Last update: Oct 2026

Cost of Living Comparison Between Milan and Teramo

For one person, living is cheaper in Teramo: $1,575 a month against $2,555 in Milan, rent and utilities included – about $11,800 less a year. Rent and utilities account for most of the difference.

122

Cost of Living Index in Milan
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Milan Living Index
76

Cost of Living Index in Teramo
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Teramo Living Index

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Milan

🇮🇹 Italy

$2,555

/mo nomad

Teramo

🇮🇹 Italy

$1,575

/mo nomad

Monthly Cost of Living

How much you'll spend in Milan and in Teramo

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Milan and in Teramo actually costs, broken down by who's living it.

Monthly costs for one person with rent: $2,555 in Milan versus $1,575 in Teramo.

Milan $2,555
Teramo $1,575

Estimated couple costs with rent: $3,859 in Milan versus $2,363 in Teramo.

Milan $3,859
Teramo $2,363

Monthly costs for a family of three with rent: $5,163 in Milan versus $3,151 in Teramo.

Milan $5,163
Teramo $3,151

Living in Milan is roughly 62% more expensive than in Teramo, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Milan 88% above, Teramo 16% above.

Meal at Budget Restaurant

$22.10 €19.79

$19.42 €17.40

13.80%

Three-Course Dinner for Two, Mid-Range

$89.0 €79.8

$56.7 €50.8

56.93%

Fast Food Meal (McDonalds, etc)

$13.35 €11.96

$11.52 €10.32

15.89%

Cappuccino

$2.14 €1.91

$1.78 €1.60

20.22%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.68 €3.30

$2.47 €2.22

48.99%

Water (0.33 liter bottle)

$1.95 €1.74

$1.63 €1.46

19.63%

Local Beer (0.5 liter draught)

$6.96 €6.24

$5.50 €4.92

26.55%

Imported Beer (0.33 liter bottle)

$6.78 €6.07

$4.46 €3.99

52.02%

Milk (1 liter)

$1.75 €1.56

$1.41 €1.26

24.11%

White Bread (500g)

$3.19 €2.85

$2.26 €2.03

41.15%

Rice (white) (1kg)

$3.69 €3.30

$2.55 €2.29

44.71%

Eggs

$5.02 €4.50

$3.50 €3.13

43.43%

Local Cheese (1kg)

$23.30 €20.87

$18.08 €16.19

28.87%

Chicken Fillets (1kg)

$14.73 €13.19

$12.02 €10.77

22.55%

Beef Round Steak (1kg)

$22.89 €20.50

$18.14 €16.25

26.19%

Apples (1kg)

$2.96 €2.65

$2.11 €1.89

40.28%

Banana (1kg)

$2.31 €2.07

$1.96 €1.75

17.86%

Oranges (1kg)

$3.23 €2.89

$2.22 €1.99

45.50%

Tomato (1kg)

$4.30 €3.85

$2.87 €2.57

49.83%

Potato (1kg)

$2.26 €2.03

$1.60 €1.44

41.25%

Onion (1kg)

$2.00 €1.79

$1.73 €1.55

15.61%

Lettuce (1 head)

$1.78 €1.59

$1.36 €1.22

30.88%

Water (1.5 liter bottle)

$0.61 €0.55

$0.37 €0.33

64.86%

Cigarettes 20 Pack (Marlboro, Camel)

$7.25 €6.49

$6.87 €6.15

5.53%

Wine (Bottle)

$9.77 €8.75

$5.55 €4.97

76.04%

Local Beer (0.5 liter bottle)

$1.93 €1.73

$1.19 €1.07

62.18%

Imported Beer (0.33 liter bottle)

$2.38 €2.13

$1.81 €1.62

31.49%

One-way Ticket (Public Transport)

$2.45 €2.19

$2.20 €1.97

11.36%

Public Transport Monthly Pass (Regular Price)

$43.45 €38.91

$45.56 €40.80

-4.63%

Taxi Start (Normal Tariff)

$7.62 €6.83

$5.32 €4.77

43.23%

Taxi (Normal Tariff) (1km)

$2.29 €2.05

$1.47 €1.32

55.78%

Taxi 1hour Waiting (Normal Tariff)

$65.1 €58.3

$24.17 €21.65

169.22%

Gasoline (1 liter)

$2.20 €1.97

$1.92 €1.72

14.58%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$36.3K €32.6K

$36.9K €33.1K

-1.56%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$37.4K €33.5K

$33.2K €29.7K

12.82%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$248 €222

$283 €253

-12.41%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$10.29 €9.22

$16.59 €14.86

-37.97%

Internet (50+ Mbps, Unlimited Data)

$29.70 €26.60

$33.10 €29.64

-10.27%

Gym Membership (Monthly)

$82.9 €74.2

$63.0 €56.4

31.53%

Tennis Court (1 Hour on Weekend)

$33.55 €30.04

$21.18 €18.97

58.40%

Cinema Ticket

$11.38 €10.19

$8.81 €7.89

29.17%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$939 €841

$447 €400

110.35%

International Primary School, 1 Child (Yearly)

$18.8K €16.8K

$12.3K €11.0K

52.39%

Jeans (Levis 501 Or Similar)

$101 €90.7

Summer Dress (H&M, Zara, etc)

$49.50 €44.34

$35.30 €31.61

40.23%

Sport Shoes (Adidas, Nike)

$116 €104

$98.2 €88.0

17.96%

Men's Leather Business Shoes

$164 €146

$112 €100

45.89%

1-bedroom Apartment, City Center (Monthly)

$1,764 €1,580

$513 €459

244.13%

1-bedroom Apartment, Outside City Center (Monthly)

$1,164 €1,043

$360 €323

223.09%

3-bedroom Apartment, City Center (Monthly)

$3,429 €3,071

$707 €633

385.09%

3-bedroom Apartment, Outside City Center (Monthly)

$1,975 €1,768

$565 €506

249.25%

Buy Apartment in City Center (m2)

$10.6K €9,470

$1,431 €1,282

638.80%

Buy Apartment Outside City Center (m2)

$5,220 €4,675

$1,200 €1,075

335.07%

Average Monthly Net Salary (After Tax)

$2,162 €1,936

$1,570 €1,406

37.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.18

3.02

5.30%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Milan: October 27, 2026

Last update for Teramo: October 25, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Milan

$1.2K 45.6%

Teramo

$360 22.9% 69% $804

Groceries & Markets

Milan

$419 16.4%

Teramo

$314 19.9% 25% $105

Eating Out

Milan

$313 12.3%

Teramo

$264 16.8% 15.7% $49

Monthly Utilities & Internet

Milan

$288 11.3%

Teramo

$333 21.1% 15.6% $45

Clothing & Footwear

Milan

$194 7.6%

Teramo

$156 9.9% 19.4% $37

Sport & Entertainment

Milan

$106 4.1%

Teramo

$81 5.1% 23.7% $25

Getting Around

Milan

$72 2.8%

Teramo

$67 4.3% 7.3% $5.3

Cost Breakdown

A one-bedroom apartment in the center runs $1,764 in Milan and $513 in Teramo. Housing cost is often the main lever when comparing two cities.

Milan pays 38% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $89 in Milan vs $57 in Teramo for a mid-range dinner for two. Groceries echo the gap at $419 vs $314 per month, with Teramo cheaper across the board.

Good to know

🇮🇹 Milan

🇮🇹 Teramo

🕒 Local time

01:47 1:47 AM

Same time as Milan

🌤 Weather

👥 Population

1,394,798

54,892

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

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City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Milan vs Teramo: Cost of Living - Frequently Asked Questions

Teramo is about 38% cheaper overall, especially in groceries, eating out, and clothing. That difference adds up to real monthly savings that compound significantly over time.

Average pay runs 38% higher in Milan, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,764 in Milan versus $513 in Teramo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $939 in Milan versus $447 in Teramo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 33% higher in Milan. For households that cook at home regularly, that difference adds up over a month.

Both cities are expensive relative to $1,500. Teramo is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Milan and Teramo are both considered safe, so it’s unlikely to be the deciding factor between them.

It comes down to priorities – Teramo wins on affordability, Milan on earning potential. Factor in climate, language, visa rules, and proximity to places that matter to you before deciding.