Cost of Living Comparison Between Milan and Teramo Cost of Living Comparison Between Milan and Teramo

Monthly Cost of Living

Monthly costs for one person with rent: $2,508 in Milan versus $1,501 in Teramo.

Estimated couple costs with rent: $3,853 in Milan versus $2,327 in Teramo.

Monthly costs for a family of three with rent: $5,197 in Milan versus $3,153 in Teramo.

Living in Milan is roughly 67% more expensive than Teramo, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Milan 87% above, Teramo 12% above.

Meal at Budget Restaurant

$23.06 €19.84

$17.02 €14.64

35.49%

Three-Course Dinner for Two, Mid-Range

$92.1 €79.2

$57.2 €49.18

61.07%

Fast Food Meal (McDonalds, etc)

$12.73 €10.95

$11.77 €10.12

8.16%

Cappuccino

$2.17 €1.87

$1.76 €1.52

23.30%

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

$3.23 €2.78

$2.16 €1.86

49.54%

Water (0.33 liter bottle)

$1.50 €1.29

$1.12 €0.97

33.93%

Local Beer (0.5 liter draught)

$7.11 €6.11

$4.68 €4.02

51.92%

Imported Beer (0.33 liter bottle)

$5.71 €4.92

$4.57 €3.94

24.95%

Milk (1 liter)

$1.84 €1.58

$1.51 €1.30

21.85%

White Bread (500g)

$2.81 €2.42

$1.78 €1.53

57.87%

Rice (white) (1kg)

$3.34 €2.87

$2.92 €2.51

14.38%

Eggs

$4.31 €3.70

$3.64 €3.14

18.41%

Local Cheese (1kg)

$19.74 €16.98

$14.83 €12.76

33.11%

Chicken Fillets (1kg)

$13.02 €11.20

$10.38 €8.93

25.43%

Beef Round Steak (1kg)

$24.69 €21.24

$16.59 €14.27

48.82%

Apples (1kg)

$2.84 €2.45

$2.25 €1.94

26.22%

Banana (1kg)

$2.31 €1.99

$2.21 €1.90

4.52%

Oranges (1kg)

$3.37 €2.90

$2.61 €2.25

29.12%

Tomato (1kg)

$3.94 €3.39

$3.61 €3.11

9.14%

Potato (1kg)

$2.59 €2.23

$2.01 €1.73

28.86%

Onion (1kg)

$2.19 €1.88

$1.99 €1.71

10.05%

Lettuce (1 head)

$1.63 €1.40

$1.41 €1.21

15.60%

Water (1.5 liter bottle)

$0.70 €0.60

$0.58 €0.50

20.69%

Cigarettes 20 Pack (Marlboro, Camel)

$6.88 €5.91

$6.79 €5.84

1.33%

Wine (Bottle)

$9.11 €7.83

$5.95 €5.12

53.11%

Local Beer (0.5 liter bottle)

$2.35 €2.02

$1.24 €1.07

89.52%

Imported Beer (0.33 liter bottle)

$3.00 €2.58

$2.96 €2.55

1.35%

One-way Ticket (Public Transport)

$2.49 €2.14

$2.29 €1.97

8.73%

Public Transport Monthly Pass (Regular Price)

$45.58 €39.21

$46.72 €40.19

-2.44%

Taxi Start (Normal Tariff)

$8.13 €6.99

$5.68 €4.89

43.13%

Taxi (Normal Tariff) (1km)

$2.63 €2.26

$1.41 €1.21

86.52%

Taxi 1hour Waiting (Normal Tariff)

$39.61 €34.08

$35.20 €30.28

12.53%

Gasoline (1 liter)

$2.05 €1.76

$2.00 €1.72

2.50%

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

$33.4K €28.8K

$36.4K €31.3K

-8.18%

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

$36.4K €31.3K

$32.9K €28.3K

10.61%

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

$216 €185

$225 €193

-4.10%

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

$11.71 €10.07

$13.09 €11.26

-10.54%

Internet (50+ Mbps, Unlimited Data)

$30.47 €26.21

$34.09 €29.32

-10.62%

Gym Membership (Monthly)

$75.1 €64.6

$68.1 €58.6

10.34%

Tennis Court (1 Hour on Weekend)

$37.13 €31.94

$30.52 €26.25

21.66%

Cinema Ticket

$11.74 €10.10

$9.14 €7.87

28.45%

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

$875 €753

$390 €335

124.59%

International Primary School, 1 Child (Yearly)

$16.7K €14.4K

$6,040 €5,196

176.19%

Jeans (Levis 501 Or Similar)

$115 €99.0

$104 €89.2

10.97%

Summer Dress (H&M, Zara, etc)

$53.2 €45.80

$43.95 €37.81

21.14%

Sport Shoes (Adidas, Nike)

$115 €98.9

$100.0 €86.0

14.98%

Men's Leather Business Shoes

$171 €147

$146 €126

16.96%

1-bedroom Apartment, City Center (Monthly)

$1,612 €1,387

$524 €451

207.76%

1-bedroom Apartment, Outside City Center (Monthly)

$1,137 €978

$379 €326

200.35%

3-bedroom Apartment, City Center (Monthly)

$3,138 €2,699

$727 €626

331.43%

3-bedroom Apartment, Outside City Center (Monthly)

$2,084 €1,793

$587 €505

254.84%

Buy Apartment in City Center (m2)

$11.1K €9,505

$1,486 €1,279

643.39%

Buy Apartment Outside City Center (m2)

$5,565 €4,787

$1,260 €1,084

341.74%

Average Monthly Net Salary (After Tax)

$2,270 €1,953

$1,603 €1,379

41.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.25

4.04

-19.55%

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

Last update for Milan: May 31, 2026

Last update for Teramo: June 1, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,612 in Milan and $524 in Teramo. Housing cost is often the main lever when comparing two cities.

Milan pays 42% 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: $92.0 in Milan vs $57.0 in Teramo for a mid-range dinner for two. Groceries echo the gap at $400 vs $305 per month, with Teramo cheaper across the board.

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 cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment, Getting Around. The 67% gap adds up to real monthly savings that compound significantly over time.

Milan pays 42% more on average, 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: $1,612 in Milan versus $524 in Teramo. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $875 in Milan versus $390 in Teramo. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 31% higher in Milan. For households that cook at home regularly, that difference adds up over a month.

At $1,501 in Teramo versus $2,508 in Milan, a $1,500 budget is realistic in Teramo but tight or insufficient in Milan. The gap between the two cities makes Teramo the clear choice for anyone on this budget.

For families, Teramo is more practical. Housing and childcare are both notably cheaper than in Milan, and the savings on those two alone free up budget for education, activities, and family trips.

Safety-wise, Milan and Teramo are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Teramo gentler on the wallet – expenses run 67% less than in Milan. Beyond cost, consider language, visa policies, and how big the international community is in each city.