Last update: Oct 2026

Cost of Living Comparison Between Teramo and Milan

For one person, living is cheaper in Teramo: $1,479 a month against $2,560 in Milan, rent and utilities included – about $13,000 less a year. Rent and utilities account for most of the difference.

72

Cost of Living Index in Teramo
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Teramo Living Index
124

Cost of Living Index in Milan
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Milan Living Index

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Teramo

🇮🇹 Italy

$1,479

/mo nomad

Milan

🇮🇹 Italy

$2,560

/mo nomad

Monthly Cost of Living

How much you'll spend in Teramo and in Milan

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

Monthly costs for one person with rent: $1,479 in Teramo versus $2,560 in Milan.

Teramo $1,479
Milan $2,560

Estimated couple costs with rent: $2,256 in Teramo versus $3,895 in Milan.

Teramo $2,256
Milan $3,895

Monthly costs for a family of three with rent: $3,033 in Teramo versus $5,230 in Milan.

Teramo $3,033
Milan $5,230

Living in Teramo costs roughly 42% less than in Milan, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: Teramo 10% above, Milan 90% above.

Meal at Budget Restaurant

$16.64 €14.80

$22.52 €20.03

-26.11%

Three-Course Dinner for Two, Mid-Range

$56.5 €50.3

$89.3 €79.4

-36.72%

Fast Food Meal (McDonalds, etc)

$11.21 €9.97

$13.16 €11.71

-14.82%

Cappuccino

$1.85 €1.65

$2.13 €1.90

-13.15%

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

$2.32 €2.07

$3.67 €3.26

-36.78%

Water (0.33 liter bottle)

$1.21 €1.08

$1.82 €1.62

-33.52%

Local Beer (0.5 liter draught)

$5.69 €5.06

$6.65 €5.92

-14.44%

Imported Beer (0.33 liter bottle)

$4.41 €3.92

$6.64 €5.91

-33.58%

Milk (1 liter)

$1.44 €1.28

$1.70 €1.51

-15.29%

White Bread (500g)

$1.92 €1.71

$3.16 €2.81

-39.24%

Rice (white) (1kg)

$2.81 €2.50

$3.54 €3.15

-20.62%

Eggs

$3.57 €3.18

$4.88 €4.34

-26.84%

Local Cheese (1kg)

$16.24 €14.45

$22.85 €20.33

-28.93%

Chicken Fillets (1kg)

$12.02 €10.70

$14.72 €13.09

-18.34%

Beef Round Steak (1kg)

$20.84 €18.54

$22.77 €20.25

-8.48%

Apples (1kg)

$2.25 €2.00

$3.12 €2.77

-27.88%

Banana (1kg)

$2.05 €1.82

$2.39 €2.12

-14.23%

Oranges (1kg)

$2.23 €1.99

$3.39 €3.02

-34.22%

Tomato (1kg)

$3.56 €3.16

$4.27 €3.80

-16.63%

Potato (1kg)

$1.77 €1.57

$2.38 €2.12

-25.63%

Onion (1kg)

$1.82 €1.62

$2.04 €1.82

-10.78%

Lettuce (1 head)

$1.31 €1.17

$1.75 €1.56

-25.14%

Water (1.5 liter bottle)

$0.53 €0.47

$0.57 €0.51

-7.02%

Cigarettes 20 Pack (Marlboro, Camel)

$6.54 €5.82

$7.46 €6.64

-12.33%

Wine (Bottle)

$5.66 €5.04

$9.58 €8.52

-40.92%

Local Beer (0.5 liter bottle)

$1.15 €1.02

$2.01 €1.79

-42.79%

Imported Beer (0.33 liter bottle)

$2.83 €2.52

$2.46 €2.19

15.04%

One-way Ticket (Public Transport)

$2.26 €2.01

$2.38 €2.12

-5.04%

Public Transport Monthly Pass (Regular Price)

$44.64 €39.71

$43.27 €38.49

3.17%

Taxi Start (Normal Tariff)

$4.48 €3.98

$7.67 €6.82

-41.59%

Taxi (Normal Tariff) (1km)

$1.24 €1.11

$2.26 €2.01

-45.13%

Taxi 1hour Waiting (Normal Tariff)

$23.52 €20.92

$65.2 €58.0

-63.92%

Gasoline (1 liter)

$1.94 €1.72

$2.20 €1.96

-11.82%

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

$36.6K €32.5K

$36.5K €32.4K

0.35%

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

$33.7K €30.0K

$35.4K €31.5K

-4.81%

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

$196 €175

$247 €220

-20.52%

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

$9.39 €8.35

$10.21 €9.08

-8.03%

Internet (50+ Mbps, Unlimited Data)

$30.40 €27.04

$29.16 €25.94

4.25%

Gym Membership (Monthly)

$63.3 €56.3

$82.4 €73.3

-23.16%

Tennis Court (1 Hour on Weekend)

$20.78 €18.49

$34.18 €30.41

-39.20%

Cinema Ticket

$9.02 €8.03

$12.11 €10.77

-25.52%

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

$447 €397

$857 €762

-47.87%

International Primary School, 1 Child (Yearly)

$7,930 €7,054

$18.6K €16.5K

-57.32%

Jeans (Levis 501 Or Similar)

$94.3 €83.9

$101 €90.2

-7.04%

Summer Dress (H&M, Zara, etc)

$42.68 €37.97

$50.8 €45.21

-16.03%

Sport Shoes (Adidas, Nike)

$105 €93.8

$117 €104

-9.51%

Men's Leather Business Shoes

$131 €117

$167 €149

-21.45%

1-bedroom Apartment, City Center (Monthly)

$508 €452

$1,731 €1,540

-70.65%

1-bedroom Apartment, Outside City Center (Monthly)

$365 €325

$1,169 €1,040

-68.79%

3-bedroom Apartment, City Center (Monthly)

$706 €628

$3,402 €3,026

-79.25%

3-bedroom Apartment, Outside City Center (Monthly)

$556 €495

$2,036 €1,811

-72.69%

Buy Apartment in City Center (m2)

$1,432 €1,274

$10.5K €9,376

-86.41%

Buy Apartment Outside City Center (m2)

$1,195 €1,063

$5,240 €4,661

-77.19%

Average Monthly Net Salary (After Tax)

$1,543 €1,373

$2,145 €1,908

-28.05%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.08

3.18

-3.14%

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

Last update for Teramo: October 10, 2026

Last update for Milan: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Teramo

$365 24.7%

Milan

$1.2K 45.7% 220% $804

Groceries & Markets

Teramo

$324 21.9%

Milan

$417 16.3% 28.6% $93

Eating Out

Teramo

$240 16.3%

Milan

$314 12.3% 30.5% $73

Monthly Utilities & Internet

Teramo

$236 16%

Milan

$286 11.2% 21.3% $50

Clothing & Footwear

Teramo

$168 11.4%

Milan

$196 7.7% 16.7% $28

Sport & Entertainment

Teramo

$81 5.5%

Milan

$107 4.2% 31% $25

Getting Around

Teramo

$64 4.4%

Milan

$72 2.8% 11.5% $7.4

Cost Breakdown

A one-bedroom apartment in the center runs $508 in Teramo and $1,731 in Milan. Housing cost is often the main lever when comparing two cities.

Milan pays 39% 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: $57.0 in Teramo vs $89.0 in Milan for a mid-range dinner for two. Groceries echo the gap at $324 vs $417 per month, with Teramo cheaper across the board.

Good to know

🇮🇹 Teramo

🇮🇹 Milan

🕒 Local time

05:57 5:57 AM

Same time as Teramo

🌤 Weather

👥 Population

54,892

1,394,798

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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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

Teramo vs Milan: Cost of Living - Frequently Asked Questions

Teramo is cheaper overall, especially in groceries, eating out, and clothing. The 73% gap adds up to real monthly savings that compound significantly over time.

On paper, salaries run 39% lower in Milan. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $508 in Teramo versus $1,731 in Milan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $447 in Teramo versus $857 in Milan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Supermarket bills run roughly 29% higher in Milan. For households that cook at home regularly, that difference adds up over a month.

At $1,479 in Teramo versus $2,560 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, Teramo and Milan 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 73% less than in Milan. Beyond cost, consider language, visa policies, and how big the international community is in each city.