Cost of Living Comparison Between Waterford and Milan Cost of Living Comparison Between Waterford and Milan

Monthly Cost of Living

Monthly costs for one person with rent: $2,761 in Waterford versus $2,645 in Milan.

Estimated couple costs with rent: $4,004 in Waterford versus $4,044 in Milan.

Monthly costs for a family of three with rent: $5,248 in Waterford versus $5,444 in Milan.

Living in Waterford is roughly 4% more expensive than in Milan, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Waterford 101% above, Milan 92% above.

Meal at Budget Restaurant

$23.04 €19.87

$24.76 €21.35

-6.95%

Three-Course Dinner for Two, Mid-Range

$101 €86.7

$97.3 €83.9

3.28%

Fast Food Meal (McDonalds, etc)

$12.50 €10.78

$13.91 €12.00

-10.14%

Cappuccino

$4.29 €3.70

$2.13 €1.84

101.41%

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

$3.14 €2.71

$4.02 €3.47

-21.89%

Water (0.33 liter bottle)

$2.18 €1.88

$2.06 €1.78

5.83%

Local Beer (0.5 liter draught)

$7.36 €6.35

$6.89 €5.94

6.82%

Imported Beer (0.33 liter bottle)

$6.12 €5.28

$6.96 €6.00

-12.07%

Milk (1 liter)

$1.50 €1.29

$1.79 €1.54

-16.20%

White Bread (500g)

$2.48 €2.14

$3.34 €2.88

-25.75%

Rice (white) (1kg)

$2.25 €1.94

$3.78 €3.26

-40.48%

Eggs

$4.57 €3.94

$5.07 €4.37

-9.86%

Local Cheese (1kg)

$14.59 €12.58

$23.70 €20.44

-38.44%

Chicken Fillets (1kg)

$11.31 €9.76

$15.03 €12.96

-24.75%

Beef Round Steak (1kg)

$13.97 €12.05

$23.74 €20.47

-41.15%

Apples (1kg)

$3.04 €2.62

$3.22 €2.78

-5.59%

Banana (1kg)

$2.26 €1.95

$2.55 €2.20

-11.37%

Oranges (1kg)

$3.15 €2.72

$3.50 €3.01

-10.00%

Tomato (1kg)

$4.22 €3.64

$4.59 €3.96

-8.06%

Potato (1kg)

$1.81 €1.56

$2.47 €2.13

-26.72%

Onion (1kg)

$1.60 €1.38

$2.15 €1.85

-25.58%

Lettuce (1 head)

$1.32 €1.14

$1.84 €1.59

-28.26%

Water (1.5 liter bottle)

$1.93 €1.66

$0.60 €0.51

221.67%

Cigarettes 20 Pack (Marlboro, Camel)

$18.47 €15.93

$7.52 €6.49

145.61%

Wine (Bottle)

$14.44 €12.45

$9.35 €8.07

54.44%

Local Beer (0.5 liter bottle)

$3.13 €2.70

$2.05 €1.77

52.68%

Imported Beer (0.33 liter bottle)

$3.25 €2.80

$2.36 €2.04

37.71%

One-way Ticket (Public Transport)

$2.58 €2.23

$2.49 €2.14

3.61%

Public Transport Monthly Pass (Regular Price)

$61.5 €53.1

$45.87 €39.56

34.12%

Taxi Start (Normal Tariff)

$5.35 €4.61

$8.07 €6.96

-33.71%

Taxi (Normal Tariff) (1km)

$1.48 €1.27

$2.37 €2.05

-37.55%

Taxi 1hour Waiting (Normal Tariff)

$57.6 €49.71

$65.0 €56.1

-11.39%

Gasoline (1 liter)

$2.19 €1.89

$2.15 €1.85

1.86%

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

$41.1K €35.4K

$38.3K €33.0K

7.42%

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

$38.3K €33.1K

$37.7K €32.5K

1.71%

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

$228 €197

$267 €230

-14.64%

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

$23.55 €20.31

$10.89 €9.39

116.25%

Internet (50+ Mbps, Unlimited Data)

$52.1 €44.90

$30.70 €26.47

69.58%

Gym Membership (Monthly)

$52.7 €45.41

$88.4 €76.2

-40.42%

Tennis Court (1 Hour on Weekend)

$14.44 €12.46

$34.05 €29.37

-57.59%

Cinema Ticket

$17.21 €14.84

$12.87 €11.10

33.72%

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

$1,049 €905

$862 €744

21.71%

International Primary School, 1 Child (Yearly)

$20.1K €17.3K

Jeans (Levis 501 Or Similar)

$74.4 €64.2

$106 €91.8

-30.09%

Summer Dress (H&M, Zara, etc)

$50.2 €43.29

$52.6 €45.34

-4.53%

Sport Shoes (Adidas, Nike)

$112 €96.8

$117 €101

-4.05%

Men's Leather Business Shoes

$117 €101

$170 €147

-31.34%

1-bedroom Apartment, City Center (Monthly)

$1,733 €1,495

$1,740 €1,501

-0.42%

1-bedroom Apartment, Outside City Center (Monthly)

$1,375 €1,186

$1,223 €1,054

12.46%

3-bedroom Apartment, City Center (Monthly)

$2,712 €2,339

$3,638 €3,137

-25.43%

3-bedroom Apartment, Outside City Center (Monthly)

$2,242 €1,934

$2,089 €1,801

7.36%

Buy Apartment in City Center (m2)

$3,389 €2,923

$11.1K €9,581

-69.49%

Buy Apartment Outside City Center (m2)

$2,650 €2,285

$5,102 €4,400

-48.07%

Average Monthly Net Salary (After Tax)

$3,355 €2,894

$2,275 €1,962

47.48%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.14

3.17

30.60%

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

Last update for Waterford: August 31, 2026

Last update for Milan: August 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,733 in Waterford and $1,740 in Milan. Housing cost is often the main lever when comparing two cities.

Waterford pays 47% 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: $101 in Waterford vs $97.0 in Milan. Groceries flip the comparison at $360 vs $432, with Waterford cheaper for home cooking.

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

Waterford vs Milan: Cost of Living - Frequently Asked Questions

Milan is cheaper overall, especially in Eating Out, Getting Around, Monthly Utilities & Internet. The 4% gap adds up to real monthly savings that compound significantly over time.

Average pay runs 47% higher in Waterford, 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: $1,733 in Waterford versus $1,740 in Milan. Housing is usually the single largest factor when comparing overall living costs between the two.

Childcare runs $1,049 in Waterford versus $862 in Milan. Over years of preschool, even a modest monthly gap compounds into a major financial factor for families.

Shoppers in Waterford pay roughly 20% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

Both cities are expensive relative to $2,500. Milan is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

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

Safety-wise, Waterford 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 Milan gentler on the wallet – expenses run 4% less than in Waterford. Beyond cost, consider language, visa policies, and how big the international community is in each city.