Vol. III · No. 47 · Q1 2026 EditionUpdated Weekly · ECB FX

WorthOf

A global ledger of salary, tax & the price of living

City Comparison · Updated May 2026

Bologna

Italy

COL index 55.8

vs
Milan

Italy

COL index 70.4

Bologna vs Milan — Cost of Living, Salary & Tax Compared (2026)

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The verdict

Living in Bologna is 20.7% cheaper than Milan for the same lifestyle.

Based on Q1 2026 COL index and median single-person expenditure.

§ 01

Side-by-side stats

Better for cost
BolognaMetricMilanΔ
55.8Cost of living index70.4+26.2%
€50,000Median gross salary€50,0000.0%
€32,873Net at €50,000 gross€32,8730.0%
€1,180Rent — 1BR centre€1,920+62.7%
€1,736Monthly COL (single)€2,640+52.1%
€58,913PPP — net / COL€46,695-20.7%
34.3%Effective tax @ €50,00034.3%0.0%
§ 02

Monthly expenses — paired

Bologna Milan
Rent — 1BR centre
Bologna
€1,180
Milan
€1,920
Groceries
Bologna
€285
Milan
€370
Utilities
Bologna
€145
Milan
€185
Transport
Bologna
€60
Milan
€80
Internet
Bologna
€34
Milan
€40
Gym
Bologna
€32
Milan
€45
§ 03

Salary equivalence

50,000 gross in Italy = €2,739 net monthly.

To have the same purchasing power in Milan, you would need roughly €65,908 gross in Italy (≈ €3,456 net monthly, adjusted for cost-of-living index).

€50,000
Bologna
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€58,913
Milan
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€46,695
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§ 04

Pros & cons

Bologna
  • +Significantly cheaper rent (€1,180)
  • High rent-to-income ratio (43.1%)
Milan
  • High rent-to-income ratio (70.1%)
§ 05

The verdict

Across the data, Bologna carries a lower cost-of-living index; Bologna wins on purchasing power after costs are netted out. If purchasing power is your north star, Bologna edges it.

§ 06

Frequently asked

Is Bologna cheaper than Milan?+

Bologna is cheaper. Cost-of-living index: Bologna 55.8, Milan 70.4 — a 20.7% difference (Q1 2026).

What is the cost of living difference between Bologna and Milan?+

Bologna sits at 55.8 on our COL index, Milan at 70.4. That works out to roughly 20.7% — Bologna being the cheaper of the two.

Is Bologna a good place to live compared to Milan?+

It depends on priorities. Bologna delivers €32,873 net on a €50,000 gross salary at a 34.3% effective tax rate. Milan delivers €32,873 at 34.3%. Centre 1-bed rent: €1,180 vs €1,920.

How do salaries compare in Bologna vs Milan?+

On a €50,000 gross salary, take-home is €32,873/year (€2,739/month) in Bologna and €32,873/year (€2,739/month) in Milan.

Which city has lower taxes, Bologna or Milan?+

Italy has the lower effective rate at €50,000: Italy 34.3%, Italy 34.3%.

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