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

WorthOf

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

City Comparison · Updated Jul 2026

Geneva

Switzerland

COL index

vs
Milan

Italy

COL index 70.4

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

Updated 2 weeks ago
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The verdict

Comparing Geneva and Milan.

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

§ 01

Side-by-side stats

Better for salary
GenevaMetricMilanΔ
Cost of living index70.4
€50,000Median gross salary€50,0000.0%
€44,757Net at €50,000 gross€32,873-26.6%
Rent — 1BR centre€1,920
Monthly COL (single)€2,640
PPP — net / COL€46,695
10.5%Effective tax @ €50,00034.3%+226.7%
§ 02

Monthly expenses — paired

Geneva Milan
Rent — 1BR centre
Geneva
Milan
€1,920
Groceries
Geneva
Milan
€370
Utilities
Geneva
Milan
€185
Transport
Geneva
Milan
€80
Internet
Geneva
Milan
€40
Gym
Geneva
Milan
€45
§ 03

Salary equivalence

50,000 gross in Switzerland = €3,730 net monthly.

Purchasing-power equivalence requires COL data for both cities.

€50,000
Geneva
€44,757
Net annual · 10.5% effective
PPP-adjusted equivalent
Milan
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€46,695
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§ 04

Pros & cons

Geneva
  • +Favourable tax rate (10.5%)
Milan
  • High rent-to-income ratio (70.1%)
§ 05

The verdict

Across the data, Geneva delivers a higher take-home on a €50,000 gross salary; Geneva has the lighter effective tax burden. Weighing it all, neither city dominates outright.

§ 06

Frequently asked

Is Geneva cheaper than Milan?+

Index data is incomplete for both cities.

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

Not enough COL data for both cities yet.

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

It depends on priorities. Geneva delivers €44,757 net on a €50,000 gross salary at a 10.5% effective tax rate. Milan delivers €32,873 at 34.3%.

How do salaries compare in Geneva vs Milan?+

On a €50,000 gross salary, take-home is €44,757/year (€3,730/month) in Geneva and €32,873/year (€2,739/month) in Milan.

Which city has lower taxes, Geneva or Milan?+

Switzerland has the lower effective rate at €50,000: Switzerland 10.5%, Italy 34.3%.

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