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

Milan

Italy

COL index 70.4

vs
Rome

Italy

COL index 60.8

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

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The verdict

Living in Rome is 13.6% 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
MilanMetricRomeΔ
70.4Cost of living index60.8-13.6%
€50,000Median gross salary€50,0000.0%
€32,873Net at €50,000 gross€32,8730.0%
€1,920Rent — 1BR centre€1,480-22.9%
€2,640Monthly COL (single)€2,103-20.3%
€46,695PPP — net / COL€54,068+15.8%
34.3%Effective tax @ €50,00034.3%0.0%
§ 02

Monthly expenses — paired

Milan Rome
Rent — 1BR centre
Milan
€1,920
Rome
€1,480
Groceries
Milan
€370
Rome
€320
Utilities
Milan
€185
Rome
€165
Transport
Milan
€80
Rome
€65
Internet
Milan
€40
Rome
€35
Gym
Milan
€45
Rome
€38
§ 03

Salary equivalence

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

To have the same purchasing power in Rome, you would need roughly €42,406 gross in Italy (≈ €2,366 net monthly, adjusted for cost-of-living index).

€50,000
Milan
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€46,695
Rome
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€54,068
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§ 04

Pros & cons

Milan
  • High rent-to-income ratio (70.1%)
Rome
  • +Significantly cheaper rent (€1,480)
  • High rent-to-income ratio (54.0%)
§ 05

The verdict

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

§ 06

Frequently asked

Is Milan cheaper than Rome?+

Rome is cheaper. Cost-of-living index: Milan 70.4, Rome 60.8 — a 13.6% difference (Q1 2026).

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

Milan sits at 70.4 on our COL index, Rome at 60.8. That works out to roughly 13.6% — Rome being the cheaper of the two.

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

It depends on priorities. Milan delivers €32,873 net on a €50,000 gross salary at a 34.3% effective tax rate. Rome delivers €32,873 at 34.3%. Centre 1-bed rent: €1,920 vs €1,480.

How do salaries compare in Milan vs Rome?+

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

Which city has lower taxes, Milan or Rome?+

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

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