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
Turin

Italy

COL index 52.4

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

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The verdict

Living in Turin is 25.6% 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
MilanMetricTurinΔ
70.4Cost of living index52.4-25.6%
€50,000Median gross salary€50,0000.0%
€32,873Net at €50,000 gross€32,8730.0%
€1,920Rent — 1BR centre€1,080-43.8%
€2,640Monthly COL (single)€1,612-38.9%
€46,695PPP — net / COL€62,735+34.4%
34.3%Effective tax @ €50,00034.3%0.0%
§ 02

Monthly expenses — paired

Milan Turin
Rent — 1BR centre
Milan
€1,920
Turin
€1,080
Groceries
Milan
€370
Turin
€275
Utilities
Milan
€185
Turin
€138
Transport
Milan
€80
Turin
€57
Internet
Milan
€40
Turin
€32
Gym
Milan
€45
Turin
€30
§ 03

Salary equivalence

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

To have the same purchasing power in Turin, you would need roughly €35,761 gross in Italy (≈ €2,039 net monthly, adjusted for cost-of-living index).

€50,000
Milan
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€46,695
Turin
€32,873
Net annual · 34.3% effective
PPP-adjusted equivalent
€62,735
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§ 04

Pros & cons

Milan
  • High rent-to-income ratio (70.1%)
Turin
  • +Significantly cheaper rent (€1,080)
  • High rent-to-income ratio (39.4%)
§ 05

The verdict

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

§ 06

Frequently asked

Is Milan cheaper than Turin?+

Turin is cheaper. Cost-of-living index: Milan 70.4, Turin 52.4 — a 25.6% difference (Q1 2026).

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

Milan sits at 70.4 on our COL index, Turin at 52.4. That works out to roughly 25.6% — Turin being the cheaper of the two.

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

It depends on priorities. Milan delivers €32,873 net on a €50,000 gross salary at a 34.3% effective tax rate. Turin delivers €32,873 at 34.3%. Centre 1-bed rent: €1,920 vs €1,080.

How do salaries compare in Milan vs Turin?+

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 Turin.

Which city has lower taxes, Milan or Turin?+

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

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