Cost of living in Milan

Cost of living in Milan

Milan is quite expensive, we all know that. If you are an Erasmus or an international student you can have many discounts, but you also have needs that other people don’t have… This short guide to the cost of living in Milan can be useful!

The cost of living in Milan, of course, may vary depending on your lifestyle, habits and vices. Let’s see:

ACCOMMODATION

Rent a room or a flat in Milan is not cheap: the average price for a single room in Milan (in a good location) is around 600 € while double room (same area) is 300/400 €. If you are thinking to move to a flat alone, prices for a “monolocale” (studio) start from 700/800 €.

A very fast and good way to find accommodation is to search between our accommodation ads. Also, reading our article “Finding a flat in Milan: Mission impossible?” can help you!

BILLS

If you live in shared accommodation, probably the owner will tell you in advance if the cost of bills is included or not in the rent. If you are planning to rent a flat on your own you should consider these costs:

  • Gas: around 30 €/month (average cost for summer/winter seasons);
  • Electricity: around 50 €/month;
  • Water: around 250 €/year;
  • Garbage: around 200 €/year

INTERNET, MOBILE AND TV

Same thing… It depends if these expenses are included or not in your rent.

For the Internet (you will probably do not need a landline) you will pay around 25/30 € per month, while for mobile there are many companies that with around 10 € can give you hundreds or even unlimited monthly minutes and SMS and even 100 GB of mobile internet. You can check the websites of four main mobile companies in Italy: Vodafone, Windtre, Tim, Fastweb. The quite new company Iliad offers very interesting rates at a cheap price.

TV: In Italy if you own a private tv at home you must pay a tax called “Canone Rai” for public television: the cost is 90 €/year.

TRANSPORT

Milan public transport system works pretty well and, if compared with other European cities, it is quite cheap. Depending on your age, a monthly pass costs 22 € if you are under 27 years old or 39 € if you are older.

If you want to enjoy the city by bike you can always rent a bike with BIKE MI (public service). The first 30 minutes are always free if you take a traditional bike (the e-bikes have a small cost)

You can find all the information you need about transport in Milan in this article.

SPARE TIME

Having fun in Milan sometimes can be expensive, but there are several options to stay on budget. Let’s see the average cost of beer, apertivo, clubs and… Pizza:

BEER

A beer in a pub is around 5 €, but most of the pubs usually have a special deal once per week with discounts (from 3 to 4 €).

You can always buy your own/buy from a peddler or small shops and enjoy open spaces (Colonne di San Lorenzo, Piazza Leonardo da Vinci, Piazza Duomo and so on…). In Milan there are no prohibitions for drinking an alcoholic beverage on the street, just pay attention that after 10 pm is not possible to drink in glass bottles.

APERITIVO

It consists of some snacks, which are usually served for free together with your pre-dinner drink. Milan’s aperitivo is simply the best in Italy. With the price of a drink (usually around 10 €) you have access to an all-you-can-eat buffet (pasta/pizza/rice/salads and so on..). It usually lasts from 6 pm to 10 pm. It’s an amazing way to have dinner at a cheap price!

CLUBS

A night in the club costs around between 15 € and 25 € including a drink. If you are a student (Erasmus or not) you can also find cheaper Erasmus events, they can be free or available at a special price (10 €, 2 drinks included).

PIZZA

The most famous Italian dish. The average quality is high, and for a classic dinner based on pizza, beer and coffee you will pay around 15 €.

You can also have a slice of pizza for 5 € in one of the many Spontini restaurants around Milan.

We hope that this guide to the cost of living in Milan is useful and we will update it with new categories soon! In the meantime, you can get an idea about the cost of living in Milan on this website.

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