Cost of living in Milan, Italy vs Innsbruck, Austria
Currency:
Food | - 8% | |||
---|---|---|---|---|
Food in Milan (Italy) is 8% cheaper than in Innsbruck (Austria) | ||||
Basic lunchtime menu (including a drink) in the business district | €16 | €13 | + 25% | |
Combo meal in fast food restaurant (big mac meal or similar) | €8 | €8 | + 9% | |
500 gr (1 lb.) of boneless chicken breast | €4.94 | €5.14 | - 4% | |
1 liter (1 qt.) of whole fat milk | €1.22 | €1.11 | + 10% | |
12 eggs, large | €3.99 | €5.46 | - 27% | |
1 kg (2 lb.) of tomatoes | €2.04 | €2.97 | - 31% | |
500 gr (16 oz.) of local cheese | €6 | €5.54 | + 13% | |
1 kg (2 lb.) of apples | €1.76 | €2.61 | - 33% | |
1 kg (2 lb.) of potatoes | €1.34 | €2.39 | - 44% | |
0.5 l (16 oz) domestic beer in the supermarket | €1.54 | €1.18 | + 30% | |
1 bottle of red table wine, good quality | €8 | €8 | - 6% | |
2 liters of coca-cola | €1.75 | €2.15 | - 19% | |
Bread for 2 people for 1 day | €1.12 | €1.98 | - 43% | |
Housing | + 19% | |||
Housing in Milan (Italy) is 19% more expensive than in Innsbruck (Austria) | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | €1,758 | €1,362 | + 29% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | €1,085 | €1,121 | - 3% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | €120 | €181 | - 33% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | €1,214 | €731 | + 66% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | €772 | €586 | + 32% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | €84 | €108 | - 22% | |
Internet 8 mbps (1 month) | €24 | €20 | + 20% | |
40” flat screen tv | €344 | €491 | - 30% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | €132 | €104 | + 27% | |
Laundry detergent (3 l. ~ 100 oz.) | €4.67 | €7 | - 32% | |
Hourly rate for cleaning help | €11 | €11 | - 1% | |
Clothes | + 10% | |||
Clothes in Milan (Italy) is 10% more expensive than in Innsbruck (Austria) | ||||
1 pair of jeans (levis 501 or similar) | €88 | €90 | - 3% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | €42 | €33 | + 26% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | €92 | €94 | - 2% | |
1 pair of men’s leather business shoes | €124 | €124 | - 0% | |
Transportation | - 6% | |||
Transportation in Milan (Italy) is 6% cheaper than in Innsbruck (Austria) | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | €25,398 | €24,287 | + 5% | |
1 liter (1/4 gallon) of gas | €1.45 | €1.21 | + 20% | |
Monthly ticket public transport | €41 | €51 | - 20% | |
Taxi trip on a business day, basic tariff, 8 km. (5 miles) | €21 | €22 | - 4% | |
Personal Care | + 2% | |||
Personal Care in Milan (Italy) is about the same as in Innsbruck (Austria) | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | €9 | €11 | - 22% | |
1 box of antibiotics (12 doses) | €9 | €9 | + 2% | |
Short visit to private doctor (15 minutes) | €80 | €73 | + 11% | |
1 box of 32 tampons (tampax, ob, ...) | €5.92 | €4.50 | + 32% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | €3.48 | €3.25 | + 7% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | €2.93 | €4.05 | - 28% | |
4 rolls of toilet paper | €2.20 | €1.50 | + 47% | |
Tube of toothpaste | €1.83 | €2.41 | - 24% | |
Standard men's haircut in expat area of the city | €16 | €18 | - 14% | |
Entertainment | + 24% | |||
Entertainment in Milan (Italy) is 24% more expensive than in Innsbruck (Austria) | ||||
Basic dinner out for two in neighborhood pub | €39 | €41 | - 6% | |
2 tickets to the movies | €20 | €20 | + 3% | |
2 tickets to the theater (best available seats) | €126 | €70 | + 79% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | €72 | €51 | + 42% | |
1 cocktail drink in downtown club | €12 | €8 | + 45% | |
Cappuccino in expat area of the city | €2.05 | €2.66 | - 23% | |
1 beer in neighbourhood pub (500ml or 1pt.) | €5.23 | €3.65 | + 43% | |
Ipad wi-fi 128gb | €467 | €556 | - 16% | |
1 min. of prepaid mobile tariff (no discounts or plans) | €0.19 | €0.15 | + 26% | |
1 month of gym membership in business district | €84 | €43 | + 93% | |
1 package of marlboro cigarettes | €5.66 | €5.12 | + 11% | |
TOTAL | + 5% |

These prices were last updated on February 28, 2021.
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Cost of living in Milan (Italy) is 5% more expensive than in Innsbruck (Austria)
For example, you would need at least €4,007 in Milan to maintain the same standard of living that you can have with €3,800 in Innsbruck.
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