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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

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Italy, Milan
Overview

Italy, MilanMilan, is the capital of the region of Lombardi and of the province of Milan. Milan is one of the EU's and the world's major financial and business centres. Milan is also regarded as the true current fashion capital of the world.

Italy is in Southern Europe, a peninsula extending into the central Mediterranean Sea, northeast of Tunisia. The climate is predominantly mediterranean, but Alpine in the far north and hot and dry in the south.

The official language is Italian. Accents and dialects may differ from one region to another. Foreign languages (especially English) are now widely spoken, particularly in tourist areas and in cities, using a few phrases of Italian will be appreciated. English is frequently used as a common language at international conferences and in business meetings. The Alto Adige area of northern Italy has a bilingual Italian-German-speaking population. The Valle d'Aosta (north-western Italy) is bilingual Italian-French. Friuli-Venezia Giulia is a Slovenian-speaking area. The Albanian language is widely spoken in the town of Piana degli Albanesi in Sicily. The main religion is Christianity.

The economy of Italy is the seventh-largest economy in the world and the fourth-largest in Europe, according to the International Monetary Fund. Italy belongs to the Group of Eight (G8) industrialized nations; it is a member of the European Union and OECD. The country is divided into a developed industrial north dominated by large private companies and an agricultural, state-assisted south.

In Italy personal titles are important. The most common forms of greeting are Signore (Mr), Signorina (Miss) or Signora (Mrs). Expatriate business dress is usually formal, fashionable and well-cut.

The security risk for expatriates in Italy is low, but medium in Naples. Risks include petty crime (targets include expatriates), terrorism, and risks associated with protest action.

The currency of Italy is the Euro (EUR). Banking is on a par with that of the rest of Western Europe and North America.

Medical facilities in Italy are good, however the cost of treatment for expatriates from outside the EU can be high.

The population of Milan is 3.2 Million (2016 est.), while the inflation rate is 1.1% (July 2017).


Cost Of Living

The cost of living for expatriates / professional migrants in Milan as at 1 July 2017 is high in comparison to other places in the world.

In Milan, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: Very Low
2) Clothing: High
3) Communication: Average
4) Education: Average
5) Furniture & Appliances: Low
6) Groceries: Average
7) Healthcare: Average
8) Household Accommodation: High
9) Miscellaneous: Average
10) Personal Care: Very High
11) Recreation & Culture: High
12) Restaurants Meals Out and Hotels: Very High
13) Transport: High

Milan is for example 12.5% more expensive than Houston TX for groceries, 33.2% more expensive for household costs than Kuala Lumpur, and 43.1% more expensive for transport costs than Dubai.

Milan is ranked as a minimal hardship location.

The hardship premium for Milan for an expat from Perth, is for example 0%, i.e. host location (Milan) premium of 10% minus home (Perth) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Milan? Register subscribe to your home location and Milan and run your personalised reports.

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