Is Milan More Expensive Than Madrid?

By Alice Nichols

When it comes to European cities, Milan and Madrid are both popular destinations for tourists and expats alike. However, one question that is often asked is: Is Milan more expensive than Madrid?

Comparing the Cost of Living

To answer this question, we need to look at the cost of living in each city. According to Numbeo, a website that compares the cost of living in various cities around the world, Milan is more expensive than Madrid.

Housing

One of the biggest expenses when living in any city is housing. In Milan, the average monthly rent for a one-bedroom apartment in the city center is around €1,200 ($1,400 USD), while outside of the center it drops to €800 ($940 USD). In Madrid, on the other hand, you can expect to pay around €900 ($1,060 USD) for a one-bedroom apartment in the city center and around €650 ($760 USD) outside of the center.

Transportation

Another major expense for those living in a city is transportation. Milan has an extensive public transportation system including buses and metros which can be used with a single ticket costing €1.50 ($1.75 USD).

A monthly pass will set you back around €35 ($41 USD). In Madrid, you can also use buses and metros with a single trip costing €1.75 USD) as well but monthly pass costs only about €20-€25($23-$29USD).

  • In terms of transportation costs – Both cities are similar.
  • Madrid has cheaper public transportation passes than Milan.

Food and Drink

If you enjoy dining out or trying new cuisines when traveling then food expenses will be an important factor for you.

In Milan’s restaurants you can expect to pay around €25 ($29 USD) for a meal and in Madrid it will cost you around €15 ($17 USD). However, if you’re looking for a cheap and quick option, street food in Milan is relatively affordable with prices starting from around €5 ($6 USD), slightly lower than Madrid.

Conclusion

Overall, it’s safe to say that Milan is more expensive than Madrid. With higher rent prices and more expensive dining options, the cost of living in Milan is generally higher than in Madrid.

However, it’s important to note that both cities have many affordable options for those on a budget. Ultimately, deciding which city is more expensive depends on your lifestyle and spending habits.