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London vs Milan: Cost of Living Compared

A side-by-side comparison of rent, daily expenses, and quality-of-life factors in London (U.K.) and Milan (Italy). Data sourced from official government statistics, updated 2026.

CategoryLondonMilan
CountryU.K.Italy
CurrencyGBP (£)EUR (€)
1BR Rent Range£1,100 - £3,600€1,040 - €2,300Cheaper
2BR Rent Range£1,430 - £4,800€1,400 - €3,000Cheaper
Groceries / mo£280Cheaper€350
Transport Pass / mo£202€39Cheaper
Dining Out / mo£240€200Cheaper
English Level5/5 (Excellent)Cheaper4/5 (Good)
Neighborhoods Tracked1812
Healthcare SystemNHS (Public)Public (SSN)

Verdict

Overall, Milan tends to be more affordable when comparing rent, groceries, transport, and dining costs. However, the two cities use different currencies, so exchange rates and local salary levels also play a significant role. Use our calculator to see what your specific salary means in each city.

Explore London

18 neighborhoods, rent data, and full cost breakdown in U.K.

View London details

Explore Milan

12 neighborhoods, rent data, and full cost breakdown in Italy

View Milan details

Calculate your salary in both cities

Enter your gross salary to see net pay, rent affordability, and savings potential in London and Milan.

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Frequently Asked Questions

Is London or Milan cheaper to live in?

Based on our data, Milan is generally cheaper to live in when comparing rent, groceries, transport, and dining costs. However, costs vary significantly by neighborhood and lifestyle.

What is rent like in London vs Milan?

In London, 1-bedroom rents range from £1,100 to £3,600 per month across 18 neighborhoods. In Milan, 1-bedroom rents range from €1,040 to €2,300 per month across 12 neighborhoods.

How do transport costs compare in London vs Milan?

A monthly public transport pass costs £202 in London and €39 in Milan. Both cities have well-developed public transit systems.

Which city is better for expats, London or Milan?

London has an English proficiency rating of 5/5 (Excellent) and Milan rates 4/5 (Good). London uses NHS (Public) healthcare, while Milan uses Public (SSN). Both factors are important for expats considering a move.

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Updated Mar 2026

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© 2026 AffordWhere. Estimates only, not financial advice.

2026 tax rules • Mar 2026 rent data