Cost of Living Guide

City comparison

Cost of living in Milan vs Lisbon

One person needs about €2,149 a month in Milan and €1,874 in Lisbon, rent included — Lisbon is 13% cheaper overall.

🇮🇹
Milan
Italy · 1.4M pop
vs
🇵🇹
Lisbon
Portugal · 545K pop
Monthly rent (1BR)
€1,450€1,300
10% cheaper
Groceries / mo
€330€290
12% cheaper
Eating out (meal)
€16€13
19% cheaper
Internet (100mbps)
€32€35
9% pricier
Avg salary (tech)
€3,200€2,400
25% lower
Coworking / mo
€240€180
25% cheaper
MilanLisbon
Rent€1,450€1,300
Groceries€330€290
Transport€39€40
Utilities€170€105

Salary you'd need to keep the same lifestyle

Enter your current net monthly pay. We scale it by the full cost basket — rent, groceries, transport, utilities, eating out and internet.

To live in Lisbon the way you live in Milan on €3,000, you need

€2,616/ month net

13% less than today (-€384)

Milan today
Basket €2,149 · left over €851 (28%)
Lisbon at the matched salary
Basket €1,874 · left over €742 (28%)

Local pay context: average tech net pay covers the basket 128% over in Lisbon (tight) vs 149% in Milan. Purchasing power index · How we calculate this

🇮🇹 Milan

Italy's business capital: better salaries than Rome, and rents to match.

Monthly budget: €2,149

Sources: Eurostat, Harmonised price indices (2025) · 0 community reports

🇵🇹 Lisbon

Visa-friendly and well connected, but local salaries lag far behind expat-driven rents.

Monthly budget: €1,874

Sources: Statistics Portugal (INE) + Eurostat, HICP & house-rent statistics (2025) · 331 community reports

Should you move to Milan or Lisbon?

On salary, Milan pays more for tech roles (€3,200 versus €2,400 a month), so the money left over after costs is €1,051 in Milan at the top end.

Rent drives most of the gap: €1,450 in Milan against €1,300 in Lisbon. Groceries, transport and utilities move far less between the two.

For remote workers, the nomad index scores Milan at 71 and Lisbon at 83 — see the full nomad index and our data methodology.

More Milan comparisons

More Lisbon comparisons