Italy
How much home does a salary buy in Milan?
In Milan, the average net yearly salary buys 6.9 m² of apartment. A 60 m² flat costs 8.7 full years of salary, rank 24 of 53 in Europe.
Price per m²€4,675Statistiche regionali 2025 - Il mercato immobiliare residenziale LOMBARDIA, Agenzia delle Entrate - Osservatorio del Mercato Immobiliare (OMI) · mean, official valuation quotes, 2024
Average net wage€2,688wage_gross + OECD Taxing Wages DF_TW_COMP (GEBT, NIAT, S_C0) · mean, district, 2024
Years of pay for 60 m²8.7
m² per year of pay6.9 m²
C Data quality: Weaker basis, use with care · Price and wage: 2024 This is the latest year for which an official price and wage from the same year both exist. · Rank in Europe: 24 of 53
Prices and wages in Milan, 2021–2026
Price and wage are from the same year. Empty cells mean the official figure is not published (yet).
| Year | Price €/m² | Net wage €/month | Years of pay for 60 m² |
|---|---|---|---|
| 2021. | €3,280 | €2,450 | 6.7 |
| 2022. | €3,648 | €2,567 | 7.1 |
| 2023. | €4,031 | €2,628 | 7.7 |
| 2024. | €4,675 | €2,688 | 8.7 |
| 2025. | €4,941 | – | – |
| 2026. | – | – | – |
Years of salary for 60 m² in Milan, by job
Job wages are estimates: the local average net wage × the job's pay ratio in that country (Eurostat Structure of Earnings Survey 2022, broad occupation groups). Nurse = health associate professionals.
| City average | €2,688 | 8.7 salaries |
| Nurse | €2,556 | 9.1 salaries |
| Teacher | €2,602 | 9.0 salaries |
| IT specialist | €3,548 | 6.6 salaries |
| Shop worker | €2,129 | 11.0 salaries |
| Builder | €2,320 | 10.1 salaries |
Other cities
| Helsinki Finland | 21 of 53 | 8.5 salaries |
| Krakow Poland | 22 of 53 | 8.5 salaries |
| Vilnius Lithuania | 23 of 53 | 8.6 salaries |
| Zagreb Croatia | 25 of 53 | 8.8 salaries |
| Warsaw Poland | 26 of 53 | 8.9 salaries |
| Porto Portugal | 27 of 53 | 9.1 salaries |