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Cost of Living Analysis

Cost of Living Analysis Milan, Italy

Monthly Expenses Rate for a Married Assignee + 4

General

  1. All expense categories, beside “Car Purchasing”, represent a monthly cost.
  2. The analysis refers to the mean of each category.
  3. The analysis is was verified by our local partner in Italy.
Category
Accommodation (4-Bdr.)Monthly Rent€ 2,800
Utilities (4-Bdr)Energy (Electricity + Gas)€ 261
Cable TV + internet€ 72
Telephone€ 127
Water€ 43
Misc. (Insurance, Tax, Maintenance)€ 52
Total Monthly Utilities Costs€ 555
CarCar purchasing€ 35,200
Car Devaluation€ 472
Car Maintenance€ 92
Car Insurance & Taxes€ 263
Gasoline€ 371
Total Monthly Car Costs€ 1,199
GoodsClothing€ 286
Food at Home€ 763
Tobacco & Alcohol€ 47
Personal Care€ 167
ServicesMedical Care€ 180
Household Operations€ 104
Laundry€ 47
Public Transportation/Taxi€ 152
EntertainmentFood Away from Home€ 298
Social/Country Clubs€ 328
Theatre€ 257
Total Monthly Goods, Services and Entertainment Costs€ 2,628
Education (American School of Milan)Grade 2 to Grade 4€ 1,588
Grade 4 to Grade 6€ 1,677
Grade 6 to Grade 8€ 1,776
Total Monthly Education Costs€ 5,041
Total Monthly Expenditure€ 12,222

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