Salary vs rent · Milan
€30,000 salary in Milan: how much rent can you afford?
On €30,000/year your monthly take-home budget (gross) is €2,500/month. The median rent in Milan is €1,500, which would take 60.0% of your income — Risky.
Your monthly rent budget
Rent landscape in Milan
€900
36.0% of your salary
Budget rent
€1,500
60.0% of your salary
Typical rent
€2,600
104.0% of your salary
High-end rent
Renters in Milan typically spend 24–44% of income on rent. At €30,000/year, you have limited room to cover the median rent comfortably.
Data confidence: low · ISTAT housing survey + Numbeo crowdsourced data (2024) · 2024
Frequently asked questions
How much rent can I afford on €30,000/year in Milan?
On €30,000/year (€2,500/month), a comfortable rent budget at 30% of gross income is €750/month. At the stricter 25% threshold, you should aim for no more than €625/month. Median rent in Milan is €1,500/month.
Is €30,000/year a good salary in Milan?
€30,000/year compares to a Milan median household income of around €47,368/year. At this salary, median Milan rent (€1,500/month) would take 60% of gross income — well above the 30% guideline.
What percentage of salary should go to rent in Milan?
Financial advisors typically recommend spending no more than 30% of gross income on rent. In Milan, where the typical renter spends 33% of income on rent, many residents find the 30% target difficult to achieve. On €30,000/year, keeping rent at 30% means a maximum of €750/month.
Other salaries in Milan