Sovereign

Is 45.000 € a Good Salary in Milan?

An honest, data-driven analysis of purchasing power, lifestyle affordability, and tax impact for 2024.

The Verdict

Within Typical Range

We estimate median professional income in Milan at roughly 52.000 €. At 45.000 €, you sit within this standard range, allowing for a balanced lifestyle.

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Estimated Monthly Allocation

Monthly Net Income
2358 €
Housing & Utilities
1061 €

Target 30-35% of net. Covers rent/mortgage in outer districts.

Groceries & Transport
825 €

Core living expenses adjusted for Milan CPI.

Lifestyle & Leisure
354 €

Dining out, entertainment, and personal care.

Savings & Investment
118 €

Remaining allocation for long-term wealth.

Other salary checks in Milan

Jump to adjacent income bands to stress test lifestyle outcomes.

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Compare 45.000 € across peer hubs

Same salary, different macro-region hubs to benchmark opportunity cost.

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Salary FAQs

What does 45.000 € translate to after tax in Milan?
Our deterministic engine estimates roughly 28.300 € per year (~2358 € monthly) after Italy income taxes and mandatory social contributions for a single filer.
Can 45.000 € comfortably cover housing in Milan?
Allocating about 1061 € (45% of monthly net income) keeps housing and utilities within the recommended 30–35% band even in prime districts.
How much could I save earning 45.000 € in Milan?
Following the Sovereign allocation, you could direct roughly 118 € per month (5% of take-home pay) toward investments, reserves, or debt payoff.