HomePricePeek

Copenhagen vs Milan

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Copenhagen vs Milan

Milan is 7% more affordable for homebuyers. Copenhagen has a price-to-income ratio of 7.8x compared to 9.2x in Milan.

MetricCopenhagenMilan
Avg Home Price$450,000$420,000
Price / sqm$6,800$6,200
Rent (1BR)$1,600/mo$1,200/mo
Rent (3BR)$2,500/mo$2,200/mo
Price-to-Income7.8x9.2x
Mortgage Rate4.5%3.8%
1yr Change+1.8%+2.8%
Median Income$58,000/yr$46,000/yr
Population640,0001,400,000
CopenhagenView full details โ†’MilanView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Copenhagen or Milan more expensive?
Milan is more affordable. Home prices differ by $30,000 (7%).
Which city has cheaper rent, Copenhagen or Milan?
Rent for a 1BR in Copenhagen is $1,600/mo vs $1,200/mo in Milan.

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