HomePricePeek

Luxembourg City vs Milan

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Luxembourg City vs Milan

Milan is 51% more affordable for homebuyers. Luxembourg City has a price-to-income ratio of 10.2x compared to 9.2x in Milan.

MetricLuxembourg CityMilan
Avg Home Price$850,000$420,000
Price / sqm$12,000$6,200
Rent (1BR)$2,200/mo$1,200/mo
Rent (3BR)$3,500/mo$2,200/mo
Price-to-Income10.2x9.2x
Mortgage Rate3.5%3.8%
1yr Change-1.5%+2.8%
Median Income$83,000/yr$46,000/yr
Population130,0001,400,000
Luxembourg CityView 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 Luxembourg City or Milan more expensive?
Milan is more affordable. Home prices differ by $430,000 (51%).
Which city has cheaper rent, Luxembourg City or Milan?
Rent for a 1BR in Luxembourg City is $2,200/mo vs $1,200/mo in Milan.

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