Milan is widely considered Italy's most expensive city and is often priced similarly to other major European hubs like Paris or London. As the country's financial and fashion capital, costs for accommodation and dining in the city center can be quite high. A mid-range traveler should expect to spend between €150 and €200 per day. Hotels in popular districts like Brera or near the Duomo often command premium rates, and many restaurants include a "coperto" (cover charge) of €2–€4 per person. However, it is possible to manage a budget by leveraging "aperitivo" culture—where buying a drink for €10–€15 grants access to a buffet that can serve as dinner—and using the efficient metro system rather than taxis. While it is more expensive than Southern Italian destinations like Naples or Palermo, the high quality of infrastructure and the availability of free sights, like the Sforza Castle courtyards, provide good value for the cost.