Milan to Bologna trains might be a good value for money solution: travelling in Italy by train is often rather cheap and faster than taking a bus indeed Trains leave from Milano Centrale and arrive at Bologna Centrale every 20 minutes on average. If travelling with Trenitalia, you need to know the Milan to Bologna train schedule: the first train leaves at 05:15, while the last ride is at 22:15. A Milan to Bologna train cost about 9.90 €. But how long is the train ride from Milan to Bologna? Your journey takes about 2 hours on average. Trenitalia offers 37 direct trains between these two cities. Thanks to Trenitalia, offers, you can save on your trip from Milan to Bologna and find low cost tickets starting from 9 €! Booking your train ticket a few weeks in advance though, you can find low cost trains from Milan to Bologna with fares starting from 9.90€, saving 56% on average.