A cutting insert having a first end surface, a second end surface, and a peripheral side surface. The peripheral side surface includes a rake surface, a front flank and a first cutting edge located in an intersecting edge between the rake surface and the front flank. The first end surface includes a central surface and a side flank located closer to the front flank as compared to the central surface. An intersecting edge between the central surface and the peripheral side surface serves as a first edge, and an intersecting edge between the side flank and the peripheral side surface serves as a second edge, and an angle formed by the first cutting edge and the first edge serves as a first angle α, and an angle formed by the first cutting edge and the second edge serves as a second angle β, wherein α is smaller than β.