City Budget Comparison

Can You Live on $5,000/month?

Chicago vs Perth — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

Chicago

Comfortable

COL+Rent: 57.1 (NYC=100)

$5,000/mo comfortably covers expenses in Chicago.

Perth

Comfortable

COL+Rent: 55.7 (NYC=100)

$5,000/mo comfortably covers expenses in Perth.

Budget Breakdown

CategoryChicagoPerthDiff
Rent (avg 1BR)$2,997$2,859+$138
Groceries$703$768$65
Dining Out$444$492$48
Transportation$123$181$58
Utilities$284$272+$12
Other / Misc$449$428+$21
Total$5,000$5,000

Purchasing Power

Chicago

$5,000

per month

Perth equivalent

$4,877

per month

Only $4,877/mo in Perth matches $5,000/mo in Chicago — better value.

Other Budget Levels

FAQ

Can I live in Chicago on $5,000/month?
Living in Chicago on $5,000/mo is rated "Comfortable". Budget allocates ~$2,997 to rent, $703 to groceries, $444 to dining.
Can I live in Perth on $5,000/month?
In Perth, $5,000/mo is rated "Comfortable". Allocations: $2,859 rent, $768 groceries, $492 dining.
Is Chicago or Perth cheaper?
Perth is generally cheaper. COL+Rent: Chicago 57.1 vs Perth 55.7 (NYC=100).
What is $5,000/mo in Chicago worth in Perth?
$5,000/mo of purchasing power in Chicago equals ~$4,877/mo in Perth using COL adjustment.

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