City Budget Comparison

Can You Live on $5,000/month?

Chicago vs Stockholm — 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.

Stockholm

Comfortable

COL+Rent: 51 (NYC=100)

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

Budget Breakdown

CategoryChicagoStockholmDiff
Rent (avg 1BR)$2,997$2,905+$92
Groceries$703$761$58
Dining Out$444$458$14
Transportation$123$209$86
Utilities$284$231+$53
Other / Misc$449$436+$13
Total$5,000$5,000

Purchasing Power

Chicago

$5,000

per month

Stockholm equivalent

$4,466

per month

Only $4,466/mo in Stockholm 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 Stockholm on $5,000/month?
In Stockholm, $5,000/mo is rated "Comfortable". Allocations: $2,905 rent, $761 groceries, $458 dining.
Is Chicago or Stockholm cheaper?
Stockholm is generally cheaper. COL+Rent: Chicago 57.1 vs Stockholm 51 (NYC=100).
What is $5,000/mo in Chicago worth in Stockholm?
$5,000/mo of purchasing power in Chicago equals ~$4,466/mo in Stockholm using COL adjustment.

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