City Budget Comparison
Can You Live on $1,500/month?
Florence vs Lisbon — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
Florence
Tight Budget
COL+Rent: 45.3 (NYC=100)
$1,500/mo barely covers basics in Florence.
Lisbon
Tight Budget
COL+Rent: 43.8 (NYC=100)
$1,500/mo barely covers basics in Lisbon.
Budget Breakdown
| Category | Florence | Lisbon | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $821 | $892 | $71 |
| Groceries | $231 | $208 | +$23 |
| Dining Out | $151 | $135 | +$16 |
| Transportation | $26 | $34 | $8 |
| Utilities | $148 | $98 | +$50 |
| Other / Misc | $123 | $133 | $10 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Florence
$1,500
per month
Lisbon equivalent
$1,450
per month
Only $1,450/mo in Lisbon matches $1,500/mo in Florence — better value.
Other Budget Levels
FAQ
Can I live in Florence on $1,500/month?
Living in Florence on $1,500/mo is rated "Tight Budget". Budget allocates ~$821 to rent, $231 to groceries, $151 to dining.
Can I live in Lisbon on $1,500/month?
In Lisbon, $1,500/mo is rated "Tight Budget". Allocations: $892 rent, $208 groceries, $135 dining.
Is Florence or Lisbon cheaper?
Lisbon is generally cheaper. COL+Rent: Florence 45.3 vs Lisbon 43.8 (NYC=100).
What is $1,500/mo in Florence worth in Lisbon?
$1,500/mo of purchasing power in Florence equals ~$1,450/mo in Lisbon using COL adjustment.