City Budget Comparison

Can You Live on $1,500/month?

Florence vs Tokyo — 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.

Tokyo

Tight Budget

COL+Rent: 41.5 (NYC=100)

$1,500/mo barely covers basics in Tokyo.

Budget Breakdown

CategoryFlorenceTokyoDiff
Rent (avg 1BR)$821$725+$96
Groceries$231$316$85
Dining Out$151$107+$44
Transportation$26$63$37
Utilities$148$180$32
Other / Misc$123$109+$14
Total$1,500$1,500

Purchasing Power

Florence

$1,500

per month

Tokyo equivalent

$1,374

per month

Only $1,374/mo in Tokyo 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 Tokyo on $1,500/month?
In Tokyo, $1,500/mo is rated "Tight Budget". Allocations: $725 rent, $316 groceries, $107 dining.
Is Florence or Tokyo cheaper?
Tokyo is generally cheaper. COL+Rent: Florence 45.3 vs Tokyo 41.5 (NYC=100).
What is $1,500/mo in Florence worth in Tokyo?
$1,500/mo of purchasing power in Florence equals ~$1,374/mo in Tokyo using COL adjustment.

Explore More