City Budget Comparison

Can You Live on $1,500/month?

Gothenburg vs Chicago — Budget Breakdown

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

Feasibility

Gothenburg

Moderate

COL+Rent: 37 (NYC=100)

$1,500/mo covers essentials with some leisure in Gothenburg.

Chicago

Likely Insufficient

COL+Rent: 57.1 (NYC=100)

$1,500/mo may not cover basic costs in Chicago.

Budget Breakdown

CategoryGothenburgChicagoDiff
Rent (avg 1BR)$763$899$136
Groceries$283$211+$72
Dining Out$175$133+$42
Transportation$78$37+$41
Utilities$86$85+$1
Other / Misc$115$135$20
Total$1,500$1,500

Purchasing Power

Gothenburg

$1,500

per month

Chicago equivalent

$2,315

per month

You'd need $2,315/mo in Chicago to match $1,500/mo in Gothenburg.

Other Budget Levels

FAQ

Can I live in Gothenburg on $1,500/month?
Living in Gothenburg on $1,500/mo is rated "Moderate". Budget allocates ~$763 to rent, $283 to groceries, $175 to dining.
Can I live in Chicago on $1,500/month?
In Chicago, $1,500/mo is rated "Likely Insufficient". Allocations: $899 rent, $211 groceries, $133 dining.
Is Gothenburg or Chicago cheaper?
Gothenburg is generally cheaper. COL+Rent: Gothenburg 37 vs Chicago 57.1 (NYC=100).
What is $1,500/mo in Gothenburg worth in Chicago?
$1,500/mo of purchasing power in Gothenburg equals ~$2,315/mo in Chicago using COL adjustment.

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