City Budget Comparison

Can You Live on $5,000/month?

Gothenburg vs Chicago — Budget Breakdown

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

Feasibility

Gothenburg

Comfortable

COL+Rent: 37 (NYC=100)

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

Chicago

Comfortable

COL+Rent: 57.1 (NYC=100)

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

Budget Breakdown

CategoryGothenburgChicagoDiff
Rent (avg 1BR)$2,545$2,997$452
Groceries$943$703+$240
Dining Out$584$444+$140
Transportation$261$123+$138
Utilities$285$284+$1
Other / Misc$382$449$67
Total$5,000$5,000

Purchasing Power

Gothenburg

$5,000

per month

Chicago equivalent

$7,716

per month

You'd need $7,716/mo in Chicago to match $5,000/mo in Gothenburg.

Other Budget Levels

FAQ

Can I live in Gothenburg on $5,000/month?
Living in Gothenburg on $5,000/mo is rated "Comfortable". Budget allocates ~$2,545 to rent, $943 to groceries, $584 to dining.
Can I live in Chicago on $5,000/month?
In Chicago, $5,000/mo is rated "Comfortable". Allocations: $2,997 rent, $703 groceries, $444 dining.
Is Gothenburg or Chicago cheaper?
Gothenburg is generally cheaper. COL+Rent: Gothenburg 37 vs Chicago 57.1 (NYC=100).
What is $5,000/mo in Gothenburg worth in Chicago?
$5,000/mo of purchasing power in Gothenburg equals ~$7,716/mo in Chicago using COL adjustment.

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