City Budget Comparison
Can You Live on $1,500/month?
Gothenburg vs Heraklion — 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.
Heraklion
Comfortable
COL+Rent: 26.4 (NYC=100)
$1,500/mo comfortably covers expenses in Heraklion.
Budget Breakdown
| Category | Gothenburg | Heraklion | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $763 | $461 | +$302 |
| Groceries | $283 | $412 | $129 |
| Dining Out | $175 | $307 | $132 |
| Transportation | $78 | $40 | +$38 |
| Utilities | $86 | $211 | $125 |
| Other / Misc | $115 | $69 | +$46 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Gothenburg
$1,500
per month
Heraklion equivalent
$1,070
per month
Only $1,070/mo in Heraklion matches $1,500/mo in Gothenburg — better value.
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 Heraklion on $1,500/month?
In Heraklion, $1,500/mo is rated "Comfortable". Allocations: $461 rent, $412 groceries, $307 dining.
Is Gothenburg or Heraklion cheaper?
Heraklion is generally cheaper. COL+Rent: Gothenburg 37 vs Heraklion 26.4 (NYC=100).
What is $1,500/mo in Gothenburg worth in Heraklion?
$1,500/mo of purchasing power in Gothenburg equals ~$1,070/mo in Heraklion using COL adjustment.