City Budget Comparison
Can You Live on $5,000/month?
Gothenburg vs Heraklion — 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.
Heraklion
Comfortable
COL+Rent: 26.4 (NYC=100)
$5,000/mo comfortably covers expenses in Heraklion.
Budget Breakdown
| Category | Gothenburg | Heraklion | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $2,545 | $1,537 | +$1,008 |
| Groceries | $943 | $1,374 | $431 |
| Dining Out | $584 | $1,023 | $439 |
| Transportation | $261 | $133 | +$128 |
| Utilities | $285 | $703 | $418 |
| Other / Misc | $382 | $230 | +$152 |
| Total | $5,000 | $5,000 | — |
Purchasing Power
Gothenburg
$5,000
per month
Heraklion equivalent
$3,568
per month
Only $3,568/mo in Heraklion matches $5,000/mo in Gothenburg — better value.
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 Heraklion on $5,000/month?
In Heraklion, $5,000/mo is rated "Comfortable". Allocations: $1,537 rent, $1,374 groceries, $1,023 dining.
Is Gothenburg or Heraklion cheaper?
Heraklion is generally cheaper. COL+Rent: Gothenburg 37 vs Heraklion 26.4 (NYC=100).
What is $5,000/mo in Gothenburg worth in Heraklion?
$5,000/mo of purchasing power in Gothenburg equals ~$3,568/mo in Heraklion using COL adjustment.