City Budget Comparison

Can You Live on $5,000/month?

Gothenburg vs Montreal — 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.

Montreal

Comfortable

COL+Rent: 44.5 (NYC=100)

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

Budget Breakdown

CategoryGothenburgMontrealDiff
Rent (avg 1BR)$2,545$2,855$310
Groceries$943$769+$174
Dining Out$584$474+$110
Transportation$261$174+$87
Utilities$285$300$15
Other / Misc$382$428$46
Total$5,000$5,000

Purchasing Power

Gothenburg

$5,000

per month

Montreal equivalent

$6,014

per month

You'd need $6,014/mo in Montreal 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 Montreal on $5,000/month?
In Montreal, $5,000/mo is rated "Comfortable". Allocations: $2,855 rent, $769 groceries, $474 dining.
Is Gothenburg or Montreal cheaper?
Gothenburg is generally cheaper. COL+Rent: Gothenburg 37 vs Montreal 44.5 (NYC=100).
What is $5,000/mo in Gothenburg worth in Montreal?
$5,000/mo of purchasing power in Gothenburg equals ~$6,014/mo in Montreal using COL adjustment.

Explore More