City Budget Comparison

Can You Live on $1,500/month?

Graz vs Milan — Budget Breakdown

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

Feasibility

Graz

Tight Budget

COL+Rent: 39.4 (NYC=100)

$1,500/mo barely covers basics in Graz.

Milan

Likely Insufficient

COL+Rent: 57 (NYC=100)

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

Budget Breakdown

CategoryGrazMilanDiff
Rent (avg 1BR)$680$861$181
Groceries$347$209+$138
Dining Out$169$142+$27
Transportation$44$24+$20
Utilities$159$135+$24
Other / Misc$101$129$28
Total$1,500$1,500

Purchasing Power

Graz

$1,500

per month

Milan equivalent

$2,170

per month

You'd need $2,170/mo in Milan to match $1,500/mo in Graz.

Other Budget Levels

FAQ

Can I live in Graz on $1,500/month?
Living in Graz on $1,500/mo is rated "Tight Budget". Budget allocates ~$680 to rent, $347 to groceries, $169 to dining.
Can I live in Milan on $1,500/month?
In Milan, $1,500/mo is rated "Likely Insufficient". Allocations: $861 rent, $209 groceries, $142 dining.
Is Graz or Milan cheaper?
Graz is generally cheaper. COL+Rent: Graz 39.4 vs Milan 57 (NYC=100).
What is $1,500/mo in Graz worth in Milan?
$1,500/mo of purchasing power in Graz equals ~$2,170/mo in Milan using COL adjustment.

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