City Budget Comparison

Can You Live on $1,500/month?

Incheon vs Gothenburg — Budget Breakdown

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

Feasibility

Incheon

Moderate

COL+Rent: 34.7 (NYC=100)

$1,500/mo covers essentials with some leisure in Incheon.

Gothenburg

Moderate

COL+Rent: 37 (NYC=100)

$1,500/mo covers essentials with some leisure in Gothenburg.

Budget Breakdown

CategoryIncheonGothenburgDiff
Rent (avg 1BR)$558$763$205
Groceries$536$283+$253
Dining Out$131$175$44
Transportation$50$78$28
Utilities$142$86+$56
Other / Misc$83$115$32
Total$1,500$1,500

Purchasing Power

Incheon

$1,500

per month

Gothenburg equivalent

$1,599

per month

You'd need $1,599/mo in Gothenburg to match $1,500/mo in Incheon.

Other Budget Levels

FAQ

Can I live in Incheon on $1,500/month?
Living in Incheon on $1,500/mo is rated "Moderate". Budget allocates ~$558 to rent, $536 to groceries, $131 to dining.
Can I live in Gothenburg on $1,500/month?
In Gothenburg, $1,500/mo is rated "Moderate". Allocations: $763 rent, $283 groceries, $175 dining.
Is Incheon or Gothenburg cheaper?
Incheon is generally cheaper. COL+Rent: Incheon 34.7 vs Gothenburg 37 (NYC=100).
What is $1,500/mo in Incheon worth in Gothenburg?
$1,500/mo of purchasing power in Incheon equals ~$1,599/mo in Gothenburg using COL adjustment.

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