City Budget Comparison
Can You Live on $1,500/month?
Lisbon vs Florence — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
Lisbon
Tight Budget
COL+Rent: 43.8 (NYC=100)
$1,500/mo barely covers basics in Lisbon.
Florence
Tight Budget
COL+Rent: 45.3 (NYC=100)
$1,500/mo barely covers basics in Florence.
Budget Breakdown
| Category | Lisbon | Florence | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $892 | $821 | +$71 |
| Groceries | $208 | $231 | $23 |
| Dining Out | $135 | $151 | $16 |
| Transportation | $34 | $26 | +$8 |
| Utilities | $98 | $148 | $50 |
| Other / Misc | $133 | $123 | +$10 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Lisbon
$1,500
per month
Florence equivalent
$1,551
per month
You'd need $1,551/mo in Florence to match $1,500/mo in Lisbon.
Other Budget Levels
FAQ
Can I live in Lisbon on $1,500/month?
Living in Lisbon on $1,500/mo is rated "Tight Budget". Budget allocates ~$892 to rent, $208 to groceries, $135 to dining.
Can I live in Florence on $1,500/month?
In Florence, $1,500/mo is rated "Tight Budget". Allocations: $821 rent, $231 groceries, $151 dining.
Is Lisbon or Florence cheaper?
Lisbon is generally cheaper. COL+Rent: Lisbon 43.8 vs Florence 45.3 (NYC=100).
What is $1,500/mo in Lisbon worth in Florence?
$1,500/mo of purchasing power in Lisbon equals ~$1,551/mo in Florence using COL adjustment.