City Budget Comparison

Can You Live on $1,500/month?

Lisbon vs London — 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.

London

Likely Insufficient

COL+Rent: 72.9 (NYC=100)

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

Budget Breakdown

CategoryLisbonLondonDiff
Rent (avg 1BR)$892$906$14
Groceries$208$171+$37
Dining Out$135$136$1
Transportation$34$46$12
Utilities$98$105$7
Other / Misc$133$136$3
Total$1,500$1,500

Purchasing Power

Lisbon

$1,500

per month

London equivalent

$2,497

per month

You'd need $2,497/mo in London 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 London on $1,500/month?
In London, $1,500/mo is rated "Likely Insufficient". Allocations: $906 rent, $171 groceries, $136 dining.
Is Lisbon or London cheaper?
Lisbon is generally cheaper. COL+Rent: Lisbon 43.8 vs London 72.9 (NYC=100).
What is $1,500/mo in Lisbon worth in London?
$1,500/mo of purchasing power in Lisbon equals ~$2,497/mo in London using COL adjustment.

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