City Budget Comparison

Can You Live on $1,500/month?

Lisbon vs Thessaloniki — 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.

Thessaloniki

Comfortable

COL+Rent: 27.6 (NYC=100)

$1,500/mo comfortably covers expenses in Thessaloniki.

Budget Breakdown

CategoryLisbonThessalonikiDiff
Rent (avg 1BR)$892$475+$417
Groceries$208$403$195
Dining Out$135$306$171
Transportation$34$39$5
Utilities$98$206$108
Other / Misc$133$71+$62
Total$1,500$1,500

Purchasing Power

Lisbon

$1,500

per month

Thessaloniki equivalent

$945

per month

Only $945/mo in Thessaloniki matches $1,500/mo in Lisbon — better value.

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 Thessaloniki on $1,500/month?
In Thessaloniki, $1,500/mo is rated "Comfortable". Allocations: $475 rent, $403 groceries, $306 dining.
Is Lisbon or Thessaloniki cheaper?
Thessaloniki is generally cheaper. COL+Rent: Lisbon 43.8 vs Thessaloniki 27.6 (NYC=100).
What is $1,500/mo in Lisbon worth in Thessaloniki?
$1,500/mo of purchasing power in Lisbon equals ~$945/mo in Thessaloniki using COL adjustment.

Explore More