City Budget Comparison
Can You Live on $1,500/month?
London vs Graz — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
London
Likely Insufficient
COL+Rent: 72.9 (NYC=100)
$1,500/mo may not cover basic costs in London.
Graz
Tight Budget
COL+Rent: 39.4 (NYC=100)
$1,500/mo barely covers basics in Graz.
Budget Breakdown
| Category | London | Graz | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $906 | $680 | +$226 |
| Groceries | $171 | $347 | $176 |
| Dining Out | $136 | $169 | $33 |
| Transportation | $46 | $44 | +$2 |
| Utilities | $105 | $159 | $54 |
| Other / Misc | $136 | $101 | +$35 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
London
$1,500
per month
Graz equivalent
$811
per month
Only $811/mo in Graz matches $1,500/mo in London — better value.
Other Budget Levels
FAQ
Can I live in London on $1,500/month?
Living in London on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$906 to rent, $171 to groceries, $136 to dining.
Can I live in Graz on $1,500/month?
In Graz, $1,500/mo is rated "Tight Budget". Allocations: $680 rent, $347 groceries, $169 dining.
Is London or Graz cheaper?
Graz is generally cheaper. COL+Rent: London 72.9 vs Graz 39.4 (NYC=100).
What is $1,500/mo in London worth in Graz?
$1,500/mo of purchasing power in London equals ~$811/mo in Graz using COL adjustment.