City Budget Comparison
Can You Live on $1,500/month?
London vs Medellín — 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.
Medellín
Comfortable
COL+Rent: 19.1 (NYC=100)
$1,500/mo comfortably covers expenses in Medellín.
Budget Breakdown
| Category | London | Medellín | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $906 | $617 | +$289 |
| Groceries | $171 | $445 | $274 |
| Dining Out | $136 | $189 | $53 |
| Transportation | $46 | $61 | $15 |
| Utilities | $105 | $97 | +$8 |
| Other / Misc | $136 | $91 | +$45 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
London
$1,500
per month
Medellín equivalent
$393
per month
Only $393/mo in Medellín 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 Medellín on $1,500/month?
In Medellín, $1,500/mo is rated "Comfortable". Allocations: $617 rent, $445 groceries, $189 dining.
Is London or Medellín cheaper?
Medellín is generally cheaper. COL+Rent: London 72.9 vs Medellín 19.1 (NYC=100).
What is $1,500/mo in London worth in Medellín?
$1,500/mo of purchasing power in London equals ~$393/mo in Medellín using COL adjustment.