City Budget Comparison
Can You Live on $1,500/month?
London vs Mexico City — 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.
Mexico City
Moderate
COL+Rent: 34.8 (NYC=100)
$1,500/mo covers essentials with some leisure in Mexico City.
Budget Breakdown
| Category | London | Mexico City | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $906 | $841 | +$65 |
| Groceries | $171 | $279 | $108 |
| Dining Out | $136 | $159 | $23 |
| Transportation | $46 | $29 | +$17 |
| Utilities | $105 | $65 | +$40 |
| Other / Misc | $136 | $127 | +$9 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
London
$1,500
per month
Mexico City equivalent
$716
per month
Only $716/mo in Mexico City 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 Mexico City on $1,500/month?
In Mexico City, $1,500/mo is rated "Moderate". Allocations: $841 rent, $279 groceries, $159 dining.
Is London or Mexico City cheaper?
Mexico City is generally cheaper. COL+Rent: London 72.9 vs Mexico City 34.8 (NYC=100).
What is $1,500/mo in London worth in Mexico City?
$1,500/mo of purchasing power in London equals ~$716/mo in Mexico City using COL adjustment.