City Budget Comparison

Can You Live on $1,500/month?

London vs Oslo — 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.

Oslo

Likely Insufficient

COL+Rent: 67.4 (NYC=100)

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

Budget Breakdown

CategoryLondonOsloDiff
Rent (avg 1BR)$906$805+$101
Groceries$171$282$111
Dining Out$136$157$21
Transportation$46$43+$3
Utilities$105$91+$14
Other / Misc$136$122+$14
Total$1,500$1,500

Purchasing Power

London

$1,500

per month

Oslo equivalent

$1,387

per month

Only $1,387/mo in Oslo 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 Oslo on $1,500/month?
In Oslo, $1,500/mo is rated "Likely Insufficient". Allocations: $805 rent, $282 groceries, $157 dining.
Is London or Oslo cheaper?
Oslo is generally cheaper. COL+Rent: London 72.9 vs Oslo 67.4 (NYC=100).
What is $1,500/mo in London worth in Oslo?
$1,500/mo of purchasing power in London equals ~$1,387/mo in Oslo using COL adjustment.

Explore More