City Budget Comparison

Can You Live on $1,500/month?

London vs Rome — 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.

Rome

Likely Insufficient

COL+Rent: 48.6 (NYC=100)

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

Budget Breakdown

CategoryLondonRomeDiff
Rent (avg 1BR)$906$832+$74
Groceries$171$226$55
Dining Out$136$148$12
Transportation$46$25+$21
Utilities$105$145$40
Other / Misc$136$124+$12
Total$1,500$1,500

Purchasing Power

London

$1,500

per month

Rome equivalent

$1,000

per month

Only $1,000/mo in Rome 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 Rome on $1,500/month?
In Rome, $1,500/mo is rated "Likely Insufficient". Allocations: $832 rent, $226 groceries, $148 dining.
Is London or Rome cheaper?
Rome is generally cheaper. COL+Rent: London 72.9 vs Rome 48.6 (NYC=100).
What is $1,500/mo in London worth in Rome?
$1,500/mo of purchasing power in London equals ~$1,000/mo in Rome using COL adjustment.

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