City Budget Comparison

Can You Live on $5,000/month?

Medellín vs Gothenburg — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

Medellín

Comfortable

COL+Rent: 19.1 (NYC=100)

$5,000/mo comfortably covers expenses in Medellín.

Gothenburg

Comfortable

COL+Rent: 37 (NYC=100)

$5,000/mo comfortably covers expenses in Gothenburg.

Budget Breakdown

CategoryMedellínGothenburgDiff
Rent (avg 1BR)$2,056$2,545$489
Groceries$1,483$943+$540
Dining Out$629$584+$45
Transportation$202$261$59
Utilities$322$285+$37
Other / Misc$308$382$74
Total$5,000$5,000

Purchasing Power

Medellín

$5,000

per month

Gothenburg equivalent

$9,686

per month

You'd need $9,686/mo in Gothenburg to match $5,000/mo in Medellín.

Other Budget Levels

FAQ

Can I live in Medellín on $5,000/month?
Living in Medellín on $5,000/mo is rated "Comfortable". Budget allocates ~$2,056 to rent, $1,483 to groceries, $629 to dining.
Can I live in Gothenburg on $5,000/month?
In Gothenburg, $5,000/mo is rated "Comfortable". Allocations: $2,545 rent, $943 groceries, $584 dining.
Is Medellín or Gothenburg cheaper?
Medellín is generally cheaper. COL+Rent: Medellín 19.1 vs Gothenburg 37 (NYC=100).
What is $5,000/mo in Medellín worth in Gothenburg?
$5,000/mo of purchasing power in Medellín equals ~$9,686/mo in Gothenburg using COL adjustment.

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