City Budget Comparison

Can You Live on $1,500/month?

Medellín vs Milan — Budget Breakdown

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

Feasibility

Medellín

Comfortable

COL+Rent: 19.1 (NYC=100)

$1,500/mo comfortably covers expenses in Medellín.

Milan

Likely Insufficient

COL+Rent: 57 (NYC=100)

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

Budget Breakdown

CategoryMedellínMilanDiff
Rent (avg 1BR)$617$861$244
Groceries$445$209+$236
Dining Out$189$142+$47
Transportation$61$24+$37
Utilities$97$135$38
Other / Misc$91$129$38
Total$1,500$1,500

Purchasing Power

Medellín

$1,500

per month

Milan equivalent

$4,476

per month

You'd need $4,476/mo in Milan to match $1,500/mo in Medellín.

Other Budget Levels

FAQ

Can I live in Medellín on $1,500/month?
Living in Medellín on $1,500/mo is rated "Comfortable". Budget allocates ~$617 to rent, $445 to groceries, $189 to dining.
Can I live in Milan on $1,500/month?
In Milan, $1,500/mo is rated "Likely Insufficient". Allocations: $861 rent, $209 groceries, $142 dining.
Is Medellín or Milan cheaper?
Medellín is generally cheaper. COL+Rent: Medellín 19.1 vs Milan 57 (NYC=100).
What is $1,500/mo in Medellín worth in Milan?
$1,500/mo of purchasing power in Medellín equals ~$4,476/mo in Milan using COL adjustment.

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