City Budget Comparison

Can You Live on $1,500/month?

Melbourne vs Davao — Budget Breakdown

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

Feasibility

Melbourne

Likely Insufficient

COL+Rent: 61.9 (NYC=100)

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

Davao

Comfortable

COL+Rent: 14 (NYC=100)

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

Budget Breakdown

CategoryMelbourneDavaoDiff
Rent (avg 1BR)$888$482+$406
Groceries$216$548$332
Dining Out$135$165$30
Transportation$51$27+$24
Utilities$77$206$129
Other / Misc$133$72+$61
Total$1,500$1,500

Purchasing Power

Melbourne

$1,500

per month

Davao equivalent

$339

per month

Only $339/mo in Davao matches $1,500/mo in Melbourne — better value.

Other Budget Levels

FAQ

Can I live in Melbourne on $1,500/month?
Living in Melbourne on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$888 to rent, $216 to groceries, $135 to dining.
Can I live in Davao on $1,500/month?
In Davao, $1,500/mo is rated "Comfortable". Allocations: $482 rent, $548 groceries, $165 dining.
Is Melbourne or Davao cheaper?
Davao is generally cheaper. COL+Rent: Melbourne 61.9 vs Davao 14 (NYC=100).
What is $1,500/mo in Melbourne worth in Davao?
$1,500/mo of purchasing power in Melbourne equals ~$339/mo in Davao using COL adjustment.

Explore More