City Budget Comparison

Can You Live on $1,500/month?

Mexico City vs London — Budget Breakdown

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

Feasibility

Mexico City

Moderate

COL+Rent: 34.8 (NYC=100)

$1,500/mo covers essentials with some leisure in Mexico City.

London

Likely Insufficient

COL+Rent: 72.9 (NYC=100)

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

Budget Breakdown

CategoryMexico CityLondonDiff
Rent (avg 1BR)$841$906$65
Groceries$279$171+$108
Dining Out$159$136+$23
Transportation$29$46$17
Utilities$65$105$40
Other / Misc$127$136$9
Total$1,500$1,500

Purchasing Power

Mexico City

$1,500

per month

London equivalent

$3,142

per month

You'd need $3,142/mo in London to match $1,500/mo in Mexico City.

Other Budget Levels

FAQ

Can I live in Mexico City on $1,500/month?
Living in Mexico City on $1,500/mo is rated "Moderate". Budget allocates ~$841 to rent, $279 to groceries, $159 to dining.
Can I live in London on $1,500/month?
In London, $1,500/mo is rated "Likely Insufficient". Allocations: $906 rent, $171 groceries, $136 dining.
Is Mexico City or London cheaper?
Mexico City is generally cheaper. COL+Rent: Mexico City 34.8 vs London 72.9 (NYC=100).
What is $1,500/mo in Mexico City worth in London?
$1,500/mo of purchasing power in Mexico City equals ~$3,142/mo in London using COL adjustment.

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