City Budget Comparison

Can You Live on $1,500/month?

Milan vs Gothenburg — Budget Breakdown

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

Feasibility

Milan

Likely Insufficient

COL+Rent: 57 (NYC=100)

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

Gothenburg

Moderate

COL+Rent: 37 (NYC=100)

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

Budget Breakdown

CategoryMilanGothenburgDiff
Rent (avg 1BR)$861$763+$98
Groceries$209$283$74
Dining Out$142$175$33
Transportation$24$78$54
Utilities$135$86+$49
Other / Misc$129$115+$14
Total$1,500$1,500

Purchasing Power

Milan

$1,500

per month

Gothenburg equivalent

$974

per month

Only $974/mo in Gothenburg matches $1,500/mo in Milan — better value.

Other Budget Levels

FAQ

Can I live in Milan on $1,500/month?
Living in Milan on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$861 to rent, $209 to groceries, $142 to dining.
Can I live in Gothenburg on $1,500/month?
In Gothenburg, $1,500/mo is rated "Moderate". Allocations: $763 rent, $283 groceries, $175 dining.
Is Milan or Gothenburg cheaper?
Gothenburg is generally cheaper. COL+Rent: Milan 57 vs Gothenburg 37 (NYC=100).
What is $1,500/mo in Milan worth in Gothenburg?
$1,500/mo of purchasing power in Milan equals ~$974/mo in Gothenburg using COL adjustment.

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