City Budget Comparison
Can You Live on $1,500/month?
Milan vs Graz — 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.
Graz
Tight Budget
COL+Rent: 39.4 (NYC=100)
$1,500/mo barely covers basics in Graz.
Budget Breakdown
| Category | Milan | Graz | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $861 | $680 | +$181 |
| Groceries | $209 | $347 | $138 |
| Dining Out | $142 | $169 | $27 |
| Transportation | $24 | $44 | $20 |
| Utilities | $135 | $159 | $24 |
| Other / Misc | $129 | $101 | +$28 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Milan
$1,500
per month
Graz equivalent
$1,037
per month
Only $1,037/mo in Graz 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 Graz on $1,500/month?
In Graz, $1,500/mo is rated "Tight Budget". Allocations: $680 rent, $347 groceries, $169 dining.
Is Milan or Graz cheaper?
Graz is generally cheaper. COL+Rent: Milan 57 vs Graz 39.4 (NYC=100).
What is $1,500/mo in Milan worth in Graz?
$1,500/mo of purchasing power in Milan equals ~$1,037/mo in Graz using COL adjustment.