City Budget Comparison
Can You Live on $1,500/month?
Milan vs London — 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.
London
Likely Insufficient
COL+Rent: 72.9 (NYC=100)
$1,500/mo may not cover basic costs in London.
Budget Breakdown
| Category | Milan | London | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $861 | $906 | $45 |
| Groceries | $209 | $171 | +$38 |
| Dining Out | $142 | $136 | +$6 |
| Transportation | $24 | $46 | $22 |
| Utilities | $135 | $105 | +$30 |
| Other / Misc | $129 | $136 | $7 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Milan
$1,500
per month
London equivalent
$1,918
per month
You'd need $1,918/mo in London to match $1,500/mo in Milan.
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 London on $1,500/month?
In London, $1,500/mo is rated "Likely Insufficient". Allocations: $906 rent, $171 groceries, $136 dining.
Is Milan or London cheaper?
Milan is generally cheaper. COL+Rent: Milan 57 vs London 72.9 (NYC=100).
What is $1,500/mo in Milan worth in London?
$1,500/mo of purchasing power in Milan equals ~$1,918/mo in London using COL adjustment.