City Budget Comparison

Can You Live on $1,500/month?

Milan vs Rome — 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.

Rome

Likely Insufficient

COL+Rent: 48.6 (NYC=100)

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

Budget Breakdown

CategoryMilanRomeDiff
Rent (avg 1BR)$861$832+$29
Groceries$209$226$17
Dining Out$142$148$6
Transportation$24$25$1
Utilities$135$145$10
Other / Misc$129$124+$5
Total$1,500$1,500

Purchasing Power

Milan

$1,500

per month

Rome equivalent

$1,279

per month

Only $1,279/mo in Rome 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 Rome on $1,500/month?
In Rome, $1,500/mo is rated "Likely Insufficient". Allocations: $832 rent, $226 groceries, $148 dining.
Is Milan or Rome cheaper?
Rome is generally cheaper. COL+Rent: Milan 57 vs Rome 48.6 (NYC=100).
What is $1,500/mo in Milan worth in Rome?
$1,500/mo of purchasing power in Milan equals ~$1,279/mo in Rome using COL adjustment.

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