City Budget Comparison

Can You Live on $1,500/month?

Milan vs Stockholm — 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.

Stockholm

Likely Insufficient

COL+Rent: 51 (NYC=100)

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

Budget Breakdown

CategoryMilanStockholmDiff
Rent (avg 1BR)$861$872$11
Groceries$209$228$19
Dining Out$142$137+$5
Transportation$24$63$39
Utilities$135$69+$66
Other / Misc$129$131$2
Total$1,500$1,500

Purchasing Power

Milan

$1,500

per month

Stockholm equivalent

$1,342

per month

Only $1,342/mo in Stockholm 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 Stockholm on $1,500/month?
In Stockholm, $1,500/mo is rated "Likely Insufficient". Allocations: $872 rent, $228 groceries, $137 dining.
Is Milan or Stockholm cheaper?
Stockholm is generally cheaper. COL+Rent: Milan 57 vs Stockholm 51 (NYC=100).
What is $1,500/mo in Milan worth in Stockholm?
$1,500/mo of purchasing power in Milan equals ~$1,342/mo in Stockholm using COL adjustment.

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