City Budget Comparison

Can You Live on $1,500/month?

Milan vs Tokyo — 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.

Tokyo

Tight Budget

COL+Rent: 41.5 (NYC=100)

$1,500/mo barely covers basics in Tokyo.

Budget Breakdown

CategoryMilanTokyoDiff
Rent (avg 1BR)$861$725+$136
Groceries$209$316$107
Dining Out$142$107+$35
Transportation$24$63$39
Utilities$135$180$45
Other / Misc$129$109+$20
Total$1,500$1,500

Purchasing Power

Milan

$1,500

per month

Tokyo equivalent

$1,092

per month

Only $1,092/mo in Tokyo 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 Tokyo on $1,500/month?
In Tokyo, $1,500/mo is rated "Tight Budget". Allocations: $725 rent, $316 groceries, $107 dining.
Is Milan or Tokyo cheaper?
Tokyo is generally cheaper. COL+Rent: Milan 57 vs Tokyo 41.5 (NYC=100).
What is $1,500/mo in Milan worth in Tokyo?
$1,500/mo of purchasing power in Milan equals ~$1,092/mo in Tokyo using COL adjustment.

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