City Budget Comparison

Can You Live on $1,500/month?

New York vs Graz — Budget Breakdown

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026

Feasibility

New York

Likely Insufficient

COL+Rent: 82.5 (NYC=100)

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

Graz

Tight Budget

COL+Rent: 39.4 (NYC=100)

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

Budget Breakdown

CategoryNew YorkGrazDiff
Rent (avg 1BR)$942$680+$262
Groceries$188$347$159
Dining Out$120$169$49
Transportation$33$44$11
Utilities$76$159$83
Other / Misc$141$101+$40
Total$1,500$1,500

Purchasing Power

New York

$1,500

per month

Graz equivalent

$716

per month

Only $716/mo in Graz matches $1,500/mo in New York — better value.

Other Budget Levels

FAQ

Can I live in New York on $1,500/month?
Living in New York on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$942 to rent, $188 to groceries, $120 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 New York or Graz cheaper?
Graz is generally cheaper. COL+Rent: New York 82.5 vs Graz 39.4 (NYC=100).
What is $1,500/mo in New York worth in Graz?
$1,500/mo of purchasing power in New York equals ~$716/mo in Graz using COL adjustment.

Explore More