City Budget Comparison

Can You Live on $1,500/month?

Rome vs Chicago — Budget Breakdown

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

Feasibility

Rome

Likely Insufficient

COL+Rent: 48.6 (NYC=100)

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

Chicago

Likely Insufficient

COL+Rent: 57.1 (NYC=100)

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

Budget Breakdown

CategoryRomeChicagoDiff
Rent (avg 1BR)$832$899$67
Groceries$226$211+$15
Dining Out$148$133+$15
Transportation$25$37$12
Utilities$145$85+$60
Other / Misc$124$135$11
Total$1,500$1,500

Purchasing Power

Rome

$1,500

per month

Chicago equivalent

$1,762

per month

You'd need $1,762/mo in Chicago to match $1,500/mo in Rome.

Other Budget Levels

FAQ

Can I live in Rome on $1,500/month?
Living in Rome on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$832 to rent, $226 to groceries, $148 to dining.
Can I live in Chicago on $1,500/month?
In Chicago, $1,500/mo is rated "Likely Insufficient". Allocations: $899 rent, $211 groceries, $133 dining.
Is Rome or Chicago cheaper?
Rome is generally cheaper. COL+Rent: Rome 48.6 vs Chicago 57.1 (NYC=100).
What is $1,500/mo in Rome worth in Chicago?
$1,500/mo of purchasing power in Rome equals ~$1,762/mo in Chicago using COL adjustment.

Explore More