City Budget Comparison

Can You Live on $1,500/month?

Rome vs Milan — 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.

Milan

Likely Insufficient

COL+Rent: 57 (NYC=100)

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

Budget Breakdown

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

Purchasing Power

Rome

$1,500

per month

Milan equivalent

$1,759

per month

You'd need $1,759/mo in Milan 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 Milan on $1,500/month?
In Milan, $1,500/mo is rated "Likely Insufficient". Allocations: $861 rent, $209 groceries, $142 dining.
Is Rome or Milan cheaper?
Rome is generally cheaper. COL+Rent: Rome 48.6 vs Milan 57 (NYC=100).
What is $1,500/mo in Rome worth in Milan?
$1,500/mo of purchasing power in Rome equals ~$1,759/mo in Milan using COL adjustment.

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