City Budget Comparison

Can You Live on $1,500/month?

Stockholm vs Davao — Budget Breakdown

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

Feasibility

Stockholm

Likely Insufficient

COL+Rent: 51 (NYC=100)

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

Davao

Comfortable

COL+Rent: 14 (NYC=100)

$1,500/mo comfortably covers expenses in Davao.

Budget Breakdown

CategoryStockholmDavaoDiff
Rent (avg 1BR)$872$482+$390
Groceries$228$548$320
Dining Out$137$165$28
Transportation$63$27+$36
Utilities$69$206$137
Other / Misc$131$72+$59
Total$1,500$1,500

Purchasing Power

Stockholm

$1,500

per month

Davao equivalent

$412

per month

Only $412/mo in Davao matches $1,500/mo in Stockholm — better value.

Other Budget Levels

FAQ

Can I live in Stockholm on $1,500/month?
Living in Stockholm on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$872 to rent, $228 to groceries, $137 to dining.
Can I live in Davao on $1,500/month?
In Davao, $1,500/mo is rated "Comfortable". Allocations: $482 rent, $548 groceries, $165 dining.
Is Stockholm or Davao cheaper?
Davao is generally cheaper. COL+Rent: Stockholm 51 vs Davao 14 (NYC=100).
What is $1,500/mo in Stockholm worth in Davao?
$1,500/mo of purchasing power in Stockholm equals ~$412/mo in Davao using COL adjustment.

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