City Budget Comparison

Can You Live on $3,000/month?

Stockholm vs Davao — Budget Breakdown

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

Feasibility

Stockholm

Comfortable

COL+Rent: 51 (NYC=100)

$3,000/mo comfortably covers expenses in Stockholm.

Davao

Comfortable

COL+Rent: 14 (NYC=100)

$3,000/mo comfortably covers expenses in Davao.

Budget Breakdown

CategoryStockholmDavaoDiff
Rent (avg 1BR)$1,743$963+$780
Groceries$457$1,097$640
Dining Out$275$329$54
Transportation$125$55+$70
Utilities$139$411$272
Other / Misc$261$145+$116
Total$3,000$3,000

Purchasing Power

Stockholm

$3,000

per month

Davao equivalent

$824

per month

Only $824/mo in Davao matches $3,000/mo in Stockholm — better value.

Other Budget Levels

FAQ

Can I live in Stockholm on $3,000/month?
Living in Stockholm on $3,000/mo is rated "Comfortable". Budget allocates ~$1,743 to rent, $457 to groceries, $275 to dining.
Can I live in Davao on $3,000/month?
In Davao, $3,000/mo is rated "Comfortable". Allocations: $963 rent, $1,097 groceries, $329 dining.
Is Stockholm or Davao cheaper?
Davao is generally cheaper. COL+Rent: Stockholm 51 vs Davao 14 (NYC=100).
What is $3,000/mo in Stockholm worth in Davao?
$3,000/mo of purchasing power in Stockholm equals ~$824/mo in Davao using COL adjustment.

Explore More