City Budget Comparison
Can You Live on $1,500/month?
Stockholm vs Izmir — 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.
Izmir
Comfortable
COL+Rent: 20.2 (NYC=100)
$1,500/mo comfortably covers expenses in Izmir.
Budget Breakdown
| Category | Stockholm | Izmir | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $872 | $613 | +$259 |
| Groceries | $228 | $441 | $213 |
| Dining Out | $137 | $206 | $69 |
| Transportation | $63 | $43 | +$20 |
| Utilities | $69 | $105 | $36 |
| Other / Misc | $131 | $92 | +$39 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Stockholm
$1,500
per month
Izmir equivalent
$594
per month
Only $594/mo in Izmir 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 Izmir on $1,500/month?
In Izmir, $1,500/mo is rated "Comfortable". Allocations: $613 rent, $441 groceries, $206 dining.
Is Stockholm or Izmir cheaper?
Izmir is generally cheaper. COL+Rent: Stockholm 51 vs Izmir 20.2 (NYC=100).
What is $1,500/mo in Stockholm worth in Izmir?
$1,500/mo of purchasing power in Stockholm equals ~$594/mo in Izmir using COL adjustment.