City Budget Comparison
Can You Live on $1,000/month?
Stockholm vs Medellín — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
Stockholm
Likely Insufficient
COL+Rent: 51 (NYC=100)
$1,000/mo may not cover basic costs in Stockholm.
Medellín
Comfortable
COL+Rent: 19.1 (NYC=100)
$1,000/mo comfortably covers expenses in Medellín.
Budget Breakdown
| Category | Stockholm | Medellín | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $581 | $411 | +$170 |
| Groceries | $152 | $297 | $145 |
| Dining Out | $92 | $126 | $34 |
| Transportation | $42 | $40 | +$2 |
| Utilities | $46 | $64 | $18 |
| Other / Misc | $87 | $62 | +$25 |
| Total | $1,000 | $1,000 | — |
Purchasing Power
Stockholm
$1,000
per month
Medellín equivalent
$375
per month
Only $375/mo in Medellín matches $1,000/mo in Stockholm — better value.
Other Budget Levels
FAQ
Can I live in Stockholm on $1,000/month?
Living in Stockholm on $1,000/mo is rated "Likely Insufficient". Budget allocates ~$581 to rent, $152 to groceries, $92 to dining.
Can I live in Medellín on $1,000/month?
In Medellín, $1,000/mo is rated "Comfortable". Allocations: $411 rent, $297 groceries, $126 dining.
Is Stockholm or Medellín cheaper?
Medellín is generally cheaper. COL+Rent: Stockholm 51 vs Medellín 19.1 (NYC=100).
What is $1,000/mo in Stockholm worth in Medellín?
$1,000/mo of purchasing power in Stockholm equals ~$375/mo in Medellín using COL adjustment.