City Budget Comparison
Can You Live on $1,500/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)
$1,500/mo may not cover basic costs in Stockholm.
Medellín
Comfortable
COL+Rent: 19.1 (NYC=100)
$1,500/mo comfortably covers expenses in Medellín.
Budget Breakdown
| Category | Stockholm | Medellín | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $872 | $617 | +$255 |
| Groceries | $228 | $445 | $217 |
| Dining Out | $137 | $189 | $52 |
| Transportation | $63 | $61 | +$2 |
| Utilities | $69 | $97 | $28 |
| Other / Misc | $131 | $91 | +$40 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Stockholm
$1,500
per month
Medellín equivalent
$562
per month
Only $562/mo in Medellín 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 Medellín on $1,500/month?
In Medellín, $1,500/mo is rated "Comfortable". Allocations: $617 rent, $445 groceries, $189 dining.
Is Stockholm or Medellín cheaper?
Medellín is generally cheaper. COL+Rent: Stockholm 51 vs Medellín 19.1 (NYC=100).
What is $1,500/mo in Stockholm worth in Medellín?
$1,500/mo of purchasing power in Stockholm equals ~$562/mo in Medellín using COL adjustment.