City Budget Comparison

Can You Live on $1,500/month?

Stockholm vs Milan — 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.

Milan

Likely Insufficient

COL+Rent: 57 (NYC=100)

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

Budget Breakdown

CategoryStockholmMilanDiff
Rent (avg 1BR)$872$861+$11
Groceries$228$209+$19
Dining Out$137$142$5
Transportation$63$24+$39
Utilities$69$135$66
Other / Misc$131$129+$2
Total$1,500$1,500

Purchasing Power

Stockholm

$1,500

per month

Milan equivalent

$1,676

per month

You'd need $1,676/mo in Milan to match $1,500/mo in Stockholm.

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 Milan on $1,500/month?
In Milan, $1,500/mo is rated "Likely Insufficient". Allocations: $861 rent, $209 groceries, $142 dining.
Is Stockholm or Milan cheaper?
Stockholm is generally cheaper. COL+Rent: Stockholm 51 vs Milan 57 (NYC=100).
What is $1,500/mo in Stockholm worth in Milan?
$1,500/mo of purchasing power in Stockholm equals ~$1,676/mo in Milan using COL adjustment.

Explore More