City Comparison

Stockholm vs Mumbai

Cost of Living Comparison 2026

Mumbai is ~51% cheaper overall

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

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Mumbai

India

COL+Rent

25

Rent Index

16.2

Groceries

30.9

Restaurant

25

Monthly Cost Comparison

CategoryStockholmMumbaiDiff
Rent (1BR City)$1,449$462+$987
Rent (1BR Outside)$1,139$272+$867
Groceries$339$125+$214
Restaurant Meal$17$7+$10
Transit Pass$93$14+$79
Utilities$103$39+$64

Monthly Budget Comparison

LifestyleStockholmMumbai
Minimal$1,640/mo$441/mo
Typical$2,239/mo$745/mo
Comfortable$2,779/mo$944/mo

Purchasing Power Equivalence

Budget in Stockholm≈ in MumbaiDifference
$1,500/mo$735/mo-$765
$2,000/mo$980/mo-$1,020
$3,000/mo$1,471/mo-$1,529

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Stockholm vs Mumbai for Expats & Remote Workers

Our data shows Mumbai is approximately 51% more affordable than Stockholm when combining rent and daily living costs. Stockholm's COL+Rent Index of 51 vs Mumbai's 25 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.

Housing is the biggest differentiator: a city-center one-bedroom in Stockholm costs $1,449/month versus $462/month in Mumbaigiving Mumbai a $987/month advantage on housing alone. Over a full year, this rent difference alone amounts to $11,844 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Stockholm ($339/mo) vs Mumbai ($125/mo) reflect Mumbai's lower food prices, while restaurant meals at $17 vs $7 show Mumbai offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Mumbai offers meaningfully better value — your typical monthly budget of $745 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Stockholm or Mumbai cheaper to live in?
Mumbai is approximately 51% cheaper overall. Stockholm's COL+Rent Index is 51 vs Mumbai's 25 (NYC = 100).
How much is rent in Stockholm vs Mumbai?
A 1BR in Stockholm city center costs ~$1,449/mo vs $462/mo in Mumbai. Outside the center: $1,139 vs $272.
What is $2,000/month in Stockholm worth in Mumbai?
Using cost-of-living adjustment, $2,000/month in Stockholm has the purchasing power of approximately $980/month in Mumbai.
Are groceries cheaper in Stockholm or Mumbai?
Monthly groceries cost approximately $339 in Stockholm vs $125 in Mumbai. Groceries Index: 59.6 vs 30.9 (NYC = 100).