City Budget Comparison
Can You Live on $1,500/month?
Wellington vs Malmö — Budget Breakdown
Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · April 2026
Feasibility
Wellington
Likely Insufficient
COL+Rent: 50.9 (NYC=100)
$1,500/mo may not cover basic costs in Wellington.
Malmö
Moderate
COL+Rent: 35.1 (NYC=100)
$1,500/mo covers essentials with some leisure in Malmö.
Budget Breakdown
| Category | Wellington | Malmö | Diff |
|---|---|---|---|
| Rent (avg 1BR) | $830 | $754 | +$76 |
| Groceries | $253 | $291 | $38 |
| Dining Out | $135 | $174 | $39 |
| Transportation | $69 | $79 | $10 |
| Utilities | $88 | $88 | $0 |
| Other / Misc | $125 | $114 | +$11 |
| Total | $1,500 | $1,500 | — |
Purchasing Power
Wellington
$1,500
per month
Malmö equivalent
$1,034
per month
Only $1,034/mo in Malmö matches $1,500/mo in Wellington — better value.
Other Budget Levels
FAQ
Can I live in Wellington on $1,500/month?
Living in Wellington on $1,500/mo is rated "Likely Insufficient". Budget allocates ~$830 to rent, $253 to groceries, $135 to dining.
Can I live in Malmö on $1,500/month?
In Malmö, $1,500/mo is rated "Moderate". Allocations: $754 rent, $291 groceries, $174 dining.
Is Wellington or Malmö cheaper?
Malmö is generally cheaper. COL+Rent: Wellington 50.9 vs Malmö 35.1 (NYC=100).
What is $1,500/mo in Wellington worth in Malmö?
$1,500/mo of purchasing power in Wellington equals ~$1,034/mo in Malmö using COL adjustment.