Monthly Budget Comparison

Can You Live on $1,500/month?

Australia vs Belgium — Budget Breakdown & Lifestyle Analysis

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

Feasibility Assessment

Australia

Likely Insufficient

COL+Rent Index: 58.4 (NYC = 100)

$1,500/mo may not cover basic living costs in Australia. Consider a higher budget.

Belgium

Likely Insufficient

COL+Rent Index: 49.4 (NYC = 100)

$1,500/mo may not cover basic living costs in Belgium. Consider a higher budget.

Budget Breakdown: $1,500/Month

CategoryAustraliaBelgiumDifference
Rent (avg 1BR)$857$789+$68
Groceries$223$228$5
Dining Out$140$154$14
Transportation$58$36+$22
Utilities$93$175$82
Other / Misc$129$118+$11
Total$1,500$1,500

Budget allocated proportionally based on each country's actual cost structure. Both columns show how the same $$1,500 budget would be spent differently.

Purchasing Power Comparison

Using OECD Purchasing Power Parity (PPP) rates, we can estimate what the same standard of living costs in each country.

Australia

$1,500

per month

Belgium (PPP equivalent)

$1,269

per month

You would only need $1,269/mo in Belgium to match $1,500/mo in Australia — Belgium offers better value.

What Does $1,500/Month Buy You?

Australia

  • $857 (57%) goes to rent — decent 1BR apartment feasible
  • $363 (24%) for food — mostly home cooking
  • $58 for transit — public transit covered
  • $129 discretionary — very limited extras

Groceries Index: 75.5 · Restaurant Index: 65.2 · Local Purchasing Power: 102.6

Belgium

  • $789 (53%) goes to rent — decent 1BR apartment feasible
  • $382 (25%) for food — mostly home cooking
  • $36 for transit — public transit covered
  • $118 discretionary — very limited extras

Groceries Index: 57.0 · Restaurant Index: 55.0 · Local Purchasing Power: 87.3

Explore Other Budget Levels

Frequently Asked Questions

Can I live in Australia on $1,500 per month?
Based on our analysis, living in Australia on $1,500/month is rated as "Likely Insufficient". Your budget would allocate approximately $857 to rent, $223 to groceries, and $140 to dining out.
Can I live in Belgium on $1,500 per month?
Living in Belgium on $1,500/month is rated as "Likely Insufficient". Expected allocations: $789 rent, $228 groceries, $154 dining.
Is Australia or Belgium cheaper to live in?
Belgium generally offers a lower cost of living. Australia's COL+Rent Index is 58.4 while Belgium's is 49.4 (NYC = 100).
What is $1,500/month in Australia worth in Belgium?
Using PPP adjustment, $1,500/month of purchasing power in Australia is equivalent to approximately $1,269/month in Belgium.
What are the biggest expenses when living abroad?
Rent is typically the largest expense (57% in Australia, 53% in Belgium), followed by groceries and dining. Transportation and utilities are usually smaller portions of the budget.

Related Comparisons & Tools