Monthly Budget Comparison

Can You Live on $1,500/month?

Belgium vs New Zealand — Budget Breakdown & Lifestyle Analysis

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

Feasibility Assessment

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.

New Zealand

Likely Insufficient

COL+Rent Index: 56.0 (NYC = 100)

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

Budget Breakdown: $1,500/Month

CategoryBelgiumNew ZealandDifference
Rent (avg 1BR)$789$841$52
Groceries$228$237$9
Dining Out$154$127+$27
Transportation$36$72$36
Utilities$175$97+$78
Other / Misc$118$126$8
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.

Belgium

$1,500

per month

New Zealand (PPP equivalent)

$1,700

per month

You would need $1,700/mo in New Zealand to match the purchasing power of $1,500/mo in Belgium — New Zealand is effectively more expensive.

What Does $1,500/Month Buy You?

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

New Zealand

  • $841 (56%) goes to rent — decent 1BR apartment feasible
  • $364 (24%) for food — mostly home cooking
  • $72 for transit — public transit covered
  • $126 discretionary — very limited extras

Groceries Index: 76.6 · Restaurant Index: 60.7 · Local Purchasing Power: 88.7

Explore Other Budget Levels

Frequently Asked Questions

Can I live in Belgium on $1,500 per month?
Based on our analysis, living in Belgium on $1,500/month is rated as "Likely Insufficient". Your budget would allocate approximately $789 to rent, $228 to groceries, and $154 to dining out.
Can I live in New Zealand on $1,500 per month?
Living in New Zealand on $1,500/month is rated as "Likely Insufficient". Expected allocations: $841 rent, $237 groceries, $127 dining.
Is Belgium or New Zealand cheaper to live in?
Belgium generally offers a lower cost of living. Belgium's COL+Rent Index is 49.4 while New Zealand's is 56.0 (NYC = 100).
What is $1,500/month in Belgium worth in New Zealand?
Using PPP adjustment, $1,500/month of purchasing power in Belgium is equivalent to approximately $1,700/month in New Zealand.
What are the biggest expenses when living abroad?
Rent is typically the largest expense (53% in Belgium, 56% in New Zealand), followed by groceries and dining. Transportation and utilities are usually smaller portions of the budget.

Related Comparisons & Tools