Can You Live on $1,500/month?
Belgium vs Portugal — Budget Breakdown & Lifestyle Analysis
Source: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Feasibility Assessment
Belgium
COL+Rent Index: 49.4 (NYC = 100)
$1,500/mo may not cover basic living costs in Belgium. Consider a higher budget.
Portugal
COL+Rent Index: 36.5 (NYC = 100)
$1,500/mo covers essentials with some room for leisure in Portugal.
Budget Breakdown: $1,500/Month
| Category | Belgium | Portugal | Difference |
|---|---|---|---|
| Rent (avg 1BR) | $789 | $838 | $49 |
| Groceries | $228 | $224 | +$4 |
| Dining Out | $154 | $149 | +$5 |
| Transportation | $36 | $40 | $4 |
| Utilities | $175 | $124 | +$51 |
| Other / Misc | $118 | $125 | $7 |
| 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
Portugal (PPP equivalent)
$1,108
per month
You would only need $1,108/mo in Portugal to match $1,500/mo in Belgium — Portugal offers better value.
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
Portugal
- $838 (56%) goes to rent — decent 1BR apartment feasible
- $373 (25%) for food — mostly home cooking
- $40 for transit — public transit covered
- $125 discretionary — very limited extras
Groceries Index: 41.6 · Restaurant Index: 38.5 · Local Purchasing Power: 59.7