Can You Live on $1,500/month?
Mexico vs Vietnam — Budget Breakdown & Lifestyle Analysis
Source: Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026
Feasibility Assessment
Mexico
COL+Rent Index: 29.8 (NYC = 100)
$1,500/mo comfortably covers all typical expenses in Mexico.
Vietnam
COL+Rent Index: 19.1 (NYC = 100)
$1,500/mo comfortably covers all typical expenses in Vietnam.
Budget Breakdown: $1,500/Month
| Category | Mexico | Vietnam | Difference |
|---|---|---|---|
| Rent (avg 1BR) | $805 | $723 | +$82 |
| Groceries | $297 | $429 | $132 |
| Dining Out | $162 | $88 | +$74 |
| Transportation | $34 | $17 | +$17 |
| Utilities | $81 | $135 | $54 |
| Other / Misc | $121 | $108 | +$13 |
| 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.
Mexico
$1,500
per month
Vietnam (PPP equivalent)
$961
per month
You would only need $961/mo in Vietnam to match $1,500/mo in Mexico — Vietnam offers better value.
What Does $1,500/Month Buy You?
Mexico
- $805 (54%) goes to rent — decent 1BR apartment feasible
- $459 (31%) for food — mostly home cooking
- $34 for transit — public transit covered
- $121 discretionary — very limited extras
Groceries Index: 36.5 · Restaurant Index: 26.0 · Local Purchasing Power: 50.7
Vietnam
- $723 (48%) goes to rent — decent 1BR apartment feasible
- $517 (34%) for food — mostly home cooking
- $17 for transit — public transit covered
- $108 discretionary — very limited extras
Groceries Index: 31.8 · Restaurant Index: 15.6 · Local Purchasing Power: 42.5