Monthly Budget Comparison

Can You Live on $1,500/month?

Spain vs Belgium — Budget Breakdown & Lifestyle Analysis

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

Feasibility Assessment

Spain

Moderate

COL+Rent Index: 38.0 (NYC = 100)

$1,500/mo covers essentials with some room for leisure in Spain.

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

CategorySpainBelgiumDifference
Rent (avg 1BR)$805$789+$16
Groceries$242$228+$14
Dining Out$163$154+$9
Transportation$34$36$2
Utilities$136$175$39
Other / Misc$120$118+$2
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.

Spain

$1,500

per month

Belgium (PPP equivalent)

$1,950

per month

You would need $1,950/mo in Belgium to match the purchasing power of $1,500/mo in Spain — Belgium is effectively more expensive.

What Does $1,500/Month Buy You?

Spain

  • $805 (54%) goes to rent — decent 1BR apartment feasible
  • $405 (27%) for food — mostly home cooking
  • $34 for transit — public transit covered
  • $120 discretionary — very limited extras

Groceries Index: 44.8 · Restaurant Index: 39.0 · Local Purchasing Power: 98.1

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 Spain on $1,500 per month?
Based on our analysis, living in Spain on $1,500/month is rated as "Moderate". Your budget would allocate approximately $805 to rent, $242 to groceries, and $163 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 Spain or Belgium cheaper to live in?
Spain generally offers a lower cost of living. Spain's COL+Rent Index is 38.0 while Belgium's is 49.4 (NYC = 100).
What is $1,500/month in Spain worth in Belgium?
Using PPP adjustment, $1,500/month of purchasing power in Spain is equivalent to approximately $1,950/month in Belgium.
What are the biggest expenses when living abroad?
Rent is typically the largest expense (54% in Spain, 53% in Belgium), followed by groceries and dining. Transportation and utilities are usually smaller portions of the budget.

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