Americans are already heading to Europe in search of affordable homes, but just how much more space can you get in Europe for the price of a modest Manhattan apartment?

A new study by My Dolce Casa, a research blog about living and retiring abroad, uses Realtor.com’s median listing price for a 500-square-foot apartment in Manhattan — around $750,000, or $1,500 per square foot — to compare value against what you can find in 68 regions in five European countries: France, Greece, Italy, Portugal and Spain. (Regions with inadequate data were omitted.)