Can I Afford to Live in Anchorage vs Medellín on $150K?

Here's how a $150K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Anchorage, AK
$8,944/mo take-home
Rent: $1,800/mo (20% of take-home)
Very comfortable
Medellín, CO
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Anchorage
AK
Medellín
CO
Monthly take-home (est.)$8,944$8,944
1BR rent$1,800$500
Groceries (est.)$391$380
Transport (est.)$45$150
Utilities$165$55
Internet$90$30
Left after essentials$6,453/month$7,829/month
Both Anchorage and Medellín have no state income tax — your take-home is higher than in most states.

Frequently asked questions

Is $150K a good salary in Anchorage?

At $150K/year in Anchorage, your estimated monthly take-home is $8,944. With 1BR rent around $1,800/month, rent takes up 20% of your take-home. That's considered very comfortable.

Is $150K a good salary in Medellín?

At $150K/year in Medellín, your estimated monthly take-home is $8,944. With 1BR rent around $500/month, rent takes up 6% of your take-home. That's considered very comfortable.

Which city is more affordable on a $150K salary?

Medellín leaves you with more money after core expenses — $7,829/month vs $6,453/month in Anchorage.

Can I afford to live alone in Anchorage on $150K?

Yes. At $150K in Anchorage, rent takes 20% of your take-home, leaving $6,453/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Anchorage vs Medellín

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more — side by side.

Full comparison

Take-home estimates use simplified federal/state brackets and do not account for pre-tax deductions, 401(k), or local taxes. Data: Zillow, BLS, Numbeo · Q1 2026 · For general guidance only