Can I Afford to Live in Atlanta vs Medellín on $120K?

Here's how a $120K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Atlanta, GA
$6,605/mo take-home
Rent: $1,900/mo (29% of take-home)
Manageable
Medellín, CO
$7,155/mo take-home
Rent: $500/mo (7% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Atlanta
GA
Medellín
CO
Monthly take-home (est.)$6,605$7,155
1BR rent$1,900$500
Groceries (est.)$376$380
Transport (est.)$95$150
Utilities$165$55
Internet$60$30
Left after essentials$4,009/month$6,040/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Atlanta (GA rate: 5.5%).

Frequently asked questions

Is $120K a good salary in Atlanta?

At $120K/year in Atlanta, your estimated monthly take-home is $6,605. With 1BR rent around $1,900/month, rent takes up 29% of your take-home. That's considered manageable.

Is $120K a good salary in Medellín?

At $120K/year in Medellín, your estimated monthly take-home is $7,155. With 1BR rent around $500/month, rent takes up 7% of your take-home. That's considered very comfortable.

Which city is more affordable on a $120K salary?

Medellín leaves you with more money after core expenses — $6,040/month vs $4,009/month in Atlanta.

Can I afford to live alone in Atlanta on $120K?

Yes. At $120K in Atlanta, rent takes 29% of your take-home, leaving $4,009/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Atlanta 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