Can I Afford to Live in Buenos Aires 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.

Buenos Aires, AR
$7,155/mo take-home
Rent: $400/mo (6% of take-home)
Very comfortable
Medellín, CO
$7,155/mo take-home
Rent: $500/mo (7% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Buenos Aires
AR
Medellín
CO
Monthly take-home (est.)$7,155$7,155
1BR rent$400$500
Groceries (est.)$380$380
Transport (est.)$150$150
Utilities$40$55
Internet$20$30
Left after essentials$6,165/month$6,040/month
Both Buenos Aires and Medellín have no state income tax — your take-home is higher than in most states.

Frequently asked questions

Is $120K a good salary in Buenos Aires?

At $120K/year in Buenos Aires, your estimated monthly take-home is $7,155. With 1BR rent around $400/month, rent takes up 6% of your take-home. That's considered very comfortable.

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?

Buenos Aires leaves you with more money after core expenses — $6,165/month vs $6,040/month in Medellín.

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

Yes. At $120K in Buenos Aires, rent takes 6% of your take-home, leaving $6,165/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Buenos Aires 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