Can I Afford to Live in Cape Coral vs Medellín on $80K?

Here's how a $80K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Cape Coral, FL
$5,057/mo take-home
Rent: $1,750/mo (35% of take-home)
Manageable
Medellín, CO
$5,057/mo take-home
Rent: $500/mo (10% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Cape Coral
FL
Medellín
CO
Monthly take-home (est.)$5,057$5,057
1BR rent$1,750$500
Groceries (est.)$372$380
Transport (est.)$48$150
Utilities$198$55
Internet$65$30
Left after essentials$2,624/month$3,942/month
Both Cape Coral and Medellín have no state income tax — your take-home is higher than in most states.

Frequently asked questions

Is $80K a good salary in Cape Coral?

At $80K/year in Cape Coral, your estimated monthly take-home is $5,057. With 1BR rent around $1,750/month, rent takes up 35% of your take-home. That's considered manageable.

Is $80K a good salary in Medellín?

At $80K/year in Medellín, your estimated monthly take-home is $5,057. With 1BR rent around $500/month, rent takes up 10% of your take-home. That's considered very comfortable.

Which city is more affordable on a $80K salary?

Medellín leaves you with more money after core expenses — $3,942/month vs $2,624/month in Cape Coral.

Can I afford to live alone in Cape Coral on $80K?

Yes. At $80K in Cape Coral, rent takes 35% of your take-home, leaving $2,624/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Cape Coral 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