Can I Afford to Live in Louisville vs Medellín on $50K?

Here's how a $50K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Louisville, KY
$2,994/mo take-home
Rent: $1,300/mo (43% of take-home)
Tight
Medellín, CO
$3,160/mo take-home
Rent: $500/mo (16% of take-home)
Very comfortable

Monthly budget breakdown

Louisville
KY
Medellín
CO
Monthly take-home (est.)
$2,994
$3,160Best ✓
1BR rent
$1,300
$500Best ✓
Groceries (est.)
$361Best ✓
$380
Transport (est.)
$60Best ✓
$150
Utilities
$162
$55Best ✓
Internet
$60
$30Best ✓
Left after essentials
$1,051/month
$2,045/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Louisville (KY rate: 4%).

Frequently asked questions

Is $50K a good salary in Louisville?

At $50K/year in Louisville, your estimated monthly take-home is $2,994. With 1BR rent around $1,300/month, rent takes up 43% of your take-home. That's considered tight.

Is $50K a good salary in Medellín?

At $50K/year in Medellín, your estimated monthly take-home is $3,160. With 1BR rent around $500/month, rent takes up 16% of your take-home. That's considered very comfortable.

Which city is more affordable on a $50K salary?

Medellín leaves you with more money after core expenses — $2,045/month vs $1,051/month in Louisville.

Can I afford to live alone in Louisville on $50K?

It's tight. Rent in Louisville would take 43% of your $50K take-home pay. You may need to find roommates or look at studios to stay within the 30% rule.

Compare other salary bands — Louisville vs Medellín

$40K$60K$75K$80K$100K$120K$150K

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