Can I Afford to Live in Medellín vs Budapest 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.

Medellín, CO
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable
Budapest, HU
$7,069/mo take-home
Rent: $700/mo (10% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Medellín
CO
Budapest
HU
Monthly take-home (est.)$8,944$7,069
1BR rent$500$700
Groceries (est.)$380$380
Transport (est.)$150$150
Utilities$55$85
Internet$30$20
Left after essentials$7,829/month$5,734/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Budapest (HU rate: 15%).

Frequently asked questions

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.

Is $150K a good salary in Budapest?

At $150K/year in Budapest, your estimated monthly take-home is $7,069. With 1BR rent around $700/month, rent takes up 10% 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 $5,734/month in Budapest.

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

Yes. At $150K in Medellín, rent takes 6% of your take-home, leaving $7,829/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Medellín vs Budapest

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