Can I Afford to Live in Medellín vs Cape Town 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
Cape Town, ZA
$6,694/mo take-home
Rent: $600/mo (9% of take-home)
Very comfortable

Monthly budget breakdown

Medellín
CO
Cape Town
ZA
Monthly take-home (est.)
$8,944Best ✓
$6,694
1BR rent
$500Best ✓
$600
Groceries (est.)
$380Best ✓
$380
Transport (est.)
$150Best ✓
$150
Utilities
$55Best ✓
$80
Internet
$30Best ✓
$50
Left after essentials
$7,829/month
$5,434/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Cape Town (ZA rate: 18%).

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 Cape Town?

At $150K/year in Cape Town, your estimated monthly take-home is $6,694. With 1BR rent around $600/month, rent takes up 9% 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 $5,434/month in Cape Town.

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 Cape Town

$40K$50K$60K$75K$80K$100K$120K

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