Can I Afford to Live in Medellín vs Indianapolis 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
Indianapolis, IN
$8,544/mo take-home
Rent: $1,200/mo (14% of take-home)
Very comfortable

Monthly budget breakdown

Medellín
CO
Indianapolis
IN
Monthly take-home (est.)
$8,944Best ✓
$8,544
1BR rent
$500Best ✓
$1,200
Groceries (est.)
$380
$357Best ✓
Transport (est.)
$150
$60Best ✓
Utilities
$55Best ✓
$155
Internet
$30Best ✓
$55
Left after essentials
$7,829/month
$6,717/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Indianapolis (IN rate: 3.2%).

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 Indianapolis?

At $150K/year in Indianapolis, your estimated monthly take-home is $8,544. With 1BR rent around $1,200/month, rent takes up 14% 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 $6,717/month in Indianapolis.

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 Indianapolis

$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