Can I Afford to Live in Medellín vs Lafayette on $60K?

Here's how a $60K/year salary plays out in both cities after taxes, rent, and core living expenses — based on Q1 2026 data.

Medellín, CO
$3,793/mo take-home
Rent: $500/mo (13% of take-home)
Very comfortable
Lafayette, LA
$3,578/mo take-home
Rent: $1,100/mo (31% of take-home)
Manageable

Monthly budget breakdown

Expense
Medellín
CO
Lafayette
LA
Monthly take-home (est.)$3,793$3,578
1BR rent$500$1,100
Groceries (est.)$380$361
Transport (est.)$150$42
Utilities$55$208
Internet$30$58
Left after essentials$2,678/month$1,809/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Lafayette (LA rate: 4.3%).

Frequently asked questions

Is $60K a good salary in Medellín?

At $60K/year in Medellín, your estimated monthly take-home is $3,793. With 1BR rent around $500/month, rent takes up 13% of your take-home. That's considered very comfortable.

Is $60K a good salary in Lafayette?

At $60K/year in Lafayette, your estimated monthly take-home is $3,578. With 1BR rent around $1,100/month, rent takes up 31% of your take-home. That's considered manageable.

Which city is more affordable on a $60K salary?

Medellín leaves you with more money after core expenses — $2,678/month vs $1,809/month in Lafayette.

Can I afford to live alone in Medellín on $60K?

Yes. At $60K in Medellín, rent takes 13% of your take-home, leaving $2,678/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Medellín vs Lafayette

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