Can I Afford to Live in Medellín vs Mexico City 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
Mexico City, MX
$3,793/mo take-home
Rent: $700/mo (18% of take-home)
Very comfortable

Monthly budget breakdown

Medellín
CO
Mexico City
MX
Monthly take-home (est.)
$3,793Best ✓
$3,793
1BR rent
$500Best ✓
$700
Groceries (est.)
$380Best ✓
$380
Transport (est.)
$150Best ✓
$150
Utilities
$55Best ✓
$55
Internet
$30
$25Best ✓
Left after essentials
$2,678/month
$2,483/month
Both Medellín and Mexico City have no state income tax — your take-home is higher than in most states.

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 Mexico City?

At $60K/year in Mexico City, your estimated monthly take-home is $3,793. With 1BR rent around $700/month, rent takes up 18% of your take-home. That's considered very comfortable.

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

Medellín leaves you with more money after core expenses — $2,678/month vs $2,483/month in Mexico City.

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 Mexico City

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