Can I Afford to Live in Medellín vs Springfield 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
Springfield, MO
$8,356/mo take-home
Rent: $950/mo (11% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Medellín
CO
Springfield
MO
Monthly take-home (est.)$8,944$8,356
1BR rent$500$950
Groceries (est.)$380$353
Transport (est.)$150$42
Utilities$55$155
Internet$30$58
Left after essentials$7,829/month$6,798/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Springfield (MO rate: 4.7%).

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 Springfield?

At $150K/year in Springfield, your estimated monthly take-home is $8,356. With 1BR rent around $950/month, rent takes up 11% 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 $6,798/month in Springfield.

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 Springfield

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