Can I Afford to Live in Oaxaca vs Seoul on $120K?

Here's how a $120K/year salary plays out in both cities after taxes, rent, and core living expenses โ€” based on Q1 2026 data.

Oaxaca, MX
$7,155/mo take-home
Rent: $400/mo (6% of take-home)
Very comfortable
Seoul, KR
$5,655/mo take-home
Rent: $900/mo (16% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Oaxaca
MX
Seoul
KR
Monthly take-home (est.)$7,155$5,655
1BR rent$400$900
Groceries (est.)$380$380
Transport (est.)$150$150
Utilities$45$80
Internet$25$25
Left after essentials$6,155/month$4,120/month
Oaxaca (Oaxaca) has no state income tax, boosting take-home vs Seoul (KR rate: 15%).

Frequently asked questions

Is $120K a good salary in Oaxaca?

At $120K/year in Oaxaca, your estimated monthly take-home is $7,155. With 1BR rent around $400/month, rent takes up 6% of your take-home. That's considered very comfortable.

Is $120K a good salary in Seoul?

At $120K/year in Seoul, your estimated monthly take-home is $5,655. With 1BR rent around $900/month, rent takes up 16% of your take-home. That's considered very comfortable.

Which city is more affordable on a $120K salary?

Oaxaca leaves you with more money after core expenses โ€” $6,155/month vs $4,120/month in Seoul.

Can I afford to live alone in Oaxaca on $120K?

Yes. At $120K in Oaxaca, rent takes 6% of your take-home, leaving $6,155/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Oaxaca vs Seoul

See the full cost-of-living comparison

Rent, groceries, taxes, transportation, and more โ€” 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 ยท Q1 2026 ยท For general guidance only