Can I Afford to Live in Peoria vs Medellín 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.

Peoria, IL
$8,319/mo take-home
Rent: $1,050/mo (13% of take-home)
Very comfortable
Medellín, CO
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable

Monthly budget breakdown

Peoria
IL
Medellín
CO
Monthly take-home (est.)
$8,319
$8,944Best ✓
1BR rent
$1,050
$500Best ✓
Groceries (est.)
$361Best ✓
$380
Transport (est.)
$55Best ✓
$150
Utilities
$158
$55Best ✓
Internet
$60
$30Best ✓
Left after essentials
$6,635/month
$7,829/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Peoria (IL rate: 5%).

Frequently asked questions

Is $150K a good salary in Peoria?

At $150K/year in Peoria, your estimated monthly take-home is $8,319. With 1BR rent around $1,050/month, rent takes up 13% of your take-home. That's considered very comfortable.

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.

Which city is more affordable on a $150K salary?

Medellín leaves you with more money after core expenses — $7,829/month vs $6,635/month in Peoria.

Can I afford to live alone in Peoria on $150K?

Yes. At $150K in Peoria, rent takes 13% of your take-home, leaving $6,635/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Peoria vs Medellín

$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