Can I Afford to Live in Salt Lake City 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.

Salt Lake City, UT
$8,356/mo take-home
Rent: $1,700/mo (20% of take-home)
Very comfortable
Medellín, CO
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable

Monthly budget breakdown

Salt Lake City
UT
Medellín
CO
Monthly take-home (est.)
$8,356
$8,944Best ✓
1BR rent
$1,700
$500Best ✓
Groceries (est.)
$372Best ✓
$380
Transport (est.)
$90Best ✓
$150
Utilities
$150
$55Best ✓
Internet
$60
$30Best ✓
Left after essentials
$5,984/month
$7,829/month
Medellín (Antioquia) has no state income tax, boosting take-home vs Salt Lake City (UT rate: 4.7%).

Frequently asked questions

Is $150K a good salary in Salt Lake City?

At $150K/year in Salt Lake City, your estimated monthly take-home is $8,356. With 1BR rent around $1,700/month, rent takes up 20% 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 $5,984/month in Salt Lake City.

Can I afford to live alone in Salt Lake City on $150K?

Yes. At $150K in Salt Lake City, rent takes 20% of your take-home, leaving $5,984/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Salt Lake City 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