Can I Afford to Live in Savannah vs Mexico City 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.

Savannah, GA
$6,605/mo take-home
Rent: $1,500/mo (23% of take-home)
Comfortable
Mexico City, MX
$7,155/mo take-home
Rent: $700/mo (10% of take-home)
Very comfortable

Monthly budget breakdown

Savannah
GA
Mexico City
MX
Monthly take-home (est.)
$6,605
$7,155Best โœ“
1BR rent
$1,500
$700Best โœ“
Groceries (est.)
$369Best โœ“
$380
Transport (est.)
$48Best โœ“
$150
Utilities
$165
$55Best โœ“
Internet
$62
$25Best โœ“
Left after essentials
$4,461/month
$5,845/month
Mexico City (CDMX) has no state income tax, boosting take-home vs Savannah (GA rate: 5.5%).

Frequently asked questions

Is $120K a good salary in Savannah?

At $120K/year in Savannah, your estimated monthly take-home is $6,605. With 1BR rent around $1,500/month, rent takes up 23% of your take-home. That's considered comfortable.

Is $120K a good salary in Mexico City?

At $120K/year in Mexico City, your estimated monthly take-home is $7,155. With 1BR rent around $700/month, rent takes up 10% of your take-home. That's considered very comfortable.

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

Mexico City leaves you with more money after core expenses โ€” $5,845/month vs $4,461/month in Savannah.

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

Yes. At $120K in Savannah, rent takes 23% of your take-home, leaving $4,461/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands โ€” Savannah vs Mexico City

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