Can I Afford to Live in Sioux Falls 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.

Sioux Falls, SD
$8,944/mo take-home
Rent: $1,250/mo (14% of take-home)
Very comfortable
Medellín, CO
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable

Monthly budget breakdown

Expense
Sioux Falls
SD
Medellín
CO
Monthly take-home (est.)$8,944$8,944
1BR rent$1,250$500
Groceries (est.)$365$380
Transport (est.)$42$150
Utilities$155$55
Internet$60$30
Left after essentials$7,072/month$7,829/month
Both Sioux Falls and Medellín have no state income tax — your take-home is higher than in most states.

Frequently asked questions

Is $150K a good salary in Sioux Falls?

At $150K/year in Sioux Falls, your estimated monthly take-home is $8,944. With 1BR rent around $1,250/month, rent takes up 14% 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 $7,072/month in Sioux Falls.

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

Yes. At $150K in Sioux Falls, rent takes 14% of your take-home, leaving $7,072/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — Sioux Falls vs Medellín

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