Can I Afford to Live in South Bend 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.

South Bend, IN
$8,544/mo take-home
Rent: $1,050/mo (12% 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
South Bend
IN
Medellín
CO
Monthly take-home (est.)$8,544$8,944
1BR rent$1,050$500
Groceries (est.)$353$380
Transport (est.)$42$150
Utilities$155$55
Internet$58$30
Left after essentials$6,886/month$7,829/month
Medellín (Antioquia) has no state income tax, boosting take-home vs South Bend (IN rate: 3.2%).

Frequently asked questions

Is $150K a good salary in South Bend?

At $150K/year in South Bend, your estimated monthly take-home is $8,544. With 1BR rent around $1,050/month, rent takes up 12% 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 $6,886/month in South Bend.

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

Yes. At $150K in South Bend, rent takes 12% of your take-home, leaving $6,886/month after essentials. Most financial planners recommend keeping rent below 30%.

Compare other salary bands — South Bend 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