Moving from Minneapolis to Cartagena (2026)

Cartagena has a COL index of 40 vs 106 for Minneapolis (100 = US average). You'd pay about 62% less for the same lifestyle.

Save ~$1,759/mo
on rent + taxes ยท $75K salary baseline

Change cities

Key differences

COL index
106 โ†’ 40
100 = US avg
1BR rent
$1,700 โ†’ $560
per month
State tax
9.9% โ†’ None
income tax
COL difference
106 โ†’ 40
62% cheaper

Salary needed in Cartagena to match your Minneapolis lifestyle

Based on the 62% cost of living decrease between the two cities.

Your salary in MinneapolisEquivalent in Cartagena
$40K$15,094
$50K$18,868
$60K$22,642
$75K$28,302
$80K$30,189
$100K$37,736
$120K$45,283
$150K$56,604

Adjust your salary

Save ~$1,256/moon core expenses at $75K

Monthly budget at $75K โ€” Minneapolis vs Cartagena

ExpenseMinneapolisCartagena
Monthly take-home$4,122$4,741
1BR rent$1,700$560
Groceries$391$380
Transport$95$150
Utilities$195$70
Internet$65$30
Left after essentials$1,676$3,551

30-Year Wealth Builder

If you invest your monthly savings of $1,256 in a low-cost index fund (7% avg return), you'd accumulate an extra:

$1,532,284

over 30 years compared to staying in Minneapolis โ€” that's the real price of a city.

$1,256/mo invested

Frequently asked questions

Is Cartagena cheaper than Minneapolis?

Yes. Cartagena has a cost of living index of 40 vs 106 for Minneapolis (100 = US average). That's about 62% cheaper.

How much will I save moving from Minneapolis to Cartagena?

On a $75K salary, moving from Minneapolis to Cartagena saves roughly $1,759/month on core expenses. That's ~$21,108/year.

What salary do I need in Cartagena to match my Minneapolis lifestyle?

To maintain the same purchasing power as $75,000 in Minneapolis, you'd need roughly $28,302/year in Cartagena. This is based on the overall COL index difference.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates. Zillow ยท BLS ยท Numbeo ยท For general guidance only