$150K in Lima = $131,250 in Medellín

Your $150K salary in Lima (COL 40) has the same purchasing power as $131,250 in Medellín (COL 35). Medellín is cheaper — your money goes 12% further there.

$150K in Lima, PE
$8,944/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable
$131,250/yr in Medellín, CO
$7,826/mo take-home
Rent: $500/mo (6% of take-home)
Very comfortable

Budget breakdown — $150K in both cities

What $150K actually buys you in each city after taxes and core expenses.

Expense
Lima
$150K
Medellín
$150K (same salary)
Monthly take-home$8,944$8,944
1BR rent$500$500
Groceries$380$380
Transport$150$150
Utilities$55$55
Internet$25$30
Left after essentials$7,834/month$7,829/month
To match your Lima purchasing power in Medellín, you'd need to earn $131,250/year (12% less than $150K). At that salary, you'd have $6,711/mo left after essentials — vs $7,834/mo in Lima.

Frequently asked questions

What is $150K in Lima equivalent to in Medellín?

$150K in Lima (COL index 40) has the same purchasing power as $131,250 in Medellín (COL index 35). That's 12% less than your current salary.

If I move from Lima to Medellín keeping my $150K salary, will I be better off?

Yes. If you keep earning $150K after moving to Medellín, you'd have $-5 more per month after core expenses — because Medellín is cheaper than Lima.

How is the salary equivalent calculated?

The equivalent salary is calculated by multiplying your current salary by the ratio of the two cities' overall cost of living indices: $150K × (35 ÷ 40) = $131,250. This adjusts for differences in housing, food, transport, and general cost of living.

Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only