$40K in Medellín = $115,429 in Raleigh

Your $40K salary in Medellín (COL 35) has the same purchasing power as $115,429 in Raleigh (COL 101). Raleigh is more expensive — you'd need 189% more to maintain the same lifestyle.

$40K in Medellín, CO
$2,728/mo take-home
Rent: $500/mo (18% of take-home)
Very comfortable
$115,429/yr in Raleigh, NC
$6,450/mo take-home
Rent: $1,700/mo (26% of take-home)
Comfortable

Budget breakdown — $40K in both cities

What $40K actually buys you in each city after taxes and core expenses.

Expense
Medellín
$40K
Raleigh
$40K (same salary)
Monthly take-home$2,728$2,578
1BR rent$500$1,700
Groceries$380$365
Transport$150$70
Utilities$55$150
Internet$30$60
Left after essentials$1,613/month$233/month
To match your Medellín purchasing power in Raleigh, you'd need to earn $115,429/year (189% more than $40K). At that salary, you'd have $4,105/mo left after essentials — vs $1,613/mo in Medellín.

Frequently asked questions

What is $40K in Medellín equivalent to in Raleigh?

$40K in Medellín (COL index 35) has the same purchasing power as $115,429 in Raleigh (COL index 101). That's 189% more than your current salary.

If I move from Medellín to Raleigh keeping my $40K salary, will I be better off?

Not necessarily. Core expenses in Raleigh are higher, so on the same $40K salary you'd have $1,380 less per month. You'd need to earn $115,429 to maintain the same standard of living.

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: $40K × (101 ÷ 35) = $115,429. 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