$40K in Medellín = $106,286 in Wilmington

Your $40K salary in Medellín (COL 35) has the same purchasing power as $106,286 in Wilmington (COL 93). Wilmington is more expensive — you'd need 166% more to maintain the same lifestyle.

$40K in Medellín, CO
$2,728/mo take-home
Rent: $500/mo (18% of take-home)
Very comfortable
$106,286/yr in Wilmington, NC
$5,939/mo take-home
Rent: $1,550/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
Wilmington
$40K (same salary)
Monthly take-home$2,728$2,578
1BR rent$500$1,550
Groceries$380$372
Transport$150$45
Utilities$55$158
Internet$30$62
Left after essentials$1,613/month$391/month
To match your Medellín purchasing power in Wilmington, you'd need to earn $106,286/year (166% more than $40K). At that salary, you'd have $3,752/mo left after essentials — vs $1,613/mo in Medellín.

Frequently asked questions

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

$40K in Medellín (COL index 35) has the same purchasing power as $106,286 in Wilmington (COL index 93). That's 166% more than your current salary.

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

Not necessarily. Core expenses in Wilmington are higher, so on the same $40K salary you'd have $1,222 less per month. You'd need to earn $106,286 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 × (93 ÷ 35) = $106,286. 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