$120K in Oaxaca = $131,250 in Medellín
Your $120K salary in Oaxaca (COL 32) has the same purchasing power as $131,250 in Medellín (COL 35). Medellín is more expensive — you'd need 9% more to maintain the same lifestyle.
Budget breakdown — $120K in both cities
What $120K actually buys you in each city after taxes and core expenses.
| Expense | Oaxaca $120K | Medellín $120K (same salary) |
|---|---|---|
| Monthly take-home | $7,155 | $7,155 |
| 1BR rent | $400 | $500 |
| Groceries | $380 | $380 |
| Transport | $150 | $150 |
| Utilities | $45 | $55 |
| Internet | $25 | $30 |
| Left after essentials | $6,155/month | $6,040/month |
Frequently asked questions
What is $120K in Oaxaca equivalent to in Medellín?
$120K in Oaxaca (COL index 32) has the same purchasing power as $131,250 in Medellín (COL index 35). That's 9% more than your current salary.
If I move from Oaxaca to Medellín keeping my $120K salary, will I be better off?
Not necessarily. Core expenses in Medellín are higher, so on the same $120K salary you'd have $115 less per month. You'd need to earn $131,250 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: $120K × (35 ÷ 32) = $131,250. This adjusts for differences in housing, food, transport, and general cost of living.
Other salary amounts — Oaxaca to Medellín
Equivalency uses overall COL index ratio. Take-home uses simplified federal/state brackets. Zillow · BLS · Numbeo · Q1 2026 · For general guidance only