$40K in Rapid City = $15,909 in Medellín

Your $40K salary in Rapid City (COL 88) has the same purchasing power as $15,909 in Medellín (COL 35). Medellín is cheaper — your money goes 60% further there.

$40K in Rapid City, SD
$2,728/mo take-home
Rent: $1,200/mo (44% of take-home)
Tight
$15,909/yr in Medellín, CO
$1,085/mo take-home
Rent: $500/mo (46% of take-home)
Difficult

Budget breakdown — $40K in both cities

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

Expense
Rapid City
$40K
Medellín
$40K (same salary)
Monthly take-home$2,728$2,728
1BR rent$1,200$500
Groceries$365$380
Transport$40$150
Utilities$148$55
Internet$65$30
Left after essentials$910/month$1,613/month
To match your Rapid City purchasing power in Medellín, you'd need to earn $15,909/year (60% less than $40K). At that salary, you'd have $-30/mo left after essentials — vs $910/mo in Rapid City.

Frequently asked questions

What is $40K in Rapid City equivalent to in Medellín?

$40K in Rapid City (COL index 88) has the same purchasing power as $15,909 in Medellín (COL index 35). That's 60% less than your current salary.

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

Yes. If you keep earning $40K after moving to Medellín, you'd have $703 more per month after core expenses — because Medellín is cheaper than Rapid City.

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 × (35 ÷ 88) = $15,909. 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