luto
10/25/2016 20:01 EST
Would anyone happen to know what the cost of living might be like in Minas for a single person on SS? Any help would be appreciated..
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RickM
10/28/2016 06:51 EST
It's about the same as anywhere else in Uruguay as far as I know. I was there 3 weeks ago; the gas, beer, and hotel... were the same as MVD. I'm sure groceries are about the same too, unsure about rent but you can google that. Gas is still about $7 a gallon...
Your SS check won't take you too far, so I think it depends upon whether or not you're good at pinching pennies. If you're shopping at the Feria, if you can cut back significantly on using an automobile for transportation and if you can use about half the electricity you normally do - and maybe if you have a secondary income or another retirement plan, you can make it. Otherwise it might be tough, to be honest.
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Morell
10/28/2016 07:33 EST
My concern would be that if you can only just get by right now, what about in a few years with the double digit inflation here and the possible variation in the US/peso exchange ? I have seen it from around 19 to the dollar to over 30 to the dollar in the last four or five years. Several folk I know have left to go to cheaper places.
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LinLu
10/29/2016 14:35 EST
Being able to make it here in Uruguay on SS will depend on how much SS you receive. Another thing that will determine that is how much you have to pay for rent or if you own your own place. The rest is all doable with a small car you use when you need to. The last thing I want to comment on is that how easily you can live on your SS depends on what kind of lifestyle you want to have. Two of us are living on our SS in Punta del Este and it's very tight, but as time goes by we are finding the places where we get the best food for the best price, etc. It's not as expensive to live here as it is in some parts of the USA. But it depends on which part of the states you come from, and which part of Uruguay you move to. Our move from Northern Michigan to here has made everything except gasoline, either somewhat cheaper or a lot cheaper. But rent is a big price issue these days. It's easier to budget not using your car as much (I wouldn't be without one), but it's much harder to find rentals that are in line with a SS budget in general. If your SS is over $1500 as a single person, you should be fine in Minas. (my opinion).
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