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expenses in mexico

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janice1950
12/26/2016 14:11 EST

Can someone tell me what I can expect to pay in the Riviera Maya corridor /Cozumel areas for rent, utilities, gas, cell phone ,water gasoline etc? Can I live comfortably on 1500-1700 monthly? Also,planning to buy a car like a jeep. What would that run? Lastly, I have two cats and a parrot. Planning to transport them. How is this best done? Thanks Janice

Rodrigo1974
12/26/2016 14:33 EST

$4000 USD a month if you want to live really comfortably, that is.

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sparksmex
12/26/2016 15:55 EST

I don't know about that area but I live well on 1300US a month. 4000 is way over the top

katwilo2
12/26/2016 16:01 EST

If this helps, I just looked this up. https://www.numbeo.com/cost-of-living/in/Cozumel-Mexico?displayCurrency=USD

katwilo2
12/26/2016 16:02 EST

Where do you live? All I have is my SS too and I get $1240 per month.

RVGRINGO
12/26/2016 16:43 EST

There are minimum income requirements for residence visas; approximately $1500 to $2000 USD per month, per person, for Residente Temporal and Residente Permanente.
Expenses on the Ribera Maya, or other tourist areas, will be higher than the more normal parts of Mexico. One soon tires of tourists and the touts that follow them.

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Launia
12/27/2016 16:31 EST

It was is important to consider is the visa. Can you get a visa?
I feel it would better to stay in the States and have Medicare. Here in mexico it can be verye expensive to be sick.

MexiScott
12/28/2016 18:25 EST

Take a look at the following website: http://qroo.us
or simply google: Two Expats Living in Mexico. They've got a great blog with info on cost of living including housing and transportation.

dwwhiteside
12/30/2016 16:19 EST

It is almost impossible for someone else to tell you what it will cost for you to live comfortably in Mexico. This is because everyone's definition of a comfortable living is different. For some, it might be a small one bedroom house or apartment with no yard or garage to speak of. For others, it might mean a 4000 sq ft house with large yard in a gated community. Obviously, the costs of those two "comfortable" livings will be different. But, there are a few things you should know.

There are income requirements to get a resident visa in Mexico. I am not sure what those are at this moment but, $1,300 USD per month per person is probably in the ballpark. And with that kind of money you can live quite well in many parts of Mexico. I am just not sure the Cozumel area is one of them. The tourist enclaves and resort areas are always going to be more expensive than the less frequented cities. And larger cities are going to cost more than smaller ones.

I am living in Colima and here you could live quite well on the minimum amount required for a visa; particularly if you have the money to purchase a home instead of renting. Here you can buy a nice size home, say around 1,800 sq ft in a decent (not gated) neighborhood for less than $2 million pesos (just under $100,000 USD). But even if you rent, you can find decent accommodations for $5,000 or $6,000 pesos a month ($250 - $300 USD).

Regarding the Jeep, I have not priced those here. But, it is possible to get a decent, late model used car (nothing fancy but serviceable) for $120,000 to $140,000 pesos ($6,000 to $7,000 USD). As for other expenses, we (my wife and I) spend less than $80 USD a week at the grocery store and maybe another $35 or so eating out. We may spend $20 a week on gas. Our electric bill is usually less than $4o per month and phone is about $20. All told, when adding in all the incidentals, we are probably spending about $1,100 to $1,200 USD per month without paying rent or a car payment.

oreo
3/9/2017 14:49 EST

This seems a little out of line. Certainly one can live there on a moderate income. What is it that pushes the cost so high?

MexJuan1
3/9/2017 16:02 EST

The Caribbean Sea! The weather/sun. More things to do than you'll ever have time in which to do them. Mexico!!!
If you feel that's high you'll need to look further inland, for the most part. You can find some inexpensive places in Merida where you're looking to be about 20 minutes drive from Progresso and the sea. I set myself up down here do as to not need a vehicle. I walk, ride a bicycle and take an inexpensive taxi or bus for longer trips. If you can do that, saving on a vehicle, fuel and insurance gives you a lot more money per month. You can imagine...

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datgnat
3/9/2017 22:27 EST

Here's a budget from a trusted source in Puerto Vallarta (which is a pricier coastal town):
http://lymantricia.blogspot.com

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