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Cost of Living in Costa Rica | Expat Exchange
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Puntarenas, Costa Rica

Cost of Living in Costa Rica

By Joshua Wood, LPC

Last updated on Mar 01, 2024

Summary: The cost of living in Costa Rica is generally considered to be quite affordable. A nice 1 bedroom apartment can cost anywhere from $500 to $1,000 per month, while a nice 2 bedroom apartment can cost anywhere from $700 to $1,500 per month. The cost of dinner at a moderately priced restaurant can range from $10 to $20 per person.

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Is the cost of living in Costa Rica high?

We asked people how much they someone comfortably live on in Costa Rica, they wrote:

"The cost of living in Costa Rica varies depending on a variety of factors such as location, lifestyle and budget. Generally speaking, it is moderate compared to North America or Europe, but the cost can be higher in certain areas or for certain items. Living expenses in popular tourist destinations like San Jose, the capital, are higher, but living costs are lower in smaller towns and rural areas. The cost of food and groceries is generally lower than in North American countries. Average rent prices depend on the size and location of the house or apartment, but can be very affordable in some areas. Transportation costs are also relatively low overall," said one person in Costa Rica.

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Will I save money living in Costa Rica?

"Living in Costa Rica can allow you to save money if you are willing to make lifestyle changes to accommodate a lower cost of living. Costa Rica's cost of living is lower than that of the United States in many areas, such as food, clothing and utilities, allowing those who choose to live there the opportunity to save money. Additionally, affordable healthcare, childcare and other services are widely available, providing an increased potential for cost savings. Furthermore, the exchange rate between the U.S. dollar and Costa Rican Colón also works in favor of those looking to stretch their dollars further," said one expat in Costa Rica.

"I have lived in Grecia, in the central valley, for 12 years. Over the last year the cost of rental houses has increased dramatically. Currently there is very little inventory on the "ridges", the hills of Grecia. Consequently, the prices have increased. This area is no longer affordable for many people on a fixed income," remarked one in Costa Rica.

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What is the average cost of housing in Costa Rica?

If you are thinking about moving to Costa Rica, cost of living in probably a key consideration. Expats commented about the cost of housing:

"Much much lower both in terms of cost of buying and maintenance (e.g. electricity, internet much cheaper, water, etc.). Also housekeeper, for example is only 3,000 colones an hour ($4.67)! Ridiculous! We doubled her "salary" from the start. And monthly condominium fee are only $ 400/month vs. $800-1200/month in CA. Wow," said one person in Escazu.

"Much, much lower. I wouldn't pay more than $300 per month in rent for a house in this area," remarked one expat in San Marcos, Tarrazú.

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RelocateNow Costa Rica's clients who run through the RelocateNow Program get quick results in formulating and successfully executing our laid out plan for moving to Costa Rica! Expert consulting for future expats in Costa Rica who wish to fast track the process of their move by receiving the specialized information they need, trustworthy connections within the country, and high level 1:1 support through the entire process.

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What are typical rental prices for expats in Costa Rica?

"The rental price for a nice one bedroom apartment in Costa Rica can range from around $500 to $2,000 per month, while the rental price for a nice two bedroom apartment can range from around $700 to $2,500 per month," said an expat in Costa Rica.

"$1000 per month will be a condo with lesser amenities, smaller square footage, pool access, security. At this price range or slightly less, you will be expected to pay for electric but generally cable, wáter and internet is provided. At the $1,200 - $2,000 price point, an upper scale condo or a private home. The condo will have pool access, security, upscale appliances and a spacious layout. Generally three bedrooms and Americanized features. You most likely will be responsible for the electricity payment with cable/water, internet included. Over $2,000 - $3,000, you will find larger homes and upper scale condominiums. You will definitely have Americanized features such as upscale kitchens, bathrooms, furnishings, exclusive security, covered parking. Your utilities may be covered as some condos have "cooling towers" for air conditioning which will substantially reduce individual electric bills. The maintentance fees for these rental units are high so be aware if you are responsable for any portion of maintenance fees especially with these types of rental units. In condo complexes with buildings of several floors, the higher floors will have higher rental rates as these are the most popular and exclusive. Penthouse units will have exclusive entrances and these will be of the highest price range," commented one expat living in Playa Jaco (Jaco Beach), Costa Rica.

What appliances are typically included in a rental?

We asked foreigners in Costa Rica what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Generally rental properties are fully applianced. Lower scale rental units will have the basics, no dishwasher, possibly only a stove top and not an oven. A washer may be included but generally not a dryer. On the higher end scale, these will be fully appliances with American style refrigerator, stove/oven, dishwasher, microwave and washer/dryer. Be especially observant if the condo complex has a community área with tables, chairs, sink/wáter availability, bathrooms and BBQ grill. This is especially attractive for entertaining friends and family," remarked one expat in Playa Jaco (Jaco Beach).

"In Costa Rica, the typical appliances found in a rental property include a fridge, stove, washing machine, and air conditioning. In some cases, additional items such as a dishwasher, clothes dryer, and microwave may also be provided. Utilities such as electricity and water will also generally be included in the cost of rent," remarked one expat living in Costa Rica.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Puntarenas, Costa Rica
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