Cost of Living in the Dominican Republic
Last updated on Dec 19, 2022
Summary: What is the cost of living in Dominican Rep? Expats, digital nomads and retirees living in Dominican Rep talk about the general living costs, the cost of housing and health insurance.
Is the cost of living in the Dominican Republic high?
We asked people how much they someone comfortably live on in the Dominican Republic, they wrote:
"The cost of living in the Dominican Republic is generally considered to be lower than in many other countries. Prices for housing, food, and other services tend to be quite affordable, especially when compared to North American or European countries," remarked another in Dominican Rep.
Will I save money living in the Dominican Republic?
"Living in the Dominican Republic can be relatively inexpensive and the cost of living can be low. Prices of basic necessities such as groceries, utilities, and rent can be significantly lower than other countries, making it a good option for budget conscious individuals. Additionally, taxes in the Dominican Republic are much lower compared to other countries, meaning that your income could stretch further. Depending on your lifestyle, you could potentially save money by living in the Dominican Republic," explained one expat.
What is the average cost of housing in the Dominican Republic?
If you are thinking about moving to the Dominican Republic, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in the Dominican Republic varies depending on the location and type of housing. Generally, rent prices tend to be lower than in many other countries while the cost of buying property is comparable to neighboring countries," explained one expat living in Dominican Rep.
"I live in Boca Chica and rent a 3 bedroom for $440/month. It's on a very good well so no water bill. Electricity here is iffy, but the last 3 or 4 months have been great with no major outages," said another expat in Santo Domingo.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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