Is the cost of living in Mexico high?
We asked people how much they someone comfortably live on in Mexico, they wrote:
"That is such a personal question. I recommend that people housesit in the community they are thinking of retiring in so they can gauge costs, safety, reliability of utilities, etc,"
added another person living in Lake Chapala.
"If one buys local or Mexican brands, food is relatively inexpensive. Eating out is 1/2 or less than in the U.S.
The cost of living monthly is dependent on:
a. If you own a home.
b. your lifestyle.
We projected that we will save between $8 -10,000 annually by living here.
Gone are the $150/mo. water and sewer bills and the $180 / gas and electricity. Every little bit of savings adds up,"
explained one expat living in Ajijic.
"I think that is a very personal question. You CAN find rental houses for about 5000 pesos per month, plus power and water, telephone and satellite. Then it depends on wether you eat the local fruits and vegetables or want something imported.
Beer and alchohol are very reasonably priced, walking on the beach is free. I expect that for about 1000.00 US a person could live here comfortably. For 2000.00 you can live VERY well,"
said another in Manzanillo.
Will I save money living in Mexico?