Cost of Living in Lake Chapala, Mexico

Last updated on Apr 14, 2023

Summary: The cost of living in Lake Chapala, Mexico is generally quite affordable. A nice 1 bedroom apartment can cost anywhere from $400 to $600 USD per month, while a nice 2 bedroom apartment can cost from $500 to $800 USD per month. Dinner at a moderately priced restaurant can cost around $15 USD per person.

Is the cost of living in Lake Chapala high?

We asked people how much they someone comfortably live on in Lake Chapala, 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," wrote a 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.

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Will I save money living in Lake Chapala?

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About the Author

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.