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Merida, Mexico

Is the cost of living in Mexico high?

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Welcome Home Mexico
Welcome Home Mexico

We asked people how much they someone comfortably live on in Mexico, they wrote...

"I live in San Miguel de Allende and this is a tourist and expat destination with a dollar economy. Supermarket and utility prices are on par with the rest of Mexico but rents, wages for staff and service providers are high. A meal in a mid market restaurant will cost $US100 for 2 without going overboard and nearer US200 if you go for expensive cocktails, brandy or tequila. Rents var enormously depending upon location so you can find a 3 bed house in a so so area for US$450 but in a better area will be $900-1200 and in the historic center the sky the limit. Medical costs - a consultation with a general doctor or specialist US$40-50, blood/urine analysis US$100. Excellent medical services but if you need hospitalisation, long term cancer treatment etc you need to budget US$1m+ say for 5 years of chemo, radio, surgery and end of life care. Although private medical care is far less expensive than in developed countries it soon adds up and for me at age 68 in pretty good health, medical expenses insurance premiums and pay as you go represent 30% of my monthly expenditure. For young families you must budget for private education and medical/dental care," said another expat in Mexico.

"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," wrote a member who made the move to Lake Chapala, Mexico.

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Welcome Home Mexico occupies a niche in the market as a successful relocation and real estate firm helping expats moving to Mexico! As seen on CBS news, PBS, in the L.A. Times and more, we are one of the leading companies in this field. Welcome Home Mexico offers a wide range of services, multi-lingual knowledgeable brokers with experience, efficient and professional service.
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Is the cost of living in Mexico high?

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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.

Merida, Mexico

Welcome Home Mexico
Welcome Home Mexico

Welcome Home Mexico helps you find the perfect home in Mexico.
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Welcome Home MexicoWelcome Home Mexico

Welcome Home Mexico helps you find the perfect home in Mexico.
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