Is the cost of living in Costa Rica high?
We asked people about the cost of living in Costa Rica, they wrote...
"Per capita GDP in Costa Rica is about a third as high as it is in the US, and the cost of living is commensurately lower. However, the prices of some goods are set at a global rather than a local level and the prices of others are actually higher owing to taxes and import costs. Realistically, the cost of living is about half as high as it is in a similar location in the US, although individual tastes and circumstances vary. As for a dollar amount, some expats say $2000/month is the minimum, though I think that's high and others think that's low. I will say that the pensionado minimum of $1000/month is doable, but pretty lean," mentioned another expat when asked about moving to San Jose, Costa Rica.
"The cost of living is less than most tourist towns. For example if you own a restaurant in a non-tourist town and your food is not good or overpriced, you will quickly go out of business. Yet many well know restaurants are located in Ojochal. Water is abundant and you never need heat and most don't use AC. The temperature is more temperate than many other areas in Costa Rica, because the largest lowland forest in all of the entire Pacific region starts in Ojochal and continues to the south. The largest mangrove estuary in all of Central America is just to the south as well - so there is lots of clean air. The newest hospital in the CAJA system is located just two towns to the south in Cortez -- so healthcare is close and inexpensive," commented one expat who made the move to Ojochal, Costa Rica.
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Is the cost of living in Costa Rica high?
If you live in Costa Rica, newcomers to Costa Rica would love to hear your answer to this question:
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.