Cost of Living in Mexico
Everyone seems to agree: the quality of your life improves in Mexico. Things take longer…so you’ll need to learn to slow down. Goods and services cost less…so you can afford the kinds of luxuries only the very wealthy enjoy up north—like a maid, a cook, and a gardener.
And in Mexico you have the good fortune of giving up very little when you make your move. You’re heading to a near neighbor where you can get Internet, cable TV, and all the other comforts you’re used to…
Below is a sample monthly budget for two people:
|Housing (rental of a two-bedroom home)||$900|
|Utilities (electricity, gas, water, phone, cableTV, Internet)||$200|
|Entertainment (dining out and other activities)||$250|
|Health care (two people on IMSS insurance, plus $70 per month for incidentals)||$112|
|Household help: Maid: Three times a week, Gardener: Three times a week||$290|
|Total per month||$2,190|
Everyone’s lifestyle requirements are different. You could live on less. It’s possible to rent a place for $500 a month (or even less). If you don’t need a cable TV or Internet, you can save on those expenses.
*Prices as of 2016
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