Please suggest with the knowledge you have learned between the pros and cons in Thailand versus Mexico? Rough surf is too dangerous for me. Rending my 1 bedroom condo at US$75 a week. They handle rentals too and are fantastic resources on any city mentioned. Generally speaking, rent in South Africa should ran between $300 - $700 USD, allowing for a very low cost of living. Hi Tom! I want out of this rat race. Interesting question, and not one where I will have a lot of firm ideas here as its a bit outside of my wheelhouse. The absolute cheapest way to eat in Mexico is by onlybuying locally grown and produced foodat farmers markets, and then cooking yourself. Im hoping we can make the move before retirement age, so we have more years to enjoy our time there. So, the apartment was 4,500 pesos per month ( $375 at the time) which is on the high-end for a studio in my town but the price included all utilities and really strong internet, which is essential for my online work. Living in Ecuador was difficult for me from a language standpoint. See if you can organize a work-to-stay job with a hostel, where you work a few hours at the front desk in exchange for free accommodations! Sounds fancy. Average Cost to Retire in Mexico. Horses are still integral to the way that many Mexicans run their farms, so there is absolutely a horse culture that you can tap into once you are there. In response to numerous emails asking about the differences between the handful of towns north of Puerto Vallarta, heres Cliffs Notes summary of the differences in case youre sussing out which is better for you. Huatulco has several beautiful bays and is a very pleasant resort thats never overcrowded. And yes, sadly expats do live a very different life here than some locals. For example, I was living in Tulum and spending $900 per month on a studio apartment, and I had a friend who was 45-minutes inland in Valladolid only spending $150 per month on a 1-bedroom apartment! I am quite spoiled where I live now with fiber and regular speeds in the 300-500GB range and I know I wont get speeds like that in Mexico but wanting some reasonable idea of what it is like there. I would be willing to pay for good internet and as far as power is concerned I am adept at setting up solar/battery/generator to make sure I always have enough to meet simple energy needs to so although it might take a bit of work and money to get it right, maybe it would work out. Im just curious what that $4000CSD goes towards without prying into your personal life. Wide, clearly marked, well-maintained roads and highways are easy to navigate and drive. The plane flights are affordable, I speak the language, and I enjoy the culture. What part of town do you suggest? What Im not going to tolerate anymore or if I dont want to do something I dont have to.. First off, Mexico is a big country. Puerto Vallarta and surrounding communities are generally pricier than spots in Oaxaca, and perhaps on par with places like San Miguel de Allende. .fullwidth-signup{ What is PM? Most ex-pats, especially retirees, would agree that medical care rates up at the top of the list for Must Haves. I have visited there a few times, and I love it, despite some of the negative parts of the city, and state of Guerrero. OOP Medical $100.00 Is Mexico different? overflow: unset; You will surely have an easier time getting settled with dual citizenship. I make a small commission on purchases you make through a select few product linksthis keeps ALA ad-free and never affects my recommendations. There are something ethical quandaries to that whole lifestyle, but note that just about anywhere in the world lifes a bit nicer when you are among the richest. Vamos. A few expats also taught English for a small stipend at Entre Amigos, the community center. . I am not a partier. Durango is a fresh . So, when youre ready to return, there is surely going to be an affordable quiet life still there and waiting. Thank you. Is it possible to live in Mexico and blow through thousands of dollars a day? We love exploring and taking amazing photos.. 1300 per month. Viva la Mexico We have internet, telephone etc. CFE, ZGAS, CAPA, and Fidi? And the motivations for some of the expats for being in Thailand arent hugely compatible with my own lifestyle. There's something for everyone's needs and budget. The only difference was I booked off Airbnb and I was getting aforeigner priceand she booked off of a Facebook group. Is it possible to live in Mexico and be frugal? This is great, thanks so much! I will be taking an early retirement package in the next few months and plan on moving to a beach destination in Mexico for retirement. San Pancho is a tiny town so youll be good with whatever you find in town. There are some very conservative areas of Mexico though, so I would not extend whatever you find out to apply across the board. Sign in to access your subscriptions and subscriber-only content. Storage spaces are expensive and you can easily buy everything you need in Mexico. well, I am a retired man, 65 this year. We shop at Walmart or Leys. I am far from an authority on this topic, but the Yucatan in general is among the more progressive areas of Mexico and I cannot envision you facing major challenges. I can pick and choose my contracts and companies I teach through., One of the biggest perks Robin didnt see coming was the personal discoveries that living abroad blessed her with. Its all relative. Very few Ecuadorians speak English- not even the vast majority of university professors- and its tough with only basic Spanish skills. Her tips and wise words of advice were this: Just go and enjoy this gorgeous country and its wonderful people! My dream is to travel the world in 3 years, I was planning to travel with my husband but unfortunately our relationship ended recently. HOA dues $200.00 If you have the time, we recommend visiting the country first to get a sense of where you'd like to live. No place is perfect, but for $750 a month, nightly sunsets, lots of friends, and tasty tacos Ill return to Mexico soon. My costs are moderate and honest. I discovered photography and I love it! she beamed. display: block; He rents a two-bedroom, two-bathroom house for $580 a month; a one-bedroom house . Hi guys my husband and I currently own an apartment building in Mahahual. It can be very cool in Dec/Jan, but it does get humid and warm by July! You can use them to travel within a city, or between cities, and theres no set route its all word of mouth. Hi Shannon! In 20 Minutes You Can Start Speaking Spanish. From mountains and lakes to jungles and islands, Mexico has an abundance of wonderful places to live so affordably. This is a list of 130 countries where you can live for under 500 United States dollars per month. Robin and Marty on a hilltop at Valle de Bravo. The moves come as Wall Street closed out a losing . Not $4,000 nor $745 mthly. And, in fact, they have always been included in my rent even in other areas of Mexico. I think you pay too much for rent, because you are very close to the beach. They built a love project side business doing drone photography. That is it. The good news is, in certain parts of Mexico its still possible to live and travel on just $500 a month! Both Tulum and Puerto Morelos are medium-sized beach towns, not too small and you can find good food and drink options go further down the coast to Mahahual for a much smaller town that is more similar to San Pancho nice local feel, a few good restaurants, and a slow pace of life near the beach. If you are interested in smaller towns, you could rent a car and do a road trip of the Yucatan to find one that feels right for what you want. The U.S. federal minimum wage is $7.25 per hourand its double that in some statesmeaning if workers can send even a portion of their daily earnings home to family in Mexico, it represents a huge sum. If youre staying in a larger city or hopping around visiting different places, youre going to be spending money on transportation. I will share with you how I lived in Cuernavaca, Mexico for less than $500 USD a month. The ADO bus is considered the first class bus in Mexico because theyre mostly nice, new, and set up for long-distance travel. My other thought is that Costa Rica would surely make for an excellent first-time experience. Thank you! I like active places like Puerto Vallarta where theres modern conveniences and more choices. display: table; 4. HA! The rent is $420 per month, not including. I dont have a CR guide, but I think you could plan a great trip using the information on these two sites, Nomadic Matt and Two Weeks in Costa Rica. There are many other beaches driveable, some ruins, old stuff to look at, etc if youre keen to explore. And if you keep ties to the U.S., you will spend far less on flights and visits home every year, which can add up a lot when its more than a grand round trip every time to you go from the U.S. to Asia. just wondering how you did the move and any obstacles, i was thinking of puerto vallarta area. Hmmm, maybe Mexico isnt going to be for me, after all. But the Mexican lifestyle can be a great experience. As a U.S. citizen, I receive a six month visa on arrival automatically, and this can be reset simply by crossing a border and coming back indefinitely. Mexico also has a very generous visa policysix months on arrival for Americans, which helps keep total living costs low. And for leaving San Pancho, Puerto Vallarta is about 45 minutes away and costs just a few dollars each way on the busthis is the closest big city. I am perpetually amazed on how people can live on 7 or 800 dollars per month. Mexico can be up to 50 percent cheaper than living in other North American countries, depending on the region. taxes etc. The basket of basic items for a couple in Mazatln will cost you about 21,000 pesos (US$1,100 per month) if you own your own apartment, and 27,000 pesos (about US$1,450) if you rent a house near the beach. Thank you for sharing your experiences and offering up so much detail for others who are looking to move to Mexico but arent sure which spots are the best fit for their situation. I dont drink or go out to eat so this is rather basic. Ah, good question! Even if you immerse and learn the local language, you may never become a part of the community fully. Even working part-time is enough to pay for the healthcare and extras they need. What's the #1 Thing Every Expat Says They Wish They'd Done Before Going to Latin America? I especially like Yelapa, because it is a very beautify bay within a larger protective bay (Banderas Bay). I have traveled extensively throughout Mexico and find it a wonderful country the more one learns the more fun one has, for certain!!! Do you have any idea where I can go or refer me to interesting blog or websites ? I only have to work part-time instead of 40 to 60 hours a week. Youve lived so cheaply in China and in a small town North of Guayabitos as I drove through those towns near Guayabitos I remembered you lived in one of them. Why would you need this much unless you run a company or some such? For $1300 a month they lived very comfortably. Very affordable. I rent a basic apartment. If I could meet expats on my way it would be great ! Bowen says his monthly budget of $2,500 is covered by his Social Security check of $1,800 plus investment income. This was very helpful. .signup-row:after { That way they have time to really explore different areas of Mexico. Also, I think you should consider writing a book about where you have been along with the information. I just read that you can still get a 6-month visa online, but people trying to get one at the border have recently been subject to the whims of border agents. For a midrange hotel in Puerto Vallarta, look atHotel Mercurio. This is about 5000 per month. Lives in Mexico 3 y 500 usd is arround 10k pesos. Airfare $300.00 7. No more micromanaging bosses and if I want to take time off, I can. The three-bedroom, four-bathroom home is situated on a 5.6-acre lot in the gated Las Campanas development . Just curious about air conditioningdo you use it? There is a favorable visa policy in Mexico. Condo ins Bldg $0.83 My baseline (and total) costs to live in Mexico came in under $745 every month. For all the similarities in what type of communities you can find, after 1.5 years in Thailand, I understood that the culture gap would be nearly impossible to bridge in Thailand. Whats the price you put to your life? Clearly the financials are interesting. My landlords have always asked me to be very conscious of it, so I believe that the price can be very dear. In the supermarket a middle shelf bottle of Mezcal will cost you around $15.00 and a six pack of beer will cost you $5.00. Aloha and thank you for the excellent read. That being said, I chose to live on the far end of the main street very close the community center where I volunteered (and about a 10-minute walk from the beach). Every city or town has at least one, and you will only be able to find locally grown and produced food. Im all about the small towns, and I also dont party much so maybe San Pancho is next for me? My knowledge of Spanish and English is limited. I didnt see any mention in the article about that. But a vacation is never enough. This was a great read, thank you! Thanks! I have lived and worked from around the world for more than 15 years. Its a privilege to even have this ability, and I appreciate that Mexico has a lot to offer American expats. Haircuts $20.00 Just like everywhere, real estate costs vary, but the average housing purchase in Mexico in the first quarter of 2021 was just MXN310,750. With a few sacrifices in terms of lifestyle, you could cut your living expenses down to $500 per month and live relatively comfortably if you are on a tight budget. I havent paid to listen to music since I last purchased a CD in 1992. For those considering moving overseas without the chance for a retirement visa, the visa policy in Mexico is a big boon. Playa del Carmen 4. A lot of hostels take advantage of this loophole and offer free stays in exchange for volunteers working the front desk, or cleaning jobs, at their hostels. Thanks for this post! Simply enter your email address below and well send you a free special report Mexico: The Perfect Close-to-Home Retirement Haven. Your email address will not be published. Monthly Stays Near Me I liked the calm bay/surf in La Manzanilla but would like to explore other towns.Sayulita sounds promising. .jason-signup { But one thing's for sure about the Mrida Mexico cost of living. Ive been working north of the border since 2007, but my goal is to retire are age 55 and go live in Mexico on my pension. Whew, glad we got that out of the way. Early in the morning is Robins favorite time of day. Luckily, there are still places in Mexico where you can find hostel dorms and apartments at that price. With apartments going for 2-3x what they were before the pandemic. Thank you for that. Right now, the peso is roughly 20 pesos to 1 US dollar, and its hovered around there for more than five years (excluding those uncertain months at the start of the pandemic). For that reason, I recommend that you look to the Yucatan it has some incredible beaches, and jungles in the center with Mayan ruins truly an abundance of opportunity and I love the region so much that I took my nephews there on a three-week road-trip (I wrote up a guide to what we did here and a photo journey of it here). Jan. 1, 2013 -- intro: American couples can retire in comfort on a budget of less than $1,000 a month if they are willing to look overseas, according to a new report from the live-abroad . S. Hi Shannon, Your site is great and very interesting. Some of the beaches have very quiet, smooth water (Playa Entrega) in more protective portions of the bay. Even on Cozumel, Mexicos largest cruise port and a major tourist destination, there are plenty of places for a couple to enjoy a meal for $10 or less. The language, you may never become a part of the bay Ecuador was difficult for me, all. 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