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Expat Exchange - Cost of Living in Puerto Vallarta 2024
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Puerto Vallarta, Mexico


Cost of Living in Puerto Vallarta

By Joshua Wood, LPC

Welcome Home Mexico
Welcome Home Mexico

Summary: If you're moving to Puerto Vallarta, understanding the the cost of living in Puerto Vallarta helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Apartment Rentals Rent for a one-bedroom apartment in the city center of Puerto Vallarta averages around $500 USD per month. Rent for a three-bedroom apartment in the city center averages around $1,000 USD per month. Rent for a one-bedroom apartment outside of the city center averages around $400 USD per month. Rent for a three-bedroom apartment outside of the city center averages around $800 USD per month.
Apartment Purchases The cost of purchasing an apartment in Puerto Vallarta varies greatly depending on the size, location, and condition of the property. Prices for a one-bedroom apartment in the city center range from $50,000 USD to $150,000 USD. Prices for a three-bedroom apartment in the city center range from $100,000 USD to $300,000 USD. Prices for a one-bedroom apartment outside of the city center range from $30,000 USD to $100,000 USD. Prices for a three-bedroom apartment outside of the city center range from $60,000 USD to $200,000 USD.
Transportation Public transportation in Puerto Vallarta is inexpensive and reliable. A single bus ride costs around $0.50 USD. Taxis are also available and cost around $3.00 USD for a short ride. Car rentals are also available and cost around $30.00 USD per day.
Groceries Groceries in Puerto Vallarta are relatively inexpensive. A loaf of bread costs around $1.00 USD, a liter of milk costs around $1.50 USD, and a dozen eggs costs around $2.00 USD. Fruits and vegetables are also inexpensive and can be purchased at local markets for around $1.00 USD per pound.
Restaurants Eating out in Puerto Vallarta is relatively inexpensive. A meal at a mid-range restaurant costs around $10.00 USD per person. A meal at a fast food restaurant costs around $5.00 USD per person. A cup of coffee costs around $1.50 USD.
Utilities Utilities in Puerto Vallarta are relatively inexpensive. The average cost of electricity is around $50.00 USD per month. The average cost of water is around $20.00 USD per month. The average cost of internet is around $30.00 USD per month.
Private School Tuition Private school tuition in Puerto Vallarta varies depending on the school and the grade level. Preschool tuition averages around $200 USD per month. Elementary school tuition averages around $400 USD per month. Middle school tuition averages around $500 USD per month. High school tuition averages around $600 USD per month.

Monthly Budget for Retirees in Puerto Vallarta

"The cost of living in Puerto Vallarta can vary greatly depending on lifestyle. For basic necessities and amenities, living in Puerto Vallarta can be relatively affordable with average restaurant meals costing around 80-100 pesos and public transit fares around 8-10 pesos per ride. Rent prices depend on the location and size of the residence but can range from around $300-600 USD for a one bedroom apartment in a more residential area. Utility prices are relatively affordable when compared to other cities," said one expat living in Puerto Vallarta.

Can I live in Puerto Vallarta on $1,500 a month?

"I've been living in Puerto Vallarta for a while now, and I can tell you that it's definitely possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices and adjustments to your lifestyle. First, you'll need to find an affordable place to live. Some of the more expensive neighborhoods like Marina Vallarta, Conchas Chinas, and Amapas might be out of your budget, so I'd recommend looking into more affordable areas like 5 de Diciembre, Versalles, or even further out in neighborhoods like Pitillal or Las Aralias. You can find decent apartments or small houses in these areas for around $500 to $800 a month.Next, you'll need to adjust your expectations when it comes to dining out and entertainment. While there are plenty of high-end restaurants and bars in Puerto Vallarta, you'll need to stick to more budget-friendly options if you want to make your money last. There are plenty of delicious street food stands and local markets where you can get a meal for just a few dollars. You can also find affordable entertainment options like going to the beach, hiking, or attending local events and festivals.Transportation is another area where you can save money. Public transportation is quite affordable in Puerto Vallarta, with buses costing around $0.50 per ride. Taxis and Uber are also relatively inexpensive, but using them frequently can add up, so try to rely on public transportation as much as possible.As for other expenses, you'll need to be mindful of your utility usage, especially when it comes to air conditioning. Electricity can be quite expensive in Mexico, so try to use fans and natural ventilation as much as possible to keep your costs down. Groceries and other household items are generally affordable, especially if you shop at local markets and avoid imported products.In summary, living comfortably on $1,500 a month in Puerto Vallarta is possible, but you'll need to make some sacrifices and adjustments to your lifestyle. By choosing an affordable neighborhood, being mindful of your spending on dining and entertainment, and keeping an eye on your utility usage, you can make it work," commented an expat living in Puerto Vallarta.

Can I live in Puerto Vallarta on $3,500 a month?

"I've been living in Puerto Vallarta for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make some sacrifices in terms of the neighborhood you choose to live in and the type of housing you opt for.For example, some of the more upscale neighborhoods like Marina Vallarta and Conchas Chinas can be quite expensive, with rents for a nice condo or house easily going over $2,000 a month. If you want to live in these areas, you might have to settle for a smaller place or share with roommates to make it work within your budget.On the other hand, there are more affordable neighborhoods like Versalles, Fluvial Vallarta, and 5 de Diciembre, where you can find decent apartments or houses for around $800 to $1,200 a month. These areas are still close to the beach and have all the necessary amenities like supermarkets, restaurants, and public transportation, but they might not be as fancy or exclusive as the more expensive neighborhoods.In terms of other expenses, groceries and eating out are generally quite affordable in Puerto Vallarta. You can find local markets where you can buy fresh produce, meat, and fish at reasonable prices, and there are plenty of budget-friendly restaurants and street food options. Utilities like electricity, water, and internet are also relatively cheap, although you might have to be mindful of your electricity usage during the hot summer months when you'll likely be using the air conditioning a lot.One sacrifice you might have to make is in terms of transportation. While public transportation is available and affordable, it might not be as reliable or comfortable as you're used to. Many expats choose to rent or buy a car, which can be an additional expense, especially if you're living in a neighborhood with limited parking options.Overall, living in Puerto Vallarta on $3,000 a month is doable, but you'll have to be mindful of your housing choices and be willing to make some sacrifices in terms of neighborhood and transportation. But in exchange, you'll get to enjoy the beautiful beaches, vibrant culture, and laid-back lifestyle that this charming Mexican town has to offer," said one expat living in Puerto Vallarta.

Can I live in Puerto Vallarta on $5,000 a month?

"I've been living in Puerto Vallarta for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. Of course, you might have to make some sacrifices, but overall, I think you'll find that the quality of life here is quite good.One of the first things you'll want to consider is where you want to live. There are some more expensive neighborhoods, like Marina Vallarta and Conchas Chinas, where you might find it difficult to stick to your budget. However, there are plenty of more affordable options, like Versalles, Fluvial Vallarta, or even downtown (El Centro) if you don't mind living in a more bustling area.In terms of housing, you can find a nice 2-3 bedroom apartment or house in one of these more affordable neighborhoods for around $1,000 to $1,500 a month. This should leave you with plenty of money for utilities, groceries, and other expenses. Keep in mind that electricity can be a bit pricey, especially if you're running air conditioning a lot, so you might want to look for a place with ceiling fans or good ventilation to help keep costs down.As for transportation, you can get around pretty easily using public buses or taxis, which are quite affordable. If you prefer to have your own car, you can find a decent used vehicle for around $5,000 to $10,000, but keep in mind that gas prices are higher here than in the US.When it comes to food, you'll find that groceries are generally cheaper than in the US, especially if you shop at local markets and buy fresh produce. Eating out can be quite affordable as well, with many local restaurants offering delicious meals for under $10. Of course, if you want to dine at more upscale establishments, you'll need to budget for that, but it's still possible to enjoy a nice meal out without breaking the bank.One sacrifice you might have to make is in terms of entertainment and shopping. While there are plenty of things to do in Puerto Vallarta, you might find that some activities, like golfing or going to high-end spas, can be quite expensive. Similarly, if you're used to shopping at high-end stores, you might have to adjust your expectations, as there are fewer options for luxury shopping here.Overall, I think you'll find that living in Puerto Vallarta on $5,000 a month is quite doable, and you can still enjoy a comfortable lifestyle with modern amenities. Just be prepared to make some adjustments and prioritize your spending, and you should be able to make it work," commented an expat living in Puerto Vallarta.

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.


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