Cost of Living in San Miguel de Allende, Mexico
Last updated on Jan 23, 2025
Summary: The cost of living in San Miguel de Allende, Mexico is generally considered to be quite affordable. A nice one bedroom apartment in the city can cost anywhere from $400 to $800 per month in US Dollars, while a nice two bedroom apartment can cost anywhere from $600 to $1,200 per month. The cost of dinner at a moderately priced restaurant in San Miguel de Allende is usually around $15 to $20 per person in US Dollars.
Is the cost of living in San Miguel de Allende high?
We asked people how much they someone comfortably live on in San Miguel de Allende, they wrote:
"San Miguel de Allende is an increasingly popular expat destination due to its low cost of living. Rent and utilities are especially inexpensive when compared to many other places in Mexico and abroad. Groceries, transportation, and entertainment are also relatively low-cost, all in all making San Miguel de Allende an attractive option for budget-minded travelers," wrote a person living in San Miguel de Allende.
"San Miguel de Allende is now one of the more expensive locations in Mexico with prices recently reported as being higher than many of the beach resorts. The town is promoted by the local politicians as an "up market" destination and it is no longer the ideal destination for ex-pats on limited budgets that it was 20 to 30 years ago. The plans to develop an international airport just outside the city will further drive this type of tourism. Obviously, it is possible to live cheaply if you avoid renting near the historic center and go for one of the more "popular" non-expat colonias. Shopping in local markets and avoiding eating out too much can also minimize expenses. The recent strength of the peso combined with high inflation has also made Mexico more expensive for ex-pats," explained one expat living in San Miguel de Allende.
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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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Will I save money living in San Miguel de Allende?
"Many expats living in San Miguel de Allende report that their cost of living is significantly less than that of the United States. With the current exchange rate, goods and services in Mexico are typically much cheaper than in the U.S., resulting in considerable savings for those living abroad. Additionally, the cost of rent and housing in San Miguel de Allende is quite low compared to U.S. standards, making it an attractive option for budget-minded expats. All in all, San Miguel de Allende offers significant savings for those looking to live abroad," remarked one in San Miguel de Allende.
What is the average cost of housing in San Miguel de Allende?
If you are thinking about moving to San Miguel de Allende, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in San Miguel de Allende is generally considered to be relatively high, with prices varying depending on the size and location of the property. However, there are still a variety of housing options available for those with a variety of budgets, from modest apartments starting in the low millions of Mexican pesos to luxurious homes that can cost in the tens of millions," said one expat in San Miguel de Allende.
![Welcome Home Mexico](https://www.expatexchange.com/images/welcome-home-mexico-250-111.jpg)
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.
Click connect to have our partner contact you via e-mail and/or phone.
![Welcome Home Mexico](https://www.expatexchange.com/images/welcome-home-mexico-250-111.jpg)
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.
Click connect to have our partner contact you via e-mail and/or phone.
What are typical rental prices for expats in San Miguel de Allende?
"The rental price for a nice 1 bedroom apartment in San Miguel de Allende is typically around $500 to $700 per month. A nice 2 bedroom apartment typically costs around $700 to $1000 per month," said one expat living in San Miguel de Allende.
What appliances are typically included in a rental?
We asked foreigners in San Miguel de Allende what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in San Miguel de Allende typically include an oven, a refrigerator, a dishwasher, an air-conditioner, a washing machine, and a dryer. Additionally, some rental properties may include other amenities such as a microwave, a toaster oven, a coffee maker, and televisions," remarked one expat living in San Miguel de Allende.
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.
Other Questions:
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