Cost of Living in Cabo San Lucas, Mexico

"Cabo San Lucas is well known for being an affordable destination and its cost of living is no exception. The cost of basic goods, such as groceries, are lower than other cities in Mexico, and dining out at local restaurants is also quite inexpensive. Renting or buying an apartment or house can be expensive, however, and utility costs in Mexico tend to be higher than in many other countries. On the whole, however, living in Cabo San Lucas can be quite affordable," said one person in Cabo San Lucas.

"Living in Cabo San Lucas could be significantly less expensive than living in the United States due to the lower cost of living, including groceries, utilities, rent and entertainment. Additionally, Mexico has lower taxes, including income tax and sales tax, which could mean a reduction in overall expenses. Furthermore, the Mexican Peso is generally weaker than the US Dollar, meaning even more bang for your buck when converting currencies," explained one expat.

"The average cost of housing in Cabo San Lucas is typically higher than other areas in Mexico, with prices ranging from moderately expensive to very expensive depending on the size and location of the property. Vacation rentals tend to be more expensive than long-term rentals, while single-family homes in gated communities tend to be the most expensive housing option," said one expat in Cabo San Lucas.

"The rental price for a nice 1 bedroom apartment in Cabo San Lucas is generally between $800 and $1500 US Dollars per month. The rental price for a nice 2 bedroom apartment in Cabo San Lucas, Mexico is typically between $1000 and $2000 US Dollars per month," mentioned one expat in Cabo San Lucas.

"Rental properties in Cabo San Lucas typically include an oven, refrigerator, washing machine, and dryer. Most properties also include a microwave, toaster, and coffee maker. Air conditioning is usually provided, and some properties may also feature outdoor barbecues and Jacuzzis," said one expat.