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Cost of Living in Cabo San Lucas, Mexico | Expat Exchange
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Cabo San Lucas

Cost of Living in Cabo San Lucas, Mexico

By Joshua Wood, LPC

Last updated on Jan 21, 2025

Summary: The cost of living in Cabo San Lucas, Mexico is generally considered to be quite affordable. A nice 1 bedroom apartment in the city can cost anywhere from $500 to $1,000 per month, while a nice 2 bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Cabo San Lucas can range from $10 to $20 per person.

Welcome Home Mexico
Welcome Home Mexico
Welcome Home Mexico
Welcome Home Mexico

Is the cost of living in Cabo San Lucas high?

We asked people how much they someone comfortably live on in Cabo San Lucas, they wrote:

"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 expat in Cabo San Lucas.

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Will I save money living 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," said one person in Cabo San Lucas.

What is the average cost of housing in Cabo San Lucas?

If you are thinking about moving to Cabo San Lucas, cost of living in probably a key consideration. Expats commented about the cost of housing:

"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," wrote a person living in Cabo San Lucas.

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Learn MoreGet Quote

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What are typical rental prices for expats 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," said one expat living in Cabo San Lucas.

What appliances are typically included in a rental?

We asked foreigners in Cabo San Lucas 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 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 an expat in Cabo San Lucas.

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.

Cabo San Lucas
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