Cost of Living in Lake Chapala, Mexico
Last updated on Apr 14, 2023
Summary: The cost of living in Lake Chapala, Mexico is generally quite affordable. A nice 1 bedroom apartment can cost anywhere from $400 to $600 USD per month, while a nice 2 bedroom apartment can cost from $500 to $800 USD per month. Dinner at a moderately priced restaurant can cost around $15 USD per person.
Is the cost of living in Lake Chapala high?
We asked people how much they someone comfortably live on in Lake Chapala, they wrote:
"That is such a personal question. I recommend that people housesit in the community they are thinking of retiring in so they can gauge costs, safety, reliability of utilities, etc," remarked one in Lake Chapala.
"If one buys local or Mexican brands, food is relatively inexpensive. Eating out is 1/2 or less than in the U.S.
The cost of living monthly is dependent on:
a. If you own a home.
b. your lifestyle.
We projected that we will save between $8 -10,000 annually by living here.
Gone are the $150/mo. water and sewer bills and the $180 / gas and electricity. Every little bit of savings adds up,"
explained one expat.
"The cost of living in Lake Chapala is generally lower than many other locations in the world. Grocery items are generally less expensive than in the US, and eating out is often cheaper as well. Utilities, such as electricity and water, are typically less costly too. There are also many real estate opportunities available at very reasonable prices. All in all, living in Lake Chapala can be very affordable," said one person in Lake Chapala.
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Will I save money living in Lake Chapala?
"Living in Lake Chapala can be significantly more affordable than living in the United States. The cost of living is lower, including the price of groceries, restaurants, and services. Utilities, such as electricity and water, are cheaper as well. Property taxes and other taxes are lower, meaning more of your money stays in your pocket. In addition, some domestic services such as housekeeping, gardening and deliveries are more affordable in Lake Chapala as they are substantially cheaper than U.S. equivalents. With all of these cost savings, many people are able to stretch their budget further than if they were living in the United States," remarked one expat in Lake Chapala.
"Mexico stretches my dollar considerably! For example, I joined a fantastic gym and get 3 personal training sessions per week -- for about $63 US/month," explained one expat living in Lake Chapala.
What is the average cost of housing in Lake Chapala?
If you are thinking about moving to Lake Chapala, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Much lower than in Washington state. Taxes are minimal but utilities (electricity) is rather expensive... Based on the former occupant's usage, we opted to install solar. This was a significant amount but with a 3-4 year pay back...We are able to have a maid, gardener and pool guy which we certainly couldn't afford up north... Eating out is inexpensive and about 1/2 of what it would cost NOB. The average cost of housing depends a lot on the area one chooses. The closer to Ajijic center the more expensive. Houses with views (which we have) command a higher price tag... We were looking in the $3-400,000 range and there is a good supply at these prices," explained one expat.
"The housing costs here are much less than in the US. Taxes and utilities are very, very reasonable and there is no need for A/C or a Furnace since the climate is perfect. Upkeep is simple masonry, plaster & paint with labor costs being very reasonable. This house would rent for $550-600/month, but we recently rented a very nice older house for friends at $450/month for a winter visit. Those are hard to find," said one person in Ajijic, Lake Chapala.
"Much lower. We pay our property taxes and water yearly. Our taxes are $699 MX and water is $1000 MX per year. Electricity is expensive in Mexico but still less than the US and is paid every other month. We have our propane tank filled on the off month and runs about $1600 MX for 2 months. Phone and internet is $600 MX per month and that is with unlimited long distanse. We have satelite which comes out of Canada. They have grocery stores that carry US products but it is imported and therefore expensive. Produce, eggs, meat, chicken and fish is amazing and reasonable. You can pay as much as you want or as little as you have for a house and find something to fit your needs," remarked one expat in Lake Chapala.
"The cost of housing in Lake Chapala varies depending on the type of housing that you are looking for. On average, you can find basic living accommodations such as a one or two bedroom apartment for around 600-1,000 USD a month. For larger homes, the cost can climb up to around 2,500 to 4,000 USD a month," explained one expat living in Lake Chapala.
What are typical rental prices for expats in Lake Chapala?
"Renting a nice 1 bedroom apartment in Lake Chapala typically costs between 800-1300 USD per month. When renting a larger 2 bedroom apartment, the average cost can range from 1400-1800 USD per month," commented one expat living in Lake Chapala, Mexico.
What appliances are typically included in a rental?
We asked foreigners in Lake Chapala 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:
"Many rental properties in Lake Chapala have a refrigerator and stove as standard appliances. Washing machines and dryers may also be included depending on the property. Other common appliances in rental properties in Lake Chapala include ovens, dishwashers, and microwave ovens. Further amenities such as air conditioning and hot water heating may also be included in the rental," commented one expat who moved to Lake Chapala.
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:
- What do I need to know before moving to Lake Chapala?
- What is a typical expat home or apartment like in Lake Chapala?
- What is the average cost of housing in Lake Chapala?
- How do I meet people in Lake Chapala?
- What do I need to know before retiring in Lake Chapala?
- What should I pack when moving to Lake Chapala?
- Where should I setup a bank account in Lake Chapala?
- Will I be able to find a job in Lake Chapala?
- What is life like as an expat in your area?
- What do people like (and dislike) about Lake Chapala?
- What type of social life can someone expect in Lake Chapala?
- What is the social scene like in Lake Chapala?
- What advice to expats in Lake Chapala have about housing?
- What are medical services in Lake Chapala like?
- Are healthcare and health insurance expensive in Lake Chapala?
- Is the cost of living in Lake Chapala high?
- What are the visa & residency requirements in Lake Chapala?
- Why do people move to Lake Chapala?