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," said another expat in San Miguel de Allende, Mexico.