Mexico
Will I save money living in Mexico?
We asked expats if they save money living in Mexico. They said...
"Living in Mexico can be a cost-effective alternative to living in the United States. Many people report saving money through lower costs of housing, utilities, food, and transportation. Additionally, the cost of living in Mexico is generally lower than in the U.S., making it possible to enjoy a higher standard of living with a smaller budget. With the weaker peso, it is often possible to get more bang for your buck, or achieve greater purchasing power with the same amount of money," remarked another expat who made the move to Mexico.
"Initial indications are that living in Mexico will meet or exceed our expectations. Our motivation was to find a place where we could live within our income until such time as we may require assisted living... Having gone through a number of years of paying over $6,000 a month for a family member in assisted living was a big reason for our move. We didn't want to put this kind of burden on our children. Assisted living here, if needed, is affordable and the care meets or exceeds what we paid for earlier..," explained one expat living in Lake Chapala, Mexico.
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Other Questions:
- What do I need to know before retiring in Mexico?
- How do I meet people in Mexico?
- What is life like in Mexico?
- Is there a lot of crime in Mexico?
- Is there a lot of diversity? Are people in Mexico accepting of differences?
- What are the schools in Mexico like?
- Is the cost of living in Mexico high?
- What advice do you have for expats having a baby in Mexico?
- What are healthcare services like in Mexico?
- Is the cost of living in Mexico high?
- What type of recreational facilities are in Mexico?
- What is the weather like in Mexico?
- Are there good restaurants in Mexico?
- Where will I buy groceries and do other shopping in Mexico?
- What are the visa & residency requirements in Mexico?
- Are healthcare and health insurance expensive in Mexico?
- What do I need to know when buying property in Mexico?
- Are foreigners allowed to own property in Mexico?
- What appliances are typically included in a rental?
Will I save money living in Mexico?
If you live in Mexico, newcomers to Mexico would love to hear your answer to this question.
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.
