What is the average cost of housing in Mexico?
If you are thinking about moving to Mexico, cost of living in probably a key consideration. Expats commented about the cost of housing...
"I purchased a pre construction condo right on the beach built by the best developer on the Baja. It has tons of amenities and beautiful ocean views. I paid $350,000 before I upgraded it. I wanted to be close to my Son and 6 month old grandson and could not afford or want to afford anything in the San Diego area. Where else on the West coast could I have done this? The Condo just South of downtown Rosarito is 1 hour away from my son's house coming back into Mexico and maybe an hour and 45 minutes going there on a good day. Much better than my 5-6 hour drive from Las Vegas. I already have equity in the condo since prices have climbed. I love Mexico, the people and the food! If you are contemplating this go rent there for a while and check it out but come with an open mind. It is Mexico not the US so don't expect much to be the same but be open to new adventures. You only live once," commented one expat who made the move to Rosarito, Mexico.
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"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 another expat in Lake Chapala, Mexico.
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Other Questions:
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- Are foreigners allowed to own property in Mexico?
- What appliances are typically included in a rental?
What is the average cost of housing 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.