Cost of Living in Mexico
Hi Shoes;
Just to reiterate a note I made months ago. Cost of living in Mexico. Take your life style and cost to maintain that in most places in USA, excepting some big inner cities like NYC, Chicago, Boston, et. and then.....
1. Baja Norte is about 25% cheaper than living in San Diego, CA.
2. Central Mexico, excepting Mexico City is about 50% cheaper than San Diego.
3. Southern Mexico, Oaxaca, Guererro, I guess as I am now reading even Yucatan etc. even
cheaper.
Another way to look at it. I was self employed part time before making the jump back into Mexico ( for 3rd time). and we were in our early 60's. Too young for Medicare. For Medical Ins. for an HMO they wanted $450.00/ mo. for each of us with a $500.00 deductible before they paid a cent each. Then $30.00 co-payment to see Doctors. I added that all up and it came to $11,800.00 before paying for deductibles and medicines.
I told me wife....."we're already on IMSS paying it since in our 50's like a travel accident insurance for visits to Mexico.....I said for $11,800.00 per year we can live in Mexico complete for that". Easy decision...we're moving to Mexico. Six months later after all the stress was gone, eating the very good tasting fruits and vegetables I threw out the high blood pressure medicine and got off the Statin Drugs too. Never looked back.
Oh, and Cabo San Lucas is NOT Mexico. That's what my wife tell's me (She's Mexican). We spent all of 20 minutes there one time....and she said "we're leaving this is not Mexico". It has more of a feeling of Newport Beach, CA. and ******'s in Blue Century 21 Blazers trying to sell you property that you as a Foreigner can't buy Fee Simple and at stupid prices , I outlived that 40 years ago when in the Newport Beach Area and it was still fun. I'm an old "Coaster". Now if you gave me a home in Orange County, I'd sell it within a month, and they think it's a great lifestyle?
Folk's contrary to popular believe the World is NOT running out of beach front property. Ah, but they'll convince you if you're from NOB that it is and try to rip you off. I couldn't believe it years ago my sister actually paid $150K USD for a higher up empty lot of 1.5 hectare over looking the Pacific in now where's Costa Rica. Ah, but they said it was exclusive property. I told her for same property here in Nayarit at same elevation she could have paid $15K USD, back then. Year's later she's still trying to sell it. You know, "Greater Fool Theory". Exclusive property? Yea, for the dumb and rich ******'s maybe?