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A Journey Into Paradise

The Real Cost of Living in Mexico’s Riviera Maya

23 June, 2014

Have you ever dreamed of living in a tropical paradise, where sun, sand and sea meet to create the ideal environment for a second home, retirement residence or a permanent relocation at any age? If so, Mexico’s Riviera Maya has everything you could ever desire, including modern infrastructure, a lower crime rate than most U.S. cities, affordable healthcare and a better quality of life – all set against the amazing backdrop of the Mexican Caribbean.

“Americans now make up more than three-quarters of Mexico’s roughly one million documented foreigners, up from around two-thirds in 2000,” writes the New York Times. “More Americans have been added to the population of Mexico over the past few years than Mexicans have been added to the population of the United States, according to government data in both nations.” 

In a cost of living comparison between Mexico and the United States, ndependent news source Numbeo.com found that consumer prices including rent are 92.71 percent higher in the U.S. than in Mexico,while groceries are around 70.67 percent higher and utilities are around 170.96 percent higher. In fact, you are likely to pay more than twice as much for the same bottle of wine or designer coffee in the U.S. than you would in Mexico,while a three-course meal for two at a mid-range restaurant is likely to run about 99.45 percent more when consumed in the U.S.

The reality is that ex-pats of all ages make the decision to move to Mexico for a variety of reasons and they come with a variety of different budgets. While the sky is the limit when it comes to luxury – especially in the Riviera Maya – it is also possible to live conservatively and still enjoy all that this fabulous region has to offer.

Space can be rented for as little as a few hundred dollars a month for basic living quarters,but even large opulent homes are available for rent or purchase at prices that are well below what buyers pay for similar properties in the U.S. or Europe. Annual property taxes are also very affordable, as are cleaning services, entertainment and landscaping services.

“Everyone seems to agree: The quality of your life improves in Mexico,” writes International Living. “Goods and services cost less, so you can afford the kinds of luxuries only the very wealthy enjoy up north – like a maid, a cook and a gardener.”

In addition, the Riviera Maya offers easy access to high-speed Internet service, cable TV and virtually every other creature comfort you’re used to having back home. In fact,this region of Mexico is home to Wal-Mart, Starbucks, English-speaking movie theatres,and a variety of other businesses that world travelers will immediately recognize.

Click here to learn more about buying property and moving to Mexico today!

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Topics: Real Estate Riviera Maya