A reoccurring query about Costa Rica from these contemplating transferring, retiring or shopping for a second/trip house within the space is, “What’s the Costa Rica value of dwelling?”
Sure you’ll be able to nonetheless stay in Costa Rica for $700 a month … nevertheless it’s as much as you!
Under are two month-to-month budgets shared by native U.S. residents that now stay in Costa Rica. These budgets the place posted online by way of contributions to the Costa Rica Dwelling dialogue group. As you will note, there’s a extensive divide between what every contributor considers a snug life-style … which after all, drastically results the ultimate ‘value of dwelling’.
This can be a finances for 2 folks, dwelling in 3 bed room home in a mostly-safe San José neighborhood, having fun with a really good, middle-class life-style. We store on the feria (farmer’s market) and have a housekeeper are available as soon as weekly for five hours.” -Erin (as posted 07/22/08 on Costa Rica Dwelling)
FYI: The next prices got within the Costa Rica foreign money of the colon. Alternate fee on date of posting: ¢546 colónes = $1 USD
Lease: ¢185.000*
Water: ¢7.000
Electrical energy: ¢21.000 [revised]
Web [high-speed]: ¢20.000
Cable TV: ¢15.000
Telephone: ¢4.000
Cell Telephones (2 strains): ¢12.000
Groceries: ¢55.000
Bus: ¢10.000
Pharmacy: ¢8.000
Home Cleaning: ¢20.000
Leisure & Eating places: ¢75.000
[Miscellaneous]: ¢50.000
Sub-total utilizing public transportation: ¢482.000 (roughly $883.00/month)
One other Costa Rica Dwelling contributor added that Well being Insurance coverage obtainable by means of the Costa Rica “CAJA” medical system runs ¢28.000 for two folks over 55 (CAJA medical insurance coverage options; No Exclusions on account of Pre-existing Situations, No Deductibles, No Co-pays, No Out-of-Pocket Bills and most Prescribed Drugs at No Extra Prices).
Sub-total utilizing public transportation with full medical protection: ¢510.000 (approx. $934.00/month 도시형생활주택)
Proudly owning a car considerably will increase your value of dwelling, for simply the gasoline alone. Mounted prices for a 2 yr previous car with full protection car insurance coverage had been reported at ¢330.000 colónes for six months + the annual “marchamo” registration of ¢308.000 colónes. Present gasoline prices for light native driving is approximated at ¢50.000 month-to-month and oil modifications each 3,000 miles go for about ¢16.000 colónes.
Grand Complete – Costa Rica “Comfy” Price of Dwelling with car & healthcare: ¢646.000 (approx. $1,183.00/month)
“How about … the higher center finish of center class in Costa Rica? … The finances under is for 2 folks dwelling in a 3 bed 3.5 bathtub house with a pool and Jacuzzi. I’ve not included leisure outdoors the house … I’ve nevertheless included “Authorized bills” in my finances. It’s a incontrovertible fact that should you personal something in Costa Rica you’ll want a lawyer for every little thing… ” -The Consul (as posted 07/22/08 on Costa Rica Dwelling)
Home Mortgage: $1,400.00*
Condominium [Association] Charge: $190.00
Auto Insurance coverage: $125.00
Personal Well being Insurance coverage: $125.00
INS Insurance coverage: $28.00
Well being Upkeep: $150.00
Auto Gas: $400.00
Auto Upkeep: $75.00
Home Keeper [full time]: $293.58
Groceries: $513.77
Gardener: $40.00
Home telephone: $31.00
Cell Telephone: $15.00
Authorized: $500.00
Grand Complete – Costa Rica “Higher Center Suburb” Price of Dwelling: ¢2.118.060,75 (approx. $3,886.35/month)
So there you have got it … some are Costa Rica “middle-class” at $935/month and a few “higher center finish of center class” at $1,000/week.
My very own expertise in Costa Rica intently resembles the $1,200.00/month instance for 2 folks with an car and CAJA medical health insurance. My prices embody non-public bilingual main college for my son however exclude main purchases which can be doubtless one-time or restricted in recurrence reminiscent of home items, cars, and so forth.
When you think about most native Costa Rica households ‘comfortably’ exist on $700 or much less in whole month-to-month earnings, you understand these which can be in a position to spend larger than $1,000/month are doing O.Ok.
Backside Line: Prices of dwelling proceed to rise world extensive, however there is no such thing as a larger origin of the ultimate prices than an individual’s particular person life-style. Happiness is decisions and the power to pay for them within the place that you simply need to stay ;o)
¡Pura Vida!
*Many ex-pats personal their properties and cars outright having paid money on the time of buy by numerous means (ie: fairness from earlier or present U.S. properties, investment accounts, and so forth.). Leaving many retirees or relocated individuals with no month-to-month home or car funds. If this had been the case in each of the above examples, the prices of dwelling assuming every have car bills could be $844/month & $2,500/month respectively.
