Originally posted by MitchMan
It's still pretty cheap to live in Baja, all things considered, especially if you own your own casita.
My calculations say that, if you own your own casita, one adult can live quite well in Baja for $500 USD/month PLUS the cost of entertainment,
medical, and traveling away cost. Two people can live for $800 USD/month PLUS medical, entertainment, and cost of travel away from Baja. The $500 or
800 above includes food, Mexican medical ins, auto ins, cable TV and Internet, phone, electricity, propane, gasoline, prop taxes, Fido fee, water,
incidentals, clothing, auto repair, and some house maintenance.
I consider eating out as entertainment as it is not truly a necessity.
If you live extravagantly, insist on driving a gas guzzler to do basic around town driving instead of a small vehicle, do not budget at all, and avoid
being economical, sure you can ring up a lot of money, but if you do that, I don't see how you can say the cost of living in Baja is the same as
living in the USA. Also, one giant factor in the cost of living in USA Vs Baja is that in the Baja, you don't have the entertainment opportunities
like you do in the USA such as going to performing arts theatre, Laker games, Alicia Keyes concerts or pro football/baseball games. The towns are
small so there is no racking up miles or Auto repair, and who needs dry cleaned clothes, shoe repair, or a 3 piece suit? Come on, water utility is
$13 usd/mo, electricity is $0.10/KWH, and who needs a hot water heater in summer? I have 5.5 tons of mini-split A/C, but I can keep that to $60
USD/mo in Summer and down to $25 USD or less off season.
Also, set up your banking right and you can get top peso for your US dollars from the ATM, currently Visa Credit/Debit card exchange rate =13.4203, so
ATM rate should be 13.35 right this second with no fees. If you fail to do this, then you will pay 12.0 or worse which would be equivalent to paying
11% interest expense on all the money you spend per year.
The only things that are truly cheaper in Baja than in the USA are labor and cost of housing, and the big one is the inexpensive life style.
|