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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
Member Is Offline
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| Quote: | Originally posted by fulano
If you want the Reader's Digest version of why the dollar is down agains the peso, it is because our Federal Reserve Bank is currently trying to
create a "soft landing" for the recession by keeping the dollar cheap against other currencies. Mexico and Canada's central banks are more interested
in keeping down inflation, so they are keeping their currencies stronger with higher interest rates.
That is why both the peso and the loonie have been stronger recently against the dollar. Yesterday the Mexican central bank, Banexico, raised the
prime rate to 8%. |
Or the other theory about combining the 3 currencies into a single currency like Europe did with the euro.
I think the world is run by C- students.
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Bajafun777
Super Nomad
Posts: 1103
Registered: 9-13-2006
Location: Rosarito & California
Member Is Offline
Mood: Enjoying Life with Wife In Mexico, Easy on The Easy
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Well, I have had friends retire into Baja and to the Mainland. Guess which one is really cheaper. Now, it looks like the graph goes high with the
U.S. then to Baja and the cheapest yet is Mainland. Baja is only cheap if you totally get away from the tourist areas. I like Baja as it is just
something I am use to, however if it had as many rentals like Mainland it would make the rentals cheaper. My time for full time is just two
operations away and I leave the U.S. for "No Hurry, No Worry, Just Fun."
Now as far as politics I know a mess of them "fancy pants" from all of the different parties and let me ask you this------Do you know what
prostitutes, lawyers, and politicians all have in common????? Got some ideas floating and ready for the real answer??? Well, here it is "They will
assume any position for the right amount of money!!!" Sorry boys I do not put my faith in any politician from any party as it has always and forever
been about the money and that nasty power trip one way or another. Baja is always a fun time and BeerCan your right living there fulltime is better
than part-time or little vacation time outs. I still get a kick out of all of you whether you're fussing, cussing, or just going crazy over Ken's
deep ocean photos( by the way we need some more), or our other Ken's great 4X4 photo shots, Shari fishing and community photos, David K's trip photos,
J.D.'s dogs playing on the beach by the ocean waves, along with all of the other photos and life experiences of other Nomads, now these are just some
of "the real reasons we all come to this B.N." God don't you just love it. "No Fight Be Happy" and Skeeter & Cabo Ron pop me a cold one because
I know you both have some. Later-----------bajafun777
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline
Mood: Peacefull
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Bajafun777,
You are always welcome to drop in for a cold one .
CaboRon
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline
Mood: Peacefull
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WOW 
Thank you, President for Life, Robert Magabe 
Wonder how much he has stashed over the years while Zimbabwe crumbles and his people starve ....
It is interesting that the note is graced by the likeness of a white Africanner ..... perhaps a rememberance of more prosperous days in this
absolutely beautiful land ....
I'll take the tuna on rye for 750 billion , thank you,
CaboRon
[Edited on 7-20-2008 by CaboRon]
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Bajajack
Banned
Posts: 370
Registered: 5-20-2007
Location: Arizona
Member Is Offline
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Since this is about
the cost of living in baja why dont some of you guys post some real time prices on different things we use or encounter everyday such as Food, Rent,
Utilities, availability, etc.
It would be interesting to compare prices in different areas.
As I haven't been south of San Flip in awhile all I know is border prices, which right now seems to be on par with the US.
[Edited on 7-20-2008 by Bajajack]
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meme
Senior Nomad
Posts: 756
Registered: 8-20-2003
Location: San Felipe,BC
Member Is Offline
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Example#1-----A gallon of milk in San Felipe is now $4.40-$4.60 USD depending on which store here.
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Bajajack
Banned
Posts: 370
Registered: 5-20-2007
Location: Arizona
Member Is Offline
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Absolutely ridiculous
| Quote: | Originally posted by meme
Example#1-----A gallon of milk in San Felipe is now $4.40-$4.60 USD depending on which store here. |
that
they would be charging that much, Basha's Phoenix ad this week has it for $2.99 a gallon.
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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Shrimp are more expensive, oysters are cheaper, fish more expensive on average. My
seafood price comparisons are based on prices in MS, LA, USA. Produce and other food items are cheaper. Fuel and energy costs are less expensive.
Rent/real estate, depends on the neighborhood.Labor is less expensive.The sunshine and friendly people? Priceless!!!
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shari
Select Nomad
Posts: 13048
Registered: 3-10-2006
Location: bahia asuncion, baja sur
Member Is Offline
Mood: there is no reality except the one contained within us "Herman Hesse"
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Water for residential...90 pesos a month
Electricity...about100p-150p a month(no air conditioner)
flour tortillas (whole wheat) ...15p a packet of 10
tecate(who drinks milk?) $52 sixpack
fish....free
local fruit and veggies are cheap
beef steaks...35p a pound
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline
Mood: Peacefull
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Fish fillets from the Pangero Association ... less than half of the price in the states.
Corn tortillas 10 pesos a kilo !!
CaboRon
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
Member Is Offline
Mood: undecided
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shari,Free fish?That depends upon your definition of "free".
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Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
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cement 130 pesos per bag
cinder blocks between 7-8 pesos each
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Bajajack
Banned
Posts: 370
Registered: 5-20-2007
Location: Arizona
Member Is Offline
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Things have changed
a lot in the last 2 years, except for water and electric all the other prices stated are on par or higher than stateside.
What I don't understand is how they justify such prices when the labor force is so plentiful and cheap.
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fulano
Banned
Posts: 496
Registered: 3-31-2008
Location: Ramona, CA
Member Is Offline
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OK, time to jump on the soapbox
As some may have gathered from reading my posts, I am a CPA. So, when somebody starts to talk about the cost of living in country A vs country B, my
ears perk up. What many people do not understand, is that you cannot just compare dollars to pesos to understand which country is better to live in.
You have to compare the price you pay vs. the value of what you receive. I added emphasis to the preceding phrase, because
it is the heart of an economic analysis.
There are many, many things to which you cannot assign a dollar value, but which nevertheless do have value. Security, a first rate-medical system, a
good interstate highway system, a legitimate judicial system, a functioning postal system, water, power and telephone that is always turned
on, etc., etc.
Now, with that in mind, look at the simple price-value chart:
On the left vertical axis is the price you pay for everything in a country - in dollars or pesos - it doesn't matter. On the horizontal axis is the
value of all the goods and services you receive for what you pay. The diagonal black line is the line of indifference. For every
country that falls to the right of the diagonal line (the green zone), you are getting more value, relative to what you pay. For everything that falls
to the left of the diagonal line, you are getting less value, relative to what you pay.
So, on this chart I have placed the US in the green zone, even though if you look only at the vertical axis, it is more expensive than Mexico, which
is in the orange zone. So, the moral is, if you just look at prices, Mexico is cheaper. No agruing it. It is lower down on the price axis. But is it
cheaper relative to the value of what you get?
Pay attention, there will be a quiz at the end of the period.
[Edited on 7-20-2008 by fulano]
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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The Pacifico is still cheaper and tastes better in Baja, and I have not found anywhere in the US that can make a street vendor fish taco that tastes
as good as they are in Baja....
[Edited on 7-20-2008 by bajaguy]
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BMG
Super Nomad
Posts: 1776
Registered: 6-10-2007
Location: La Paz / Bahia Asunci�n / Away from home
Member Is Offline
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| Quote: | Originally posted by fulano
So, on this chart I have placed the US in the green zone, even though if you look only at the vertical axis, it is more expensive than Mexico, which
is in the orange zone. So, the moral is, if you just look at prices, Mexico is cheaper. No agruing it. It is lower down on the price axis. But is it
cheaper relative to the value of what you get?
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I decided to plug in some of my values in my own chart. The results are obvious and cannot be disputed or argued.
[img]deleted funny chart[/img]
Okay, I'll substitute this picture but I don't think it's nearly as humorous and it now makes my post completely senseless. (Please, no comments about
the senseless part.)
Now can you get rid of all that blinking crap below?
[Edited on 7-21-2008 by BMG]
I think the world is run by C- students.
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fulano
Banned
Posts: 496
Registered: 3-31-2008
Location: Ramona, CA
Member Is Offline
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| Quote: | Originally posted by bajaguy
The Pacifico is still cheaper and tastes better in Baja, and I have not found anywhere in the US that can make a street vendor fish taco that tastes
as good as they are in Baja....
[ |
Terry, I just graded your quiz and you got an "F". Meet me after class, the chalkboard erasers need cleaning.
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bajaguy
Elite Nomad
Posts: 9247
Registered: 9-16-2003
Location: Carson City, NV/Ensenada - Baja Country Club
Member Is Offline
Mood: must be 5 O'clock somewhere in Baja
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You buy the Pacifico and I'll be there
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fulano
Banned
Posts: 496
Registered: 3-31-2008
Location: Ramona, CA
Member Is Offline
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| Quote: | Originally posted by BMG
I decided to plug in some of my values in my own chart. The results are obvious and cannot be disputed or argued.
[ |
ELINVEST18 is going to slap you silly for posting that oversize image and screwing up the board.
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CaboRon
Ultra Nomad
Posts: 3401
Registered: 3-24-2007
Location: The Valley of the Moon
Member Is Offline
Mood: Peacefull
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| Quote: | Originally posted by fulano
| Quote: | Originally posted by BMG
I decided to plug in some of my values in my own chart. The results are obvious and cannot be disputed or argued.
[ |
ELINVEST18 is going to slap you silly for posting that oversize image and screwing up the board.
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