Mar 14, 2007, 7:29 PM
Post #19 of 34
Re: [Gringal] Where are your feet? Cost of Living
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Gringal said: >>
.... there is already a wealth of books on the subject [cost of living in Mexico]. Amazon probably has a shelf full.
The trouble with those books is that even if the information was correct at the time of writing, by the time the book is published some 2 years later, the information is now out-of-date. Then too, most of those authors do not live in Mexico but make a swing through here, talking to people and visiting stores, etc. And then, there are those self-serving books that titillate the reader into believing that he/she can live like a King/Queen in Mexico on $500 usd a month.
That is the reason we here on mexconnect.com can be of help to newbies. Our information is current and reliable. Word from the horse's mouth.
Gringal mentions the authors of "Falling in Love with San Miguel" who live there on a joint monthly income of $2400 us dollars a month. That is good information. But the best measure of all is the immigration requirement of 250 X the minimum daily wage in Mexico city--the requirement for your FM3. If a single person, or a couple, can meet that requirement at around $1500 us dollars for a couple, they can live in Mexico City, probably not well, but they can survive there. Obviously in less expensive places they can live better.
Here in Jerez, Zacatecas I have lived as a single for just about 18 years and my monthly expenditures for total cost of living, except clothing which I buy in the USA because of my height and weight and SHOE size, have never exceeded in those 18 years the $2000 us dollar a month mark. Never. And for 17 of those years I have had an assistant who comes daily, cooks breakfast and the comida, cleans the house, washes and irons my clothes, and sweeps the street and waters the plants. I take trips to Los Cocos, to Guadalajara, to Oaxaca, to Veracruz, to Tampico, to Morelia, to Colima, etc., when I want to. And usually a trip to Texas by expensive cuota once every three months. I am now at the age point where I pay a chauffeur on all those trips and because I have the money I also pay lodging and meals for him and his wife to go along if she wants to, which is usual. And I still don't exceed that $2000 us dollar mark.
Now it is true that for the last 6 of those years I am living in my own house which I had an albañil build for me so my current living expenses without rent are a whale of a lot less than before. After all rent is usually the biggest factor in living costs. And it is also true that the construction costs were never included in the living costs reported above. Those costs were over and above and totalled some $33,000 us dollars. Asking prices for houses such as mine, even here in Jerez, are over $100,000 usd.
Nevertheless, a joint income for a couple of $2400 us dollars a month when compared to the required joint income of $1500+- us dollars a month gives the couple some $1000 extra dollars a month to play with. Restaurants, trips, subscriptions to concerts etc.
Could I, or the couple living in SMA, do the same living in the USA, no matter where? Don't even think about it.
Adiós. jerezano. PS: My property taxes this year were $63 us dollars. My water bill is $5 usd a month. My garbage collection is free. My gas.... etc. I also put a bad scrape on the right front door of my car. $70 usd to get rid of it.j
(This post was edited by jerezano on Mar 14, 2007, 8:01 PM)