People who are looking to retire have as one of their top priorities an affordable lifestyle combined with an enjoyable existence. Those who do their homework online search and sometimes find their way to the coastal village of Lo de Marcos, Bahia de Banderas, Nayarit, Mexico. This is an up and coming town that combines good prices, good weather, friendly people and a beautiful pristine beach.
After discovering the good Real Estate values, the savvy soon-to-be retiree questions the cost of living. While coastal villages are slightly more expensive than inland pueblos, the overall expense is drastically lower than that back in their home country. Let it be clear that this article is not about bare bones low cost living, but… rather an example of a living similar to back home, however… without excessive inflation and taxation.
The following costs are an average experienced by couples. The prices are in pesos and you can convert those pesos to dollars at a going rate of 20 to 1. In other words, $100 pesos in Mexico would be $5.00 United State Dollars. When you have questions, we are here to answer them.
Dining $250.00 – $350.00 One appetizer, two entrees and two glasses of wine.
Street food is available for less than half the cost of a restaurant.
Electricity $400.00 – 2 months without air-conditioning.
Gas Propane $600.00 – 3 months primarily for cooking and water heating.
Water $1,100.00 year – If you prepay the full year in January you can obtain a 10% discount.
Internet $400.00 includes land line phone.
Cell Phone $400-month average use with some internet.
Groceries $700 week without imported items.
Please contact us with any additional questions you might have via email Director@GalvanRealEstateandServices.com or give us a call +1 52 327 275 0233.