Many people ask the question “What is the cost of living in Costa Rica?” when deciding on whether or not moving there is the right choice for them. To answer the question about what it costs to live in Costa Rica, you must first ask yourself what items and services are important for you, and what lifestyle you want to have when you move to Costa Rica.
Some people move to Costa Rica to get away from the rat race of their home country. Others move to slow down a bit and enjoy their years of retirement in the laid back culture of Costa Rica, while others move to Costa Rica for business ventures. The reason you are moving to Costa Rica will be the main factor is what the cost of living in Costa Rica is for you.
For one person to live comfortably in Costa Rica, $1,000 per month will cover basic costs and allow you to eat out and go out a few times. If you are someone who likes to eat out more often, go to the movies, to the theater, or participate in outings like kayaking or zip lining, you will find your cost of living to be higher, maybe even up to $3,000 per month. If you have a family, another factor that can affect what the cost of living will be for you is whether or not you send your child to a private school.
If your child does attend private school in Costa Rica, this will be an additional cost each month, the range is typically $300 to $1000 per month. If you send your child to public school, you will not have an additional cost of living as public school in Costa Rica is free. Another thing that can affect what your cost of living will be in Costa Rica is if you decide to own a car. Cars are more expensive in Costa Rica and car parts can be costly. The balance is that labor for mechanics is often much cheaper than labor costs in the United States, Canada, or parts of Europe.
Other services in Costa Rica are much cheaper, like paying for housekeeping or gardening services. These services usually cost $2-$3 per hour; so many people that move to Costa Rica are able to afford these services. Rent may be cheaper in Costa Rica, or you may find it similar to where you live now, depending on where that is. A furnished house can range from $200 to $3,000 per month so your cost of living will change greatly depending on what type of house you choose to rent and in what area of the country you live.
Certain services, like internet, cost about the same in Costa Rica as they do in the United States, roughly $30 per month. Cell phones on the other hand, are much cheaper in Costa Rica with monthly charges from $30 to $70 per month with 3G data plan, compared to the United States where cell phones can be $60 to $120 per month. Deciding on whether or not you need internet, cable TV, or other amenities will help you figure out what the cost of living in Costa Rica will be like for you.
Most likely, by moving to Costa Rica, your cost of living will drop lower than what it currently is in your home country. What the cost of living in Costa Rica will be for you will depend on what type of lifestyle you choose to life, but you will find Costa Rica to be reasonably priced, if not cheap. And keep in mind, the natural beauty of the country, the beaches and the mountains are free, so if you are worried about what the cost of living in Costa Rica will be, just think about all the wonderful free perks of living in paradise. Please contact us with any questions on what to expect for costs here in Costa Rica.