Living in a Mexican beach town has become an attractive option for expats and retirees seeking affordable, laid-back living with access to beautiful coastlines. From Playa del Carmen to Puerto Vallarta, Mexican beach towns offer a relaxed lifestyle at a fraction of the cost of living in the U.S., Canada, or Europe. But how much does it cost to live comfortably in these coastal paradises in 2024?
This guide explores the cost of living in Mexico with a focus on beach towns, including housing, groceries, healthcare, and daily expenses.
Housing
How Affordable is Rent in Mexican Beach Towns?
Housing is one of the biggest expenses when living in Mexico. The average rent in Mexico varies by location and property type. In beach towns, you can expect to pay:
- Apartments in local neighborhoods: $300–$600 USD per month for one-bedroom units.
- Modern condos or beachfront properties: $1,000–$2,000 USD per month, depending on location and amenities.
For example, in Puerto Vallarta or Tulum, you can find a furnished one-bedroom apartment near the beach for around $800–$1,200 USD. If you’re flexible about being a little further from the coastline, prices drop significantly.
Applying for a mortgage to buy property in Mexico is another option, but most expats choose to rent because of the flexibility it offers. Mortgages are available to foreigners, but interest rates are often higher than in the U.S. or Canada.
Groceries
How Much Do Groceries Cost in Mexican Beach Towns?
Groceries in Mexico are affordable, especially when you buy locally sourced produce and goods. In beach towns, many people shop at open-air markets, where fruits, vegetables, and seafood are both fresh and inexpensive.
Here’s an average breakdown of grocery costs in 2024:
- Fruits and vegetables: $10–$20 USD per week for a single person
- Basic staples like rice, beans, and tortillas: $15–$30 USD per month
- Seafood and meats: $20–$50 USD per week, depending on preferences
Shopping at major grocery stores like Chedraui or Soriana may cost slightly more than local markets but offers imported goods for those looking for specific items.
Overall, a single person can expect to spend around $150–$300 USD per month on groceries.
Daily Expenses
What is the Cost of Living in Mexico?
The cost of living in Mexico is significantly lower than in many other countries. Beach towns may be slightly pricier than inland cities due to their popularity with tourists, but they still provide excellent value.
- Transportation: Public transportation, including buses and colectivos (shared vans), costs $0.50–$2 USD per ride. Owning a car involves higher expenses, including fuel, insurance, and maintenance
- Utilities: Electricity in beach towns can range from $30–$100 USD per month, depending
- on air conditioning use. Water and gas typically add another $20–$50 USD
- Dining out: Meals at casual local restaurants or food stands cost $5–$10 USD, while dining at more upscale beachfront restaurants may cost $15–$30 USD per person
- Entertainment: Activities like snorkeling, beach yoga, or local tours cost $10–$50 USD, depending on the experience
For a single person, the cost of living in Mexico City for daily expenses averages around $500–$1,000 USD per month. Beach towns can be slightly higher, particularly for luxury experiences.
Healthcare
Is Healthcare in Mexico Expensive?
Healthcare in Mexico is both affordable and high-quality, especially in major towns and cities. Many expats praise Mexico’s private healthcare system for its cost-effectiveness and excellent care.
- Doctor visits: $25–$50 USD without insurance
- Specialist consultations: $50–$100 USD
- Health insurance: Private insurance premiums average $100–$300 USD per month, depending on age and coverage
Medications: Many prescription medications are available over the counter and cost significantly less than in the U.S
Conclusion
Living in a Mexican beach town in 2024 offers an affordable and enjoyable lifestyle for expats, retirees, and remote workers. With lower costs for housing, groceries, and healthcare compared to many other countries, it’s possible to live comfortably while enjoying a relaxed and picturesque environment.
Whether you’re renting a cozy apartment near the ocean or planning to buy property by applying for a mortgage, Mexican beach towns provide a range of options for different budgets.
Visit Consilium Advisory Services today and start your journey to affordable, coastal living in Mexico! Let’s make your dream a reality.