Cost of Living

What does it cost to live in Puerto Vallarta, Mexico?

The cost of living here in Puerto Vallarta is less than half of what you are used to in Canada. Everyday food items are locally grown and organic. Below is a link to a couple of websites showing normal average expenses. Of course you can always pay more but once you get to know the area, you can also pay less. Yes, we have Costco, Sam's Club and Walmart here, where you will pay the same as US prices, but we also have the Mexican supermarkets, Soriana's, Ley, and Mega for less. My preference is to buy my fruits and vegetables and meats from the farmer's markets at a fraction of the supermarket prices.

Here are two scenarios, one based on renting with no car and the other based on owning a two bedroom condo with a car, neither one on the beach but within walking distance. As you can see, it is entirely possible to live on a social security income of $1200/month simply and comfortably. If you have more to spend or invest, then the sky is the limit.

Cost of Living in Puerto Vallarta table by Expatistan

Cost of Living in Puerto Vallarta table by Numbeo

OWNED TWO-BEDROOM CONDO (all costs USD/month)

Rent $600 (one bedroom)
Transportation $50 (occasional bus and taxi fares)
Electricity $40 (with AC less without)
Gas $8 (used for cooking)
Telephone $30
Internet $25
Cable TV $30
Part-time household help $60
Groceries $200
Medical insurance $30 (IMSS)
TOTAL $1,073

 

OWNED TWO-BEDROOM CONDO (all costs USD/month)

Homeowners association $250 +/- (if applicable)
Transportation $200 (car, gas, insurance, plates, parking, some bus and taxi)
Electricity $60 (with AC less without)
Gas $10 (used for cooking)
Telephone $30
Internet $25
Cable TV $30
Part-time household help $100
Groceries $200
Medical insurance $30 (IMSS)
TOTAL $685-$935

Parts excerpted from Living and Investing Overseas.