Cost of Living in Costa Rica
The cost of living in Costa Rica has been very stable in the last few years, thanks to our good economy! As of March 2017, the cost of living in Costa Rica is 22.92% lower than in United States (aggregate data for all cities, rent is not taken into account). Rent in Costa Rica is 53.22% lower than in United States (average data for all cities). A middle class salary in Costa Rica averages USD $750 per month. In smaller cities, a monthly income is roughly from $450-500. These fluctuate by region/city, San Jose being the most expensive.
We usually recommend to people from the States, Canada and Europe moving here to budget a minimum of US$ 20,000-25,000/year/person. Why? because we are used to a certain lifestyle with more luxury than a local. Of course, it is possible to live with less but it will require some compromise from your life in the US. Yes, you can live like a local for far less than the majority of the expats. But overall, it will depend on your lifestyle, if you have children that are going to attend private school, how many times per week/month you will go out, etc. Costa Rica offers an excellent value for quality of life versus most any other Latin American country. But it requires some adjustment. We are always happy to answer any specific questions you may have about costs or direct you to an expert for more serious inquiries like healthcare and schools.