Cost of Living in Costa Rica

So you've maqde the decision and decided to move to Costa Rica, so how much does it cost to live in Costa Rica day to day, well Costa Rica AM offers guidance with the following article:


Costa Rica is affordable even for low-budget folks
By the A.M. Costa Rica staff

As the belts are tightened in the United States and elsewhere, more eyes turn to Costa Rica as a cheap place to live.The first question usually is what is the cost of living there. And there is no easy answer.Retirees range from the person squeaking by on $700 a month in U.S. Social Security to someone who can write a check for a $450,000 oceanside condo.But those short on funds usually want to know how low can you go.

Because Costa Rica is a socialist country, great attention is paid to the costs of public services. In simple terms, they are a steal. And they will continue to be.

Want a cell phone? The Instituto Costarricense de Electricidad will charge you a base rate of 3,375 colons or about $6.15 a month. A land line will cost 3,220 colons or $5.88 a month.

Basic Internet hookup can be had for 8,350 colons a month or $28.25. But then there also is the charge for using the telephone to connect to a server. The alternative, a cable hookup, can cost about $18 for basic service which usually is sufficient for one household. And there is an obligatory purchase of cable television. The price also depends on which company has the service contract for the specific geographical area.

Columnist Jo Stuart frequently mentions prices in her Friday column. She also is an astute shopper at the various weekend ferias where vegetables and other agricultural products are sold far below supermarket prices.

Even in the supermarket, some products are price controlled. Milk is 1,430 colons a gallon or $2.61.Those who simply have to have imported U.S. goods will pay handsomely. They shop at Pricesmart. Jo Stuart also notes that the best seats in the Teatro Nacional for a major orchestra performance can be just 8,000 colons or about $14.60. But she usually goes a little higher in the building for a whole lot less. The cheap seats are 3,000 colons ($5.50) and all tickets are subject to a 10 percent discount for senior citizens.The ciudadano de oro card is accepted universally and can mean deep discounts. To get one, an expat has to have a pensionado, rentista, inversionist or residencia cédula. The government has decided to dispense with the bus coupons for the elderly. They were subject to resale and caused a lot of woe. So shortly seniors will simply have to show an identification specifying their age, including the ciudadano de oro card, to get a discount.The bus fares are a steal to begin with. The fare from San José to Tamarindo on the far Pacific coast is 3,055 colons or $6.23. That's nearly an all-day ride. And in the city few routes are more than 250 colons (about 45 cents).

Taxis also are a deal, although recent increases have Costa Ricans unhappy. The first kilometer of a taxi ride is 420 colons or about 77 cents. Additional kilometers in the city are still 380 colons (69 cents). Those are definitely not New York City prices.There are the apartments. Even after paying the informal tax levied on those who do not speak Spanish well, a decent two-bedroom, secure unit can be had for $450 a month. An A.M. Costa Rica reporter just vacated a one-bedroom with loft where the rent was $275 a month. And this was no slum.

Electrical and water bills are designed for the low-end user. The Compañía Nacional de Fuerza y Luz rates favor low use. The current rate is 43 colons (8 cents) for each kilowatt for the first 200 kilowatts of use. Each of the next 100 kilowatts is 66 colons (12 cents). Larger consumers pay more per unit.

The government water company just got a 25 percent overall raise but the actual rates have not been set yet. Company officials promise to favor low users.

Then there is free. Like nearly all the country's beaches from high water to 50 meters inland. And the parks. And frequent entertainment.

Again, prices and use of utilities depend a lot on where the expat lives. Air conditioning can add a lot of an electric bill. So can alcohol or cigarettes. Remember, socialist countries like to control your bad habits.

Beer is about 800 colons a can, about $1.45. Local beer is cheaper by the two-liter bottle, but still it is no bargain.

On the other hand, a glass of decent Chilean or Italian wine in a four-star hotel restaurant will cost between 3,100 and 3,500 colons (from $5.66 to $6.39). Better to buy by the bottle (4,000 to 6,000 colons or $7.30 to $10.95) except for infrequent sprees.

Bars that cater to expats will reflect that in their beer prices where 1,200 colon beer means nearly $2.20 a bottle.

The big ticket items here are automobiles because the government levies a gigantic tax. So an expat can figure paying twice for what a vehicle costs in the States. But the insurance is very reasonable, again based on coverage and type of vehicle. But $100 a year is possible.

A lot has been said about the Costa Rican health system. And one must accept the fact that most U.S. medical benefits do not extend outside the States. An exception is the health plan for retired military and some federal employees.

Patients in the government system probably do not have their own assigned physician. And the waits are legendary.


So a beautiful country with a cheap cost of living, Costa Rica here we come!
However, older patients of the ciudadano de oro category usually get to go to the head of the line. Expats find they can obtain very reasonable health insurance from the only provider, the Instituto Nacional de Seguros. Some group plans reduce the cost even more.

Costa Rican employees are covered because the Caja Costarricense de Seguro Social takes 10 percent of their gross pay as a salary deduction. Employees add to the total.