Monday, January 26, 2015

Cost of Living in Costa Rica

We are often asked about the Costa of Living in Costa Rica. Here are some facts and figures from Numbeo as of January 2015

Indices Difference
Consumer Prices in Costa Rica are 17.12% lower than in United States
Consumer Prices Including Rent in Costa Rica are 27.97% lower than in United States
Rent Prices in Costa Rica are 51.41% lower than in United States
Restaurant Prices in Costa Rica are 21.82% lower than in United States
Groceries Prices in Costa Rica are 19.31% lower than in United States
Local Purchasing Power in Costa Rica is 63.28% lower than in United States



  United States
  Costa 
Rica
      Difference     
Restaurants
Meal, Inexpensive Restaurant 10.00 $     7.46 $      -25.40 %
Meal for 2, Mid-range Restaurant, Three-course 45.00 $     37.30 $      -17.11 %
McMeal at McDonalds (or Equivalent Combo Meal) 6.50 $     7.00 $      +7.69 %
Domestic Beer (0.5 liter draught) 3.50 $     2.00 $      -42.86 %
Imported Beer (0.33 liter bottle) 5.00 $     3.18 $      -36.43 %
Cappuccino (regular) 3.69 $     2.28 $      -38.39 %
Coke/Pepsi (0.33 liter bottle) 1.63 $     1.53 $      -5.93 %
Water (0.33 liter bottle) 1.30 $     1.30 $      +0.57 %
 
Markets
Milk (regular), (1 liter) 1.01 $     1.39 $      +37.56 %
Loaf of Fresh White Bread (500g) 2.44 $     1.57 $      -35.86 %
Rice (white), (1kg) 3.07 $     2.23 $      -27.54 %
Eggs (12) 2.35 $     2.93 $      +24.66 %
Local Cheese (1kg) 9.64 $     6.62 $      -31.31 %
Chicken Breasts (Boneless, Skinless), (1kg) 7.99 $     6.86 $      -14.16 %
Apples (1kg) 3.84 $     4.09 $      +6.43 %
Oranges (1kg) 3.81 $     2.80 $      -26.38 %
Tomato (1kg) 3.88 $     1.92 $      -50.54 %
Potato (1kg) 2.45 $     1.53 $      -37.55 %
Lettuce (1 head) 1.60 $     0.94 $      -41.04 %
Water (1.5 liter bottle) 1.78 $     2.31 $      +29.47 %
Bottle of Wine (Mid-Range) 12.00 $     10.72 $      -10.63 %
Domestic Beer (0.5 liter bottle) 2.32 $     1.94 $      -16.61 %
Imported Beer (0.33 liter bottle) 3.33 $     2.67 $      -20.02 %
Pack of Cigarettes (Marlboro) 6.00 $     3.00 $      -50.00 %
 
Transportation
One-way Ticket (Local Transport) 2.00 $     0.75 $      -62.70 %
Monthly Pass (Regular Price) 69.00 $     43.02 $      -37.66 %
Taxi Start (Normal Tariff) 3.00 $     1.19 $      -60.21 %
Taxi 1km (Normal Tariff) 1.55 $     1.19 $      -23.16 %
Taxi 1hour Waiting (Normal Tariff) 30.00 $     11.53 $      -61.57 %
Gasoline (1 liter) 0.94 $     1.43 $      +51.39 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 21,000.00 $     27,976.47 $      +33.22 %
 
Utilities (Monthly)
Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment 158.51 $     75.61 $      -52.30 %
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) 0.15 $     0.06 $      -58.62 %
Internet (6 Mbps, Unlimited Data, Cable/ADSL) 46.94 $     58.86 $      +25.39 %
 
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult 39.42 $     38.98 $      -1.13 %
Tennis Court Rent (1 Hour on Weekend) 18.17 $     16.63 $      -8.50 %
Cinema, International Release, 1 Seat 10.00 $     6.53 $      -34.72 %
 
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar) 41.27 $     65.86 $      +59.57 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 35.88 $     52.47 $      +46.23 %
1 Pair of Nike Shoes 77.99 $     107.54 $      +37.89 %
1 Pair of Men Leather Shoes 85.23 $     79.20 $      -7.08 %
 
Rent Per Month
Apartment (1 bedroom) in City Centre 1,020.07 $     448.07 $      -56.07 %
Apartment (1 bedroom) Outside of Centre 772.85 $     374.16 $      -51.59 %
Apartment (3 bedrooms) in City Centre 1,743.09 $     820.30 $      -52.94 %
Apartment (3 bedrooms) Outside of Centre 1,312.63 $     713.55 $      -45.64 %
 
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre 1,941.06 $     1,122.38 $      -42.18 %
Price per Square Meter to Buy Apartment Outside of Centre 1,283.52 $     1,065.62 $      -16.98 %
 
Salaries And Financing
Average Monthly Disposable Salary (After Tax) 3,079.65 $     814.51 $      -73.55 %
Mortgage Interest Rate in Percentages (%), Yearly 4.23     13.54      +220.50 %
 

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