Friday, March 13, 2015

Is Living in Paradise Expensive?

Morning in paradise
As expats who moved to Isla Mujeres a few years ago, we were definitely not prepared or well informed on what to expect with regards to the cost of living in Mexico.  All that we had heard was that electricity was very expensive.
Okay, we could deal with that by building our home using energy efficient methods, but we really needed a few comforts such as air conditioning, an ice-maker, wine fridge …. you get the idea. 
We budgeted our money and figured out approximately how much longer we were going to be around, then tried to live well and die broke! (Sorry kids.)
Typical monthly water bill, in pesos
A few of our anticipated expenses fooled us: the cost of our property taxes is $66.00 dollars a year, electricity averages around $75.00 dollars a month, water and sewer about $9.00 per month, wine and beer …. let's just say a whole lot less than Canada.
We have also discovered the Mexican seniors' card, available to residents over the age of sixty. There are discounts galore for movies, museums, parks, buses, and some air travel. Heck, even the passenger fares on the ferries are half price. Health care is also available and the cost per year is an affordable $400.00 dollars for the most expensive category: very old.


2012 delivery of a new refrigerator
On the other hand the ongoing maintenance of our home is more expensive.  It's best if you are a little handy and can do the small repairs yourself. Everything metal or electronic takes a beating from the salt in the air.  
As you may know from previous blog posts we have had to purchase, in the last seven years, three refrigerators, two dishwashers, and countless microwaves.  It's the cost of living on the Caribbean coast.



Neighbourhood day at the movies - VIP Cancun
For entertainment besides frequenting our favourite bar, the Soggy Peso, we can go to Cancun to see first run movies (in English) at the VIP theatre for about $8.00 dollars. The VIP has waiters who will bring you food and drinks, even sushi to your individual Lazyboy recliner. It's a great way to feel totally spoiled.
So after living here for a bit our budgeting went out the window. We have decided we can live to a ripe old age, have lots of fun, and maybe, just maybe have some left over at the end. 
Sunset - March 2015
The bonus is we live in a very healthy environment. Our stress is way down. The food is fresh and tasty. And best of all the humidity seems to make wrinkles disappear.

Yup, it's working for us. Great country, great people, great fun.





Que tengan lindo día
Lawrie and Lynda

Today was Lawrie's turn to write!

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2 comments:

TexasEd said...

Love it! Gonna start packing!

Lynda & Lawrie said...

Good idea! Cheers L