The following chart gives you an idea of the monthly expenses a couple might incur living comfortably in Latin America. We have rounded up with the numbers, and we’ve provided this imaginary couple three days a week with a maid who cooks and cleans, and with a gardener. We have included rent -- though keep in mind that if you’ve bought your house outright, you won’t have this expense (though you would want to include property taxes -- but that rarely comes to more than $300 per year). Prices will differ depending on where you live. You can get by for much less in Nicaragua or Bolivia, for example. And you will undoubtedly spend more if you live in a resort area of Mexico or a major city like Rio de Janeiro.
Housing (rental of a two-bedroom home) $600 This adds up to $22,080 per year.
If you like to go out to eat frequently, like to travel, play golf, drink fine wine, etc., you will obviously spend more money -- but still, much less than you would, no doubt, spend for a similar lifestyle in the U.S. (And with much better weather!) | |||||||||
