Cost of Living is the #1 Reason Expats Live in Mexico

Cost of living is the #1 reason expats live in Mexico. Our new Expats In Mexico 2022 Survey reveals that when asked to choose why they make Mexico their home, nearly one-quarter of all expats who participated in this year’s study chose low cost of living as the main reason, although the Mexican lifestyle and climate also scored well.

“Mexico has long been known as a low-cost haven for American and Canadian retirees,” said Robert Nelson, company founder. “It continues to rank among the least expensive countries to live. With most of the world caught in an inflationary spiral, cost of living is upper-most in the minds of many expats who live here, as well as aspiring expats from other countries who may be planning or considering a move to Mexico.”

Nelson said the study shows that the majority of expats in Mexico – about 64 percent of all respondents – say they live on a monthly budget of $40,000 pesos or less (about US$2,000 at a 20-to-1 exchange ratio) and enjoy a middle-class lifestyle.

“Nearly 80 percent of respondents, as you might guess, are retirees,” Nelson explained, “many of whom have traded their home country for the low cost of living, sunshine and laid-back lifestyle of Mexico.”

In addition to the appeal of lower living costs, but higher standard of living, expats in the survey say their new lifestyle is a close second, with 21 percent responding that the life they have found in Mexico is what makes it home. Another 16 percent say they love the climate of Mexico where they live. The warmth of the Mexican people and their rich culture are also highly-valued by expats in Mexico.

“One of the most interesting findings in this survey,” Nelson said, “is that expats are not that concerned with their personal safety, an issue that U.S. media often covers. In fact, only 17 percent of respondents say personal security is an issue for them. A much larger concern is their lack of Spanish language skills. Nearly 39 percent are worried about learning and using the language

The survey was completed by 364 expats currently living in Mexico. You can get complete survey results, including monthly living expenses, monthly rental payments, monthly food costs, monthly healthcare expenditures (including medications) and other information about expats living in Mexico at https://www.expatsinmexico.com.

Expats In Mexico – The Expat Guide to Living in Mexico – is an online magazine designed for both expats currently living in Mexico and aspiring expats who are planning or considering a move to Mexico.

Cost of living is the #1 reason expats live in Mexico. Our new Expats In Mexico 2022 Survey reveals that when asked to choose . . .

Follow Us On Google News | Get Our Newsletter



Trending News on PVDN

  • real estate puerto vallartaHow safe is it to buy real estate in Puerto Vallarta? Jalisco’s Real Estate sector at risk: AMPI Warns Informality threatens Jalisco's booming real estate market. AMPI urges mandatory professional standards to protect consumers and secure investor trust. The president of AMPI Guadalajara, Karen Julieta Correa Cabrales, has raised alarms over the high level of informality in the region's real estate market. She warns that this lack of regulation is jeopardizing both consumer security and…
  • cancunCancún Ranks as Worst Tourist Destination of 2025 According to Google Reviews A recent survey of nearly 100,000 Google reviews has tagged Cancún as the most disappointing tourist city of 2025. The Daily Mail study examined feedback from the world’s 100 busiest destinations and found that 14.2 percent of Cancún’s reviews were negative—the highest share recorded among all cities analyzed. That mark put Cancún two full percentage…
  • protest puerto vallarta trumpUS Citizens Abroad to Protest Trump’s Immigration Raids in Puerto Vallarta U.S. citizens residing abroad are set to hold a peaceful demonstration in Puerto Vallarta on June 14 to protest recent anti-immigrant raids in Los Angeles and to defend the U.S. Constitution and rule of law. The march, organized by the grassroots group No U.S. Kings Day and supported by Democrats Abroad Costa Banderas, aims to…
  • cjngLos Chapitos and CJNG Form Supercartel to Control Mexican Drug Trade Los Chapitos and the CJNG form an unprecedented alliance, escalating cartel violence and drug trafficking threats across Mexico. A new alliance between Los Chapitos, the faction controlled by the sons of Joaquín "El Chapo" Guzmán, and the powerful Cartel Jalisco Nueva Generación (CJNG) has alarmed authorities and analysts, potentially reshaping Mexico’s criminal landscape. The partnership,…
  • 5-de-diciembre-puerto-vallarta-neighborhoodAmerican tourist dies in fall at Hilton Hotel in Puerto Vallarta A 20-year-old tourist from Indiana died after falling from a balcony at the Hilton Hotel in Puerto Vallarta. Authorities are investigating the incident. An American tourist died Sunday afternoon after falling from a balcony at the Hilton Hotel in Puerto Vallarta, a popular resort located in the city’s south hotel zone. Authorities confirmed the victim…
  • Tropical Storm Dalila MexicoTropical Storm Dalila Mexico Will Bring Heavy Rains to Nine States Tropical Storm Dalila Mexico is set to form off Guerrero’s coast by June 14, unleashing heavy to very heavy rains in Michoacán, Guerrero, Oaxaca and triggering alerts across nine states. The National Water Commission (Conagua) has issued a tropical storm watch as the area of low pressure designated “Four-E” gains organization off the southern coast…
  • don-balde-killed-chiapas-border-operationDon Balde killed in Chiapas border operation Don Balde killed during a June 8 operation by the Pakal Reaction Force in Las Champas, Chiapas, ending his role as founder of the Chiapas-Guatemala cartel and CJNG collaborator. On Sunday, June 8, in the commercial border zone of Las Champas, Frontera Comalapa in Chiapas, elements of the Fuerza de Reacción Inmediata Pakal shot and…
  • no kings dayU.S. Citizens in Puerto Vallarta to hold “No Kings Day” Protest Today U.S. citizens in Puerto Vallarta will join a global “No Kings Day” protest today, denouncing Trump’s immigration raids and defending democratic norms. U.S. citizens residing overseas will gather today in Puerto Vallarta to participate in a global “No Kings Day” protest against President Donald Trump’s immigration enforcement actions, particularly recent raids in Los Angeles, organizers…
  • cancun-sargassum-arrival-cleanup-effortsCancun sargassum arrival prompts cleanup efforts on beaches Tourism in Cancun faces challenges as the Cancun sargassum arrival brings tons of seaweed ashore, but authorities ramp up cleanup with barriers, machinery and 7,500 meters of booms to keep prime beaches clear. Despite a record influx of sargassum, local officials and private operators in Cancun are intensifying cleanup operations to preserve the city’s beach…
  • crime-sceneItalian Tourist Dies After Falling at Sayulita Rental Property Sayulita, Nayarit – Early on Tuesday, June 10, 2025, an Italian tourist identified as 37-year-old Giacomo “N” died after plunging from an upper floor of a vacation rental in the pueblo mágico of Sayulita, in the municipality of Bahía de Banderas. Emergency services pronounced him dead at the scene, where he was found in the…
Scroll to Top