Tag: CostOfLiving

Jul 20 2011

Investing in Colones Certificates of Deposit

While we pay our rent in U.S. dollars, we pay for everything else in colones.  For the last two years, we’ve been using our debit card from our U.S. bank to withdrawal dollars for our living expenses, then walking into a local bank to exchange much of it into colones.  The exchange rate has gone …

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May 23 2011

Update on Our Cost of Living in Costa Rica

Instead of trying to explain the cost of living hypothetically, I thought I would instead explain our cost of living as it actually is for us. At this point, we have been in Costa Rica a little more than two years, and living/renting in “the cabinas” for two full years, so we have a pretty …

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Jan 04 2009

Rent, and Slow Down the Process

We at Retire for Less in Costa Rica would advise everyone to rent for one year, six months, or even just one month before buying any property. We know it’s tempting to buy when you are on a tour, or just going around the country looking for places to live. It’s so alluring, this beautiful …

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May 10 2008

Cost of Living is Less…for most things

Here in the Mid-Atlantic, our gas and electric bills have been steadily increasing out of control; our normal monthly bill during the winter costs us about $350, with another 8% increase around the corner; just two years ago, it would have cost $225. Costa Rica doesn’t need to import energy at high prices. In fact, …

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