How much does it cost to live in Puerto Vallarta a month? - 2022 (2024)

FAQs

How much does it cost to live in Puerto Vallarta per month? ›

Family of four estimated monthly costs are 2,012.1$ (37,210.8MXN) without rent. A single person estimated monthly costs are 567.7$ (10,498.9MXN) without rent. Puerto Vallarta is 60.4% less expensive than New York (without rent). Rent in Puerto Vallarta is, on average, 76.4% lower than in New York.

Average rental price in Puerto Vallarta

Houses in the tourist areas of Puerto Vallarta have an average rental cost of 21,464 pesos, or just over $1,000 a month. The apartments, meanwhile, have a rental cost of 18,752 pesos, or just around $900 USD per month.

In Mexico, you can live a comfortable life on $1,000 a month. The average cost of living for expats, digital nomads and retirees varies between $600 to $2,000 depending on one's lifestyle choices and their location. Baseline costs in Mexico are around $750 a month.

🤝 Where do most expats live in Puerto Vallarta? For starters, most expats and Americans live in Zona Romantica because that's the most popular Puerto Vallarta neighborhood on the Internet.

Ultimately, Puerto Vallarta is a fantastic place to retire, and you can live there comfortably on a budget of around $2000/month for two people.

Pesos are essential to maximizing the potential of your stay in Mexico as well as its value. There are many ways to gain access to the country's national currency, and while North American dollars are widely accepted in Puerto Vallarta, the fact is that pesos carry more weight in the area.

If your priority is to save money, visiting Puerto Vallarta during the low season is recommended, particularly from July through September. However, keep in mind that while flights are more affordable during this time of the year, many hotels close from July to August to accomplish their annual repairs.

Can US citizens buy a house in Puerto Vallarta? ›

Buying property in Puerto Vallarta IS possible, whether you're an American citizen, Canadian, Mexican national, or from anywhere else in the world! So, whether you are a foreigner or Mexican resident, it is completely legal to buy property in Puerto Vallarta.

1. Merida. Widely acknowledged as the safest city in Mexico (and even Latin America), your biggest safety concern in Mérida will probably be the busy traffic.

A retired couple can expect to retire comfortably in Mexico with an average income of about $2,500 a month, or $30,000 a year, according to InternationalLiving.com. These figures include the cost of a house, a maid service, utilities, groceries, entertainment, health insurance and more.

The average salary for jobs in Puerto Vallarta, Mexico is $274,109 (MXN) per year or an hourly rate of $132 (MXN). The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries.

Just to recap, it IS possible to live in Mexico on $500 per month, but it is difficult. My top recommendation for where to live in Mexico on $500 per month is San Cristobal de las Casas because it's a beautiful city with lots of things to do and it's very inexpensive.

Yes, you can absolutely live in Mexico for $1500/month. Many people already do it. The trick is having and sticking to a budget. You'll have to set a realistic budget for a rental, health insurance, groceries, eating out, transportation, and entertainment.

You can live comfortably on a budget of $1500-$2000 per month in large cities like Mexico City, Guadalajara, Monterrey, and Tijuana. This budget is also suitable for some expat destinations such as San Miguel de Allende, Ajijic and the Lake Chapala area, Merida, Sayulita, Ensenada, etc.

Puebla is one of the cheapest places to live in Mexico. The monthly cost of living in Puebla starts from around $1,150 USD depending on your lifestyle choices. This includes rent, groceries, eating out, activities, coffee, and more. If you're a couple, it's more like $1,900 USD.

What is average wage in Mexico? Average Wages in Mexico increased to 519 MXN/Day (593.724 USD/Month) in January 2023. The maximum rate of average wage for employees was 433 MXN/Day and minimum was 129 MXN/Day. Data published Monthly by Secretariat of Labor and Social Welfare.

Can Americans drink tap water in Puerto Vallarta? ›

The answer is yes and no. The good news is Puerto Vallarta has some of the cleanest water in all of Mexico! The water is treated and purified, but that being said, the distribution system is not perfect. In many restaurants and some rental properties you will get purified water, but not everywhere.

The traditional Romantic Zone and the area along Malecon are the safest places for tourists as plenty of people are out and about for most of the day. However, further inland from the beach is some of the most dangerous streets in Puerto Vallarta.

Amapas and Conchas Chinas Real Estate

Well-known for its exclusive and luxurious homes, the area is peppered with high-end villas, lavish condos and upscale hotels. Real estate in this area is some of the most luxurious in Puerto Vallarta and offers exceptional resale value.

Puerto Vallarta is one of Mexico's safest and friendliest beach towns for international tourists and expats alike.

The cost of electricity for a two-bedroom condo unit, assuming responsible usage and averaging over the span of the year, is around $100 to $150 per month, with higher usage in the summer months for air-conditioning and lower usage in the winter.

The cool season lasts for 3.8 months, from December 12 to April 4, with an average daily high temperature below 82°F. The coldest month of the year in Puerto Vallarta is January, with an average low of 62°F and high of 81°F.

On the other hand, the cons of living in Puerto Vallarta include the lack of reliable public transportation, the high crime rate, and the language barrier. Additionally, the infrastructure is not as developed as in other parts of Mexico, making it difficult to access certain services.

If you want to stroll through cobblestone streets, find street tacos, quaint local restaurants, and visit different beaches, you definitely want to choose staying in Puerto Vallarta; specifically centro or the zona romantica. While Nuevo Vallarta has many walking paths, it's not really walkable to any amenities.

U.S. dollars are also widely accepted in Puerto Vallarta, but try not to carry too much cash on your person. You should also pack your credit and debit cards to be safe, but don't rely on them. Many places in Puerto Vallarta do not accept credit or debit cards.

Can you use dollar bills in Mexico? ›

However the US Dollar is widely accepted across Mexico especially in the more touristic places like Playa del Carmen. In fact most tour companies, restaurants, and even some shops will have their prices in both pesos and dollars.

You should plan to spend around M$1,527 ($83) per day on your vacation in Puerto Vallarta, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, M$491 ($27) on meals for one day and M$256 ($14) on local transportation.

You will find that Puerto Vallarta is less expensive than Cabo. You'll notice it's about 30 percent cheaper. If you're on a budget, Puerto Vallarta has many more affordable choices for accommodations and food and drink prices are significantly cheaper than Los Cabos.

Mexico charges an airport departure tax of $18 or the peso equivalent for international and domestic flights. This tax is usually included in the price of your ticket, but check to be certain.

Winter temperatures at Puerto Vallarta are quite comfortable with daily highs averaging 79 degrees Fahrenheit (26 °C) and lows of 55 °F (13 °C). Summers are several degrees higher, as days typically heat up to 86 °F (30 °C) and nights cool off to 69 °F (21 °C).

Foreigners can own property in Mexico. It's perfectly legal. Outside the restricted zones—50 kilometers (about 31 miles) from shorelines and 100 kilometers (about 62 miles) from international borders—foreigners can hold direct deed to property with the same rights and responsibilities as Mexican nationals.

Residency qualification based on the value of your house in Mexico (2023) You can apply for Temporary Residency if you own a residential property in Mexico (not abroad) with a market value of at least 40,000x Minimum Daily Wage (MDW) or UMA.

Investing in Puerto Vallarta's real estate is more affordable than you might think. With a wide range of properties available, you're sure to find one that fits your budget. If you're looking for a sound investment opportunity, Puerto Vallarta's real estate market is definitely worth considering.

How much is the average condo in Puerto Vallarta? ›

Real Estate Prices In Puerto Vallarta

The most popular range is between $100,000-$250,000 with over 80% of sales for condos under $500,000.

The nicest part of Puerto Vallarta is Zona Romantic, or the Romantic Zone, where many of the best restaurants, boutiques, and attractions are located. With that said, Puerto Vallarta has many nice parts, with other nice areas including Conchas Chinas, Centro Puerto Vallarta, and Marina Vallarta.

"Most Americans who choose to retire in Mexico opt for San Miguel Allende," said John Hubbard, the founder and CEO of Urban Dare. "That's because it offers a temperate climate all year round.

Puebla is one of the cheapest places to live in Mexico. The monthly cost of living in Puebla starts from around $1,150 USD depending on your lifestyle choices. This includes rent, groceries, eating out, activities, coffee, and more. If you're a couple, it's more like $1,900 USD.

Lake Chapala: Mexico's Largest Expat Hotspot

Lake Chapala is Mexico's largest lake, and the surrounding area is also home to the largest concentration of U.S. expats in the world.

Huatulco, as a master-planned community, is pedestrian friendly as far as Mexican cities go. It is possible and safe to walk around town and easy to bike in some areas. The town center is especially easy to walk around and do some shopping. Huatulco has many taxis and it is easy to hail one.

Key Trends in Mexico Peace Index 2021 report

Yucatán remains the most peaceful state, followed by Tlaxcala, Chiapas, Campeche and Nayarit. For the third consecutive year, Baja California is the least peaceful state in Mexico, followed by Colima, Zacatecas, Chihuahua and Guanajuato.