HELP,HELP,HELP,,,PLEASE
+6
Bill Phillips
CanuckBob
viajero
juanrey
David
jimbo37221
10 posters
Page 1 of 1
HELP,HELP,HELP,,,PLEASE
I HAVE TRIED TO GET GOOD INFORMATION ABOUT POSSIBILITY OF LIVING IN THE LAKE CHAPALA AREA. I AM RETIRED SINGLE SENIOR MALE AND MUST LIVE ON $1500.00 USD PER MONTH SS . AS I UNDERSTAND THE EXCHANGE RATE THAT IS AROUND 19,000 MEXICAN. I WOULD LIKE TO RENT FOR AT LEAST 6MONTHS TO A YEAR BEFORE I WOULD COMMITTE TO PURCHASE. MY QUESTION TO ANY ONE THAT WOULD LIKE TO RESPOND IS ,CAN I HAVE A CONFORTABLE LIFESTYLE ON MY LIMITED INCOME ?????
jimbo37221- Newbie
- Posts : 1
Join date : 2012-03-26
Re: HELP,HELP,HELP,,,PLEASE
You can do it. You'd have to get an inexpensive rental and be a little frugal, but not as frugal as you'd have to be in the USA or Canada. Come visit and see for yourself.
David- Share Holder
- Posts : 5003
Join date : 2010-04-05
Location : Ajijic
Humor : Good
Re: HELP,HELP,HELP,,,PLEASE
I agree with David.
$ 500 of the $ 1,500 for rent, $ 100 Utilities & phone, etc. would leave $ 900 / month for all else. I believe one can get by on 100 pesos per day for food, which would be about 3,000 pesos. So, yes it can be done.
$ 500 of the $ 1,500 for rent, $ 100 Utilities & phone, etc. would leave $ 900 / month for all else. I believe one can get by on 100 pesos per day for food, which would be about 3,000 pesos. So, yes it can be done.
Re: HELP,HELP,HELP,,,PLEASE
I agree also,while we don't pay rent my wife,son and I live comfortably on about $1500 per month in Guadalajara,it depends on your lifestyle.
Chris
Chris
viajero- Share Holder
- Posts : 5755
Join date : 2011-07-26
Location : San Pedro de los Saguaros
Humor : Twain
Re: HELP,HELP,HELP,,,PLEASE
Yep it is doable. Even less if you avoid owning a car or requiring a cellphone, internet service and satellite TV. The bus system is good, a land line phone and Mexican cable is cheap and there are internet cafes to access the web. There are many Mexicans living on much less.
Re: HELP,HELP,HELP,,,PLEASE
I'm not sure where you got an exchange rate of 19.jimbo37221 wrote:<snip> AS I UNDERSTAND THE EXCHANGE RATE THAT IS AROUND 19,000 MEXICAN.</snip>
Here is todays exchange rate for 1 USD.
CURRENCY CONVERTER
Mid-market rates: 2012-03-26 20:22 UTC
1.00 USD = 12.6538 MXN
US Dollar Mexican Peso
1 USD = 12.6538 MXN 1 MXN = 0.0790274 USD
Bill Phillips- Share Holder
- Posts : 502
Join date : 2010-04-17
Age : 80
Location : Trent Lakes Ont. in the summer - Puerta Arroyo in the winter
Re: HELP,HELP,HELP,,,PLEASE
He was trying to say that $1500 dollars is about $19,000 pesos at today's exchange rate. Yes, he mangled the sentence, but the math speaks clearly.
Re: HELP,HELP,HELP,,,PLEASE
Sure, you can do it. Since you're single, you won't need a very large place and should be able to find one for less than $500. Our mod, Oncesubtle, can probably advise you what to expect in rentals since he's a landlord.
Food: No problem, especially it you use the many little Mexican tasty on-the-spot cooking stands and shop the sales in the stores. Stick to the Mexican canned foods, since anything imported gets pricey.
Clothes: Also no problem. it's a very mild climate and a light jacket will take care of any chilly days.
Since the buses run everywhere, car ownership is strictly an option.
The one stumbling block for expats seems to be medical issues. Private insurance is high. Medicare doesn't cover Mexico. There is Seguro Popular for rock bottom costs, and cash for doctor visits are around $200 -$400 pesos, depending on the specialty. Dental care....around $500 pesos for a good cleaning.
Per everyone else's advice, I agree you should come on down and check these things out for yourself. Everyone's ideas about an acceptable life style are different.
Food: No problem, especially it you use the many little Mexican tasty on-the-spot cooking stands and shop the sales in the stores. Stick to the Mexican canned foods, since anything imported gets pricey.
Clothes: Also no problem. it's a very mild climate and a light jacket will take care of any chilly days.
Since the buses run everywhere, car ownership is strictly an option.
The one stumbling block for expats seems to be medical issues. Private insurance is high. Medicare doesn't cover Mexico. There is Seguro Popular for rock bottom costs, and cash for doctor visits are around $200 -$400 pesos, depending on the specialty. Dental care....around $500 pesos for a good cleaning.
Per everyone else's advice, I agree you should come on down and check these things out for yourself. Everyone's ideas about an acceptable life style are different.
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: HELP,HELP,HELP,,,PLEASE
I agree with all the above and sent you a private message for your phone number if you would like to chat.
oncesubtle- Moderator
- Posts : 2043
Join date : 2010-04-07
Humor : After 2nd cup of coffee
Re: HELP,HELP,HELP,,,PLEASE
Boy did I get a mental picture this with one. Ha! Ha! Ha! (Just a jacket) Take Caregringal wrote:Sure, you can do it. Since you're single, you won't need a very large place and should be able to find one for less than $500. Our mod, Oncesubtle, can probably advise you what to expect in rentals since he's a landlord.
Food: No problem, especially it you use the many little Mexican tasty on-the-spot cooking stands and shop the sales in the stores. Stick to the Mexican canned foods, since anything imported gets pricey.
Clothes: Also no problem. it's a very mild climate and a light jacket will take care of any chilly days.
Since the buses run everywhere, car ownership is strictly an option.
The one stumbling block for expats seems to be medical issues. Private insurance is high. Medicare doesn't cover Mexico. There is Seguro Popular for rock bottom costs, and cash for doctor visits are around $200 -$400 pesos, depending on the specialty. Dental care....around $500 pesos for a good cleaning.
Per everyone else's advice, I agree you should come on down and check these things out for yourself. Everyone's ideas about an acceptable life style are different.
Parker- Share Holder
- Posts : 1566
Join date : 2011-05-12
Humor : WDWA none
Re: HELP,HELP,HELP,,,PLEASE
Uh.........well, if he's comfortable on a chilly day with his whatevers hanging out and takes it literally.......he'll fit right in with the locals. They'll never even notice.
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
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