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by lbrito 7 days ago
Don't wanna spoil your dream, but have you actually lived in Latin America? Cost of living might not be what you think. I also have the feeling that foreigners don't really understand the crime situation. Of course, its a big regions with some variation.
2 comments

I've not lived there but I've spent significant time in a handful of places there. I think a lot of people have cost-of-living shock because they try to live a US lifestyle in a place where import costs vastly outweigh any savings on local goods.

My reason for wanting to move comes more from culture and place than cost of living. That said, I do expect my cost of living to be lower, because my cost of living is artificially high where I live today; I could probably cut it in half by moving domestically in the same state.

Crime is a legitimate concern, but it's highly variable across the vast expanse of Latin America. There are very safe places to live across the region, but you need to do your research.

Re: cost of living, I'm thinking more about things like housing and utilities.

Where I live (BC), power costs around CAD 0.085/kWh. In my home state in Brazil, the cost is CAD 0.25/kWh - 3 times higher. Natural gas is 20 times more expensive, although you'll only be using it for cooking. Basically any consumer good is as expensive or more expensive. Inflation is higher, credit is much more expensive. Housing is significantly cheaper than in large US/CA metros, but isn't exactly cheap: a nice apartment in my city rents goes for about 1500 CAD.

Like you said, its a big region. I don't know much about the rest of Latin America, but from the conversations I've had with people from other countries, they say yeah, we're on the same boat. Crime is also increasingly metastasizing as a problem in previously safer regions (Uruguay, Argentina, Equador).

This is exactly the kind of calculus I hope everyone does. For example, I can't say I'm jealous of much else about the cost of living in BC, but my electricity rates in North Carolina are more than double yours, much closer to Brazil's. Everywhere's a little different. My biggest expenses (taxes, housing, and health care) will probably go down in most of the places I'd consider moving to, but some things (like transportation, and consumer goods as you mention) I would expect to go up, especially since I spend less in those categories than most people I know to begin with.
I was trying to match the parent comment. Much of Asia would probably cheaper and safer.

I did spend significant time in Asia and I found myself actually more comfortable than in the US. People just leave each other alone.