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by anticorporate
9 days ago
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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. |
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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).