It is the very best choice to live in Cabo San Lucas. But, what about the cost of living in Cabo San Lucas? Well, here we will give you all about Cabo San Lucas’ cost of living in detail. In this article, we will explain to you the cost of food, transportation, housing, healthcare, fitness, internet, utility, taxes, etc. do you know? Cabo San Lucas is also known as Cabo. It is a resort city located at the southern tip of the Baja California Peninsula, in the Mexican state of Baja California Sur, Mexico. Cabo is popular because of its beautiful beaches.in Cabo shorelines are spacious, giving beachgoers plenty of space to spread out, build sandcastles, and kick a soccer ball around. Let’s come to the cost of living in Cabo San Lucas.
What Is The Cost Of Living In Cabo San Lucas?
The cost of living in Cabo San Lucas is $506 for a single person and $1530 for a family of four, including one cupola and two children. While the average cost of living in Cabo San Lucas including rent is $944 for a single person and $2387 for a family of four, including one couple and two children. Cabo San Lucas is the top 38th of the least expensive cities in the world, ranked 5768th out of 9294 in the global list and 10th out of 144 in Mexico. We have mentioned a table, showing the cost of living in Cabo San Lucas Mexico as compared to the cost of living in the United States. From this table, you can get an idea of how much money do I need to retire in Cabo San Lucas.
| Cost Of Living For | Cabo San Lucas | USA |
|---|---|---|
| Health | $250 | $100 |
| Entertainment | $350 | $297 |
| Utilities | $75 | $290 |
| Housing | $1,500 | $1320 |
| Transportation | $75 to $150 | $581 |
| Groceries | $450 | $438 |
| Housekeeping | $140 | $80 to $250 |
Home Rent
Housing cost is one of the biggest expenses in the cost of living. The average cost of home in Cabo San Lucas is not that much. The average one-bedroom apartment in the city center stands at around $681 per month. If you are okay with an apartment outside of the city center that will cost around $404. To understand more about the cost of rent or housing in the city of Cabo San Lucas, take a look at the table given below, showing you the cost of rent for one and two-bedroom homes in the different regions in Mexico.
| City | Approx 1 Bedroom Rent | Approx 2 Bedroom Rent |
|---|---|---|
| Mexico City | $552 | $1,215 |
| Cancun | $552 | $718 |
| Guadalajara | $500 | $801 |
| Oaxaca | $552 | $773 |
| Puebla | $249 | $828 |
Food Cost
How much does food cost in Cabo San Lucas? This is the question from first-time visitors. Well, the average cost per meal in the city is around US$15 to US$25 for a single person. While meal prices in the city can vary, the average cost of food in the city is M$ 846 per day. Based on the spending habits of previous travelers, when dining out an average meal in Cabo should cost around M$ 338 per person. Breakfast prices are usually a little cheaper than lunch or dinner. Here is a table showing you the cost of dinner for two people in the different regions of the country.
| City | Approx Dinner Cost For 2 |
|---|---|
| Mexico City | $89 |
| Cancun | $92 |
| Guadalajara | $80 |
| Oaxaca | $50 |
| Puebla | $64 |
Travel Cost
There are several options for traveling in Cabo San Lucas. $75 one-way for a private shuttle to Cabo hotels for up to 6 people. While $135 round trips for a private shuttle to and from a Cabo hotel for up to 6 people. In Cabo, taxis are easy to find wherever you are traveling, although the price is usually high. Expect to pay $8 to $10 US dollars to travel a mile in the city or $25 to 40 US dollars to travel from San Jose del Cabo to Cabo San Lucas.
Other Expenses
Let’s consider the other expenses such as the cost due to healthcare, fitness, internet, utilities, and many more.
Health Care
The cost of living in San Jose del Cabo may be less because of the very affordable cost of healthcare. The cost varies depending on the type of medical insurance, level of coverage, and the number of family members covered, among other factors.
Utility Bills
In Cabo San Lucas, the monthly bill for utility will be around 875 MXN, and it includes the bill of electricity, healing, cooling, water, gas, and garbage. The cost of utilities in US dollars is $75 per month.
Internet Bills
WiFi connections are generally stable around Cabo San Lucas, however, some resorts have been known to charge for their Wifi, so check before you travel. The price of an internet of 300 Mbps for one month, will cost you Mex$ 739.
Fitness
In Cabo San Lucas, the cost of fitness is not fixed and changes according to the number of services offered by the fitness club or gym. The cost of fitness is in the range of Mex$150 to Mex$ 450 per person, per month.
Entertainment
Where do expats live in Cabo San Lucas? Well, Cabo Bello is close enough to the Marian area in Cabo san Lucas, but at the same time, you can find a very large home in this area that’s covered by trees, plants, and all sorts of local vegetation.
Taxes
In Cabo, all of the purchases made by tourists, particularly those paid via a credit or any other form of electronic payment have a 16% VAt payment attached to them. This is a federal tax known as IVA in Mexico.
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FAQ
Is It Expensive To Live In Cabo San Lucas?
Although it has a reputation as one of the most expensive cities in Mexico, Mexico still offers a significantly reduced cost of living when compared to the U.S. Since Cabo is located at the tip of a peninsula, almost like living on an island, delivery of goods like furniture can be more costly.
Is Cabo San Lucas A Cheap Place To Live?
Cabo San Lucas has the reputation as being a higher cost of living area in Mexico. However, the cost of living in Cabo San Lucas and the rest of the Los Cabos Corridor is still much more affordable than what is found back in the U.S. or Canada.
What Is The Average Salary In Cabo San Lucas?
The average salary for jobs in Cabo San Lucas, Mexico is $269,197 (MXN) per year or an hourly rate of $129 (MXN).
Is Cabo A Good Place To Live?
While it is an expensive place to live in Mexico, the cost of living is still lower than in many U.S. and Canadian cities. And you can lower your costs by living outside the tourist areas. Cabo San Lucas has great healthcare, shopping, food, nightlife, and all the comforts you need to live in Mexico.
Conclusion
By reading this article, you come across the cost of living an American living in Cabo San Lucas. There are lots of things to do in Cabo San Lucas, including visiting beaches like Medano beach, Lover’s Beach, Chileno Beach, Santa maria Beach, Palmilla Beach, Cannery Beacher, Cabo Pulmo, and many more. Do you know, there are several pros and cons of living in Cabo San Lucas? The pros are good safety for women, low crime rate, non-smokers, and beautiful weather. While cons are, the rainy season, tropical storms, censorship, and contaminated tap water. So, before visiting Cabo consider these pros and cons and the cost of living in Cabo San Lucas.