Thanks for that eye-opener. I guess with a family and all it cost more. But, as I have mentioned before, I just pay one price per month, less than $900 for my furnished home, and it includes unlimited propane gas, electric, water, wifi, cable television, security and housekeeping. I don't pay any insurance except my health insurance that I have from my prior job that can be used in Mexico. I do leave the housekeepers 200 pesos for each semi-weekly cleaning, but I clean everything and wash clothing etc, when necessary myself, they provide new towels, linen etc. I think I'll stay right where I am! :D I was extremely lucky to find this place, and hope to stay here indefinitely.
@@Mexitplans I know! The actual price I pay is exactly $810 total. I paid that amount for one ROOM in a guesthouse in this same neighborhood. That';s why I took this place as soon as the dates opened up. And like you said. You need people to come when you're not at home so they can catch water leaks, bugs or anything else that can happen when a property is unoccupied. They do that free and touch up on dusting and water the plants.
@@Mexitplans Just want to add, my house has 2 bedrooms and 2 bathrooms. LOL But, it's just me, and I figure if I ever have a guest over they will have their own bedroom and bath. But, for me I use the extra bedroom as my office. And the 2nd bathroom is on the ground floor where service folks or whoever, can use it without going further into the house. So, I'm straight! Don't need anything else.
@@Mexitplans ....one last thing I forgot to mention, is that it comes with a garage. But, I don't have a car so I don't use it. But, it's good to know there's one just in case. The owners have another house that's $200 more per month than the one I'm renting, but it doesn't have a garage. But, it has two patios instead of just the one I have.
This is by far the highest budget I have watched on monthly expenses in Mexico, but it is helpful to see different contexts and what various budgets offer.
Your budget will be determined by your lifestyle. I cover this is the course. Many people are using budgets for a single person or retired couple. There are not a lot of tamiles on UA-cam with similar content.
@@Mexitplans I appreciate your transparency and specifics, and am sure it is helpful for many. You are right: Most I have viewed are for 1-2 people on a tighter budget, not a family of four. That monthly budget is not outrageous at all for professionals in the U.S. It shows that there are a wide variety of budgets that can work in Merida. The heat is my greatesr reservation. Thank you for sharing this video. I wish you and your family the very best!
As always, you deliver! Appreciate all the info that you impart as so much of it is personal. I am interested in contrasting the costs of living in Merida as a single with no kids. Please guide me to your videos for a single with pets. Thanks so much.
We pay quite a bit more for health and car insurance, which I'm suddenly not thrilled about. Obviously there are variables but I have the feeling like us, you get full coverage and top shelf private care, I'll be looking into this. Our largest bill is internet and the lowest is electricity with water not much more. Our overall cost of living monthly is much less as we own our house and pay no rent, and a giant solar array on the roof is pretty sweet. Also living in Santiago in Centro we rarely use Uber or drive locally as we walk to shop, eat and drink which is a money saver over time. The reality is one can pay virtually nothing for a house outside the periferico or spend US money to live in centro, but generally a person can maintain a standard of living here similar to what they know in the States for far less money.
I forgot. I’ve already made the insurance video but it’s under the members section of my website, Mexitplans.com. In that interview with a MexPert she talks about all aspects of insurance. It’s also available for purchase at www.mexitplans.com/product-page/talking-insurance-with-a-mexpert-1
Can you convert to US dollars when you speak in pesos and add it to the screen? It just makes it easier to watch and not be distracted trying to stop and convert as you are speaking.
Quick tip: Use a conversion ratio of 20:1 It makes it easier. I can speak in dollars but you will never pay for anything in dollars unless you are in a tourist zone and then you conversion will be horrible like 17:1. Being able to convert on the fly in a handy skill to learn. If you plan to live here you will need to learn.
I’ll try. I can tell you it’s easily 20% more with the exchange rate. Check out the video I did a few weeks ago: "2023: The Year Mexico Got Pricey - Here's How You Can Beat it!" ua-cam.com/video/L9CiVL1opio/v-deo.html
Just saw this. Awesome content. Did any of your kids go to Madison School? We are interested in it as well as The Workshop School. Any possibility you could do an in depth video on either of those schools? Thanks
None of my kids went to there Madison school. Sorry I have no experience with either of them. The kids in Merida FB group would be a great resource for you.
Websites here can be very outdated with listings not removed once places are rental. The best way to find a place is to visit an area that you like and call the sign on the street.
Good info! Are all bills a situation where you have to pay in person? Or can you pay online? Thinking if we are traveling. For the linch, is that having food they can make themselves, or prepared lunch?
Everybody is not talking about a lavish lifestyle. Don't need pool, houskeeper and all of that and 15 or 20 minutes outside of the city proper in nothing. My lifestyle is just a decent 3 bedroom, 2 bath house for about 400 -500 U.S dollars per month.
Ok. Your lifestyle and budget determine your needs. You might be able to find what your looking for. But some things are a necessity like a pool because of the heat. Always let your lifestyle and budget guide You.
Hey John. I didn't mention it. This information is on the MexitList of my website mexitplans.com which is available to members of the site. It's a list of trusted vendors that I used. Thanks for asking. Check out the website.
Hi Monte, you mentioned having your house maintained while your away. I’ve always wondered how that works especially during the hot rainy season and keep the mold out?
So do you leave ceiling fans on low or air con timer on besides a once a week opening of windows? If we opened windows where I live when it’s 95 degrees out with 80 % humidity that wouldn’t freshen up my house, It’d be like adding fuel to the flame 🥵
Man great videos been watching your channel for a year now we will be there in about four weeks how can I pay for personal mentorship just heard you mention it, I have some questions about Rappi pay and receiving a Rappi card it’s kind of difficult acquiring one in the United States I think you could help
Najee thanks for watching. Here is the membership link to the MexConnect Memberships. The annual membership gives you 45 minutes of 1x1 coaching in addition to all the other benefits such as the MexitList, and exclusive member blog posts, and the MexPert Interviews. www.mexitplans.com/plans-pricing Thank you for being a supporting member.
Monte, can you confirm for me that electricity in Merida is tiered? So that basically what you pay is based on the location of the residence and past use? From what I understood, you can end up paying more or less based on these factors.
Yes it is Rudiger. It’s based on zones and usage. A friend just got their most expensive bill since being there. It was $8000 pesos for two months. They use AC almost 24 hours everyday. That bill was $400 USD for two months or $200 USD per month.
@@Mexitplans during the summer I am paying Georgia Power about the same lol suggested topic for a future video is can we put solar on our roofs and what does that do to an electric bill?
Hi Buddy im in player del carmen, love your videos', can you hook up TransferWise and other accounts such as revolute to a payment credit card machine so i can receive payment in to multiple accounts from one payment machine
@@2GringosOnTheGulf there are plenty of folks shopping there so I don’t think it’s overpriced by their standards. In fact, I rarely see gringos in there. There is tremendous wealth here in Merida so they can sustain the 3 big malls.
Hmmm....so about $700/USD for a good 2BR? How do working Mexicans afford that? From my understanding, professionals like engineers make around $1000/USD per month . You can get the same deal on rent in some small Midwestern and Southern cities in the US without all the problems and issues of living in Mexico.
Good question. They are probably not paying those prices would be my guess. I’m sure you can pick most cities in the us and they will have way more problems, crime, meth users and such than Merida. It’s rated the second safest city in the Americas. North, Centro, por South.
We cannot afford that, the salaries of 80% of the population are between 200 and 400 dollars per month, the remaining 20% is divided into small groups of people, the first group earns between 600 and 1000 dollars a month, another earns between 1000 and 1500 dollars a month, and a very small one earns 1600 dollars a month and more, and the people who earn that are mostly directors of somewhat large companies etc, so an average local could never pay a monthly payment greater than 300 dollars a month, I am Yucateca, the reality of the new houses that are currently being rented or sale in Yucatan is that they are mainly aimed at a foreign market, whether they are from another country or another state, and it is that in recent years Merida has received a very large amount of foreign people, who come looking for a cheap life and a safe place, which is cheap but for people who earn in dollars, that has caused the market to skyrocket in prices and it is increasingly difficult to acquire a house here for a local .
Aldo The cost of the rent or sale has to do with the area in which the house is located more than the number of rooms, areas such as Montecristo, Montebello, Campestre, parts of Altabrisa, Temozon, La Ceiba, are areas where there are many mansions and it is a very safe area because the governor, the chief of the police, deputies, senators and many business owners or directors of companies or important stores in Yucatan live there, as well as there are smaller houses but of people who also he is dedicated to business mostly, that's what the price of those areas are high, I live in the north, which is a safe area but I live in a middle-class neighborhood and my monthly rent for a two-bedroom house is 150 dollars a month
@@aidacastaneda1753 Interesting. So the prices for expats are certainly much higher than for locals. So do you think the problem is with the chicken (expat) or the egg (local home owners)?
Thats more than my mortgage here in the US. And I live in Jersey. 3 bedroom, 2 1/2 bath full basement, garage & yard. And I live in a pretty decent suburb. Def wasnt expecting those prices.
If you live in USA, you will be Debit dead, probably living under a beech, and if you are lucky, living from a food bank, you are lucky been able to live in my country
Great video, this was excellent information.
Thank you for watching!
Thanks for that eye-opener. I guess with a family and all it cost more. But, as I have mentioned before, I just pay one price per month, less than $900 for my furnished home, and it includes unlimited propane gas, electric, water, wifi, cable television, security and housekeeping. I don't pay any insurance except my health insurance that I have from my prior job that can be used in Mexico. I do leave the housekeepers 200 pesos for each semi-weekly cleaning, but I clean everything and wash clothing etc, when necessary myself, they provide new towels, linen etc.
I think I'll stay right where I am! :D I was extremely lucky to find this place, and hope to stay here indefinitely.
Absolutely. I’ve Never seen so many things included for one price. I wouldn’t leave that situation either. That’s the Jackpot.
@@Mexitplans I know! The actual price I pay is exactly $810 total. I paid that amount for one ROOM in a guesthouse in this same neighborhood. That';s why I took this place as soon as the dates opened up. And like you said. You need people to come when you're not at home so they can catch water leaks, bugs or anything else that can happen when a property is unoccupied. They do that free and touch up on dusting and water the plants.
That’s legit.
@@Mexitplans Just want to add, my house has 2 bedrooms and 2 bathrooms. LOL But, it's just me, and I figure if I ever have a guest over they will have their own bedroom and bath. But, for me I use the extra bedroom as my office. And the 2nd bathroom is on the ground floor where service folks or whoever, can use it without going further into the house. So, I'm straight! Don't need anything else.
@@Mexitplans ....one last thing I forgot to mention, is that it comes with a garage. But, I don't have a car so I don't use it. But, it's good to know there's one just in case. The owners have another house that's $200 more per month than the one I'm renting, but it doesn't have a garage. But, it has two patios instead of just the one I have.
This is by far the highest budget I have watched on monthly expenses in Mexico, but it is helpful to see different contexts and what various budgets offer.
Your budget will be determined by your lifestyle. I cover this is the course. Many people are using budgets for a single person or retired couple. There are not a lot of tamiles on UA-cam with similar content.
@@Mexitplans I appreciate your transparency and specifics, and am sure it is helpful for many. You are right: Most I have viewed are for 1-2 people on a tighter budget, not a family of four. That monthly budget is not outrageous at all for professionals in the U.S. It shows that there are a wide variety of budgets that can work in Merida.
The heat is my greatesr reservation. Thank you for sharing this video. I wish you and your family the very best!
@@foreverealm you are welcome.
Thanks for taking the time & effort to put this info out!!!! Taking notes......
You are welcome. It’s a lot of information but I think it’s helpful to have a comparison.
I love your videos . you just say as it is .. no sugar coating. Just keeping it real.
My goal is to keep it 💯
Thank you for that important information. I love your informative videos.
My Pleasure. Keep watching cause there is a lot more goodies in the more recent videos.
@@Mexitplans I certainly will!
As always, you deliver! Appreciate all the info that you impart as so much of it is personal.
I am interested in contrasting the costs of living in Merida as a single with no kids. Please guide me to your videos for a single with pets. Thanks so much.
I can only speak to the expense for a family. But take a look at the comments. Global Adventurer shared his expenses for 1.
Great video and information on what to expect in monthly expenses....thank you!
My pleasure.
Great info! Thanks for sharing. 😊
My pleasure. Thank you for watching.
Love your videos, thanks for all the info you provide.
My pleasure! Thank you for watching.
Thanks brotha for the information
No problem 👍
Most informative video I've seen on living expenses breakdown for any location.. Keep putting out these great videos!!
Thank you!
EXCELLENT MONTY! 🤗 THANK YOU!
You are so welcome. Thank you for watching.
We pay quite a bit more for health and car insurance, which I'm suddenly not thrilled about. Obviously there are variables but I have the feeling like us, you get full coverage and top shelf private care, I'll be looking into this. Our largest bill is internet and the lowest is electricity with water not much more. Our overall cost of living monthly is much less as we own our house and pay no rent, and a giant solar array on the roof is pretty sweet. Also living in Santiago in Centro we rarely use Uber or drive locally as we walk to shop, eat and drink which is a money saver over time. The reality is one can pay virtually nothing for a house outside the periferico or spend US money to live in centro, but generally a person can maintain a standard of living here similar to what they know in the States for far less money.
This is really good information. Thank you for sharing.
Amazing vid!
Thanks. I’m glad it was helpful.
Please do a video on the insurance component of this!!!! Any recommendations on health insurance specifically? Would be GREATLY appreciated
I will. Stay tuned and subscribed.
I forgot. I’ve already made the insurance video but it’s under the members section of my website, Mexitplans.com. In that interview with a MexPert she talks about all aspects of insurance. It’s also available for purchase at www.mexitplans.com/product-page/talking-insurance-with-a-mexpert-1
Okay thx
Can you convert to US dollars when you speak in pesos and add it to the screen? It just makes it easier to watch and not be distracted trying to stop and convert as you are speaking.
Quick tip: Use a conversion ratio of 20:1 It makes it easier. I can speak in dollars but you will never pay for anything in dollars unless you are in a tourist zone and then you conversion will be horrible like 17:1. Being able to convert on the fly in a handy skill to learn. If you plan to live here you will need to learn.
WE live in Merida for a lot less! Like 35% less! FYI...we eat out 5 times per week.
That's awesome! We are a family of four, how big is your family? Each lifestyle can definitely cost differently.
@@Mexitplans Family of 3. Plus 3 dogs. We buy from local mom & pop stores. Avoid the Walmart's. Buy from Chedruari when necessary.
Hi Monte! Can you do a 2023 cost of living video?
I’ll try. I can tell you it’s easily 20% more with the exchange rate. Check out the video I did a few weeks ago: "2023: The Year Mexico Got Pricey - Here's How You Can Beat it!"
ua-cam.com/video/L9CiVL1opio/v-deo.html
Just saw this. Awesome content. Did any of your kids go to Madison School?
We are interested in it as well as The Workshop School. Any possibility you could do an in depth video on either of those schools?
Thanks
None of my kids went to there Madison school. Sorry I have no experience with either of them. The kids in Merida FB group would be a great resource for you.
Thanks so much for this video! What websites can I use to find rentals !?
Websites here can be very outdated with listings not removed once places are rental. The best way to find a place is to visit an area that you like and call the sign on the street.
Good info! Are all bills a situation where you have to pay in person? Or can you pay online? Thinking if we are traveling. For the linch, is that having food they can make themselves, or prepared lunch?
I pay all mine online.
Everybody is not talking about a lavish lifestyle. Don't need pool, houskeeper and all of that and 15 or 20 minutes outside of the city proper in nothing. My lifestyle is just a decent 3 bedroom, 2 bath house for about 400 -500 U.S dollars per month.
Ok. Your lifestyle and budget determine your needs. You might be able to find what your looking for. But some things are a necessity like a pool because of the heat. Always let your lifestyle and budget guide You.
This is very accurate and matches our expense experiences here in Merida as well. Thank you!
Glad it was helpful. It largely depends on your lifestyle.
Hi, Great video, Did you mention where you purchased your Medical Isurance ? is there a link?
Hey John. I didn't mention it. This information is on the MexitList of my website mexitplans.com which is available to members of the site. It's a list of trusted vendors that I used. Thanks for asking. Check out the website.
thanks
Hi Monte, you mentioned having your house maintained while your away. I’ve always wondered how that works especially during the hot rainy season and keep the mold out?
My housekeeper comes every week whether we are there or not. Part of the reason is to simply open the house and to keep it fresh.
So do you leave ceiling fans on low or air con timer on besides a once a week opening of windows? If we opened windows where I live when it’s 95 degrees out with 80 % humidity that wouldn’t freshen up my house, It’d be like adding fuel to the flame 🥵
No. I put down like 20 damp rids throughout the house.
Thanks! Who do you use for health insurance?
AxA. I have a policy through Javier Del Valle here in Merida.
The number seem too high. Tha average RN salary is 317,900 per ur which is 15,000 pesos a month.
These are the numbers from my monthly expenses.
Man great videos been watching your channel for a year now we will be there in about four weeks how can I pay for personal mentorship just heard you mention it, I have some questions about Rappi pay and receiving a Rappi card it’s kind of difficult acquiring one in the United States I think you could help
Najee thanks for watching. Here is the membership link to the MexConnect Memberships. The annual membership gives you 45 minutes of 1x1 coaching in addition to all the other benefits such as the MexitList, and exclusive member blog posts, and the MexPert Interviews. www.mexitplans.com/plans-pricing Thank you for being a supporting member.
You can only get the RappiPay card in Mexico
With a resident visa, now.
Looking for a 1 bedroom for about 5/6 hundred us. Any recommendations?
Look when you arrive is the best advice I can give.
@@Mexitplans in that case I'll be there next week for two weeks 💞
Are personal Solar Power Generators allowed?
You can have solar power on your house.
@@Mexitplans Thank you
Do you have to buy drinking water or a purification system.
We buy drinking water.
Monte, can you confirm for me that electricity in Merida is tiered? So that basically what you pay is based on the location of the residence and past use? From what I understood, you can end up paying more or less based on these factors.
Yes it is Rudiger. It’s based on zones and usage. A friend just got their most expensive bill since being there. It was $8000 pesos for two months. They use AC almost 24 hours everyday. That bill was $400 USD for two months or $200 USD per month.
@@Mexitplans during the summer I am paying Georgia Power about the same lol suggested topic for a future video is can we put solar on our roofs and what does that do to an electric bill?
@@rudigermullins8343 you can definitely put solar on your home. It basically makes your bill a few dollars a month. If I buy, I’ll have solar.
USD please!
Divide pesos by 20/1 is the rule of thumb to get USD. So if it is 5000 pesos it is 250 USD dollars.
Hi Buddy im in player del carmen, love your videos', can you hook up TransferWise and other accounts such as revolute to a payment credit card machine so i can receive payment in to multiple accounts from one payment machine
Thanks. I am not sure I understand the question. You want to receive payment to Wise from multiple payment machines?
@@Mexitplans Hello just one payment machine but multiple wise accounts.
@@chriswood7165 I don’t think this is posible but it’s probably a question for Wise. They have good customer service so give them a ring.
We find it extremely expensive here.
For Mexico standards
There are definitely things more expensive than the states such as clothes.
I'm saying by Mexico standards it's pricy here esp in all these big fancy malls to the north.
Outdoor Markets have much cheaper clothes we have been to 3 so far n have a list of more to cover..we love them
@@2GringosOnTheGulf there are plenty of folks shopping there so I don’t think it’s overpriced by their standards. In fact, I rarely see gringos in there. There is tremendous wealth here in Merida so they can sustain the 3 big malls.
Hmmm....so about $700/USD for a good 2BR? How do working Mexicans afford that? From my understanding, professionals like engineers make around $1000/USD per month . You can get the same deal on rent in some small Midwestern and Southern cities in the US without all the problems and issues of living in Mexico.
Good question. They are probably not paying those prices would be my guess. I’m sure you can pick most cities in the us and they will have way more problems, crime, meth users and such than Merida. It’s rated the second safest city in the Americas. North, Centro, por South.
We cannot afford that, the salaries of 80% of the population are between 200 and 400 dollars per month, the remaining 20% is divided into small groups of people, the first group earns between 600 and 1000 dollars a month, another earns between 1000 and 1500 dollars a month, and a very small one earns 1600 dollars a month and more, and the people who earn that are mostly directors of somewhat large companies etc, so an average local could never pay a monthly payment greater than 300 dollars a month, I am Yucateca, the reality of the new houses that are currently being rented or sale in Yucatan is that they are mainly aimed at a foreign market, whether they are from another country or another state, and it is that in recent years Merida has received a very large amount of foreign people, who come looking for a cheap life and a safe place, which is cheap but for people who earn in dollars, that has caused the market to skyrocket in prices and it is increasingly difficult to acquire a house here for a local .
Aldo The cost of the rent or sale has to do with the area in which the house is located more than the number of rooms, areas such as Montecristo, Montebello, Campestre, parts of Altabrisa, Temozon, La Ceiba, are areas where there are many mansions and it is a very safe area because the governor, the chief of the police, deputies, senators and many business owners or directors of companies or important stores in Yucatan live there, as well as there are smaller houses but of people who also he is dedicated to business mostly, that's what the price of those areas are high, I live in the north, which is a safe area but I live in a middle-class neighborhood and my monthly rent for a two-bedroom house is 150 dollars a month
@@aidacastaneda1753 Thank you very much for your comments and perspective.
@@aidacastaneda1753 Interesting. So the prices for expats are certainly much higher than for locals. So do you think the problem is with the chicken (expat) or the egg (local home owners)?
$1,000 to 1,500? Isn't that rent on par with most middle class areas in the U.S?
I really couldn’t tell you. I haven’t rented in the US in over 27 years. I don’t think you get the same caliber of place though as you can here.
In my area, a two bedroom apartment in a middle class neighborhood is over $2500. I live in the DC suburbs.
Thats more than my mortgage here in the US. And I live in Jersey. 3 bedroom, 2 1/2 bath full basement, garage & yard. And I live in a pretty decent suburb. Def wasnt expecting those prices.
With those prices I need to stay home.
😝
If you live in USA, you will be Debit dead, probably living under a beech, and if you are lucky, living from a food bank, you are lucky been able to live in my country
Gracias para venir. Estoy muy suerte. Mexico me salvo. If you really think so, you should watch more of my videos.