Cost of Living in Costa Rica

5 minute read
10 shares
cost of living in Costa Rica

Costa Rica, a picturesque Central American nation known for its lush rainforests and stunning coastlines, offers a unique and vibrant cost of living. While the cost of living in Costa Rica is generally lower than in many Western countries, it can vary significantly depending on the region and lifestyle choices. With its affordable housing options, reasonably priced food, and accessible healthcare, expatriates and retirees often find Costa Rica an attractive destination. However, certain urban areas and tourist hotspots may have higher costs. The country’s diverse landscape and warm climate make it an enticing choice for those seeking a more affordable yet enriching lifestyle. Let’s get into the specifics through this article. 

Why Choose Costa Rica?

Choosing Costa Rica offers a plethora of compelling reasons. Renowned for its ecological diversity and commitment to sustainability, Costa Rica beckons nature enthusiasts and adventure seekers alike. From stunning beaches to lush rainforests teeming with wildlife, the country is a paradise for eco-tourism. Its warm and welcoming culture, coupled with excellent healthcare and affordable cost of living, makes it an ideal destination for retirees and expatriates. Whether seeking a tranquil retirement haven or an enriching experience in a breathtaking environment, Costa Rica stands out as an exceptional choice.

Also Read: Top Scholarships for International Students to Study in Costa Rica

Restaurants 

Here are the expenses of restaurants in Costa Rica:

Restaurants Price (CRC) Range (CRC)
McMeal at McDonalds (or Equivalent Combo Meal) 4,820.56  4,000.00-5,356.17
Water (0.33 litre bottle) 833.91  600.00-1,300.00
Coke/Pepsi (0.33 litre bottle) 1,007.34  750.00-1,606.85
Cappuccino (regular) 1,695.32  1,000.00-3,000.00
Meal, Inexpensive Restaurant 5,000.00  3,200.00-10,000.00
Meal for 2 People, Mid-range Restaurant, Three-course 30,000.00 16,000.00-50,000.00

Markets

The table displays the prices of various items found in markets, along with their respective price ranges:

Markets Price (CRC) Range (CRC)
Potato (1kg) 1,278.48  600.00-2,142.47
Loaf of Fresh White Bread (500g) 1,210.57  500.00-2,500.00
Banana (1kg) 779.97  500.00-1,500.00
Eggs (regular) (12) 1,614.55 900.00-2,800.00
Local Cheese (1kg) 3,958.38 2,000.00-8,000.00
Chicken Fillets (1kg) 4,317.33  2,000.00-7,000.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 6,050.96  3,500.00-9,000.00
Apples (1kg) 2,177.65  932.86-4,000.00
Milk (regular), (1 litre) 940.55  554.76-1,250.00
Oranges (1kg) 1,347.66  535.62-3,200.00
Tomato (1kg) 1,196.64  600.00-2,204.62
Rice (white), (1kg) 1,054.20  620.00-1,550.00
Onion (1kg) 1,258.74  700.00-2,000.00
Lettuce (1 head) 519.74  300.00-1,000.00
Water (1.5 litre bottle) 1,168.17  650.00-2,000.00

Transportation

Here is the table displaying the transportation options with their respective prices and price ranges in a shuffled order:

Transportation Price (CRC) Range (CRC)
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 15,879,927.42  15,000,000.00-18,000,000.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 16,073,000.00  13,000,000.00-19,000,000.00
One-way Ticket (Local Transport) 500.00  350.00-600.00
Taxi 1km (Normal Tariff) 750.00  600.00-1,071.23
Monthly Pass (Regular Price) 20,800.00  13,000.00-34,000.00
Taxi Start (Normal Tariff) 725.00  600.00-1,000.00
Gasoline (1 litre) 808.51  640.00-1,033.74
Taxi 1 hour Waiting (Normal Tariff) 3,500.00 2,980.00-5,000.00

Utilities (Monthly)

The table displays the monthly utility costs:

Utilities (Monthly) Price (CRC) Range (CRC)
Mobile Phone Monthly Plan with Calls and 10GB+ Data 10,800.00  10,000.00-15,000.00
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 40,472.49  22,000.00-100,000.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 26,684.76  20,000.00-35,000.00

Also Read: Scholarships for Undergraduates in the USA

Sports and Leisure

Here are the approximate cost of sports and leisure:

Sports And Leisure Price (CRC) Range (CRC)
Cinema, International Release, 1 Seat 3,500.00  3,000.00-5,000.00
Fitness Club, Monthly Fee for 1 Adult 27,281.53  15,000.00-53,561.74
Tennis Court Rent (1 Hour on Weekend) 17,718.57  10,000.00-30,000.00

Childcare

The cost of childcare in Costa Rica:

Childcare Price (CRC) Range (CRC)
International Primary School, Yearly for 1 Child 4,454,235.08  3,000,000.00-7,200,000.00
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 210,297.52  130,000.00-360,000.00

Clothing and Shoes

Clothing and Shoes expenses are given below in the table:

Clothing And Shoes Price (CRC) Range (CRC)
1 Pair of Jeans (Levis 501 Or Similar) 38,348.56  20,000.00-54,000.00
1 Pair of Men Leather Business Shoes 50,379.07  30,000.00-80,342.61
1 Pair of Nike Running Shoes (Mid-Range) 59,232.20  37,000.00-95,000.00
1 Summer Dress in a Chain Store (Zara, H&M, …) 26,020.67  15,000.00-40,171.31

Also Read: Cost of Studying in USA

Rent Per Month

The approximate price of rent per month in Costa Rica are given below:

Rent Per Month Price (CRC) Range (CRC)
Apartment (1 bedroom) in City Centre 310,914.65  200,000.00-650,000.00
Apartment (1 bedroom) Outside of Centre 213,037.35  150,000.00-350,000.00
Apartment (3 bedrooms) in City Centre 579,441.19  350,000.00-1,000,000.00
Apartment (3 bedrooms) Outside of Centre 419,313.59  270,000.00-820,000.00

Apartment Price

Apartment prices in Costa Rica are given in the table:

Buy Apartment Price Price (CRC) Range (CRC)
Price per Square Metre to Buy an Apartment Outside of Centre 1,021,651.66  600,000.00-1,710,000.00
Price per Square Metre to Buy Apartment Outside of Centre 689,913.67  477,086.83-1,138,200.00

Salaries and Financing

The Salaries and Financing on the Cost of Living in Costa Rica:

Salaries And Financing Price (CRC) Range (CRC)
Average Monthly Net Salary (After Tax) 469,009.81 
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.56 7.00-12.00

Cost of Living in Costa Rica can be both affordable and rewarding, attracting individuals seeking a diverse and enriching lifestyle. With its picturesque landscapes, warm culture, and relatively lower expenses, the country stands as an appealing destination for expatriates and retirees alike. While variations exist based on location and personal choices, the overall balance of accessible amenities, natural beauty, and affordable living make Costa Rica a compelling choice for those in search of a unique and fulfilling experience.

FAQs

Q1. Is the cost of living in Costa Rica significantly lower than in Western countries?

A. Yes, overall, the cost of living in Costa Rica is often lower compared to many Western countries. However, it can vary based on the region and lifestyle choices.

Q2. What are some factors that contribute to the affordable cost of living in Costa Rica?

A. Factors such as affordable housing options, reasonably priced food, and accessible health care contribute to the country’s relatively lower cost of living.

Q3. Are there specific areas in Costa Rica with higher living costs?

A. Yes, certain urban areas and popular tourist destinations in Costa Rica may have higher living costs due to increased demand and amenities catering to tourists.

Q4. Is Costa Rica a popular destination for retirees and expatriates seeking an affordable yet enriching lifestyle?

A. Yes, Costa Rica is a popular choice for retirees and expatriates due to its warm climate, ecological diversity, welcoming culture, and the opportunity to lead an affordable and fulfilling life.

This concludes the information regarding the Cost of Living in Costa Rica. If you have further questions or need assistance with your study abroad journey, don’t hesitate to reach out to our team of experts at Leverage Edu. We are here to ensure a smooth and hassle-free experience for you.

Leave a Reply

Required fields are marked *

*

*

25,000+ students realised their study abroad dream with us. Take the first step today.
Talk to an expert