Seeking a lower cost of living than in the United States or Canada is very natural. And, San Carlos is an ideal place.
The cost of living in San Carlos is affordable, with rent ranging from US$600 to US$1,000, depending on your exact location and how big your apartment is.
A three-bedroom apartment in the city center will cost about US$850 and a three-bedroom apartment outside of the city center averages at about US$650.
For example, a single person can live on US$870 to US$1,000 a month to cover all costs of living in San Carlos.
Besides housing costs, you will have the cost of basic amenities in San Carlos.
Some basic costs for life in San Carlos include utilities, which run about US$74 for a 85-square-foot apartment. This includes electricity, heating, cooling, water, and garbage. Internet costs about US$24 per month in San Carlos.
If you want to go out in San Carlos, you’ll find dining and entertaining prices are much cheaper than in areas north of the border. A meal at an inexpensive restaurant costs just under US$6 and a meal for two people at a mid-range restaurant will run you about US$30.
For beverages, a bottle of water averages about 50 cents, a soda is 80 cents, a cappuccino is US$1.33, and a domestic beer is usually around US$1.38.
San Carlos is an active town, and there are many outdoor and athletic activities to choose from, including golf, hiking, and water sports at the beach. Many activities are free, including hiking trails and beaches. For entertainment costs, the average price of a movie ticket is US$4.
For shopping in San Carlos, you will also find reasonable prices, although they may not be as budget-friendly as the overall cost of living. A pair of name-brand jeans costs an average of US$42, a summer dress costs US$37, and a pair of Nike running shoes costs about US$79.
When investing in real estate in San Carlos, you will find beautiful properties for affordable prices and values that continue to rise. However, unlike more trendy parts of Mexico like Puerto Vallarta, San Carlos still has affordable housing.
Located only four hours from the U.S. border, the beautiful beachfront city is an excellent choice for real estate. A two-bedroom home costs about US$200,000 to US$300,000, on average. A three-bedroom, two-bathroom home can start at about US$400,000, depending on the exact location and amenities.
You do not need to be a citizen to buy real estate in Mexico. Foreigners can buy property in Mexico, with some restricted zones within 31 miles of beaches or 62 miles from international borders.