If you’re thinking about making the move to Costa Rica, you’re probably wondering, “What’s the cost of living like?” It’s a big question, and getting a good handle on it can make your transition smoother and help you avoid any unexpected financial surprises. Costa Rica is known for offering a high quality of life at a relatively affordable price, but like anywhere else, your actual costs will depend on your lifestyle and where you decide to settle down. Let’s chat about what you can expect when it comes to the cost of living in Costa Rica.
Housing Costs
Housing will likely be your biggest expense when you move to Costa Rica, but the good news is, there’s something for nearly every budget. Whether you’re looking to rent or buy, prices can vary a lot depending on location, the type of property, and what kind of amenities you’re looking for.
Renting
If you’re planning to rent when you move to Costa Rica, you’ll find that prices can range from as low as $400 per month for a simple apartment in a rural area to $1,500 or more for a modern condo in popular expat spots like the Central Valley or along the Pacific coast. On average, most people find a comfortable, mid-range rental costs between $800 and $1,500 per month, depending on where you are.
Buying
Thinking about buying property? Costa Rica has plenty of options, from affordable homes in smaller towns to luxury properties in tourist hotspots. Prices can start around $80,000 for a basic home in a rural area and go up to several hundred thousand dollars or more for beachfront or upscale properties. The great thing is, as a foreign national, you can own property in Costa Rica without any restrictions, making it an attractive option for many expats.
Utilities and Internet
When it comes to utilities, Costa Rica tends to be more affordable than many Western countries, but it’s still important to budget for these costs.
Electricity
If you’re mindful of your usage when you move to Costa Rica, your electricity bill can be quite reasonable, usually ranging from $50 to $250 per month. However, if you use air conditioning frequently, especially in the hotter coastal areas, your bill could be higher.
Water
Water is usually very affordable, with monthly bills ranging from $10 to $30 depending on how much you use.
Internet
When you move to Costa Rica, you will find decent internet coverage, particularly in urban areas. Prices for internet service typically range from $30 to $70 per month, depending on speed and provider. If you need high-speed internet for work, you might want to budget on the higher end of that range.
Gas
Many homes use gas for cooking and heating water. A standard gas tank, which might last a couple of months, usually costs around $10 to $20.
Groceries and Dining Out
Food costs when you move to Costa Rica can vary based on your preferences and shopping habits. If you buy local produce and shop at farmers’ markets, you can keep your grocery bill low. For a single person, groceries might cost around $300 to $400 per month, while a couple or small family might spend between $500 and $700. Dining out can be very affordable, with meals at local “sodas” costing $5 to $10, while mid-range restaurants might charge $10 to $30 per person. If you enjoy eating out frequently, be sure to factor this into your budget.
Healthcare Costs
One of the biggest advantages when you move to Costa Rica is access to affordable healthcare. The country offers both public healthcare (Caja) and private options, both providing high-quality care at a fraction of the cost in the U.S. or Europe. Residents pay into the Caja, with costs typically ranging from 7% to 11% of income, often less than $100 per month. Private healthcare is also affordable, with insurance ranging from $50 to $200+ per month depending on coverage, and out-of-pocket costs still much lower than in the U.S. Many expats use a mix of both systems
Transportation
Your transportation costs when you move to Costa Rica depend on whether you own a car or use public transportation. Cars are expensive due to import taxes, with prices ranging from $5,000 for a used car to over $30,000 for a new one, plus gas, insurance, and upkeep. Public transportation is much more affordable, with bus fares between $0.50 and $3, and taxis or Uber also reasonably priced. In well-connected areas, you might not need a car at all.
Entertainment and Leisure
Living in Costa Rica provides plenty of opportunities for outdoor activities like hiking, beach visits, and exploring national parks, often at little to no cost, with park fees typically ranging from $10 to $20. Gym memberships for indoor activities cost around $30 to $50 per month. For those planning to travel within Costa Rica or to nearby countries, budgeting for transportation, accommodations, and activities is smart, as domestic travel is generally affordable with some flexibility.
Understanding the cost of living for when you move to Costa Rica is key to planning your move successfully. While Costa Rica offers a great quality of life at a lower cost than many Western countries, it’s important to create a budget that fits your lifestyle and expectations. By doing your homework and planning ahead, you can ensure that your transition to life in Costa Rica is smooth and financially stress-free.
If you’re ready to take the next step or have more questions about the cost of moving to Costa Rica, I’m here to help. Book a free consultation with me, and let’s talk about how we can achieve your goals. Don’t forget to check out my website and YouTube channel for more tips, advice, and real-life stories from people who’ve made the move successfully. Costa Rica is waiting for you—let’s make it your new home without any financial surprises!