Mexico vs Costa Rica

Mexico costs roughly 45% less than Costa Rica, though Costa Rica has significantly faster internet infrastructure. Use our tool below to personalize the estimate based on your income and lifestyle.

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Mexico is approximately 45% less expensive than Costa Rica based on cost of living including rent. This makes Mexico a more budget-friendly option for expats considering a move.

Mexico has a FIRE Score of 80/100, indicating its suitability for financial independence and early retirement. The country's safety index is 46.6, suggesting moderate safety levels.

Recommended profile: Mexico is ideal for GeoArbitragers and remote workers looking to maximize savings.

Overall Winner

About Mexico

Safety-sensitive retirees should pause: a 46.6 safety index and a significant safety index gap may signal real risk. But budget-conscious Americans willing to navigate that tradeoff get low rent (a one-bedroom city-center apartment averages $659.65\/mo), a large expat network, and an easy $3,738/mo income visa path to permanent residency.

MONTHLY SAVINGS

$1,638/mo

🛂

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Living Costs (excl. rent)

Single (excl. rent)$702
Family (excl. rent)$2,605

Rent Per Month

1 Bedroom (City Centre)
$660
1 Bedroom (Outside Centre)
$431
3 Bedroom (City Centre)
$1,228
3 Bedroom (Outside Centre)
$816

Attractiveness Scores

FIRE Score
80/100
Retiree Score
61/100
Nomad Score
74/100


Country Details →

About Costa Rica

Costa Rica works for retirees who want a rubber-stamp visa, not bargain hunters chasing rock-bottom prices. A one-bedroom near the city center runs $903/mo, pushing this above typical Latin America budget destinations. The Pensionado visa only requires $1,000/mo in retirement income, but progressive income tax up to 25% and a clear path to permanent residency mean this is a lifestyle purchase, not a tax play.

MONTHLY SAVINGS

$1,153/mo

🛂

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Living Costs (excl. rent)

Single (excl. rent)$944
Family (excl. rent)$3,504

Rent Per Month

1 Bedroom (City Centre)
$903
1 Bedroom (Outside Centre)
$643
3 Bedroom (City Centre)
$1,722
3 Bedroom (Outside Centre)
$1,158

Attractiveness Scores

FIRE Score
56/100
Retiree Score
54/100
Nomad Score
67/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricMexicoCosta Rica
Travel Advisory
Level 2: Increased CautionLevel 2: Increased Caution
Quality of Life Index
126.3
129.4 +3.1
Healthcare Index
72.5 +8.264.3
Safety Index
46.6 +0.7
45.9
Cost of Living Index
34.5 +15.650.1
Living Costs (Single, excl. rent)$701.9 +242.1$944
Living Costs (Family, excl. rent)$2,604.9 +899.2$3,504.1
1BR Apartment (Center)$659.65 +243.8$903.45
1BR Apartment (Outside)$430.55 +212.28$642.83
3BR Apartment (Center)$1,227.82 +494.13$1,721.95
3BR Apartment (Outside)$816.48 +341.25$1,157.73
Avg Internet Speed174.1 Mbps 212.24 Mbps +38.1

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.