Home Budgeting The Best Places to Retire in Mexico

The Best Places to Retire in Mexico

The Best Places to Retire in Mexico

Are you planning to move to a cheaper country after retirement?

Many retirees seek to move to a country that is affordable, safe, and has good weather and friendly people. While there are several countries in Europe and South-East Asia suitable for retirement, they are distant and culturally different from the United States. Even if you stay in the northern part of the United States, it won’t take more than four hours to fly to Mexico. Let’s have a look at the best places to retire in Mexico.

1) San Miguel de Allende, Guanajuato

According to data by Numbeo, on average, electricity bills in San Miguel de Allende cost just $28.48 a month which is about $200-$400 less than the US. Plus, San Miguel de Allende is one of the safest cities in Mexico. You can go out at any time without worrying about getting mugged or harassed by a local. This place is perfect for retirees who like Colonial and Spanish architecture. 

2) Morelia, Michoacan

Morelia is a Central Mexican city covered by ancient Colonial buildings made from pink quarry stone. To move to Morelia, you are required to speak a bit of Spanish because although you will find some English-speaking people there, most shopkeepers, taxi drivers, and government officials only speak Spanish. You can easily rent a one-bedroom apartment for less than $100 here.

3) Durango

Don’t get confused by the border-town of the same name in Colorado, Unites States. Durango is the capital of the State with the same name. This is another historic city for culture lovers, housing the renowned Cathedral Basilica. Durango is also even cheaper than Morelia or San Miguel de Allende. The average charge for electricity (including heating, cooling, water supply, and garbage disposal) is just $21.92.

4) San Carlos, Sonora

San Carlos is one of the best places to retire for those who do not understand a word of Spanish or simply prefer to reside in an English-speaking neighborhood. There are several retirement communities present here and most of the retirees are either from the US or UK. Although the real estate price is a bit higher considering the higher standards of living, you can easily rent a one-bedroom apartment for $300.

5) Ensenada, Baja California

Ensenada is a port city in Mexico’s Baja California region. This place is quite popular for its interesting nightlife scene. Moreover, there are hundreds of wineries to be found in the peninsula. So, you might want to move here if you are interested in wining and dining for cheap.

Is It Affordable to Live in Mexico? What About Safety?

One US dollar is equal to 22.57 Mexican Pesos. Plus, the cost of living in Mexico is generally low. In a city like Chihuahua, you can easily have a great meal for one at just $4.53. Numbeo also suggests that a pint of beer in this city costs just $1.36. As far as safety is concerned it is advised to stay away from cities like Los Cabos and Acapulco as they have a higher homicide rate. Apart from that, Mexico is quite safe and friendly.

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