The cost of living is the number one reason expats live in Mexico. Our new Expats In Mexico 2022 survey reveals that when asked to choose why they call Mexico home, almost a quarter of all expats who took part in this year’s study chose the low cost of life as the main reason, although the Mexican way of life and climate as well marked.

“Mexico has long been known as a low-cost haven for American and Canadian retirees,” said company founder Robert Nelson. “It continues to rank among the cheapest countries to live in. With most of the world caught in an inflationary spiral, the cost of living is the main concern for many expats living here, as well as aspiring expats from other countries who are considering or planning to move to Mexico.

Nelson said the study shows that the majority of expats in Mexico – around 64% of all respondents – say they live on a monthly budget of 40,000 pesos or less (around US$2,000 at a 20 to 10 exchange rate). 1) and enjoy a middle-class lifestyle.

“Nearly 80% of respondents, as you might guess, are retirees,” Nelson explained, “many of whom have traded their home country for the low cost of living, sunshine and laid-back lifestyle of the Mexico”.

Along with the lure of a lower cost of living, but a higher standard of living, expats in the survey say their new lifestyle comes second, with 21% of them responding that the life they found in Mexico is what makes them home. Another 16 percent say they like the climate of Mexico where they live. The warmth of the Mexican people and their rich culture are also highly appreciated by expats in Mexico.


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“One of the most interesting findings from this survey,” Nelson said, “is that expats aren’t very concerned about their personal safety, an issue often covered in the US media. In fact, only 17 percent of respondents say personal safety is an issue for them A much bigger concern is their lack of Spanish skills Nearly 39% worry about learning and using the language

The survey was completed by 364 expats currently living in Mexico. On https://www.expatsinmexico.com.

Expats In Mexico – The Expat Guide to Living in Mexico – is an online magazine designed for expatriates currently living in Mexico and aspiring expatriates considering or planning to move to Mexico.

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