With the current exchange rate of the U.S. dollar to the Mexican peso so favorable, it’s as if all of Mexico is “for sale.”
And that’s true in San Miguel as well. As far as a place to live, you will find that real estate prices to rent or buy in the heart of the colonial district will be high. But a 15-minute walk away, and you’ll pay a fraction of the price.
A typical two-bedroom apartment will run you $800 a month. For a home, you’ll pay about $1,200 per month. There are many homes in nice neighborhoods available for sale for under $150,000.
Your utility bills will be low, with your electric and water bills under $30 per month. Property taxes are a fraction of what they are in the U.S. And going to the market won’t break the bank.
Some typical prices: $3 for a whole chicken, a pound of carrots for 30 cents, and $1.40 for a pound of avocados. For a nice dinner out at a gourmet restaurant, it’s hard to pay more than $50 for a couple, with wine.
Many local restaurants are under $2 per plate for a wholesome and filling meal.