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26 Mar 2007, 7:37 am / Other


Last week, I returned from a well-deserved vacation in Costa Rica. It had been just about four years since my last visit but, almost upon my arrival at the Aeroporte in San Jose, I could tell things had changed. A lot. And, as I made my trek to Manuel Antonio and back to the Central Valley, it was obvious that inflation had taken its toll.

During my first visit to Costa Rica back in 2003, certain essentials, such as food and lodging, were surprisingly economical when compared to “The States.” Time was, back then, you could pick up a nice three-bedroom, two-bath home on or near the beach for about $150K. But, during my last visit there, those buys were few and far between. I guess word got out about what a terrific place Costa Rica is to live and retire.

Bear in mind, I’m really not complaining. Although it would have been better if I had stopped dreaming in 2003 and actually have done something about it and purchased a spot. But, that, as they say, is 20/20 hindsight.

I’m impressed daily by the sheer growing numbers of our Yourville members who are entertaining the idea of moving to Costa Rica, even in the face of accelerated inflation, and their apparent concern for what appears to be a growing political instability in neighboring Nicaragua and its possible affect upon Costa Rica.

Some present U.S. citizens, with an eye toward becoming an expat in Costa Rica, would like to see a return to the ol’ days when affordability was a fact for them in Costa Rica. But, alas, the tide is turning, and those entertaining the dream of moving to this glorious land of wonderful people, will have to face the fact that Costa Rica costs more than it used to. But, I can well see that that’s the price you pay for living in paradise.

 

 



My Comments

From: tim
03 Apr 2007, 1:24 pm

Lasse: It seems, judging from reader comments regarding The Economist piece, that the survey figures might possibly be flawed. As one reader's comment put it: "This list is flawed. Berlin is certainly not more expensive than Washington DC, nor Stockholm. Berlin is the cheapest large city in the Western world." Think he might be right?

Later, Tim 






From: Lasse
02 Apr 2007, 3:19 pm

San Jose has actually gone two steps down on The Economist magazine's "Worldwide Cost of Living Survey 2007" for expat workers compared to 2006.

Real estate is going up, but apparently cost of daily supplies/products etc. are going down.

San Jose is in place #122 this year (#120 last year) and index 53 (NY is index 100).

http://tinyurl.com/2cthj5

Cheers, Lasse








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