Ready To Relocate? You'll Only Need $2,000 A Month To Live In These Tropical Places
Photo Credit: Photo by Darren Lawrence on Unsplash

Photo Credit: Photo by Darren Lawrence on Unsplash

Ready To Relocate? You'll Only Need $2,000 A Month To Live In These Tropical Places

living abroad , Colombia , Costa Rica , Mexico , Panama
DeAnna Taylor
DeAnna Taylor Sep 1, 2020

With the current racial climate in the United States, on top of how the global pandemic has been handled, more Americans have found themselves considering a move abroad.

What many of us don’t realize (or maybe we do), is that living in the U.S. can be pretty expensive compared to other places around the world. Data from the  U.S. Bureau of Labor Statistics (BLS) Consumer Expenditure Survey found that the average American household spends around $5,100 each month, which is just over $61,000 per year.

Now, compare that to the $2,000 or less per month you’ll need to live in other countries according to the International Living website.

“Most Americans don’t realize just how expensive the United States is in many regards,” Jennifer Stevens, executive editor of International Living said in a statement. “Americans are “pleasantly surprised” to discover what $30,000 a year or less can get you internationally.”

With that being said, here are 4 places you could live for under $2,000 per month, that also happen to be warm year-round.

Note: Many of these places are not currently accepting Americans into their borders, but the restrictions will be lifted at some point.

1. Colombia

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We saw dozens of Black travelers visit the South American country last year, flaunting their colorful photos for all of social media to see. But, did you know that living there is also very affordable?

According to International Living, the average cost for a couple to live in Medellin ranges from  $1,394 to $1,994 a month, or $16,728 to $23,928 a year. Things may be even cheaper in Cartagena or Cali, which are heavily populated with Afro-Colombians.

2. Costa Rica

Photo by John Coletti via Getty Images

Did you know that Jamaicans heavily immigrated to Costa Rica to look for work, and now the culture heavily influences the sites and sounds of Costa Rica? Well, it’s true.

If you love West Indian cuisine on top of lush backdrops, then hearing that you could live just outside of San Jose, for around $1500 a month may definitely push you to pack up and relocate ASAP.

3. Mexico

Photo by John Coletti for Getty Images

As one of the only countries currently accepting American passports, you may want to consider this sooner rather than later. In a town called San Miguel de Allende, around 10% of the population is made up of American expats.

The reason being, a couple can live there for about $1,857 a month or $22,284 a year. This small town is about 170-miles outside of Mexico City, and like the rest of Mexico, has great weather all year.

4. Panama

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For as low as $2,076 a month, you can live in a small mountain town called Boquete that is only about 37 miles from the Costa Rican border. That means you could easily bounce between the two with only a short drive.

It is also said to be a hotspot for retirees as well.

Related: The Black Expat: ‘Finding My Tribe While Living Abroad Was Key’