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Top 5 best places to retire in Mexico on a budget
Budget is an important issue when choosing a place to retire in Mexico. For years, Playa del Carmen, Los Cabos, Cancun and Puerto Vallarta have been traditional retirement destinations for U.S. citizens. But let’s face it: they can be a pretty expensive if you are planning on a low budget.
You must know there are other less-known places in Mexico you can live in for 1,500 U.S. dollars per month or even less. These are small cities and towns where you can pursue the same lifestyle you would have at a more famous place.
This is our top 5 best places to retire in Mexico on a budget.
Top 5 best places to retire in Mexico on a budget
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San Miguel Allende
Located in Guanajuato state, at the heart of Mexico’s territory, this is one of the most beautiful Spanish-colonial towns all over the world. It is internationally recognized for its architecture, culture, arts and crafts. It is a little bit far from the nearest airports, which makes the price of properties more affordable than in other places.
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Alamos
Situated in Sonora state, this is one of the cheapest places to live in Mexico. It is a small town in the middle of the desert, surrounded by mountains. Mining is the most important economic activity, but there are also many opportunities for running a small business or volunteering. If you want to remain near the U.S. border, this is a very good option.
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Querétaro
One of the safest cities in Mexico, Queretaro has gained interest over the past few years as a very nice place to live for both foreign and Mexican citizens. Even though the cost of living here has been creeping up, it is still affordable and certainly much cheaper than in other big cities like Monterrey or Guadalajara. Therefore, buying a property here will be a great investment.
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Cuernavaca
Also known as “The Eternal Spring City” for its always nice-hot weather, this small city is only a 1 hour ride from Mexico City. It is a traditional vacation spot for the “chilangos” (Mexico city residents) and a much more affordable place than the big capital city. There are a lot of opportunities to get a great property here at a very good price, garden and pool included.
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Taxco
This is an old silver-mining town located at the Guerrero mountain zone. For over decades, people from all over the world have come here to get good prices on high-quality silver jewelry and objects. The weather is great and the cost of living is very low. It can become a little crowded on holidays, but it is quite calm for the rest of the year.
As you can see, these incredible options can grant you a luxurious retirement lifestyle in Mexico without spending too much. If you are wondering which one is the best option for you, don’t hesitate to contact us for more information.