Is it cheaper to retire in Mexico or Costa Rica?

Mexico is cheaper than Costa Rica for retirees. Mexico’s moderate lifestyle costs around $1,375 per person per month, while Costa Rica sits at $1,550, a gap of about $175. Housing is the main difference: Mexican cities like Mérida, Oaxaca, or Puerto Vallarta offer rentals 20 to 30 percent below comparable Costa Rican equivalents. Both countries have strong retirement visa programs and substantial English-speaking expat communities. Costa Rica edges Mexico on healthcare quality, political stability, and natural beauty, while Mexico wins on cultural variety, food affordability, and proximity to the US. The choice often comes down to climate preference and proximity to family. For full breakdowns, see our Costa Rica page and Mexico page.