Cost of Living in Costa Rica
Costa Rica, due to its political stability and economic growth, is often compared to the "little Switzerland" of Central America, offering a higher standard of living than neighboring countries. For those coming from Italy, moving to this nation can mean enjoying significant economic advantages and a more accessible lifestyle. Energy and Services: The cost of petrol is around one dollar per litre, while electricity costs are reduced by around 40% compared to Italy.
Clothing, which does not require winter heating, and car insurance, which can cost half as much as Italian insurance, contribute to further reducing costs.
For residents, public healthcare is particularly convenient, with a monthly cost of 30-40 dollars which includes medical care, clinical tests and medications. Taxation: Opening a VAT number in Costa Rica is advantageous thanks to low taxation, which varies from 5% to 15%, while VAT is set at 13%.
Shopping can cost 15 to 20% less than in Italy, unless you opt for imported products. However, in small supermarkets located in tourist areas, prices can be higher.
Eating out, choosing sodas (small local restaurants) or traditional restaurants, involves a moderate expense, varying between 10 and 30 dollars, allowing you to enjoy the excellent Costa Rican cuisine, both in terms of quality and variety.
Rents vary significantly depending on the location, ranging between 300 and 600 dollars per month; near the beaches, however, costs may be higher. Those who have capital can also consider investing in properties to generate income.
Car rental has similar costs to those in Italy, making it a viable option for those who want to explore the country with greater autonomy. In conclusion, Costa Rica offers an excellent balance between quality of life and economic accessibility, representing an attractive destination not only for its natural beauty and cultural richness, but also for the economic opportunities it can offer to residents and investors.