Monthly Budget For A Couple Living In Dominican Republic Cost of Living in the Dominican RepublicĮntertainment (Dining, Movies, Bars, Etc.)Ĭlick here for currency conversion at today’s exchange rate. Cost: 600 Food If you cook most of your own meals then you will be disappointed to learn that the supermarkets are not cheap. If you plan on paying on a month to month basis then the prices will increase by at least 50. You could buy an apartment for as little as $100,000 or less. A really nice one-bedroom can be had for as low as 700 a month with a 12 month lease. This is a realistic and appealing option, as property prices in this country are a bargain, certainly relative to elsewhere in the Caribbean.
Invest in a place of your own, and your monthly living costs would be much, much less. With a budget of $2,000, you could afford more entertainment and extra household help, for example, and really enjoy the good life. You could live comfortably in the DR on a budget of $1,200. Prices across the board in the Dominican Republic are more Latin American than they are Caribbean. Weekly food shopping for two is about US$120-including grocery items and delicious fresh fish, fruit, and vegetables. How much does a Big Mac cost in Dubai You can. It’s still cheaper than a sit-down restaurant, but if you’re paying 7.89 for a Big Mac meal, you might be better off eating somewhere else. You can live well in the Dominican Republic on just US$1,355 a month (including many luxuries that you would have to do without on this same budget back home). In New York City, at least, a Big Mac will cost you a solid 5 these days (and more, after tax). You can afford a calm, Caribbean lifestyle for less than you are likely paying back home.įorget your idea of Caribbean pricing.
The Dominican Republic has a lot to offer young expats, entrepreneurs, and retirees, not the least of which is a low cost of living.
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