Merida, Mexico is Too Expensive?! 

Everywhere is getting more expensive. We can still go out for a taco dinner and spend about $10 for a dinner for two. You can also go to Nectar and pay $200 per person. Your choice on how you want to balance your spending.

My favorite professor taught me the greatest lesson: "Nothing is constant but change".

Living in Mérida, Mexico, is a delightful experience characterized by its rich cultural heritage, vibrant arts scene, and friendly community. The city's colonial charm is evident in its well-preserved architecture and picturesque streets, while its modern amenities ensure a comfortable lifestyle. Mérida offers a unique blend of traditional Yucatecan cuisine and contemporary dining options, making it a food lover's paradise. The warm, tropical climate allows for year-round outdoor activities, and its proximity to stunning beaches and Mayan ruins provides endless opportunities for exploration. Moreover, Mérida's low crime rate and affordable cost of living make it an attractive destination for both locals and expatriates seeking a high quality of life. Great video, Alexander Howell!

Thank you Alex! Really well done overview. My understanding of an additional contributing factor is the current infrastructure development (Tren Maya, La Plancha) and the impact it is having on driving the cost of labor resulting with architects in competition for labor with the government.

I live in Vancouver Canada. A 680sq ft. 1 bedroom condo is $750,000. I shopped new 2 bedroom 3 bathroom 1700 sq.ft places in Merida for $260,000 Canadian. What's cheaper in Merida than Vancouver? EVERYTHING. I'm retiring to Merida in 6 years.

Im mexican and I welcome all foreigners that come to invest in our country and that come with good intentions. Ignore the bitter ppl !!

I don't care what others think. I moved to Merida and am living my life. What others think is thier problem or promotion.

That's very true, the houses in Centro are really expensive now, we bought one to remodel in Barrio San Juan on summer 2020 and we already felt it was expensive, but in hindsight we were lucky to jump back then, now it would just be out of reach. Great content and keep it up!

Hi, nice video. Where did you get the statistic of 2nd safest city in the North America?

Did you put a/c in the house you are building? Are there golf courses? I'm looking to buy a property where I can see the sunset from my house?

CAn we connect? We live in KC too and want to move to Merida and would like to hear about your experience!

I purchased mine in Santiago it’s 75% done can’t wait we still sending $$ almost almost done

What do you think about the prices in Merida, Mexico?

Really enjoyed this video and your perspective. As a retiree on a fixed income, it will be easier to cope with inflation and cost of living in Mexico than here on the East Coast. I welcome the heat, we are yo-yo ing from 21° to 74° within a couple of days & everyone is getting sick. Hoping to escape the toxic environment here as well. I think it will be wonderful - once I finally get there...with pets.

We have been living here for over 6 months and love Merida but yes getting more expensive then we noticed 5 years ago when we visited when we lived in Isla Mujeres. That being said the secret is out about the city so that and it has gotten more expensive all over north america.

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Even with the astronomic increase in pricing, we can't imagine living anywhere else than Merida.

The exchange rate has added another layer of cost for Americans. Inflation plus exhange and your looking at 20% over the past year. Ouch!

Great Information Brother🇲🇽

Great points! Agreed.

I can see being upset over gentrification because large commercial developers came in and purchased large regions as rental properties and tailored them to wealthy people. But purchasing a home with the intent to live in it and renting it out in the meantime to cover costs is not the same. Another factor is you are spending your money in the local economy. To build your home you needed contractors, laborers, furniture and all that comes with a home build. Now you use local rental agencies and service providers to maintain the rental. Those dollars go into the local economy not your home economy. The thing I found interesting was the 20-year view of the dollar to peso comparison. Covid caused a spike but before covid there was a steady upward trend. In 1994 the Peso was 4.5 to every dollar and that gap continued to grow over those 20 years. Over the last 4 years that downward trend was a normalization after covid. So, I guess it's all about perspective.

México is obviously getting wealthier so that is driving up demand. That being said, every country is printing money to fund govt, especially the USA, so thats definitely causing prices to increase.

Look at the peso vs the dollar. The peso is getting stronger again since the pandemic. This time is a bit stronger against usd than pre pandemic. Mexico manufacturing is growing since. Middle class is getting a little stronger. That's what I found on this subject.

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U took a whole bunch of money and dripped it on a property which u rehabilitated. That is the most direct form of investments.

On what you will expect it will happen with so many foreigners coming rent will be $2,000 in 225 and one taco will be 50 pesos and everything will be super crazy expensive like in Manhattan because it's just simple logic

I keep trying to tell Jose that ! -- Mexico is a lost cause for saving $ if you want more from your USD - especially for the future !!! -- Inflation for US expats is very real when compared to SE Asia. -- If the excruciating heat & humidity don't bother you - I highly recommend Siem Reap as a far superior retirement destination if you get monthly USD to live on. The city is beautiful the people are the friendliest in the world - and get this - they speak English !!! And they even accept USD. - - - INTERNATIONAL FOOD CHOICES are available + cheap delicious street food can be had. 50 cent beer even. + No visa requirements / qualifications only $180/year cost. -?- (( What the hell - is not to like ? )) --- Rents are as low as $50/mo. for a room on up to extravagant. --?-- Merida - - Mexico you can be certain inflation is going to increase must faster than some other countries in the next few years. ( And if your like me Spanish is a pain in the ass. ) But I'm old and don't need the frustration in daily life for the essentials. - - - Just trying to help provide a great alternative to both the US & Mexico ! - - - The Philippines is another English speaking friendly country where you can live up to 70% less than the US !!! -- AND -- a 3 year tourist visa is available for US expats w/o having to leave. - - - Mexico SUCKS compared to some other choices. (Mexico is only 40% less and getting less real fast)

I'm just thinking of ways to laugh at Mexico

These videos are kind of ridiculous. Americans/Canadians move down there in droves and are whinning about how expensive it's gotten?! These jokes write themselves😂😂

Five minute talking and learning nothing😂

I don t give a shit lol