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      How Much Will It Cost You To Live Overseas?

      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






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          Home Countries Dominican Republic

          The Real Cost Of Living In The Dominican Republic Is Not What You Think

          How Much Does It Really Cost To Retire To The Caribbean?

          by Kathleen Peddicord
          Jul 28, 2021
          in Dominican Republic, Lifestyle
          0 0
          Palm fringed sandy beach of Cayo Levantado, Samana, Dominican Republic.

          Alamy/Peter Schickert

          For many of us, the Caribbean life is the definition of paradise.

          If only paradise weren’t so expensive, right?

          My very good news for you today is that… it doesn’t have to be.

          In one corner of the Caribbean I know, you are in for a surprise.

          I’m speaking of the Dominican Republic.

          In the “DR,” your day might start from your backyard with a relaxing walk on the beach.

          The breeze is blowing, the palm trees are providing just enough shade, and the sand is soft and cool beneath your bare feet. You already know that today’s going to be another good one…

          Come noon, you could slide up to a table on the beach to lunch on a fresh-caught fish platter for about US$7. A couple of your neighbors walk by and stop to chat so you splurge for a Presidente beer or two at US$2 each…

          Normally for dinner you’d stop by your favorite little restaurant with that nice waitress and order your usual US$15 lobster entrée…

          However, this afternoon you’re showing some friends from back home around your new neighborhood, so you’re planning on the fourth-generation French restaurant across the street to really show off. They’ll gush over the wine and the pâté and the coq au vin and say it’s some of the best French food they’ve ever had.

          And you’ll smile…

          Remembering when you first discovered this Caribbean secret.

          A sunrise as seen from a beach in the dominican republic. The sun is just above the horizon and the sky is pink purple and orange

          The Dominican Republic is no typical Caribbean island. One town we love in particular, on the north coast of the island, was discovered by Europeans looking for an affordable Caribbean getaway.

          Today, this “beach town” is a vibrant international community with residents from all over the globe, including American, Canadian, French, German, Swiss, Italian, Dutch, and British expats.

          Despite its thriving foreign population, costs here have remained local. A couple can enjoy the good life in this corner of the Dominican Republic for as little as US$1,290 a month.

          Here’s How Your Monthly Living Costs Could Break Down:

          Monthly living costs in the Dominican Republic
          If you hate long flights and want a home in the sun that’s as accessible as a direct two-hour hop from the States…

          If you just can’t manage to master Spanish and want a place where you can get by in English… or even French or German…

          If you’re lured by a beach lifestyle but want more options than relaxing on the sand all day…

          If you want upscale restaurants and international theaters to complement your snorkeling and whale watching…

          And if you’d love the chance to embrace an easy pace of life in a nation that’s all about community spirit and traditional values that harken back to 1950s America…

          Then I’d suggest you take a close look at the Dominican Republic.

          This island nation is home to thousands of retirees and expats who have already made the move to paradise—and they’d love to welcome you as their neighbor.

          Sincerely,
          Kathleen Peddicord
          Kathleen Peddicord
          Founding Publisher, Overseas Living Letter

          Tags: Caribbean islandcost of living in the dominican republicDominican Republic budgetexpats in the dominican republiclive in the Dominican Republicmove to the Dominican Republic
          Share117Tweet73
          Kathleen Peddicord

          Kathleen Peddicord

          Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

          Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

          Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

          Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

          Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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                HOME

                Top Countries

                • Spain
                • Portugal
                • Panama
                • Belize
                • Colombia
                • Cyprus
                • Mexico
                • France
                • Montenegro

                Best For:

                • Health Care Abroad
                • Retirement Living
                • Cost Of Living
                • Investing in Real Estate
                • Establishing Residency
                • Gun Ownership
                • English Speakers
                • Safety
                BROWSE ALL COUNTRIES

                Budgets

                How Much Will It Cost
                To Live Overseas?

                Super Cheap

                • Chitré, Panama
                • Santa Marta, Colombia
                • Phuket, Thailand
                • Dumaguete, The Philippines

                Cheap

                • Medellin, Colombia
                • Boquete, Panama
                • Kyrenia, Cyprus
                • Hua Hin, Thailand
                • The Algarve, Portugal

                Affordable

                • Valencia, Spain
                • Cascais, Portugal
                • Las Terrenas, The DR
                • Pisa, Italy
                • La Rochelle, France
                • Mazatlán, Mexico

                Luxury

                • Ambergris Caye, Belize
                • Kotor, Montenegro
                • The Panama City Beaches
                • Paris, France

                Resources

                Global Living

                • Living & Retiring Overseas
                • Raising A Family Abroad
                • Foreign Residency & Citizenship
                • Offshore & Diversification

                Making Money

                • International Real Estate
                • Banking
                • Employment
                • Investing
                Meet Our Experts

                Real Estate

                Overseas Property Alert 

                 

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                READ MORE

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                LEARN MORE
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                MORE EVENTS

                Contact Our Events Team:

                Toll-Free U.S. and Canada:
                1 (888) 627 8834

                From Outside North America:
                1 (443) 599 1221

                Working Hours
                Monday – Friday 08:00 am – 17:00 pm EST.

                Reach us with your questions by email at: events@liveandinvestoverseas.com

                Store

                Overseas Havens Reports

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                • Hours of coverage  from our latests conferences

                Lahardan Books

                • Titles on living and investing around the world

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