The Dominican Republic has a lot to offer young expats, entrepreneurs, and retirees, not the least of which is a low cost of living. You can afford a calm, Caribbean lifestyle for less than you are likely paying back home.
Forget your idea of Caribbean pricing. 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).
Weekly food shopping for two is about US$120—including grocery items and delicious fresh fish, fruit, and vegetables.
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Prices across the board in the Dominican Republic are more Latin American than they are Caribbean. You could live comfortably in the DR on a budget of $1,200. With a budget of $2,000, you could afford more entertainment and extra household help, for example, and really enjoy the good life. Invest in a place of your own, and your monthly living costs would be much, much less.
This is a realistic and appealing option, as property prices in this country are a bargain, certainly relative to elsewhere in the Caribbean. You could buy an apartment for as little as $100,000 or less.