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The Cost Of Living In Santo Domingo, Dominican Republic

Live And Invest Overseas by Live And Invest Overseas
Mar 24, 2015
in Mailbag
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Dominican Republic
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“Kathleen, I receive your email newsletter (which I must comment that I do enjoy and appreciate). I was quite intrigued when you began making mention of the Dominican Republic and have been following your promotions of the DR lately with great interest.

“The reason I am interested in the DR is that in 2011 I went down to there and married a gal there and lived down there with her and her two children for a year-and-a-half. I had a very positive experience, and I plan to go back.

“One point that caught my attention in an email recently is that you made mention of a rental price of about US$450 per month as a low-end price for a one-bedroom apartment. I would like to advise you that the cost is even cheaper than that. We currently have a three-bedroom, three-bath apartment rented in Santo Domingo that we are keeping even though we are not currently living there. The cost is only about US$270 per month (it varies with fluctuations in exchange rate between the U.S. dollar and the Dominican peso). I’m not talking about some dump of a place.

“At present, of course, I’m back at the salt mines here in the United States, counting the days until we can return to the DR.”

–Walden B., United States

Continue Reading: Investing In Property In Las Terrenas, Dominican Republic

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Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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