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@NarsilRenewed2 ай бұрын
Marc, at your previous place, whoever stayed there before you must have run up the power bill quite high. Because this is usually the reason they bump you up into the much higher price rate for power. In MX, they penalize you for higher use of electricity by raising thel rates for the property that uses more power. And you would have to *consistently* use much, much less power for at least half a year for the power company to finally put you back into the lower price bracket. So, you have to always ask to see the most recent power bill before renting any place to avoid surprises. This is exactly what happened to me as well last Oct-Nov in PV, my bill was well over MXN 2.1K for just *one* person. (Not that I could have avoided it since this was a special circumstance)
@Morelifediaries2 ай бұрын
Yes that’s top of our list for things to check when renting in PV - episode dropping soon 🙌🏼
@kenken65502 ай бұрын
That's fascinating!
@octaviocampos69602 ай бұрын
To keep your electricity bills low, make sure no to use more than 4800 kwh over the 12 previous rolling months. If you exceed 4800 kwh you'll loose all subsidies.
@Morelifediaries2 ай бұрын
Thank you! We’re keeping it nice a low at our new place. Unfortunately we had no chance at the other since it was already crazy high
@rainham12 ай бұрын
100% it's called DAC. it gets tabulated every six billing periods or 12 months. once you meet the magic threshold of being below 4800 for 12 months or 6 billing periods in a row you're out of DAC. extremely important info!
@mrsjuliemasse2 ай бұрын
Not too bad considering you had a visitor for two weeks! Really enjoy watching your cost of living videos.
@Morelifediaries2 ай бұрын
Thanks for watching :)
@poeryudo2 ай бұрын
Your videos are always well done and informative. Honest cost of living videos are great to see. Keep up the great work! It would be fun to run into y'all once we get settled into Aguascalientes, and visit PV from time to time🙂
@Morelifediaries2 ай бұрын
Thank you so much! They’re videos we wish we had before we moved here so glad they’re helpful 😊 and yes don’t hesitate to reach out…we’re around lol
@watdahek22 ай бұрын
Your total is quite low compared to ours. Our monthly rental for a 1 bedroom 1 bath apartment is $2,400. We are just 5 miles from Laguna Beach in SoCal. Approx $1,000 on groceries/restaurants, $340 gasoline. Just for April, and just 2 adults.
@Morelifediaries2 ай бұрын
Ours was quite a bit higher in Toronto as well! Our housing expenses were around $4000k cad alone!
@Gudgurl2811 күн бұрын
But Vallarta is in cartel territory. Can’t compare to laguna beach or Toronto
@Gudgurl2811 күн бұрын
Not to mention people there make 400 pesos per day
@TheMdterp20 күн бұрын
Very informative. I'm moving permanently in September and will be remote working and so the main selling point of the house I'm renting in Versailles is that it has solar panels so that will help with the A/C because I am liberal with using the A/C and don't want to get into the commercial rate. I will be brining my car as well but don't anticipate too much driving which is why I picked the neighborhood I did, which is around the corner from La Comer and other walkable shops, cafe's pharmacies, and restaurants. Costs are rising in PV and some ppl are saying they had to find a cheaper place to live or move altogether, but it is still very affordable. My big expense will be rent which is 38000 MX/month but I have no kids and so its still more affordable than where I am now.
@Morelifediaries2 күн бұрын
That's awesome! PV is significantly cheaper than Toronto for most things as well!
@derrick82242 ай бұрын
Hello from Ottawa. Great channel. Thanks for sharing your experience
@Morelifediaries2 ай бұрын
Thanks for watching!
@chasingtheAmericanDream2 ай бұрын
Was that $42,629 pesos including your rent? If so, that’s good for a family of 4 plus a guest for 2 weeks!
@Morelifediaries2 ай бұрын
That’s including rent - not bad at all 🤙🏼
@Einstain0072 ай бұрын
Was in PV last month. Ran into Kathleen. She was so pleasant. Your videos were a huge help before I went there, so thank you!
@Morelifediaries2 ай бұрын
That’s awesome! Thanks for saying hi and glad the videos were helpful 😊
@Chanelle24725 күн бұрын
I want to retire there in 10 years but get started now, at age 41. These prices are unreal, considering I live in the San Francisco Bay Area.
@Morelifediaries24 күн бұрын
Best time to get started 😊 a lot less than Toronto too!
@GadgetNeil20 күн бұрын
No wonder so many Canadians and Americans go to PV as snowbirds, or move there full time after retiring. I'm 61, and living in Toronto; I could easily retire right now if I sold our house and moved to PV! But I don't plan to do that, since we have 3 kids and 2 grandkids here in Toronto. However, I will be done there for 1 month this coming winter, and maybe in a few years we will start spending the whole winter, when I enter 'semi-retirement' mode. In terms of your expenses, you only used gasoline as your car expense. I gather you own your car, but what about insurance and maintenance/repairs on the car?
@Morelifediaries2 күн бұрын
1 month is a great start! You'll see if you'd want to be there longer in the future. We mentionned in the video the car insurance - it's a one time payment per year that's usually a couple hundred usd depending which company you choose. We own our car outright and thankfully we didn't have any maintenance or repairs for that specific month but those have ranged from a couple hundred pesos to $10K+ depending on what it was. Typically regular maintenance is comparable to what we pay in Toronto.
@amdgeneral13442 ай бұрын
Hello friends !! Is not to bad what you guys paid per month in Washington I use to pay for 1 bedroom apartments 1.900 dollars per month plus utilities ...saludos!!
@Morelifediaries2 ай бұрын
Average rent in Toronto for a 2 bedroom is around $3500 😱
@belliott48442 ай бұрын
Thank you, great info!
@Morelifediaries2 ай бұрын
Thank you 😊
@frostyfoot2 ай бұрын
Great Video Mark thanks for sharing your cost of living with us. Good luck on your new real estate Job I hope does great things for your Family.🙂
@Morelifediaries2 ай бұрын
Thank you so much 😊
@douglasbussard34592 ай бұрын
I own a condo in PV. I keep track of my expenses every month. I’ve been averaging about $7000 CDN per month. A year ago was about $5000. Granted I go out a lot to restaurants and bars- basically every day. Take Uber’s and taxis. It’s not cheap, but I don’t scrimp on nothing. Used to be half price of Canada- but getting closer to par now. PV is expensive.
@Morelifediaries2 ай бұрын
Thanks for sharing! It can definitely get expensive frequenting sit down restaurants - but they're so hard to resist lol I'm curious what going back to Toronto will be like now - prices for takeout were already getting very high before we left.
@victorramirez12802 ай бұрын
Marc, hi. I thought you all did pretty good with your expenses, in spite of the inflation and guest visit. While it appears to be high, I was looking at the context of how this would be in Canada or US, with a family of 4. It would be way higher, easily at least $1000 more. Travelling around to any north american city would increase the gas more, and the added parking cost. The benefits of living in a warm climate also plays a factor, less energy spent on gas. I also like the fact that food, fruit in particular is much more fresh. So, despite some costs in PV, there is a level of quality that is better. There is much to be said about budgeting. The expenses you outlined seem to make sense. You made improvements, and were able to make changes.That is great. I appreciate the amount of work that went into this. Thank you.
@Morelifediaries2 ай бұрын
Thank you 😊 average rent for a 2 bed downtown Toronto is $3500 cad. And that’s just the expenses for the first category 😱 we never tracked our expenses in Toronto but I’m in sure it was about 3x higher than this (quality of life not factored in)
@MexicoRealEstatewithParrish2 ай бұрын
I found PV very expensive when I lived there. I’m enjoying about half living expenses over in Merida, Yucatan ☀️🏖️
@Morelifediaries2 ай бұрын
Thanks for sharing! I it can be affordable depending on where you live and shop! We're looking forward to travelling around Mexico and seeing what things cost in other areas although from what we hear PV is definetly up there in high cost of living in MX.
@camerandalili74892 ай бұрын
Good video, not expensive at all for the month, for me and my wife I’m looking to spend 3-4K USD when we move there..thanks
@Morelifediaries2 ай бұрын
Thanks 😊
@dogegamer3288Ай бұрын
Good luck lol. Stay in the US. NGMI.
@MorelifediariesАй бұрын
@@dogegamer3288yea they definitely can with that budget - most of it goes to rental so if they can find an affordable rental they’re good!!!!
@dogegamer3288Ай бұрын
@@Morelifediaries I live here and have to disagree on this one. Sure you can it, but the real statement here is should you? The reason I say NGMI is most Americans can't even be here 2 years before complaining and leaving. Seen it over and over again. Mexico is a place you come if you have a great deal of money. If you are just a take social security early at 62 or trying to live off 3k USD a month, my experience is most are NGMI.
@MorelifediariesАй бұрын
I agree! A lot of people don’t make it because they don’t adjust their living standards to their budget, they overspend as if they were living here on vacation. That being said - not every move needs to be permanent! If someone comes here for 2 years and leaves the important part is that they enjoyed themselves, gained perspective and new experiences along the way! Also, Rip Kabosu
@kenken65502 ай бұрын
Why the potable water? Everything i read is PV water is fine. Are you finding that's not the case? Also, why the meat at costco? Is it just cheaper or you think the quality is better? * that's great for Montessori. Thanks!
@Morelifediaries2 ай бұрын
Thanks for watching! I would not drink the tap water - I would only drink the water if there is a separate filtration system attached to the sink (which we don’t have). Lots of issues with rusted pipes especially in older buildings. We eat a lot of a few kinds of meats so it just makes sense for us to buy it in bulk and freeze them in dinner sized portions. A lot of locals have told me the best meat prices are at Carne Selecta Nayarit but we haven’t gone yet (even though it’s right beside Costco lol)
@orangez19862 ай бұрын
Number of bedrooms and bathrooms?
@Morelifediaries2 ай бұрын
2 bed 1 bath mas o menos 900 sqft
@Tbh-ww3vmАй бұрын
I was there for 5 months last year I went to La comer a lot Walmart too. It was a learning experience Ubers were super cheap . I went to barber n booze for my haircuts Great content
@MorelifediariesАй бұрын
La Comer is great but its on the more expensive side! Thanks for watching and hope you enjoyed your stay!
@hollydaury724Ай бұрын
You are a good influence! Stopping the impulse buying is a big thing, I think, or buying things we don't need.
@MorelifediariesАй бұрын
Thank you! We barely even bought things we thought we needed in the first year - it really put things into perspective for us on what is actually necessary and what we can live without!
@hollydaury724Ай бұрын
@@Morelifediaries I need that self control!
@hoppeanofasgard13652 ай бұрын
How did your electricity get cheaper?
@Morelifediaries2 ай бұрын
We moved!
@hoppeanofasgard13652 ай бұрын
@@Morelifediaries just a smaller place? less air?
@Morelifediaries2 ай бұрын
We had only 1 a/c in the previous unit and had used it once on a $4000 mxn bill - there was something sketchy going on lol
@davidsebastianelli13262 ай бұрын
Here is a quick explanation for your curiiosity- The Comision Federal de Electricidad or CFE is the state owned electic utility that has tiers or brackets for the amount they charge you. If you don't use a lot of electricity you are in a lower fee rate tier. If you are a consistently high user you will be put into the higher fee rate tier. Once you get into that higher rate tier it's really hard to get it back down into the lower rate tier. This is why you should always ask for the last CFE bill when renting. If the tenant before you used a lot of electricity you will be the one that pays for it. Buena suerte!
@mex5341Ай бұрын
still expensive , before covid this could be like 30000mxn
@MorelifediariesАй бұрын
Yes but you have to consider pre Covid was 2018…we’re in 2024!!! Prices usually go up 📈
@kikim2592Ай бұрын
Hi Marc, how can I find a remote job that is for real? Please kindly share❤😊
@MorelifediariesАй бұрын
Remotejobs, indeed, LinkedIn, Upwork! Unfortunately there’s a lot of bs on there!
@RobertIsaacson-hi9sz10 күн бұрын
Why is it double.when i do it.
@Morelifediaries7 күн бұрын
Could very easily be double!
@1232bluejaysАй бұрын
Hola de mexico norte barrie ontario
@MorelifediariesАй бұрын
Hola :)
@jguzman713Ай бұрын
Where are you working in puerto V ? is to expense . Thanks .....
@MorelifediariesАй бұрын
Real Estate
@user-jp6nn4gh4xАй бұрын
Hola, i have 4 children in PV. Would love to connect!
@Morelifediaries21 күн бұрын
Awesome! Please reach out via Facebook, Instagram or email 😊