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Cost of Living in the Dominican Republic versus Canada

Cost of Living in the Dominican Republic versus Canada

Sep 28, 2023 | News, Relocating to the Dominican Republic

Are you dreaming about a move to the Dominican Republic? You might think living in a luxurious private home on an island is out of your price range, but you’d be wrong! To get a better understanding of the cost of living in the Dominican Republic, we will use this blog to compare the cost of living in Canada to the Dominican Republic (DR). Below is that comparison. Keep reading to learn about how far your money will take you here!

Housing Market

In Canada, the average home costs approximately $709K CAD. The lowest average house price by province is around $300K, but you’ll only find this price range in the sparse or the windiest provinces. If you want a home with a pool, your average cost will skyrocket.

In comparison, Casa Linda villas start at just $310K CAD and come with your own private pool on a beautiful island. If you are looking for more rooms, a guest house, or a bar, let us know! We will work with you to completely customize your villa to your new DR lifestyle.

Join us in our Casa Linda gated community, which is only 10 minutes away from the best northern Dominican Republic beaches. Soak up the sun in paradise in a home you can afford.

Cost of Eating Out

In the DR, Canadian money has a higher value than our DR currency, the Dominican Peso (RD$). Because the Canadian dollar is worth almost RD$42, your money will go a lot further. In Canada, a dinner at a mid-range restaurant will cost you anywhere from $50 to $90 CAD per person, whereas our onsite authentic restaurant, Castaways, usually costs around $10 CAD.

A fast food chain in Canada might get you a meal for under $15 CAD, but an inexpensive restaurant in the Dominican Republic often costs less than $5 CAD.

Working Abroad and Retirement

Remote work has become increasingly popular over the last few years. Luckily for you, this means that you can work from anywhere: Your job doesn’t tie you down anymore, and with the cost of living in the Dominican Republic so low, there’s no better place to work from a laptop than from on the beach. What are you waiting for? Invest in your own DR property today!

The cost of living in the Dominican Republic is advantageous for those in Canada, making the DR a wonderful place for retirees and expats. The money you have saved to have a fun retirement shouldn’t be destroyed by inflation or consumed by necessities. Let your money take you further by moving to the Dominican Republic, and have a wonderful time sitting on the beach and soaking in the sun for your retirement years.

Dominican Life with Casa Linda Villas

Live your best life when you take advantage of the cost of living in the Dominican Republic. We can offer more than just a curated gated community, designated staff and security, and a short jaunt to one of the best north coast beaches. When you are ready to live your dreams, contact Casa Linda to talk about your future Casa Linda luxury villa.

What Can I Buy With $10 USD in the Dominican Republic?

What Can I Buy With $10 USD in the Dominican Republic?

Jul 20, 2023 | Casa Linda, Expat Life, News, Relocating to the Dominican Republic

The Dominican Republic is the top Caribbean tourist destination. Gorgeous beaches and perfect weather year-round make it easy to see why! With a low cost of living in the Dominican Republic (DR), be prepared to spend less for more. No matter your destination, at Casa Linda, we believe knowing how far your money will take you is good practice. Let’s look at what $10 USD could get you in the DR compared to the United States.

The Value of $10 USD in the United States

The Dominican Republic uses the Dominican Peso (RD$), which sits at a conversion rate of about $1 USD to RD$54 in mid-2023. Please note that the Dominican Peso is different from the Mexican Peso. Using the conversion rate, $10 USD would be RD$545. For reference, in the US, $10 could get you one fast food meal, two cappuccinos to share with a friend, or a pack of cigarettes. The cost of living in the Dominican Republic is much lower than in the United States, which benefits those in Canada or the United States looking for the perfect retirement country.

What You Could Buy in the Dominican Republic

We’ve discussed the value of $10 USD, but what can you actually buy with that? If you’re looking for something to do in the evenings, you can get yourself two theater tickets for yourself and a friend, or you could take them out to a low-budget restaurant for a date. Say you want more of a night in: head over to the nearest liquor store and get yourself an entire bottle of mid-range liquor. For the coffee drinkers, you could get yourself around nine shots of espresso with change left over.

As you can see, the cost of living in the Dominican Republic is lower, and with a better view, stretching your money to go further than it would in a city in the United States. Something as small as $10 in the DR has a noticeable increase in value. If you escalated your $10 into $100 or $1,000, think about how much your money could stretch!

A Life Worth Living

If you’re in the market for a good vacation home, consider using the cost of living in the Dominican Republic to your advantage. Both the Canadian and US dollars are higher in value than the Dominican Peso, making your retirement income go further. At Casa Linda, we want you to have the best retirement possible. That’s why we recommend taking a look at our cost-friendly villas. With prices starting at only $229K USD, you’ll be able to enjoy your retirement in luxury without breaking the bank.

Each of the villas is fully customizable and comes with your own private on-site pool and parking. To learn more about the benefits of buying with Casa Linda, visit our website.

Pursue Your Dream Home in the Dominican Republic

Are you ready to live in luxury? Casa Linda has you covered. From staff designated to handle any issues that may occur to community events with the other owners, we provide luxury experiences for making memories that last. Have any questions? Contact our Casa Linda team!

Cost of Living in the Dominican Republic: Basic Breakdown

Cost of Living in the Dominican Republic: Basic Breakdown

Oct 25, 2021 | Expat Life, News, Relocating to the Dominican Republic

Are you and your loved one on the hunt for the perfect locale to retire and enjoy long sunny days, warm weather, and endless white beaches? Finding a new country to settle down in can feel like a daunting process for prospective expatriates, but, with the right information, making your decision can become much easier. At Casa Linda Quality Communities, we’re here to make retiring in the Dominican Republic straightforward and exciting. In addition to offering luxurious villa living, our team of experts is here to assist you with making the move simple.

If you’ve been trying to find the perfect place to call home, we’re happy to show you how you can live the affordable lifestyle you’ve always wanted in paradise. Below, we’ll break down some basic expenses you’ll encounter when moving abroad, and what they might look like for you in the Dominican Republic. Read on to learn more!

Housing

The number one priority for anyone relocating to a new country is securing, safe, affordable, and comfortable housing. Thanks to the overall low cost of living in the Dominican Republic, purchasing a dream villa can easily be done on a wide variety of budgets, with Casa Linda offering exceptional floor plans that start as low as $199,000 USD. When you need to extend your dollar without compromising on the luxury of your home, the DR is the perfect fit!

dominican republic villas

Utilities

As with your current living situation, you can expect to pay for standard utilities when arriving in the Dominican. However, unlike at home, you’ll spend significantly less! Basic utilities like water, electricity and garbage are about $60 USD a month, and broadband internet connect averages around $50 monthly as well.

The one thing you’ll kind in mind is that, in spite of the DR’s strong infrastructure, power outages are a common occurrence in the DR, so purchasing a backup generator will go a long way towards minimizing any disruptions.

Food and Groceries

One of the best parts of moving to the DR is that you can expect to spend far less on food, both for groceries, as well as when eating out. Thanks to a bounty of fresh produce and food options on the island, your weekly average for groceries will typically be much lower than you are used to. For those who love to eat out, you can relish the fact that dining is generally much cheaper as well!

Healthcare

Alongside housing, healthcare is one of the biggest concerns for expatriates. You’ll be pleased to learn that the Dominican Republic has exceptional healthcare that is incredibly accessible, as well as affordable, meaning you’ll never have to worry about your quality of care. With state-of-the-art facilities and services available in both English and Spanish, you can rest easy knowing you’ll always have the help you need when it matters most.

Ready to Learn More About Budgeting For Life Abroad?

Contact Casa Linda to learn more about purchasing your dream home in paradise today!

4 Cost of Living Perks in the Dominican Republic!

4 Cost of Living Perks in the Dominican Republic!

Jun 28, 2021 | Expat Life, News, Relocating to the Dominican Republic

Are you considering making the move from recreational sunseeker or perennial snowbird to a permanent resident of paradise? Settling down abroad can be an incredible way to improve your quality of life and start a brand new adventure that brings plenty of personal fulfilment for you to explore. With miles of stunning coastline, crystal blue oceans and breathtaking beauty around every corner -not to mention endless sunny days and warm weather- it’s no surprise that the Dominican Republic is one of the most coveted spots to relocate to for expatriates from all over the world.

The north end of the island, where Casa Linda’s communities are located is shielded during hurricane season, offers affordable housing, and has plenty of benefits for residents, including a much lower cost of living. If you’ve been looking into the realities of moving abroad, you may be pleasantly surprised to learn just how affordable life in the Dominican Republic can be. Below, we’ll highlight four areas where you can expect to save when living on the island!

Housing

It comes as no surprise that one of the biggest reasons people choose to relocate to the Dominican Republic is our affordable housing. If you’ve ever dreamed about retiring on the beach and spending the rest of your days in a beautiful custom villa that’s built exactly to your specifications, Casa Linda is here to help make it a reality. Our 10 custom villas are available at very approachable price points (starting as low as $185,000 USD) and have endless ways to tailor your floor plan to your exact tastes. With affordable living at your fingertips, you never have to worry about compromising on quality or safety when moving abroad!

dominican republic cost of living

Healthcare

Did you know that the Dominican Republic has a world-class healthcare system featuring high-end facilities, leading medical experts and service in both English and Spanish? If your answer is no, you’re not alone! Healthcare is often one of the biggest surprise perks for potential ex-pats, and they’re even more excited when they find out that the cost for health insurance can be as low as $1200 a year per couple. Exceptional care at low costs gives immense peace of mind, especially for those that may have existing medical conditions or are highly concerned with planning for the future.

Food

The benefits of living on a tropical island is that fresh produce and even your meat and dairy are often much cheaper than back home. New residents are often pleased to see just how much their weekly grocery bill drops and how much farther their budget can go. Best of all, you’ll even find many of your favourite treats in stores here as well!

Daily Essentials

Much like food and groceries, other essentials like power, water, internet and even cell phone service tends to be much cheaper than the rates that many are accustomed to. This is fantastic news for anyone looking to make their dollar go farther and hoping to extend their ability to enjoy their time in paradise.

Discover Affordable Living in the Dominican Republic Today

Are you ready to make your island dreams a reality? Contact Casa Linda today to learn more about our homes and community in the Dominican Republic!

 

Cost of Living in the Dominican Republic: What to Prepare For

Cost of Living in the Dominican Republic: What to Prepare For

Jan 11, 2021 | Dominican Republic Villas, News

Have you and your loved one decided to make the leap and embrace the thrill of becoming an ex-pat? Choosing a new home abroad is one of the most exciting decisions you’ll ever make. Whether you’re gearing up for retirement or simply need a change of pace that allows you to enjoy life at your own speed. For over 30 years Casa Linda has welcomed expatriates from all over the world to our sunny shores and helped them discover their dream home in paradise. With a team that’s dedicated to helping you feel at home, you can trust us to help answer your biggest questions and help you feel at ease.

Below, we’ll discuss one of the most important aspects of moving abroad: budgeting for the cost of living. Many of our homebuyers are pleasantly surprised to learn that the cost of living in the Dominican is significantly cheaper than life at home, meaning that your budget tends to go farther. Read on to learn more about 3 major financial points to consider, as well as what you can expect while living on the island.

Plan For Success

Before we dive into three major areas for financial consideration, it’s worth mentioning that the most important step you can take towards moving abroad is to have an open and honest conversation with your spouse and financial advisor, especially if you’ve not been on top of longterm planning prior. Knowing where you stand will make it easier to plan ahead with confidence, as well as have the information you need to apply for long-term residency.

dominican republic expat communities

Housing

It comes as no surprise that one of the predominant concerns of anyone moving abroad is finding housing that is not only affordable but perfectly suited to your wants and needs. Casa Linda is proud to offer state of the art villas starting at prices as low as $179.6k USD. Nestled on the tranquil northern end of the island, our gated community features ten incredible floor plans to choose from, along with multiple amenities like 24/7 security, activity planners on-site, private restaurants, a VIP beach club and more. Our team makes it easy to embrace life to the fullest in the Caribbean while living in a house you love!

Healthcare

Second to housing, the other main concern for most expats is ensuring they’ll have adequate care when they move aboard. Fortunately, those looking to relocate to the Dominican will be pleasantly surprised to learn that the DR offers exceptional medical care on all levels, and features state of the art facilities staffed with highly qualified professionals that are all readily available. The monthly cost for health insurance can be as low as $100 USD and wait times, as well as procedural costs, are typically much cheaper than they are back home. This means that the Dominican is a safe bet when it comes to taking care of your health today, tomorrow, and in the many years to come!

Daily Necessities

Finally, one of the other pleasant surprises ex-pats find upon settling into daily life in the DR is that daily necessities like food are often much cheaper, including meat and dairy products. With ample fresh vegetation and resources available all year round, you can expect your cost for groceries to drop, meaning you’ll save more while eating fresh!

Ready To Learn More?

Tired of dreaming of palm trees and pina coladas? It’s time to make your vision a reality. Contact Casa Linda today to learn more about taking your first steps, and visit our resource centre for more information now!