(12-05-2014 07:21 PM)Dat ass Wrote: (12-03-2014 11:29 AM)Americas Wrote: I mean, Rio would be great as well. Doing business there would be a lot more difficult, even more so with lack of fluency in Portuguese. As far as cosmopolitan cities in LA go, you can't really beat Rio for it's outdoor potential. However, the main trade-off is the cost of living in Rio is probably about double than it is for Mexico City (Sao Paulo even more so).
Thanks, you have provide very valuable insights. I wanted to ask you more specifically about this:
http://www.numbeo.com/cost-of-living/rankings.jsp
According to this site, Mexico City costs about 40% of what you would spend in NY, BA costs about 45% Sao Paulo and Rio about 55%. I don't know if it takes into account the black market exchange, because it doesn't seem such extreme change (15% from Ba to Rio), but i still reading from people that 1st tier cities in Brazil are crazy expensive. So i don't know how realiable this page is. I haven't searched in Rio but i was looking for a room in Sao Paulo (Jardim/Itaim), etc. and seemed a LOT more expensive than something in Recoleta or Palermo in BA.
You are in BA right now, right? could you briefly compare cost of lving between Rio/BA/Mexico city?
It's been a while since I have been to Rio, but I have spent considerable time in all three cities so I can do my best.
The biggest differences will be cost of food, transportation, and rent in these three cities. Nightlife/entertainment for the most part is a wash, they can be expensive in all three cities.
I really doubt that website takes into account the blue dollar.
I'll use American dollars just for brevity sake.
Let's say that the equivalent high end neighbourhoods of Palermo in DF and Rio is Polanco and Ipanema. Rent in Polanco can be extremely expensive, but if you go a little bit outside then you can expect to pay about half for a comparable bachelor's apartment than in Ipanema. Palermo would fall somewhere in the middle.
I was paying for a two-bedroom, comfortable four room apartment in a brand new building for $700 in DF. There is even cheaper, this was actually relatively high for the area I was in. Something comparable in Ipanema would easily run at least $1200 or double what I was paying in DF. Here in Palermo I am renting a one room bachelor pad for $600 a month in Palermo, although this is off AirBnB so there are probably definitely better deals around.
Food is probably the biggest difference. Going to restaurants, and even buying food in supermarkets in Brazil can be quite expensive, particularly for high end. At the high end of the spectrum, most of the prices in all three cities will be similar (actually, BA probably has the leg up here in the fact that you can get a very nice Bife de Chorizo at a nice restaurant for $15-20). HOWEVER, Mexico City has extremely diverse selection and you can eat on the street or buy food in street markets for a fraction of the price of any food in BA or Rio. We're talking about 6 tacos al pastor for like $4. Even a mid-tier restaurant meal in Rio will run you at least $15-25, depending on what you order.
Transportation falls in line with the Mexico City cheapest, BA middle, Rio most expensive trend as well. Public transportation in DF is dirt cheap. We are talking about 10 cents for caminos and 20 cents for the metro. Taxis are quite cheap as well, you can go through 4 or 5 neighbourhoods and only pay $5-8. Even going from one side of the city to the next can only cost you $10-15 bucks. For comparison, a taxi from Centro to Palermo Hollywood (which isn't even that far as you know) the other day cost me $8. Although, in BA the public transportation is fairly cheap as well since the metro is only 5 pesos. Brazil's buses/metro and also taxis are much more expensive, but not outrageous or anything.
Everything else, for the most part, is pretty much a wash. Although one benefit of Mexico is that taking side trips outside the city can be quite cheap. Renting a car for a couple of weeks can be as cheap as $300-400 bucks for example. Also, DF being a major hub close to the US, flying in and out of the country is quite economical as well. I have found trying to fly to North America from BA to be ridiculously expensive. I mean, if you wanted to go visit family in Costa Rica from Mexico, I remember paying like $150 one way from San Jose to DF last year if you watch the prices.
I find the problem with some of these sites is they just take a general basket of goods and compare it city by city and they also don't take into account inflation. Inflation in Mexico at the current climate is a lot lower than Brazil (which at the moment is starting to creep up again) and Argentina. I find my situation, although anecdotal (and I also live a pretty minimalist lifestyle) easier to compare because I have a fixed passive income of $1100.
I was living in DF comfortably on $1100 both supporting myself AND my girlfriend (although she paid half the rent, but relatively no living communal expenses); this was even including multiple side-trips around Mexico occasionally. In BA, even supporting only myself I have had to cut down on eating out more and less entertainment to stay within that range. In Brazil, it would be extremely tight. I think for what kind of lifestyle I was living + somewhat of a dependent I would need to be in the $1800-2000 range to have a comparable lifestyle, probably at least $1500-1600 here in BA - not even including the side trips.
Hope that helps.