The cost of living in Loreto is typically less than it is the USA, Canada and Western Europe, although precise costs depend upon your lifestyle choices.

Low cost of living in Loreto is one of the main motivations for people looking to retire here.

Your pension or savings will stretch much further in Loreto. Allowing you to live in a beautiful paradise and enjoy the little luxuries Loreto has to offer.

The more time you spend living in Loreto, the more money you save. Owning a property helps to make this possible offering yet another way to find savings.

Everything from beer to taxis and dental treatment cost a fraction of the going rates in the U.S., Canada and Europe.

It’s no wonder why so many people are choosing Loreto as their retirement landing spot. It has everything you need and more, from the must-haves like a good infrastructure, affordability, healthcare, and safety, to the fun stuff like an interesting culture, a wide range of restaurants, friendly people from all over the world, and lots to do.

Loreto lifestyle is all about sunshine, rich cultural traditions, historical heritage, a slower pace of life and lower living costs. Ensenada has been an expat magnet for decades.

Loreto is a wonderful place to live for expats, a traditional destination among American and Canadian retirees looking for a Paradise to call home. There are so many things to love about Loreto: year-round warm weather, beautiful city and beaches, as well as low costs of living.

You may wish to consider Loreto for your retirement home. In addition to unlimited water-born recreational opportunities such as boating, fishing, swimming, snorkeling, scuba diving, sailing, and kayaking.

Loreto also provides modern infrastructure with a stable electrical grid and high-speed internet.

Last but not least; living in Loreto is healthier. Life is more relaxed and stress free. This has health benefits in itself. Also, fresh local fruit and vegetables, as well as seafood, is more readily available at a much better price. Year-round warm weather and pleasant climate makes it easier to be active outdoors. Excellent health-care is available at a fraction of U.S. costs. Being healthy becomes very easy, and affordable. Wouldn’t it be nice to “invest” in your health by saving money?

Healthcare in Loreto
In addition to Mexico’s state sponsored healthcare provided via the country’s national health service IMSS, good quality healthcare services offered through private clinics with US standard healthcare services exist in Loreto. The privately-run out patient clinics available locally are ideal for day-to-day ailments, sprains, broken bones and other health matters.

In recent years, medical companies have invested millions of dollars in Mexico building and supplying first-world standard private medical facilities. This has come about as a result of research showing that Loreto is becoming a top location for foreign expatriates as well as wealthy and well-off Mexicans.

Prices for real estate continue to hold for desirable properties overlooking the ocean and as further planned development takes place, the supply of land for dwelling houses and constructed homes is likely to increase in the years ahead.

Prices of realty in Loreto, as in all Mexican destinations, have risen considerably over the last decade, although they still remain at very affordable levels when compared to ocean-side realty prices in the U.S. and Western Europe.

Land development continues to take place here as the economy prospers — brought about through government initiatives as well as domestic and foreign capital inflows — continues to rise.

Loreto offers a wide variety of property types to choose from. Realty developers have entered the market in earnest and this, coupled with other smaller as well as private investment projects has produced a local realty market that serves a broad range of interests and budgets including modest condos and casitas (little houses) mid range and luxury condos, apartments, suburban town homes as well as super luxurious properties on the beach or overlooking the sea.

Everything from bills and taxes to maintenance and renovation will be lower for a vacation or retirement property.