Cost of living: Real prices

I have been meaning to do this post for awhile and will likely follow it up from time to time, but it seemed especially timely now given the amount of attention in the media recently given to the cost of living in Brazil (Rio is the fourth most expensive city in all of the America's... people find this very difficult to believe!)

Obviously there are some extremely cheap accommodations available as well, given that the average Brazilian makes less than R$600 per month.  So to average things out.... this means that the high end accommodations are, well, excessive in price.

Here are some current real estate rental listings in a few neighbourhoods in Rio...

I must say there are some much better deals out there right now than there were in March....

Botafogo: $R1,550 per month (with taxes & condo fees, etc.) - apartamento - 1 bedroom. 
zap.com.br

Barra de Tijuca: $R5,000 per month (with taxes & condo fees, etc.) - house - 327 square meters - 3 bedrooms + 1 suite.
www.jtavares.com.br

Copacabana: $R4,100 per month (with taxes & condo fees, etc.) - apartamento - 150 square meters - 3 bedrooms. 
www.jtavares.com.br

Ipanema: $R3200 per month (with taxes & condo fees, etc.) - apartamento - 140 square meters - 4 bedrooms.
zap.com.br

Leblon: $R6,300 per month (with taxes & condo fees, etc.) - apartamento - 172 square meters - 3 bedrooms.
www.jtavares.com.br

Comments

[Dara]

wow..that is expensive..the more I read about Rio the more expensive it sounds..no wonder there is so much poverty

rent is about the same price as my home town in the U.K.

[Steven]

My view is that exchange rates give misleading salary comparisons because they do not reflect salary purchasing power differences. Exchange rates are volatile as they are based on short-term factors and are subject to substantial distortions from speculative movements and government interventions. Salary Purchasing Power Parity (SPPP) is the rate of salary purchasing power given the relative cost of the same basket of goods at the exchange rate versus one US Dollar. SPPP conversions allow cross-country comparisons of salary levels free of salary survey market and exchange rate distortions. You can get a more accurate SPPP comparison of your equivalent salary in another country using www.xpatulator.com

[DRL]

It's the 4th most expensive city in the Americas... and that is overall cost of living which considers food and everything (which is really cheap in Brazil, or can be if you don't eat imported foods...)

Steven - thanks for the tip!

[house for sale Philippines]

I agree that it was an expensive cost of living. But although its expensive it is worth it. I want to go there for vacation that was a great place.

Mitch

[creative recreation]

The house is the place for you people! With it we are free from sun and wind! You speak very good! It enjoys popular support! Now we all need a house! Thank you for your willingness to share with us

[moving quotes]

Rio became a global center for house investments, there are great opportunities for buying a cheep house and sell it with a good profit.

[small chanel]

I agree that it was an expensive cost of living. But although its expensive it is worth it. I want to go there for vacation that was a great place.

[pregnancy doctor mesa]

Eat healthy and don't smoke, drink alcohol, or do drugs if you seriously want to get pregnant.

[MICHAEL HAWKINS]

I WOULD LIKE TO MOVING TO BRAZIL IN COPACABANA BEACH AREA.WHAT IS THE COST OF LIVING THERE.IS IT AFFORDABLE FOR A ONE BEDROOM APARTMENT.THANK YOU.

[Account Deleted]

I have never been to Brazil before and would like to go for 2016 Olympics taking place in that country. I am sure it will be a wonderful experience.
http://www.genericviagra123.com/