What is the average cost of housing in Merida?

If you are thinking about moving to Merida, cost of living in probably a key consideration. Expats commented about the cost of housing...

"We are paying $12,000 pesos/month, which is about $625 USD which is less than we paid in a mobile home community in Florida. Our TV/Internet/Home phone is approx. $70/mo. We have not gotten the electric or water bills yet, but we have been told that electric is about the same as the US and water is cheap. Trash pickup is about $3/mo," remarked another expat who made the move to Merida, Mexico.

"My husband found a two bedroom one bath house in Pensiones neighborhood in Merida Yucatan for about $35,000 USD. It needs another $10k in upgrades or remodeling but it is a cute home and would be great. The rents here are all over the place. But a huge home with a lot of amenities unfurnished in my neighborhood (4 bedrooms or 5 with three bathrooms and so on? Goes for $14,000 Mexican pesos a month. About $675 or $700 USD give or take," explained one expat living in Mexico.

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What is the average cost of housing in Merida?

If you live in Merida, newcomers to Merida would love to hear your answer to this question.