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cost of living

In Costa Rica, Rising Cost of Living Impacts Thousands of Families

Due to the increase in the cost of living, 138,000 families will not have sufficient income to purchase the basic food supply, according to...

What are 5 Big Expenses for Costa Rica Expats?

Price tags always seem to catch expats moving to Costa Rica by surprise. Expectations for cheap prices for goods and services are quickly dispelled...

Costa Rica ranks among healthiest, most comfortable retirement destinations

Costa Rica ranked highly in two recent surveys of top destinations for retirement for its healthy environment and relative comfort.

Costa Rica is 20 percent more expensive than other Latin American countries

Economic concerns were front and center in the annual report on the state of Costa Rica, which highlighted topics like unemployment, inequality, poverty and the deficit. After 20 years of economic growth, the report’s authors said that Costa Rica has yet to make significant gains in human development.

Lonely Planet guide documents a changing Central America

Developing nations are no longer the devil-may-care playgrounds of yesteryear, and visitors should come prepared. Love it or hate it, the world is busier and more crowded than ever, and the guidebook publishers have been scrambling to keep up.

ICE president backtracks after saying electricity rates would increase by more than 13 percent in early 2015

The executive president of the Costa Rican Electricity Institute, Carlos Obregón, on Wednesday morning said in a press conference the agency would file a request with the Public Services Regulatory Authority for a 13.2 percent increase in electricity rates for the first half of 2015. President Luis Guillermo Solís, who promised no new electricity hikes for 18 months, appeared to have no idea what Obregón was talking about.

Regulatory agency drops electricity rates for all distributors in Costa Rica

A day after it approved rate hikes last week for the Costa Rican Electricity Institute, or ICE, the Public Services Regulatory Authority on Friday approved a decrease in electricity rates for all of the country’s electricity distributors. That change will take effect on Oct. 1.

Electricity rates for ICE customers to increase in October

The Public Services Regulatory Authority (ARESEP) approved a 3.7 percent increase in electricity rates requested by the Costa Rica Electricity Institute (ICE). The new rate was published in the government's official newspaper La Gaceta on Thursday.

Costa Rica’s industry sector leaders fed up with high electricity rates

The Costa Rican Chamber of Industries on Thursday blasted a new 3.7 percent increase in electricity rates requested by the Costa Rican Electricity Institute (ICE). Chamber leaders urged the Public Services Regulatory Authority to reject the request, noting that ICE in July promised to cut spending and stabilize its finances in order to prevent electricity rate hikes for the next year and a half.

Costa Rican Electricity Institute rules out blackouts in coming months

Although the National Meteorological Institute (IMN) confirmed a drop in rainfall levels for the current rainy season, the Costa Rica Electricity Institute (ICE) has ruled out power outages later this year.

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