The cost of living indices for Brazil are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Brazil, covering factors like consumer goods, rent, and purchasing power.
Caratinga offers a relatively affordable cost of living, especially in terms of dining and grocery prices. Meals at inexpensive restaurants and basic grocery items are budget-friendly.
Transportation costs, including fuel and taxi fares, are also reasonable, making it easier to navigate the city without breaking the bank.
Housing and utility costs are moderate, providing a balanced living environment for residents. However, international school fees can be a significant expense for families.
In conclusion, Caratinga presents a cost-effective living option in Brazil, with affordable dining, transportation, and grocery prices. While housing and utilities are reasonably priced, families should consider the higher costs associated with international schooling.
Overall, Caratinga is an attractive option for those seeking a balanced lifestyle with manageable living expenses. Potential residents should weigh the benefits of affordable daily expenses against the costs of specific services like education.