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The Real Costs of Raising Kids in Latin America

A "Geo-Arbitrage" Reality Check

Jake Nomada 🌎's avatar
Jake Nomada 🌎
Mar 03, 2026
∙ Paid

I remember back in the day, some 10+ years ago or so, I was living in lovely Cali, Colombia 🇨🇴

My rent was $350 USD a month or so. I had a nice bed, a kitchen, and a balcony with a view. However, no AC and the shower was one of those “electric shock” ones that can potentially kill you. Sacrifices.

I was broke as hell, but happy as could be.

I ate breakfast out every morning. Three eggs, rice, fresh fruit, and a coffee = $2 USD. I’d go on dates whenever I wanted, often to cheap local brewery type spots. Calenas would come over to my shoebox studio day and night.

I was making maybe $1,200 USD a month, yet actually saving money. Kinda insane to think about nowadays.

Why?

Because as a single broski living the good life in LatAm, you can take full advantage of the “geo-arbitrage” south of the border — earning in dollars, but spending in pesos.

Once you pop out some offsprings, the equation changes.

As a single broski, you’re often saving 50-75% when living abroad vs. a similar-style lifestyle ba…

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