I am curious why there are such dramatic differences in what people say you can live on lol and why it seems to be a sensitive issue for some? Also has anyone heard of or know anything about this DREscapes on you tube ? Thanks in advance to all of you
Tracy,
One of the most popular discussion topics on DR1 revolves around the question of "what is the minimum necessary to live here?" The answer is largely subjective, of course, as it depends on the sort of lifestyle you're seeking.
DR is one of the few remaining caribbean countries that is still affordable to people on pension/SS level incomes, so it sometimes attracts folks who want to know if it is possible to make the move given relatively modest income levels.
However, there's relatively little discussion about how much USD 5-20k a month or more will get you and two young children, as it's universally understood you would live in extraordinary comfort.
The DR government has determined the minimum necessary as part of their new residency requirements, which can be found elsewhere on this site. However, a really interesting, and still current discussion on the actual cost of living can be found here:
http://dr1.com/forums/living/112283-living-costs-dominican-republic.html
That said, it sounds like you're not really scrambling for your next buck. If your resources grant you anything north of 3-4k a month, not including the 1k/month required for international school (this is the top rate in the country), then you'll be just fine.
So, the general consensus on this site is, for a expat-friendly "beachy" area and absent tuition costs for the kids or some sort of expensive habit(s) for you:
Less than 2.5k/month - very challenging, esp. with two kids
2.6k - 5k a month - "sweet spot," will afford you a secure rental, utilities, reliable transportation, and a "US suburban solid middle class" style of living.
More than 5k/month - easy street, hard not to be exceedingly comfortable.