Cost of Living

The average Brazilian makes a low wage in comparison to many first world countries and because of this, the price of goods and services is low as well. Living in Brazil will be much less expensive than living in the U.S. or Europe. Despite this, micro economies exist. In some of the large cities where the population is high, the cost of living can be high also. This can be attributed to supply and demand of a large population. However, factors including the stability of the Real over the last years compared with the dollar have contributed to a stable Brazilian economy. Life in Brazil these days is good.