Yes, I live here and have for 7 years. It really doesn´t take much money at all the most expensive part is flying here. My rent is like 180usd a month, my water is 5usd a month, and my electric is about 30usd a month and paid every two months. Pretty cheap. You just can´t live in the tourist areas or go to McDonalds and Outback Steak house as the pricing is way off the charts if you live here. If you need any further info for things in the area let me know I have worked in tons of hotels and a few agencies so I pretty much know the low down on most things. If I don´t then I know somebody who does. Let me know.