How does the cost of living in Teófilo Otoni compare to other cities in Minas Gerais?

Teófilo Otoni’s cost of living index is 42, meaning expenses are roughly 58% lower than the national average. Basic groceries, utilities, and transportation are cheaper than in larger Minas Gerais cities like Belo Horizonte or Uberaba. With an average annual salary of $6,500, you can comfortably cover rent, food, and leisure without strain. However, if you plan to stay in the city center or have a family, you should factor in higher housing costs and childcare expenses. Checking local classifieds and municipal budget reports will give you a clearer picture of specific price ranges.