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COSTS, MONEY AND BANKS |
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Though prices have dropped from their peak of a few years ago, Costa Rica remains one of the most expensive countries in Central America. Some prices, especially for upper-range accommodation, are similar to those in the US, which never fails to astonish American travellers and those coming from the cheaper neighbouring countries. That said, with a little foresight you can still travel relatively cheaply
Currency exchange and banks
The official currency of Costa Rica is the
colón
(plural colones). There are two types of
coin
in circulation: the old silver ones, which come in denominations of 1, 2, 5, 10 and 20, and newer gold coins, which come in...
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Costs
The high cost of living is due in part to the
taxes
(18-25 percent) which are levied in restaurants and hotels, and also, more recently, to the International Monetary Fund, whose policies, aimed at restructuring the balance of payments...
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