ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Man says living in an all-inclusive resort is cheaper than renting—and he did the math for it

The creator decided to "test it out." He jotted down all his expenses for one month and made the discovery.
UPDATED OCT 10, 2024
Cover Image Source: Renter thinks living in a resort may be cheaper | ivebentraveling | TikTok
Cover Image Source: Renter thinks living in a resort may be cheaper | ivebentraveling | TikTok

Home prices have been soaring in the US, but when did they become so expensive that living in an all-inclusive resort would be considered cheaper? Ben Keenan, a TikTok creator, recently took to the popular video-sharing platform and confirmed the same. "Have we ever considered that living in an all-inclusive resort could be cheap at this point?" he said in the video.

TikTok | ivebentraveling
TikTok | @ivebentraveling

The creator was curious about this, and therefore, he decided to "test it out." He jotted down all his expenses for one month which came down to $4,000. "Rent, Utilities, Wifi, Car, Food, Dinner Out, and Gym bring it to a total of $4,000," he said. "All I did to test this out, is go to the all-inclusive resorts in Mexico, then went to the 10 best Mexico resorts," he continued. 

A typical resort in Mexico costs $4,500, which is $500 more than what the creator pays. "Yes it's $500 more, but bear in mind I am not paying the most expensive rent out there, compared to what other people might be paying for example," he justified. "Also, if that $500 more means not having to do any amount of laundry, or any of my cleaning or whatever, then yes," he added. He also talked about how even the expensive resorts are cheaper if you go in and stay with another person and split the cost. 

Bryce Leber | TikTok
Bryce Leber | TikTok

At the end of the video, he said, "It's interesting that there's a chance to go and live in an all-inclusive lifestyle somewhere for approximately the same cost as all of my monthly expenses. That's crazy to me!"

Many people took to the comment section to talk about the feasibility of this plan. "I met a guy on my cruise last year who lived on the ship. Paid for WiFi and works remotely. Blew my mind," read one of the top comments by  Franky Rios while another user Courtney says, "New retirement plan: rent our house and live at an all-inclusive resort with a butler until I die." Another user wrote, "I work with a girl that did this. She worked remotely and lived in an all-inclusive resort in Thailand and then Mexico."

One user revealed that it might be possible to get a better deal at the resort. "Ex-hotel employee here! If you did this, you can contact the sales department and negotiate, you might be able to get a better deal," writes marianuuuhlip. 

Kelsey Santana | TikTok
Kelsey Santana | TikTok

In an interview with Newsweek, Keenan said, "Some of my friends and I would sit around during the winter and ask ourselves whether we could live somewhere sunny for cheaper than living in the rain and the cold. That quickly modified to 'could we live somewhere sunny, BY THE BEACH', which then became 'what about just living at an all-inclusive resort.'"


@ivebentraveling Honestly, kind of a joke but kind of serious - I might just find myself on a beach somewhere sucking down cocktails and WHAT OF IT 😩 #allinclusive #allinclusiveresort #resortlife #livehack #mexico #dominicanrepublic #travel #travellife #travelmeme ♬ Funny video "Carmen Prelude" Arranging weakness(836530) - yo suzuki(akisai)

 

"I poked around and realized that it isn't that infeasible to compare what a month at an all-inclusive might look like in direct comparison to my monthly expenses just living in a big city," he added.

For similar videos, you can follow Ben Keenan (@ivebentraveling) on TikTok.

This article originally appeared 4 months ago.

MORE ON MARKET REALIST
Some restaurants are charging extra fees, and this has sparked a debate over transparency.
1 hour ago
Residents have been struggling with high prices and this was an opportunity they couldn't miss.
3 hours ago
The proposal comes after the volatile ICE crackdown in the state came to an end.
4 hours ago
In an effort to lessen the bank's impact on the market and cut borrowing costs, Trump has been pushing the Fed to decrease interest rates.
5 hours ago
"President Trump's economic agenda has a proven track record and unleashed historic job wage and economic growth," the White House said.
5 hours ago
94% of the burden of these tariffs fell on Americans between January and August, 92% in September and October, and 86% in November. 
8 hours ago
Fans of the show were not happy and they made their opinions known.
20 hours ago
The report stated that America added 130,000 jobs, much higher than the predicted 70,000.
1 day ago
The affected products were first recalled in January of this year over fears of plastic contamination.
1 day ago
White House senior trade advisor previously said even a gain of 50,000 jobs would be positive.
1 day ago
The President said that he was influenced to make the decision at the time.
1 day ago
A majority of FOMC members voted to halt additional rate reduction after three were made last fall.
1 day ago
The big win also gave him a chance to compete again at the end of the week.
1 day ago
It turns out that Americans are not willing to pay exorbitant tips in such an economy.
2 days ago
The contestant's mother encouraged her to take the risk and go for the car.
2 days ago
The item was voluntarily recalled and no illness or injury has yet been reported from it.
2 days ago
The company issuing and managing these gift cards recently filed for bankruptcy.
2 days ago
Tech companies are racing to develop AI that exceeds human cognitive abilities.
2 days ago
With an average annual growth rate of 2.8% during the last 50 years, the US economy is expected to expand by 2.4% in 2026.
2 days ago