By Jeff Penick
Salaries for English teachers in Latin America will vary from country to country mostly depending on the cost of living in the given country. With that said, as a general rule of thumb for the region, English teachers should expect to earn a salary large enough to live a middle class lifestyle by local standards, and for the most part, break even after expenses. That means you will typically make enough money to cover your expenses (rent, transportation, food, phone, utilities, etc.) & to enjoy going out and traveling on weekends, but you shouldn't expect to save substantial sums after expenses.
Key Point! The cost of living is substantially lower in most Latin American countries compared to native English speaking countries like the US, Canada, Australia, and the UK. So even though your salary will tend to be lower, but you will still enjoy a good standard of living. Also, any hard currency (dollars, euros, etc.) that you bring with you will have strong purchasing power in most Latin American countries and will "go farther." This means that your start-up costs & travel will often be much cheaper.