Las Penitas and Poneloya are probably less expensive that some of the other beach villages. Food is not really expensive, you can get rooms for $10 or $ 12 a night. Leon is 12 miles away and has a rather lively night life on Thur. and Fri. nights. Beer is probably a little less than a dollar a bottle. Rum is fairly cheap because it is made here. Clothes are cheap, transportation is cheap and life is kind of slow. Not many problems at all here but some minor theft. Just don't leave your stuff unattended and that will stop that.