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Been there done that. Life is VERY cheap there for some stuff but very expensive for other things.
IE:
You can get a case of beer (24 bottles) for like 1$.
But a drink in the "foreigners" clubs cost you 8$/pint.
Rent is kind of expensive too, you can count on 500$/month for a decent apartment.
Been to a jazz bar once, didn't see the tab until the end of the nigh. Was drinking with 2 other people and we payed around 300$/night. ouch!
Oh, and go load up your suitcase full of DVDs, you can get all the recent ones for like 1 or 2$/piece...
Would love to go back!
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