the 2.5k 2 bedroom is the best area of the city of course you can find very cheap spots.
min wage is ridiculous low, but If u plan to live from poker then is a good place
I have not done my research on this sorry, But i ca tell you there is no way u have to invest 60k to move here, no way.
I have meet a couple of US players that were living in a 100 dollar a month hostal or something like that, payed nothing to come just for a tourist visa something like that which cheap and was making 12 to 15k a month playing the 5-5 game.