Updated:
If you've ever considered moving to Puerto Rico, one of the first questions that likely crossed your mind is, "What is the cost of living in Puerto Rico?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Puerto Rico and whether the reported $2443 per month figure aligns with the average monthly salary of $1792.75.
Restaurants |
Price |
World Range |
---|---|---|
Meal, Inexpensive Restaurant |
12.0 $ |
|
Meal for 2 People, Mid-range Restaurant, Three-course |
60.0 $ |
|
McMeal at McDonalds (or Equivalent Combo Meal) |
7.5 $ |
|
Domestic Beer (1 pint draught) |
2.25 $ |
|
Imported Beer (12 oz small bottle) |
4.0 $ |
|
Cappuccino (regular) |
2.95 $ |
|
Coke/Pepsi (12 oz small bottle) |
1.35 $ |
|
Water (12 oz small bottle) |
1.19 $ |
|
Markets |
Price |
World Range |
---|---|---|
Milk (regular), (1 gallon) |
1.73 $ |
|
Loaf of Fresh White Bread (1 lb) |
2.53 $ |
|
Rice (white), (1 lb) |
2.09 $ |
|
Eggs (regular) (12) |
2.96 $ |
|
Local Cheese (1 lb) |
7.52 $ |
|
Chicken Fillets (1 lb) |
8.65 $ |
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
9.97 $ |
|
Apples (1 lb) |
5.78 $ |
|
Banana (1 lb) |
2.17 $ |
|
Oranges (1 lb) |
3.9 $ |
|
Tomato (1 lb) |
4.43 $ |
|
Potato (1 lb) |
3.16 $ |
|
Onion (1 lb) |
2.55 $ |
|
Lettuce (1 head) |
2.44 $ |
|
Water (1.5 liter bottle) |
1.65 $ |
|
Bottle of Wine (Mid-Range) |
12.0 $ |
|
Domestic Beer (0.5 liter bottle) |
2.06 $ |
|
Imported Beer (12 oz small bottle) |
2.98 $ |
|
Cigarettes 20 Pack (Marlboro) |
10.0 $ |
|
Transportation |
Price |
World Range |
---|---|---|
One-way Ticket (Local Transport) |
1.5 $ |
|
Monthly Pass (Regular Price) |
60.0 $ |
|
Taxi Start (Normal Tariff) |
5.0 $ |
|
Taxi 1 mile (Normal Tariff) |
1.21 $ |
|
Taxi 1hour Waiting (Normal Tariff) |
25.0 $ |
|
Gasoline (1 gallon) |
0.95 $ |
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
27499.5 $ |
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
24386.35 $ |
|
Utilities (Monthly) |
Price |
World Range |
---|---|---|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
225.3 $ |
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.13 $ |
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
61.37 $ |
|
Sports And Leisure |
Price |
World Range |
---|---|---|
Fitness Club, Monthly Fee for 1 Adult |
37.2 $ |
|
Tennis Court Rent (1 Hour on Weekend) |
19.22 $ |
|
Cinema, International Release, 1 Seat |
8.0 $ |
|
Childcare |
Price |
World Range |
---|---|---|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
373.75 $ |
|
International Primary School, Yearly for 1 Child |
7836.84 $ |
|
Clothing And Shoes |
Price |
World Range |
---|---|---|
1 Pair of Jeans (Levis 501 Or Similar) |
45.68 $ |
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
47.28 $ |
|
1 Pair of Nike Running Shoes (Mid-Range) |
82.87 $ |
|
1 Pair of Men Leather Business Shoes |
98.22 $ |
|
Rent Per Month |
Price |
World Range |
---|---|---|
Apartment (1 bedroom) in City Centre |
809.89 $ |
|
Apartment (1 bedroom) Outside of Centre |
512.07 $ |
|
Apartment (3 bedrooms) in City Centre |
1466.67 $ |
|
Apartment (3 bedrooms) Outside of Centre |
1049.74 $ |
|
Buy Apartment Price |
Price |
World Range |
---|---|---|
Price per Square Feet to Buy Apartment in City Centre |
1605.24 $ |
|
Price per Square Feet to Buy Apartment Outside of Centre |
1301.53 $ |
|
Salaries And Financing |
Price |
World Range |
---|---|---|
Average Monthly Net Salary (After Tax) |
1792.75 $ |
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
4.76 % |
|
The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 12.0 USD, while a three-course dinner for two at a mid-range restaurant generally costs 60.0 USD.
Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.73 USD, a loaf of bread 2.53 USD, and a dozen eggs approximately 2.96 USD.
Public transport is relatively affordable, with a single trip priced at about 1.5 USD and a monthly pass around 60.0 USD. If you plan to use public transit regularly, these passes offer great value.
For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 225.3 USD.
For those interested in fitness and leisure, a monthly gym membership averages around 37.2 USD, while an hour on a tennis court on weekends costs about 19.22 USD.
Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 373.75 USD. For international schooling options, annual tuition can reach approximately 7836.84 USD.
Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 45.68 USD, and mid-range Nike sneakers are priced around 82.87 USD.
Rental prices depend on location, with a one-bedroom apartment in the city center averaging 809.89 USD per month, while one outside the center costs around 512.07 USD.
If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 1605.24 USD, while in the suburbs, it's closer to 1301.53 USD.
The average monthly net salary here is about 1792.75 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 4.76% annually.
Puerto Rico
Puerto Rico is somewhat safe but you should take precautions on the streets of major cities, and after dark. Be wary of pickpockets and bag snatching and keep your valuables safe by your side. Never carry all your money in one place or leave your valuables in plain sight in a car or at a beach when swimming.
Streets are always busy in Puerto Rico and traffic jams are unpredictable. The drivers are, sadly, as bad people tend to describe them: reckless and inconsiderate. There are too many vehicles on the island and the roads are in bad condition. Saying their driving is hectic is an understatement.
Pickpockets are a common occurrence on the streets of Puerto Rico and tourists are recommended to remain vigilant at all times when on the street. Make sure you don't flash your valuable possessions on the street, or better yet, leave them in your accommodation.
Hurricanes are a serious problem here. In September of 2017, Puerto Rico was battered by Hurricane Maria, which caused huge destruction of the infrastructure of the island. This also, later, caused the outbreak of the Zika fever spread by mosquitoes.
Mugging is not altogether uncommon in the streets of Puerto Rico. In such a situation, hand over all your possessions immediately and do not resist. Avoid poorly lit and deserted areas.
Terrorist attacks are likely to happen in Puerto Rico because Puerto Rican terrorists have been active in the United States and Puerto Rico for more than two decades. Due to the island's political status, it is likely that separatist violence will continue. Remain vigilant at all times.
Scams are very common in Puerto Rico, so double check your change, never pay anything upfront and negotiate everything in advance. Be very careful around ATMs and be wary of people trying to distract you. Also, be careful around children as they're probably trying to distract you too - they are skillful pickpockets.
Traveling to Puerto Rico is generally safe for solo women, but bear in mind that you should always hike in a company, never alone. Stay away from poorly lit and deserted streets and areas and from people that are visibly intoxicated or under the influence.
Visa requirements for Puerto Rico are the same as for US states. The US is famous for its harsh policy for acquiring a tourist, let alone a resident visa. However, depending on your nationality, it might be easy for you to acquire one. If you're not sure about your visa status, contact your local US embassy for further information.
The United States dollar is the official currency in Puerto Rico. Credit and debit cards are accepted nearly everywhere, and ATMs are widely available.
Even though Puerto Rico is a tropical island located in the Caribbean Sea, its climate varies slightly from that of many other tropical islands. Its rainy season doesn't get as much precipitation as many other tropical islands, but it's noteworthy nonetheless.
Luis Muñoz Marín International Airport is a joint civil-military international airport and the busiest airport in the Caribbean region by passenger traffic. It is located in Carolina, Puerto Rico, 5 km southeast of San Juan.
Just like anywhere else, we recommend getting travel insurance when traveling to Puerto Rico, since it covers not only the costs of medical problems but also theft and loss of valuables.