
It is estimated that the average cost of living in mainland US is 21% higher than in Puerto Rico. Housing costs are 47% less when compared to US prices. The island offers miles of low-cost ocean front property outside of San Juan, but some expensive bubbles do exist depending on the area. Transportation is 16% cheaper.Click to see full answer. Herein, what is the average cost of a home in Puerto Rico?The median cost for an average house ranges from US $175,000 to US $319,000. Some areas have seen price stabilization or increases of as much as 25%, including the highly competitive Dorado market. Other popular cities include San Juan, Rincón, Aguada and Ponce.Additionally, how much does it cost to move to Puerto Rico? According to the American Moving & Storage Association, the average cost of a move between states is $5,630, but Worldwide ERC, which handles employee transfers, averages the cost of moving at $12,459. Moving to Puerto Rico can be even more. Besides, is it safe to live in Puerto Rico? But the truth is, for the average person, living in Puerto Rico is about as safe as living in many metropolitan areas in the U.S., and safer in many of the commonwealth’s resort and beach communities where expats tend to live.How much money do you need to retire in Puerto Rico? Cost of Retiring in Puerto Rico Living expenses should typically be a total of four times your monthly rent, so you can expect to retire comfortably in Puerto Rico on about $2,000 per month. Even the more expensive parts of the island are still less expensive than most major U.S. cities.
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