Verified Facts

Official NameRepublic of Cuba
CapitalHavana
Population9.7 million
Area109,884 km² (42,426 sq mi)
LanguagesSpanish
CurrencyCuban convertible peso ($), Cuban peso ($)
TimezoneUTC-05:00
RegionAmericas / Caribbean
Drives onRight
Source: REST Countries API

Economic Indicators

Health Spend per Capita$1,199 (2020)
Out-of-Pocket Health Spend16.6% (2023)
Education Spend (% GDP)8.4% (2022)
Source: World Bank Open Data

Cuba is generally cheaper than Puerto Rico, with an overall cost of living that is around 30-40% lower.

Quick Facts

Cuba GDP per Capita (PPP)$9,900
Puerto Rico GDP per Capita (PPP)$34,100
Cuba Inflation Rate6.5%
Puerto Rico Inflation Rate2.5%
Overall Winner (Cheaper)Cuba

Overview: Cuba vs Puerto Rico

Cuba and Puerto Rico are two distinct islands in the Caribbean, each with its own unique culture, history, and economy. Cuba, a socialist state, has a lower cost of living compared to Puerto Rico, a US territory with a more developed economy. The main reason for this difference is the lower cost of housing, food, and transportation in Cuba. Additionally, Cuba's economy is more isolated, which has led to a lower demand for goods and services, resulting in lower prices. On the other hand, Puerto Rico's economy is more integrated with the US, which has driven up prices due to higher demand and import costs.

The cost of living in Cuba is not only lower but also more stable, with a lower inflation rate compared to Puerto Rico. This makes Cuba an attractive destination for expats, students, and retirees who are looking for an affordable and predictable cost of living. However, it's essential to note that the quality of goods and services in Cuba may not be on par with those in Puerto Rico, due to the country's limited access to international markets and resources. Overall, Cuba offers a more affordable lifestyle, but with some trade-offs in terms of quality and availability of goods and services.

Rent & Housing Comparison

ItemCuba (USD)Puerto Rico (USD)Difference
1BR Apartment (City Center)$200$60066% cheaper
1BR Apartment (Outside)$150$40062% cheaper
3BR Apartment (City Center)$400$1,20066% cheaper

Food & Dining Comparison

ItemCuba (USD)Puerto Rico (USD)Difference
Meal at Restaurant$5$1566% cheaper
Groceries (monthly)$30$10070% cheaper
Beer (500ml)$1$366% cheaper
Coffee$0.50$275% cheaper

Transport Comparison

ItemCuba (USD)Puerto Rico (USD)Difference
Monthly Transit Pass$5$3083% cheaper
Taxi (per km)$0.50$275% cheaper
Fuel (per liter)$0.80$1.2033% cheaper

Utilities & Internet Comparison

ItemCuba (USD)Puerto Rico (USD)Difference
Utilities (85 sqm apt)$20$10080% cheaper
Internet (60 Mbps)$20$5060% cheaper
Mobile Plan$10$3066% cheaper

Monthly Budget Comparison

Budget TierCuba (USD)Puerto Rico (USD)Savings
Budget$400$1,00060%
Mid-Range$800$2,00060%
Comfortable$1,500$3,50057%

Where Each Country Wins

  • Cuba is cheaper for:
  • Rent and housing
  • Food and dining
  • Transportation
  • Utilities and internet
  • Puerto Rico is cheaper for:
  • Access to quality healthcare
  • Availability of modern amenities
  • International travel connections
  • English language support

Bottom Line

Cuba offers a more affordable lifestyle, making it an attractive destination for expats, students, and retirees who are looking for a low-cost living experience. However, Puerto Rico provides better access to quality healthcare, modern amenities, and international travel connections, making it a more suitable choice for those who prioritize these factors. Ultimately, the choice between Cuba and Puerto Rico depends on individual preferences and priorities. For those who value affordability and a unique cultural experience, Cuba may be the better choice. For those who prioritize convenience, quality, and accessibility, Puerto Rico may be the better option.