Ponce, PR, presents a cost of living that is generally below the nationwide average. The overall cost of living index for Ponce stands at 87, which is 13% lower than the average of 100. This reduction mainly stems from the housing category, which costs 25% less than the national average. While groceries, utilities, transportation, healthcare, and miscellaneous expenses are slightly lower or close to the national average, housing stands out as significantly more affordable. This information helps potential job seekers weigh their relocation choices carefully.
The cost of living in Ponce, Puerto Rico, presents a unique contrast when compared to the nationwide average, which is indexed at 100. Housing costs in Ponce stand significantly lower at 75, suggesting that residents can expect to spend 25% less on housing compared to the national average. This presents a considerable advantage for job seekers considering relocation to Ponce, as savings in housing can be substantial.
Beyond housing, other living expenses in Ponce also show variations. Groceries in Ponce are slightly below the national average, indexed at 98, meaning that the cost is only 2% less than the average. Utilities, at 85, indicate a 15% reduction in costs, while transportation costs are very close to the national average, indexed at 90. Healthcare costs in Ponce are slightly higher at 95, showing a 5% increase compared to the national average. Miscellaneous expenses are indexed at 80, representing a 20% savings for residents. These variations across different cost categories can provide job seekers with a clearer picture of what to expect when considering a move to Ponce.
