Cost of Living in Arecibo vs Balboa

Cost of living in Arecibo is 7% higher than in Balboa (without rent).

Rent in Arecibo is 24% cheaper than in Balboa.

Cost of living including rent in Arecibo is 10% lower than in Balboa.

Food in Arecibo is 4% more expensive than in Balboa.

Transport in Arecibo is 47% more expensive than in Balboa.

Arecibo vs. Balboa Comparision

Arecibo Balboa
Cost of Living, including rent
1,129 $
1,249 $
Without Rent
621 $
580 $
Rent & Utilities
508 $
669 $
Food
458 $
442 $
Transport
55 $
38 $
Monthly Salary, after tax
2,574 $
862 $
Quality of Life
65
47
Population
87.8K
62.9K

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Arecibo Balboa

Restaurants

Lunch menu,
inexpensive restaurant
11.9 $ 11.4 $
Dinner, for 2 49.8 $ 55.8 $
Fast food, McDonalds or KFC 7.43 $ 7.67 $
Beer, 0.5 L or 16 fl oz 2.01 $ 2.86 $
Capuccino 3.19 $ 4.08 $
Coke, 330ml 1.49 $ 1.91 $

Markets

Milk, 1 L or 1 qt 1.66 $ 1.73 $
Bread, 0.5 kg or 1 lb 3.02 $ 2.23 $
Rice, 1 kg or 2 lb 2.18 $ 2.26 $
Eggs, 12 pack 2.54 $ 2.66 $
Cheese, 1 kg or 2 lb 8.79 $ 12.9 $
Chicken Breast, 1 kg or 2 lb 6.63 $ 7.36 $
Round Steak, 1 kg or 2 lb 8.82 $ 10.1 $
Apples, 1 kg or 2 lb 4.78 $ 3.24 $
Banana, 1 kg or 2 lb 1.99 $ 1.54 $
Oranges, 1 kg or 2 lb 3.55 $ 3.05 $
Potatoes, 1 kg or 2 lb 3.81 $ 2.19 $
Onions, 1 kg or 2 lb 2.83 $ 2.49 $
Water, 1 L or 1 qt 0.96 $ 1.01 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.78 $ 2.44 $
Wine, 750 mL bottle 11.9 $ 8.93 $
Beer, 0.5 L or 16 fl oz 2.1 $ 1.13 $
Cigarette pack 8 $ 5.94 $

Transport

Local transport ticket, One-way Ticket 2 $ 0.39 $
Monthly pass, Monthly Ticket 40.1 $ 28.3 $
Gas or petrol, 1 L or 0.26 gal 0.91 $ 1.02 $
Taxi, 8 km 21.8 $ 14.6 $

Personal Care

Doctor visit, private clinic 63.6 $ 46.7 $
Cold medicine, for 1 week 8.64 $ 10.9 $
Hair shampoo, 400 ml or 12 oz 6.09 $ 6.51 $
Toilet paper, 4 rolls 3.52 $ 2.97 $
Toothpaste, 1 tube 2.68 $ 2.86 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
59.5 $ 77.5 $
Utility bill - family,
electricity, heating, water & garbage
90.5 $ 118 $
Internet plan,
+60 Mbps
70.6 $ 47.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 361 $ 493 $
3 Bedroom Apartment, outside of center, 85 sq.m 681 $ 1,015 $
1 Bedroom Apartment, in city center, 40 sq.m 446 $ 745 $
3 Bedroom Apartment, in city center, 85 sq.m 1,045 $ 1,558 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 1,984 $ 2,284 $
Price per Square Meter to Buy House, in suburbs 1,737 $ 1,473 $

Salaries and Financing

Average Monthly Net Salary, after tax 2,574 $ 862 $
Mortgage Interest Rate, for 20 years fixed-rate 4.18 % 6.27 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 40.4 $ 41.2 $
Cinema, 1 seat 7.02 $ 6.62 $
Haircut 16.3 $ 12.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 81.9 $ 88.6 $
Brand Jeans, Levis 501 45.1 $ 53.2 $

Childcare

Preschool, full day, monthly for 1 child 455 $ 436 $
International Primary School, yearly for 1 child 3,991 $ 9,387 $