Cost of Living in Aceitunas, PR

With a cost of living index of 60, Aceitunas, PR is one of the most affordable cities in the country. Living here is 40% cheaper than the national average and 10% below the Puerto Rico state average of 70. Aceitunas is a small community of 1,625 residents.

Housing costs are the biggest factor in Aceitunas's cost of living. The median monthly rent is $500 (62% below the US median of $1,319), and the median home value sits at $114,400 (62% below the national median of $304,900). At current prices, the median home costs roughly 5.7x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Aceitunas is $19,940, which is 73% lower than the national median of $75,149. Residents spend roughly 30% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.