Cost of Living in Cacao, PR

With a cost of living index of 62, Cacao, PR is one of the most affordable cities in the country. Living here is 38% cheaper than the national average and 8% below the Puerto Rico state average of 70. Cacao is a small community of 1,140 residents.

Housing costs are the biggest factor in Cacao's cost of living. The median monthly rent is $666 (50% below the US median of $1,319), and the median home value sits at $85,500 (72% below the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in Cacao is $28,313, which is 62% lower than the national median of $75,149. Residents spend roughly 28% 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.

Climate is another factor for anyone considering a move to Cacao. The area sees an average annual temperature of 76.1°F, with summers averaging 82°F and winters around 69°F. Annual rainfall totals 57.2 inches spread over roughly 112 days.

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.