Cost of Living in Coto Norte, PR

With a cost of living index of 57, Coto Norte, PR is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 13% below the Puerto Rico state average of 70. Coto Norte is a small community of 1,513 residents.

Housing costs are the biggest factor in Coto Norte's cost of living. The median monthly rent is $437 (67% below the US median of $1,319), and the median home value sits at $109,000 (64% below the national median of $304,900). At current prices, the median home costs roughly 6.9x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Coto Norte is $15,840, which is 79% lower than the national median of $75,149. Residents spend roughly 33% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. 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 Coto Norte. 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.