Cost of Living in Del Carmen, PR

With a cost of living index of 63, Del Carmen, PR is one of the most affordable cities in the country. Living here is 37% cheaper than the national average and 7% below the Puerto Rico state average of 70. Del Carmen is a small community of 1,435 residents.

Housing costs are the biggest factor in Del Carmen's cost of living. The median monthly rent is $629 (52% below the US median of $1,319), and the median home value sits at $109,200 (64% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.

The median household income in Del Carmen is $38,321, which is 49% lower than the national median of $75,149. Residents spend roughly 20% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. 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 Del Carmen. 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.