Cost of Living in Palo Seco, PR

With a cost of living index of 61, Palo Seco, PR is one of the most affordable cities in the country. Living here is 39% cheaper than the national average and 9% below the Puerto Rico state average of 70. Palo Seco is a small community of 1,001 residents.

Housing costs are the biggest factor in Palo Seco's cost of living. The median monthly rent is $564 (57% below the US median of $1,319), and the median home value sits at $109,100 (64% below the national median of $304,900). At current prices, the median home costs roughly 5.9x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Palo Seco is $18,582, which is 75% lower than the national median of $75,149. Residents spend roughly 36% 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 Palo Seco. 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.