Cost of Living in Vázquez, PR

With a cost of living index of 53, Vázquez, PR is one of the most affordable cities in the country. Living here is 47% cheaper than the national average and 17% below the Puerto Rico state average of 70. Vázquez is a small community of 1,814 residents.

Housing costs are the biggest factor in Vázquez's cost of living. The median monthly rent is $389 (71% below the US median of $1,319), and the median home value sits at $75,600 (75% below the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Vázquez is $18,596, which is 75% lower than the national median of $75,149. Residents spend roughly 25% 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 Vázquez. 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.