Puerto Rico (Territory of the USA with Commonwealth status) is an island between the Caribbean Sea and the North Atlantic Ocean, east of the Dominican Republic. The climate is tropical marine with little seasonal temperature variation. The official languages are English and Spanish. Spanish is more commonly used outside the San Juan metropolitan area. The main religion is Christianity. The economy of Puerto Rico is dynamic with a diverse industrial sector that has surpassed agriculture as the primary focus of economic activity and income. Puerto Rico is an overseas commonwealth of the USA, however it is advisable to refer to it as if it were an independent country. Expatriate business dress is relatively casual, though expatriates are advised to take direction from their counterparts. The security risk for expatriates in Puerto Rico is low overall, but medium in San Juan. Risks include petty crime (particularly expatriates), violent crime and homicide (mostly drug or gang related). The currency of Puerto Rico is the US Dollar (USD). Medical facilities are good, however the cost of treatment for expatriates can be high. Serious or complex medical treatment may require evacuation which can be expensive. Zika virus has been reported. The population of Puerto Rico is 3.4 Million (2018 est.), while the inflation rate (CPI) is 1.6% for Puerto Rico as at March 2018. For a single Expat, the personal income tax rate in Puerto Rico is progressive up to 33%.
Cost Of Living
The cost of living for expatriates / professional migrants in In Puerto Rico, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports): Puerto Rico as at 1 April 2018 is high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: Average 2) Clothing: Average 3) Communication: Average 4) Education: Average 5) Furniture & Appliances: High 6) Groceries: Very High 7) Healthcare: Average 8) Household Accommodation: Average 9) Miscellaneous: Average 10) Personal Care: High 11) Recreation & Culture: Average 12) Restaurants Meals Out and Hotels: Average 13) Transport: Average Puerto Rico is for example 18.3% more expensive than USA for groceries, -13.3% cheaper for household costs than UK, and 88% more expensive for transport costs than India. The hardship premium for Puerto Rico for an expat from Australia, is for example 20%, i.e. host location (Puerto Rico) premium of 30% minus home (Australia) location premium of 10%. Puerto Rico is ranked as a high degree of hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Puerto Rico? Register subscribe to your home location and Puerto Rico and run your personalised reports.