Cost of living in Cayo Coco
Cayo Coco, a beautiful island in Cuba, is known for its stunning beaches and vibrant culture. Understanding the cost of living here is crucial for anyone considering a move or an extended stay.
This guide provides a detailed breakdown of expenses in Cayo Coco, covering everything from dining and groceries to housing and transportation.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $5.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $15.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.
- Beverages (e.g., Domestic Beer, Imported Beer, Coke/Pepsi, Water) - Domestic beer costs $2, imported beer $3, Coke/Pepsi $2, and water $1.
Grocery Prices
- Milk - Milk is priced at $3 per liter.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs $1.
- Eggs (Dozen) - A dozen eggs cost $3.6.
- Fruits (e.g., Apples, Oranges) - Apples cost $5 per kg, while oranges are $1 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes and lettuce are priced at $1 per kg and per head, respectively.
Transportation
- Public Transport (One-Way Ticket) - Public transport options are limited, with no specific pricing available.
- Fuel (Gasoline) - Gasoline is priced at $1 per liter.
- Taxi Fares - Taxi fares start at $1, with a cost of $1 per km and $20 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre is $400.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is $425.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is $1050.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is $620.
- Buying Price per Square Meter (City Centre) - The price per square meter to buy an apartment in the city centre is $300.
- Buying Price per Square Meter (Outside Centre) - Outside the centre, the price per square meter is $350.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $40.
- Internet - Internet services cost $220.
Cost of Living Data
The following pricing data has been gathered from 1 user contributions, as of the most recent update in March, 2024.
Restaurants
Restaurants
Avg
Range
Meal, Inexpensive Restaurant
$5.00
Meal for 2 People, Mid-range Restaurant, Three-course
$15.00
McMeal at McDonalds (or Equivalent Combo Meal)
$7.00
Domestic Beer (0.5 liter draught)
$2.00
Imported Beer (0.33 liter bottle)
$3.00
Coke/Pepsi (0.33 liter bottle)
$2.00
Water (0.33 liter bottle)
$1.00
Cappuccino (regular)
$1.00
Markets
Markets
Avg
Range
Milk (regular), (1 liter)
$3.00
Loaf of Fresh White Bread (500g)
$1.00
Eggs (regular) (12)
$3.60
Local Cheese (1kg)
$6.00
Water (1.5 liter bottle)
$1.00
Bottle of Wine (Mid-Range)
$10.00
Domestic Beer (0.5 liter bottle)
$2.00
Imported Beer (0.33 liter bottle)
$2.00
Cigarettes 20 Pack (Marlboro)
$3.00
Chicken Fillets (1kg)
$5.00
Apples (1kg)
$5.00
Oranges (1kg)
$1.00
Potato (1kg)
$1.00
Lettuce (1 head)
$1.00
Rice (white), (1kg)
$2.00
Tomato (1kg)
$1.00
Banana (1kg)
$1.00
Onion (1kg)
$3.00
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$10.00
Transportation
Transportation
Avg
Range
One-way Ticket (Local Transport)
$0.00
Monthly Pass (Regular Price)
$20.00
Gasoline (1 liter)
$1.00
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$70,000.00
Taxi Start (Normal Tariff)
$1.00
Taxi 1km (Normal Tariff)
$1.00
Taxi 1hour Waiting (Normal Tariff)
$20.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$80,000.00
Rent Per Month
Rent Per Month
Avg
Range
Apartment (1 bedroom) in City Centre
$400.00
Apartment (1 bedroom) Outside of Centre
$425.00
Apartment (3 bedrooms) in City Centre
$1,050.00
Apartment (3 bedrooms) Outside of Centre
$620.00
Utilities (Monthly)
Utilities (Monthly)
Avg
Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$40.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$220.00
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$40.00
Sports And Leisure
Sports And Leisure
Avg
Range
Fitness Club, Monthly Fee for 1 Adult
$40.00
Tennis Court Rent (1 Hour on Weekend)
$10.00
Cinema, International Release, 1 Seat
$1.00
Clothing And Shoes
Clothing And Shoes
Avg
Range
1 Pair of Jeans (Levis 501 Or Similar)
$40.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$30.00
1 Pair of Nike Running Shoes (Mid-Range)
$75.00
1 Pair of Men Leather Business Shoes
$80.00
Buy Apartment Price
Buy Apartment Price
Avg
Range
Price per Square Meter to Buy Apartment in City Centre
$300.00
Price per Square Meter to Buy Apartment Outside of Centre
$350.00
Salaries And Financing
Salaries And Financing
Avg
Range
Average Monthly Net Salary (After Tax)
$20.00
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
10%
Childcare
Childcare
Avg
Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$90.00
International Primary School, Yearly for 1 Child
$15,000.00
Cayo Coco Cost of Living
"Key Takeaways"
Cayo Coco offers a relatively affordable cost of living, especially in terms of dining and housing.
While basic utilities and internet services are reasonably priced, transportation options are limited, which may affect mobility.
Potential residents should consider the cost of groceries and the availability of public transport when planning their budget.
Conclusion
In conclusion, Cayo Coco presents a cost-effective living environment with affordable dining and housing options.
However, the limited transportation infrastructure and specific grocery costs should be considered when evaluating the overall cost of living.
This guide serves as a comprehensive resource for understanding the financial aspects of living in this picturesque Cuban locale.
Cayo Coco