Question 1

How far does your money go in El Progreso compared with the US?

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 2.3x further in El Progreso. We are using the country-level cost index for Honduras here because a defensible city-level aggregate index is not available yet.

Question 2

Is El Progreso cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 63% cheaper than New York City for El Progreso. We are using the country-level cost index for Honduras here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in El Progreso compare with New York City?

Accepted Answer

Rent are about 88% cheaper than New York City in El Progreso. We are using the country-level cost index for Honduras here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in El Progreso?

Accepted Answer

Groceries are about 60% cheaper than New York City and restaurant prices are about 66% cheaper than New York City. We are using the country-level cost index for Honduras here because a defensible city-level aggregate index is not available yet.

El Progreso, Honduras

Purchasing Power vs. United States

How Far Your Money Goes

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