Question 1

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

Accepted Answer

Based on the current PPP estimate, the same home-country income goes about 1.3x further in Carolina. We are using the country-level cost index for Puerto Rico (US) here because a defensible city-level aggregate index is not available yet.

Question 2

Is Carolina cheaper or more expensive overall than New York City?

Accepted Answer

Overall living costs are about 37% cheaper than New York City for Carolina. We are using the country-level cost index for Puerto Rico (US) here because a defensible city-level aggregate index is not available yet.

Question 3

How does rent in Carolina compare with New York City?

Accepted Answer

Rent are about 78% cheaper than New York City in Carolina. We are using the country-level cost index for Puerto Rico (US) here because a defensible city-level aggregate index is not available yet.

Question 4

How expensive are groceries and restaurants in Carolina?

Accepted Answer

Groceries are about 33% cheaper than New York City and restaurant prices are about 44% cheaper than New York City. We are using the country-level cost index for Puerto Rico (US) here because a defensible city-level aggregate index is not available yet.

Carolina, Puerto Rico (US)

Purchasing Power vs. United States

How Far Your Money Goes

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