Cuba is the country ideal for foreigners who earn their wages in their home countries, but come to enjoy a low cost life there.
However, if you are planning to look for a job in Cuba, it would be difficult to afford comfortable living conditions due to the low salaries and expensive daily costs.
Cubans struggle daily and have to face many living difficulties, because they have to cover some basic costs that factor into the cost of living and they cannot earn enough for that, but somehow they manage to survive.
How much money you need to live in Cuba depends on how you live, and as a foreigner you can find a decent meal for as little as $5, but for a citizen of Cuba that is a luxury.
Alcohol is not expensive compared to American and European countries, as a bottle of beer is only $1.
High transportation costs and import taxes from other countries result in high prices for imported goods, and some of foodstuff are unaffordable to Cuban citizens.
Milk is very expensive, as one liter will take the whole minimum salary that a worker earns during one month.
Compared to their salaries, one of the biggest expenditures for the average Cuban is transportation as for the person who earns the minimum wage of $9, it will take $6.5 and almost nothing is left for other costs.
A foreigner would, on the other hand, consider a monthly pass a bargain.
The Internet access is unaffordable and almost impossible to possess for Cubans.
The price of it exceeds three average monthly salaries, as it is almost $80 per month.
Other expenses are high, but still possible to be paid and services take 11% of the monthly salary.
SPORTS & LEISURE
If you want to know how much money would be necessary for some entertainment, you will be satisfied to hear that entertainment is not at all expensive when compared with other countries, as fitness clubs are $16 and movie tickets do not exceed $0.3.
CLOTHING & SHOES
How much you will spend on clothes and whether it will be one of the most expensive things here depends on whether you want to live like a tourist or a Cuban here.
Cubans do not spend money on clothes, as it is extremely expensive compared to their budgets.
RENT PER MONTH
Due to the very low salaries, the government provides housing for Cubans, so they do not have to pay taxes, rent or mortgages, but you as a newcomer, would need to cover these expenses, too.
The difference in price between the apartment in the city center and out of it is huge, exceeding $350.
Cost of Living Averages Table for Cuba
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$ 5|
|Domestic Beer (0.5 Liter)||$ 1|
|Water (0.33 Liter)||$ 0.73||Average Market Prices|
|Milk (1 Liter)||$ 8.46|
|Loaf Bread (500g)||$ 0.48|
|Eggs (12)||$ 0.90||Average Transport Prices|
|One Way Ticket||$ 0.10|
|Monthly Pass||$ 6.50|
|Gasoline||$ 4.22||Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$ 9.25|
|1 min. of Prepaid Mobile Tariff Local||$ 0.34|
|Internet (Unlimited Data, Cable/ADSL)||$ 77.50||Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$ 16.25|
|Tennis Court Rent (1 Hour)||$ 7.5|
|Cinema, 1 Seat, International Release||$ 0.28||Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$ 37.33|
|1 Summer Dress in a Chain Store (Zara, etc...)||$ 45|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$ 80.83||Average Rent Prices|
|Apartment (1 bedroom) in City Center||$ 448.89|
|Apartment (1 bedroom) Outside of Center||$ 72.26|
|Apartment (3 bedrooms) in City Center||$ 537.50|
How Does the Average Person Spend Their Money in Cuba?
It is very difficult to compare your future costs in Cuba with the average spendings of its citizens due to the huge difference in the monthly salaries and spending habits.
As they earn pretty low amounts, they devote the majority of it for the expenses that are of the utmost importance, such as food, transportation and utilities.
If something is left, they will spend it on entertainment and clothing, but that rarely happens.
For foreigners whose salary is high, the monthly expenses might differ.
Cuba: Average Salary, Minimum Wage & Mortgages
Considering the fact that the majority of Cubans receive a state salary of $20 per month, it is true that there is huge poverty and that coming there with the salary from your home country makes you so wealthy in these conditions.
What would be your cost of living in Cuba depends on your living habits, but due to the low incomes of its citizens, you can expect low prices and poor living conditions.
Buying a property here is possible, and the mortgage interest rate is 5%.
Cost of Living by City in Cuba
*Click the name of the city for more information.
|City||Cost of Living Index|