Puerto Rico's median age is 40.

San Juan, Puerto Rico — July 10, 2024. The Puerto Rico Institute of Statistics released the results of the Cost of Living Index (COLI) for the first quarter of 2024, whose data show that the urban area of Metropolitan Statistical Area (MSA) of San Juan-Bayamón-Caguas, is ranked 82nd out of 301 urban areas in terms of overall cost of living in the United States, with a composite index of 102.3. The 15 municipalities that make up the San Juan-Bayamón-Caguas MSA are: Bayamón, Caguas, Canovanas, Carolina, Cataño, Cidra, Dorado, Gurabo, Guaynabo, Rio Grande, San Juan, Toa Alta, Toa Baja, Trujillo Alto and Vega Alta.

At the national level, the average cost of living is set at an index of 100. The composite index of 102.3 for the urban area of the San Juan-Bayamón-Caguas MSA indicates that living in this region is 2.3% more expensive than the average of the 301 participating urban areas nationwide.

The composite index is derived from six main categories of consumer spending, of which the following table presents the Rankings for the urban area of the San Juan-Bayamón-Caguas MSA. The combination of higher costs in supermarkets and utilities is partially offset by relatively low costs in health care and miscellaneous goods.

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About the Cost of Living Index (COLI):

COLI is a crucial tool for understanding regional differences in the costs of consumer goods and services. The indices are calculated based on data collected quarterly by different entities in each participating urban area. The COLI has been calculated in urban areas of the United States since 1968, using the methodology developed by the Council for Community and Economic Research (C2ER), a non-profit organization dedicated to research on community and economic development. The Puerto Rico Statistics Institute, together with the network of members affiliated with C2ER, is responsible for collecting prices for goods and services established by C2ER.

The Puerto Rico Statistics Institute has designed a comparative calculator for the cost of living between the urban area of the San Juan-Bayamón-Caguas MSA and the rest of the participating cities in the United States. This tool is available at: https://apps.estadisticas.pr/coli/.

The Puerto Rico Statistics Institute is an autonomous governmental entity responsible for coordinating the Government's statistical production service to ensure that the data collection and statistics systems, on which public policies are based, are complete, reliable, and have quick and universal access.

For more information you can visit the website: www.estadisticas.pr or write to preguntas@estadisticas.pr. They can also follow social networks through Facebook (@estadisticas .pr), X (@EstadisticasPR), LinkedIn (Institute of Statistics of Puerto Rico) and Instagram (@institutodeestadisticas) accounts.

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The purpose of this survey is to collect data on aspects related to COVID-19 in businesses in Puerto Rico. Having frequent and updated data will allow businesses to take all necessary steps to maintain services securely, effectively and efficiently.

This survey is encouraged to be completed twice a week, preferably on Mondays and Fridays before 3:00 p.m. The survey consists of a total of 20 questions and takes approximately 15 to 20 minutes to complete. It is recommended that this survey be completed by administrative or management staff.

You can access this survey at: Survey - COVID 19 - Business

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