Latin America & Caribbean: cities with the highest cost of living index 2022

Most expensive cities to live in Latin America and the Caribbean in 2022

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Release date

November 2022


Central and South America

Survey time period


Special properties

as of mid-year

Supplementary notes

* The source uses New York City as the base for the calculation, which means that for New York City, each index should be 100(%). The difference between New York City's score and each listed city's indicates the difference in percentage between prices of both cities. For example, the cost of living in San Juan de Puerto Rico according to this ranking is 29.86 percent lower than the cost of living in New York City, since San Juan has an index score of 70.14.
The source defines the cost of living index as "a relative indicator of consumer goods prices, including groceries, restaurants, transportation, and utilities. The cost of living index doesn't include accommodation expenses such as rent or mortgage."
Further information about the index methodology can be found here.
The release date is the date of access.

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