Quick Answer
Moving to San Juan, Puerto Rico? With a cost of living index of 98 and a median home price of $275,000, San Juan offers below-average living costs. Top employers include Popular Inc., Walmart Puerto Rico, AbbVie.
Key Takeaways
- 1Cost of living index: 98 (US avg: 100)
- 2Median home price: $275,000
- 3Average 1BR rent: $1,100
- 4Top neighborhoods: Condado, Old San Juan, Guaynabo
Key Statistics
San Juan, PR — Key metrics for newcomers
Moving to San Juan, Puerto Rico
Everything you need to know about relocating to San Juan. From cost of living and neighborhoods to top employers and practical tips for a smooth move.
Top Employers in San Juan
San Juan's economy is anchored by major employers across diverse industries. Whether you are relocating for a specific job or exploring opportunities, these companies and institutions drive the local job market.
Best Neighborhoods for Newcomers in San Juan
Condado
Popular with newcomers for its community feel, local amenities, and convenient access to San Juan's attractions.
Old San Juan
Popular with newcomers for its community feel, local amenities, and convenient access to San Juan's attractions.
Guaynabo
Popular with newcomers for its community feel, local amenities, and convenient access to San Juan's attractions.
Housing Market Overview in San Juan
Market Snapshot
The median home price in San Juan is $275,000. Whether you are planning to rent first at around $1,100/month for a 1-bedroom or dive straight into buying, the San Juan market offers options across different neighborhoods and price points.
If you are selling your current home before relocating, professionally staged listings sell 30-50% faster and for up to 5% more. Virtual staging with Agent Lens costs just $0.10 per image and delivers photo-realistic results in seconds.
Cost of Living Breakdown in San Juan
San Juan's cost of living is right around the national average, making it an accessible choice for most budgets. Housing, groceries, and utilities are all reasonably priced compared to major coastal cities. This affordability is a major draw for relocating families and remote workers.
Key Monthly Costs
Tips for Newcomers Moving to San Juan
Visit Before You Commit
Spend at least a long weekend in San Juan before signing a lease or buying. Explore different neighborhoods at different times of day. Check your potential commute during rush hour and visit local grocery stores to get a feel for daily life.
Rent Before You Buy
Consider renting for 6-12 months when you first arrive in San Juan. This gives you time to learn the neighborhoods, understand the local market (median price: $275,000), and make a more informed home purchase decision.
Research the Job Market
San Juan's top employers include Popular Inc., Walmart Puerto Rico, AbbVie. Secure a job offer or have a remote work arrangement confirmed before relocating. Networking through LinkedIn and local professional groups can help you connect before you move.
Understand the Climate
Tropical marine climate with warm weather year-round, hurricane season June-November. Make sure you are comfortable with the local weather patterns before committing. What looks great on a vacation visit may feel different after a full year of living there.
Budget for the Transition
Moving costs, security deposits, utility setups, and the gap between paychecks add up. With a cost of living index of 98, plan to have 3-6 months of expenses saved. The average 1BR rent of $1,100 is a good baseline for budgeting.
Connect with the Community Early
Join local Facebook groups, Nextdoor, or Reddit communities for San Juan before you move. These are invaluable for finding recommendations, learning about neighborhoods like Condado, and making connections in your new city.
Frequently Asked Questions About Moving to San Juan
Is San Juan a good place to live?
Yes, San Juan, Puerto Rico is a great place to live for many people. The city offers Popular Inc., Walmart Puerto Rico, AbbVie among its top employers, providing strong job opportunities. With a cost of living index of 98 (US average is 100) and neighborhoods like Condado and Old San Juan, there are options for different budgets and lifestyles. The climate features tropical marine climate with warm weather year-round, hurricane season june-november, which appeals to many newcomers.
What is the cost of living in San Juan?
The cost of living in San Juan has an index of 98, which is 2% below the US average of 100. Average rent for a 1-bedroom apartment is $1,100 per month, and the median home price is $275,000. Housing is typically the largest expense factor. Use our mortgage calculator and closing cost calculator to estimate your monthly payments if you are considering buying.
What are the best neighborhoods in San Juan?
The best neighborhoods in San Juan for newcomers include Condado, Old San Juan, Guaynabo. These areas are popular with new residents for their walkability, amenities, and community feel. The right neighborhood depends on your priorities — commute, schools, walkability, and budget.
How much does a house cost in San Juan?
The median home price in San Juan, Puerto Rico is $275,000. Prices vary significantly by neighborhood — for example, Condado and Guaynabo may have different price points. If you are renting first, expect to pay around $1,100 per month for a 1-bedroom apartment. When you are ready to buy, virtual staging can help you sell your current home faster and for a higher price.
More San Juan Resources
Selling Your Current Home? Stage It First
Sell your home faster before relocating to San Juan — AI virtual staging from $0.10/image
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