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Cost of Living in Havana

Is it better to rent or buy in Havana? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$41,843
$631/mo

Median in area: $631

$95,664

Median in area: $95,664

$19,133

If you Rent

🔑
$849 /mo
Base Rent$631
Est. Utilities$218
% of Income24.3%
Pre-tax Residual$2,638

If you Buy

🏠
$1,001 /mo
P&I (7.625%)$542
Taxes & Ins$241
Est. Utilities$218
% of Income28.7%
Pre-tax Residual$2,486

Cost of Living FAQs

Is it cheaper to rent or buy in Havana?›

Based on median housing data, renting is currently more affordable on a monthly basis in Havana. The estimated all-in monthly cost for renting is $849, while owning a median-priced home with a 20% down payment is roughly $1,001 per month (a difference of $152).

How much do utilities cost in Havana?›

The average monthly utility cost (electricity and natural gas) for a typical home in Havana is approximately $218. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Havana?›

To comfortably afford the median rent and utilities in Havana without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $33,960 per year.