Average Yearly Salary In Puerto Rico A person working in Puerto Rico typically earns around 20 100 USD Salaries range from 5 090 USD lowest average to 89 900 USD highest average actual maximum salary is higher Salary Variance This is the average salary including housing transport and other benefits Salaries in Puerto Rico vary drastically between different careers
In 2023 the average salary increment for employees in Puerto Rico was approximately 4 Please note that this number represents an average across all job sectors By contrast the worldwide average salary increment for 2023 is 4 Historical Graph of Annual Salary Increments in Puerto Rico Puerto Rico Get a free salary comparison based on job title skills experience and education Accurate reliable salary and compensation comparisons for Puerto Rico
Average Yearly Salary In Puerto Rico
Average Yearly Salary In Puerto Rico
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A person working in Puerto Rico typically earns around 20 100 USD per year Salaries range from 5 090 USD lowest average to 89 900 USD highest average actual maximum salary is higher This is the average yearly salary including housing transport and other benefits Salaries vary drastically between different careers If Americans work an average of 1 801 hours per year at 37 5 hours a week then the average hourly salary in Puerto Rico is 12 58 What is a good salary in Puerto Rico Defining what constitutes a good salary in Puerto Rico depends on several factors such as cost of living job market and individual needs
Employment and wage levels but not over the year changes are also available for the 77 municipios in Puerto Rico with employment below 75 000 All 77 municipios had wages below the national average of 1 385 in the fourth quarter of 2022 See table 2 Juncos located on the eastern part of the island had the highest average weekly wage at 930 Puerto Rico s manufacturing sector generates 85 2 billion in annual sales Puerto Rico s average worker makes about 25 332 a year according to a study by the Census Information Center of the University of Puerto Rico in Cayey based on numbers from the US Census for 2017 The Center s Director Economist Jos Caraballo Cueto explained
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According to research the average annual salary for experienced professionals in Puerto Rico is 45 000 70 000 However top performing individuals with exceptional skills and experience can earn even higher salaries sometimes reaching 100 000 or more The average salary for jobs in Puerto Rico United States is 48 376 USD per year or an hourly rate of 23 USD
Puerto Rico was the Latin American country with the highest average monthly salary as of 2023 with a net value of around 1 700 U S dollars per month Average annual gross salary in Italy The average salary in Puerto Rico is lower than in many other US states This can be attributed to the cost of living and high unemployment rate on the island According to recent data the cost of living in Puerto Rico is relatively higher compared to other states making it challenging for residents to meet their financial needs
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Average Yearly Salary In Puerto Rico - The U S Census Bureau estimated Puerto Rico s population at 3 221 789 on July 1 2022 a decline of 2 0 from the 2020 Census on April 1 2020 The nation s median age increased by 0 2 years to 38 9 years between 2021 and 2022 according to Vintage 2022 Population Estimates released today