In this episode, we look at how expensive life is in Cuba, Havana. Based on numbers and statistics from Havana. Cuba is one of the most difficult videos we made. Mainly because Cuba has a slightly different economy than the rest of the world and prices vary from day to day. Legal rules change quickly and regularly. The prices quoted by Cost of Living are mainly collected by tourists and some locals, so prices can differ greatly from what you will find in Cuba, but also because they are based on averages. The CUP (or Cuban Peso) can also vary greatly in value. Officially the value of the Cuban peso is stated at 24 CUP per dollar, while the Cuban banks (also officially) pay you about 120 Cuban pesos per dollar, while residents (although not completely legal) offer up to 280 Cuban pesos per $1. So, also depending on the price you paid for the local currency, the prices can differ greatly. At the end of the video, we also tell you how far $1000 will get you.

Cost of Living, traveled to Cuba at the end of 2023 and what we paid for some products was a lot more than the average prices stated in this video. A bottle of off-brand Coke cost up to $6 and water cost more than $8 per gallon (a bit over 3 liters) at touristic sites. The prices will also vary greatly depending on the region you stay in and whether they will treat you like a rich tourist or, as the locals say, Gringo.

We take a look at rental prices, public transport, utilities, fashion and entertainment and give you a brief description of the infrastructure, statistics and the economic situation of the country, all in one compact video.

Chapters
00:00 1. Introduction to COL (Cost of Living)
01:04 2. Introduction to Havana, Cuba
01:20 3. Cost of Renting in Havana, Cuba
01:39 4. Cost of Utilities in Havana, Cuba
02:00 5. Cost of Transport in Havana, Cuba
02:25 6. Cost of Groceries in Havana, Cuba
03:41 7. Help Us Out
04:17 8. Cost of Fashion in Havana, Cuba
04:41 9. Cost of Entertainment in Havana, Cuba
05:09 10. Cost of Dining in Havana, Cuba
05:48 11. Facts of Cuba
07:14 12. End Credentials

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Cost of Living videos are primarily, but not exclusively, for educational purposes. Content may be shared and used for similar purposes. It's only fair to mention us and/or use the hashtag #costofliving.

Scientific and statistical resources for educational purposes include - but not exclusively - information from Numbeo, Wikipedia (and its sources and contributors), country specific statistical, educational and informational sites but are not the only sole source.

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