This Island Is Unexpectedly The Most Affordable Caribbean Destination In 2023

This Island Is The Most Affordable Destination Of The Caribbean In 2023

Even though travel costs, especially airfares, are rising, some places are now cheaper than others.

According to a recent study by travel insurance provider Squaremouth, travelers worldwide are shelling out an average of more than $7,800 per trip. 

According to Squaremouth consumers, the average cost of travel this summer was the highest the company has ever recorded.

In particular, prices for travel abroad have risen by more than 25% compared with the previous year.

Several places in the Caribbean top the list of popular cheap travel destinations, including Puerto Rico, which is the cheapest place in the Caribbean, according to Squaremouth’s rankings. 

For Squaremouth users, the average cost of a trip to Puerto Rico was $3,907, which put it above trips to Bermuda, the Dominican Republic, and the Bahamas.

According to the company, the 11 cheapest destinations include Jamaica and Aruba.

What is the reason for the affordable prices in Puerto Rico? Although the cost of accommodations in Puerto Rico continues to rise, flight charges there are far lower as a US domestic destination.

Precisely for this reason, the island has once again achieved a great tourist performance this summer. Visitors are attracted by cheap flights, inexpensive holidays, and the lack of a passport requirement.

Squaremouth Analytics analyzed the sales of travel insurance policies for journeys booked before July 10 with departures between June 21 and September 23.

Puerto Rico Travel Cost

It’s crucial to be aware of all of your costs if you’re arranging a seven-day trip to Puerto Rico. To help you plan and set a budget for your trip, below is an overview of anticipated travel expenses:

CategoryAverage Cost Range
Food and Drink$350-$700

Accommodation Costs

Puerto Rico offers a wide variety of accommodations, ranging from cozy guesthouses to opulent resorts. Prices vary depending on the type of lodging and the time of year. Hostel rates generally range from $50 to $75 per night, while basic double rooms usually cost between $120 and $280 per night. You can also rent self-catering apartments.

Some of the most popular and affordable hotels in Puerto Rico can be booked for rates ranging from $29 to $112 per night. The Broke Backpacker estimates that accommodation costs in Puerto Rico can range from $24 to $200 per night. According to Rough Guides, Puerto Rico offers a wide range of lodging options, including small, family-run guesthouses and upscale resorts, though the selection of budget accommodations is somewhat limited. The cost of lodging will likely represent a significant portion of your Puerto Rico travel budget. The cost of your stay will be influenced by your preferences and travel style. Here are some approximate price ranges you can expect to pay (per night):

  • Hostel dorm bed: $20-$40
  • Budget hotel: $60-$100
  • Mid-range hotel: $100-$200
  • Luxury hotel: $200-$500+

Food and Drink Costs

  • Breakfast: $5-$15 per person
  • Lunch: $10-$20 per person
  • Dinner: $15-$40 per person
  • Local beer: $3-$6 per bottle/can
  • Cocktail: $8-$15 per drink

Areas to stay in Puerto Rico and Average Prices

Puerto Rico offers a variety of fantastic areas to stay in, catering to different preferences and budgets. Here are some popular areas and information about price ranges:

San Juan: The capital city of Puerto Rico, San Juan, offers a mix of historic charm and modern amenities. Old San Juan is known for its colorful colonial buildings and vibrant nightlife. Accommodation in this area can range from budget-friendly hostels to upscale hotels, with prices typically starting at $120 per night and going up from there.

Condado: Just east of Old San Juan, Condado is a trendy beachfront neighborhood known for its luxury hotels, upscale dining, and lively atmosphere. Hotel prices in Condado can range from $170 to $350 or more per night.

Isla Verde: Located near the airport, Isla Verde is another beachfront area with a range of hotels and resorts. Prices here can be similar to Condado, with mid-range options available as well.

Rincón: If you’re looking for a more laid-back and surfer-friendly atmosphere, Rincón on the West Coast is a great choice. You can find guesthouses and Airbnb rentals for around $130 to $250 per night.

Ponce: On the southern coast, Ponce offers a more authentic Puerto Rican experience. Accommodation here tends to be more budget-friendly, with hotel prices starting at around $100 per night.

Vieques and Culebra: These smaller islands off the coast of Puerto Rico are known for their stunning beaches and relaxed vibe. Prices for guesthouses, inns, and vacation rentals can vary but often start at $120 per night.

Aguadilla: Another great spot for surfers, Aguadilla, on the northwest coast, offers various accommodation options, with prices ranging from $100 to $220 per night.

Luquillo: If you’re interested in exploring El Yunque National Forest, Luquillo is a convenient base. Prices for lodges, apartments, and guesthouses can range from $100 to $180 per night.