Skyline of El Progreso
Cost of Living: 88 180,000

El Progreso, YO, Honduras

An agricultural city in the Sula Valley, known for its banana and palm oil production.

Updated July 19, 2026
Cost of Living 88

Below Average vs Honduras Avg (100)

Housing Index 95

Affordable

Median Income L160,000

Household income

Unemployment 8.0%

Job market health

El Progreso vs Honduras Average

Cost of Living
El Progreso: 88
Honduras Avg: 100
Housing Index
El Progreso: 95
Honduras Avg: 100
Income Tax
El Progreso: 25%

Taxes

  • Income Tax: 25.0%
  • VAT: 15.0%

Economy & Jobs

  • Median Income: L160,000
  • Unemployment: 8.0%
  • Population: 180,000

Climate

  • Sunny Days: 220/year
  • Summer High: 90°F
  • Winter Low: 68°F

Housing

  • Median Home: L1,400,000
  • 1BR Rent: L7000/mo

Cost of Living

El Progreso's cost of living index is 88 (Honduras average = 100).

CategoryEl ProgresoNational AverageDifference
Overall88100-12.0%
Housing95100-5.0%

Data source: INE Honduras / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceL1,400,000
Median Rent (1BR)L7000/mo
Median Rent (2BR)L8,750/mo
Price per Sq FtL933

Data source: Encuentra24 / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

L
%
$90,000 down
%
%
L

Utilities

Estimated monthly utility costs for a typical household in El Progreso:

UtilityEstimated Monthly CostNotes
ElectricityL500Based on ~200 kWh/month typical Honduran household usage
Heating & CoolingN/AEstimated based on local climate. electric or gas heating
Cooling (AC)L512Estimated based on local climate and electricity rates
WaterL200Includes sewer
Internet (100+ Mbps)L500Broadband average
Garbage / TrashL150Private service
Total UtilitiesL1862Monthly estimate (including heating & cooling)

Data sources: CNE, ENEE, Hondutel 2025

Best Neighborhoods

Downtown El Progreso

The heart of the city with restaurants, shops, and entertainment. Average rent: L8,400/mo.

El Progreso Heights

Trendy area with local businesses and a mix of historic and modern housing. Average rent: L7,700/mo.

East El Progreso

Up-and-coming neighborhood with new developments and young professionals. Average rent: L6,300/mo.

West El Progreso

Family-friendly area with parks and good schools. Average rent: L6,650/mo.

Remote Work Score

El Progreso scores —/100 for remote work readiness:

Cost of Living
88
Rent
L7000
Sunny Days
220
Tax
25%
Unemployment
8.0%
Climate
90°F / 68°F

Climate

El Progreso has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January88°F68°F2.5"
April75°F83°F2.8"
July90°F65°F1.5"
October70°F86°F2.2"

Taxes

  • Income Tax: 25%
  • VAT: 15%
  • Property Tax: ~1.2% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 8.0%.

Crime & Safety

Crime rates in El Progreso per 100,000 residents:

150.0
Violent Crime
250.0
Property Crime
31.1
Homicide

City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.

Data source: UN Office on Drugs and Crime

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

What is the cost of living in El Progreso, YO, Honduras?

The cost of living index in El Progreso is 88, which is Lower the Honduras national average of 100.

How much does it cost to buy a home in El Progreso?

The median home price in El Progreso is L1,400,000. The housing index is 95.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in El Progreso is approximately L7000/mo.

Does El Progreso, YO have income tax?

El Progreso is in YO, which has an income tax rate of 25%.

What is the climate like in El Progreso?

El Progreso enjoys approximately 220 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 68°F.

Data Sources

  • Cost of Living: INE Honduras / Numbeo, 2026
  • Housing Data: Encuentra24 / Numbeo, 2026
  • Income & Employment: INE Honduras Labour Force Survey, 2024
  • Utilities CNE, ENEE, Hondutel 2025

Data last updated: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.