Skyline of Matanzas
Cost of Living: 88 160,000

Matanzas, Cuba

The City of Bridges, known for its Afro-Cuban cultural traditions, poetry, and pharmaceutical museum.

Updated August 30, 2026

Overview

Matanzas is a city in 04 with a population of 160,000. The City of Bridges, known for its Afro-Cuban cultural traditions, poetry, and pharmaceutical museum. Housing costs are close to the national average. The overall cost of living is below the national average. Gardening thrives here — the 7b growing zone supports Mild — wide variety of vegetables, many fruit trees.

Last updated: August 30, 2026

Cost of Living 88

Below Average vs Cuba Avg (100)

Housing Index 95

Affordable

Median Income CUP$40,000

Household income

Unemployment 4.0%

Job market health

Matanzas vs Cuba Average

Cost of Living
Matanzas: 88
Cuba Avg: 100
Housing Index
Matanzas: 95
Cuba Avg: 100
State Income Tax
Matanzas: 15%

Taxes

  • State Income Tax: 15.0%
  • Sales Tax: 10.0%

Economy & Jobs

  • Median Income: CUP$40,000
  • Unemployment: 4.0%
  • Population: 160,000

Climate

  • Sunny Days: 240/year
  • Summer High: 86°F
  • Winter Low: 65°F
  • Farming Zone: USDA Zone 7b

Housing

  • Median Home: CUP$850,000
  • 1BR Rent: CUP$3000/mo

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Cost of Living

Matanzas's cost of living index is 88 (Cuba average = 100).

CategoryMatanzasNational AverageDifference
Overall88100-12.0%
Housing95100-5.0%

Data source: ONEI / Numbeo, 2026

Housing Market

MetricValue
Median Home PriceCUP$850,000
Median Rent (1BR)CUP$3000/mo
Median Rent (2BR)CUP$3,750/mo
Price per Sq FtCUP$566

Data source: Porlalibre / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

CUP$
%
$90,000 down
%
%
CUP$

Utilities

Estimated monthly utility costs for a typical household in Matanzas:

UtilityEstimated Monthly CostNotes
ElectricityCUP$5
Heating & CoolingN/AEstimated based on local climate.
Cooling (AC)CUP$24Estimated based on local climate and electricity rates
WaterCUP$3Includes sewer
Internet (100+ Mbps)CUP$15Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total UtilitiesCUP$47Monthly estimate (including heating & cooling)

Data sources: UNE, ETECSA 2025

Remote Work Score

Matanzas scores —/100 for remote work readiness:

Cost of Living
88
Rent
CUP$3000
Sunny Days
240
Tax
15%
Unemployment
4.0%
Climate
86°F / 65°F
Safety
4.2 homicides/100k
Population
160,000
Internet Speed
5 Mbps

Climate

Matanzas has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January85°F65°F2.5"
April71°F80°F2.8"
July86°F61°F1.5"
October66°F83°F2.2"
USDA Zone 7b

Mild — wide variety of vegetables, many fruit trees

Natural Hazards

Matanzas faces the following natural hazards:

Hurricane Extreme Risk

Frequently affected by hurricanes.

Flood High Risk

Tropical storm and hurricane floods.

Heat Wave High Risk

Extreme summer heat.

Tsunami Moderate Risk

Caribbean island with tsunami risk.

Landslide Moderate Risk

Mountainous terrain with landslides.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 15%
  • Sales Tax: 10%
  • Property Tax: ~0.1% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 4.0%.

Crime & Safety

Crime rates in Matanzas per 100,000 residents:

30.0
Violent Crime
200.0
Property Crime
4.2
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

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 4:30 PM
Academic Year September to June
Term System Semester — Fall (Sep-Dec), Spring (Jan-Jun)
Summer Break June to September (13 weeks)
Winter Break December to January (2 weeks)
Spring Break Easter week (1 week)

National curriculum with centralized calendar.

Universities & Higher Education

1
Universities
#1938
Top University Rank

Data source: Center for World University Rankings (CWUR) & World Universities Database

Demographics

The population of Matanzas is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Black
9.3%
Mulatto/Mestizo
26.6%
White
64.1%

Education

Bachelor's degree or higher
25.0%
High school graduate
30.0%
Less than high school
30.0%
Some college
15.0%

Religion

Christian (Catholic)
60.0%
Folk/Afro-Cuban
12.0%
Other
5.0%
Unaffiliated
23.0%

City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.

Data source: ONEI Census (2012)

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 Matanzas, Cuba?

The cost of living index in Matanzas is 88, which is Lower the Cuba national average of 100.

How much does it cost to buy a home in Matanzas?

The median home price in Matanzas is CUP$850,000. The housing index is 95.

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

The average rent for a 1-bedroom apartment in Matanzas is approximately CUP$3000/mo.

Does Matanzas, 04 have income tax?

Matanzas is in 04, which has an income tax rate of 15%.

What is the climate like in Matanzas?

Matanzas enjoys approximately 240 sunny days per year. Summer highs reach around 86°F, while winter lows can drop to around 65°F.

Data Sources

  • Cost of Living: ONEI / Numbeo, 2026
  • Housing Data: Porlalibre / Numbeo, 2026
  • Income & Employment: ONEI Labour Force Survey, 2024
  • Utilities UNE, ETECSA 2025

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.