Matanzas, 04, Cuba
The City of Bridges, known for its Afro-Cuban cultural traditions, poetry, and pharmaceutical museum.
Below Average vs Cuba Avg (100)
Affordable
Household income
Job market health
Matanzas vs Cuba Average
Taxes
- Income Tax: 15.0%
- VAT: 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
Housing
- Median Home: CUP$850,000
- 1BR Rent: CUP$3000/mo
Cost of Living
Matanzas's cost of living index is 88 (Cuba average = 100).
| Category | Matanzas | National Average | Difference |
|---|---|---|---|
| Overall | 88 | 100 | -12.0% |
| Housing | 95 | 100 | -5.0% |
Data source: ONEI / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | CUP$850,000 |
| Median Rent (1BR) | CUP$3000/mo |
| Median Rent (2BR) | CUP$3,750/mo |
| Price per Sq Ft | CUP$566 |
Data source: Porlalibre / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Matanzas:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | CUP$30 | Based on ~200 kWh/month typical Cuban household usage |
| Heating & Cooling | N/A | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | CUP$24 | Estimated based on local climate and electricity rates |
| Water | CUP$15 | Includes sewer |
| Internet (100+ Mbps) | CUP$50 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | CUP$119 | Monthly estimate (including heating & cooling) |
Data sources: UNE, ETECSA 2025
Best Neighborhoods
Downtown Matanzas
The heart of the city with restaurants, shops, and entertainment. Average rent: CUP$3,600/mo.
Matanzas Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: CUP$3,300/mo.
East Matanzas
Up-and-coming neighborhood with new developments and young professionals. Average rent: CUP$2,700/mo.
West Matanzas
Family-friendly area with parks and good schools. Average rent: CUP$2,850/mo.
Remote Work Score
Matanzas scores —/100 for remote work readiness:
Climate
Matanzas has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 85°F | 65°F | 2.5" |
| April | 71°F | 80°F | 2.8" |
| July | 86°F | 61°F | 1.5" |
| October | 66°F | 83°F | 2.2" |
Taxes
- Income Tax: 15%
- VAT: 10%
- Property Tax: ~1.2% 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:
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 Matanzas, 04, 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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.