Thursday 30 November 2023

Cost of living in Costa Rica continues to drop!

Year-on-year inflation stood at 8.99%

Paying the bills


Costa Rica loses its young people to violent deaths in homicides, traffic accidents and suicides

QCOSTARICA -- Costa Rica is currently facing a harsh...

Costa Rican Judge Nancy Hernández Appointed New President of the Inter-American Court

QCOSTARICA -- Starting next year and for a period...

Cruise-type airship balloons to increase tourism in Costa Rica?

QCOSTARICA -- In an effort to revolutionize the aviation...

Who is Leonard Bernstein’s wife, Costa Rica’s Felicia Montealegre?

QCOSTARICA (Daily Mail) American actor and filmmaker. Bradley Cooper...

Booming Migrant Charter Flights to Nicaragua Prompt US Crackdown

Q24N (VOA) Cuban and Haitian migrants are increasingly taking...

Nicaragua’s Miss Universe Title Win Exposes Deep Political Divide

Q24N (VOA) Nicaragua's increasingly isolated and repressive government thought...

Dollar Exchange

¢528.37 BUY

¢533.34 SELL

29 November 2023 - At The Banks - Source: BCCR

Paying the bills


QCOSTARICA – The cost of living in Costa Rica registered a new decrease, with year-on-year inflation going from 10.37% in September to 8.99% in October, according to the Consumer Price Index (CPI) – Índice de Precios al Consumidor – published by the Instituto Nacional de Estadística y Censo (INEC) – National Institute of Statistics and Census.

The 8.99% inflation rate is the lowest figure since May.

- Advertisement -

The monthly inflation for October was -0.76% and the accumulated inflation, from January to October of this year, was positioned at 7.58%. Three out of ten goods and services fell in price in the country.

Nelson Castillo, Coordinator of the INEC Price Index Unit, explained the drop in the inflation figures is a result of the impact of the fall in the price of fuels, electricity and mobile telephony.  At the other extreme, potatoes, residential rents, and water supply were the ones that pushed the index up the most.

Castillo also detailed the food and goods that increased in price according to the CPI. Of the 289 goods and services evaluated, 29% decreased in price, 60% increased and 11% did not show any variation.


- Advertisement -
Paying the bills
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Who is Leonard Bernstein’s wife, Costa Rica’s Felicia Montealegre?

QCOSTARICA (Daily Mail) American actor and filmmaker. Bradley Cooper caused plenty...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: