Living Wage Family in Costa Rica remained unchanged at 331800 CRC/Month in 2018 from 331800 CRC/Month in 2018.

Living Wage Family in Costa Rica is expected to reach 375500.00 CRC/Month by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Living Wage Family is projected to trend around 395500.00 CRC/Month in 2021, according to our econometric models.

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Costa Rica Living Wage Family

Actual Previous Highest Lowest Dates Unit Frequency
331800.00 331800.00 331800.00 331800.00 2018 - 2018 CRC/Month yearly

Costa Rica Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.50 12.40 12.50 8.30 percent [+]
Unemployed Persons 314153.00 309465.00 314153.00 38708.00 [+]
Minimum Wages 5376.28 5376.28 5376.28 7.53 points [+]
Population 5.06 5.00 5.06 1.33 Million [+]
Wages 678549.00 675625.00 792836.00 357554.00 CRC/Month [+]
Labor Force Participation Rate 63.40 62.90 63.70 56.80 percent [+]
Employed Persons 2208175.00 2182818.00 2208175.00 1765039.00 [+]
Employment Rate 55.50 55.10 57.79 51.16 percent [+]


Costa Rica Living Wage Family
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. Living Wage for a typical family refers to the family composition most common in the country at stake, calculated on the respective fertility rates.