The economy of the Dominican Republic is the largest in Central America and the Caribbean. It is a upper middle-income developing country.
Santo Domingo, is the capital and largest city in the Dominican Republic. Santo Domingo is the center of economic activity in the Dominican Republic. Many national and international firms have their headquarters or regional offices in the city. The city attracts many international firms and franchises due to its geographic location, stability and vibrant economy.
Santo Domingo has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.
The latest cost of living rank for each of the 13 Basket Groups is now available.