I want to dedicate a little bit of time to talk about the Cuban Salary because it’s very complicated to understand. First of all, in Cuba, we have two currencies, the Cuban Pesos and the CUC.
The equivalent between the Cuban Peso and the CUC (Cuban Convertible Pesos) is: 25 Cuban Pesos = 1 CUC =0.87 USD.
Until 2 years ago, the Cuban Government would pay the Cuban people in the Cuban Pesos. In some stores you can use the Cuban Pesos, but in others, you have to use only the CUC. This was a big problem in Cuba, because people would get paid in Cuban Pesos and then have to exchange monies for CUC to buy things in the stores that only allowed CUC.
But now, you can go to the same stores and pay with Cuban Pesos. Why they just don’t use one currency, we don’t know.
So, I will give you an idea of what Cuban people make in their profession in a year....this could be a bit less or a bit more.
I will tell you now what the cost of living is in Cuba.
Previously, I mention the portion of food the government give us for the book. Most of these products are not enough so we have to buy extra ( if you can find it in the stores) Right now product like rice, laundry detergent, chicken, pork, soap, oil, café, cigarettes are almost impossible to find it anywhere.
I will give you a quick idea about prices in Cuba.
I don’t want to bore you and list every item, but this should give you a good idea.
Most of the clothing we buy it in the black market and I will give you details about what black market is but too. The close in the stores are not nice and pretty much the same price as on the black market.
I give you all this numbers because I’m trying to make a point. If you take a look at these numbers, for a decent meal, pay the electricity bill, water and phone bill which is monthly you will notice, not even the best salaries are enough, unless you eat extra super simple and what we call in Cuba the day to day, means you go to the store to buy one pound of rice and 1 pound of pork, you can’t buy 10 pounds or more because you can’t afford to buy more.
So how do we survive????
In the next blog, I will talk about the Black Market in Cuba. This will help to explain how we survive.
Thanks for following.