Average Buyers and Purchasing Agents Salary in Puerto Rico
In Puerto Rico, Buyers and Purchasing Agents earn an average annual salary of $34,700. This figure is significantly lower than the national average of $80,070, reflecting regional economic factors and market dynamics specific to the island. The local compensation reflects the unique economic landscape and cost of living within Puerto Rico.
Executive Summary
- Average Salary: $34,700 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,680.
- Outlook: With a local workforce of 4,970 individuals in this role, Puerto Rico demonstrates a notable concentration of Buyers and Purchasing Agents, as indicated by a Location Quotient of 1.68. This suggests a demand for these professionals that is 68% higher than the national average, implying a robust and active job market for procurement specialists on the island.
Salary Overview
The average Buyers and Purchasing Agents in Puerto Rico earns-56.7%below the national average.
$16.7
$667
$2,892
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in Puerto Rico have experienced growth over the past four years, mirroring general economic trends and inflation. This potential upward trajectory indicates a developing market where compensation may be gradually aligning with increasing responsibilities and market demands.
Buyers and Purchasing Agents Salary Distribution in Puerto Rico
Career progression for Buyers and Purchasing Agents in Puerto Rico typically involves a salary increase from entry-level to senior positions. While specific percentile data is unavailable, the expected salary range widens considerably with experience, signifying clear opportunities for advancement and higher earning potential as professionals gain expertise and take on more complex procurement responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $20,640 | $9.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $26,025 | $12.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $28,070 | $13.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $43,375 | $20.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,680 | $28.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$34,700
Gross Pay
Real Wage (Purchasing Power)
$36,526
Adjusted for COL (95)
The nominal average salary of $34,700 in Puerto Rico should be viewed in conjunction with its Cost of Living Index of 95. This index, slightly below the national average of 100, suggests that while the salary is lower, the cost of essential goods and services may also be more affordable, potentially offsetting some of the difference in nominal income.
Job Market Context
4,970
Total Jobs
5.293
Per 1K Jobs
1.68
Location Quotient
Puerto Rico has 1.7x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.68 for Buyers and Purchasing Agents in Puerto Rico indicates a market that is significantly more concentrated than the national average. This suggests that the demand for these professionals is relatively high compared to the overall employment landscape, making it a potentially favorable environment for job seekers in this field.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Ponce, PR Buyers and Purchasing Agents Salary | $40,870↑ 18% | 15 mi |
| Arecibo, PR Buyers and Purchasing Agents Salary | $38,230↑ 10% | 19 mi |
| Mayaguez, PR Buyers and Purchasing Agents Salary | $34,590↓ 0% | 33 mi |
| San Juan-Bayamon-Caguas, PR Buyers and Purchasing Agents Salary | $34,130↓ 2% | 37 mi |
Comparing salaries near Puerto Rico
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Puerto Rico?
The median annual salary for a Buyers and Purchasing Agents in Puerto Rico is $34,700. This typically ranges from $20,640 for entry-level positions to $59,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Puerto Rico is 56.7% lower than the national median of $80,070.
Is Puerto Rico a lucrative place for Buyers and Purchasing Agents?
No, not in terms of nominal salary compared to the national average.While the cost of living is slightly lower, the average salary of $34,700 is substantially less than the national average of $80,070. The high concentration (LQ of 1.68) suggests strong local demand, but not necessarily high compensation.
Is Puerto Rico a good place to live for Buyers and Purchasing Agents?
With a Cost of Living Index of 95 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Puerto Rico?
Some top paying nearby cities include Ponce, PR ($40,870) and Arecibo, PR.
What is the average salary for Buyers and Purchasing Agents in Puerto Rico?
The average annual salary for Buyers and Purchasing Agents in Puerto Rico is $34,700.
How does the Puerto Rico salary compare to the national average?
The average salary in Puerto Rico ($34,700) is significantly lower than the national average of $80,070.
Is the job market for Buyers and Purchasing Agents strong in Puerto Rico?
Yes, the Location Quotient of 1.68 indicates a higher concentration of these jobs compared to the national average, suggesting strong local demand.
How does the cost of living in Puerto Rico affect the salary?
With a Cost of Living Index of 95 (below the national average of 100), the lower nominal salary may offer a comparable or slightly better purchasing power locally than the raw numbers suggest.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,970 employees in the Puerto Rico area with a job density of 5.293 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Puerto Rico