Cost of living and prices in Barbados, prices of food, rent, shopping, etc. 🇧🇧
Updated Jul 2023

Barbados is a beautiful island nation located in the Caribbean, known for its pristine beaches, warm climate and friendly locals. If you're considering moving to Barbados, it's important to understand the cost of living to make sure it's a feasible option for you.

While the cost of living in Barbados may be higher than some other Caribbean countries, it's still much more affordable than many popular destinations in Europe and North America. The cost of housing, groceries and utilities can vary depending on where you choose to live on the island, but overall, Barbados can be an affordable place to call home.

If you're interested in living in Barbados, it's a good idea to research the specific costs associated with your lifestyle to determine if it's right for you. Keep in mind that Barbados offers a unique cultural experience that's hard to find anywhere else in the world, making it a great option for those who want to explore life outside of their home country.

Cost of Living Estimate in Barbados

Total cost of living in Barbados for two person with average consumption for one month will be 1450.39 USD, no rent price included. Click here to calculate cost-of-living estimate in Barbados

You can calculate cost of living in Barbados by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Barbados, known for its beautiful beaches and vibrant culture, is also a hotspot for foodies. The island boasts a plethora of restaurants and eating options that cater to all tastes and budgets. Visitors can enjoy a range of local specialties such as flying fish and cou-cou or indulge in international cuisine like Italian, Chinese or Indian. Many restaurants offer outdoor seating with stunning views of the ocean, making for a romantic or relaxing dining experience. With new restaurants popping up every year, tourists can always find something new and exciting to try during their stay in Barbados.

In addition to traditional sit-down restaurants, Barbados also offers a unique culinary experience through its many food markets. Local farmers markets like Cheapside and Holder's Market offer visitors the opportunity to sample fresh produce, baked goods, and local specialties in an informal setting. For a more upscale food market experience, visitors can check out the gourmet food hall at Limegrove Lifestyle Centre. Here, they can indulge in artisanal cheeses, cured meats, and charcuterie, while also enjoying live music and a buzzing atmosphere. Whether you choose to dine at a fancy restaurant or sample street food from a market vendor, Barbados offers something for everyone's palate and budget.

Meal in Inexpensive Restaurant
10.40 $
Meal for 2 People, Mid-range Restaurant, Three-course
69.32 $
McMeal at McDonalds or Alternative Combo Meal
7.43 $
Domestic Beer, 0.5 liter Draught
1.24 $
Imported Beer, 0.33 liter Bottle
3.22 $
Cappuccino
3.56 $
Coca-Cola, 0.33 liter Bottle
1.42 $

Markets prices

Barbados is a beautiful island in the Caribbean Sea known for its crystal-clear beaches and rich cultural heritage. When it comes to the market prices in Barbados, it is safe to say that they are influenced by a range of factors such as the local economy, supply and demand, and competition. The island's tourism sector plays a significant role in shaping its market prices, with many goods and services catering to the needs of tourists. As such, prices for certain items may be higher in areas frequented by visitors as compared to local markets. However, with a little bargaining, one can still find some great deals!

It is worth noting that due to Barbados' import-based economy, some items may be more expensive than in other parts of the world. This is particularly true for commodities like electronics, which incur import taxes and duties. However, the island is also home to a thriving agricultural sector, which produces a variety of fresh fruits and vegetables. As a result, prices for locally grown produce may be relatively affordable when compared to other goods. Ultimately, the market prices in Barbados are determined by various factors and can vary greatly depending on the item in question and where you choose to purchase it.

Water, 0.33 liter Bottle
1.13 $
Milk, Regular,1 liter
3.30 $
Loaf of Fresh White Bread, 0.5 kg
2.72 $
White Rice, 1 kg
3.06 $
Eggs, 12 pack
4.21 $
Local Cheese, 1 kg
4.62 $
Chicken Breasts, Boneless and Skinless, 1 kg
8.42 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
8.17 $
Apples, 1 kg
3.22 $
Banana, 1 kg
2.08 $
Oranges, 1 kg
2.60 $
Tomato, 1 kg
3.16 $
Potato, 1 kg
1.86 $
Onion, 1 kg
1.73 $
Lettuce, 1 head
2.04 $
Water, 1.5 liter Bottle
1.24 $
Bottle of Wine, Mid-Range Price
11.88 $
Domestic Beer, 0.5 liter Bottle
1.49 $
Imported Beer, 0.33 liter Bottle
2.35 $
Pack of Cigarettes
8.91 $

Transportation prices

When it comes to transportation options in Barbados, visitors have a variety of choices to explore and experience. One popular option is to rent a car and explore the island on your own, stopping at various attractions and memorable sites along the way. You'll need to obtain a local driver's license to do so, but the process is simple and easy to navigate, and driving on the left side of the road throughout the island is an adventure in itself. Other choices include hiring a taxi, which provides a stress-free and comfortable way to get around the island with the added advantage of having a knowledgeable local driver on hand to guide you. For those who prefer a more leisurely pace, consider taking a scenic bus ride through towns and interior sites. Buses are clean, on-time, and inexpensive, making them a great choice for travelers on a budget.

Another unique transportation option in Barbados is the island's network of ZR vans, which operate as mini-buses to transport passengers around the island. The vans are an excellent way to get a firsthand experience of local culture, as you'll be traveling alongside local residents and mingling with them. Be prepared for loud music and the occasional cramped seating, but the experience is one that many visitors adore. Finally, if you're staying at an all-inclusive resort, arrange for a shuttle bus or taxi to transport you to and from the airport, as most hotels offer this service as part of their package.

One-way Ticket, Local Transport
1.73 $
Monthly Pass, Regular Price
84.18 $
Taxi Start, Normal Tariff
8.91 $
Taxi, price for 1 km, Normal Tariff
1.86 $
Taxi, price for 1 hour Waiting, Normal Tariff
24.76 $
Gasoline, 1 liter
1.86 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
33,423.89 $

Utilities Per Month prices

Utilities cost in Barbados can be higher than expected for travelers, especially when it comes to electricity and water. This is due to the country's reliance on imported fossil fuels to generate power, which drives up the cost. Visitors should be mindful of conserving energy and water during their stay to help keep costs down and reduce their environmental impact.

On a positive note, Barbados has a well-developed telecommunications infrastructure that makes access to internet, phone, and cable TV services relatively affordable. However, it's worth noting that some hotels and vacation rentals may charge extra fees for these amenities, so travelers should inquire about these details before booking their stay.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
113.89 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.32 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
68.62 $

Sports And Leisure prices

Barbados is a haven for sports enthusiasts and leisure mavens. Whether you're an avid golfer or simply want to unwind on the beach, there's something for everyone. The island is home to several championship golf courses, including the prestigious Sandy Lane Golf Club, and avid golfers can indulge in a round or two while soaking in picturesque views of the Caribbean Sea. Watersports enthusiasts can also get their fill, as the island is known for its beautiful turquoise waters, making it an ideal destination for surfing, windsurfing, and kitesurfing. If you're looking for a more leisurely activity, consider taking a leisurely catamaran cruise where you can soak in the sun and indulge in some snorkeling and swimming.

For those looking for a little adventure on dry land, Barbados offers several opportunities to explore its rich culture and natural beauty. Take a hike through the lush tropical forests of the island, or a thrilling horseback ride along one of Barbados' pristine beaches. History buffs can explore Bridgetown, the capital of Barbados, and learn about the island's rich colonial past with a visit to the historic Garrison area. No matter your interests, Barbados offers a wide range of activities that are sure to keep you entertained during your stay.

Fitness Club, Monthly Fee for 1 Adult
85.83 $

Salaries And Financing prices

Salaries in Barbados vary greatly depending on the industry and level of education. The average salary for professionals in finance, law, and healthcare is higher than those in industries such as hospitality and retail. Additionally, living expenses in Barbados can be relatively high, especially in popular tourist areas. It is important for travelers to do their research and budget accordingly to ensure a comfortable stay in this beautiful island nation.

Financing in Barbados is heavily influenced by the government and their policies. Although the country has a high standard of living and accessible financial services, getting a loan or opening a bank account as a foreigner can be challenging. It is recommended for travelers to bring a mix of cash and credit cards and to notify their banks beforehand to avoid any issues while traveling. Overall, Barbados offers a unique financial landscape that is worth exploring for those interested in finance and economics.

Cinema ticket, 1 Seat
8.91 $
Average Monthly Net Salary, After Tax
1,435.99 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4 %

Childcare prices

Childcare prices in Barbados can vary greatly depending on the type of childcare facility you choose. In general, schools and kindergartens tend to be on the higher end of the pricing spectrum due to their structured educational programs and experienced staff. These types of facilities may also offer additional services such as transportation and extended hours, which can contribute to higher pricing. However, they do provide a structured learning environment for children as well as opportunities for socialization and development.

On the other hand, there are also more affordable options for childcare in Barbados, such as home-based daycare centers or family-run creches. These types of facilities may not always offer the same level of structured education or staff qualifications, but they can be a great option for families on a budget. It is important to note that regardless of the type of childcare facility you choose, the well-being and safety of your child should always be the top priority.

Private Preschool or Kindergarten, Monthly for 1 Child
188.16 $
International Primary School, Yearly for 1 Child
3,218.60 $

Clothing And Shoes prices

Barbados may be a small island, but it certainly offers a diverse range of clothing and shoes for those looking to update their wardrobe or add to their collection. From luxury boutiques to local street markets, there are endless options to explore. High-end designer brands can be found in malls and shopping centers, while markets and smaller shops offer a more affordable option for those on a budget. Whether you're looking for swimwear, formal attire, or casual wear, you're sure to find something you love in Barbados.

When it comes to purchasing footwear in Barbados, the options are just as abundant. Whether you're after a trendy pair of sandals, comfortable running shoes, or stylish boots, you'll be sure to find what you're looking for. There are designer shoe shops and department stores that offer an extensive selection of shoes and sandals. Alternatively, you can head to local markets, where you'll find a range of affordable shoes and sandals, as well as handmade options unique to the island. Whatever your preference, you're sure to find the perfect pair of shoes to suit your style and budget in Barbados.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
69.32 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
51.17 $
Pair of Running Shoes, Mid-Range Price
96.56 $
Pair of Leather Business Shoes
99.03 $

Rent Per Month prices

Barbados is a popular destination for those looking for short-term rental options and stays. From luxurious beachfront villas to budget-friendly apartments, there is something for everyone's taste and budget. With its warm climate, crystal-clear waters, and sandy beaches, Barbados is a perfect place for a short stay or vacation. Visitors can choose from various accommodations options that will cater to their needs and make their stay enjoyable.

Short stays and rentals in Barbados offer a range of amenity options, including shared or private pools, beach access, housekeeping services, and recreational activities such as golf courses and tennis courts. Many rentals come equipped with a kitchen, making it convenient for visitors to cook meals and save money on food. The prices of short stays and rentals vary depending on the location, size, and amenities. However, Barbados offers affordable accommodation choices, making it an excellent option for those looking for a budget-friendly vacation.

One bedroom apartment in city centre
990.34 $
One bedroom apartment outside of city centre
1,023.35 $
Three bedroom apartment in city centre
1,898.15 $
Three bedroom apartment outside of city centre
1,749.59 $

Buy Apartment prices

For those looking to invest in Barbados real estate, there are a variety of options available. From luxurious beachfront villas to cozy townhouses, there is something for every budget and preference. Buyers can choose from new developments or opt for well-established properties, with many offering stunning views of the island's pristine beaches or lush tropical greenery. The real estate market in Barbados is booming, making it an ideal time to invest in a property in this idyllic Caribbean island.

While prices vary depending on location and type of property, Barbados is known for its high-end real estate offerings. Buyers can expect to find a range of amenities and features in their chosen property, from private pools and gardens to open-plan living spaces and modern conveniences. With a stable government and favorable tax policies, Barbados is becoming an increasingly popular choice for international investors looking for a prime location to own a piece of paradise. Whether you're looking for a vacation home or a permanent residence, Barbados offers a wealth of real estate buying options to suit any lifestyle.

Price per m2 to Buy Apartment in City Center
3,218.60 $
Price per m2 to Buy Apartment Outside of City Center
2,745.78 $