Cost of living and prices in Grenada, prices of food, rent, shopping, etc. 🇬🇩
Updated Jul 2023

Grenada is a stunning Caribbean city located in the southernmost part of the Windward Islands.

Its natural beauty, crystal-clear waters, lush greenery, and friendly locals make Grenada a fantastic place to live. Cost of Living in Grenada is relatively affordable compared to other Caribbean destinations. Affordable housing, readily available fresh produce, and low import taxes on items such as furniture and electronics make living expenses reasonable. Healthcare and education are also affordable in Grenada.

Grenada has seen significant infrastructure development over recent years, bringing the construction of luxurious hotels, casinos, and restaurants to the island, increasing employment opportunities. This has led to an increase in demand for housing and rental properties. Grenada's cost of living may not be the most competitive in the Caribbean, but its natural beauty, friendly community, and positive economic outlook make it a worthy place to live or work.

Cost of Living Estimate in Grenada

Total cost of living in Grenada for two person with average consumption for one month will be 371.41 USD, no rent price included. Click here to calculate cost-of-living estimate in Grenada

You can calculate cost of living in Grenada 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

Grenada is a Caribbean country that is known for its vibrant culture and fantastic food. With a mix of African, European, and Indian influences, there is a wealth of culinary options available for those visiting the island. Some must-try dishes include oil down, a national dish that includes breadfruit, salted meat, and vegetables cooked in coconut milk, and callaloo soup, a hearty soup made from dasheen leaves, okra, and various meats. Restaurants on the island range from casual beachfront eateries to fine dining establishments, with many offering outdoor dining areas to take advantage of the beautiful tropical weather. Visitors to Grenada will find a diverse range of eating options to suit all tastes and budgets.

Grenada is also home to a number of street food vendors and local markets, where travelers can sample the island's tasty bites while immersing themselves in the lively culture. Street food options include spicy chicken, fried fish, and hearty meat pies, while markets offer a wide range of fresh fruits and vegetables, spices, and prepared dishes. Those looking for a unique dining experience can also partake in a rum and food tasting tour, exploring local distilleries and learning about the island's rum-making history while sampling delicious dishes. Whether you prefer dining in a restaurant or trying out local street food, Grenada has something to offer for every foodie and traveler.

Meal in Inexpensive Restaurant
8.31 $
Meal for 2 People, Mid-range Restaurant, Three-course
61.00 $
McMeal at McDonalds or Alternative Combo Meal
9.69 $
Domestic Beer, 0.5 liter Draught
2.43 $
Imported Beer, 0.33 liter Bottle
3.64 $
2.43 $
Coca-Cola, 0.33 liter Bottle
2.12 $

Markets prices

Grenada is a beautiful Caribbean island known for its luscious beaches, rich history, and diverse culture. However, when it comes to market prices, it is important to note that they can vary greatly depending on the location and type of product or service being offered. With that being said, Grenada has a reputation for having high-quality goods and services, including fresh produce, local crafts, and unique souvenirs.

In addition to local products, visitors can also find a variety of international brands and luxury items on the island. While these products may come with a higher price tag, they are often worth their value due to their high quality and unique features. Overall, market prices in Grenada may be higher than in other Caribbean destinations, but visitors can expect to find a wide range of options when it comes to shopping and dining.

Water, 0.33 liter Bottle
1.31 $
Milk, Regular,1 liter
1.50 $
Loaf of Fresh White Bread, 0.5 kg
1.12 $
White Rice, 1 kg
1.48 $
Eggs, 12 pack
3.43 $
Local Cheese, 1 kg
14.14 $
Chicken Breasts, Boneless and Skinless, 1 kg
7.69 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
17.02 $
Apples, 1 kg
4.25 $
Banana, 1 kg
1.88 $
Oranges, 1 kg
2.12 $
Tomato, 1 kg
2.43 $
Potato, 1 kg
2.06 $
Onion, 1 kg
1.21 $
Lettuce, 1 head
0.75 $
Water, 1.5 liter Bottle
0.55 $
Bottle of Wine, Mid-Range Price
10.91 $
Domestic Beer, 0.5 liter Bottle
0.89 $
Imported Beer, 0.33 liter Bottle
1.82 $
Pack of Cigarettes
5.45 $

Transportation prices

Grenada is a small island country in the Caribbean that offers visitors a variety of transportation options to explore its amenities. One of the most popular modes of transportation is the taxi service, where visitors can hail a cab to take them to their desired location. These taxis are well-maintained and driven by experienced drivers who can offer visitors a wealth of information about local attractions and amenities. Another popular transportation option is the bus service, which is perhaps the most affordable way to get around the island. While the buses may be less comfortable than taxis, they offer visitors the chance to interact with locals and travel to unique destinations that are off the beaten path.

For those who prefer to explore the island on their own, Grenada offers car rental services that cater to the needs of visitors. These car rental services offer a range of vehicles, from compact cars to SUVs, which are ideal for navigating the island's rugged terrain. One of the benefits of renting a car is the freedom it offers visitors to explore at their own pace and not adhere to schedules. However, visitors are advised to be mindful of the island's narrow roads and to drive with caution. Regardless of the transportation option one chooses, Grenada offers visitors the opportunity to explore its natural beauty and cultural richness that is certain to leave an indelible mark on their memories.

One-way Ticket, Local Transport
1.70 $
Monthly Pass, Regular Price
57.52 $
Taxi Start, Normal Tariff
9.28 $
Taxi, price for 1 hour Waiting, Normal Tariff
23.01 $
Gasoline, 1 liter
1.54 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
21,194.28 $

Utilities Per Month prices

If you're traveling to Grenada, it's important to know that the cost of utilities can be quite high. This is due in part to the island's small size and the fact that most of the country's utilities must be imported. As a result, you may notice that your electricity, water, and gas bills are higher than what you're used to. However, many travelers find that the additional cost is worth it for the stunning views and pristine beaches that the island has to offer.

In addition to higher utility costs, you may also experience occasional outages on the island. This is normal for many Caribbean nations, as they often experience extreme weather conditions like hurricanes that can knock out power and water supplies. However, most hotels and resorts have backup generators or other systems in place to minimize the impact of these outages on guests. If you're planning a trip to Grenada, it's a good idea to check with your accommodations to see what they have in place in case of an emergency.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
153.40 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.18 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
44.53 $

Sports And Leisure prices

When it comes to sports and leisure activities, Grenada has it all. The island boasts numerous beaches where tourists can enjoy swimming, snorkeling, and scuba diving. The southwest coast of the island is especially popular for water sports, such as windsurfing and kiteboarding, thanks to the constant trade winds that blow in the area.

For those looking for a more laid-back activity, Grenada offers beautiful hiking trails that lead to stunning waterfalls, lush rainforests, and spellbinding mountain ranges. Nature lovers can explore the Grand Etang National Park and Forest Reserve, where they can spot numerous species of birds, orchids, and other tropical plants. Additionally, there are several golf courses on the island where visitors can enjoy a leisurely round or two with magnificent views of the Caribbean sea.

Fitness Club, Monthly Fee for 1 Adult
52.48 $
Tennis Court Rent, 1 Hour on Weekend
3.03 $

Salaries And Financing prices

If you are considering traveling to Grenada, it's worth noting that salaries can vary greatly depending on the industry and job. While the tourism industry is one of the largest employers in Grenada, salaries in this sector may not be as high as other industries such as finance or technology. It's always a good idea to do your research and negotiate your salary before accepting a job or starting a business in Grenada.

When it comes to financing, Grenada has a variety of institutions to meet your needs. Whether you are looking for a bank account, credit card, or loan, you have options. Some popular local banks include Grenada Co-Operative Bank, Republic Bank, and FirstCaribbean International Bank. There are also international banks with branches on the island, such as Scotiabank and Royal Bank of Canada. However, it's important to note that some banks may require additional documentation or a local reference to open an account.

Cinema ticket, 1 Seat
9.69 $
Average Monthly Net Salary, After Tax
1,283.43 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4 %

Childcare prices

Childcare prices in Grenada are generally affordable compared to other countries. Whether you opt for a public or private school, the cost of tuition is significantly lower than most places. Public schools in the country provide education for children between six and sixteen years, while private schools serve children ages three to eighteen years.

Kindergartens in Grenada provide an excellent foundation for early childhood education. They focus on helping kids develop their academic, social, and emotional skills. Most kindergartens offer programs between the ages of three and five years. These schools give parents the peace of mind that their children are getting high-quality care while fostering independence, learning, and development. Overall, the cost of childcare in Grenada is reasonable and makes early childhood education accessible to many families.

Private Preschool or Kindergarten, Monthly for 1 Child
126.77 $
International Primary School, Yearly for 1 Child
544.99 $

Clothing And Shoes prices

Grenada is a beautiful island known for its stunning beaches, rich culture, and vibrant markets. When it comes to clothing and shoes, there are many options to choose from. Visitors can find a wide range of styles, from traditional Grenadian wear to trendy international brands. From small local shops to larger department stores, there's something for everyone’s budget and style.

For those who are looking for a unique experience, the markets in Grenada are a great place to shop for clothing and shoes. You can find handmade products made by local artisans, and the prices are usually quite reasonable. The malls and shopping centers in Grenada also offer a range of international brands, making it easy to find the latest fashion trends. Whether you're looking for casual wear for the beach or something more formal for a night out, Grenada has something for everyone.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
98.91 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
36.33 $
Pair of Running Shoes, Mid-Range Price
76.70 $
Pair of Leather Business Shoes
84.78 $

Rent Per Month prices

If you're looking for short rent and stay options in Grenada, rest assured that there are plenty of great choices to suit your needs. There are various types of accommodations available, ranging from budget-friendly options to more luxurious alternatives. Whether you're looking for a simple hostel room or a fully-furnished apartment, you'll be able to find something that fits your preferences and budget in Grenada.

The prices for short rent and stay options in Grenada can vary depending on the type of accommodation you choose, the location, and the length of your stay. However, you can expect a range of prices to fit most budgets. Whether you're looking to save money or splurge a little, there are plenty of options available for you to choose from. No matter what you're looking for, Grenada offers a variety of affordable and comfortable accommodations for those who need a short-term place to stay.

One bedroom apartment in city centre
585.36 $
One bedroom apartment outside of city centre
464.25 $
Three bedroom apartment in city centre
888.14 $
Three bedroom apartment outside of city centre
686.29 $