Cost of living and prices in Guyana, prices of food, rent, shopping, etc 🇬🇳 Updated Jul 2023
Guyana is a beautiful country located in Western Africa, bordered by Ivory Coast, Guinea-Bissau, Liberia, Mali, and Senegal. With a land area of 245,857 square kilometres, Guyana is the perfect destination for those seeking adventure and exploration. The country boasts of a population of 10,324,025, with a population density of 41.99 people per square kilometre. As a developing nation, Guyana has an average cost of living when compared to other countries in the region. The official languages of Guyana are French and Fula, and the country's gross domestic product (GDP) is $6,544,000,000. The GDP per capita in Guyana is $634, and the currency used is the Guinean franc. For travellers seeking to explore Guyana's natural beauty and experience its cultural heritage, the country offers a unique opportunity to see some of the best sights in Africa. Guyana's beautiful landscapes, diverse wildlife, and rich cultural heritage make it a popular destination for tourists. Visitors to the country can explore the lush rainforests, historic landmarks, and stunning coastlines. They can also indulge in traditional cuisine or take part in cultural events such as music festivals and art exhibitions. Guyana's strategic location also makes it an ideal starting point for exploring neighbouring countries in the region. With so much to offer, Guyana is the perfect holiday destination for anyone looking for adventure, culture, and natural beauty.
Cost of Living Estimate in Guyana
You can calculate cost of living in Guyana by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Guyana is a melting pot of different cultures and this diversity is reflected in its cuisine. There are plenty of restaurants and eating options available in Guyana, ranging from street food vendors to high-end restaurants. Georgetown, the capital city, is home to a variety of dining experiences including Chinese, Indian, Creole, and international cuisine. Visitors to Guyana should try local dishes such as pepperpot, a spicy meat stew, or cook-up rice, a flavorful one-pot rice dish. Seafood is also popular and widely available, with fresh catch ranging from shrimp and crab to barracuda and snapper.
Aside from traditional restaurants, the country also offers unique dining experiences such as dining in a jungle setting with an assortment of local dishes. Visitors can also enjoy casual dining at food trucks or street vendors, offering quick and affordable options for meals on the go. Many restaurants utilize locally sourced ingredients, providing a connection with the country's natural resources. Whether you are looking for fine dining or a quick and affordable meal, the restaurants and eating options in Guyana cater to all tastes and budgets.
Market prices in Guyana can vary greatly depending on the product and location. In urban areas, prices may be higher due to greater demand and increased access to imported goods. In contrast, prices in rural areas may be lower due to the limited availability of certain products. Additionally, prices can fluctuate based on seasonal changes and local economic conditions. Ultimately, market prices in Guyana are influenced by a complex set of factors that are constantly shifting.
When it comes to agricultural products, market prices in Guyana can be affected by production levels and weather patterns. For example, if there is a shortage of a particular crop due to poor growing conditions, prices for that product may rise. On the other hand, if there is an abundance of a crop, prices may fall due to oversupply. It's important to remember that market prices are determined by supply and demand, and as such, they can change rapidly in response to changing circumstances. Understanding market trends and projections can be a helpful tool for making informed decisions when buying or selling goods in Guyana.
One unique transportation option in Guyana is the use of "bush taxis". These are shared vehicles, typically vans or minibuses, that operate on fixed routes throughout the country. While they may not be the most comfortable option, they offer a budget-friendly way to get around and a chance to meet locals. Bush taxis can be found at main bus terminals or by flagging them down on the street.
If you're looking for a more scenic way to travel, consider taking a riverboat. Guyana has a vast network of rivers and waterways, and many remote communities are only accessible by boat. Riverboats range from small, wooden canoes to larger, diesel-powered vessels with cabins and amenities. Traveling by riverboat can be a wonderful experience, providing a glimpse into local life and a chance to see wildlife along the way. However, be prepared for slower travel times and potential discomfort if you opt for a smaller boat.
Utilities Per Month prices
If you're traveling to Guyana, it's important to understand the country's utility costs. Electricity in Guyana can be expensive, especially if you are traveling to remote areas where electricity may be generated via expensive diesel generators. However, there are some areas where you can find affordable and reliable electricity.
Water is another utility cost to consider when traveling to Guyana. The country is known for its rainforest, but this does not necessarily mean that water is readily available. In fact, parts of the country have experienced severe droughts in recent years. To avoid having to pay for expensive bottled water during your trip, it may be helpful to research areas where access to clean tap water is reliable.
Sports And Leisure prices
Guyana, a country located in the northeastern corner of South America, is infamous for its love for sports. The most popular sport in the country is cricket, with many local and international matches being held throughout the year. Other popular sports include soccer, basketball, volleyball, and track and field. Visitors to Guyana can catch a game or even participate in these sports by joining local teams. Additionally, with its vast tropical rainforests, rivers, and savannas, Guyana offers a wide range of outdoor activities for those who love leisure activities such as birdwatching, camping, hiking, and fishing.
If you are looking to relax and unwind during your trip to Guyana, you will be spoilt for choice with its leisure options. The country boasts numerous beaches along its coastline, and the most popular ones are Shell Beach and Bartica Beach. Guyana also has several national parks and reserves, including the Kaieteur National Park, where you can take a scenic flight over the world-famous Kaieteur Falls. The gentle waters of the Essequibo River, which is one of the world's largest rivers, offers a tranquil setting for swimming, kayaking, or canoeing. If you are a music lover, you can also explore the local music scene, which features a diverse range of genres, including calypso, reggae, and jazz.
Salaries And Financing prices
Salaries and financing in Guyana are generally lower compared to other countries in the region. However, the cost of living in Guyana is also relatively lower, which makes it a great destination for budget travelers. Visitors should keep in mind that while prices may be lower in Guyana, it may also reflect in the quality of goods and services. It is advisable to research prices and services before making any transactions to get the best value for your money.
While the economy of Guyana is driven by agriculture, mining, and tourism, the country is still considered a developing nation. This means that access to financing may be limited compared to more developed countries. Visitors should carry sufficient cash or credit cards to cover their expenses during their stay in Guyana. ATM machines are available in the major cities, but they may not always work, so having cash on hand is important. Credit cards are generally accepted in larger establishments, but visitors should be prepared to pay in cash in smaller towns and establishments.
Childcare prices in Guyana can vary depending on the type of childcare facility you choose. Schools and kindergartens typically have higher fees compared to home-based daycares. However, schools and kindergartens offer structured learning environments, trained teachers, and more opportunities for socialization and development. Some schools also provide additional services such as meals and transportation, which can significantly increase the cost of childcare.
When it comes to schools and kindergartens, it's essential to research and compare different options to find the right fit for your child and budget. Some schools may have stronger academic programs, while others may focus more on extracurricular activities or sports. Location and proximity to your home or workplace may also impact your decision, as transportation costs and time can add up. Ultimately, finding affordable and quality childcare is a crucial decision for parents, and it's essential to consider all factors when making a decision.
Clothing And Shoes prices
Guyana is a place where you can find a variety of options when it comes to clothing and shoes. Clothing prices can vary depending on the brand, material, and style. However, there are many places where you can find affordable clothing options such as street markets and local stores. These places offer a unique shopping experience where you can find traditional clothing and handmade items that are not available in other parts of the world. If you prefer branded clothing, there are also many shopping malls that offer a wide variety of options from international brands.
Shoes are also widely available in Guyana, with prices ranging from budget to high-end. The types of shoes available in the country include casual shoes, dress shoes, and sports shoes. Street markets and local stores offer a variety of affordable options for shoes, while shopping malls provide high-end brands and designer shoes. You can also find handmade shoes that are unique to the country. Whatever your preference may be, you will surely find the right shoe that suits your style and budget in Guyana.
Rent Per Month prices
Short term rental options in Guyana are available to both locals and tourists. These rentals are usually furnished and equipped with all the necessary facilities to ensure a comfortable stay. A variety of options are available including apartments, houses, and hotel rooms. The prices vary depending on the location and the level of amenities provided. Short term rentals in the capital city of Georgetown are generally more expensive than those in other parts of the country.
For those who require a longer stay, there are also options for extended stay accommodation. These are especially suited for individuals who have to travel for work or study. Most extended stay options in Guyana offer discounted rates for longer stays. Some even offer additional amenities such as kitchen facilities and laundry services. The cost of extended stay accommodation is usually lower than renting an apartment or hotel room on a short term basis.
Buy Apartment prices
When it comes to buying real estate in Guyana, there are several options available. One popular option is purchasing land and building a custom home. This allows buyers to design a home that fits their exact needs and preferences. Another option is buying an existing home, which can range from simple and affordable to luxurious and spacious. Additionally, there are commercial properties available for purchase, including retail spaces and office buildings. The prices for these various options vary depending on factors such as location, size, and condition of the property.
While real estate prices in Guyana are generally lower than in many other countries, they still vary widely depending on the location and type of property. In the major cities such as Georgetown, prices tend to be higher than in rural areas. Additionally, land in coastal areas tends to be more expensive than land further inland. Despite these variations, however, it is still possible to find affordable options throughout the country. Working with a reputable real estate agent who is familiar with the local market can be helpful in finding the best deals and navigating the buying process.