Cost of living and prices in Tobago, prices of food, rent, shopping, etc. 🇹🇹
Updated Jul 2023

Discover Tobago, a stunning city located in the heart of the Caribbean and part of the beautiful country of Trinidad and Tobago.

Known for its breathtaking beaches, warm weather, and vibrant culture, Tobago is a great choice for those looking for an affordable cost of living without sacrificing quality of life.

With a cost of living index that is lower than the United States and other Caribbean countries, Tobago offers affordable housing, groceries, healthcare, and transportation.

Residents of Tobago enjoy a laid-back lifestyle, with plenty of outdoor activities to enjoy such as diving, snorkeling, and hiking. The city also boasts a rich history and cultural scene, with festivals and events throughout the year celebrating its diverse heritage.

Whether you're looking for a stunning tropical location to retire, start a business, or simply enjoy a more relaxed lifestyle, Tobago has something to offer everyone. Start planning your move today and discover all the amazing things this Caribbean city has to offer.

Cost of Living Estimate in Tobago

Total cost of living in Tobago for two person with average consumption for one month will be 1390.51 USD, no rent price included. Click here to calculate cost-of-living estimate in Tobago

You can calculate cost of living in Tobago 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

If you're traveling to Tobago in Trinidad and Tobago, you're in for a treat in terms of dining options. From beachside bars to fine dining restaurants, there's something for everyone on this island. Seafood is a staple here, with fresh catches of fish, shrimp, and lobster being the highlight of many menus. Local cuisine is also readily available, with dishes like callaloo, roti, and doubles being popular options. You can also find international cuisine, such as Italian, Indian, and Chinese. Many restaurants offer outdoor seating with beautiful views of the ocean, making for a delightful dining experience.

For a truly unique dining experience, check out the local street food scene. Vendors set up shop in various locations offering local favorites like saltfish cakes, corn soup, and bake and shark. This is a great way to experience the local flavors and engage with the community. If you're looking for something a little more upscale, there are also several fine dining restaurants offering fusion cuisine, incorporating local ingredients and techniques with international flavors. No matter your taste, Tobago has dining options to suit every palate and budget.

Meal in Inexpensive Restaurant
5.90 $
Meal for 2 People, Mid-range Restaurant, Three-course
103.24 $
McMeal at McDonalds or Alternative Combo Meal
5.53 $
Domestic Beer, 0.5 liter Draught
2.21 $
Imported Beer, 0.33 liter Bottle
3.32 $
Cappuccino
2.95 $
Coca-Cola, 0.33 liter Bottle
0.74 $

Markets prices

Market prices in Tobago are reflective of the island's unique agricultural and fishing economies. The abundance of fertile land, combined with a tropical climate, has resulted in a wide array of locally grown fruits and vegetables. These crops are readily available at the various markets and roadside stands, providing affordable options for consumers. Additionally, Tobago's coastal waters provide an abundant source of seafood, which is also sold at the local markets.

The prices of goods in Trinidad and Tobago are largely influenced by the country's energy industry. Trinidad and Tobago is one of the largest producers of natural gas and liquified natural gas in the Western Hemisphere. This has led to an influx of wealth into the country, which in turn has affected the cost of living. While some goods may be more expensive due to the country's high economy, other goods, such as locally produced fruits and vegetables, remain affordable. The market prices in Trinidad and Tobago reflect a unique blend of the country's natural resources and its overall economic landscape.

Water, 0.33 liter Bottle
0.59 $
Milk, Regular,1 liter
1.92 $
Loaf of Fresh White Bread, 0.5 kg
2.06 $
White Rice, 1 kg
1.18 $
Eggs, 12 pack
2.95 $
Local Cheese, 1 kg
7.37 $
Chicken Breasts, Boneless and Skinless, 1 kg
6.64 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
8.85 $
Apples, 1 kg
6.50 $
Banana, 1 kg
2.21 $
Oranges, 1 kg
2.95 $
Tomato, 1 kg
4.42 $
Potato, 1 kg
1.47 $
Onion, 1 kg
2.95 $
Lettuce, 1 head
1.47 $
Water, 1.5 liter Bottle
1.03 $
Bottle of Wine, Mid-Range Price
17.70 $
Domestic Beer, 0.5 liter Bottle
1.47 $
Imported Beer, 0.33 liter Bottle
2.95 $
Pack of Cigarettes
4.72 $

Transportation prices

Travelers to Tobago have a few options for getting around the island. Renting a car is a popular choice, as it gives visitors the freedom to explore the island at their own pace. Taxis are also widely available and can be a convenient option for those who prefer not to drive. Additionally, there are local buses that run along the island's main road, offering affordable transportation for those on a budget. With its beautiful beaches and lush rainforests, Tobago is a small island that is easy to navigate, no matter what mode of transportation you choose.

If you're visiting Trinidad and Tobago, you may want to explore the mainland as well. One option is to take the ferry between the islands, which offers stunning views of the Caribbean Sea along the way. Once on the mainland, there are several transportation options available, including taxis, buses, and rental cars. However, traffic can be heavy in Trinidad's cities, and the roads can be difficult to navigate, so it's important to plan accordingly. With a little research and preparation, though, travelers can easily explore both Tobago and Trinidad, soaking up the sunshine and the vibrant culture of this Caribbean paradise.

One-way Ticket, Local Transport
0.59 $
Monthly Pass, Regular Price
73.74 $
Taxi Start, Normal Tariff
1.47 $
Taxi, price for 1 km, Normal Tariff
0.74 $
Gasoline, 1 liter
0.73 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
27,285.29 $

Utilities Per Month prices

If you're planning a trip to Tobago, you should be aware that utilities costs can be higher than what you might be used to. This is particularly true when it comes to electricity, which is produced mainly by diesel generators on the island. As a result, the cost of power can be quite high, especially during peak periods when demand is high. While you may not feel the pinch if you're only staying for a short period, longer-term visitors may find that their utility bills add up quite quickly.

In addition to electricity, other utilities costs in Tobago can also be on the high side. For example, the cost of water can vary depending on where you are staying and how much you use. Many homes and businesses in Tobago rely on rainwater, which can be expensive to store and treat. Additionally, some areas of the island may experience shortages or disruptions to the water supply due to weather conditions or maintenance issues. So if you're planning to visit Tobago, it's a good idea to factor in utilities costs when budgeting for your trip.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
59.00 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.44 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
103.24 $

Sports And Leisure prices

Tobago is a tropical paradise for lovers of outdoor activities. If you're a water sports enthusiast, you'll be in your element here. Tobago is famous for scuba diving in its coral reefs and experiencing the colorful marine life. It's also home to world-class game fishing and snorkeling, where you can swim with manta rays and whales. For those looking to keep things a little drier, Tobago is an incredible destination for golf. The courses offer stunning views of the ocean and tropical forests. Alternatively, you can opt for leisurely bike rides through the towns or hiking in the national parks.

Trinidad and Tobago are both known for their vibrant culture, music, and dance. Visitors will enjoy fun activities such as joining in with traditional celebrations like carnival and street parades. Additionally, cricket is the national sport which draws thousands of fans and visitors to attend the games. Outdoor adventure enthusiasts can enjoy a variety of hiking trails within the northern range mountains of Trinidad. The national park of Trinidad is host to over 470 species of birds, making it a prime spot for bird watchers. Making it a remarkable destination for tourists looking to experience and participate in diverse cultures, music, and festivities in this Caribbean paradise.

Fitness Club, Monthly Fee for 1 Adult
44.25 $
Tennis Court Rent, 1 Hour on Weekend
14.75 $

Salaries And Financing prices

Salaries and financing in Tobago, Trinidad and Tobago are relatively low in comparison to other Caribbean islands. Many locals work in the tourism industry, either in hotels, restaurants, or as tour guides. Other common jobs include agriculture and fishing. The cost of living in Tobago is also relatively low, making it a popular destination for budget-conscious travelers.

Many businesses in Tobago still operate on a cash-only basis, so it is important to have enough local currency on hand. Credit cards are accepted at some places, but not all. ATMs can be found throughout the island, but it is a good idea to withdraw cash before heading to more remote areas. When budgeting for a trip to Tobago, it is important to keep in mind that expenses can quickly add up if not careful, such as transportation costs, food, and activities.

Cinema ticket, 1 Seat
7.37 $
Average Monthly Net Salary, After Tax
700.57 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
7 %

Childcare prices

Childcare prices in Tobago, Trinidad And Tobago can vary widely depending on the type of facility and the services provided. For instance, schools and kindergartens tend to offer more structured learning environments, with a greater emphasis on academic development. These facilities generally require more resources, such as trained teachers and educational materials, which can drive up the cost of childcare. However, parents who choose these options can rest assured that their child is receiving a quality education and preparing for future academic success.

On the other hand, there are also more affordable childcare options available in Tobago, Trinidad And Tobago. Many parents opt for informal arrangements, such as hiring a babysitter or enlisting the help of a family member or friend. While these options may be less structured, they can still provide a nurturing and safe environment for children. Additionally, there are community programs and organizations that offer low-cost or free childcare services for families in need. Ultimately, choosing the right childcare option comes down to individual family needs and priorities.

Private Preschool or Kindergarten, Monthly for 1 Child
176.99 $
International Primary School, Yearly for 1 Child
1,474.88 $

Clothing And Shoes prices

Tobago's clothing and shoe market is thriving, with a range of options to cater to every taste and budget. Whether you are looking for stylish beachwear or formal attire, there are multiple shopping destinations you can explore. From luxury department stores to local boutiques and markets, you will find a diverse range of options for clothing and shoes. The popular shopping destinations include Pigeon Point Heritage Park and Store Bay, where you can pick up souvenirs, clothing, and beachwear all in one spot.

For those looking for high-end designer brands and luxurious shopping experiences, destinations like Gulf City Mall and Port of Spain city center should be on their list. And for those seeking local brands and prices targeted more towards locals than visitors, Scarborough and Tobago's street markets would be the best places to shop. No matter where you choose to shop, you are guaranteed to find unique, fashionable, and affordable clothing and shoes that reflect the Caribbean style and spirit.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
44.25 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
66.37 $
Pair of Running Shoes, Mid-Range Price
129.05 $
Pair of Leather Business Shoes
73.74 $

Rent Per Month prices

Short term rental options in Tobago offer an exciting and flexible way to explore this beautiful Caribbean island. With a range of apartments, villas and cottages available to rent, there's something to suit every budget and type of traveler. Whether you're looking to stay in the heart of bustling Scarborough or escape to a secluded beachfront hideaway, there's a short-term rental option for you in Tobago.

If you're traveling to Tobago with family or friends, short-term rental homes can often provide a cost-effective way to stay on the island, offering more space and privacy than traditional hotel rooms. Many properties come fully equipped with all the amenities you need, including kitchens, outdoor spaces and communal areas. Plus, the option to self-cater your stay can help keep costs down, freeing up more funds to explore Tobago's stunning beaches and natural attractions.

One bedroom apartment in city centre
537.98 $
One bedroom apartment outside of city centre
317.10 $
Three bedroom apartment in city centre
774.31 $
Three bedroom apartment outside of city centre
589.95 $