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

Welcome to Trinidad and Tobago - a beautiful Caribbean country with an area of 5,128 square kilometres and a population of 1,228,691. Here, the population density is 239.6 people per square kilometre and the official language is English. The country has a gross domestic product (GDP) of $27,130,000,000, with a GDP per capita of $ 22080. The local currency is Trinidad and Tobago dollar and the top-level domain is .tt. Trinidad and Tobago is surrounded by the Caribbean Sea, making it an ideal destination for beach lovers. With stretches of coastline and perfect weather all year round, Trinidad and Tobago is a paradise waiting to be explored. Visitors can experience the rich culture and diverse cuisine of the country, which is influenced by the many different civilizations that have impacted the islands throughout history. The cost of living in Trinidad and Tobago is affordable, making it a great option for those looking to relocate to the Caribbean. The country has a strong economy that supports a thriving job market. Visitors can enjoy a high quality of life, with access to modern amenities and healthcare facilities. For those seeking adventure, there are plenty of outdoor activities to explore, including hiking, water sports, and more. Come experience the beauty and culture of Trinidad and Tobago - you won't be disappointed!

Cost of Living Estimate in Trinidad And Tobago

Total cost of living in Trinidad And Tobago for two person with average consumption for one month will be 977.81 USD, no rent price included. Click here to calculate cost-of-living estimate in Trinidad And Tobago

You can calculate cost of living in Trinidad And 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

Trinidad and Tobago is known for its diverse cuisine, which reflects the country's history and mixed cultures. Local dishes are typically made with a combination of African, Indian, Chinese, and Spanish flavors. Restaurants in Trinidad and Tobago offer a wide range of options for both locals and visitors. You can find everything from street food stalls selling deep-fried delicacies like doubles and shark sandwiches to upscale restaurants with fine dining options.

If you're a seafood lover, you'll find plenty of options in Trinidad and Tobago. Freshly caught fish and shellfish are a staple on menus across the islands. Local specialties include grilled whole fish, crab dumplings, and shrimp curry. Vegetarians and vegans will also find plenty of options, with many restaurants offering plant-based dishes made with fresh local produce. Don't forget to try the famous Trinidadian pepper sauce, a fiery table condiment that is a staple on every dining table in the country.

Meal in Inexpensive Restaurant
6.62 $
Meal for 2 People, Mid-range Restaurant, Three-course
49.25 $
McMeal at McDonalds or Alternative Combo Meal
5.88 $
Domestic Beer, 0.5 liter Draught
1.47 $
2.57 $
Coca-Cola, 0.33 liter Bottle
0.89 $
Imported Beer, 0.33 liter Bottle
2.26 $

Markets prices

In Trinidad and Tobago, market prices can fluctuate depending on a variety of factors such as supply and demand, competition, and external economic influences. The country has a diverse economy with industries ranging from oil and gas to agriculture and manufacturing. As such, the prices of goods and services can vary greatly, and it is essential to stay informed about market trends and changes in order to make informed purchasing decisions.

Consumers in Trinidad and Tobago have a diverse range of options when it comes to shopping, with numerous supermarkets, food markets, and local vendors offering a wide range of goods. While prices are influenced by market forces, there are also regulations in place to ensure fairness and transparency in pricing. Additionally, the government aims to provide subsidies for certain essential goods to ensure that all citizens have access to basic necessities at affordable prices. Overall, market prices in Trinidad and Tobago reflect the country's unique economic landscape and the diverse needs of its population.

Imported Beer, 0.33 liter Bottle
2.21 $
Water, 0.33 liter Bottle
0.72 $
Milk, Regular,1 liter
1.68 $
Loaf of Fresh White Bread, 0.5 kg
1.80 $
White Rice, 1 kg
1.89 $
Eggs, 12 pack
3.26 $
Local Cheese, 1 kg
5.58 $
Chicken Breasts, Boneless and Skinless, 1 kg
4.90 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
6.01 $
Apples, 1 kg
3.61 $
Banana, 1 kg
2.02 $
Oranges, 1 kg
2.18 $
Tomato, 1 kg
3.16 $
Potato, 1 kg
0.92 $
Onion, 1 kg
1.04 $
Lettuce, 1 head
1.22 $
Water, 1.5 liter Bottle
1.14 $
Bottle of Wine, Mid-Range Price
14.71 $
Domestic Beer, 0.5 liter Bottle
1.56 $
Pack of Cigarettes
4.40 $

Transportation prices

Traveling in Trinidad and Tobago can be quite an adventure. The islands offer various modes of transportation that cater to different needs. Taxis are easily accessible and provide a convenient way to get around. They are plentiful and operate on a fixed rate. Private car rental services are also available for those looking for more flexibility. Buses are another option, offering the most cost-effective method of travel. However, it's important to note that schedules can be unreliable and that buses can be crowded. Alternatively, travelers can opt for private transportation services such as mini-vans or maxi-taxis, which offer more space and comfort for larger groups.

Another interesting way to explore Trinidad and Tobago is by ferry. The islands are connected by regular ferry services, offering scenic views and an opportunity to experience the ocean's beauty. The ferry provides a more relaxing mode of transportation and can be an exciting way to start a trip. For those looking for a more unique experience, driving around Tobago in a jeep can be a thrilling adventure. Renting a jeep can provide travelers with the freedom to explore the island's unspoiled landscape and pristine beaches at their own pace. Whichever mode of transportation travelers choose, exploring Trinidad and Tobago's can be an exciting and memorable experience.

One-way Ticket, Local Transport
0.88 $
Monthly Pass, Regular Price
22.05 $
Taxi Start, Normal Tariff
0.74 $
Taxi, price for 1 km, Normal Tariff
0.74 $
Taxi, price for 1 hour Waiting, Normal Tariff
0.88 $
Gasoline, 1 liter
0.56 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
29,401.05 $
Honda Civic 1.6 Or Alternative New Car
29,401.05 $

Utilities Per Month prices

Utilities costs in Trinidad and Tobago can often be higher than what travelers are used to in other countries. This is due in part to the reliance on imported goods, including fuel and electricity. Additionally, the country's tropical climate can mean that air conditioning is often necessary, driving up electricity costs. However, there are various ways to keep these costs down, such as using energy-efficient appliances and keeping electrical usage to a minimum during peak hours. Some accommodations may also include utilities in their nightly rate, so it's important to do research before making a booking decision.

One thing to note about utilities in Trinidad and Tobago is that water can be scarce on occasion, particularly during dry seasons. This can result in occasional water restrictions or the need to conserve water. However, the country does have a robust rainwater harvesting program, which helps to supplement the water supply. Additionally, many accommodations in Trinidad and Tobago have their own water supply, so travelers should not have an issue with water conservation as long as they are mindful not to waste it. Overall, while utilities costs in Trinidad and Tobago may be higher than what travelers are used to, being mindful of energy and water usage can help keep costs down.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
59.62 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.18 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
32.83 $

Sports And Leisure prices

Trinidad and Tobago is a great destination for sports and leisure enthusiasts, with a plethora of options to choose from. A popular leisure activity in the country is beach hopping, where visitors can explore the beautiful beaches and indulge in activities like swimming, sunbathing and snorkeling, among others. Some of the most popular beaches in the country include the Maracas Bay, the beautiful Pigeon Point Beach, Store Bay, and Las Cuevas Beach, just to mention a few.

In addition to beach activities, Trinidad and Tobago is also known for its sporting events, including cricket, horse racing, and football. Some of the most iconic sporting venues in the country include the Queen's Park Oval, which is considered one of the most beautiful cricket arenas in the world, and the Hasely Crawford Stadium for football. Visitors to the country can expect to not only witness high-level sporting events, but also engage in some local sporting traditions themselves, such as limbo dancing or drumming, a fun and colorful way to immerse themselves in the local culture.

Fitness Club, Monthly Fee for 1 Adult
47.69 $
Tennis Court Rent, 1 Hour on Weekend
8.58 $

Salaries And Financing prices

Salaries in Trinidad and Tobago vary depending on the industry or profession one is employed in. The country's oil industry is one of the highest-paying sectors, with engineers, geologists and other technical personnel earning top salaries. Finance, IT and healthcare also tend to offer good pay. However, those working in the retail and service industries earn significantly less. Visitors may be surprised to learn that salaries in Trinidad and Tobago are typically lower than in North America or Europe, but the cost of living is also lower.

Financing options in Trinidad and Tobago are numerous, with a range of banks and credit unions to choose from. ATMs are readily available, and credit and debit cards are accepted in many places. However, visitors are advised to carry cash with them as some smaller businesses may not accept cards. In terms of currency, the Trinidad and Tobago dollar is the official currency and is widely used throughout the country. Overall, visitors should have no trouble accessing financing options and managing their finances while in Trinidad and Tobago.

Cinema ticket, 1 Seat
7.34 $
Average Monthly Net Salary, After Tax
817.72 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
0.15 %

Childcare prices

In Trinidad and Tobago, childcare prices can be quite high, especially in schools and kindergartens. Many parents find themselves struggling to keep up with the fees for quality care and education for their children. However, there are some more affordable options available, such as community centers and government-run facilities. These options may require patience and diligence in finding available spots, but can provide a much-needed solution for families on a budget.

Schools and kindergartens in Trinidad and Tobago often offer a variety of programs and services to cater to different needs and preferences. Some facilities may offer specialized programs for children with special needs, while others may focus on a specific curriculum or teaching method. It is important for parents to research and explore their options before making a decision, as factors such as location, reputation, and staff qualifications can all play a role in the quality and affordability of childcare.

Private Preschool or Kindergarten, Monthly for 1 Child
294.99 $
International Primary School, Yearly for 1 Child
10,290.37 $

Clothing And Shoes prices

Trinidad and Tobago has a lively shopping scene, with a plethora of options available for buying clothing and shoes. There are a plethora of clothing and shoe stores available in major cities like Port of Spain and San Fernando. From high-end designer boutiques to affordable streetwear, there is something for everyone. Shopping malls and plazas are the ideal place to go for a wide selection of clothing and shoe stores under one roof, catering to all styles and budgets.

The outdoor markets of Trinidad and Tobago are a one-stop destination for bargain hunters on a budget. The vendors at these markets offer a wide range of clothing and shoe products at reasonable prices, making them an ideal destination for travelers looking for a good deal. But keep in mind that bargaining is a common practice in these markets, so don't be afraid to negotiate the prices if you feel they aren't reasonable. No matter where you choose to shop in Trinidad and Tobago, you're sure to find an amazing variety of clothing and shoe options that can fit your budget and style preferences.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
61.58 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
41.32 $
Pair of Running Shoes, Mid-Range Price
91.14 $
Pair of Leather Business Shoes
79.58 $

Rent Per Month prices

Trinidad and Tobago offer a range of short-term rental options for those seeking a comfortable stay. Visitors can opt for a variety of rental properties such as apartments, villas, bed and breakfasts, and guesthouses. These rentals are generally affordable and come equipped with all the necessary amenities to make a visitor's stay pleasant and comfortable.

For those looking for a short stay, Trinidad and Tobago offer a range of options from budget-friendly to luxury accommodations. Depending on the location of the rental, the prices can vary but generally, they are affordable. Visitors can easily find short term rentals in popular areas like capital city Port of Spain, Tobago, and other tourist hotspots. For a truly immersive experience, visitors can opt to stay in an Airbnb rental or book a stay at local guesthouses run by Trinidadians who offer unique insight into their culture and lifestyle.

One bedroom apartment in city centre
525.10 $
One bedroom apartment outside of city centre
393.52 $
Three bedroom apartment in city centre
984.94 $
Three bedroom apartment outside of city centre
730.82 $

Buy Apartment prices

When it comes to buying real estate in Trinidad and Tobago, there are a variety of options available to potential buyers. Some of the most popular choices include single-family homes, condos, and townhomes. Each type of property offers its own unique benefits and drawbacks, so it's important to do your research and determine which option best fits your needs and lifestyle.

Additionally, prices for real estate in Trinidad and Tobago can vary widely based on a number of factors, including location, size, and condition of the property. Generally speaking, though, the country offers a range of affordable options for those looking to buy a home or investment property. Whether you're seeking a spacious family home or a modern condo in a bustling urban center, Trinidad and Tobago has something to offer at a price point that fits your budget.

Price per m2 to Buy Apartment in City Center
1,934.42 $
Price per m2 to Buy Apartment Outside of City Center
2,848.23 $