Cost of Living in Port of Spain, Trinidad and Tobago
Trinidad and Tobago · North America
Cost of Living in Port of Spain: Quick Answer
The average cost of living in Port of Spain, Trinidad and Tobago is approximately $1,650 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 58, using New York City as the 100-point benchmark.
$1,650
Monthly Cost
avg/person
58
Cost Index
NYC = 100
52
Rent Index
NYC = 100
62
Quality of Life
Moderate
35
Safety Index
Below Average
0.54M
Population
TTD
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $8 |
| Meal for 2 (mid-range) | $30 |
| McMeal at McDonald's | $7 |
| Domestic Beer (0.5L) | $2.5 |
| Imported Beer (0.33L) | $3.5 |
| Cappuccino | $3 |
| Coke/Pepsi (0.33L) | $1.2 |
| Water (0.33L) | $0.7 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.8 |
| Bread (500g) | $1.5 |
| Rice (1kg) | $1.5 |
| Eggs (12) | $3.2 |
| Chicken (1kg) | $5.5 |
| Beef (1kg) | $9 |
| Apples (1kg) | $3.5 |
| Banana (1kg) | $0.7 |
| Tomato (1kg) | $1.8 |
| Potato (1kg) | $1.5 |
| Onion (1kg) | $1.2 |
| Water (1.5L) | $0.7 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.4 |
| Monthly Pass | $16 |
| Taxi 1km | $0.8 |
| Gasoline (1L) | $0.6 |
| Volkswagen Golf | $28000 |
| Toyota Corolla | $22000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $110 |
| Mobile Plan | $25 |
| Internet (60 Mbps) | $45 |
| Fitness Club/month | $45 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $850/mo |
| 1BR Outside | $560/mo |
| 3BR Center | $1,900/mo |
| 3BR Outside | $1,200/mo |
| Price/m² Center | $3,000/m² |
| Price/m² Outside | $1,900/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $1100 |
| Mortgage Interest Rate | 7.5% |
Cost of Living in Port of Spain: Complete Guide
The cost of living in Port of Spain, Trinidad and Tobago, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,650. The city's cost of living index is 58, compared with a New York City benchmark of 100.
Monthly Expenses in Port of Spain
A typical monthly budget in Port of Spain includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Port of Spain
A one-bedroom apartment outside the city center costs approximately $560 per month, while a one-bedroom apartment in the city center costs around $850. A three-bedroom apartment in the center averages $1,900 per month.
Average Salary in Port of Spain
The average net salary in Port of Spain is approximately $1,100 per month. Purchasing power is rated 55out of 100.
Is Port of Spain Expensive to Live In?
With a cost of living index of 58,Port of Spain is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Port of Spain
Safety
Port of Spain has a safety score of 35/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Port of Spain is rated 62/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Port of Spain is 78/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Port of Spain has a purchasing power score of 55/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Port of Spain
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Port of Spain should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Port of Spain fits their monthly budget.
Is Port of Spain Affordable?
Affordability depends on income and housing choices. The cost index of 58provides a useful benchmark when comparing Port of Spain with other cities.
Key Cost of Living Facts for Port of Spain
- Average Monthly Cost
- $1,650
- Cost Index
- 58
- Rent Index
- 52
- Average Net Salary
- $1,100
- Quality of Life
- 62/100
- Safety
- 35/100
- Healthcare
- 62/100
- Currency
- TTD
Frequently Asked Questions About Port of Spain
What is the cost of living in Port of Spain?
The estimated cost of living in Port of Spain, Trinidad and Tobago, is approximately $1,650 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Port of Spain?
A one-bedroom apartment outside the center costs approximately $560 per month, while a one-bedroom apartment in the center costs about $850.
Is Port of Spain expensive to live in?
Port of Spain has a cost index of 58 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Port of Spain?
The average net salary in Port of Spain is approximately $1,100 per month.
Is Port of Spain good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Port of Spain is suitable for relocation.