×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Expat Exchange - Cost of Living in Montego Bay 2024
Expat Exchange
Free MembershipSign In
Montego Bay, Jamaica


Cost of Living in Montego Bay

By Joshua Wood, LPC

SJB Global
SJB Global

Summary: If you're moving to Montego Bay, understanding the the cost of living in Montego Bay helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Cost of Living Montego Bay
Apartment Rentals Rent for a one-bedroom apartment in the city center averages around $600 USD per month. Rent for a three-bedroom apartment in the city center averages around $1,200 USD per month.
Apartment Purchases The cost of purchasing an apartment in Montego Bay varies greatly depending on the size and location. A one-bedroom apartment in the city center can cost anywhere from $50,000 USD to $100,000 USD. A three-bedroom apartment in the city center can cost anywhere from $100,000 USD to $200,000 USD.
Transportation Public transportation in Montego Bay is relatively inexpensive. A one-way bus ticket costs around $1 USD. Taxis are also available and the cost of a ride depends on the distance traveled. A taxi ride from the city center to the airport costs around $20 USD.
Groceries The cost of groceries in Montego Bay is relatively low. A loaf of bread costs around $1 USD, a liter of milk costs around $2 USD, and a dozen eggs costs around $3 USD.
Restaurants The cost of eating out in Montego Bay varies greatly depending on the type of restaurant. A meal at a fast food restaurant costs around $5 USD, while a meal at a mid-range restaurant costs around $20 USD.
Utilities The cost of utilities in Montego Bay is relatively low. The average cost of electricity is around $50 USD per month, while the average cost of water is around $20 USD per month.
Private School Tuition The cost of private school tuition in Montego Bay varies depending on the school and the grade level. Preschool tuition averages around $1,000 USD per year, elementary school tuition averages around $2,000 USD per year, middle school tuition averages around $3,000 USD per year, and high school tuition averages around $4,000 USD per year.

Monthly Budget for Retirees in Montego Bay

"The cost of living in Montego Bay is generally considered to be relatively low compared to other Caribbean destinations. Groceries, transportation, and utilities are all relatively inexpensive, while housing costs can vary depending on the area. Eating out is also relatively affordable, with many restaurants offering meals for a fraction of the cost of similar meals in other countries. Overall, Montego Bay is a great destination for those looking for a budget-friendly vacation," said one expat living in Montego Bay.

Can I live in Montego Bay on $1,500 a month?

"I've been living in Montego Bay for a while now, and I can tell you that it's possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable neighborhood to live in. I recommend looking into areas like Bogue Village, Westgate Hills, or Catherine Hall. These neighborhoods are relatively safe and have a mix of locals and expats living there. You can find a decent one or two-bedroom apartment for around $500 to $700 a month.On the other hand, you might want to avoid more expensive neighborhoods like Ironshore, Freeport, or Spring Gardens, as the rent prices there can be quite high, sometimes reaching over $1,000 a month for a one-bedroom apartment.As for utilities, expect to pay around $100 to $150 a month for electricity, water, and internet. Keep in mind that electricity can be expensive in Jamaica, so you'll want to be mindful of your usage, especially when it comes to air conditioning.When it comes to food, you can save money by shopping at local markets and cooking at home. Eating out can be quite expensive, especially in touristy areas. If you do want to eat out occasionally, try to find local spots that cater to Jamaicans rather than tourists, as the prices will be more reasonable.Transportation is another area where you can save money. Public transportation is quite affordable, with a one-way bus fare costing around $1. However, it can be a bit unreliable and crowded at times. If you prefer to drive, you can find a used car for around $5,000 to $7,000, but keep in mind that gas prices are higher in Jamaica than in the US.In terms of entertainment, there are plenty of free or low-cost activities to enjoy, such as going to the beach, hiking, or exploring local attractions. However, you might have to cut back on more expensive activities like going to bars, clubs, or fancy restaurants.Overall, living on $1,500 a month in Montego Bay is doable, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, cooking at home, and taking advantage of free or low-cost activities, you can make it work and enjoy your time in this beautiful city," commented an expat living in Montego Bay.

Can I live in Montego Bay on $3,500 a month?

"I've been living in Montego Bay for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, but you'll have to make some adjustments and sacrifices. First, you'll need to find a more affordable neighborhood to live in. Some of the more expensive neighborhoods like Ironshore and Spring Farm might be out of your budget, so I'd recommend looking into areas like Bogue Village, Westgate Hills, or even Coral Gardens. These neighborhoods are still safe and have decent amenities, but the cost of living is more reasonable.In terms of housing, you might have to settle for a smaller apartment or house than you're used to. Utilities can also be quite expensive, so you'll want to be mindful of your electricity and water usage. It's also a good idea to invest in energy-efficient appliances and fixtures to help keep your bills down.Transportation can be another area where you'll need to make some sacrifices. Owning a car can be quite expensive due to high import taxes and gas prices, so you might want to consider using public transportation or even getting a scooter or motorcycle to get around. The public transportation system in Montego Bay is pretty reliable, and you can get to most places using route taxis or buses.When it comes to groceries and eating out, you'll find that some items are more expensive than you're used to, especially imported goods. To save money, try shopping at local markets and buying fresh produce and meats. Eating out can also be quite affordable if you stick to local eateries and avoid the more touristy spots.Entertainment and leisure activities can also be done on a budget. There are plenty of free or low-cost activities to enjoy, like going to the beach, hiking, or exploring the local culture and history. Just be mindful of your spending and try to prioritize experiences over material possessions.Overall, living in Montego Bay on $3,000 a month is doable, but you'll need to be mindful of your spending and make some sacrifices in terms of housing, transportation, and lifestyle. But in exchange, you'll get to enjoy the beautiful scenery, warm weather, and vibrant culture that Jamaica has to offer," said one expat living in Montego Bay.

Can I live in Montego Bay on $5,000 a month?

"I've been living in Montego Bay for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. However, there might be some sacrifices you'll have to make to ensure you stay within your budget.Firstly, you'll want to consider the neighborhood you choose to live in. Some of the more upscale areas, like Ironshore and Spring Farm, can be quite expensive, with rents for a nice house or apartment easily going over $2,000 a month. On the other hand, there are more affordable neighborhoods like Bogue Village, Westgate Hills, and Coral Gardens, where you can find decent accommodations for around $1,000 to $1,500 a month.When it comes to utilities, you should be prepared for higher costs than you might be used to, especially for electricity. Jamaica has some of the highest electricity rates in the Caribbean, so you'll want to be mindful of your usage. Water and internet services are relatively affordable, though, so you shouldn't have too much trouble staying within your budget there.Groceries can also be a bit more expensive than you might be used to, especially if you're looking for imported goods. However, if you're willing to shop at local markets and buy fresh produce, you can save quite a bit on your grocery bill. Eating out can be affordable if you stick to local eateries, but if you prefer dining at more upscale restaurants, you'll need to budget accordingly.Transportation is another area where you can save money if you're willing to make some sacrifices. Owning a car in Jamaica can be expensive due to high import taxes and insurance costs. However, if you're comfortable using public transportation or taxis, you can get around Montego Bay relatively inexpensively.Overall, living in Montego Bay on $5,000 a month is definitely doable, but you'll need to be mindful of your spending and be willing to make some sacrifices in certain areas. By choosing a more affordable neighborhood, being conscious of your utility usage, and being open to shopping and dining locally, you can enjoy a comfortable lifestyle in this beautiful Caribbean city," commented an expat living in Montego Bay.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.


SJB Global
SJB Global

SJB Global
SJB Global

Montego Bay, Jamaica

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Jamaica Network Contribute
Help others in Jamaica by answering questions about the challenges and adventures of living in Jamaica.

SJB Global
SJB Global

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides