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Cost of Living in Grenada | Expat Exchange
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St. George's, Grenada

Cost of Living in Grenada

By Joshua Wood, LPC

Last updated on Jan 02, 2024

Summary: The cost of living in Grenada is generally considered to be quite affordable. A nice 1 bedroom apartment in Grenada can cost anywhere from $500 to $1,000 per month, while a nice 2 bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Grenada is usually around $20 per person.

William Russell
William Russell
William Russell
William Russell

Is the cost of living in Grenada high?

We asked people how much they someone comfortably live on in Grenada, they wrote:

"The cost of living in Grenada is generally considered to be quite affordable. Prices for basic necessities such as food, transportation, and housing are generally lower than in many other Caribbean countries. Eating out is also relatively inexpensive, with a meal for two at a mid-range restaurant costing around $30 USD. Utilities such as electricity and water are also relatively inexpensive," remarked one expat in Grenada.

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Cigna Global HealthCigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.
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Will I save money living in Grenada?

"Living in Grenada can be more affordable than living in the United States. The cost of living in Grenada is generally lower than in the United States, with lower prices for food, housing, and transportation. Additionally, the cost of healthcare is significantly lower in Grenada than in the United States. As a result, many people find that they can save money by living in Grenada," remarked one expat in Grenada.

What is the average cost of housing in Grenada?

If you are thinking about moving to Grenada, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Grenada varies depending on the type of accommodation and location. Generally, rental prices for apartments and houses range from moderate to expensive. Prices for furnished apartments and houses can be higher than for unfurnished ones. Additionally, the cost of housing in Grenada is affected by the demand for the area, with more popular areas tending to be more expensive," said one person in Grenada.

Cigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.

Learn MoreGet Quote

Cigna Global Health

With Cigna Global Health Options, you can create an international health insurance plan that's perfectly tailored for the needs of you and your family. We provide the reassurance of comprehensive core cover, and the flexibility of adding as many extra benefits as you want to ensure you have a plan perfectly suited to your needs.

Learn MoreGet Quote

What are typical rental prices for expats in Grenada?

"The rental price for a nice 1 bedroom apartment in Grenada can range from around $500 to $1,000 per month, while a nice 2 bedroom apartment can range from around $800 to $1,500 per month," mentioned one expat in Grenada.

What appliances are typically included in a rental?

We asked foreigners in Grenada what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Grenada typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, additional amenities such as a dryer, hot tub, or pool may also be included," mentioned one expat in Grenada.

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.

St. George's, Grenada
Cigna Global Health
Cigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
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Cigna Global HealthCigna Global Health

Award winning International Health Insurance for Individuals and families living abroad
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William Russell
William Russell

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