Cost of Living in Barbados

If you've ever considered moving to Barbados, one of the first questions that likely crossed your mind is, "What is the cost of living in Barbados?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Barbados and whether the reported $2480 per month figure aligns with the average monthly salary of $1180.3.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Barbados
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

20.0 $

Meal for 2 People, Mid-range Restaurant, Three-course

86.35 $

McMeal at McDonalds (or Equivalent Combo Meal)

9.0 $

Domestic Beer (1 pint draught)

2.5 $

Imported Beer (12 oz small bottle)

4.0 $

Cappuccino (regular)

4.21 $

Coke/Pepsi (12 oz small bottle)

1.62 $

Water (12 oz small bottle)

1.28 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

3.44 $

Loaf of Fresh White Bread (1 lb)

2.71 $

Rice (white), (1 lb)

4.24 $

Eggs (regular) (12)

5.47 $

Local Cheese (1 lb)

17.98 $

Chicken Fillets (1 lb)

11.59 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

13.2 $

Apples (1 lb)

3.76 $

Banana (1 lb)

2.81 $

Oranges (1 lb)

3.94 $

Tomato (1 lb)

3.89 $

Potato (1 lb)

3.1 $

Onion (1 lb)

3.54 $

Lettuce (1 head)

2.75 $

Water (1.5 liter bottle)

2.21 $

Bottle of Wine (Mid-Range)

15.0 $

Domestic Beer (0.5 liter bottle)

2.1 $

Imported Beer (12 oz small bottle)

3.57 $

Cigarettes 20 Pack (Marlboro)

10.0 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

1.75 $

Monthly Pass (Regular Price)

66.03 $

Taxi Start (Normal Tariff)

11.25 $

Taxi 1 mile (Normal Tariff)

2.25 $

Taxi 1hour Waiting (Normal Tariff)

40.0 $

Gasoline (1 gallon)

2.01 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

45000.0 $

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

42221.94 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

123.72 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.64 $

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

57.53 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

78.65 $

Tennis Court Rent (1 Hour on Weekend)

15.83 $

Cinema, International Release, 1 Seat

10.0 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

247.5 $

International Primary School, Yearly for 1 Child

5500.0 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

67.92 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

55.42 $

1 Pair of Nike Running Shoes (Mid-Range)

148.44 $

1 Pair of Men Leather Business Shoes

106.39 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

583.15 $

Apartment (1 bedroom) Outside of Centre

451.92 $

Apartment (3 bedrooms) in City Centre

1466.67 $

Apartment (3 bedrooms) Outside of Centre

1030.77 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

3087.21 $

Price per Square Feet to Buy Apartment Outside of Centre

2772.57 $

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

1180.3 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

5.03 %

Barbados

How Safe Is Barbados for Travel?
Warnings & Dangers in Barbados

OVERALL RISK: MEDIUM

Generally, Barbados is considered to be a safe place for tourists, but still, as in all other locations, there are chances for unpleasant events. In order for them to not happen, it is very important to take all the precaution measures to ensure personal safety and diminish the chances of negative outcomes.

TRANSPORT & TAXIS RISK: LOW

The taxi companies offer a wide range of services that can be provided to their customers and are considered to be quite safe if all the precautions are respected. Besides taxi, there are a lot of other more affordable means of transportation that can be used and became more frequently used by tourists.

PICKPOCKETS RISK: LOW

There are some registered cases, not a lot but there are some which means that even if it is believed to be a safe place we should not be careless and forget about all the safety measures that should be taken while traveling in the country.

NATURAL DISASTERS RISK: MEDIUM

Barbados most of the times are not affected by the disaster caused in the tropical areas and usually get hit by them but in a more moderate way, meaning that they get only moderate winds and rainfall. Earthquakes are more likely to take places this is why it is advisable to know the emergency plan of the location you will be staying in.

MUGGING RISK: LOW

As in almost all places in the world, crime is present in Barbados as well, but it is well-known that travelers are rarely victims of these cases as they enjoy better security than even locals. As a piece of advice, it will serve the idea that you should avoid dark places, walking alone and look very expensive.

TERRORISM RISK: LOW

There is no historical data of any terrorist attack happening on Barbados, but still, there is always a chance for this to take as this could be motivated by the conflict in Iraq and Syria.

SCAMS RISK: LOW

Even though there are scammers but these cases could be easily avoided through using common sense and trying not to be easily influenced.

WOMEN TRAVELERS RISK: LOW

Women are more than welcomed on Barbados, but all the precaution measures should be taken in order to avoid any unpleasant cases that can occur if you get yourself into trouble.

Useful Information & Tips
credit_card

Visas

It differs from nationality to nationality whether you need a visa or not, but all the required information is clearly provided by the web-site of the public authorities.

currency_exchange

Currency

The locally used currency is considered to be Barbados Dollar, but the US dollar is widely accepted as well on the islands. There is a fixed exchange rate set between these two currencies and mainly that $1.00 Barbados dollar is equal to $0.5 US dollar.

cloudy_snowing

Weather

Barbados have a tropical climate which means that it is hot and humid all over the year, but a little bit cooler from December to April and more hot from May to October even though the temperature does not vary considerably throughout the year.

flight_takeoff

Airports

Grantley Adams International Airport is the international airport of Barbados and operates mainly as the biggest gate to the Eastern Carribean which mainly operates flights to the United States, Canada, Central America, and Europe.

health_and_safety

Travel Insurance

As it is always recommended to have travel insurance while traveling, no matter the destination Barbados is not an exception as this will not only cover your health-related expenditures but also all other costs incurred in case of emergency.

Comparison of the Cost Of Living in Barbados with other countries

Cost of living in countries