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