Migranto

Cost of living in Grenada

What a month costs, how prices compare with other countries

#86 by cost of living in the world#19 in Latin America

Monthly cost in Grenada

Spending runs from EC$443 a month in the poorest fifth to EC$4,500 in the richest

Per person, whole country

EC$1,310

what a typical person spends in a month

Spending across the population

poorest 20%
EC$443
richest 20%
EC$4,500

Ask Migo

Tap a question — our AI assistant answers it in chat

How living costs in Grenada compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Grenada
1Trinidad and Tobago
EC$2,080+59%
3Dominica
EC$1,460+12%
4Saint Lucia
EC$1,310+1%
5Grenada
EC$1,310

What things cost here

How much the same goods and services cost in Grenada against other countries

More expensive than 82% of countries

Where Grenada sits when every country is lined up from cheapest to most expensive

cheapest
Pakistan
most expensive
Bermuda
world
middle

A basket of goods and services that costs EC$2,700 at world-middle prices costs EC$4,260 here.

Data source: household consumption 2024 (World Bank, regional estimate), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth

Living-cost calculator

What it costs to live in Grenada

Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Grenada and how much you could have left each month

  • What your lifestyle costs
  • How much could be left each month
  • How it compares with today
IT & communication

Cost of living in Grenada

EC$443/mo

vs EC$2,160 in your country

Take-home

EC$1,230

vs EC$3,240 in your country

Potential savings

EC$784

more than in your country

Standard of living

BasicModestTypicalComfortableAffluent

Under a minute, no sign-up

Frequently asked questions

What is the cost of living in Grenada?

A typical person in Grenada spends about EC$1,310 a month — around EC$15,700 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.

What is the standard of living in Grenada?

By spending, Grenada ranks #86 of 185 countries. A typical person spends about EC$1,310 a month, the poorest 20% about EC$443 and the richest 20% about EC$4,500. The gap between them shows how unevenly people live.

What is the cost of living in Grenada in US dollars?

The cost of living in Grenada is about $484 a month, or roughly $5,808 a year per person.

How much money do you need to live comfortably in Grenada?

It all depends on your standard of living. A modest budget runs about EC$443 a month per person, a typical one around EC$1,310, and a comfortable life around EC$2,040. In big cities and for a family, costs are usually higher.

Is Grenada an expensive country to live in?

Somewhat. Grenada is more expensive than 54% of countries worldwide and ranks 19th of 33 in Latin America by cost of living.

What currency is used in Grenada?

Grenada uses the East Caribbean Dollar (XCD). Amounts on this page are shown in it; the currency switcher converts them.

Where to live?

Score countries, regions and cities by what matters to you

Living in Grenada

See the full country overview