Cost of living in Grenada
What a month costs, how prices compare with other countries
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
EC$443richest 20%
EC$4,500
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How living costs in Grenada compare
Neighbours, region and the world on the same monthly figure
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
Pakistanmost expensive
Bermuda
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
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What it costs to live in Grenada
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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
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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.
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Living in Grenada
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