MigrantoCost of living in Grenada
Average monthly spending, by standard of living and against other countries
Monthly cost
EC$1,310
what a typical person spends
Spending by standard of living
EC$443richest 20%
EC$4,500
Grenada grows its own spice and sells it the world over, but nearly everything else is brought in. That import bill, together with the steady pull of visitors, keeps a normal life pricier than a small island might suggest. And the distance between living well here and just holding on is stark — comfort and hardship share the same small place.
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
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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How living costs in Grenada compare
Grenada comes out mid-range for Latin America, and mid-range for the world right alongside it. It costs more than the globe's cheapest places and stays well clear of its priciest, so for anyone deciding it's a country that won't shock the budget in either direction — just one you'll feel.
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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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 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.
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Living in Grenada
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