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Cost of living in Guyana

What a month costs, how prices compare with other countries

#41 by cost of living in the world#4 in Latin America

Monthly cost in Guyana

Spending runs from GYD 116,000 a month in the poorest fifth to GYD 696,000 in the richest

Per person, whole country

GYD 272,000

what a typical person spends in a month

Spending across the population

poorest 20%
GYD 116,000
richest 20%
GYD 696,000

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How living costs in Guyana compare

Neighbours, region and the world on the same monthly figure

monthly spend · % vs Guyana
1Guyana
GYD 272,000
2Trinidad and Tobago
GYD 161,000-41%
3Grenada
GYD 101,000-63%
4Brazil
GYD 86,600-68%
5Suriname
GYD 66,700-75%

What things cost here

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

More expensive than 57% of countries

Where Guyana 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 GYD 209,000 at world-middle prices costs GYD 225,000 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 Guyana

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

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Cost of living in Guyana

GYD 116,000/mo

vs GYD 167,000 in your country

Take-home

GYD 131,000

vs GYD 251,000 in your country

Potential savings

GYD 14,600

more than in your country

Standard of living

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Frequently asked questions

What is the cost of living in Guyana?

A typical person in Guyana spends about GYD 272,000 a month — around GYD 3,260,000 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 Guyana?

By spending, Guyana ranks #41 of 185 countries. A typical person spends about GYD 272,000 a month, the poorest 20% about GYD 116,000 and the richest 20% about GYD 696,000. The gap between them shows how unevenly people live.

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

The cost of living in Guyana is about $1,300 a month, or roughly $15,600 a year per person.

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

It all depends on your standard of living. A modest budget runs about GYD 116,000 a month per person, a typical one around GYD 272,000, and a comfortable life around GYD 383,000. In big cities and for a family, costs are usually higher.

Is the average salary in Guyana enough to live on?

Usually not quite. Average spending is about GYD 272,000 a month, while the average take-home pay in Guyana is about GYD 255,000. For more on incomes, see salaries in Guyana.

Is Guyana an expensive country to live in?

Yes. Guyana is more expensive than 78% of countries worldwide and ranks 4th of 33 in Latin America by cost of living.

What currency is used in Guyana?

Guyana uses the Guyanaese Dollar (GYD). Amounts on this page are shown in it; the currency switcher converts them.

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Living in Guyana

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