Cost of Living in Trinidad & Tobago

Last updated on Nov 27, 2021

Summary: What is the cost of living in Trinidad & Tobago? Hear what expats, digital nomads and retirees living in Trinidad & Tobago have to say about the cost of housing, health insurance and general living costs.

What is the average cost of housing in Trinidad & Tobago?

If you are thinking about moving to Trinidad & Tobago, cost of living in probably a key consideration. Expats commented about the cost of housing:

"Lower. If you want the false security of where expats live (and thus to me, a target for when SHTF) you are going to pay crazy high prices because Trinis rent these houses to corporations and get big money from them. If you live in a nice community without expats in Trinidad, it is much more reasonable. My house is $2,800US with 5 bedroom, 5 bath, all stainless kitchen, pool, jacuzzi, view and I'm right by Chaguaramus, beaches, and town. The one road in and out sucks but nothing is perfect. PS - my electric bill per month is the equivalent of $150US - I paid $350 a month in the summer to cool my ranch house in the US!!," said another expat in Carenage.

"Yes, the housing is double and maybe even triple in some areas. Average housing is $4000 US to $7000 US. Furnished housings go for more when available. **Utilities are cheaper than Houston. Cable / Internet and Electric are 1/4 the price we paid in the states," remarked another in Port of Spain.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.