BVI
Cost of Living in the British Virgin Islands
Last updated on Jan 10, 2024
Summary: The cost of living in the British Virgin Islands is generally considered to be high. A nice one bedroom apartment can cost anywhere from $1,500 to $2,500 per month, while a nice two bedroom apartment can cost anywhere from $2,500 to $3,500 per month. The cost of dinner at a moderately priced restaurant can range from $20 to $50 per person.
Is the cost of living in the British Virgin Islands high?
We asked people how much they someone comfortably live on in the British Virgin Islands, they wrote:
"The cost of living in the British Virgin Islands is generally higher than in other Caribbean countries due to its higher standard of living. Prices for basic goods and services such as food, housing, transportation, and entertainment are all higher than in other Caribbean countries. Additionally, the cost of imported goods is also higher due to the islands' remote location. Despite the higher cost of living, the British Virgin Islands offer a high quality of life with a wide range of activities and amenities," said one expat in Brit. Virgin Isl..
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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.
Other Questions:
- What should I pack when moving to the British Virgin Islands?
- Where should I setup a bank account in the British Virgin Islands?
- Will I be able to find a job in the British Virgin Islands?
- What is life like as an expat in your area?
- What do expats in the British Virgin Islands appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in the British Virgin Islands?
- Is there a lot of diversity? Are people in the British Virgin Islands accepting of differences?
- What are the schools in the British Virgin Islands like?
- How are healthcare services in the British Virgin Islands?
- What are medical services in the British Virgin Islands like?
- Are healthcare and health insurance expensive in the British Virgin Islands?
- What are emergency services like in the British Virgin Islands?
- Will I need to travel to see a specialist?
- Are common prescription medications available in the British Virgin Islands?
- How are local medical facilities in the British Virgin Islands?
- As a foreigner living in the British Virgin Islands, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
