Cost of Living in Martinique
Last updated on May 16, 2023
Summary: The cost of living in Martinique is generally considered to be quite reasonable. A nice 1 bedroom apartment in Martinique can cost anywhere from $500 to $1,000 per month, while a nice 2 bedroom apartment can cost from $800 to $1,500 per month. The cost of dinner at a moderately priced restaurant in Martinique is usually around $20 per person.
Is the cost of living in Martinique high?
We asked people how much they someone comfortably live on in Martinique, they wrote:
"The cost of living in Martinique is generally considered to be quite reasonable. Prices for basic necessities such as food, housing, and transportation are generally lower than in other Caribbean countries. However, the cost of imported goods and services can be more expensive than in other countries. Additionally, the cost of entertainment and leisure activities can be quite high, as Martinique is a popular tourist destination," remarked one in Martinique.
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Will I save money living in Martinique?
"Living in Martinique may be more affordable than living in the United States due to the lower cost of living. The cost of housing, food, and transportation are generally lower in Martinique than in the United States. Additionally, Martinique has a lower tax rate than the United States, which can help to reduce overall living expenses," wrote a person living in Martinique.
What is the average cost of housing in Martinique?
If you are thinking about moving to Martinique, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Martinique varies depending on the location and type of accommodation. Generally, the cost of renting an apartment or house in Martinique is relatively affordable compared to other Caribbean islands. Prices for a one-bedroom apartment in a city center can range from around €400 to €800 per month, while a three-bedroom apartment in a more rural area can cost around €600 to €1,000 per month," explained one expat.
"Housing cost are double the amount in comparison to USA. A typical 3 bedroom apartment in Missouri could cost you around $500-$1000. Here no less than $800 to start. It's very common for a three bedroom small apartment to cost €1200 average," said one person in Scholcher.
What are typical rental prices for expats in Martinique?
"Below €1,000 you could find a lot of rental properties in general areas around the island. Sometime you can find a 4 bedroom. everything really depends on how much you search. Each area is almost identical when it comes to prices of rent; However, you can find cheaper apartments in Fort de France, sometimes; seasonal renting seems to be a lot higher. Between 30 to 100€ per night," said an expat in Scholcher.
"The rental price for a nice 1 bedroom apartment in Martinique can range from around $500 to $1,000 per month, while a nice 2 bedroom apartment can range from around $800 to $1,500 per month," commented one expat living in Martinique.
What appliances are typically included in a rental?
We asked foreigners in Martinique what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"Rental properties in Martinique typically include a refrigerator, stove, oven, microwave, washing machine, and dryer. Additionally, some properties may include air conditioning, a dishwasher, and other small appliances," said an expat in Martinique.
"Usually when renting a property you get a stove, and sometimes a fridge. Some apartments or homes come fully furnished. Especially because this is a tourists island," commented one expat living in Scholcher, Martinique.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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