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North America · Saint George's

Cost of living in Grenada

Grenada is 41% cheaper than the US, ranking #66 of 203 countries we cover for cost of living.

World Bank data through 2024 · last reviewed 2026-06.

Cost of living · US = 100
58.9
Ranks #66 of 203 · 41% cheaper than the US
GDP / capita (PPP)
$20,178
GNI / capita (PPP)
$18,220
Inflation · YoY
1.1%
Population
117.2K
Capital
Saint George's
Density
344 /km²
Urban
37%
Area
340 km²

What drives the cost here

Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.

In Grenada, food & groceries is the priciest category relative to the world (166), while housing & utilities is the most affordable (56).

Food & groceries 166
Communication 159
Transport 150
Restaurants & hotels 92
Health 74
Housing & utilities 56

Category price levels: World Bank ICP 2021 (world average = 100) · source

Grenada on the map
🌍Grenada

What your money is worth here

A $100,000 US lifestyle would cost roughly $59,000 in Grenada.

Quality of life

76/100 · #105 of 198

Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
76 / 100
Our transparent equal-weight composite
Life expectancy
75 yrs
World Bank · 2024 · source
Safety · homicide /100k
13.7
UNODC · 2023 · source
Infant mortality /1k
16
World Bank · 2024 · source
Internet users
70%
ITU · 2024 · source
Safe drinking water
90%
WHO/UNICEF · 2017 · source
Air quality · PM2.5
25 µg/m³
WHO · 2020 · source

About Grenada

The indigenous Carib people inhabited Grenada when Christopher COLUMBUS landed on the island in 1498, but it remained uncolonized for more than a century. The French settled Grenada in the 17th century, established sugar estates, and imported large numbers of African slaves. Britain took the island in 1762 and vigorously expanded sugar production. In the 19th century, cacao eventually surpassed sugar as the main export crop; in the 20th century, nutmeg became the leading export.

Read the full background

In 1967, Britain gave Grenada autonomy over its internal affairs. Full independence was attained in 1974, making Grenada one of the smallest independent countries in the Western Hemisphere. In 1979, a leftist New Jewel Movement seized power under Maurice BISHOP, ushering in the Grenada Revolution. On 19 October 1983, factions within the revolutionary government overthrew and killed BISHOP and members of his party. Six days later, US forces and those of six other Caribbean nations intervened, quickly capturing the ringleaders and their hundreds of Cuban advisers. Rule of law was restored, and democratic elections were reinstituted the following year and have continued since.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Grenada expensive to live in?

Grenada is 41% cheaper than the US, ranking #66 of the 203 countries we track. Its most expensive category relative to the world is food & groceries; housing & utilities costs the least.

How much money do you need to live in Grenada?

A lifestyle that costs $100,000 in the United States would cost roughly $59,000 in Grenada, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Grenada cheaper than the United States?

Yes. Its overall price level is 58.9, against 100 for the United States.

What is the quality of life in Grenada?

Grenada scores 76 out of 100 on our quality-of-life index (#105 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 75 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal ÷ PPP GDP per capita, indexed to the US
58.9
GDP per capita (PPP)
World Bank · 2024 · source
$20,178
GNI per capita (PPP)
World Bank · 2024 · source
$18,220
Inflation (annual %)
World Bank · 2024 · source
1.1%
Population
World Bank · 2024 · source
117.2K
Population density
World Bank · 2023 · source
344 /km²
Urban population
World Bank · 2024 · source
37%
Surface area
World Bank · 2023 · source
340 km²

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