Published: Monday, 21th October 2024
The cost of living in Guyana is 2.26 times less expensive as compared to Trinidad and Tobago.
On this page, you will find side-by-side cost comparison between Guyana and Trinidad and Tobago. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Guyana and Trinidad and Tobago.
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Indicators | Guyana | Trinidad and Tobago |
---|---|---|
1 BHK Apartment in City Center | 60,000 GYD (288 USD) | 3,500 TTD (514.50 USD) |
2 BHK Apartment in City Center | 80,000 GYD (384 USD) | 5,500 TTD (808.50 USD) |
3 BHK Apartment in City Center | 120,000 GYD (576 USD) | 8,000 TTD (1,176 USD) |
1 BHK Apartment outside City Center | 30,000 GYD (144 USD) | 2,500 TTD (367.50 USD) |
2 BHK Apartment outside City Center | 40,000 GYD (192 USD) | 4,000 TTD (588 USD) |
3 BHK Apartment outside City Center | 60,000 GYD (288 USD) | 6,000 TTD (882 USD) |
Mortgage Rates Per Month | 8 % | 6 % |
Realtor Commission | 3 % | 3 % |
Property Taxes | Yet to Update | 0.5 to 3.0 % |
The average housing cost in Guyana is 2.21 times less expensive than Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Basic Home Furnishing | 300,000 GYD (1,440 USD) | 20,000 TTD (2,940 USD) |
Electricity Cost Per Month | 10,000 GYD (48 USD) | 200 TTD (29.40 USD) |
Heating Cost Per Month | 5,000 GYD (24 USD) | 150 TTD (22.05 USD) |
Cooling Cost Per Month | 4,000 GYD (19.20 USD) | 200 TTD (29.40 USD) |
Water Supply Cost Per Month | 3,000 GYD (14.40 USD) | 100 TTD (14.70 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 49.08% less for Utilities.
The basic home furnishing in Guyana costs 2.04 times less compared to Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Standard Wifi Cost Per Month | 3,000 GYD (14.40 USD) | 150 TTD (22.05 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 80 TTD (11.76 USD) |
Landline Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 50 TTD (7.35 USD) |
Cable TV Basic Plan Cost Per Month | 2,000 GYD (9.60 USD) | 200 TTD (29.40 USD) |
The internet and communication costs 52.38% less in Guyana compared to Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Long Grain Rice (1 KG) | 350 GYD (1.68 USD) | 12 TTD (1.76 USD) |
Milk (1 Liter) | 250 GYD (1.20 USD) | 10 TTD (1.47 USD) |
Water (1 Liter) | 70 GYD (0.34 USD) | 2 TTD (0.29 USD) |
Bread (500 gm) | 200 GYD (0.96 USD) | 6 TTD (0.88 USD) |
Eggs (1 Dozen) | 300 GYD (1.44 USD) | 20 TTD (2.94 USD) |
Cheese (1 KG) | 600 GYD (2.88 USD) | 40 TTD (5.88 USD) |
Chicken Breast (1 KG) | 400 GYD (1.92 USD) | 35 TTD (5.14 USD) |
In Guyana, the cost of 1 Liter Water and 1 Liter Milk is 1.15 times less expensive than the cost in Trinidad and Tobago.
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 43.31% less for Groceries.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Apples (1 KG) | 350 GYD (1.68 USD) | 15 TTD (2.21 USD) |
Bananas (1 KG) | 200 GYD (0.96 USD) | 10 TTD (1.47 USD) |
Oranges (1 KG) | 300 GYD (1.44 USD) | 12 TTD (1.76 USD) |
Tomatoes (1 KG) | 250 GYD (1.20 USD) | 8 TTD (1.18 USD) |
Potatoes (1 KG) | 200 GYD (0.96 USD) | 10 TTD (1.47 USD) |
Lemons (1 KG) | 300 GYD (1.44 USD) | 15 TTD (2.21 USD) |
Onions (1 KG) | 200 GYD (0.96 USD) | 12 TTD (1.76 USD) |
Lentils (1 KG) | 350 GYD (1.68 USD) | 15 TTD (2.21 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 1.38 times less for Fruits and Vegetables.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Meal at a Resonable Restaurant | 1,500 GYD (7.20 USD) | 80 TTD (11.76 USD) |
Three-Course Meal for Two | 3,500 GYD (16.80 USD) | 300 TTD (44.10 USD) |
Fast Food Combo Meal | 800 GYD (3.84 USD) | 40 TTD (5.88 USD) |
Normal Coffee | 400 GYD (1.92 USD) | 15 TTD (2.21 USD) |
Soft Drink | 200 GYD (0.96 USD) | 8 TTD (1.18 USD) |
Pizza for One | 1,500 GYD (7.20 USD) | 60 TTD (8.82 USD) |
Take-Out Delivery Meal | 1,000 GYD (4.80 USD) | 50 TTD (7.35 USD) |
Cigarette Pack of 20 | 300 GYD (1.44 USD) | 25 TTD (3.67 USD) |
Dining-Out costs 48.03% less in Guyana compared to Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Wine Mid-Range Bottle | 1,000 GYD (4.80 USD) | 120 TTD (17.64 USD) |
Glass of Wine | 500 GYD (2.40 USD) | 30 TTD (4.41 USD) |
Domestic Beer Half Liter | 250 GYD (1.20 USD) | 15 TTD (2.21 USD) |
Imported Beer Half Liter | 350 GYD (1.68 USD) | 25 TTD (3.67 USD) |
Domestic Alcohol 1 Liter | 600 GYD (2.88 USD) | 60 TTD (8.82 USD) |
Branded Alcohol 1 Liter | 800 GYD (3.84 USD) | 100 TTD (14.70 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 3.06 times less for usual hard drinks.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Monthly Public Transportation Pass | 6,000 GYD (28.80 USD) | 300 TTD (44.10 USD) |
Single Public Transportation Ticket | 400 GYD (1.92 USD) | 5 TTD (0.73 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 15,000 GYD (72 USD) | 500 TTD (73.50 USD) |
Taxi Start Fare | 500 GYD (2.40 USD) | 20 TTD (2.94 USD) |
Taxi Rate Per Kilometer | 150 GYD (0.72 USD) | 10 TTD (1.47 USD) |
Car Rental Per Day | 4,000 GYD (19.20 USD) | 200 TTD (29.40 USD) |
Parking Fees in City Center Per Hour | 500 GYD (2.40 USD) | 20 TTD (2.94 USD) |
Parking Fees outside City Center Per Hour | 250 GYD (1.20 USD) | 10 TTD (1.47 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 1.22 times less for transportation.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,000,000 GYD (4,800 USD) | 100,000 TTD (14,700 USD) |
Vehicle Registration Cost | 5,000 GYD (24 USD) | 200 TTD (29.40 USD) |
Driving License Fees | 2,000 GYD (9.60 USD) | 200 TTD (29.40 USD) |
Car Insurance Cost | 60,000 GYD (288 USD) | 1,200 TTD (176.40 USD) |
Car Maintenance Cost | 15,000 GYD (72 USD) | 400 TTD (58.80 USD) |
Car Loan Interest Rates | 10 % | 7 % |
Fuel Per Liter | 200 GYD (0.96 USD) | 7 TTD (1.03 USD) |
Fuel Per Gallon | 760 GYD (3.65 USD) | 30 TTD (4.41 USD) |
Average Toll Fees | 500 GYD 2.40 USD | Yet to Update |
You would have to pay 2.88 times less for Vehicle purchase, daily operation and maintenance in Guyana compared to that of Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Doctor Visit | 1,500 GYD (7.20 USD) | 150 TTD (22.05 USD) |
Specialist Visit | 2,000 GYD (9.60 USD) | 300 TTD (44.10 USD) |
Dentist Visit | 1,000 GYD (4.80 USD) | 200 TTD (29.40 USD) |
Eye Exam | 500 GYD (2.40 USD) | 50 TTD (7.35 USD) |
Mental Health Counseling | 1,500 GYD (7.20 USD) | 200 TTD (29.40 USD) |
Preventive Health Screening | 800 GYD (3.84 USD) | 50 TTD (7.35 USD) |
Physical Therapy | 1,000 GYD (4.80 USD) | 150 TTD (22.05 USD) |
Emergency Room Visit | 2,000 GYD (9.60 USD) | 300 TTD (44.10 USD) |
Hospital Stay Per Night | 3,000 GYD (14.40 USD) | 800 TTD (117.60 USD) |
Vaccinations | 500 GYD (2.40 USD) | 20 TTD (2.94 USD) |
Prescription Medication | 300 GYD (1.44 USD) | 20 TTD (2.94 USD) |
Over the Counter Medication | 200 GYD (0.96 USD) | 10 TTD (1.47 USD) |
Health Insurance Premiums | 10,000 GYD (48 USD) | 500 TTD (73.50 USD) |
Health Insurance Deductibles | 2,000 GYD (9.60 USD) | 1,000 TTD (147 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 4.37 times less for Health and Medical Treatment.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Cosmetic Procedures | 2,000 GYD (9.60 USD) | 1,000 TTD (147 USD) |
Spa Treatment | 500 GYD (2.40 USD) | 300 TTD (44.10 USD) |
Manicure Pedicure Cost | 200 GYD (0.96 USD) | 100 TTD (14.70 USD) |
Optical Glasses Cost | 1,000 GYD (4.80 USD) | 200 TTD (29.40 USD) |
Contact Lenses Cost | 500 GYD (2.40 USD) | 100 TTD (14.70 USD) |
Haircuts | 500 GYD (2.40 USD) | 50 TTD (7.35 USD) |
Hair Coloring | 1,000 GYD (4.80 USD) | 150 TTD (22.05 USD) |
Shampoo Price | 200 GYD (0.96 USD) | 15 TTD (2.21 USD) |
Toothpaste Price | 100 GYD (0.48 USD) | 5 TTD (0.73 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 9.80 times less for Personal Care Items and Treatment.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Pair of Nike Running Shoes | 5,000 GYD (24 USD) | 600 TTD (88.20 USD) |
Men's Shirt | 2,000 GYD (9.60 USD) | 150 TTD (22.05 USD) |
Women's Dress | 2,000 GYD (9.60 USD) | 200 TTD (29.40 USD) |
Summer Dress | 1,500 GYD (7.20 USD) | 100 TTD (14.70 USD) |
Men's Suit | 8,000 GYD (38.40 USD) | 1,000 TTD (147 USD) |
Men's Jeans | 2,500 GYD (12 USD) | 200 TTD (29.40 USD) |
Women's Jeans | 1,500 GYD (7.20 USD) | 150 TTD (22.05 USD) |
Men's Formal Shoes | 2,000 GYD (9.60 USD) | 200 TTD (29.40 USD) |
Women's Formal Shoes | 1,500 GYD (7.20 USD) | 200 TTD (29.40 USD) |
Men's Casual Shoes | 1,500 GYD (7.20 USD) | 150 TTD (22.05 USD) |
Women's Casual Shoes | 1,000 GYD (4.80 USD) | 150 TTD (22.05 USD) |
Underwear For Men | 500 GYD (2.40 USD) | 20 TTD (2.94 USD) |
Underwear For Women | 600 GYD (2.88 USD) | 20 TTD (2.94 USD) |
Socks For Men | 200 GYD (0.96 USD) | 10 TTD (1.47 USD) |
Socks For Women | 250 GYD (1.20 USD) | 10 TTD (1.47 USD) |
Wintercoat for Adults | 3,000 GYD (14.40 USD) | 200 TTD (29.40 USD) |
Sportswear | 1,000 GYD (4.80 USD) | 100 TTD (14.70 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 3.11 times less for Clothing and Footwear for Adults.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Children's Jeans | 800 GYD (3.84 USD) | 50 TTD (7.35 USD) |
Children's Normal Sneakers | 1,000 GYD (4.80 USD) | 75 TTD (11.02 USD) |
Children's Winter Coat | 1,500 GYD (7.20 USD) | 100 TTD (14.70 USD) |
Daycare for Infant | 30,000 GYD (144 USD) | 1,000 TTD (147 USD) |
Daycare for Toddler | 20,000 GYD (96 USD) | 800 TTD (117.60 USD) |
Childcare for Sick Days | 1,000 GYD (4.80 USD) | 200 TTD (29.40 USD) |
Early Childhood Education Programs | 20,000 GYD (96 USD) | 800 TTD (117.60 USD) |
Extra Curricular Activities | 5,000 GYD (24 USD) | 400 TTD (58.80 USD) |
Summer Camp for Kids | 10,000 GYD (48 USD) | 500 TTD (73.50 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 1.35 times less for Childcare and kids clothing.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
PreSchool Fees | 15,000 GYD (72 USD) | 1,200 TTD (176.40 USD) |
Primary School Fees | 30,000 GYD (144 USD) | 1,500 TTD (220.50 USD) |
Secondary School Fees | 45,000 GYD (216 USD) | 2,000 TTD (294 USD) |
Private School Fees | 80,000 GYD (384 USD) | 3,000 TTD (441 USD) |
University Tuition Fees | 150,000 GYD (720 USD) | 6,000 TTD (882 USD) |
University Private Tuition Fees | 200,000 GYD (960 USD) | 10,000 TTD (1,470 USD) |
After School Activities | 5,000 GYD (24 USD) | 400 TTD (58.80 USD) |
Special Education Services | 10,000 GYD (48 USD) | 500 TTD (73.50 USD) |
Tutoring | 1,000 GYD (4.80 USD) | 300 TTD (44.10 USD) |
Textbooks Cost | 1,000 GYD (4.80 USD) | 150 TTD (22.05 USD) |
School Supplies | 800 GYD (3.84 USD) | 100 TTD (14.70 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 1.43 times less for school and education.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Movie Ticket (Single) | 500 GYD (2.40 USD) | 40 TTD (5.88 USD) |
Theater Ticket (Single) | 1,000 GYD (4.80 USD) | 80 TTD (11.76 USD) |
Concert Ticket (Single) | 1,500 GYD (7.20 USD) | 100 TTD (14.70 USD) |
Sports Event Ticket (Single) | 1,200 GYD (5.76 USD) | 60 TTD (8.82 USD) |
Gym Membership | 2,000 GYD (9.60 USD) | 200 TTD (29.40 USD) |
Swimming Pool Access | 500 GYD (2.40 USD) | 100 TTD (14.70 USD) |
Museum Entry Ticket | 300 GYD (1.44 USD) | 20 TTD (2.94 USD) |
Zoo Entry Ticket | 400 GYD (1.92 USD) | 30 TTD (4.41 USD) |
Amusement Park Entry Ticket | 600 GYD (2.88 USD) | 60 TTD (8.82 USD) |
Bowling | 400 GYD (1.92 USD) | 50 TTD (7.35 USD) |
Mini Golf | 400 GYD (1.92 USD) | 60 TTD (8.82 USD) |
Video Games | 1,200 GYD (5.76 USD) | 200 TTD (29.40 USD) |
Streaming Services | 800 GYD (3.84 USD) | 50 TTD (7.35 USD) |
Outdoor Equipment Rental | 500 GYD (2.40 USD) | 100 TTD (14.70 USD) |
Theme Park Annual Pass | 10,000 GYD (48 USD) | 1,000 TTD (147 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 3.09 times less for entertainment, recreation and fun activities.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Language Classes | 5,000 GYD (24 USD) | 300 TTD (44.10 USD) |
Parenting Classes | 2,000 GYD (9.60 USD) | 300 TTD (44.10 USD) |
Art Classes | 800 GYD (3.84 USD) | 100 TTD (14.70 USD) |
Fitness Classes | 500 GYD (2.40 USD) | 100 TTD (14.70 USD) |
Music Lessons | 1,000 GYD (4.80 USD) | 200 TTD (29.40 USD) |
Dance Lessons | 1,000 GYD (4.80 USD) | 150 TTD (22.05 USD) |
Reading Materials for Classes | 300 GYD (1.44 USD) | 20 TTD (2.94 USD) |
Educational Software | 3,000 GYD (14.40 USD) | 200 TTD (29.40 USD) |
If you lived in Guyana, instead of Trinidad and Tobago, you would have to pay 3.09 times less for Private Classes.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Average Gross Monthly Salary | 120,000 GYD (576 USD) | 8,000 TTD (1,176 USD) |
Average Net Monthly Salary | 90,000 GYD (432 USD) | 6,000 TTD (882 USD) |
Minimum Wages | 1,000 GYD per hour (4.80 USD) | 83.33 TTD per hour (12.25 USD) |
Average Bonus | 10,000 GYD (48 USD) | 500 TTD (73.50 USD) |
Income Tax Rate | 0 to 14 % | 0 to 12.5 % |
Social Security Contributions | 10 % | 12 % |
Pension Contributions | 8 % | 7 % |
Cost of Living Index | 90 | 55 |
Median Household Income | 150,000 GYD (720 USD) | 5,000 TTD (735 USD) |
If you lived in Guyana, you would earn 1.62 times less salary as compared to Trinidad and Tobago.
Indicators | Guyana | Trinidad and Tobago |
---|---|---|
Legal Consultation Per Hour Rate | 2,000 GYD (9.60 USD) | 300 TTD (44.10 USD) |
Accounting Services Per Hour Rate | 1,500 GYD (7.20 USD) | 200 TTD (29.40 USD) |
IT Support Services Per Hour Rate | 1,200 GYD (5.76 USD) | 150 TTD (22.05 USD) |
Technician Services Per Hour Rate | 1,000 GYD (4.80 USD) | 100 TTD (14.70 USD) |
Professional Services cost 4.03 times less in Guyana, as compared to Trinidad and Tobago.
We hope you enjoyed the detailed guide on the cost of living comparsion between Guyana and Trinidad and Tobago.
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