Published: Monday, 21th October 2024
The cost of living in Trinidad and Tobago is 2.58 times less expensive as compared to Barbados.
On this page, you will find side-by-side cost comparison between Trinidad and Tobago and Barbados. 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 Trinidad and Tobago and Barbados.
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Indicators | Trinidad and Tobago | Barbados |
---|---|---|
1 BHK Apartment in City Center | 3,500 TTD (514.50 USD) | 2,500 BBD (1,250 USD) |
2 BHK Apartment in City Center | 5,500 TTD (808.50 USD) | 3,800 BBD (1,900 USD) |
3 BHK Apartment in City Center | 8,000 TTD (1,176 USD) | 5,000 BBD (2,500 USD) |
1 BHK Apartment outside City Center | 2,500 TTD (367.50 USD) | 1,800 BBD (900 USD) |
2 BHK Apartment outside City Center | 4,000 TTD (588 USD) | 2,700 BBD (1,350 USD) |
3 BHK Apartment outside City Center | 6,000 TTD (882 USD) | 3,600 BBD (1,800 USD) |
Mortgage Rates Per Month | 6 % | 6.85 % |
Realtor Commission | 3 % | 5 % |
Property Taxes | 0.5 to 3.0 % | 0.1 to 0.75 % |
The average housing cost in Trinidad and Tobago is 2.28 times less expensive than Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Basic Home Furnishing | 20,000 TTD (2,940 USD) | 4,000 BBD (2,000 USD) |
Electricity Cost Per Month | 200 TTD (29.40 USD) | 250 BBD (125 USD) |
Heating Cost Per Month | 150 TTD (22.05 USD) | 150 BBD (75 USD) |
Cooling Cost Per Month | 200 TTD (29.40 USD) | 100 BBD (50 USD) |
Water Supply Cost Per Month | 100 TTD (14.70 USD) | 50 BBD (25 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 33.43% more for Utilities.
The basic home furnishing in Trinidad and Tobago costs 1.47 times more compared to Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Standard Wifi Cost Per Month | 150 TTD (22.05 USD) | 150 BBD (75 USD) |
Mobile Phone Basic Plan Cost Per Month | 80 TTD (11.76 USD) | 100 BBD (50 USD) |
Landline Basic Plan Cost Per Month | 50 TTD (7.35 USD) | 40 BBD (20 USD) |
Cable TV Basic Plan Cost Per Month | 200 TTD (29.40 USD) | 100 BBD (50 USD) |
The internet and communication costs 63.82% less in Trinidad and Tobago compared to Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Long Grain Rice (1 KG) | 12 TTD (1.76 USD) | 6 BBD (3 USD) |
Milk (1 Liter) | 10 TTD (1.47 USD) | 4 BBD (2 USD) |
Water (1 Liter) | 2 TTD (0.29 USD) | 2 BBD (1 USD) |
Bread (500 gm) | 6 TTD (0.88 USD) | 5 BBD (2.50 USD) |
Eggs (1 Dozen) | 20 TTD (2.94 USD) | 8 BBD (4 USD) |
Cheese (1 KG) | 40 TTD (5.88 USD) | 20 BBD (10 USD) |
Chicken Breast (1 KG) | 35 TTD (5.14 USD) | 12 BBD (6 USD) |
In Trinidad and Tobago, the cost of 1 Liter Water and 1 Liter Milk is 1.70 times less expensive than the cost in Barbados.
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 35.53% less for Groceries.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Apples (1 KG) | 15 TTD (2.21 USD) | 10 BBD (5 USD) |
Bananas (1 KG) | 10 TTD (1.47 USD) | 4 BBD (2 USD) |
Oranges (1 KG) | 12 TTD (1.76 USD) | 8 BBD (4 USD) |
Tomatoes (1 KG) | 8 TTD (1.18 USD) | 10 BBD (5 USD) |
Potatoes (1 KG) | 10 TTD (1.47 USD) | 5 BBD (2.50 USD) |
Lemons (1 KG) | 15 TTD (2.21 USD) | 6 BBD (3 USD) |
Onions (1 KG) | 12 TTD (1.76 USD) | 4 BBD (2 USD) |
Lentils (1 KG) | 15 TTD (2.21 USD) | 7 BBD (3.50 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.89 times less for Fruits and Vegetables.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Meal at a Resonable Restaurant | 80 TTD (11.76 USD) | 30 BBD (15 USD) |
Three-Course Meal for Two | 300 TTD (44.10 USD) | 150 BBD (75 USD) |
Fast Food Combo Meal | 40 TTD (5.88 USD) | 12 BBD (6 USD) |
Normal Coffee | 15 TTD (2.21 USD) | 5 BBD (2.50 USD) |
Soft Drink | 8 TTD (1.18 USD) | 3 BBD (1.50 USD) |
Pizza for One | 60 TTD (8.82 USD) | 20 BBD (10 USD) |
Take-Out Delivery Meal | 50 TTD (7.35 USD) | 25 BBD (12.50 USD) |
Cigarette Pack of 20 | 25 TTD (3.67 USD) | 12 BBD (6 USD) |
Dining-Out costs 33.88% less in Trinidad and Tobago compared to Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Wine Mid-Range Bottle | 120 TTD (17.64 USD) | 30 BBD (15 USD) |
Glass of Wine | 30 TTD (4.41 USD) | 10 BBD (5 USD) |
Domestic Beer Half Liter | 15 TTD (2.21 USD) | 4 BBD (2 USD) |
Imported Beer Half Liter | 25 TTD (3.67 USD) | 6 BBD (3 USD) |
Domestic Alcohol 1 Liter | 60 TTD (8.82 USD) | 25 BBD (12.50 USD) |
Branded Alcohol 1 Liter | 100 TTD (14.70 USD) | 40 BBD (20 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.12 times less for usual hard drinks.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Monthly Public Transportation Pass | 300 TTD (44.10 USD) | 100 BBD (50 USD) |
Single Public Transportation Ticket | 5 TTD (0.73 USD) | 2 BBD (1 USD) |
Single Train Ticket | Yet to Update () | 120 BBD (60 USD) |
Domestic Airplane Ticket | 500 TTD (73.50 USD) | 200 BBD (100 USD) |
Taxi Start Fare | 20 TTD (2.94 USD) | 10 BBD (5 USD) |
Taxi Rate Per Kilometer | 10 TTD (1.47 USD) | 3 BBD (1.50 USD) |
Car Rental Per Day | 200 TTD (29.40 USD) | 80 BBD (40 USD) |
Parking Fees in City Center Per Hour | 20 TTD (2.94 USD) | 3 BBD (1.50 USD) |
Parking Fees outside City Center Per Hour | 10 TTD (1.47 USD) | 1 BBD (0.50 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.66 times less for transportation.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Reasonable Vehicle Purchase Cost | 100,000 TTD (14,700 USD) | 60,000 BBD (30,000 USD) |
Vehicle Registration Cost | 200 TTD (29.40 USD) | 400 BBD (200 USD) |
Driving License Fees | 200 TTD (29.40 USD) | 100 BBD (50 USD) |
Car Insurance Cost | 1,200 TTD (176.40 USD) | 1,000 BBD (500 USD) |
Car Maintenance Cost | 400 TTD (58.80 USD) | 300 BBD (150 USD) |
Car Loan Interest Rates | 7 % | 6 % |
Fuel Per Liter | 7 TTD (1.03 USD) | 3 BBD (1.50 USD) |
Fuel Per Gallon | 30 TTD (4.41 USD) | 11.36 BBD (5.68 USD) |
Average Toll Fees | Yet to Update | 2 BBD 1 USD |
You would have to pay 2.06 times less for Vehicle purchase, daily operation and maintenance in Trinidad and Tobago compared to that of Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Doctor Visit | 150 TTD (22.05 USD) | 100 BBD (50 USD) |
Specialist Visit | 300 TTD (44.10 USD) | 200 BBD (100 USD) |
Dentist Visit | 200 TTD (29.40 USD) | 150 BBD (75 USD) |
Eye Exam | 50 TTD (7.35 USD) | 80 BBD (40 USD) |
Mental Health Counseling | 200 TTD (29.40 USD) | 150 BBD (75 USD) |
Preventive Health Screening | 50 TTD (7.35 USD) | 100 BBD (50 USD) |
Physical Therapy | 150 TTD (22.05 USD) | 100 BBD (50 USD) |
Emergency Room Visit | 300 TTD (44.10 USD) | 300 BBD (150 USD) |
Hospital Stay Per Night | 800 TTD (117.60 USD) | 1,000 BBD (500 USD) |
Vaccinations | 20 TTD (2.94 USD) | 60 BBD (30 USD) |
Prescription Medication | 20 TTD (2.94 USD) | 50 BBD (25 USD) |
Over the Counter Medication | 10 TTD (1.47 USD) | 20 BBD (10 USD) |
Health Insurance Premiums | 500 TTD (73.50 USD) | 500 BBD (250 USD) |
Health Insurance Deductibles | 1,000 TTD (147 USD) | 1,000 BBD (500 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 3.46 times less for Health and Medical Treatment.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Cosmetic Procedures | 1,000 TTD (147 USD) | 2,000 BBD (1,000 USD) |
Spa Treatment | 300 TTD (44.10 USD) | 100 BBD (50 USD) |
Manicure Pedicure Cost | 100 TTD (14.70 USD) | 40 BBD (20 USD) |
Optical Glasses Cost | 200 TTD (29.40 USD) | 200 BBD (100 USD) |
Contact Lenses Cost | 100 TTD (14.70 USD) | 100 BBD (50 USD) |
Haircuts | 50 TTD (7.35 USD) | 30 BBD (15 USD) |
Hair Coloring | 150 TTD (22.05 USD) | 50 BBD (25 USD) |
Shampoo Price | 15 TTD (2.21 USD) | 10 BBD (5 USD) |
Toothpaste Price | 5 TTD (0.73 USD) | 5 BBD (2.50 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 4.49 times less for Personal Care Items and Treatment.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Pair of Nike Running Shoes | 600 TTD (88.20 USD) | 120 BBD (60 USD) |
Men's Shirt | 150 TTD (22.05 USD) | 50 BBD (25 USD) |
Women's Dress | 200 TTD (29.40 USD) | 80 BBD (40 USD) |
Summer Dress | 100 TTD (14.70 USD) | 60 BBD (30 USD) |
Men's Suit | 1,000 TTD (147 USD) | 300 BBD (150 USD) |
Men's Jeans | 200 TTD (29.40 USD) | 80 BBD (40 USD) |
Women's Jeans | 150 TTD (22.05 USD) | 60 BBD (30 USD) |
Men's Formal Shoes | 200 TTD (29.40 USD) | 150 BBD (75 USD) |
Women's Formal Shoes | 200 TTD (29.40 USD) | 150 BBD (75 USD) |
Men's Casual Shoes | 150 TTD (22.05 USD) | 100 BBD (50 USD) |
Women's Casual Shoes | 150 TTD (22.05 USD) | 100 BBD (50 USD) |
Underwear For Men | 20 TTD (2.94 USD) | 20 BBD (10 USD) |
Underwear For Women | 20 TTD (2.94 USD) | 20 BBD (10 USD) |
Socks For Men | 10 TTD (1.47 USD) | 10 BBD (5 USD) |
Socks For Women | 10 TTD (1.47 USD) | 10 BBD (5 USD) |
Wintercoat for Adults | 200 TTD (29.40 USD) | 150 BBD (75 USD) |
Sportswear | 100 TTD (14.70 USD) | 100 BBD (50 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.53 times less for Clothing and Footwear for Adults.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Children's Jeans | 50 TTD (7.35 USD) | 40 BBD (20 USD) |
Children's Normal Sneakers | 75 TTD (11.02 USD) | 60 BBD (30 USD) |
Children's Winter Coat | 100 TTD (14.70 USD) | 80 BBD (40 USD) |
Daycare for Infant | 1,000 TTD (147 USD) | 500 BBD (250 USD) |
Daycare for Toddler | 800 TTD (117.60 USD) | 450 BBD (225 USD) |
Childcare for Sick Days | 200 TTD (29.40 USD) | 80 BBD (40 USD) |
Early Childhood Education Programs | 800 TTD (117.60 USD) | 400 BBD (200 USD) |
Extra Curricular Activities | 400 TTD (58.80 USD) | 60 BBD (30 USD) |
Summer Camp for Kids | 500 TTD (73.50 USD) | 500 BBD (250 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.88 times less for Childcare and kids clothing.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
PreSchool Fees | 1,200 TTD (176.40 USD) | 400 BBD (200 USD) |
Primary School Fees | 1,500 TTD (220.50 USD) | 600 BBD (300 USD) |
Secondary School Fees | 2,000 TTD (294 USD) | 800 BBD (400 USD) |
Private School Fees | 3,000 TTD (441 USD) | 1,200 BBD (600 USD) |
University Tuition Fees | 6,000 TTD (882 USD) | 5,000 BBD (2,500 USD) |
University Private Tuition Fees | 10,000 TTD (1,470 USD) | 10,000 BBD (5,000 USD) |
After School Activities | 400 TTD (58.80 USD) | 100 BBD (50 USD) |
Special Education Services | 500 TTD (73.50 USD) | 300 BBD (150 USD) |
Tutoring | 300 TTD (44.10 USD) | 50 BBD (25 USD) |
Textbooks Cost | 150 TTD (22.05 USD) | 200 BBD (100 USD) |
School Supplies | 100 TTD (14.70 USD) | 100 BBD (50 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 2.54 times less for school and education.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Movie Ticket (Single) | 40 TTD (5.88 USD) | 20 BBD (10 USD) |
Theater Ticket (Single) | 80 TTD (11.76 USD) | 40 BBD (20 USD) |
Concert Ticket (Single) | 100 TTD (14.70 USD) | 80 BBD (40 USD) |
Sports Event Ticket (Single) | 60 TTD (8.82 USD) | 60 BBD (30 USD) |
Gym Membership | 200 TTD (29.40 USD) | 100 BBD (50 USD) |
Swimming Pool Access | 100 TTD (14.70 USD) | 50 BBD (25 USD) |
Museum Entry Ticket | 20 TTD (2.94 USD) | 20 BBD (10 USD) |
Zoo Entry Ticket | 30 TTD (4.41 USD) | 15 BBD (7.50 USD) |
Amusement Park Entry Ticket | 60 TTD (8.82 USD) | 30 BBD (15 USD) |
Bowling | 50 TTD (7.35 USD) | 20 BBD (10 USD) |
Mini Golf | 60 TTD (8.82 USD) | 25 BBD (12.50 USD) |
Video Games | 200 TTD (29.40 USD) | 60 BBD (30 USD) |
Streaming Services | 50 TTD (7.35 USD) | 15 BBD (7.50 USD) |
Outdoor Equipment Rental | 100 TTD (14.70 USD) | 40 BBD (20 USD) |
Theme Park Annual Pass | 1,000 TTD (147 USD) | 300 BBD (150 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.38 times less for entertainment, recreation and fun activities.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Language Classes | 300 TTD (44.10 USD) | 100 BBD (50 USD) |
Parenting Classes | 300 TTD (44.10 USD) | 50 BBD (25 USD) |
Art Classes | 100 TTD (14.70 USD) | 30 BBD (15 USD) |
Fitness Classes | 100 TTD (14.70 USD) | 20 BBD (10 USD) |
Music Lessons | 200 TTD (29.40 USD) | 30 BBD (15 USD) |
Dance Lessons | 150 TTD (22.05 USD) | 25 BBD (12.50 USD) |
Reading Materials for Classes | 20 TTD (2.94 USD) | 20 BBD (10 USD) |
Educational Software | 200 TTD (29.40 USD) | 50 BBD (25 USD) |
If you lived in Trinidad and Tobago, instead of Barbados, you would have to pay 1.24 times more for Private Classes.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Average Gross Monthly Salary | 8,000 TTD (1,176 USD) | 4,000 BBD (2,000 USD) |
Average Net Monthly Salary | 6,000 TTD (882 USD) | 3,000 BBD (1,500 USD) |
Minimum Wages | 83.33 TTD per hour (12.25 USD) | 33.33 BBD per hour (16.67 USD) |
Average Bonus | 500 TTD (73.50 USD) | 1,000 BBD (500 USD) |
Income Tax Rate | 0 to 12.5 % | 0 to 17.5 % |
Social Security Contributions | 12 % | 8 % |
Pension Contributions | 7 % | 5 % |
Cost of Living Index | 55 | 75 |
Median Household Income | 5,000 TTD (735 USD) | 40,000 BBD (20,000 USD) |
If you lived in Trinidad and Tobago, you would earn 8.34 times less salary as compared to Barbados.
Indicators | Trinidad and Tobago | Barbados |
---|---|---|
Legal Consultation Per Hour Rate | 300 TTD (44.10 USD) | 200 BBD (100 USD) |
Accounting Services Per Hour Rate | 200 TTD (29.40 USD) | 100 BBD (50 USD) |
IT Support Services Per Hour Rate | 150 TTD (22.05 USD) | 80 BBD (40 USD) |
Technician Services Per Hour Rate | 100 TTD (14.70 USD) | 60 BBD (30 USD) |
Professional Services cost 2.00 times less in Trinidad and Tobago, as compared to Barbados.
We hope you enjoyed the detailed guide on the cost of living comparsion between Trinidad and Tobago and Barbados.
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