Cost of Living Comparison Between Tobago and Princes Town Cost of Living Comparison Between Tobago and Princes Town

Monthly Cost of Living

Monthly costs for one person with rent: $1,115 in Tobago versus $1,092 in Princes Town.

Estimated couple costs with rent: $1,875 in Tobago versus $1,789 in Princes Town.

Monthly costs for a family of three with rent: $2,634 in Tobago versus $2,486 in Princes Town.

Living in Tobago is roughly 2% more expensive than Princes Town, driven mainly by Monthly Utilities & Internet.

Both cities sit below the global median: Tobago 17% lower, Princes Town 18% lower.

Meal at Budget Restaurant

$8.99 TTD 60.2

$10.38 TTD 69.5

-13.39%

Three-Course Dinner for Two, Mid-Range

$65.6 TTD 439

$66.2 TTD 444

-1.01%

Fast Food Meal (McDonalds, etc)

$7.23 TTD 48.47

$7.48 TTD 50.1

-3.34%

Cappuccino

$3.63 TTD 24.32

$3.02 TTD 20.25

20.20%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$0.92 TTD 6.13

$0.90 TTD 6.05

2.22%

Water (0.33 liter bottle)

$0.81 TTD 5.42

$0.77 TTD 5.17

5.19%

Local Beer (0.5 liter draught)

$3.67 TTD 24.58

$1.62 TTD 10.83

126.54%

Imported Beer (0.33 liter bottle)

$2.88 TTD 19.30

$2.30 TTD 15.42

25.22%

Milk (1 liter)

$2.26 TTD 15.15

$1.81 TTD 12.10

24.86%

White Bread (500g)

$2.30 TTD 15.42

$2.08 TTD 13.95

10.58%

Rice (white) (1kg)

$2.90 TTD 19.46

$2.27 TTD 15.21

27.75%

Eggs

$4.48 TTD 30.01

$2.81 TTD 18.80

59.43%

Local Cheese (1kg)

$7.28 TTD 48.75

$2.99 TTD 20.03

143.48%

Chicken Fillets (1kg)

$7.35 TTD 49.25

$10.51 TTD 70.4

-30.07%

Beef Round Steak (1kg)

$7.46 TTD 49.98

$14.42 TTD 96.6

-48.27%

Apples (1kg)

$6.97 TTD 46.69

$6.00 TTD 40.22

16.17%

Banana (1kg)

$2.36 TTD 15.83

$1.46 TTD 9.81

61.64%

Oranges (1kg)

$2.92 TTD 19.58

$4.42 TTD 29.59

-33.94%

Tomato (1kg)

$2.90 TTD 19.41

$4.80 TTD 32.15

-39.58%

Potato (1kg)

$1.21 TTD 8.11

$1.42 TTD 9.54

-14.79%

Onion (1kg)

$1.20 TTD 8.04

$1.68 TTD 11.23

-28.57%

Lettuce (1 head)

$1.59 TTD 10.67

$1.20 TTD 8.01

32.50%

Water (1.5 liter bottle)

$1.31 TTD 8.76

$1.35 TTD 9.07

-2.96%

Cigarettes 20 Pack (Marlboro, Camel)

$4.83 TTD 32.35

$5.95 TTD 39.89

-18.82%

Wine (Bottle)

$21.73 TTD 146

$18.08 TTD 121

20.19%

Local Beer (0.5 liter bottle)

$3.42 TTD 22.91

$2.15 TTD 14.39

59.07%

Imported Beer (0.33 liter bottle)

$3.37 TTD 22.59

$2.84 TTD 19.02

18.66%

One-way Ticket (Public Transport)

$0.77 TTD 5.15

$1.35 TTD 9.06

-42.96%

Taxi Start (Normal Tariff)

$0.76 TTD 5.06

$1.02 TTD 6.80

-25.49%

Taxi (Normal Tariff) (1km)

$0.77 TTD 5.18

$1.21 TTD 8.14

-36.36%

Taxi 1hour Waiting (Normal Tariff)

$15.24 TTD 102

$1.79 TTD 11.98

751.40%

Gasoline (1 liter)

$1.04 TTD 6.94

$1.10 TTD 7.40

-5.45%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$26.7K TTD 178.8K

$34.5K TTD 231.3K

-22.70%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$40.4K TTD 271.0K

$37.6K TTD 252.0K

7.52%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$79.8 TTD 534

SIM Card Monthly Plan (Calls and 10GB+ Data)

$46.39 TTD 311

Internet (50+ Mbps, Unlimited Data)

$60.2 TTD 404

$62.7 TTD 420

-3.94%

Gym Membership (Monthly)

$54.6 TTD 366

$44.24 TTD 296

23.49%

Tennis Court (1 Hour on Weekend)

$15.05 TTD 101

Cinema Ticket

$7.43 TTD 49.79

$6.72 TTD 45.03

10.57%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$96.9 TTD 649

$176 TTD 1,181

-45.02%

International Primary School, 1 Child (Yearly)

$7,195 TTD 48.2K

Jeans (Levis 501 Or Similar)

$51.7 TTD 346

$58.8 TTD 394

-12.00%

Summer Dress (H&M, Zara, etc)

$46.21 TTD 310

$37.68 TTD 252

22.64%

Sport Shoes (Adidas, Nike)

$154 TTD 1,029

$96.7 TTD 648

58.82%

Men's Leather Business Shoes

$69.9 TTD 469

$89.7 TTD 601

-22.00%

1-bedroom Apartment, City Center (Monthly)

$413 TTD 2,767

$292 TTD 1,956

41.47%

1-bedroom Apartment, Outside City Center (Monthly)

$341 TTD 2,283

$224 TTD 1,502

52.07%

3-bedroom Apartment, City Center (Monthly)

$805 TTD 5,394

$670 TTD 4,486

20.23%

3-bedroom Apartment, Outside City Center (Monthly)

$660 TTD 4,420

$440 TTD 2,950

49.86%

Average Monthly Net Salary (After Tax)

$733 TTD 4,908

20-Year Fixed Mortgage Interest Rate (Annual %)

5.38

30.11%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Tobago: May 31, 2026

Last update for Princes Town: May 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $413 in Tobago and $292 in Princes Town. Housing cost is often the main lever when comparing two cities.

Dining out: $66.0 in Tobago vs $66.0 in Princes Town. Groceries flip the comparison at $327 vs $326, with Princes Town cheaper for home cooking.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Tobago vs Princes Town: Cost of Living - Frequently Asked Questions

Princes Town is cheaper overall, especially in Groceries & Markets, Eating Out, Clothing & Footwear, Sport & Entertainment. The 2% gap adds up to real monthly savings that compound significantly over time.

You'd need roughly $1,673 in Tobago and $1,639 in Princes Town to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $413 in Tobago versus $292 in Princes Town. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 0% higher in Tobago. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,115 per month in Tobago versus $1,092 in Princes Town – a 2% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,092 in Princes Town versus $1,115 in Tobago, a $1,500 budget is realistic in Princes Town but tight or insufficient in Tobago. The gap between the two cities makes Princes Town the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Tobago and Princes Town are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Princes Town gentler on the wallet – expenses run 2% less than in Tobago. Beyond cost, consider language, visa policies, and how big the international community is in each city.