Grenada, All Areas

Country Full Name: Grenada.

Location: Grenada is an island between the Caribbean Sea and Atlantic Ocean, north of Trinidad and Tobago.

Country Climate: Tropical; tempered by northeast trade winds.

Country Terrain: Volcanic in origin with central mountains.

Major Languages: English (official), French patois.

Major Religions: Christianity.

Population: 0.11 Mil (2012 est.).

Country Economy: The economy of Grenada is a largely tourism-based, small, open economy. Over the past two decades, the economy has shifted from one of agriculture-dominant into that of services-dominant, with tourism serving as the leading foreign currency earning sector. The country's principal export crops are the spices nutmeg and mace (Grenada is the world?s second largest producer of nutmeg after Indonesia). Other crops for export include cocoa, citrus fruits, bananas, cloves, and cinnamon.

Currency: East Caribbean Dollar (XCD).

Inflation: 3.4% (2011 est.).

The cost of living in All Areas in Grenada is high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. All Areas in Grenada is currently ranked 157 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 265 places that are more expensive, and 514 places that are less expensive for alcohol and or tobacco.

Clothing costs are low compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 562 places that are more expensive, and 217 places that are less expensive for clothing.

Communication costs are average compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 377 places that are more expensive, and 402 places that are less expensive for communication.

Education costs are high compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 160 places that are more expensive, and 619 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 163 places that are more expensive, and 616 places that are less expensive for furniture and appliances.

Grocery costs are very high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 139 places that are more expensive, and 640 places that are less expensive for groceries.

Healthcare costs are average compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 316 places that are more expensive, and 463 places that are less expensive for healthcare.

Household Accommodation costs are high compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 203 places that are more expensive, and 576 places that are less expensive for household accommodation.

Miscellaneous costs are average compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 326 places that are more expensive, and 453 places that are less expensive for miscellaneous items.

Personal Care costs are high compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 262 places that are more expensive, and 517 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 165 places that are more expensive, and 614 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 277 places that are more expensive, and 502 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 125 places that are more expensive, and 654 places that are less expensive for transport.

Personalized cost of living indexes for All Areas in Grenada are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, All Areas in Grenada is ranked as minimal hardship with a hardship index of 10%.

Personalized hardship index premiums for All Areas in Grenada are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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