Trinidad and Tobago, All Areas

Country Full Name: Republic of Trinidad and Tobago.

Location: Trinidad and Tobago are islands between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela.

Country Climate: Tropical; rainy season (June to December).

Country Terrain: Mostly plains with some hills and low mountains.

Major Languages: English.

Major Religions: Christianity, Hinduism, Islam.

Population: 1.2 Mil (2012 est.).

Country Economy: The economy of Trinidad is based on natural gas and oil. Recent growth has been fuelled by investments in liquefied natural gas (LNG), petrochemicals, and steel. Tourism and manufacturing are also important to the local economy. Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands. Agricultural products include citrus, cocoa, and other products.

Currency: Trinidad/Tobago Dollar (TTD).

Inflation: 5.7% (2011 est.).

The cost of living in All Areas in Trinidad and Tobago is in the middle 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 Trinidad and Tobago is currently ranked 319 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 261 places that are more expensive, and 518 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 605 places that are more expensive, and 174 places that are less expensive for clothing.

Communication costs are very low 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 714 places that are more expensive, and 65 places that are less expensive for communication.

Education costs are very 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 82 places that are more expensive, and 697 places that are less expensive for education.

Furniture & Appliance costs are average 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 373 places that are more expensive, and 406 places that are less expensive for furniture and appliances.

Grocery costs are 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 301 places that are more expensive, and 478 places that are less expensive for groceries.

Healthcare costs are low 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 501 places that are more expensive, and 278 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 231 places that are more expensive, and 548 places that are less expensive for household accommodation.

Miscellaneous costs are very low 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 746 places that are more expensive, and 33 places that are less expensive for miscellaneous items.

Personal Care costs are low 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 613 places that are more expensive, and 166 places that are less expensive for personal care.

Recreation and Culture costs are average compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 363 places that are more expensive, and 416 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are average 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 366 places that are more expensive, and 413 places that are less expensive for restaurants, meals out and hotels.

Transport costs are 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 234 places that are more expensive, and 545 places that are less expensive for transport.

Personalized cost of living indexes for All Areas in Trinidad and Tobago 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 Trinidad and Tobago is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for All Areas in Trinidad and Tobago 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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