Trinidad and Tobago, Port-of-Spain

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: 0.057 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.).

Port of Spain is the capital of the Republic of Trinidad and Tobago.

Port of Spain is Trinidad and Tobago's most developed city. The city serves primarily as a retail and administrative centre.

The cost of living in Port-of-Spain in Trinidad and Tobago 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. Port-of-Spain in Trinidad and Tobago is currently ranked 238 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 208 places that are more expensive, and 571 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 574 places that are more expensive, and 205 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 315 places that are more expensive, and 464 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 221 places that are more expensive, and 558 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 440 places that are more expensive, and 339 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 170 places that are more expensive, and 609 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 727 places that are more expensive, and 52 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 568 places that are more expensive, and 211 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 310 places that are more expensive, and 469 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 287 places that are more expensive, and 492 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 161 places that are more expensive, and 618 places that are less expensive for transport.

Personalized cost of living indexes for Port-of-Spain 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, Port-of-Spain in Trinidad and Tobago is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for Port-of-Spain 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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