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International Cost of Living Calculator

We provide international cost of living and hardship data so that you can create reports online (24X7) using any of the calculators:


Expat Salary: Salary purchasing power parity calculator, for simple cost of living comparison and international salary calculation (e.g. to compare a salary offer).


Cost of Living Comparison: Cost of living allowance calculator, compares cost of living and hardship and calculates a cost of living allowance based on the difference.


International Cost of Living Index: Cost of living index calculator, compares multiple locations to a home base (e.g. international offices compared to HQ).


International Assignment: International assignment management calculator, for global mobility managers who use the build-up approach for detailed international assignment salary and allowance calculations.

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Mobility Calculators

Do you need a Cost of Living Comparison Calculator?

The global cost of living calculators have been created to compare the cost of living in every country and major city in the world, to help you manage short and long term assignments (page down for a description of each cost of living calculator):

Cost of Living Allowance
Cost of Living Index
International Assignment Management
Salary Purchasing Power Parity
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Pricing

International Cost of Living Calculator Pricing


7 Day Subscription = $39 per location (minimum of 2 locations required)


Annual Subscription = $89 per location (minimum of 2 locations required)


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Location Rankings

Cost of Living Comparison by City and Country


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Most Expensive Location Rankings


Latest Basket Group Rankings


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Location Reviews

Cost of Living Review by City and Country

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Trinidad and Tobago, All Areas
Overview

Trinidad and Tobago, All AreasTrinidad and Tobago are islands between the Caribbean Sea and the North Atlantic Ocean, northeast of Venezuela. The climate is tropical.

The official language is English. It is widely spoken, while Creole, Spanish and some dialects are also spoken, but not in business circles. The main religions are Christianity, Hinduism and Islam.

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.

Expatriate business dress is typically a light suit for formal meetings and short-sleeved shirts and cotton trousers for less formal meetings.

The security risk for expatriates in Trinidad and Tobago is medium overall, but high in some areas. Risks include a high crime rate on the island of Trinidad (lower on the island of Tobago), opportunistic street crime, violent crime, muggings and assaults.

The currency of Trinidad and Tobago is the Trinidad/Tobago Dollar (TTD).

Medical facilities are generally below international standards and can be limited and expensive for routine treatment. Serious or complex medical treatment may require evacuation which can be expensive. Cases of Zika virus and Chikungunya virus have been reported. Dengue fever is endemic.

The population of Trinidad and Tobago is 1.4 Million (2018 est.), while the inflation rate (CPI) is 0.9% for Trinidad and Tobago as at February 2018.

For a single Expat, the personal income tax rate in Trinidad and Tobago is progressive up to 30%.


Cost Of Living

The cost of living for expatriates / professional migrants in Trinidad and Tobago as at 1 April 2018 is high in comparison to other places in the world.

In Trinidad and Tobago, the cost of each basket, based on local prices, compared to the international average, is categorized follows (Exact cost of living percentages only available in personalised reports):
1) Alcohol (where available) & Tobacco: High
2) Clothing: Average
3) Communication: Average
4) Education: High
5) Furniture & Appliances: High
6) Groceries: High
7) Healthcare: High
8) Household Accommodation: High
9) Miscellaneous: Very High
10) Personal Care: Very High
11) Recreation & Culture: High
12) Restaurants Meals Out and Hotels: Low
13) Transport: High

Trinidad and Tobago is for example 6.1% more expensive than USA for groceries, 8.2% more expensive for household costs than UK, and 116.8% more expensive for transport costs than India.

Trinidad and Tobago is ranked as a some hardship location.

The hardship premium for Trinidad and Tobago for an expat from Australia, is for example 10%, i.e. host location (Trinidad and Tobago) premium of 20% minus home (Australia) location premium of 10%.

Want to know more about cost of living, hardship (quality of living) or expat salary in Trinidad and Tobago? Register subscribe to your home location and Trinidad and Tobago and run your personalised reports.

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