Antigua and Barbuda is a small island nation located in the Caribbean Sea. The country is known for its beautiful beaches and tropical climate, but how does the cost of living in Antigua and Barbuda compare to that of other countries? In this article, we will answer this question and provide a breakdown of costs for singles, couples, and families of four in Antigua and Barbuda.
Local Currency in Antigua and Barbuda
The official currency of Antigua and Barbuda is the Eastern Caribbean dollar (XCD). The Eastern Caribbean dollar is pegged to the US dollar, and the exchange rate is approximately 2.7 XCD to 1 USD. The Eastern Caribbean dollar is widely accepted in Antigua and Barbuda, and major credit cards are also accepted in many businesses.
Cost of Living in Antigua and Barbuda vs UK and USA
The cost of living in Antigua and Barbuda is generally higher than that of the UK and the USA. According to Numbeo, a website that provides information on the cost of living in countries around the world, the cost of living in Antigua and Barbuda is 22.09% higher than in the UK and 11.64% higher than in the USA. This means that it is generally more expensive to live in Antigua and Barbuda than in either of these countries.
Breakdown of Costs in Antigua and Barbuda
To provide a more detailed understanding of the cost of living in Antigua and Barbuda, we will break down costs for singles, couples, and families of four in the following categories: housing, food, utilities, leisure, transport, clothing, and household goods. All costs are approximate and based on current prices as of 2023.
Housing
The cost of housing in Antigua and Barbuda can vary widely depending on the location and size of the property. According to Numbeo, the average monthly rent for a one-bedroom apartment in the city center is XCD 1,650-2,200, while a three-bedroom apartment in the same location can cost XCD 3,000-4,000 per month. For those looking to buy property in Antigua and Barbuda, the average cost per square meter in the city center is XCD 2,400-3,000.
Food
The cost of food in Antigua and Barbuda is generally higher than that of the UK and the USA due to the country’s reliance on imported goods. A loaf of bread costs approximately XCD 4.50, a liter of milk is around XCD 7, and a dozen eggs cost XCD 8. A meal for two in a mid-range restaurant can cost between XCD 100 and XCD 150. Grocery prices can be significantly higher in Antigua and Barbuda than in other countries due to the country’s reliance on imported goods.
Utilities
Utilities such as electricity, water, and gas are generally affordable in Antigua and Barbuda. The average monthly cost for these services is around XCD 800-1,000. Internet and mobile phone plans are also reasonably priced, with unlimited internet plans starting at around XCD 200 per month.
Leisure
Antigua and Barbuda is known for its outdoor activities, and the cost of leisure pursuits in the country can vary depending on the activity. A round of golf at a mid-range course can cost between XCD 200 and XCD 300, while a day trip to a nearby island can cost XCD 200-300 per person. A cinema ticket costs around XCD 25, and a fitness club membership is approximately XCD 200 per month.
Transport
The cost of transportation in Antigua and Barbuda can vary depending on the mode of transportation. A liter of gasoline costs around XCD 4.50, and a monthly public transportation pass is around XCD 60. Taxis are also available, with an initial charge of XCD 4 and a cost of around XCD 3 per kilometer.
Clothing
The cost of clothing in Antigua and Barbuda is generally similar to that of other Caribbean countries. High-end fashion brands are available at some shopping centers and can be relatively expensive, while other clothing items can be more affordable. A pair of jeans costs around XCD 100, while a business suit can cost between XCD 400 and XCD 800.
Household Goods
The cost of household goods in Antigua and Barbuda can vary widely depending on the type of goods. A basic set of furniture for a one-bedroom apartment can cost around XCD 5,000, while a washing machine costs approximately XCD 2,000. Electronics such as televisions and laptops can also be more expensive in Antigua and Barbuda due to import duties.
Forms of Payment in Antigua and Barbuda
The most common forms of payment in Antigua and Barbuda are cash and credit/debit cards. The Eastern Caribbean dollar is widely accepted, and many businesses also accept major credit cards such as Visa and Mastercard. However, it is recommended to carry cash as some smaller businesses may not accept cards. ATMs are widely available throughout the country, and currency exchange services are also available.
The cost of living in Antigua and Barbuda is generally higher than that of the UK and the USA due to the country’s reliance on imported goods. The cost of housing, utilities, and transportation is generally reasonable, while food and clothing can be more expensive. Cash and credit/debit cards are the most common forms of payment, and the Eastern Caribbean dollar is widely accepted. As with any country, the cost of living in Antigua and Barbuda can vary widely depending on individual circumstances and lifestyle choices. However, for those looking for a tropical island lifestyle, Antigua and Barbuda can be an attractive option.
