Cost of Living in Grenada (2026)

COL Index: 55% of U.S. national average · Updated for 2026

Cost of Living Index

55%

vs U.S. average (100%)

Relative Cost

Below Average

Compared to U.S.

Currency

XCD

Salary Data

10 Jobs

Top 10 highest paying

Top 10 Jobs in Grenada — COL-Adjusted Salaries

Rank	Job Title	Local Salary	COL-Adjusted (XCD)
1	Surgeons / Doctors	14,693–48,060 XCD/mo	26,714–87,383 XCD/mo
2	Judges	12,347–40,407 XCD/mo	22,448–73,467 XCD/mo
3	Lawyers	10,000–32,754 XCD/mo	18,182–59,554 XCD/mo
4	Bank Managers	9,418–30,815 XCD/mo	17,123–56,028 XCD/mo
5	Chief Executive Officers	8,826–28,877 XCD/mo	16,046–52,504 XCD/mo
6	Chief Financial Officers	8,234–26,938 XCD/mo	14,972–48,978 XCD/mo
7	Orthodontists	7,939–26,020 XCD/mo	14,434–47,309 XCD/mo
8	College Professors	7,061–23,061 XCD/mo	12,839–41,928 XCD/mo
9	Pilots	5,888–19,285 XCD/mo	10,706–35,065 XCD/mo
10	Marketing Directors	5,296–17,346 XCD/mo	9,628–31,539 XCD/mo

* COL-adjusted salary is shown in XCD, restated at the purchasing power implied by the cost of living index for Grenada.

Salary vs. Cost of Living by Category in Grenada

Category	Avg. Salary (Local)	COL-Adjusted (XCD)	Purchasing Power
AI & Machine Learning	14,142 XCD	25,715 XCD	+82%
Finance & Accounting	13,979 XCD	25,418 XCD	+82%
Business Administration	15,581 XCD	28,328 XCD	+82%
Advertising	11,843 XCD	21,533 XCD	+82%
Architecture	12,015 XCD	21,846 XCD	+82%
Automotive & Car Industry	11,584 XCD	21,063 XCD	+82%
Aviation	14,265 XCD	25,936 XCD	+82%
Banking	16,755 XCD	30,464 XCD	+82%
Construction	11,464 XCD	20,844 XCD	+82%
Counseling	11,419 XCD	20,763 XCD	+82%
Customer Service	9,183 XCD	16,697 XCD	+82%
Education & Teaching	11,992 XCD	21,803 XCD	+82%
Energy	13,030 XCD	23,693 XCD	+82%
Engineering	10,938 XCD	19,886 XCD	+82%
Manufacturing	12,500 XCD	22,726 XCD	+82%
Fitness & Sports	8,315 XCD	15,117 XCD	+82%
Hospitality	11,892 XCD	21,622 XCD	+82%
Healthcare	30,948 XCD	56,268 XCD	+82%
Human Resources	11,555 XCD	21,009 XCD	+82%
Import & Export	8,977 XCD	16,322 XCD	+82%
Insurance	13,000 XCD	23,636 XCD	+82%
Information Technology	11,775 XCD	21,408 XCD	+82%
Law & Legal Services	18,244 XCD	33,172 XCD	+82%
Marketing	12,816 XCD	23,301 XCD	+82%
Pharmaceutical & Biotechnology	16,510 XCD	30,019 XCD	+82%
Public Relations	10,734 XCD	19,516 XCD	+82%
Procurement	11,856 XCD	21,557 XCD	+82%
Quality Control	10,408 XCD	18,924 XCD	+82%
Real Estate	13,785 XCD	25,064 XCD	+82%
Sales	13,969 XCD	25,399 XCD	+82%
Telecommunications	10,390 XCD	18,889 XCD	+82%

Cost of Living in Grenada — Overview

The cost of living in Grenada is 55% of the U.S. national average. This makes Grenada a more affordable destination compared to the United States. Your salary goes further here, especially for housing, food, and services.

Purchasing Power in Grenada

A salary with the purchasing power of the U.S. national average works out at approximately 490,909 XCD in Grenada for the same standard of living. This means your money goes further in Grenada, making it an attractive destination for remote workers and expats.

Cost of Living Categories in Grenada

Housing

Housing in countries with a cost index of 55% tends to be the largest expense, often consuming 30-40% of income. Rent, utilities, and property costs vary significantly between urban and rural areas.

Food

Groceries and dining out in countries at 55% COL can vary widely. Local markets offer lower prices while imported goods cost more. Cooking at home is generally more affordable.

Transportation

Public transit and fuel costs in a 55% COL country. Many countries have efficient public transportation systems that reduce the need for personal vehicles.

Healthcare

Healthcare costs and insurance in 55% COL countries. Some countries have universal healthcare systems that significantly reduce out-of-pocket expenses.

Education

Education and childcare costs vary greatly with COL index. Public education is often subsidized while international schools charge premium fees.

Utilities

Electricity, water, internet, and other essential services. Weather patterns affect utility usage and costs significantly.

Clothing

Apparel costs in 55% COL environments. Imported brands cost more while local clothing is generally affordable.

Entertainment

Leisure activities and entertainment expenses. Costs for cinema, dining, and recreational activities scale with the overall COL index.

Salary Overview — Top 10 Jobs

Monthly salary in XCD · singhyogendra.com.np

Surgeons / Doctors14,693 – 48,06031,377 XCD
Judges12,347 – 40,40726,377 XCD
Lawyers10,000 – 32,75421,377 XCD
Bank Managers9,418 – 30,81520,117 XCD
Chief Executive Officers8,826 – 28,87718,852 XCD
Chief Financial Officers8,234 – 26,93817,586 XCD
Orthodontists7,939 – 26,02016,980 XCD
College Professors7,061 – 23,06115,061 XCD
Pilots5,888 – 19,28512,587 XCD
Marketing Directors5,296 – 17,34611,321 XCD

singhyogendra.com.np

Top Paying Jobs in Grenada

See the full list of highest paying careers and salaries in Grenada.

Best Paying Jobs in Grenada

Take-Home Pay in Grenada

Estimate your after-tax salary and see how much you keep after deductions in Grenada.

Take-Home Pay in Grenada

Frequently Asked Questions

What is the cost of living in Grenada?

The cost of living in Grenada is 55% of the U.S. national average. This means it is less expensive than living in the average U.S. city.

How is the cost of living in Grenada calculated?

The cost of living index is based on prices for housing, food, transportation, healthcare, and other goods and services compared to the U.S. national average of 100.

What salary do I need to live comfortably in Grenada?

Salaries in Grenada should be adjusted by the cost of living index to keep the same purchasing power. A salary equivalent to the U.S. national average corresponds to roughly 490,909 XCD in Grenada.