Cost of living in Tumon
Tumon, located in the beautiful island territory of Guam, is a vibrant area known for its stunning beaches and bustling tourism industry. Understanding the cost of living in Tumon is crucial for both residents and potential newcomers, as it provides insight into the financial requirements of living in this tropical paradise.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $25 on average.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $15.
- Domestic Beer (0.5 liter draught) - A domestic beer costs around $8.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $1500 to $2450, averaging $1975.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent is consistently $1200.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $3300 to $4800, averaging $4050.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $2405 to $3500, averaging $2901.67.
Cost of Living Data
Restaurants
Restaurants
Rent Per Month
Rent Per Month
"Key Takeaways"
Tumon offers a relatively high cost of living, particularly in terms of housing and dining. Rent prices in the city centre are notably higher compared to those outside the centre, reflecting the area's popularity and convenience.
Dining out in Tumon can be expensive, with even fast food options costing more than in many other locations. Budgeting for meals and housing is essential for managing expenses effectively.
Conclusion
In conclusion, Tumon presents a unique living experience with its tropical setting and vibrant culture. However, the cost of living is relatively high, especially for housing and dining.
Prospective residents should carefully consider their budget and explore options for cost-saving, such as living outside the city centre or cooking at home more frequently. Understanding these costs will help in making informed decisions about relocating to or living in Tumon.