Cost of living in Diego Martin
Diego Martin, located in Trinidad And Tobago, offers a unique blend of cultural experiences and modern amenities. Understanding the cost of living in this vibrant city is crucial for both residents and newcomers.
This guide provides a detailed breakdown of expenses in Diego Martin, including housing, transportation, groceries, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $10.27 on average, with a range between $5.13 and $13.93.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $73.32, with prices ranging from $43.99 to $117.31.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.33, with a range between $6.6 and $8.8.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $1.47 to $2.2, imported beer $2.49 to $2.93, cappuccino $1.47 to $5.87, and Coke/Pepsi $0.88 to $1.03.
Grocery Prices
- Milk - Milk is priced between $1.61 and $2.93 per liter, averaging $2.48.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $2.05 and $2.57, with an average price of $2.37.
- Eggs (Dozen) - A dozen eggs range from $2.93 to $5.28, averaging $4.4.
- Fruits (e.g., Apples, Oranges) - Apples cost $1.62 to $6.6 per kg, while oranges range from $0.73 to $9.7 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.73 and $3.23 per kg, and lettuce costs $0.73 to $3.67 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs between $0.59 and $1.17.
- Fuel (Gasoline) - Gasoline is priced between $0.88 and $1.14 per liter.
- Taxi Fares - Taxi fares start at $1.03, with a cost of $0.88 per km and $14.66 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $659.89.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $439.93.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $1099.82 to $1759.72, averaging $1429.77.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $953.18.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $51.33 and $146.64, averaging $70.18.
- Internet - Internet services range from $43.85 to $73.32, with an average cost of $52.42.
Cost of Living Rankings
The cost of living indices for Trinidad And Tobago are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Trinidad And Tobago, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Diego Martin offers a relatively affordable cost of living compared to many urban areas, with reasonable prices for dining and groceries.
Housing costs are moderate, especially for those considering living outside the city centre.
Transportation is economical, with low costs for public transport and fuel, making it easy to navigate the city.
Conclusion
In conclusion, Diego Martin provides a balanced cost of living with affordable options in dining, transportation, and housing.
Whether you're planning to move or just visiting, understanding these costs can help you manage your budget effectively in this vibrant city.