How much does it cost to live in Barbados? Known for its exotic Caribbean charm, Barbados has become a popular destination for expatriates looking to start a new life under the sun.
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However, there isn’t much reliable data on the cost of living in Barbados, which makes planning ahead crucial.
Here’s a detailed overview of key expenses, including housing, transport, food, education, and family living costs.
Accommodation Cost in Barbados

- Studio apartment rent: starts from 1,000 BBD/month
- Three-bedroom apartment: around 2,000 BBD/month
- Two-bedroom shared apartment: approximately 1,500 BBD/month
If you’re single, sharing an apartment is a great way to save money. Just ensure your income can comfortably cover your rent and daily needs.
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Transportation Cost in Barbados

- Public transport: single ticket ~ 3.5 BBD, monthly pass ~ 150 BBD
- Taxi fare: starts at 22 BBD per ride
Public transportation is affordable and widely used, while taxis are best reserved for short or urgent trips.
Meal Cost in Barbados

- Fast-food meal: around 18 BBD
- Daily food expense: ~ 50 BBD/day
- Cooking at home: much cheaper, with staples like rice (9 BBD/kg), eggs (12 BBD/dozen), and chicken (27 BBD/kg).
Cooking at home can significantly reduce your monthly expenses.
Education Cost in Barbados

- School fee (per child): ~ 550 BBD/month
- University tuition: from 5,500 BBD/year
Scholarships may be available but are not guaranteed for all students.
Cost of Living for Singles or Students

- Singles: around 2,000 BBD/month
- Students: around 3,000 BBD/month
- Average salary: approximately 2,500 BBD/month
Part-time students may earn half this amount, so budgeting is key.
Cost of Living for Families

- Family of four: around 3,500–4,000 BBD/month
- With two working adults, families can enjoy a comfortable lifestyle, including schooling and entertainment.
Overall, Barbados offers a balanced cost of living, not the cheapest, but reasonable for its tropical beauty and lifestyle quality. With careful budgeting, expats and families can enjoy a relaxed and comfortable life surrounded by sun, sea, and Caribbean culture.
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