Archive for category Antigua and Barbuda cost of living

Antigua and Barbuda, Saint Johns – Cost of Living

The economy of Antigua and Barbuda’s is service-based, with tourism and government services representing the key sources of employment and income. Tourism accounts directly or indirectly for more than half of GDP and is also the principal earner of foreign exchange in Antigua and Barbuda.

St John’s is the capital and largest city of Antigua and Barbuda. St John’s is the commercial centre of the nation and the chief port of the island of Antigua. St. John’s is one of the most developed and cosmopolitan municipalities in the Lesser Antilles. The city is famous for its various shopping malls as well as boutiques throughout the city, selling designer jewelry and haute-couture clothing. There are also many independent, locally-run establishments, selling a variety of fashions. The investment banking industry has a strong presence in the city. Many major world financial institutions have offices in St. John’s.

Saint John’s has an overall cost of living index which equates it with low cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups.

The latest cost of living rank for each of the 13 Basket Groups is now available.

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Antigua and Barbuda Cost of Living

Antigua and Barbuda cost of living is ranked a middle cost of living location.

Antigua and Barbuda are in the Caribbean, they are islands between the Caribbean Sea and the North Atlantic Ocean, east-southeast of Puerto Rico.

CAPITAL CITY OF ANTIGUA: Saint John’s

LARGEST CITY OF BARBUDA: Codrington

CURRENCY: East Caribbean Dollar (XCD)

ECONOMY: Antigua is the largest and most populated island. Half of their GDP is dominated by tourism, however weak tourist arrival numbers since early 2000 have slowed this down, pressing the government into a tight fiscal corner. Medium term economic group will depend on income growth in the industrialized world, especially the USA as most of the tourists come from here.

COST OF LIVING OVERVIEW: Saint John’s has an overall cost of living index which equates it with Middle Cost of Living Locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Saint John’s is currently ranked 139 overall, most expensive place in the world for expatriates to live, out of 276 international www.xpatulator.com locations. The exact customised cost of living index for Saint John’s is based on the Basket Groups that you select in the Calculators.

In terms of the relative hardship people are likely to experience, assessed in global terms, Saint John’s is ranked as a high degree of hardship location. The exact customised hardship index premium for Saint John’s is based on the comparison location that you select in the Calculators.

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