Cost Of Living For a Family in Dominica 2025

Family cost of living chart - average monthly expenditure in Dominica

Average monthly spending for families in Dominica

We consider a family to be a member of four members, two adults and two children. This is the most common type of family. From the figures below, it should be fairly easy to calculate the average spending for families of different sizes.

Average Monthly Expenditure

Currency: XCD
810 2,300 15,000
MINIMUM AVERAGE MAXIMUM
$300 $850 $5,500

How much money does a family need in a month to survive in Dominica?

Families in Dominica spend around 2,300 XCD per month on average. Depending on the lifestyle, a family can survive with a monthly budget as low as 810 XCD or as high as 15,000 XCD. Location and income are very important factors and have a huge influence on expenditure and budget.

Family cost of living and expenditure to income ratio in Dominica

Family expenditure to income ratio in Dominica

Analysing the how affordable it is for families to live in Dominica

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in. Families usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a family of four ranges between 70% to 80%.


Spending to Income Ratio

90%

82% to 99%

( expenditure / income ) x 100


Families in Dominica spend around 90% of their monthly income. Some families spend as low as 82% of their income while some as high as 99%.

Prices and cost of goods and services in Dominica

Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Dominica

Dining, food, and beverages costs


Fast food combo meal

1.5 XCD 3 XCD 5 XCD
MINIMUM AVERAGE MAXIMUM
$0.55 $1.1 $1.8

Restaurant meal for one

5 XCD 7.5 XCD 15 XCD
MINIMUM AVERAGE MAXIMUM
$1.8 $2.8 $5.5

Fine dining meal for one

10 XCD 15 XCD 60 XCD
MINIMUM AVERAGE MAXIMUM
$3.7 $5.5 $22

Cappuccino or latte

1.2 XCD 2 XCD 3 XCD
MINIMUM AVERAGE MAXIMUM
$0.46 $0.74 $1.1

Grocery and market costs


Milk large bottle

1.00 XCD 1.2 XCD 1.5 XCD
MINIMUM AVERAGE MAXIMUM
$0.37 $0.44 $0.55

12 eggs

0.75 XCD 1.00 XCD 1.5 XCD
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.55

Fresh whole chicken

1.7 XCD 2.2 XCD 3.1 XCD
MINIMUM AVERAGE MAXIMUM
$0.63 $0.82 $1.2

Pack of beef

2 XCD 3 XCD 6 XCD
MINIMUM AVERAGE MAXIMUM
$0.74 $1.1 $2.2

Medium bag of rice

0.81 XCD 1.1 XCD 1.6 XCD
MINIMUM AVERAGE MAXIMUM
$0.30 $0.41 $0.58

Bag of tomatos

0.30 XCD 0.40 XCD 0.75 XCD
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.28

Bag of apples

0.54 XCD 0.70 XCD 1.2 XCD
MINIMUM AVERAGE MAXIMUM
$0.20 $0.26 $0.43
Chart showing the prices and cost of commute, travel, and transportation in Dominica

Commute, travel, and transportation costs


20 minutes taxi ride

1.2 XCD 1.5 XCD 3 XCD
MINIMUM AVERAGE MAXIMUM
$0.46 $0.55 $1.1

Average car full tank

7.5 XCD 10 XCD 20 XCD
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $7.4

Average car 1-day rental

7.5 XCD 10 XCD 15 XCD
MINIMUM AVERAGE MAXIMUM
$2.8 $3.7 $5.5

Average car price

3,700 XCD 7,500 XCD 10,000 XCD
MINIMUM AVERAGE MAXIMUM
$1,400 $2,800 $3,700

Bus ticket one way

0.25 XCD 0.38 XCD 0.75 XCD
MINIMUM AVERAGE MAXIMUM
$0.09 $0.14 $0.28

Car Service

10 XCD 15 XCD 30 XCD
MINIMUM AVERAGE MAXIMUM
$3.7 $5.5 $11
Chart showing the prices and cost of utility, energy, water, and gas for a family in Dominica

Utility cost (monthly)


Utility Bill - Family

40 XCD 120 XCD 750 XCD
MINIMUM AVERAGE MAXIMUM
$15 $43 $280

Internet and cable

7.5 XCD 15 XCD 20 XCD
MINIMUM AVERAGE MAXIMUM
$2.8 $5.5 $7.4

Mobile phone charges

6 XCD 10 XCD 30 XCD
MINIMUM AVERAGE MAXIMUM
$2.2 $3.7 $11

Leisure and activities costs


Movie ticket

3.7 XCD 5 XCD 7.5 XCD
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $2.8

One month gym membership

12 XCD 15 XCD 30 XCD
MINIMUM AVERAGE MAXIMUM
$4.4 $5.5 $11
Chart showing the prices and cost of clothing and accessories in Dominica

Cloths and accessories costs


Pair of jeans or pants

8.8 XCD 12 XCD 19 XCD
MINIMUM AVERAGE MAXIMUM
$3.3 $4.6 $6.9

Woman dress

8.3 XCD 12 XCD 37 XCD
MINIMUM AVERAGE MAXIMUM
$3.1 $4.3 $14

Woman shoes

7.9 XCD 11 XCD 25 XCD
MINIMUM AVERAGE MAXIMUM
$2.9 $4 $9.2

Men's shoes

6.8 XCD 8.3 XCD 17 XCD
MINIMUM AVERAGE MAXIMUM
$2.5 $3.1 $6.2

Men suit

7.5 XCD 9.4 XCD 50 XCD
MINIMUM AVERAGE MAXIMUM
$2.8 $3.5 $18

Regular t-shirt

3.7 XCD 5 XCD 15 XCD
MINIMUM AVERAGE MAXIMUM
$1.4 $1.8 $5.5
Chart showing the prices and cost of housing, accommodation, and rent in Dominica

Housing costs / monthly rent


Studio apartment

120 XCD 190 XCD 500 XCD
MINIMUM AVERAGE MAXIMUM
$46 $69 $180

1-bedroom apartment

190 XCD 300 XCD 750 XCD
MINIMUM AVERAGE MAXIMUM
$69 $110 $280

2-bedroom apartment

250 XCD 370 XCD 1,000 XCD
MINIMUM AVERAGE MAXIMUM
$92 $140 $370

Housing costs / Buying


Studio apartment

25,000 XCD 37,000 XCD 75,000 XCD
MINIMUM AVERAGE MAXIMUM
$9,200 $14,000 $28,000

1-bedroom apartment

30,000 XCD 50,000 XCD 190,000 XCD
MINIMUM AVERAGE MAXIMUM
$11,000 $18,000 $69,000

2-bedroom apartment

50,000 XCD 150,000 XCD 300,000 XCD
MINIMUM AVERAGE MAXIMUM
$18,000 $55,000 $110,000
Chart showing the prices and cost of furniture in Dominica

Furniture Costs


King Size Bed

150 XCD 190 XCD 250 XCD
MINIMUM AVERAGE MAXIMUM
$55 $69 $92

Double Bed

100 XCD 150 XCD 190 XCD
MINIMUM AVERAGE MAXIMUM
$37 $55 $69

Single Bed

88 XCD 120 XCD 150 XCD
MINIMUM AVERAGE MAXIMUM
$33 $43 $55

Living Room

170 XCD 210 XCD 750 XCD
MINIMUM AVERAGE MAXIMUM
$62 $79 $280

Dining Table

75 XCD 100 XCD 190 XCD
MINIMUM AVERAGE MAXIMUM
$28 $37 $69

Sofa or Couch

100 XCD 140 XCD 300 XCD
MINIMUM AVERAGE MAXIMUM
$37 $50 $110
Chart showing the prices and cost of electronic devices and appliances in Dominica

Electronics and House Appliance Costs


TV Set

100 XCD 150 XCD 300 XCD
MINIMUM AVERAGE MAXIMUM
$37 $55 $110

Fridge or Freezer

88 XCD 140 XCD 190 XCD
MINIMUM AVERAGE MAXIMUM
$33 $50 $69

Washing Machine

120 XCD 170 XCD 300 XCD
MINIMUM AVERAGE MAXIMUM
$43 $62 $110

Stove or Cooker

110 XCD 140 XCD 190 XCD
MINIMUM AVERAGE MAXIMUM
$40 $50 $69

Mobile Phone

120 XCD 150 XCD 210 XCD
MINIMUM AVERAGE MAXIMUM
$46 $55 $79

Laptop or Computer

140 XCD 170 XCD 300 XCD
MINIMUM AVERAGE MAXIMUM
$50 $62 $110
Distribution of monthly cost of living expenses of a family in Dominica

How do families spend their money in Dominica?

We asked thousands of families about their spending habits and expenditure break down.


The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing and accomodation expenditure for families

Accomodation Cost27%

27% of total expenses on average (22% to 37%)

LOW$95   260 XCD
AVERAGE$270   740 XCD
HIGH$1,800   4,800 XCD
Per Month

Families in Dominica typically spend from 22% to 37% of their total monthly expenditure on housing with 27% being the average. The average monthly spend on housing is 740 XCD with expenditure ranging from 260 XCD to 4,800 XCD. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for families

Cost of utilities5%

5% of total expenses on average (3% to 8%)

LOW$15   40 XCD
AVERAGE$43   120 XCD
HIGH$280   750 XCD
Per Month

Utility expenditure like electricity, water, and gas in Dominica ranges from 3% to 8% of total expenses with 5% being the average for most families. The average monthly cost of utilities is 120 XCD with 40 XCD and 750 XCD being the upper and lower limits for a family of four.

Transport, fuel, and commute expenditure for families

Cost of transport and fuel5%

5% of total expenses on average (3% to 7%)

LOW$30   81 XCD
AVERAGE$85   230 XCD
HIGH$550   1,500 XCD
Per Month

Fuel consumption and cost of transport depend heavily on whether a family resides near school and work, but roughly speaking a family would expect to spend from 81 XCD to 1,500 XCD in a month on commuting with 230 XCD being the norm for most families. This means that money spent on transport constitutes about 5% of total spending on average but can go as low as 3% or as high as 7%.

Food, groceries, and basic shopping expenditure for families

Food and Groceries Cost21%

21% of total expenses on average (14% to 27%)

LOW$54   140 XCD
AVERAGE$150   410 XCD
HIGH$1,000   2,700 XCD
Per Month

The average outlay on groceries and basic houshold items for a typical family in a month in Dominica is 410 XCD. The cost of groceries can range between 140 XCD to 2,700 XCD. Families spend on average about 21% on food and groceries with upper and lower bounds of 14% and 27% respectively.

Healthcare and medical services expenditure for families

Cost of healthcare11%

11% of total expenses on average (7% to 16%)

LOW$27   72 XCD
AVERAGE$85   230 XCD
HIGH$440   1,200 XCD
Per Month

Families in Dominica allocate 7% to 16% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 11%. The range of medical expenses range from 72 XCD to 1,200 XCD with 230 XCD being the norm for most families.

Leisure and shopping expenditure for families

Cost of leisure and shopping3%

3% of total expenses on average (1% to 7%)

LOW$15   40 XCD
AVERAGE$43   120 XCD
HIGH$280   750 XCD
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 40 XCD to 750 XCD with 120 XCD being the average. Speaking of percentages, that equates to 1% to 7% of total expenses with an average of 3% for most families.

Education and schooling expenditure for families

Cost of education and schooling13%

13% of total expenses on average (6% to 21%)

LOW$42   110 XCD
AVERAGE$120   320 XCD
HIGH$770   2,100 XCD
Per Month

Spending on education can vary drastically between different families. On average, education constitutes 13% of the monthly expenditure of families with 6% and 21% being the lower and upper bounds respectively. The average reported education cost is 320 XCD per month with 110 XCD being the minimum spent amount and 2,100 XCD being the maximum.

Other Expenses15%

15% of total expenses on average (8% to 20%)

LOW$24   64 XCD
AVERAGE$68   180 XCD
HIGH$440   1,200 XCD
Per Month
Reasons that make it difficult for families to save money in Dominica

Saving Challenges in Dominica

Reasons that make it difficult for families to save money

We wanted to understand what is stopping families from maximizing their savings in Dominica. Listed below are the answers given by the survey participants.


Reason% People
Low Income5%
High Expenses8%
Debt and Loans15%
Lack of Budgeting Skills11%
Impulsive Spending11%
Financial Emergencies7%
Living the moment6%
Will do it later19%
Inflation12%
Social Pressure3%
Market Instability2%

Around 5% of the families said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 15% of the residents said that they are burdened with debt and find it challenging to save money. 11% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 11% of families blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 6% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 19% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 12% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Percentage of families who manage to save money from their income every month in Dominica

What percentage of families in Dominica are able to save money and how much can they save?


Percentage of families that reported their ability to save money


Saving Money
48%
Not Saving
52%

Almost 48% of surveyed families in Dominica said that they can save some money at the end of each month while 52% reported that they have to utilize their whole income to survive.


Family savings to income ratio in Dominica

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


How much money do families manage to add to their savings?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.

Saving to Income Ratio

10% 18% of income 29%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

240 XCD
$90
700 XCD
$260
4,500 XCD
$1,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%37%
10% - 20%28%
20% - 30%20%
30% - 40%7%
40% - 50%6%
> 50%2%

Interpretation and Analysis

Families that are able to save money can put anywhere from 10% to 29% of their monthly income to their savings, with 18% being the average for most families. The average monthly amount of money that families can put aside is 700 XCD with 240 XCD and 4,500 XCD being the minimum and maximum respectively.

Where do families choose to put their savings in Dominica

Typical saving choices for families in Dominica

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold12%
Savings Accounts17%
Retirement Accounts10%
Cash Savings19%
Real Estate9%
Investment5%
Stocks5%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical for families to live in Dominica

Affordable living in Dominica

Income and cost of living compatibility

We asked families one simple question and recorded their answers.

Is it affordable or economical to live in Dominica?


Yes
51%
No
49%

Around 51% of surveyed families think that living in Dominica is affordable with proper budgeting while 49% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for families. Are there plenty of low-cost options in Dominica

Low-cost alternatives in Dominica

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked families how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options57%

Few low-cost options43%


Based on the survey, 57% of the families living in Dominica have no problem finding low-cost alternatives to support a frugal lifestyle while 43% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Families

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked families whether they have an emergency fund and the answers were as follows.

Yes51%

No49%


Based on the survey, 49% of the families living in Dominica said that they don't have an emergency fund while 51% said that they do.

Chart showing the percentage of families who are in debt in Dominica

Debt, loans, and mortgages in Dominica


Percentage of families who are in debt


In Debt
27%
Debt Free
73%

According to the survey, 27% of the families in Dominica have some kind of debt, loan, mortgage, or credit card payments while 73% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Dominica

Debt-to-income ratio in Dominica

Debt to income ratio

31%

22% to 39%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 31% of a family's monthly income in Dominica goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%15%
40% - 50%13%
30% - 40%15%
20% - 30%12%
10% - 20%15%
0% - 10%26%

According to our data, 3% of the debtors in Dominica pay 60%+ of their income as debt settlement while 15% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 13% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 15% dedicated 30% to 40% of income for same. Things are looking brighter for 12% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Dominica

Debt% People
Real Estate Mortgage10%
Auto Loan18%
Student Loan4%
Credit Card28%
Personal Loan40%

10% of debtors in Dominica confirm that real estate mortgages constitutes the main part of their outstanding debt while 28% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 18% of people and personal loans rose at 40%. Lastly, student loans are the main source of debt for 4% of debtors in Dominica.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Dominica

Besides measuring the loan-to-income ratio, we asked families how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never52%
Once a year23%
Twice a year12%
Three times a year9%
Four times a year4%
Financial goals and targets of families living in Dominica

Financial goals of families in Dominica

In an attempt to understand the economic situation in Dominica, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund8%
Debt Reduction39%
Retirement Savings9%
Education Funding7%
Homeownership18%
Investing7%
Travel or Lifestyle8%
Healthcare Expenses12%
Financial Independence6%

Around 8% of families said that their main goal is to establish an emergency fund to cover unexpected expenses while 39% said their number one priority is to pay off high-interest debt or loans and improve credit. 9% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 7% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 8% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 12% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Dominica

Housing costs, accommodation, and housing affordability in Dominica

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Dominica

Monthly Rent Prices

Studio apartment monthly rent cost

120 XCD 190 XCD 500 XCD
MINIMUM AVERAGE MAXIMUM
$46 $69 $180

1-bedroom apartment monthly rent cost

190 XCD 300 XCD 750 XCD
MINIMUM AVERAGE MAXIMUM
$69 $110 $280

2-bedroom apartment monthly rent cost

250 XCD 370 XCD 1,000 XCD
MINIMUM AVERAGE MAXIMUM
$92 $140 $370

3-bedroom apartment monthly rent cost

300 XCD 500 XCD 1,400 XCD
MINIMUM AVERAGE MAXIMUM
$110 $180 $500

Furnished apartment monthly rent cost

600 XCD 1,500 XCD 3,000 XCD
MINIMUM AVERAGE MAXIMUM
$220 $550 $1,100

Townhouse monthly rent cost

500 XCD 750 XCD 2,100 XCD
MINIMUM AVERAGE MAXIMUM
$180 $280 $790

House monthly rent cost

600 XCD 1,500 XCD 3,000 XCD
MINIMUM AVERAGE MAXIMUM
$220 $550 $1,100

Villa monthly rent cost

750 XCD 1,900 XCD 3,000 XCD
MINIMUM AVERAGE MAXIMUM
$280 $690 $1,100

The monthly rental cost of a studio apartment in Dominica ranges between 120 XCD and 500 XCD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 190 XCD to 750 XCD. Two-bedroom rentals rate ranges between 250 XCD and 1,000 XCD per month. The monthly rental for a three-bedroom apartment ranges from 300 XCD to 1,400 XCD. The average rent of a townhouse in Dominica is around 750 XCD while house rental costs can be as high as 1,500 XCD per month. Finally, if you want to rent a villa, expect to pay anywhere from 750 XCD to 3,000 XCD per month.



Apartment and house prices in Dominica

Cost of buying a property

Studio apartment price

25,000 XCD 37,000 XCD 75,000 XCD
MINIMUM AVERAGE MAXIMUM
$9,200 $14,000 $28,000

1-bedroom apartment price

30,000 XCD 50,000 XCD 190,000 XCD
MINIMUM AVERAGE MAXIMUM
$11,000 $18,000 $69,000

2-bedroom apartment price

50,000 XCD 150,000 XCD 300,000 XCD
MINIMUM AVERAGE MAXIMUM
$18,000 $55,000 $110,000

3-bedroom apartment price

170,000 XCD 250,000 XCD 750,000 XCD
MINIMUM AVERAGE MAXIMUM
$62,000 $92,000 $280,000

Townhouse price

210,000 XCD 500,000 XCD 1.9M XCD
MINIMUM AVERAGE MAXIMUM
$79,000 $180,000 $690,000

House price

250,000 XCD 1.5M XCD 2.1M XCD
MINIMUM AVERAGE MAXIMUM
$92,000 $550,000 $790,000

Villa price

300,000 XCD 1.7M XCD 2.5M XCD
MINIMUM AVERAGE MAXIMUM
$110,000 $620,000 $920,000

The average price of a studio apartment in Dominica can range from 25,000 XCD to 75,000 XCD depending on location. One bedroom cost can be anywhere from 30,000 XCD to 190,000 XCD. A villa can cost you 1.7M XCD on average with prices ranging from 300,000 XCD to 2.5M XCD.


If you're leasing or purchasing, housing costs in Dominica will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


34 x98 monthly income 199
MINIMUM AVERAGE MAXIMUM

Property prices in Dominica can be x98 to x199 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x98 multiples of the average monthly salary in Dominica.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 30% of income 40%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Dominica is around 30%. This means that people pay 30% of their income for rent. Those figures can range from 20% to 40% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
28%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2%
AVERAGE
3%
TO
4%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


2.3 XCD 30 XCD 300 XCD
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Financial literacy and difficulty in budgeting and financial planning for families in Dominica

Financial Literacy in

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy46%


We asked family guardians and parents in Dominica whether they acquired any adequate personal financial training in their lives. Approximately 54% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 46% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether families of have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 44% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 56% said that they have everything under control.

Struggles with finance44%

Easily manages finances56%

Monthly costs and expenses of energy and basic utilities in Dominica

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Dominica

Utility Bill Cost / Electricity + Water + Gas / Family

40 XCD 120 XCD 750 XCD
MINIMUM AVERAGE MAXIMUM
$15 $43 $280

Internet and cable cost

7.5 XCD 15 XCD 20 XCD
MINIMUM AVERAGE MAXIMUM
$2.8 $5.5 $7.4

Mobile phone bill and charges

6 XCD 10 XCD 30 XCD
MINIMUM AVERAGE MAXIMUM
$2.2 $3.7 $11

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly energy and water consumption of families is around 120 XCD. The cost of internet and WiFi ranges from 7.5 XCD to 20 XCD with 15 XCD being the average internet bill. Finally, the average monthly mobile charges is around 10 XCD but can range between 6 XCD and 30 XCD depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


3% 6% of income 10%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Dominica is around 6%. This means that people pay 6% of their income for energy, water, internet, and mobile charges. Those figures can range from 3% to 10% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Dominica

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Dominica

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

1.5 XCD 3 XCD 5 XCD
MINIMUM AVERAGE MAXIMUM
$0.55 $1.1 $1.8

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Dominica is approximatly 3 XCD with meal cost ranging from 1.5 XCD to 5 XCD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

5 XCD 7.5 XCD 15 XCD
MINIMUM AVERAGE MAXIMUM
$1.8 $2.8 $5.5

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 5 XCD and 15 XCD with 7.5 XCD being the average price of a plate for one person at a regular restaurant in Dominica.

Fine dining meal for one price

10 XCD 15 XCD 60 XCD
MINIMUM AVERAGE MAXIMUM
$3.7 $5.5 $22

The price range of a meal at fine-dining restaurant is 10 XCD to 60 XCD with the average cost being 15 XCD for one person. This is what you would expect to pay a top-tier diner in Dominica.

Beverage prices, cappuccino, latte etc..

1.2 XCD 2 XCD 3 XCD
MINIMUM AVERAGE MAXIMUM
$0.46 $0.74 $1.1

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Dominica is around 2 XCD. Price ranges between 1.2 XCD and 3 XCD depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

1.00 XCD 1.2 XCD 1.5 XCD
MINIMUM AVERAGE MAXIMUM
$0.37 $0.44 $0.55

The average price of a large bottle of milk in Dominica is 1.2 XCD. The maximum what you would pay for milk is 1.5 XCD and the minimum being 1.00 XCD depending on the brand of milk and other properties.

12 eggs price

0.75 XCD 1.00 XCD 1.5 XCD
MINIMUM AVERAGE MAXIMUM
$0.28 $0.37 $0.55

A dozen eggs costs around 1.00 XCD on average with 0.75 XCD and 1.5 XCD being the lower and upper limits respectively.

Fresh whole chicken price

1.7 XCD 2.2 XCD 3.1 XCD
MINIMUM AVERAGE MAXIMUM
$0.63 $0.82 $1.2

The price range of a fresh whole chicken in Dominica is between 1.7 XCD and 3.1 XCD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 2.2 XCD.

Pack of beef price

2 XCD 3 XCD 6 XCD
MINIMUM AVERAGE MAXIMUM
$0.74 $1.1 $2.2

The price of a regular pack of beef or meat is around 3 XCD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

0.81 XCD 1.1 XCD 1.6 XCD
MINIMUM AVERAGE MAXIMUM
$0.30 $0.41 $0.58

A bag of rice in Dominica costs around 1.1 XCD on average with prices rangeing between 0.81 XCD and 1.6 XCD depending on the brand and quality.

Bag of tomatos price

0.30 XCD 0.40 XCD 0.75 XCD
MINIMUM AVERAGE MAXIMUM
$0.11 $0.15 $0.28

A bag of tomatoes costs anywhere from 0.30 XCD to 0.75 XCD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

0.54 XCD 0.70 XCD 1.2 XCD
MINIMUM AVERAGE MAXIMUM
$0.20 $0.26 $0.43

A bag of apples costs 0.70 XCD on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


19% 27% of income 33%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Dominica is around 27%. This means that families spend 27% of their income on grocery and basic household items. The expenditure can range from 19% to 33% depending on salary and location.


Expenditure on food and grocery for families

Families' spending on grocery ranges from 140 XCD to 2,700 XCD with the location, income, and size of the family being the most determinite factors.

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