Cost Of Living For a Single Person in Kingston 2024

Single person cost of living chart - individual average monthly expenditure in Kingston

Average Monthly Expenditure

Currency: JMD
9,800 70,000 470,000
MINIMUM AVERAGE MAXIMUM
$63 $450 $3,000

Average monthly spending for a single person or individual in Kingston

How much money does an individual need in a month to survive in Kingston?

A single person in Kingston spends around 70,000 JMD per month on average. Depending on the lifestyle, a single individual can survive with a monthly budget as low as 9,800 JMD or as high as 470,000 JMD. Location and income are very important factors and have a huge influence on expenditure and budget.


Prices and cost of goods and services in Kingston


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

Dining, food, and beverages costs


Fast food combo meal

92 JMD 180 JMD 310 JMD
MINIMUM AVERAGE MAXIMUM
$0.59 $1.2 $2

Restaurant meal for one

320 JMD 490 JMD 970 JMD
MINIMUM AVERAGE MAXIMUM
$2.1 $3.1 $6.2

Fine dining meal for one

650 JMD 970 JMD 3,900 JMD
MINIMUM AVERAGE MAXIMUM
$4.2 $6.2 $25

Cappuccino or latte

77 JMD 120 JMD 180 JMD
MINIMUM AVERAGE MAXIMUM
$0.49 $0.79 $1.2

Grocery and market costs


Milk large bottle

62 JMD 74 JMD 92 JMD
MINIMUM AVERAGE MAXIMUM
$0.40 $0.47 $0.59

12 eggs

46 JMD 62 JMD 92 JMD
MINIMUM AVERAGE MAXIMUM
$0.30 $0.40 $0.59

Fresh whole chicken

100 JMD 140 JMD 190 JMD
MINIMUM AVERAGE MAXIMUM
$0.67 $0.87 $1.2

Pack of beef

120 JMD 180 JMD 370 JMD
MINIMUM AVERAGE MAXIMUM
$0.79 $1.2 $2.4

Medium bag of rice

50 JMD 68 JMD 96 JMD
MINIMUM AVERAGE MAXIMUM
$0.32 $0.44 $0.62

Bag of tomatos

18 JMD 25 JMD 46 JMD
MINIMUM AVERAGE MAXIMUM
$0.12 $0.16 $0.30

Bag of apples

33 JMD 43 JMD 71 JMD
MINIMUM AVERAGE MAXIMUM
$0.21 $0.28 $0.46
Chart showing the prices and cost of commute, travel, and transportation in Kingston


Commute, travel, and transportation costs


20 minutes taxi ride

81 JMD 97 JMD 190 JMD
MINIMUM AVERAGE MAXIMUM
$0.52 $0.62 $1.2

Average car full tank

460 JMD 620 JMD 1,200 JMD
MINIMUM AVERAGE MAXIMUM
$3 $4 $7.9

Average car 1-day rental

510 JMD 680 JMD 1,000 JMD
MINIMUM AVERAGE MAXIMUM
$3.3 $4.4 $6.6

Average car price

230,000 JMD 460,000 JMD 620,000 JMD
MINIMUM AVERAGE MAXIMUM
$1,500 $3,000 $4,000

Bus ticket one way

17 JMD 26 JMD 51 JMD
MINIMUM AVERAGE MAXIMUM
$0.11 $0.16 $0.33

Car Service

680 JMD 1,000 JMD 2,000 JMD
MINIMUM AVERAGE MAXIMUM
$4.4 $6.6 $13
Chart showing the prices and cost of utility, energy, water, and gas in Kingston


Utility cost (monthly)


Utility Bill - Individual

590 JMD 4,200 JMD 28,000 JMD
MINIMUM AVERAGE MAXIMUM
$3.8 $27 $180

Internet and cable

460 JMD 920 JMD 1,200 JMD
MINIMUM AVERAGE MAXIMUM
$3 $5.9 $7.9

Mobile phone charges

370 JMD 620 JMD 1,800 JMD
MINIMUM AVERAGE MAXIMUM
$2.4 $4 $12

Leisure and activities costs


Movie ticket

230 JMD 310 JMD 460 JMD
MINIMUM AVERAGE MAXIMUM
$1.5 $2 $3

One month gym membership

820 JMD 1,000 JMD 2,000 JMD
MINIMUM AVERAGE MAXIMUM
$5.2 $6.6 $13
Chart showing the prices and cost of clothing and accessories in Kingston


Cloths and accessories costs


Pair of jeans or pants

600 JMD 850 JMD 1,300 JMD
MINIMUM AVERAGE MAXIMUM
$3.9 $5.5 $8.2

Woman dress

570 JMD 780 JMD 2,600 JMD
MINIMUM AVERAGE MAXIMUM
$3.6 $5 $16

Woman shoes

540 JMD 730 JMD 1,700 JMD
MINIMUM AVERAGE MAXIMUM
$3.5 $4.7 $11

Men's shoes

460 JMD 570 JMD 1,100 JMD
MINIMUM AVERAGE MAXIMUM
$3 $3.6 $7.3

Men suit

510 JMD 640 JMD 3,400 JMD
MINIMUM AVERAGE MAXIMUM
$3.3 $4.1 $22

Regular t-shirt

260 JMD 340 JMD 1,000 JMD
MINIMUM AVERAGE MAXIMUM
$1.6 $2.2 $6.6
Chart showing the prices and cost of housing, accommodation, and rent in Kingston


Housing costs / monthly rent


Studio apartment

8,500 JMD 13,000 JMD 34,000 JMD
MINIMUM AVERAGE MAXIMUM
$55 $82 $220

1-bedroom apartment

13,000 JMD 20,000 JMD 51,000 JMD
MINIMUM AVERAGE MAXIMUM
$82 $130 $330

2-bedroom apartment

17,000 JMD 26,000 JMD 68,000 JMD
MINIMUM AVERAGE MAXIMUM
$110 $160 $440

Housing costs / Buying


Studio apartment

1.7M JMD 2.6M JMD 5.1M JMD
MINIMUM AVERAGE MAXIMUM
$11,000 $16,000 $33,000

1-bedroom apartment

2M JMD 3.4M JMD 13M JMD
MINIMUM AVERAGE MAXIMUM
$13,000 $22,000 $82,000

2-bedroom apartment

3.4M JMD 10M JMD 20M JMD
MINIMUM AVERAGE MAXIMUM
$22,000 $66,000 $130,000
Chart showing the prices and cost of furniture in Kingston


Furniture Costs


King Size Bed

9,200 JMD 12,000 JMD 15,000 JMD
MINIMUM AVERAGE MAXIMUM
$59 $74 $99

Double Bed

6,200 JMD 9,200 JMD 12,000 JMD
MINIMUM AVERAGE MAXIMUM
$40 $59 $74

Single Bed

5,400 JMD 7,100 JMD 9,200 JMD
MINIMUM AVERAGE MAXIMUM
$35 $46 $59

Living Room

10,000 JMD 13,000 JMD 46,000 JMD
MINIMUM AVERAGE MAXIMUM
$66 $85 $300

Dining Table

4,600 JMD 6,200 JMD 12,000 JMD
MINIMUM AVERAGE MAXIMUM
$30 $40 $74

Sofa or Couch

6,200 JMD 8,400 JMD 18,000 JMD
MINIMUM AVERAGE MAXIMUM
$40 $54 $120
Chart showing the prices and cost of electronic devices and appliances in Kingston


Electronics and House Appliance Costs


TV Set

6,200 JMD 9,200 JMD 18,000 JMD
MINIMUM AVERAGE MAXIMUM
$40 $59 $120

Fridge or Freezer

5,400 JMD 8,400 JMD 12,000 JMD
MINIMUM AVERAGE MAXIMUM
$35 $54 $74

Washing Machine

7,100 JMD 10,000 JMD 18,000 JMD
MINIMUM AVERAGE MAXIMUM
$46 $66 $120

Stove or Cooker

6,600 JMD 8,400 JMD 12,000 JMD
MINIMUM AVERAGE MAXIMUM
$42 $54 $74

Mobile Phone

7,700 JMD 9,200 JMD 13,000 JMD
MINIMUM AVERAGE MAXIMUM
$49 $59 $85

Laptop or Computer

8,400 JMD 10,000 JMD 18,000 JMD
MINIMUM AVERAGE MAXIMUM
$54 $66 $120
Single person or Individual cost of living and expenditure to income ratio in Kingston

Single person expenditure to income ratio in Kingston

Analysing the how affordable it is for an individual to live in Kingston

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. Individuals usually spend a larger chunk of their income than other population groups. A typical and healthy expenditure percentage for a single individual ranges between 70% to 80%.


Spending to Income Ratio

83%

76% to 90%

( expenditure / income ) x 100


Individuals in Kingston spend around 83% of their monthly income. Some individuals spend as low as 76% of their income while some as high as 90%.

Distribution of monthly cost of living expenses of a single person in Kingston

How do individuals spend their money in Kingston?

We asked thousands of individuals 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 individuals

Accomodation Cost28%

28% of total expenses on average (16% to 40%)

LOW$23   3,500 JMD
AVERAGE$160   25,000 JMD
HIGH$1,100   170,000 JMD
Per Month

Individuals in Kingston typically spend from 16% to 40% of their total monthly expenditure on housing with 28% being the average. The average monthly spend on housing is 25,000 JMD with expenditure ranging from 3,500 JMD to 170,000 JMD. This cost mainly goes for rent but it also includes other accommodation-related expenses.

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

Cost of utilities9%

9% of total expenses on average (5% to 14%)

LOW$3.8   590 JMD
AVERAGE$27   4,200 JMD
HIGH$180   28,000 JMD
Per Month

Utility expenditure like electricity, water, and gas in Kingston ranges from 5% to 14% of total expenses with 9% being the average for most individuals. The average monthly cost of utilities is 4,200 JMD with 590 JMD and 28,000 JMD being the upper and lower limits for a single person.

Transport, fuel, and commute expenditure for individuals

Cost of transport and fuel4%

4% of total expenses on average (2% to 10%)

LOW$5.1   790 JMD
AVERAGE$36   5,600 JMD
HIGH$240   37,000 JMD
Per Month

Fuel consumption and cost of transport depend heavily on whether a single person resides near school and work, but roughly speaking a single person would expect to spend from 790 JMD to 37,000 JMD in a month on commuting with 5,600 JMD being the norm for most individuals. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 2% or as high as 10%.

Food, groceries, and basic shopping expenditure for individuals

Food and Groceries Cost20%

20% of total expenses on average (14% to 25%)

LOW$10   1,600 JMD
AVERAGE$72   11,000 JMD
HIGH$480   75,000 JMD
Per Month

The average outlay on groceries and basic houshold items for a typical person in a month in Kingston is 11,000 JMD. The cost of groceries can range between 1,600 JMD to 75,000 JMD. Individuals spend on average about 20% on food and groceries with upper and lower bounds of 14% and 25% respectively.

Healthcare and medical services expenditure for individuals

Cost of healthcare13%

13% of total expenses on average (7% to 17%)

LOW$5.7   880 JMD
AVERAGE$41   6,300 JMD
HIGH$270   42,000 JMD
Per Month

Individuals in Kingston allocate 7% to 17% 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 13%. The range of medical expenses range from 880 JMD to 42,000 JMD with 6,300 JMD being the norm for most individuals.

Leisure and shopping expenditure for individuals

Cost of leisure and shopping2%

2% of total expenses on average (2% to 5%)

LOW$3.2   490 JMD
AVERAGE$23   3,500 JMD
HIGH$150   23,000 JMD
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 490 JMD to 23,000 JMD with 3,500 JMD being the average. Speaking of percentages, that equates to 2% to 5% of total expenses with an average of 2% for most individuals.

Education and schooling expenditure for individuals

Cost of education and schooling1%

1% of total expenses on average (0.00% to 3%)

LOW$1.3   200 JMD
AVERAGE$9   1,400 JMD
HIGH$60   9,300 JMD
Per Month

Spending on education can vary drastically between different individuals. On average, education constitutes 1% of the monthly expenditure of individuals with 0.00% and 3% being the lower and upper bounds respectively. The average reported education cost is 1,400 JMD per month with 200 JMD being the minimum spent amount and 9,300 JMD being the maximum.

Other Expenses23%

23% of total expenses on average (15% to 27%)

LOW$11   1,800 JMD
AVERAGE$81   13,000 JMD
HIGH$540   84,000 JMD
Per Month
Percentage of individuals who manage to save money from their income every month in Kingston

What percentage of individuals in Kingston are able to save money and how much can they save?


Percentage of individuals that reported their ability to save money


Saving Money
63%
Not Saving
37%

Almost 63% of surveyed individuals in Kingston said that they can save some money at the end of each month while 37% reported that they have to utilize their whole income to survive.


A single person savings to income ratio in Kingston

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 individuals 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

12% 20% of income 32%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

2,400 JMD
$16
22,000 JMD
$140
140,000 JMD
$930
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for individuals

Saving To Income Ratio% Individuals
0% - 10%33%
10% - 20%26%
20% - 30%17%
30% - 40%12%
40% - 50%9%
> 50%3%

Interpretation and Analysis

Individuals that are able to save money can put anywhere from 12% to 32% of their monthly income to their savings, with 20% being the average for most individuals. The average monthly amount of money that individuals can put aside is 22,000 JMD with 2,400 JMD and 140,000 JMD being the minimum and maximum respectively.

Reasons that make it difficult for individuals to save money in Kingston

Saving Challenges in Kingston

Reasons that make it difficult for individuals to save money

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


Reason% People
Low Income4%
High Expenses7%
Debt and Loans12%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later22%
Inflation14%
Social Pressure2%
Market Instability2%

Around 4% of the individuals said that their salary is too low to accommodate a portion for savings while 7% said that the high cost of living leaves little room for savings. 12% of the residents said that they are burdened with debt and find it challenging to save money. 12% 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. 12% of individuals 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. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 22% 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. 14% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 2% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do individuals choose to put their savings in Kingston

Typical saving choices for individuals in Kingston

Where do people choose to put their savings?


Saving Type% People
Emergency Funds13%
Gold14%
Savings Accounts16%
Retirement Accounts9%
Cash Savings22%
Real Estate9%
Investment5%
Stocks3%
Bonds4%
Mutual Funds2%
Certificates of Deposit2%
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 individuals to live in Kingston

Affordable living in Kingston

Income and cost of living compatibility

We asked individuals one simple question and recorded their answers.

Is it affordable or economical to live in Kingston?


Yes
55%
No
45%

Around 55% of surveyed individuals think that living in Kingston is affordable with proper budgeting while 45% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting for individuals. Are there plenty of low-cost options in Kingston

Low-cost alternatives in Kingston

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 individuals how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options58%

Few low-cost options42%


Based on the survey, 58% of the individuals living in Kingston have no problem finding low-cost alternatives to support a frugal lifestyle while 42% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds For Individuals

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 individuals of Kingston whether they have an emergency fund and the answers were as follows.

Yes53%

No47%


Based on the survey, 47% of the individuals living in Kingston said that they don't have an emergency fund while 53% said that they do.

Financial literacy and difficulty in budgeting and financial planning for individuals in Kingston

Financial Literacy in Jamaica

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 Leteracy47%


We asked individuals in Kingston whether they acquired any adequate personal financial training in their lives. Approximately 53% 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 47% 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 single people of Jamaica have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 49% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 51% said that they have everything under control.

Struggles with finance49%

Easily manages finances51%

Financial goals and targets of single people living in Kingston

Financial goals of individuals in Kingston

In an attempt to understand the economic situation in Kingston, 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 Fund9%
Debt Reduction46%
Retirement Savings11%
Education Funding6%
Homeownership19%
Investing6%
Travel or Lifestyle5%
Healthcare Expenses15%
Financial Independence4%

Around 9% of individuals said that their main goal is to establish an emergency fund to cover unexpected expenses while 46% said their number one priority is to pay off high-interest debt or loans and improve credit. 11% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 6% reported that their priority is saving for the tuition fees and education costs of their children while 19% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 5% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 15% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Chart showing the percentage of individuals who are in debt in Kingston

Debt, loans, and mortgages in Kingston


Percentage of individuals who are in debt


In Debt
32%
Debt Free
68%

According to the survey, 32% of the individuals in Kingston have some kind of debt, loan, mortgage, or credit card payments while 68% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Kingston

Debt-to-income ratio in Kingston

Debt to income ratio

34%

25% to 42%

( 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 34% of a single person's monthly income in Kingston goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%4%
50% - 60%20%
40% - 50%16%
30% - 40%18%
20% - 30%9%
10% - 20%10%
0% - 10%25%

According to our data, 4% of the debtors in Kingston pay 60%+ of their income as debt settlement while 20% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 16% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 18% dedicated 30% to 40% of income for same. Things are looking brighter for 9% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Kingston

Debt% People
Real Estate Mortgage7%
Auto Loan13%
Student Loan4%
Credit Card31%
Personal Loan45%

7% of debtors in Kingston confirm that real estate mortgages constitutes the main part of their outstanding debt while 31% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 13% of people and personal loans rose at 45%. Lastly, student loans are the main source of debt for 4% of debtors in Kingston.


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 Kingston

Besides measuring the loan-to-income ratio, we asked individuals of Kingston 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
Never49%
Once a year25%
Twice a year13%
Three times a year9%
Four times a year5%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Kingston

Housing costs, accommodation, and housing affordability in Kingston

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


Rent Cost in Kingston

Monthly Rent Prices

Studio apartment monthly rent cost

8,500 JMD 13,000 JMD 34,000 JMD
MINIMUM AVERAGE MAXIMUM
$55 $82 $220

1-bedroom apartment monthly rent cost

13,000 JMD 20,000 JMD 51,000 JMD
MINIMUM AVERAGE MAXIMUM
$82 $130 $330

2-bedroom apartment monthly rent cost

17,000 JMD 26,000 JMD 68,000 JMD
MINIMUM AVERAGE MAXIMUM
$110 $160 $440

3-bedroom apartment monthly rent cost

20,000 JMD 34,000 JMD 93,000 JMD
MINIMUM AVERAGE MAXIMUM
$130 $220 $600

Furnished apartment monthly rent cost

41,000 JMD 100,000 JMD 200,000 JMD
MINIMUM AVERAGE MAXIMUM
$260 $660 $1,300

Townhouse monthly rent cost

34,000 JMD 51,000 JMD 150,000 JMD
MINIMUM AVERAGE MAXIMUM
$220 $330 $940

House monthly rent cost

41,000 JMD 100,000 JMD 200,000 JMD
MINIMUM AVERAGE MAXIMUM
$260 $660 $1,300

Villa monthly rent cost

51,000 JMD 130,000 JMD 200,000 JMD
MINIMUM AVERAGE MAXIMUM
$330 $820 $1,300

The monthly rental cost of a studio apartment in Kingston ranges between 8,500 JMD and 34,000 JMD, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 13,000 JMD to 51,000 JMD. Two-bedroom rentals rate ranges between 17,000 JMD and 68,000 JMD per month. The monthly rental for a three-bedroom apartment ranges from 20,000 JMD to 93,000 JMD. The average rent of a townhouse in Kingston is around 51,000 JMD while house rental costs can be as high as 100,000 JMD per month. Finally, if you want to rent a villa, expect to pay anywhere from 51,000 JMD to 200,000 JMD per month.



Apartment and house prices in Kingston

Cost of buying a property

Studio apartment price

1.7M JMD 2.6M JMD 5.1M JMD
MINIMUM AVERAGE MAXIMUM
$11,000 $16,000 $33,000

1-bedroom apartment price

2M JMD 3.4M JMD 13M JMD
MINIMUM AVERAGE MAXIMUM
$13,000 $22,000 $82,000

2-bedroom apartment price

3.4M JMD 10M JMD 20M JMD
MINIMUM AVERAGE MAXIMUM
$22,000 $66,000 $130,000

3-bedroom apartment price

11M JMD 17M JMD 51M JMD
MINIMUM AVERAGE MAXIMUM
$73,000 $110,000 $330,000

Townhouse price

15M JMD 34M JMD 130M JMD
MINIMUM AVERAGE MAXIMUM
$94,000 $220,000 $820,000

House price

17M JMD 100M JMD 150M JMD
MINIMUM AVERAGE MAXIMUM
$110,000 $660,000 $940,000

Villa price

20M JMD 110M JMD 170M JMD
MINIMUM AVERAGE MAXIMUM
$130,000 $730,000 $1.1M

The average price of a studio apartment in Kingston can range from 1.7M JMD to 5.1M JMD depending on location. One bedroom cost can be anywhere from 2M JMD to 13M JMD. A villa can cost you 110M JMD on average with prices ranging from 20M JMD to 170M JMD.


If you're leasing or purchasing, housing costs in Kingston 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


33 x91 monthly income 203
MINIMUM AVERAGE MAXIMUM

Property prices in Kingston can be x91 to x203 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x91 multiples of the average monthly salary in Kingston.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


20% 31% of income 41%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Kingston is around 31%. This means that people pay 31% of their income for rent. Those figures can range from 20% to 41% 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
1.8%
AVERAGE
2.8%
TO
3.7%

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.


160 JMD 2,000 JMD 20,000 JMD
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.

Monthly costs and expenses of energy and basic utilities in Kingston

Utilities expenditure can vary slightly between different areas and locations.


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

Utility Bill Cost / Electricity + Water + Gas / A single person

590 JMD 4,200 JMD 28,000 JMD
MINIMUM AVERAGE MAXIMUM
$3.8 $27 $180

Internet and cable cost

460 JMD 920 JMD 1,200 JMD
MINIMUM AVERAGE MAXIMUM
$3 $5.9 $7.9

Mobile phone bill and charges

370 JMD 620 JMD 1,800 JMD
MINIMUM AVERAGE MAXIMUM
$2.4 $4 $12

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 individuals is around 4,200 JMD. The cost of internet and WiFi ranges from 460 JMD to 1,200 JMD with 920 JMD being the average internet bill. Finally, the average monthly mobile charges is around 620 JMD but can range between 370 JMD and 1,800 JMD 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


4.2% 7.4% of income 12%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Kingston is around 7.4%. This means that people pay 7.4% of their income for energy, water, internet, and mobile charges. Those figures can range from 4.2% to 12% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Kingston

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


Prices and cost of goods and services in Kingston

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

Fast food combo meal price

92 JMD 180 JMD 310 JMD
MINIMUM AVERAGE MAXIMUM
$0.59 $1.2 $2

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Kingston is approximatly 180 JMD with meal cost ranging from 92 JMD to 310 JMD. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

320 JMD 490 JMD 970 JMD
MINIMUM AVERAGE MAXIMUM
$2.1 $3.1 $6.2

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 320 JMD and 970 JMD with 490 JMD being the average price of a plate for one person at a regular restaurant in Kingston.

Fine dining meal for one price

650 JMD 970 JMD 3,900 JMD
MINIMUM AVERAGE MAXIMUM
$4.2 $6.2 $25

The price range of a meal at fine-dining restaurant is 650 JMD to 3,900 JMD with the average cost being 970 JMD for one person. This is what you would expect to pay a top-tier diner in Kingston.

Beverage prices, cappuccino, latte etc..

77 JMD 120 JMD 180 JMD
MINIMUM AVERAGE MAXIMUM
$0.49 $0.79 $1.2

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Kingston is around 120 JMD. Price ranges between 77 JMD and 180 JMD depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

62 JMD 74 JMD 92 JMD
MINIMUM AVERAGE MAXIMUM
$0.40 $0.47 $0.59

The average price of a large bottle of milk in Kingston is 74 JMD. The maximum what you would pay for milk is 92 JMD and the minimum being 62 JMD depending on the brand of milk and other properties.

12 eggs price

46 JMD 62 JMD 92 JMD
MINIMUM AVERAGE MAXIMUM
$0.30 $0.40 $0.59

A dozen eggs costs around 62 JMD on average with 46 JMD and 92 JMD being the lower and upper limits respectively.

Fresh whole chicken price

100 JMD 140 JMD 190 JMD
MINIMUM AVERAGE MAXIMUM
$0.67 $0.87 $1.2

The price range of a fresh whole chicken in Kingston is between 100 JMD and 190 JMD depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 140 JMD.

Pack of beef price

120 JMD 180 JMD 370 JMD
MINIMUM AVERAGE MAXIMUM
$0.79 $1.2 $2.4

The price of a regular pack of beef or meat is around 180 JMD. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

50 JMD 68 JMD 96 JMD
MINIMUM AVERAGE MAXIMUM
$0.32 $0.44 $0.62

A bag of rice in Kingston costs around 68 JMD on average with prices rangeing between 50 JMD and 96 JMD depending on the brand and quality.

Bag of tomatos price

18 JMD 25 JMD 46 JMD
MINIMUM AVERAGE MAXIMUM
$0.12 $0.16 $0.30

A bag of tomatoes costs anywhere from 18 JMD to 46 JMD. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

33 JMD 43 JMD 71 JMD
MINIMUM AVERAGE MAXIMUM
$0.21 $0.28 $0.46

A bag of apples costs 43 JMD 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


20% 29% of income 35%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Kingston is around 29%. This means that individuals spend 29% of their income on grocery and basic household items. The expenditure can range from 20% to 35% depending on salary and location.


Expenditure on food and grocery for individuals

Individuals' spending on grocery ranges from 1,600 JMD to 75,000 JMD with the location, income being the most determinite factors.

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