Grenada
Caribbean · North America
Population
125K
GDP (Nominal)
$1.32B
Capital City
St. George's
Currency
XCD (East Caribbean Dollar)
Avg Salary
$750/mo
Region
Caribbean
Livability Index 2026
55/100
Cost of Living
10/100
Avg Salary
70/100
Safety
55/100
Healthcare
60/100
Education
65/100
Overall Livability
Institutional Summary
Grenada is a stunning Caribbean island nation famous for its aromatic spices, pristine beaches, and prestigious offshore medical university.
Cost of Living
Monthly Rent (1BR)$600
Monthly Groceries$300
Monthly Transport$40
Utilities & Internet$150
Estimated Total Monthly
$1,090 /person
AI Algorithm Summary
Major Strengths
- • Accessible immigration and visa pathways
Algorithmic Red Flags
- • High unemployment rate (15%)
Economic Performance
📊 GrowingGDP Per Capita
$10,560
Inflation Rate
3%
Unemployment
15%
5-Year GDP Trend
Migration & Visa
Visa-free for many
Digital Nomad Visa
Citizenship by Investment
Visa Difficulty
1/10
PR Eligibility
Available through extended residence or investment.
Employment Landscape
Avg Monthly Salary
$750
Trending
Top Performing Industries
Tourism
Agriculture (Nutmeg, Mace)
Beverages
Social Indicators
Life Expectancy
72.4 Yrs
Literacy Rate
98.6%
Top Universities (QS Rank)
St. George's University#
Compare Grenada
Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.