Places in the Caribbean to Live for Less Than $2,500 a Month Salem, Montserrat
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12 Beautiful Places in the Caribbean Where You Can Live for Less Than $2,500 a Month

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Usually, the word “Caribbean” conjures images of white sand beaches, crystal-clear turquoise waters, tall palm trees, and luxury resorts. After all, this is why tourists flock to the island region yearly. However, others choose to stay away because they believe it’s too expensive.

While many islands, namely Barbados, are expensive, that generalization is unfair. Some places are surprisingly affordable. So much so you can even live there for a relatively reasonable price.

To learn more, here are 12 beautiful places in the Caribbean where you can live for less than $2,500 a month. We’ve selected these places based on affordability, beauty, and things to do. 

Corozal, Belize

Places in the Caribbean to Live for Less Than $2,500 a Month Corozal, Belize
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According to Live and Invest Overseas, living in Belize for as little as $1,398 monthly is possible. Even in the more expensive parts of the island, such as Corozal, you can live comfortably for approximately $2,000 monthly. This is mainly because rent in Belize is affordable. You can find cheap accommodation for only $600 per month.

Belize is a breathtaking Central American country with beautiful Caribbean shorelines, dense jungle, and ancient Mayan ruins. The country was once the heart of Mayan civilization, so you’ll find numerous ruins when exploring and hiking. When you’re not learning more about the Mayans or sunbathing on one of the many beaches, search for wildlife in the jungle, including the elusive Jaguar.

Read also: Untouched Caribbean Islands

Punta Cana, Dominican Republic

Hidden-Beaches-in-the-Caribbean_Playa-La-Vacama-Dominican-Republic
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The Dominican Republic shares the island of Hispaniola with Haiti. The island is best known for its pristine beaches, luxury resorts, wall-to-wall sunshine, and rich landscape with savannah and rainforest. Despite being consistently ranked one of the top destinations in the world, the Dominican Republic is one of the most affordable places to live in the Caribbean.

Expatistan reports that expats can live on the island for just $1,203 monthly. Aside from accommodation, food, drink, and utilities are cheap in the Dominican Republic. Punta Cana is one of the most popular places to live, as are Santo Domingo, Puerto Plata, and Jarabacoa. Significant points of interest include the 27 Waterfalls of Damajagua, Puerto Plata Cable Car, and Bavaro Beach.

Read also: Incredible Hidden Beaches in the Caribbean

Roatán, Honduras

Places in the Caribbean to Live for Less Than $2,500 a Month Roatán, Honduras
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If you’ve always dreamt of living a laid-back lifestyle by the beach, Roatán in Honduras could be perfect. Offering a Western Caribbean escape surrounded by glorious beaches, emerald waters, and a wide range of things to do, you can’t go wrong. While the island is pretty spectacular, Roatán is the best place to live.

Here, you can live a luxurious lifestyle for between $2,000 and $2,500 a month. If you have a big enough budget, you could purchase a beachfront property with two bedrooms for roughly $175,000. In Roatán, you’ll relax, admire coastal views, and participate in outdoor activities. This includes hiking, swimming, boating, snorkeling, and diving.

Read also: Unmissable Beaches in the Caribbean

Isla Colón, Panama

Places in the Caribbean to Live for Less Than $2,500 a Month Isla Colón, Panama
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Isla Colón is the main island in the Bocas del Toro Archipelago off the coast of Panama. It’s much loved for its calm turquoise waters, vibrant waterfront town (Bocas Town), and many fascinating things to see and do. You’ll easily access the island’s main attractions and activities if you base yourself in Bocas Town.

Popular things to do on the island include swimming, water sports, fishing, whale watching, and shopping. One major draw to the island is the Colón Free Zone, where you’ll find countless wholesalers, retailers, and public shops. Regarding finances, International Living reports that tourists can live in Isla Colón for between $1,095 to $2,200 monthly.

Read also: Insta-Worthy Spots in the Caribbean

Negril, Jamaica

Historical Sites in the Caribbean The Underwater City of Port Royal, Jamaica
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Jamaica is a hugely popular Caribbean vacation destination, famous for its stunning beaches, picturesque waterfalls, and postcard-perfect landscapes. However, despite its popularity, the cost of living across the island is surprisingly affordable. According to Expatistan, a single person can live in Jamaica for approximately $1,765 monthly.

To top things off, flights to and from the island are typically more affordable than to other Caribbean islands. Negril is one of the best places to live in Jamaica. This highly sought-after destination is famed for its beaches, traditional food, and affordable accommodation. Must-visit attractions in the town include Seven Miles Beach, Negril Craft Market, and Negril Cliffs.

Read also: Must-Visit Beaches in the Caribbean

Castries, St. Lucia

Places in the Caribbean to Live for Less Than $2,500 a Month Castries, St. Lucia
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The next destination on our list is Castries in St. Lucia. St. Lucia is one of those places we see an image of and immediately want to visit. However, it’s also a destination most travelers associate with high prices and luxury accommodations. While that is, in some parts, true, you can live on the island for less than $2,500 a month.

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According to Global Citizens Solutions, individuals can budget approximately $1,500 to $2,500 monthly to cover all their living expenses in St. Lucia. If you stay in the capital, Castries, your money will go further. In Castries, spend your time sunbathing on Vigie Beach, walking around the bay, trying local cuisine, and exploring Castries Harbor.

Read also: Visa-Free Caribbean Destinations

Isla Mujeres, Mexico

Places in the Caribbean to Live for Less Than $2,500 a Month Isla Mujeres, Mexico
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Although Isla Mujeres is only eight miles from Mexico’s prime tourist destination, Cancún, it offers a much more laid-back atmosphere and an escape from the hustle and bustle. Better yet, it’s also considered a more affordable place to live. In Isla Mujeres, renting a property for only $700 is possible.

This island town is home to some of the best beaches and water sports in the Caribbean, if not the world. You’ll find glorious stretches of white sand beach with crystal-clear turquoise waters, palm trees, 5-star resorts, and coral reefs teeming with marine life. You’ll likely spend most of your time on the island swimming in the sea, snorkeling, participating in watersports, and relaxing on one of the many beaches.

Read also: Amazing Sunset Viewing Spots in the Caribbean

Willemstad, Curacao

Surreal Places in the Caribbean Willemstad, Curacao
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Tucked between Aruba and Bonaire and off the coast of Venezuela, Curacao is a gorgeous Caribbean island offering expats beautiful white sand beaches, affordable accommodation, low food and drink costs, and plenty of things to see and do. Willemstad is one of the best places to live on the island.

In Willemstad, you’ll find a fascinating combination of African and Dutch cultures, a lovely Old Town with colonial architecture, vibrant houses, and long sandy beaches. Points of interest in the city include Mambo Beach, Queen Emma Bridge, and Hato Caves. Regarding costs, Expatistan reports that it costs a single person roughly $1,609 per month to live in Willemstad.

Read also: Hidden Gems in the Caribbean

St. George’s, Grenada

Places in the Caribbean to Live for Less Than $2,500 a Month St. George’s, Grenada
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Grenada is a picturesque island best known for its scenic volcanic landscapes, lively coastal towns, and beautiful beaches. However, it’s also known as one of the most affordable islands in the Caribbean. A single person can live comfortably in somewhere like St. George’s for only $1,228 monthly.

This will leave you with more money to spend on things you enjoy. Having said that, beaches like Grand Anse Beach, Morne Rouge, and Mount Paddy Beach offer everything you need to enjoy Grenada without spending any money. In the Grenada capital, you can shop until you drop, immerse yourself in local cultures, and discover historic landmarks. Notable attractions include the 18th-century Fort George, the Grenada National Museum, and St. George’s Market.

Read also: Budget-Friendly Caribbean Islands

Store Bay, Trinidad and Tobago

Places in the Caribbean to Live for Less Than $2,500 a Month Store Bay, Trinidad and Tobago
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Trinidad and Tobago is a dual-island nation located near Venezuela in South America. This island is most loved for its serene tropical landscapes, unique culture, vibrant towns, and diverse wildlife. Expats living in Trinidad and Tobago spend most of their time wildlife watching, relaxing at the beach, exploring the coast by boat, and experiencing local festivities. 

If you want to live in Trinidad and Tobago, consider Store Bay. Store Bay is located on the island’s southwestern coast. It’s best known for its beautiful beach, turquoise waters, and other natural attractions. Regarding prices, Store Bay is also known for being a more affordable Caribbean destination. You can live in the bay for approximately $2,228 monthly, including rent and utilities.

Read also: Caribbean Attractions Other Than Beaches

St. John, Antigua and Barbuda

Places in the Caribbean to Live for Less Than $2,500 a Month St. John, Antigua and Barbuda
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Located in the heart of the Eastern Caribbean, Antigua and Barbuda is famed for its tropical climate, white sand beaches, and laid-back lifestyle. The dual-island nation is also well-known for its coral reefs and rainforests packed with wildlife. 

According to Numbeo, living in Antigua and Barbuda only costs a single person $1,100 a month. 

Therefore, you can live a luxury lifestyle without breaking the bank. St. John, the capital and main port of Antigua and Barbuda, is a popular place to live. Here, you’ll find many things to see and do and all the amenities you need. The city has a 19th-century Anglican church, the 17th-century Government House, the V.C. Bird monument, a large public market, and St. John’s Cathedral. 

Read also: Spectacular Hiking Trails in the Caribbean

Salem, Montserrat

Places in the Caribbean to Live for Less Than $2,500 a Month Salem, Montserrat
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Don’t panic; Salem, Montserrat, isn’t famous for the 1692 witch trials. That was Salem in Massachusetts, United States. Instead, Salem in the Caribbean is best known for being the most populous town in Montserrat. Montserrat is a mountainous Caribbean island loved for its impressive volcanic landscapes, charming coastal towns, and rich history.

Salem is on the island’s west side, which is good because areas in the south have been turned into exclusion zones since a volcano eruption in the 1990s. You’ll find a beautiful stretch of coastline, a fascinating Old Town, and a lovely beach, Lime Kiln Beach. On average, a single person spends just under $1,200 monthly living in Salem, Montserrat.

Read also: Top Romantic Caribbean Island

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