Costa Rica vs Grenada
Grenada costs roughly 39% less than Costa Rica, though Costa Rica scores higher on healthcare. Use our tool below to personalize the estimate based on your income and lifestyle.
Grenada is approximately 39% less expensive than Costa Rica based on cost of living including rent. This makes Grenada a more budget-friendly option for expats considering a move.
Grenada has a FIRE Score of 63/100, indicating its suitability for financial independence and early retirement. The country's safety index is 62.8, which is relatively safe.
Recommended profile: Grenada is well-suited for retirees seeking a balanced lifestyle.
About Costa Rica
Costa Rica works for retirees who want a rubber-stamp visa, not bargain hunters chasing rock-bottom prices. A one-bedroom near the city center runs $903/mo, pushing this above typical Latin America budget destinations. The Pensionado visa only requires $1,000/mo in retirement income, but progressive income tax up to 25% and a clear path to permanent residency mean this is a lifestyle purchase, not a tax play.
$1,153/mo
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About Grenada
A one-bedroom near the city center runs $632.54 a month, cheaper than rent in most mid-size US metros, and the digital nomad visa only requires $3,083.33 in verifiable monthly income, low enough for a remote salary to cover it comfortably. English is official, safety ratings are high, and the pathway to citizenship is clear, but no retirement visa exists and healthcare scores just 51.2, so this works for working nomads more than retirees needing serious medical infrastructure.
$1,292/mo
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Living Costs (excl. rent)
Rent Per Month
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Country Details →Battle of Lifestyles
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| Metric | Costa Rica | Grenada |
|---|---|---|
| Travel Advisory | Level 2: Increased Caution | Level 2: Increased Caution |
| Quality of Life Index | 129.4 +3.6 | 125.8 |
| Healthcare Index | 64.3 +13.1 | 51.2 |
| Safety Index | 45.9 | 62.8 +16.9 |
| Cost of Living Index | 50.1 | 36 +14.1 |
| Living Costs (Single, excl. rent) | $944 +131.6 | $1,075.6 |
| Living Costs (Family, excl. rent) | $3,504.1 +365.5 | $3,869.6 |
| 1BR Apartment (Center) | $903.45 | $632.54 +270.91 |
| 1BR Apartment (Outside) | $642.83 | $434.95 +207.88 |
| 3BR Apartment (Center) | $1,721.95 | $1,298.2 +423.75 |
| 3BR Apartment (Outside) | $1,157.73 | $844.33 +313.4 |
| Avg Internet Speed | 212.24 Mbps +63.2 | 149.05 Mbps |
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Income thresholds, fees, processing time and residency paths for Costa Rica and Grenada, side by side.
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