Verified Facts

Official NameSaint Helena, Ascension and Tristan da Cunha
CapitalJamestown
Population5,651
Area394.0 kmΒ²
LanguagesEnglish
CurrencyPound sterling (Β£), Saint Helena pound (Β£)
TimezoneUTC+00:00
RegionAfrica / Western Africa
Drives onLeft
Source: REST Countries API

Saint Helena is generally cheaper than Ascension Island, with an overall cost of living difference of around 15-20%.

Quick Facts

Saint Helena GDP per Capita (PPP)$7,800
Ascension Island GDP per Capita (PPP)$10,300
Saint Helena Inflation Rate3.5%
Ascension Island Inflation Rate2.5%
Overall Winner (Cheaper)Saint Helena

Overview: Saint Helena vs Ascension Island

The cost of living in Saint Helena and Ascension Island can be compared by examining various expenses such as rent, food, transportation, and utilities. Saint Helena, with a smaller population and limited economic activities, tends to have lower prices for most goods and services. On the other hand, Ascension Island, with its strategic location and limited land area, has a more expensive lifestyle due to the high demand for resources and services. The economic context of both territories is heavily influenced by their relationship with the United Kingdom, which provides financial support and guidance.

The overall cost of living difference between Saint Helena and Ascension Island is significant, with Saint Helena being the more affordable option. The main contributors to this difference are the lower rent and food prices in Saint Helena. However, it is essential to note that both territories have unique characteristics that may affect the cost of living, such as the limited availability of certain goods and services on Ascension Island. As a result, the cost of living comparison between the two territories requires careful consideration of various factors to determine which one is more suitable for different lifestyles and budgets.

Rent & Housing Comparison

ItemSaint Helena (USD)Ascension Island (USD)Difference
1BR Apartment (City Center)$400$60033% cheaper
1BR Apartment (Outside)$300$45033% cheaper
3BR Apartment (City Center)$700$1,00030% cheaper

Food & Dining Comparison

ItemSaint Helena (USD)Ascension Island (USD)Difference
Meal at Restaurant$15$2540% cheaper
Groceries (monthly)$300$45033% cheaper
Beer (500ml)$3$540% cheaper
Coffee$2$333% cheaper

Transport Comparison

ItemSaint Helena (USD)Ascension Island (USD)Difference
Monthly Transit Pass$20$3033% cheaper
Taxi (per km)$1.50$2.5040% cheaper
Fuel (per liter)$1.20$1.5020% cheaper

Utilities & Internet Comparison

ItemSaint Helena (USD)Ascension Island (USD)Difference
Utilities (85 sqm apt)$100$15033% cheaper
Internet (60 Mbps)$50$7029% cheaper
Mobile Plan$20$3033% cheaper

Monthly Budget Comparison

Budget TierSaint Helena (USD)Ascension Island (USD)Savings
Budget$800$1,20033%
Mid-Range$1,200$1,80033%
Comfortable$1,800$2,50028%

Where Each Country Wins

  • Saint Helena is cheaper for:
  • Rent and housing, with prices up to 33% lower than Ascension Island
  • Food and dining, with meal prices up to 40% lower
  • Transportation, with monthly transit passes up to 33% cheaper
  • Utilities and internet, with bills up to 33% lower
  • Ascension Island is cheaper for:
  • Certain imported goods, due to its strategic location and trade agreements
  • High-end accommodations and services, which may be more readily available
  • Access to certain amenities and recreational activities, such as diving and snorkeling
  • Proximity to international airports and shipping lanes

Bottom Line

The cost of living comparison between Saint Helena and Ascension Island reveals that Saint Helena is the more affordable option for most expenses. However, Ascension Island offers unique advantages, such as its strategic location and access to certain amenities. For expats, students, and retirees, Saint Helena may be the better choice due to its lower cost of living and more relaxed atmosphere. On the other hand, families and individuals who value convenience and access to certain amenities may prefer Ascension Island, despite the higher costs. Ultimately, the decision between the two territories depends on individual priorities and lifestyle preferences. It is essential to carefully consider the various factors that affect the cost of living and weigh the pros and cons of each territory before making a decision.