Verified Facts

Official NameSaint Helena, Ascension and Tristan da Cunha
CapitalJamestown
Population5,651
Area394.0 km²
LanguagesEnglish
CurrencyPound sterling (£), Saint Helena pound (£)
TimezoneUTC+00:00
RegionAfrica / Western Africa
Drives onLeft
Source: REST Countries API

To live in Saint Helena, you would need around $2,500-$4,000 per month for a comfortable lifestyle, depending on your personal preferences and circumstances.

Quick Facts

GDP per Capita (PPP)$7,820
Budget Living (monthly)$1,800 USD
Mid-Range Living (monthly)$2,800 USD
Comfortable Living (monthly)$3,500 USD
Average Local Salary$1,200 USD/month, approximate
CurrencySHP

Cost of Living Overview

Saint Helena has a relatively high cost of living, mainly due to its remote location and limited access to resources. The GDP per Capita (PPP) of $7,820 indicates a moderate to high standard of living. However, the cost of living can vary greatly depending on individual circumstances, such as lifestyle choices and personal preferences. A budget of $1,800 per month can provide a basic but comfortable lifestyle, while $2,800 per month can offer a more mid-range lifestyle with some luxuries. In comparison to neighboring countries, Saint Helena is more expensive than some African nations but less expensive than other island territories in the South Atlantic.

The cost of living in Saint Helena is also influenced by its limited economy and reliance on imports. This means that many goods and services are more expensive than in other countries. However, the island's unique culture and stunning natural beauty make it an attractive destination for tourists and expats. Overall, Saint Helena offers a distinct and rewarding lifestyle, but it may not be the most affordable option for everyone. Compared to other British Overseas Territories, Saint Helena has a similar cost of living to the Falkland Islands but is more expensive than Gibraltar.

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)Notes
Rent (1BR apartment)4007001,200(budget=shared/outside, mid=1BR center, comfortable=nice 2BR)
Food & Groceries5008001,200(budget=cook mostly, mid=mix, comfortable=eat out often)
Transportation100200300(budget=public only, mid=mix, comfortable=taxi/car)
Utilities & Internet150250350(electricity, water, internet, phone)
Healthcare / Insurance100200300(budget=public only, comfortable=private)
Entertainment & Social200400600(going out, hobbies, gym)
Clothing & Personal100200300
Savings / Misc200400600
Total1,7502,9504,250

Budget Tier Lifestyles

At the budget level of $1,800 per month, daily life in Saint Helena would be relatively simple. You could afford a shared apartment or a small house outside of Jamestown, cook most of your meals, and use public transportation. You would need to be mindful of your expenses and make some sacrifices, such as limiting your entertainment and social activities. However, you could still enjoy the island's natural beauty and unique culture. For example, you could explore the island's many hiking trails, visit the local market, and attend community events.

At the mid-range level of $2,800 per month, you could afford a more comfortable lifestyle. You could rent a one-bedroom apartment in Jamestown, enjoy a mix of cooking and eating out, and use a combination of public and private transportation. You would have more freedom to pursue your interests and hobbies, such as joining a sports team or taking art classes. You could also afford to travel to other islands or countries in the region. However, you would still need to be careful with your expenses and make some compromises.

At the comfortable level of $3,500 per month, you could enjoy a relatively luxurious lifestyle in Saint Helena. You could afford a large house or a luxury apartment, eat out frequently, and use a car or taxi for transportation. You would have the freedom to pursue your interests and hobbies without worrying about the cost, and you could afford to travel extensively. You could also afford to hire domestic help or enjoy other luxuries. However, you would still need to be mindful of the island's limited resources and infrastructure.

Cost Comparison by City

CityRent (1BR)Food (monthly)TransportOverall Level
Jamestown700800200Expensive
Half Tree Hollow500600150Moderate
Longwood400500100Moderate

Money-Saving Strategies

  • Take advantage of the island's natural beauty by exploring the many free or low-cost outdoor activities, such as hiking and swimming.
  • Cook your own meals instead of eating out, and buy local produce to save on food costs.
  • Use public transportation instead of taxis or cars to save on transportation costs.
  • Consider sharing an apartment or house with others to reduce rent costs.
  • Shop at the local market or from local farmers to save on groceries.
  • Avoid buying imported goods, which can be expensive due to the island's remote location.
  • Take advantage of the island's community events and activities, which are often free or low-cost.
  • Consider volunteering or working part-time to supplement your income and reduce living costs.

Is Saint Helena Affordable?

Saint Helena can be an affordable destination for certain types of people, such as digital nomads, retirees, or students who are looking for a unique and peaceful lifestyle. The island's slow pace of life and stunning natural beauty make it an attractive destination for those who value tranquility and outdoor activities. However, Saint Helena may not be the most affordable option for families or young professionals who require a more fast-paced and urban lifestyle. The island's limited job opportunities and high cost of living may make it challenging for some people to afford.

Overall, Saint Helena is a unique and rewarding destination that offers a distinct lifestyle. While it may not be the most affordable option for everyone, it can be a great choice for those who value peace, tranquility, and natural beauty. With some careful planning and budgeting, it is possible to live a comfortable and fulfilling life in Saint Helena. However, it is essential to be aware of the island's limitations and challenges, such as the high cost of living and limited job opportunities, and to make an informed decision about whether Saint Helena is the right destination for you.

Related Cost Guides: Rent & Housing · Food & Groceries · Transportation · Saint Helena vs Ascension Island · Saint Helena vs Tristan da Cunha