Commercial Real Estate News
EDC News
Industry News
Territory News
Land For Sale
Press Releases
Relocation & Moving
St. Croix
St. John
St. Thomas
St. Thomas:
Coldwell Banker Stout Realty
Curreri & Co., Realtors
John Foster Real Estate

St. John:
American Paradise Real Estate
Cruz Bay Realty Inc.
Holiday Homes of St. John
RE/MAX Island Paradise Realty
St. John Properties
Town and Country Real Estate

St. Croix:
Chris Hanley
Banking, Business, Services:
1st Bank
Economic Development Authority
Banco Popular
Choice Communications (TV, Internet, VOIP)
St. Thomas, St. John Chamber of Commerce
WAPA (Water & Power Authority)

Antilles School (St. Thomas)
St. Peter & Paul (St. Thomas)
Coral Bay School (St. John)
Pine Peace School (St. John)

Island Life:
National Weather Service
St. Thomas Yacht Club

Relocation Tools:
Virgin Islands News & Relocation Forum
Virgin Islands Travel Forum
Virgin Islands On Line (travel info.)
Settler's Guide To The VI
U.S. Virgin Islands Street Atlas $34.95
Settler's Guide To The VI
Settler's Handbook for the USVI $14.95
Franko's Map of the US Virgin Islands
Franko's guide map of the U.S. Virgin Islands $9.95

Other real estate sources:
News of St. John Real Estate
St. John Tradewinds Classifieds

Recent Entries:
David Fedeles Winter Newsletter
Calabash Boom Proves More of a Fizzle
Developer, Local Activists Spar Over Vessup, Muller Bay Plans
St. John Properties
Court Authorized Sale of Certain Assets of the Pond Bay Club, St. John, U.S. Virgin Islands
US Virgin Island Real Estate Looking To Bounce Back From 2008 Crash
CZM Permit and Lease Workshops
CZM Permit Approved for Long-Awaited Robin Bay Resort
35 Cabrita Point Estate Homesites
RE/MAX Island Paradise Realty
December 2011
July 2011
February 2011
December 2010
September 2010
August 2010
July 2010
April 2010
March 2010
February 2010
November 2009
September 2009
July 2009
June 2009
May 2009
April 2009
March 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
May 2006
January 2006
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004
September 2004
August 2004
July 2004
June 2004
May 2004
April 2004

March 18, 2007

Relocating to the U.S. Virgin Islands: Cost of Living

The cost of living in the U.S. Virgin Islands is definitely higher than on the US mainland. It is hard to put an exact figure on the percentage, but anywhere from 15 to 50% can be considered depending on your lifestyle. This also varies by island, but in general, all the products you buy (food, clothing, cars, electronics, etc.) are not only imported, but are also brought to the islands in small quantities as compared to towns and cities in the states, and therefore more expensive (you could say that the islands lack wholesale purchasing power).

A typical trip to the grocery store costs about 30% more than it would in the states at a large chain store. St. Thomas and St. Croix have more bargain shopping options (K-Mart, discount clubs, large grocery stores, etc.), while residents on St. John make occasional trips to St. Thomas to pick up bulk items more economically. All three islands offer smaller gourmet shops with higher quality (and price!) produce and specialty items.

And donít forget to factor in costs like energy, water, education (if you plan to send your children to a private school) and travel (if you plan to visit friends and family in the states). If you are looking to lower your cost of living or live economically, the U.S. Virgin Islands are really not the place to do it.

That being said, if public school is an option or if you don't have children, if you do not need to live with air conditioning (and it really isn't necessary in many places in the USVI), if you take advantage of local produce or perhaps have your own fruit trees, or if you live in a spot with ample rain and never have to buy water, then you can cut down drastically on your living expenses.

Coldwell Banker, Stout Realty, St. Thomas

Visit our Villa rentals page for the widest selection of privately owned villas and rental agents

Enter your email address to add or remove yourself from our notification list: