Port of Spain, Trinidad and Tobago
Port of Spain is a major city in Trinidad and Tobago with a population of 150,000.
Below Average vs Trinidad and Tobago Avg (100)
Above Average
Household income
Job market health
Port of Spain vs Trinidad and Tobago Average
Taxes
- State Income Tax: None
- Sales Tax: 12.5%
Economy & Jobs
- Median Income: TT$ 60,000
- Unemployment: 5.0%
- Population: 150,000
Climate
- Sunny Days: 250/year
- Summer High: 88°F
- Winter Low: 72°F
- Farming Zone: USDA Zone 7b
Housing
- Median Home: TT$1,500,000
- 1BR Rent: TT$4000/mo
Cost of Living
Port of Spain's cost of living index is 100 (Trinidad and Tobago average = 100).
| Category | Port of Spain | National Average | Difference |
|---|---|---|---|
| Overall | 100 | 100 | 0.0% |
| Housing | 115 | 100 | +15.0% |
Data source: Council for Community and Economic Research (C2ER), 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | TT$1,500,000 |
| Median Rent (1BR) | TT$4000/mo |
| Median Rent (2BR) | TT$5,000/mo |
| Price per Sq Ft | TT$1,000 |
Data source: Zillow Research, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Port of Spain:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | TT$200 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | TT$64 | Estimated based on local climate and electricity rates |
| Water | TT$80 | Includes sewer |
| Internet (100+ Mbps) | TT$150 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | TT$494 | Monthly estimate (including heating & cooling) |
Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Remote Work Score
Port of Spain scores —/100 for remote work readiness:
Climate
Port of Spain has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 92°F | 72°F | 2.5" |
| April | 73°F | 87°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 90°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
Port of Spain faces the following natural hazards:
Significant hurricane risk.
Extreme summer heat.
Caribbean islands with tsunami risk.
Storm flooding.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 12.5%
- Property Tax: ~0% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.
Schools & Education
Academic Schedule
Carnival in February/March is a major holiday.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Port of Spain, Trinidad and Tobago?
The cost of living index in Port of Spain is 100, which is Lower the Trinidad and Tobago national average of 100.
How much does it cost to buy a home in Port of Spain?
The median home price in Port of Spain is TT$1,500,000. The housing index is 115.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Port of Spain is approximately TT$4000/mo.
Does Port of Spain, Port of Spain have income tax?
Port of Spain is in Port of Spain, which has no income tax.
What is the climate like in Port of Spain?
Port of Spain enjoys approximately 250 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 72°F.
Data Sources
- Cost of Living: Council for Community and Economic Research (C2ER), 2026
- Housing Data: Zillow Research, 2026
- Income & Employment: US Census Bureau American Community Survey, 2024
- Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.