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Cost of Living in Guyana


Cost of Living in Guyana

The cost of living in Guyana is relatively very high, because most of the items used in daily life are imported with high transportation costs involved. Monopoly in some business sectors also causes higher profit booking and further raising of prices. For example (as of January, 2010) the approximate prices of Gasoline (Petrol) is US$5 per litre, electricity price is US$0.33 per unit. A domestic gas bottle (gas cylinder) is over US$ 20. Rent for average family accommodation is US$500 per month in safer urban locations and personal income tax, which is 33.33% (one third) of total taxable income makes the cost of living further higher.

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Guyana Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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