Trinidad and Tobago: cost of living

Are food prices rising in Trinidad and Tobago?

Food prices in Trinidad and Tobago were 1.7% higher in July 2026 than a year earlier, according to the Central Bank's monetary policy announcement of 30 September 2026, citing CSO data. The CSO's Consumer Price Index page shows the food and non-alcoholic beverages index rising 1.4% in the single month from May to June 2026, led by chicken, chive, potatoes, celery, pumpkin and cabbage.

The Ministry of Finance's Review of the Economy 2026 records food inflation turning briefly negative (-0.1%) in February 2026, the first fall since January 2024, before rising again from March.

Official sources: Central Bank: Monetary Policy Announcement, September 2026 (PDF) · CSO: Consumer Price Index · Ministry of Finance: Review of the Economy 2026 (PDF)

How much is gas in Trinidad and Tobago?

Super gasoline in Trinidad and Tobago costs TT$5.97 a litre, according to the Minister of Finance's Budget Statement 2027 of 12 October 2026. The statement says the price was cut by TT$1.00 a litre in Budget 2026 and kept unchanged during fiscal 2026 at a cost to the government of TT$290 million, and that without this the average price from March to September 2026 would have been TT$7.64.

The Ministry of Finance's Review of the Economy 2026 lists TT$750.0 million for the shortfall in subsidy on the sale of petroleum products among fiscal 2026 transfers.

Official sources: Ministry of Finance: Budget Statement 2027 (PDF) · Ministry of Finance: Review of the Economy 2026 (PDF)

How fast are prices rising in Trinidad and Tobago?

1.0%: that is consumer price inflation in Trinidad and Tobago for 2025, according to the IMF. Since 2005 it has ranged from 0.5% (2024) to 12.0% (2008). Across Latin America & Caribbean the middle value was 2.1%, and Trinidad and Tobago placed 22nd highest of 29. Of 165 countries with 2025 data, 132nd highest.

How many people in Trinidad and Tobago face food insecurity?

In 2024, moderate or severe food insecurity in Trinidad and Tobago was 27.6%, according to the FAO. It is 12th highest of 21 in Latin America & Caribbean, where the median is 28.0%. Worldwide: 59th of 135.