The exact cost of living in Guam per month varies significantly based on individual lifestyle, consumption habits, and especially housing choices. While a comprehensive total can fluctuate, housing is often the largest single expense. For instance, the average monthly rent for a one-bedroom apartment in the city center is approximately $1,689.23, with prices ranging from $1,000.00 to $2,250.00.
Housing Costs in Guam
Rent constitutes a substantial portion of monthly expenses in Guam. The cost differs depending on the size of the apartment and its proximity to the city center. Below is a breakdown of average monthly rental costs:
Category | Average Monthly Rent | Range |
---|---|---|
Apartment (1 bedroom) in City Centre | $1,689.23 | $1,000.00 - $2,250.00 |
Apartment (1 bedroom) Outside of Centre | $1,240.91 | $700.00 - $2,205.00 |
Apartment (3 bedrooms) in City Centre | $2,815.00 | $2,300.00 - $3,500.00 |
Source: Wise.com
Other Essential Expenses
Beyond rent, individuals living in Guam will incur additional monthly costs for:
- Groceries and Food: Prices for imported goods can be higher compared to the mainland U.S.
- Utilities: This includes electricity, water, and internet, which can add a significant amount to your bill, especially with air conditioning use.
- Transportation: Whether you rely on public transport, taxis, or your own vehicle, fuel costs and vehicle maintenance are factors.
- Healthcare: Depending on your insurance and medical needs.
- Personal Care and Entertainment: Sundries, dining out, and leisure activities contribute to the overall budget.
Considering these various factors, while housing provides a strong baseline, the total monthly cost to live comfortably in Guam would be higher than just the rent figures. A rough estimate for a single person's total expenses, including rent, could potentially range from $2,500 to $4,000+ per month, largely depending on their housing choice and lifestyle.