Virgin Islands Recommended Spending Percentages

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Multi-State
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US-1119BG
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What percentage of your income should you spend on what items? This form has some recommendations to consider. The important thing is to come up with realistic percentages.

How to fill out Recommended Spending Percentages?

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FAQ

KNOW- In St. Thomas, The U.S. dollar is the only currency accepted. Credit cards are not accepted at all venues, so plan to carry cash.

Even groceries in the Virgin Islands don't exactly come cheap, but they are still less expensive than dining out all the time. We usually try to reserve the bulk of our dining out budget for dinner and occasional drinks at our favorite spots.

MasterCard and Visa are widely accepted on all the islands that cater to visitors, especially Virgin Gorda, Tortola, St. John, St. Croix, and, of course, St. Thomas.

The economy of the United States Virgin Islands is primarily dependent upon tourism, trade, and other services, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. Close to two million tourists per year visit the islands.

How much money will you need for your trip to Saint Thomas? You should plan to spend around $175 per day on your vacation in Saint Thomas, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, $43 on meals for one day and $29 on local transportation.

How much money will you need for your trip to the US Virgin Islands? You should plan to spend around $199 per day on your vacation in the US Virgin Islands, which is the average daily price based on the expenses of other visitors.

As a U.S. territory, the currency is the U.S. dollar. Automated teller machines (ATMs) can be found throughout all three islands. Most establishments accept credit cards and traveler's checks. The most widely accepted credit cards are Visa and MasterCard.

KNOW- In St. Thomas, The U.S. dollar is the only currency accepted. Credit cards are not accepted at all venues, so plan to carry cash. Tax is not added to any retail or dining purchases in St.

Home to roughly 105,000 people, the USVI's population faces an unknown level of poverty; the most recent data fails to account for the hurricane destruction. It was last reported in the 2010 U.S. Census Bureau that 22% of the USVI population lived below the poverty line.

Bermuda, Cayman and British virgin islands are the top richest and wealthiest islands in the caribbean. GDP per capita is often considered an indicator of the standard of living of a given country, as it reflects the average wealth of each person residing in a country.

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Virgin Islands Recommended Spending Percentages