Virgin Islands Consumer Price Index

State:
Multi-State
Control #:
US-OL1904
Format:
Word; 
PDF
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Description

This office lease states the conditions of the annual rental rate currently specified to be paid by the tenant (the "Base Rent"). This shall be used as a basis to calculate additional rent as of the times and in the manner set forth in this form to be paid by the tenant.

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FAQ

From the stunning landscapes and clear waters to the comfortable tropical climate, there are a lot of reasons to consider moving to the U.S. Virgin Islands, but it can be pretty costly. However, the cost of living can vary significantly between different islands.

With an active and diverse business community, the USVI is fertile ground for companies to thrive. The economic landscape of traditional and emerging industries include financial services, information technology, advanced manufacturing, and tourism and hospitality.

St. Thomas is your best bet if you're looking for savings. While it's home to many high-end and luxurious resorts, its popularity with travelers has also created a demand for more affordable stays that still have some of the better amenities you may enjoy.

Not seasonally adjusted CPI measures The Consumer Price Index for All Urban Consumers (CPI-U) increased 3.7 percent over the last 12 months to an index level of 307.789 (1982-84=100).

Tourism, trade, and other services are the primary economic activities, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. The islands host nearly 3 million tourists per year, mostly from visiting cruise ships.

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. The government is the single largest employer.

The median income in the Virgin Islands is $37,706.

British Virgin Islands 2.8% (2021 est.)

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Virgin Islands Consumer Price Index