No, Anguilla is generally not cheap to live and is considered one of the more expensive islands in the Caribbean. Because the island produces very little locally, almost everything—from groceries and fuel to building materials—must be imported, and these items are subject to high government duties that are passed on to the consumer. There is no income tax, which is a major draw for expats, but the government generates revenue through these import duties and various fees, such as an annual work permit fee that can reach $5,000 USD. A comfortable but not extravagant lifestyle for a single person typically requires at least $4,000 to $5,000 USD per month. Rent for a decent 2-bedroom apartment ranges from $1,000 to $2,000, and utilities are quite high due to the cost of electricity. While you can save money by eating at "local" inland spots rather than beachfront tourist restaurants, the baseline costs for transportation and healthcare remain significant. In 2026, Anguilla remains a luxury-focused destination where the "cost of paradise" reflects its high-end tourism and tax-haven status.