The cost of living in Grenada is considered moderate when compared to other countries in the Caribbean. While some goods and services may be more expensive due to importation costs, overall, the cost of living can be managed with careful budgeting.

Grenada experiences a tropical climate with a wet and dry season. The wet season runs from June to December, bringing humid and rainy conditions, while the dry season from January to May is less humid. Temperatures are fairly consistent year-round, averaging around 28°C (82°F), with cooling trade winds.

The educational system in Grenada is based on the British model and is known for providing a solid foundation for children from a young age. Education is compulsory for children between the ages of 5 and 16. The system is divided into three main stages: primary education, secondary education, and tertiary education. Primary education starts at the age of 5 and lasts for six years, culminating in the Caribbean Primary Exit Assessment (CPEA). Following primary school, students enter secondary education, which lasts for five years. Secondary schools in Grenada are either government-run or private, and students work towards obtaining the Caribbean Secondary Education Certificate (CSEC) after the first four years. Those who wish to pursue advanced studies can stay on for a further two years to prepare for the Caribbean Advanced Proficiency Examination (CAPE). The school year in Grenada typically starts in September and ends in July, with breaks in December and April. The quality of education is generally good, with a focus on preparing students for higher education and the workforce. There are also opportunities for vocational training and non-traditional educational paths. Parents moving to Grenada can expect their children to receive an education that emphasizes literacy, numeracy, and critical thinking skills.

The healthcare system in Grenada consists of a mix of public and private healthcare services. The public healthcare system is accessible to all citizens and legal residents, including expatriates who have established residency. It is funded by the government and provides a range of services from primary to tertiary care, although the scope and quality of services can vary. The General Hospital in St. George's is the main public healthcare facility, supplemented by health centers and medical stations across the island. Private healthcare in Grenada offers an alternative, with clinics and medical practices providing services for a fee. These are often utilized by those who can afford private health insurance or out-of-pocket payments, and are generally considered to offer a higher standard of care with shorter waiting times. Expats and digital nomads can access public healthcare once they have legal residency status, but many opt for private health insurance to cover private healthcare costs. The cost of public healthcare is relatively low, especially compared to North American standards, but private healthcare costs can be significant.