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Croix had the highest poverty rate of the islands at 40.6% (nearly the same as the rate in 2013: 40.5%). In St. Thomas, 34% of children lived in families in poverty (up from 29% in 2013). In St.
The cost of living in the U.S. Virgin Islands is higher than on the U.S. mainland. On average, apartments cost $2,000 per month. A two-bedroom house costs at least $285,000.
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.
The Bahamas The very richest island in the Caribbean? With a GDP per capita income of 33, 516, it's the Bahamas. This stable, developing nation is not only the richest country in the West Indies, but it also has the 14th highest nominal GDP in North America.
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.
One of the main contributors to poverty is the Virgin Island's poor economic structures. Since the U.S. Virgin Islands are a territory rather than a state, they receive minimal funding from the Federal government. Thus, the economy of the islands relies heavily on tourism.
The most expensive island in the world is Lanai island in Hawaii which is worth $610 million.
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.