Cost of living and expenses in The Bahamas

What are the costs of living, how much do you have to spend on fees and expenses in The Bahamas? What is the cost of a mortgage, what are the average earnings in The Bahamas, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in The Bahamas (The last update: 3 days ago)

Currency in The Bahamas Bahamian dollar (BSD). For 10 US dollars you can get 10 Bahamian dollars. For 100 US dollars you can get 100 Bahamian dollars. And the other way around: For 10 Bahamian dollars you can get 10 US dollars.


See also how prices have changed in previous years: Price changes in previous years in The Bahamas


What are the different prices in the cities in The Bahamas? Look here: Prices in cities in The Bahamas

Prices: Nassau   Freeport   Eleuthera   New Providence   Freetown   Paradise Island   George Town   Bimini   Atlantis   Albert Town  


Price fees $285 ($137 - $400)

fees

$285 ($137 - $400)
38% more than in United States

Price internet $86 ($50 - $128)

internet

$86 ($50 - $128)
21% more than in United States

Price jeans $61 ($45 - $80)

jeans

$61 ($45 - $80)
16% more than in United States

Price average earnings $1.66K

average earnings

$1.66K
64% is less expensive than in United States

Price renting a small apartment in the center $1.01K ($550 - $2.5K)

renting a small apartment in the center

$1.01K ($550 - $2.5K)
by half less than in United States

Price renting a large apartment outside the center $3.12K ($1.5K - $5.5K)

renting a large apartment outside the center

$3.12K ($1.5K - $5.5K)
29% more than in United States

The cost of living in The Bahamas:

  1. One-way Ticket (Local Transport) $1.5 (BSD 1.5)
  2. Monthly Pass (Regular Price) $45 (BSD 45)
  3. Gasoline (1 liter) $1.5 (BSD 1.5)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $37.5K (BSD 37.5K)
  5. Apartment (1 bedroom) in city centre $1.01K (BSD 1.01K)
  6. Apartment (1 bedroom) outside of centre $1.1K (BSD 1.1K)
  7. Apartment (3 bedrooms) in city centre $2.66K (BSD 2.66K)
  8. Apartment (3 bedrooms) outside of centre $3.12K (BSD 3.12K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $285 (BSD 285)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $86 (BSD 86)
  11. numb_34 $71 (BSD 71)
  12. 1 pair of jeans (Levis 501 or similar) $61 (BSD 61)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $47 (BSD 47)
  14. 1 pair of Nike running shoes or similar $114 (BSD 114)
  15. 1 pair of men's leather shoes $116 (BSD 116)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $39.1K (BSD 39.1K)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $485 (BSD 485)
  18. Price per square meter for an apartment in the city center $3K (BSD 3K)
  19. International Primary School, Annually for 1 Child $10.8K (BSD 10.8K)
  20. Price per square meter for an apartment outside of city centre $1.35K (BSD 1.35K)
  21. Average Monthly Net Salary (After Tax) $1.66K (BSD 1.66K)
  22. Mortgage annual interest rate in percentages (%) 7.7%
  23. Taxi starting fare (normal tariff) $4.5 (BSD 4.5)
  24. Taxi 1km (Normal Tariff) $2.5 (BSD 2.5)
  25. Taxi 1 hour waiting (normal tariff) $100 (BSD 100)
source: hikersbay.com & numbeo.com

Price changes in previous years in The Bahamas

Have earnings increased in The Bahamas?
See the average salary in previous years in 2018: $1.51K(BSD 1.51K)

The Bahamas price changes: Average Monthly Net Salary (After Tax) 2018-2018
The Bahamas price changes Average Monthly Net Salary (After Tax) hikersbay.com

Price changes in Fees over the years: 2018: $359(BSD 359)

The Bahamas price changes: Utilities (electricity, heating, water, garbage) for an 85m2 apartment 2018-2018
The Bahamas price changes Utilities (electricity, heating, water, garbage) for an 85m2 apartment hikersbay.com

Price changes in Internet over the years: 2018: $67(BSD 67)

The Bahamas price changes: Internet (60 Mbps or more, unlimited data, cable/ADSL) 2018-2018
The Bahamas price changes Internet (60 Mbps or more, unlimited data, cable/ADSL) hikersbay.com

Have prices changed in clothing stores in The Bahamas in recent years?
For example, this is how the prices of jeans have changed in 2018: $73(BSD 73)

The Bahamas price changes: 1 pair of jeans (Levis 501 or similar) 2018-2018
The Bahamas price changes 1 pair of jeans (Levis 501 or similar) hikersbay.com

Do you want to learn more about different prices? See the following comparison:

renting a large apartment outside the center

$3.12K ($1.5K - $5.5K)
29% more than in United States

wine

$20 ($10 - $35)
33% more than in United States

Cola, Pepsi, Sprite, Mirinda

$2.4 ($1.5 - $5)
4.9% is less expensive than in United States

internet

$86 ($50 - $128)
21% more than in United States

local beer

$4 ($3 - $12)
33% is less expensive than in United States

coffee

$5.2 ($3 - $9)
2.6% more than in United States