Eleuthera, Bahamas
Eleuthera, Bahamas
Eleuthera, Bahamas

Cost of Living in Bahamas

By Betsy Burlingame

Last updated on Nov 27, 2021

Summary: What is the cost of living in Bahamas? Expats, digital nomads and retirees living in Bahamas talk about the general living costs, the cost of housing and health insurance.

William Russell Health Insurance
William Russell Health Insurance
William Russell Health Insurance
William Russell Health Insurance

Is the cost of living in Bahamas high?

We asked people how much they someone comfortably live on in Bahamas, they wrote:

"Housing costs vary greatly but the last time I checked you needed to spend $500,000 USD as a minimum on the home in order to qualify for a permanence residence. This number may have risen in the last couple of years as they have talked about changing it to 750,000 or 1 million dollars. Besides that expect to spend at least $800 a month in groceries for a couple that eats well. Restaurants can run fairly expensive at about $50 for dinner for a couple up to thousands of dollars in the fancy places," said another person in Coral Harbour.

"This is of course a loaded question as it depends on your personal level of comfort. As mentioned above there are billionaires living here and so they live a much higher living standard then your average retired couple. We also have teacher friends that are living here on their salaries in 1/12 apartments but living well and going out with friends so if you have enough income to get a permit to reside you can find a way to live here within that means," remarked another expat in New Providence.

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Will I save money living in Bahamas?

Please login to continue reading this article.

Not a member? Join Today (it's free).

About the Author

Betsy Burlingame Betsy Burlingame is the Founder of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Some of Betsy's more popular articles include 12 Best Places to Live in Italy, 12 Things to Know Before Moving to The Dominican Republic and the Living in Panama Guide. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

Living in Bahamas GuideLiving in Bahamas Guide

Expats in the Bahamas discuss the pros and cons of living in the Bahamas. Topics covered include meeting people, the friendly Bahamians, beautiful beaches, schools, go-with-the-flow attitude, cost of living and the lack of eldercare facilities.

Bahamas Forum Bahamas Forum
Join our Bahamas forum to meet other expats and talk about living in Bahamas.

Contribute to Bahamas Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Bahamas.

Healthcare in BahamasHealthcare in Bahamas

Expats in The Bahamas share tips and advice about healthcare and health insurance in The Bahamas. Advice about emergency services on smaller islands, flying to Florida for care, ambulance services, prescription medicine and having a baby in the Bahamas.

Cost of Living in BahamasCost of Living in Bahamas

Expats offer insight into the cost of living in Bahamas.

Moving to BahamasMoving to Bahamas Guide

Expats in The Bahamas share 13 key considerations for anyone planning to move to the Bahamas.

Real Estate in BahamasReal Estate in Bahamas

Real estate listings in popular cities and towns in Bahamas.

Pros Cons of Living in BahamasPros & Cons of Living in Bahamas

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Bahamas.

Retiring in BahamasRetiring in Bahamas

Advice for people retiring in Bahamas.

10 Tips for Living in Bahamas10 Tips for Living in Bahamas

From duties on household goods to bringing your dog, expats in the Bahamas offer advice for expats and people moving to the Bahamas.

William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

11-Healthcare--Health-Insurance-Tips-for-Expats-in-The-Bahamas11 Healthcare & Health Insurance Tips for Expats in The Bahamas

Expats in The Bahamas share tips and advice about healthcare and health insurance in The Bahamas. Advice about emergency services on smaller islands, flying to Florida for care, ambulance services, prescription medicine and having a baby in the Bahamas.

Pros-and-Cons-of-Living-in-The-BahamasPros and Cons of Living in The Bahamas

Expats in the Bahamas discuss the pros and cons of living in the Bahamas. Topics covered include meeting people, the friendly Bahamians, beautiful beaches, schools, go-with-the-flow attitude, cost of living and the lack of eldercare facilities. Expats in the Bahamas have specific advice about where to live if you have kids and want to meet people.

13-Things-to-Know-Before-You-Move-to-The-Bahamas13 Things to Know Before You Move to The Bahamas

Expats in The Bahamas share 13 key considerations for anyone planning to move to the Bahamas.

5-Tips-for-Living-in-Freeport-in-the-Bahamas5 Tips for Living in Freeport in the Bahamas

Expats in the Bahamas live in the Caribbean but are very close to the U.S. Find out what it means to call Freeport, on the island of Grand Bahamas, your home. Some of it is island paradise, while other parts of the experience are clearly not.

Eleuthera, Bahamas
William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quotes for international health insurance from our partner, William Russell.
GET A QUOTE

Living in Bahamas GuideLiving in Bahamas Guide

Expats in the Bahamas discuss the pros and cons of living in the Bahamas. Topics covered include meeting people, the friendly Bahamians, beautiful beaches, schools, go-with-the-flow attitude, cost of living and the lack of eldercare facilities.

Bahamas Forum Bahamas Forum
Meet other expats and talk about living in Bahamas.

Healthcare in BahamasHealthcare in Bahamas

Expats in The Bahamas share tips and advice about healthcare and health insurance in The Bahamas. Advice about emergency services on smaller islands, flying to Florida for care, ambulance services, prescription medicine and having a baby in the Bahamas.

Cost of Living in BahamasCost of Living in Bahamas

Expats offer insight into the cost of living in Bahamas.

Moving to BahamasMoving to Bahamas Guide

Expats in The Bahamas share 13 key considerations for anyone planning to move to the Bahamas.

Real Estate in BahamasReal Estate in Bahamas

Real estate listings in popular cities and towns in Bahamas.

Pros Cons of Living in BahamasPros & Cons of Living in Bahamas

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Bahamas.

Retiring in BahamasRetiring in Bahamas

Advice for people retiring in Bahamas.

Contribute to Bahamas Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Bahamas.

10 Tips for Living in Bahamas10 Tips for Living in Bahamas

From duties on household goods to bringing your dog, expats in the Bahamas offer advice for expats and people moving to the Bahamas.

Copyright 1997-2022 Burlingame Interactive, Inc.

Privacy Policy Legal