Cost of Living in Bimini, Bahamas
Last updated on Jul 09, 2023
Summary: What is the cost of living in Bimini, Bahamas? Expats, digital nomads and retirees living in Bimini talk about the general living costs, the cost of housing and health insurance.
Is the cost of living in Bimini high?
We asked people how much they someone comfortably live on in Bimini, they wrote:
"The cost of living in Bimini is considered to be relatively high compared to other places. This is largely due to the fact that most goods and services have to be imported, which increases their cost. Housing is one of the most significant expenses, with rental prices being quite high, especially for properties close to the beach or in popular tourist areas. Utilities such as electricity and water are also quite expensive, as are internet and cable services. Food and groceries are another major expense, with prices being significantly higher than in many other countries due to import costs. Eating out at restaurants can also be quite costly, especially at high-end establishments. Transportation costs can vary, depending on the mode of transport. Owning a car can be expensive due to the cost of importing vehicles and high fuel prices. However, many residents choose to get around by boat, which can also be costly due to maintenance and fuel costs. Healthcare is another significant expense, with private healthcare services being quite costly. However, the government provides some healthcare services for free or at a reduced cost. Despite the high cost of living, many people choose to live in Bimini for its beautiful beaches, relaxed lifestyle, and friendly community," remarked one in Bimini.
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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