Cost of Living in Nassau, Bahamas
Last updated on Jul 07, 2023
Summary: The cost of living in Nassau, Bahamas is generally higher than in other parts of the Caribbean. A nice 1 bedroom apartment in Nassau can cost anywhere from $1,000 to $2,000 per month in US Dollars. A nice 2 bedroom apartment can cost anywhere from $1,500 to $3,000 per month in US Dollars. The cost of dinner at a moderately priced restaurant in Nassau can range from $20 to $50 per person in US Dollars.
Is the cost of living in Nassau high?
We asked people how much they someone comfortably live on in Nassau, they wrote:
"The cost of living in Nassau is generally higher than in other parts of the Caribbean. Prices for basic necessities such as food, housing, and transportation are higher than in many other Caribbean countries. Eating out can be expensive, and the cost of imported goods is also higher than in other countries. However, the cost of living in Nassau is still lower than in many other parts of the world," remarked one expat in Nassau.
"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," explained one expat living in Coral Harbour.
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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.
Additional Information:
- Expat Guide to Nassau
- Healthcare & Health Insurance in Nassau
- Pros & Cons of Living in Nassau
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- Cost of Living in Nassau
- Health Care in Nassau
- The Insider's Guide to Nassau
- 5 Tips for Living in Nassau in the Bahamas
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