Cost of Living in Paradise Island, Bahamas

Last updated on Apr 17, 2023

Summary: The cost of living in Paradise Island, Bahamas is generally considered to be higher than in other parts of the Bahamas. A nice 1 bedroom apartment in Paradise Island can cost anywhere from $1,500 to $2,500 per month, while a nice 2 bedroom apartment can cost anywhere from $2,500 to $3,500 per month. The cost of dinner at a moderately priced restaurant in Paradise Island can range from $20 to $50 per person.

Is the cost of living in Paradise Island high?

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

"The cost of living in Paradise Island varies depending on the individual's lifestyle. Generally speaking, it can be costly compared to other locations in the world, although the cost of living is not prohibitively high," wrote a person living in Paradise Island.

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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.