Cost of Living in New Providence, Bahamas
Last updated on Apr 03, 2023
Summary: The cost of living in New Providence, Bahamas is generally considered to be high. A nice 1 bedroom apartment in New Providence 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 New Providence can range from $20 to $50 per person in US Dollars.
Is the cost of living in New Providence high?
We asked people how much they someone comfortably live on in New Providence, they wrote:
"The cost of living in New Providence is generally considered to be higher than other parts of the Bahamas. Rent and other necessities tend to be more expensive than other parts of the country, which can make it difficult for those on a tight budget," wrote a person living in New Providence.
"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," explained one expat living in New Providence.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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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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