Is the cost of living in Bahamas high?
We asked people how much they someone comfortably live on in Bahamas, they wrote...
"The cost of living in the Bahamas can vary depending on where you choose to live. Generally, prices for food and utilities are on the higher side but other expenses, such as accommodation and transportation, are relatively affordable. Rent is typically high in larger cities and areas popular with tourists, but other areas are more affordable. In general, living in the Bahamas is more expensive than living in the US, but the country offers a unique lifestyle and a beautiful natural environment to enjoy," said a member in Bahamas.
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"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 who made the move to New Providence, Bahamas.
Other Questions:
- What do I need to know before moving to Bahamas?
- How do I find a place to live in Bahamas?
- What is a typical expat home or apartment like in Bahamas?
- What is the average cost of housing in Bahamas?
- Should I buy or rent a home in Bahamas?
- What should I pack when moving to Bahamas?
- What cultural faux pas should I try to avoid making in Bahamas?
- Why do people move to Bahamas?
- What are healthcare services like in Bahamas?
- What are medical services in Bahamas like?
- What are typical rents in Bahamas?
- What appliances are typically included in a rental?
Is the cost of living in Bahamas high?
If you live in Bahamas, newcomers to Bahamas would love to hear your answer to this question.
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.