Cost of Living in Nassau, Bahamas
Bahamas · North America
Cost of Living in Nassau: Quick Answer
The average cost of living in Nassau, Bahamas is approximately $2,200 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 68, using New York City as the 100-point benchmark.
$2,200
Monthly Cost
avg/person
68
Cost Index
NYC = 100
65
Rent Index
NYC = 100
70
Quality of Life
Good
45
Safety Index
Below Average
0.27M
Population
BSD
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $15 |
| Meal for 2 (mid-range) | $60 |
| McMeal at McDonald's | $10 |
| Domestic Beer (0.5L) | $4 |
| Imported Beer (0.33L) | $5 |
| Cappuccino | $4 |
| Coke/Pepsi (0.33L) | $2 |
| Water (0.33L) | $1.5 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $2.5 |
| Bread (500g) | $3 |
| Rice (1kg) | $2.5 |
| Eggs (12) | $5 |
| Chicken (1kg) | $9 |
| Beef (1kg) | $14 |
| Apples (1kg) | $4 |
| Banana (1kg) | $1.5 |
| Tomato (1kg) | $4 |
| Potato (1kg) | $3 |
| Onion (1kg) | $2.5 |
| Water (1.5L) | $2 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $1.5 |
| Monthly Pass | $50 |
| Taxi 1km | $2.5 |
| Gasoline (1L) | $1.2 |
| Volkswagen Golf | $35000 |
| Toyota Corolla | $28000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $200 |
| Mobile Plan | $40 |
| Internet (60 Mbps) | $60 |
| Fitness Club/month | $60 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $1,500/mo |
| 1BR Outside | $1,000/mo |
| 3BR Center | $3,000/mo |
| 3BR Outside | $2,000/mo |
| Price/m² Center | $5,000/m² |
| Price/m² Outside | $3,500/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $2500 |
| Mortgage Interest Rate | 6% |
Cost of Living in Nassau: Complete Guide
The cost of living in Nassau, Bahamas, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $2,200. The city's cost of living index is 68, compared with a New York City benchmark of 100.
Monthly Expenses in Nassau
A typical monthly budget in Nassau includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Nassau
A one-bedroom apartment outside the city center costs approximately $1,000 per month, while a one-bedroom apartment in the city center costs around $1,500. A three-bedroom apartment in the center averages $3,000 per month.
Average Salary in Nassau
The average net salary in Nassau is approximately $2,500 per month. Purchasing power is rated 62out of 100.
Is Nassau Expensive to Live In?
With a cost of living index of 68,Nassau is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Nassau
Safety
Nassau has a safety score of 45/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Nassau is rated 65/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Nassau is 82/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Nassau has a purchasing power score of 62/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Nassau
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Nassau should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Nassau fits their monthly budget.
Is Nassau Affordable?
Affordability depends on income and housing choices. The cost index of 68provides a useful benchmark when comparing Nassau with other cities.
Key Cost of Living Facts for Nassau
- Average Monthly Cost
- $2,200
- Cost Index
- 68
- Rent Index
- 65
- Average Net Salary
- $2,500
- Quality of Life
- 70/100
- Safety
- 45/100
- Healthcare
- 65/100
- Currency
- BSD
Frequently Asked Questions About Nassau
What is the cost of living in Nassau?
The estimated cost of living in Nassau, Bahamas, is approximately $2,200 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Nassau?
A one-bedroom apartment outside the center costs approximately $1,000 per month, while a one-bedroom apartment in the center costs about $1,500.
Is Nassau expensive to live in?
Nassau has a cost index of 68 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Nassau?
The average net salary in Nassau is approximately $2,500 per month.
Is Nassau good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Nassau is suitable for relocation.