MigrantoCost of living in the Bahamas
What a month costs, how prices compare with other countries
Monthly cost in the Bahamas
Spending runs from BSD 778 a month in the poorest fifth to BSD 4,660 in the richest
Per person, whole country
BSD 1,820
what a typical person spends in a month
Spending across the population
BSD 778richest 20%
BSD 4,660
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How living costs in the Bahamas compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in the Bahamas against other countries
No price survey covers this country, so it is not placed on the scale.
Data source: household consumption 2024 (World Bank, regional estimate), price levels (income-anchored estimate), adjusted to 2026 using IMF GDP-per-capita growth
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What it costs to live in the Bahamas
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Cost of living in the Bahamas
BSD 778/mo
vs BSD 800 in your country
Take-home
BSD 1,370
vs BSD 1,200 in your country
Potential savings
BSD 592
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in the Bahamas?
A typical person in the Bahamas spends about BSD 1,820 a month — around BSD 21,900 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in the Bahamas?
By spending, The Bahamas ranks #26 of 185 countries. A typical person spends about BSD 1,820 a month, the poorest 20% about BSD 778 and the richest 20% about BSD 4,660. The gap between them shows how unevenly people live.
What is the cost of living in the Bahamas in US dollars?
The cost of living in the Bahamas is about $1,821 a month, or roughly $21,852 a year per person.
How much money do you need to live comfortably in the Bahamas?
It all depends on your standard of living. A modest budget runs about BSD 778 a month per person, a typical one around BSD 1,820, and a comfortable life around BSD 2,570. In big cities and for a family, costs are usually higher.
Is the average salary in the Bahamas enough to live on?
Yes, with room to spare. Average spending is about BSD 1,820 a month, while the average take-home pay in the Bahamas is about BSD 3,430. For more on incomes, see salaries in the Bahamas.
Is the Bahamas an expensive country to live in?
Yes. The Bahamas is more expensive than 86% of countries worldwide and ranks 2nd of 33 in Latin America by cost of living.
What currency is used in the Bahamas?
The Bahamas uses the Bahamian Dollar (BSD). Amounts on this page are shown in it; the currency switcher converts them.
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Living in the Bahamas
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