Cost of Living in Freeport, Bahamas

Updated:

NovoExpat

Are you considering a move to Freeport, Bahamas, and wondering about the cost of living? Freeport is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Freeport and help you understand whether $2708 per month is moderately priced, given the average monthly salary of $1566.67.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries

Freeport, Bahamas

restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

20.0 $

Meal for 2 People, Mid-range Restaurant, Three-course

80.0 $

McMeal at McDonalds (or Equivalent Combo Meal)

8.0 $

Domestic Beer (1 pint draught)

3.5 $

Imported Beer (12 oz small bottle)

5.0 $

Cappuccino (regular)

3.88 $

Coke/Pepsi (12 oz small bottle)

1.94 $

Water (12 oz small bottle)

1.5 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

2.17 $

Loaf of Fresh White Bread (1 lb)

3.28 $

Rice (white), (1 lb)

5.14 $

Eggs (regular) (12)

5.06 $

Local Cheese (1 lb)

7.81 $

Chicken Fillets (1 lb)

7.34 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

18.02 $

Apples (1 lb)

3.4 $

Banana (1 lb)

2.7 $

Oranges (1 lb)

--

Tomato (1 lb)

4.86 $

Potato (1 lb)

3.75 $

Onion (1 lb)

2.6 $

Lettuce (1 head)

3.5 $

Water (1.5 liter bottle)

2.25 $

Bottle of Wine (Mid-Range)

12.0 $

Domestic Beer (0.5 liter bottle)

4.17 $

Imported Beer (12 oz small bottle)

4.5 $

Cigarettes 20 Pack (Marlboro)

10.5 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

1.75 $

Monthly Pass (Regular Price)

--

Taxi Start (Normal Tariff)

3.0 $

Taxi 1 mile (Normal Tariff)

--

Taxi 1hour Waiting (Normal Tariff)

--

Gasoline (1 gallon)

1.47 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

--

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

35000.0 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

195.75 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

--

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

59.33 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

41.67 $

Tennis Court Rent (1 Hour on Weekend)

--

Cinema, International Release, 1 Seat

--

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

330.0 $

International Primary School, Yearly for 1 Child

5800.0 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

51.67 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

27.5 $

1 Pair of Nike Running Shoes (Mid-Range)

118.33 $

1 Pair of Men Leather Business Shoes

103.33 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

1183.33 $

Apartment (1 bedroom) Outside of Centre

1300.0 $

Apartment (3 bedrooms) in City Centre

1600.0 $

Apartment (3 bedrooms) Outside of Centre

2433.33 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

--

Price per Square Feet to Buy Apartment Outside of Centre

--

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

1566.67 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

10.38 %

Cost of Living in Freeport, Bahamas Overview

Welcome! Here’s a guide to understanding the typical costs of living in Freeport, Bahamas , from dining out and groceries to housing and utilities. Use this overview to help plan your budget and make informed decisions about living expenses.

Dining Out

The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 20.0 USD, while a three-course dinner for two at a mid-range restaurant generally costs 80.0 USD.

Groceries

Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 2.17 USD, a loaf of bread 3.28 USD, and a dozen eggs approximately 5.06 USD.

Transportation

Public transport is relatively affordable, with a single trip priced at about 1.75 USD and a monthly pass around None USD. If you plan to use public transit regularly, these passes offer great value.

Utilities

For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 195.75 USD.

Sports and Recreation

For those interested in fitness and leisure, a monthly gym membership averages around 41.67 USD, while an hour on a tennis court on weekends costs about None USD.

Childcare and Education

Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 330.0 USD. For international schooling options, annual tuition can reach approximately 5800.0 USD.

Clothing and Footwear

Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 51.67 USD, and mid-range Nike sneakers are priced around 118.33 USD.

Apartment Rentals

Rental prices depend on location, with a one-bedroom apartment in the city center averaging 1183.33 USD per month, while one outside the center costs around 1300.0 USD.

Real Estate for Purchase

If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly None USD, while in the suburbs, it's closer to None USD.

Average Salary and Mortgage Rates

The average monthly net salary here is about 1566.67 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 10.38% annually.

Frequently Asked Questions about Living in Freeport, Bahamas

What is the monthly cost of living in Freeport?

The monthly expenses for living in Freeport come to a total of approximately $2708. This includes an average monthly rent of around $1183 for a one-bedroom apartment in the city center, along with utilities costing about $225 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $683 per month.

How affordable is living in Freeport?

Living in Freeport appears to be relatively budget-friendly when considering the average monthly income of $1566.67. However, to enjoy a comfortable standard of living in Freeport, you would likely need an income exceeding $1566.67.

What is the average salary in Freeport?

In Freeport, the average monthly post-tax salary hovers around $1566.67, and it isn't tied to any particular skillset or qualification.

What is the average rent in Freeport?

The typical monthly rent for a one-bedroom apartment in the central area of Freeport is approximately $1183. If you're open to living in a location outside the city center, you can expect to pay around $1300.0 for such an apartment.

What is the cost of groceries in Freeport?

The expense for groceries in Freeport can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $639 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.

What is the cost of living in Bahamas?

The cost of living in Bahamas can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout Bahamas.

Freeport, Bahamas

How Safe Is Freeport, Bahamas for Travel?

Warnings & Dangers in Freeport, Bahamas

OVERALL RISK: MEDIUM

Freeport can only be safe for travelers if you carefully follow safety rules. Do not leave things unattended, keep the car closed and park in secure parking lots. Always be mindful of your surroundings.

TRANSPORT & TAXIS RISK: MEDIUM

It is preferable to use taxi services or your car. Call only licensed taxi services and make sure that the driver has turned on the taximeter. If you are traveling in a rented car, be careful on the road - often, it can be in poor condition with potholes, and traffic can be aggressive.

PICKPOCKETS RISK: HIGH

Pickpockets are often found on the streets of Freeport. Usually, their goal is the pockets and bags of gape tourists. Also, be careful if an outsider asks for your help or offers help. Most likely, it will be a pickpocket.

NATURAL DISASTERS RISK: MEDIUM

The Bahamas are highly prone to natural disasters, especially hurricanes. Over the past 50 years, 18 hurricanes have hit its territory. Before you travel to Freeport, you should study the weather conditions and tourist recommendations.

MUGGING RISK: HIGH

Armed robbery is perhaps one of the biggest problems in Freeport. As in all of the Bahamas. Attackers can attack you in parking lots at your hotel or home. If you were attacked, give everything that you are asked to save your life. Then contact the police immediately.

TERRORISM RISK: LOW

Although the recent history of terrorism in the Bahamas does not exist, the possibility of attacks cannot be ruled out. Avoid political demonstrations and large gatherings of people. Explore the island’s political environment before you travel here.

SCAMS RISK: HIGH

The main types of fraud in Freeport are nonexistent excursions when they take money from you in advance, but they don’t have anywhere to go. Overpriced prices for souvenirs, magnets, jewels, and other garbage. Do not buy it. Unlicensed taxi services can also cheat on the cost of the trip. Also, sometimes scammers may demand money from you for entering the beach, which is free. Be careful with these types of scams.

WOMEN TRAVELERS RISK: MEDIUM

Freeport is not the safest place for single travelers. If you walk alone late at night, local men may annoy you. If you travel alone, use only licensed taxi services and always sit behind the driver.

Useful Information & Tips

credit_card

Visas

Visitors to The Bahamas must obtain a visa from one of the Bahamian diplomatic missions or British diplomatic missions unless they come from one of the visa-exempt countries. A valid passport is a must.

currency_exchange

Currency

The Bahamian dollar is the official currency of The Bahamas. It has a sign: $ and a code: BSD. It is usually abbreviated with the dollar sign $, or B$, to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.

cloudy_snowing

Weather

The best times to visit Freeport for ideal weather are November to April. Average temperatures in Freeport vary somewhat, and the weather feels hot for about half of the year and otherwise nice with a fair chance of precipitation about half of the year.

flight_takeoff

Airports

Grand Bahama International Airport is a privately owned international airport in Freeport, Bahamas. The airport is located 7 km from the city center. The airport handles international and domestic flights.

health_and_safety

Travel Insurance

The travel insurance policy is a must when visiting a foreign country. Make sure you got it before starting your journey, the customs officer may ask for it.

Freeport, Bahamas

What about weather in Freeport, Bahamas ?
Average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High 75°F 75°F 76°F 78°F 81°F 85°F 87°F 88°F 86°F 83°F 79°F 76°F
Temp 70°F 71°F 72°F 75°F 78°F 81°F 83°F 84°F 83°F 80°F 76°F 72°F
Low 66°F 66°F 68°F 71°F 75°F 78°F 80°F 80°F 79°F 76°F 72°F 68°F
Average Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High 23°C 23°C 24°C 25°C 27°C 29°C 30°C 31°C 30°C 28°C 26°C 24°C
Temp 21°C 21°C 22°C 23°C 25°C 27°C 28°C 28°C 28°C 26°C 24°C 22°C
Low 18°C 18°C 20°C 21°C 23°C 25°C 26°C 26°C 26°C 24°C 22°C 20°C

Comparison Cost of living in other cities in Bahamas with Freeport

Comparison Cost of living in other cities

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