Are you considering a move to Nassau, Bahamas, and wondering about the cost of living? Nassau 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 Nassau and help you understand whether $3518 per month is moderately priced, given the average monthly salary of $2183.33.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
30.0 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
115.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
8.0 $ |
|
|
Domestic Beer (1 pint draught) |
3.75 $ |
|
|
Imported Beer (12 oz small bottle) |
7.0 $ |
|
|
Cappuccino (regular) |
5.4 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.25 $ |
|
|
Water (12 oz small bottle) |
2.07 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
4.8 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
5.23 $ |
|
|
Rice (white), (1 lb) |
6.11 $ |
|
|
Eggs (regular) (12) |
6.0 $ |
|
|
Local Cheese (1 lb) |
8.07 $ |
|
|
Chicken Fillets (1 lb) |
10.97 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
17.55 $ |
|
|
Apples (1 lb) |
4.66 $ |
|
|
Banana (1 lb) |
2.9 $ |
|
|
Oranges (1 lb) |
4.65 $ |
|
|
Tomato (1 lb) |
4.6 $ |
|
|
Potato (1 lb) |
4.71 $ |
|
|
Onion (1 lb) |
3.28 $ |
|
|
Lettuce (1 head) |
2.83 $ |
|
|
Water (1.5 liter bottle) |
3.04 $ |
|
|
Bottle of Wine (Mid-Range) |
18.5 $ |
|
|
Domestic Beer (0.5 liter bottle) |
3.84 $ |
|
|
Imported Beer (12 oz small bottle) |
5.0 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
11.0 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
1.25 $ |
|
|
Monthly Pass (Regular Price) |
45.0 $ |
|
|
Taxi Start (Normal Tariff) |
6.0 $ |
|
|
Taxi 1 mile (Normal Tariff) |
3.11 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
100.0 $ |
|
|
Gasoline (1 gallon) |
1.67 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
37500.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
42875.0 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
302.28 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
91.88 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
118.71 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
60.0 $ |
|
|
Cinema, International Release, 1 Seat |
18.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
633.33 $ |
|
|
International Primary School, Yearly for 1 Child |
13785.71 $ |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
67.5 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
76.67 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
117.0 $ |
|
|
1 Pair of Men Leather Business Shoes |
120.0 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1150.0 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1214.29 $ |
|
|
Apartment (3 bedrooms) in City Centre |
2879.25 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
3175.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
5575.0 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1348.55 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
2183.33 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.66 % |
|
The monthly expenses for living in Nassau come to a total of approximately $3518. This includes an average monthly rent of around $1150 for a one-bedroom apartment in the city center, along with utilities costing about $348 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $1162 per month.
Living in Nassau appears to be relatively budget-friendly when considering the average monthly income of $2183.33. However, to enjoy a comfortable standard of living in Nassau, you would likely need an income exceeding $2183.33.
In Nassau, the average monthly post-tax salary hovers around $2183.33, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Nassau is approximately $1150. If you're open to living in a location outside the city center, you can expect to pay around $1214.29 for such an apartment.
The expense for groceries in Nassau can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $828 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.
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.
The city of Nassau isn't too safe to visit with its high murder rate, but if you apply safety and precaution measures, it should minimize the risk of getting hurt.
Be very careful when using public transport. Taxi drivers might try to overcharge you since the cabs in this country are not metered. Remain vigilant on public transport since that's where pickpockets operate.
Pickpockets are, of course, common, and this city is ridden with both petty and violent crime, though this time, the accent is on violent crime. Still, you should never carry all your money in the same place, and be aware of your surroundings at all times.
When it comes to natural disasters, The Bahamas suffer from hurricanes during the hurricane season that lasts from 1 June to 30 November. Tourists are advised to monitor local and international weather updates.
Violent crime is extremely common in Nassau. The country is ridden with violent crime, and armed robberies, kidnappings, and murders are extremely common, usually not affecting tourists though violence towards foreigners has been on an increase during the past couple of years.
Even though there haven't been any terrorist attacks in Nassau's recent history, they shouldn't be ruled out so remain vigilant and aware of your surroundings at all times.
Bear in mind that taxi drivers may try to overcharge you, since cabs in Nassau are not metered, so always agree on the price before getting in, and avoid getting into unlicensed cabs. Also, some tour guides, including boat operators, may ask for a tip on top of the agreed price upon the completed job.
Nassau isn't the safest destination for solo female travelers. Women have reported catcalls and sexual harassment while walking on the streets of this city. If you are a female solo traveler, you are advised to reject rides from strangers or taxi drivers who appear unlicensed. Be sure to avoid remote streets, both during day and night, and do not flash your belongings or handle money in public. Stay out of the streets at night and be vigilant for any possible dangers at all times.
Some countries are required to apply for The Bahamas' visa, while many countries other than the US and Canada, are required to present a valid passport which must be current up to your travel period. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need a visa based on your nationality and the country you want to visit.
There are two valid currencies in Nassau: United States Dollar and the Bahamian dollar. You can find plenty of banks with ATMs in the major tourist centers, and cities, but bear in mind that they can be rare or nonexistent on the Out Islands.
The climate in Nassau is subtropical and the best time to visit is between September and May when the temperature averages 21-24°C. Keep in mind that more northerly islands are around 5° cooler than the southern islands. The rest of the year is a bit warmer, with higher humidity in the summer months when the temperatures vary between 27 and 29° C.
Lynden Pindling International Airport formerly referred to as Nassau International Airport is the largest airport in the Bahamas. It is located in western New Providence island near the capital city of Nassau.
Just like anywhere else, we recommend getting travel insurance when traveling to Nassau, since it covers not only the costs of medical problems but also theft and loss of valuables.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 77°F | 78°F | 79°F | 82°F | 85°F | 88°F | 89°F | 90°F | 88°F | 86°F | 82°F | 79°F |
| Temp | 71°F | 72°F | 73°F | 76°F | 79°F | 82°F | 84°F | 84°F | 83°F | 80°F | 76°F | 73°F |
| Low | 67°F | 67°F | 68°F | 71°F | 74°F | 77°F | 79°F | 79°F | 78°F | 76°F | 72°F | 69°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 25°C | 25°C | 26°C | 27°C | 29°C | 31°C | 31°C | 32°C | 31°C | 30°C | 27°C | 26°C |
| Temp | 21°C | 22°C | 22°C | 24°C | 26°C | 27°C | 28°C | 28°C | 28°C | 26°C | 24°C | 22°C |
| Low | 19°C | 19°C | 20°C | 21°C | 23°C | 25°C | 26°C | 26°C | 25°C | 24°C | 22°C | 20°C |