Cost of living and prices in Nassau, prices of food, rent, shopping, etc. 🇧🇸
Updated Jul 2023

Nassau, Bahamas is a vibrant and beautiful city situated in the Caribbean. This tropical destination is home to a population of 274,400 people and sits at an elevation of 5 meters above sea level. The city operates on the America/Nassau time zone, GMT: -5.0, and offers a variety of attractions and amenities for visitors and locals alike.

The cost of living in Nassau is generally higher than other cities in the Bahamas due to its status as a popular tourist destination. However, residents enjoy access to quality healthcare, world-class shopping and dining, and a variety of entertainment options. Additionally, the city is known for its beautiful beaches, crystal-clear waters, and tropical climate, making it an ideal place to call home for those who love the outdoors. Overall, Nassau is a wonderful place to live, work, and play in the Caribbean.

Are you considering moving to Nassau? Our cost of living page can help you get a better understanding of what expenses to expect in this beautiful city. From housing and transportation to food and entertainment, we've got you covered with all the information you need to make an informed decision about your future in Nassau.

Cost of Living Estimate in Nassau

Total cost of living in Nassau for two person with average consumption for one month will be 1586.86 USD, no rent price included. Click here to calculate cost-of-living estimate in Nassau

You can calculate cost of living in Nassau by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Nassau, the capital city of the Bahamas, has an array of restaurants that cater to all tastes and budgets. One can find simple, authentic street food as well as fine dining restaurants that specialize in local island cuisine. Seafood is the highlight of the cuisine, and many of the restaurants feature various seafood options, including Conch - a local delicacy. Also, many restaurants provide live music, creating an ideal atmosphere for guests to enjoy their meals.

If you are looking for a unique culinary experience in Nassau, head to Arawak Cay, known as "the Fish Fry." It is a row of restaurants specializing in authentic Bahamian dishes. These restaurants offer various seafood options such as snapper, lobster, and conch, cooked to perfection. It is an entertaining and vibrant atmosphere, with live music, and a diverse local crowd. The Fish Fry has something for everyone, and it’s definitely a must-visit destination for food lovers in Nassau.

Meal in Inexpensive Restaurant
20.00 $
Meal for 2 People, Mid-range Restaurant, Three-course
87.50 $
McMeal at McDonalds or Alternative Combo Meal
8.00 $
Domestic Beer, 0.5 liter Draught
4.00 $
Imported Beer, 0.33 liter Bottle
4.50 $
4.50 $
Coca-Cola, 0.33 liter Bottle
2.11 $

Markets prices

Market prices in Nassau, Bahamas can vary depending on the season and demand for goods. Tourist-heavy areas may have higher prices compared to local markets. However, local markets tend to offer lower prices and a wider variety of fresh produce and seafood. It is important to note that bargaining is a common practice in markets, but not in all tourist shops. Overall, prices in Nassau can be fair and reasonable if one is willing to negotiate or explore local markets outside of downtown Nassau.

When it comes to luxury goods, Nassau offers a variety of high-end retailers and boutiques that offer designer brands. As expected, prices for luxury goods can be steep but may also offer duty-free shopping options for travelers. Additionally, local crafts and souvenirs can be found in many shops and markets around Nassau. Prices for these items may vary depending on the material and craftsmanship, but visitors can find unique and affordable souvenirs to take home as a memory of their trip to the beautiful Bahamas.

Water, 0.33 liter Bottle
1.80 $
Milk, Regular,1 liter
3.32 $
Loaf of Fresh White Bread, 0.5 kg
3.35 $
White Rice, 1 kg
3.23 $
Eggs, 12 pack
3.43 $
Local Cheese, 1 kg
8.74 $
Chicken Breasts, Boneless and Skinless, 1 kg
6.53 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
7.78 $
Apples, 1 kg
5.40 $
Banana, 1 kg
1.73 $
Oranges, 1 kg
5.31 $
Tomato, 1 kg
4.06 $
Potato, 1 kg
4.68 $
Onion, 1 kg
3.63 $
Lettuce, 1 head
2.00 $
Water, 1.5 liter Bottle
1.25 $
Bottle of Wine, Mid-Range Price
11.60 $
Domestic Beer, 0.5 liter Bottle
2.67 $
Imported Beer, 0.33 liter Bottle
3.28 $
Pack of Cigarettes
11.00 $

Transportation prices

If you're traveling to Nassau, Bahamas, there are several options for transportation that could interest you. One of the most popular ways to get around the island is by renting a car. This gives you the freedom to explore on your own schedule and venture off the beaten path to discover hidden gems. Alternatively, taxis are readily available and can be a quick and convenient option for getting around town. Many taxis charge a flat rate, which makes budgeting for transportation simple. Another fun and unique way to get around Nassau is by horse and carriage. This nostalgic mode of transportation is perfect for sightseeing in the city and offers a leisurely pace for taking in the island's beauty. Whatever way you choose to get around, transportation in Nassau is sure to add to your overall vacation experience.

For those looking to explore the crystal-clear waters around Nassau, there are also several transportation options available. One of the most popular is by jet ski. With various rental companies located throughout the island, it's easy to find a jet ski to rent and zip around on your own adventure. Another great option to explore the ocean is by boat tour. There are plenty of tour companies to choose from that offer everything from snorkeling adventures to sunset cruises. If you're feeling extra adventurous, you could also try out parasailing for a bird's-eye view of the stunning scenery. No matter how you choose to explore the waters around Nassau, there's sure to be an option that fits your preferences and budget.

One-way Ticket, Local Transport
1.25 $
Monthly Pass, Regular Price
50.00 $
Taxi Start, Normal Tariff
5.50 $
Taxi, price for 1 km, Normal Tariff
2.02 $
Taxi, price for 1 hour Waiting, Normal Tariff
60.00 $
Gasoline, 1 liter
1.17 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
26,500.00 $

Utilities Per Month prices

When traveling to Nassau, Bahamas, keep in mind that electricity can be costly. The island relies heavily on imported oil to generate power, making electricity bills quite high. It's important to conserve energy by turning off lights and air conditioning when not in use to keep costs down.

In addition to electricity, water can also be a significant expense in Nassau. The island's limited freshwater supply means that much of the water used comes from desalination plants. This process requires a lot of energy and can be a major contributor to high utility bills. To conserve water and save money, consider taking shorter showers and turning off the tap when brushing your teeth.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
227.90 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.29 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
66.19 $

Sports And Leisure prices

Sports and leisure in Nassau, Bahamas are abundant with a wide array of opportunities for visitors. One of the top activities to enjoy in Nassau is water sports, with crystal-clear waters ideal for snorkeling, diving, cruising, and deep-sea fishing. Water sports are not the only attraction in Nassau, with golf courses, tennis courts and beaches also readily available. The island also boasts several parks and gardens that provide a more serene experience when exploring and relaxing. With plenty of attractions for outdoor recreation, there is no shortage of things to do and see in this tropical paradise.

With a vibrant cultural scene, Nassau, Bahamas offers plenty of opportunities to enjoy leisurely activities beyond the beach, water sports, and outdoor exploration. Visitors can engage with local art at galleries and museums, take part in cultural festivals and events, enjoy the nightlife, and even indulge in a little retail therapy at the numerous shopping centers and boutiques scattered throughout the island. The local cuisine is also worth exploring, from seafood fare to authentic Bahamian dishes, visitors can enjoy sumptuous meals at restaurants that serve up a fusion of island flavors. For those seeking relaxation, there are numerous resorts, spas, and wellness centers scattered across the island providing visitors with an opportunity to unwind after a day of adventure.

Fitness Club, Monthly Fee for 1 Adult
88.26 $
Tennis Court Rent, 1 Hour on Weekend
52.50 $

Salaries And Financing prices

When it comes to salaries in Nassau, Bahamas, it's important to note that the cost of living can be quite high. However, many employment opportunities in tourism and hospitality offer competitive salaries to both local residents and expats alike. If you're considering working in Nassau, it's worth researching the average salaries for your particular field to ensure you'll be able to comfortably afford housing, transportation, and other expenses that come with living in this beautiful island destination.

Financing in Nassau can be a bit tricky for those who are unfamiliar with the local banking system. It's recommended that visitors bring cash or use credit/debit cards for larger purchases, as finding an ATM may not always be easy. Additionally, some retailers may have a minimum spending requirement for card transactions. If you plan on staying in Nassau longer-term, it's important to note that obtaining financing or a mortgage may require more extensive documentation and higher interest rates than what you might be used to in your home country.

Cinema ticket, 1 Seat
12.00 $
Average Monthly Net Salary, After Tax
1,737.50 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
7.25 %

Childcare prices

Childcare prices in Nassau, Bahamas are on par with other major metropolitan areas. The cost of childcare varies depending on the type of facility and services offered. Most parents in Nassau opt for private schools or kindergartens that offer specialized educational programs for their children, which can drive up pricing. However, public schools are also available at a lower cost, but parents may have to contend with larger class sizes and fewer resources.

When selecting a childcare facility in Nassau, it's important to consider how the facility aligns with your parenting style and values. Some schools offer immersive language programs, while others focus on developing social skills through play-based learning. Some facilities also offer extracurricular activities, such as dance or music, at an additional cost. Ultimately, the choice of childcare facility will depend on your individual preferences and budget.

Private Preschool or Kindergarten, Monthly for 1 Child
317.62 $
International Primary School, Yearly for 1 Child
5,680.00 $

Clothing And Shoes prices

Nassau, Bahamas is a shopaholic's paradise with a variety of places to buy clothing and shoes. From high-end boutiques to local markets, you can find everything you need to dress stylishly on your vacation. You can find international brands such as Gucci, Louis Vuitton, and Michael Kors in luxury stores. They also have a wide range of sportswear and casual wear brands that are perfect for everyday wear. You can shop till you drop in the numerous shopping districts of the city.

If you're looking for affordable clothing and shoes, local markets and shops are your best bet. There are several marketplaces positioned all around town, where you can get unique, handmade garments. The items here are usually locally produced and can range from household items to souvenirs. This means you can buy specific and personalized products that are designed to suit your taste. Shops can easily be spotted almost everywhere in the city with clothing and shoes readily available. You will have no problem finding the right fit for a price that suits your pocket.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
62.14 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
45.71 $
Pair of Running Shoes, Mid-Range Price
106.14 $
Pair of Leather Business Shoes
111.43 $

Rent Per Month prices

When looking for a short-term rental or stay option in Nassau, Bahamas, you will find a variety of choices to fit your budget. Whether you are looking for an extended stay or just need a place for a couple of nights, you will find something that will suit your needs. Many of the rental options come fully furnished with all the amenities that you might need during your stay, including air conditioning, Wi-Fi, and cable TV.

Prices for short-term stays in Nassau vary depending on location, size, and amenities. However, you can expect to pay a premium for luxury accommodations and beachfront properties. In general, it is recommended to book your stay well in advance to secure the best rate. Additionally, be aware that some rental options may come with additional fees, such as cleaning expenses or security deposits, so be sure to read the fine print before booking.

One bedroom apartment in city centre
930.00 $
One bedroom apartment outside of city centre
665.91 $
Three bedroom apartment in city centre
2,587.50 $
Three bedroom apartment outside of city centre
1,583.33 $

Buy Apartment prices

Buying a piece of real estate in Nassau, Bahamas can be a great investment opportunity, as the demand for luxury vacation homes and beachfront properties continues to grow. There are various options available, from spacious villas with private pools to cozy apartments with ocean views. No matter what your preferences are, you are sure to find a suitable property in Nassau that fits your lifestyle and budget. Whether you are looking for a permanent residence or a vacation home, Nassau has something for everyone.

While prices for real estate in Nassau can vary depending on the location, size, and amenities of the property, there are plenty of opportunities to find a great deal. Some neighborhoods, such as Cable Beach and Paradise Island, are known for their high-end properties and offer luxurious living options. Other areas, such as the Eastern Road and Love Beach, boast more affordable options and a quieter, laid-back lifestyle. With so many choices available, finding the perfect piece of real estate in Nassau is easier than ever before.

Price per m2 to Buy Apartment in City Center
1,766.21 $
Price per m2 to Buy Apartment Outside of City Center
1,263.20 $