Caribbean · premium destination

Cost of living in the Bahamas for expats

A realistic monthly budget for one person living comfortably in the Bahamas — rent, food, transport, and everyday costs in Nassau.

Monthly budget

$3,500–5,500

One person, all-in, in Nassau

Rent (1-bed)

$1,800–3,500

1-bedroom city-centre apartment, per month

Budget tier

Premium

$2,800+/mo

What to know

What makes the Bahamas stand out, and what to watch for

Why expats choose Bahamas

Zero income tax on worldwide earnings, crystal-clear water on the doorstep, and a new Digital Nomad Visa for remote workers; 30 minutes from Miami by air.

Watch out for

Everything beyond food and fuel is heavily imported and priced accordingly; Nassau property prices rival major US cities, and hurricane risk is real June–November.

Costs vary a lot by city, neighbourhood, and lifestyle — these are directional monthly bands for the main expat city, current as of 2026. Treat them as a starting point, not a quote. Information only, not financial advice.

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Cost of living elsewhere in Caribbean

All 13 in Caribbean →

Country	Monthly budget	Tier
Anguilla	$3,500–5,000	Premium
Antigua and Barbuda	$2,800–4,000	Premium
Barbados	$3,000–4,500	Premium
Bermuda	$5,000–7,000	Premium
Curacao	$2,000–2,800	Moderate
Dominica	$1,100–1,700	Budget

The rest of the move

Visa routes to the Bahamas1 current route, each with its official source Healthcare in the Bahamas for expatsPublic + private mix system — how a resident can use it and what private cover costs Your first 90 days in the BahamasRegistration, tax ID, bank account and license, in the order they unlock

Managing your money

Banking abroadUS banks often close accounts with a foreign address. Compare the ones that keep working.Sending money abroadGet your money to the Bahamas without the markup banks hide in the exchange rate.Health cover abroadYour US health plan doesn't follow you overseas. Compare the plans that do.

Moving to the Bahamas?

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Information only, not legal advice — we never file anything with any government. Requirements change; verify with the official source or a licensed immigration advisor before you apply.

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