Last update: Oct 2026

Cost of Living Comparison Between the Bahamas and Canada

Name: Canada
Address: CA

For one person, living is cheaper in Canada: $2,310 a month against $3,377 in the Bahamas, rent and utilities included – about $12,800 less a year. Other living expenses account for most of the difference.

161

Cost of Living Index in the Bahamas
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Bahamas Living Index
111

Cost of Living Index in Canada
Learn more

Canada Living Index

Jump to prices

🇧🇸 Bahamas

$3,377

/mo nomad

🇨🇦 Canada

$2,310

/mo nomad

Monthly Cost of Living

How much you'll spend in the Bahamas and in Canada

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in the Bahamas and in Canada actually costs, broken down by who's living it.

Monthly costs for one person with rent: $3,377 in the Bahamas versus $2,310 in Canada.

Bahamas $3,377
Canada $2,310

Estimated couple costs with rent: $5,923 in the Bahamas versus $3,356 in Canada.

Bahamas $5,923
Canada $3,356

Monthly costs for a family of three with rent: $8,469 in the Bahamas versus $4,403 in Canada.

Bahamas $8,469
Canada $4,403

Internal cost variation is higher in the Bahamas: monthly costs span $27 to $4,294, compared to $889–$3,737 in Canada. City choice carries more weight in the Bahamas.

Living in the Bahamas is roughly 46% more expensive than in Canada on average.

Both countries sit above the global median: the Bahamas 148% above, Canada 70% above.

Meal at Budget Restaurant

$49.01 BSD 49.01

$18.16 CA$25.49

169.88%

Three-Course Dinner for Two, Mid-Range

$162 BSD 162

$71.2 CA$99.9

128.09%

Fast Food Meal (McDonalds, etc)

$11.84 BSD 11.84

$10.81 CA$15.18

9.53%

Cappuccino

$5.46 BSD 5.46

$3.78 CA$5.30

44.44%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.16 BSD 3.16

$2.11 CA$2.97

49.76%

Water (0.33 liter bottle)

$1.98 BSD 1.98

$1.66 CA$2.33

19.28%

Local Beer (0.5 liter draught)

$4.89 BSD 4.89

$5.62 CA$7.89

-12.99%

Imported Beer (0.33 liter bottle)

$8.14 BSD 8.14

$5.72 CA$8.03

42.31%

Milk (1 liter)

$4.09 BSD 4.09

$2.17 CA$3.05

88.48%

White Bread (500g)

$5.38 BSD 5.38

$2.60 CA$3.66

106.92%

Rice (white) (1kg)

$6.18 BSD 6.18

$3.65 CA$5.13

69.32%

Eggs

$8.58 BSD 8.58

$3.63 CA$5.09

136.36%

Local Cheese (1kg)

$12.69 BSD 12.69

$10.76 CA$15.11

17.94%

Chicken Fillets (1kg)

$12.59 BSD 12.59

$11.90 CA$16.70

5.80%

Beef Round Steak (1kg)

$17.12 BSD 17.12

$15.42 CA$21.64

11.02%

Apples (1kg)

$7.20 BSD 7.20

$4.03 CA$5.65

78.66%

Banana (1kg)

$3.83 BSD 3.83

$1.38 CA$1.94

177.54%

Oranges (1kg)

$6.62 BSD 6.62

$3.88 CA$5.44

70.62%

Tomato (1kg)

$9.96 BSD 9.96

$4.08 CA$5.73

144.12%

Potato (1kg)

$3.13 BSD 3.13

$2.57 CA$3.60

21.79%

Onion (1kg)

$3.66 BSD 3.66

$2.48 CA$3.48

47.58%

Lettuce (1 head)

$4.42 BSD 4.42

$2.65 CA$3.71

66.79%

Water (1.5 liter bottle)

$2.77 BSD 2.77

$1.71 CA$2.41

61.99%

Cigarettes 20 Pack (Marlboro, Camel)

$14.92 BSD 14.92

$14.32 CA$20.10

4.19%

Wine (Bottle)

$28.55 BSD 28.55

$13.49 CA$18.93

111.64%

Local Beer (0.5 liter bottle)

$4.62 BSD 4.62

$2.84 CA$3.99

62.68%

Imported Beer (0.33 liter bottle)

$4.11 BSD 4.11

$3.30 CA$4.64

24.55%

One-way Ticket (Public Transport)

$2.13 BSD 2.13

$2.55 CA$3.58

-16.47%

Public Transport Monthly Pass (Regular Price)

$152 BSD 152

$71.9 CA$101

111.07%

Taxi Start (Normal Tariff)

$7.79 BSD 7.79

$3.18 CA$4.46

144.97%

Taxi (Normal Tariff) (1km)

$2.97 BSD 2.97

$1.54 CA$2.16

92.86%

Taxi 1hour Waiting (Normal Tariff)

$76.0 BSD 76.0

$26.69 CA$37.46

184.75%

Gasoline (1 liter)

$1.52 BSD 1.52

$1.24 CA$1.75

22.58%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$38.2K BSD 38.2K

$27.9K CA$39.1K

36.99%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$41.5K BSD 41.5K

$21.1K CA$29.6K

96.88%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$315 BSD 315

$147 CA$207

113.51%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$63.1 BSD 63.1

$41.80 CA$58.7

50.84%

Internet (50+ Mbps, Unlimited Data)

$101 BSD 101

$60.2 CA$84.5

67.62%

Gym Membership (Monthly)

$113 BSD 113

$39.01 CA$54.8

190.05%

Tennis Court (1 Hour on Weekend)

$46.06 BSD 46.06

$19.06 CA$26.75

141.66%

Cinema Ticket

$18.95 BSD 18.95

$11.21 CA$15.73

69.05%

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

$942 BSD 942

$721 CA$1,012

30.60%

International Primary School, 1 Child (Yearly)

$15.4K BSD 15.4K

$14.8K CA$20.8K

3.49%

Jeans (Levis 501 Or Similar)

$54.0 BSD 54.0

$55.3 CA$77.6

-2.39%

Summer Dress (H&M, Zara, etc)

$84.2 BSD 84.2

$38.95 CA$54.7

116.28%

Sport Shoes (Adidas, Nike)

$113 BSD 113

$87.4 CA$123

29.48%

Men's Leather Business Shoes

$108 BSD 108

$101 CA$142

6.73%

1-bedroom Apartment, City Center (Monthly)

$1,089 BSD 1,089

$1,290 CA$1,811

-15.57%

1-bedroom Apartment, Outside City Center (Monthly)

$1,251 BSD 1,251

$1,130 CA$1,586

10.67%

3-bedroom Apartment, City Center (Monthly)

$3,554 BSD 3,554

$2,036 CA$2,857

74.54%

3-bedroom Apartment, Outside City Center (Monthly)

$3,509 BSD 3,509

$1,731 CA$2,429

102.73%

Buy Apartment in City Center (m2)

$6,035 BSD 6,035

$4,769 CA$6,693

26.56%

Buy Apartment Outside City Center (m2)

$3,429 BSD 3,429

$3,730 CA$5,234

-8.07%

Average Monthly Net Salary (After Tax)

$2,474 BSD 2,474

$3,070 CA$4,308

-19.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.82

4.87

142.71%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for the Bahamas: October 25, 2026

Last update for Canada: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Bahamas

$1.3K 37%

Canada

$1.1K 48.9% 9.6% $121

Groceries & Markets

Bahamas

$597 17.7%

Canada

$371 16.1% 37.9% $226

Eating Out

Bahamas

$554 16.4%

Canada

$278 12% 49.9% $277

Monthly Utilities & Internet

Bahamas

$479 14.2%

Canada

$249 10.8% 47.9% $229

Getting Around

Bahamas

$183 5.4%

Canada

$93 4% 49.2% $90

Clothing & Footwear

Bahamas

$162 4.8%

Canada

$127 5.5% 21.3% $34

Sport & Entertainment

Bahamas

$151 4.5%

Canada

$61 2.7% 59.3% $90

Cost Breakdown

National rent averages: $1,140 in the Bahamas, $1,250 in Canada. Capital cities: $1,495 in Nassau vs $1,434 in Ottawa.

National salary averages: $2,211 in the Bahamas, $2,968 in Canada. Higher pay doesn’t always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 10% higher in Canada.

Dining out costs 136% more in the Bahamas.

Public transport is 126% more expensive in the Bahamas.

Salaries are 34% higher in Canada, and purchasing power comes out stronger in Canada.

Good to know

🇧🇸 Bahamas

🇨🇦 Canada

🕒 Local time

16:25 4:25 PM

Same time as the Bahamas

🌤 Weather

👥 Population

399,440

36,991,981

💱 Currency

Bahamian Dollar BSD $

Canadian Dollar CAD $

📈 Exchange rate

1 BSD = 1 USD

1 BSD = 0.898 EUR

1 CAD = 0.713 USD

1 CAD = 0.64 EUR

Exchange rates and currency converter

CAD, USD, EUR to BSD – Bahamian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇸 Bahamian Dollar ($)

Bahamian Dollar exchange rates as of October 28, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.11 BSD (1 BSD = 0.898 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.64 EUR).

USD to BSD in detail →

On the map

Lowest

Highest

Between locations

Bahamas Canada 2,270 km ≈ 3 h 15 min nonstop flight

From you

Bahamas
Canada

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Bahamas vs Canada: Cost of Living - Frequently Asked Questions

At $3,377 per month in the Bahamas and $2,310 in Canada, Canada comes out about 32% cheaper. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Day-to-day life is cheaper in Canada: lower grocery prices, cheaper commutes, and more affordable meals out. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.

It depends on what you’re after: Canada wins on affordability, while salaries, visas, language, and lifestyle can tip the balance either way.