Cost of Living Comparison Between Bahamas and Canada Cost of Living Comparison Between Bahamas and Canada

Monthly Cost of Living

Monthly costs for one person with rent: $654 in Bahamas versus $2,316 in Canada.

Estimated couple costs with rent: $1,161 in Bahamas versus $3,376 in Canada.

Monthly costs for a family of three with rent: $1,668 in Bahamas versus $4,436 in Canada.

Living in Bahamas costs about 72% less than in Canada on average.

Bahamas (51% below) and Canada (73% above) straddle the global median.

Currency
🍽 Eating Out
Bahamas
Canada
Difference
Meal at Budget Restaurant
$30.54 BSD 30.54
$18.44 CA$25.53
65.62%
Three-Course Dinner for Two, Mid-Range
$130 BSD 130
$74.5 CA$103
74.74%
Fast Food Meal (McDonalds, etc)
$11.49 BSD 11.49
$10.88 CA$15.07
5.61%
Cappuccino
$5.63 BSD 5.63
$3.90 CA$5.39
44.36%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.55 BSD 2.55
$2.16 CA$2.99
18.06%
Water (0.33 liter bottle)
$2.03 BSD 2.03
$1.73 CA$2.40
17.34%
Local Beer (0.5 liter draught)
$5.14 BSD 5.14
$5.74 CA$7.94
-10.45%
Imported Beer (0.33 liter bottle)
$6.94 BSD 6.94
$6.05 CA$8.37
14.71%
🛒 Groceries & Markets
Bahamas
Canada
Difference
Milk (1 liter)
$4.19 BSD 4.19
$2.20 CA$3.05
90.45%
White Bread (500g)
$4.99 BSD 4.99
$2.75 CA$3.81
81.45%
Rice (white) (1kg)
$5.89 BSD 5.89
$3.66 CA$5.07
60.93%
Eggs
$7.63 BSD 7.63
$3.63 CA$5.03
110.19%
Local Cheese (1kg)
$9.15 BSD 9.15
$11.72 CA$16.22
-21.93%
Chicken Fillets (1kg)
$10.40 BSD 10.40
$12.28 CA$17.01
-15.31%
Beef Round Steak (1kg)
$19.59 BSD 19.59
$14.88 CA$20.60
31.65%
Apples (1kg)
$4.89 BSD 4.89
$4.14 CA$5.73
18.12%
Banana (1kg)
$3.26 BSD 3.26
$1.45 CA$2.01
124.83%
Oranges (1kg)
$4.80 BSD 4.80
$3.79 CA$5.25
26.65%
Tomato (1kg)
$7.26 BSD 7.26
$4.09 CA$5.66
77.51%
Potato (1kg)
$3.60 BSD 3.60
$2.73 CA$3.78
31.87%
Onion (1kg)
$3.56 BSD 3.56
$2.77 CA$3.83
28.52%
Lettuce (1 head)
$3.01 BSD 3.01
$2.62 CA$3.62
14.89%
Water (1.5 liter bottle)
$2.53 BSD 2.53
$1.87 CA$2.59
35.29%
Cigarettes 20 Pack (Marlboro, Camel)
$13.74 BSD 13.74
$14.79 CA$20.48
-7.10%
Wine (Bottle)
$30.04 BSD 30.04
$13.08 CA$18.11
129.66%
Local Beer (0.5 liter bottle)
$3.87 BSD 3.87
$3.03 CA$4.19
27.72%
Imported Beer (0.33 liter bottle)
$4.55 BSD 4.55
$3.41 CA$4.72
33.43%
🚌 Getting Around
Bahamas
Canada
Difference
One-way Ticket (Public Transport)
$1.46 BSD 1.46
$2.52 CA$3.49
-42.06%
Public Transport Monthly Pass (Regular Price)
$45.10 BSD 45.10
$77.9 CA$108
-42.08%
Taxi Start (Normal Tariff)
$4.56 BSD 4.56
$3.49 CA$4.83
30.66%
Taxi (Normal Tariff) (1km)
$3.06 BSD 3.06
$1.48 CA$2.04
106.76%
Taxi 1hour Waiting (Normal Tariff)
$98.7 BSD 98.7
$28.25 CA$39.12
249.38%
Gasoline (1 liter)
$1.49 BSD 1.49
$1.15 CA$1.59
29.57%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.5K BSD 37.5K
$25.4K CA$35.2K
47.27%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.0K BSD 39.0K
$20.6K CA$28.6K
89.08%
🧾 Monthly Utilities & Internet
Bahamas
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$252 BSD 252
$155 CA$214
62.55%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$65.3 BSD 65.3
$45.76 CA$63.4
42.61%
Internet (50+ Mbps, Unlimited Data)
$95.2 BSD 95.2
$62.2 CA$86.1
53.09%
🎉 Sport & Entertainment
Bahamas
Canada
Difference
Gym Membership (Monthly)
$107 BSD 107
$43.67 CA$60.5
144.36%
Tennis Court (1 Hour on Weekend)
$60.0 BSD 60.0
$18.14 CA$25.11
230.54%
Cinema Ticket
$17.95 BSD 17.95
$11.38 CA$15.76
57.73%
🧸 Childcare & Education
Bahamas
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$612 BSD 612
$798 CA$1,104
-23.27%
International Primary School, 1 Child (Yearly)
$14.2K BSD 14.2K
$12.1K CA$16.8K
16.86%
👕👟 Clothing & Footwear
Bahamas
Canada
Difference
Jeans (Levis 501 Or Similar)
$60.7 BSD 60.7
$56.8 CA$78.7
6.92%
Summer Dress (H&M, Zara, etc)
$49.34 BSD 49.34
$42.19 CA$58.4
16.95%
Sport Shoes (Adidas, Nike)
$115 BSD 115
$87.9 CA$122
30.27%
Men's Leather Business Shoes
$116 BSD 116
$106 CA$147
8.61%
🏠 Accommodation & Living
Bahamas
Canada
Difference
1-bedroom Apartment, City Center (Monthly)
$1,302 BSD 1,302
$1,359 CA$1,882
-4.23%
1-bedroom Apartment, Outside City Center (Monthly)
$1,312 BSD 1,312
$1,204 CA$1,667
9.03%
3-bedroom Apartment, City Center (Monthly)
$3,595 BSD 3,595
$2,136 CA$2,957
68.33%
3-bedroom Apartment, Outside City Center (Monthly)
$3,430 BSD 3,430
$1,860 CA$2,575
84.46%
Buy Apartment in City Center (m2)
$4,198 BSD 4,198
$4,642 CA$6,427
-9.56%
Buy Apartment Outside City Center (m2)
$3,254 BSD 3,254
$3,852 CA$5,333
-15.51%
💵 Salaries & Financials
Bahamas
Canada
Difference
Average Monthly Net Salary (After Tax)
$2,458 BSD 2,458
$3,029 CA$4,194
-18.84%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.04
6.33
42.81%

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

Last update for Bahamas: May 31, 2026

Last update for Canada: May 31, 2026

Cost Breakdown

National rent averages: $280 in Bahamas, $1,281 in Canada. Capital cities: $1,840 in Nassau vs $1,500 in Ottawa.

National salary averages: $2,237 in Bahamas, $2,972 in Canada. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 358% higher in Canada.

Dining out costs 113% more in Canada.

Public transport is 2067% more expensive in Canada.

Salaries are 33% higher in Canada, giving Bahamas stronger purchasing power.

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
How does the cost of living in Bahamas compare to Canada?
At $1,843 per month in Bahamas and $2,205 in Canada, there's a 20% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.
How do daily expenses compare in Bahamas vs Canada?
Bahamas is simply cheaper day-to-day: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.
Is rent more expensive in Bahamas or Canada?
Rent in Canada beats Bahamas across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.
Can you live in both Bahamas and Canada on $2,000 per month?
In Bahamas, $2,000 covers most cities easily. In Canada, it works in regional areas but falls short in the capital – you'll need to make trade-offs on housing or lifestyle.
Which country is better for expats: Bahamas or Canada?
It depends on what you're after. Bahamas wins on affordability; Canada may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.

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