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