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 $2,217 in Canada.

Estimated couple costs with rent: $1,138 in Bahamas versus $3,254 in Canada.

Monthly costs for a family of three with rent: $1,622 in Bahamas versus $4,291 in Canada.

Living in Bahamas costs about 71% less than in Canada on average.

Bahamas (53% below) and Canada (61% above) straddle the global median.

Currency
🍽 Eating Out
Bahamas
Canada
Difference
Meal at Budget Restaurant
$48.16 BSD 48.16
$18.28 CA$25.35
163.46%
Three-Course Dinner for Two, Mid-Range
$167 BSD 167
$71.2 CA$98.8
134.82%
Fast Food Meal (McDonalds, etc)
$12.03 BSD 12.03
$10.96 CA$15.20
9.76%
Cappuccino
$5.21 BSD 5.21
$3.95 CA$5.47
31.90%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.13 BSD 3.13
$2.07 CA$2.88
51.21%
Water (0.33 liter bottle)
$1.91 BSD 1.91
$1.74 CA$2.42
9.77%
Local Beer (0.5 liter draught)
$5.14 BSD 5.14
$5.93 CA$8.23
-13.32%
Imported Beer (0.33 liter bottle)
$8.23 BSD 8.23
$5.69 CA$7.89
44.64%
🛒 Groceries & Markets
Bahamas
Canada
Difference
Milk (1 liter)
$4.48 BSD 4.48
$2.23 CA$3.09
100.90%
White Bread (500g)
$5.22 BSD 5.22
$2.71 CA$3.76
92.62%
Rice (white) (1kg)
$5.95 BSD 5.95
$3.72 CA$5.16
59.95%
Eggs
$8.31 BSD 8.31
$3.61 CA$5.01
130.19%
Local Cheese (1kg)
$11.28 BSD 11.28
$10.81 CA$14.99
4.35%
Chicken Fillets (1kg)
$13.35 BSD 13.35
$12.22 CA$16.95
9.25%
Beef Round Steak (1kg)
$17.79 BSD 17.79
$15.68 CA$21.75
13.46%
Apples (1kg)
$5.74 BSD 5.74
$4.25 CA$5.89
35.06%
Banana (1kg)
$3.78 BSD 3.78
$1.43 CA$1.98
164.34%
Oranges (1kg)
$5.18 BSD 5.18
$4.02 CA$5.57
28.86%
Tomato (1kg)
$9.14 BSD 9.14
$4.09 CA$5.67
123.47%
Potato (1kg)
$3.13 BSD 3.13
$2.68 CA$3.72
16.79%
Onion (1kg)
$3.79 BSD 3.79
$2.45 CA$3.40
54.69%
Lettuce (1 head)
$4.33 BSD 4.33
$2.67 CA$3.70
62.17%
Water (1.5 liter bottle)
$2.76 BSD 2.76
$1.80 CA$2.50
53.33%
Cigarettes 20 Pack (Marlboro, Camel)
$15.23 BSD 15.23
$14.46 CA$20.05
5.33%
Wine (Bottle)
$29.52 BSD 29.52
$13.58 CA$18.84
117.38%
Local Beer (0.5 liter bottle)
$4.62 BSD 4.62
$2.84 CA$3.94
62.68%
Imported Beer (0.33 liter bottle)
$3.93 BSD 3.93
$3.26 CA$4.52
20.55%
🚌 Getting Around
Bahamas
Canada
Difference
One-way Ticket (Public Transport)
$2.45 BSD 2.45
$2.46 CA$3.41
-0.41%
Public Transport Monthly Pass (Regular Price)
$150 BSD 150
$75.2 CA$104
99.69%
Taxi Start (Normal Tariff)
$8.18 BSD 8.18
$3.15 CA$4.37
159.68%
Taxi (Normal Tariff) (1km)
$2.97 BSD 2.97
$1.54 CA$2.14
92.86%
Taxi 1hour Waiting (Normal Tariff)
$50.2 BSD 50.2
$27.55 CA$38.21
82.03%
Gasoline (1 liter)
$1.46 BSD 1.46
$1.16 CA$1.61
25.86%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$30.5K BSD 30.5K
$28.4K CA$39.3K
7.38%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$43.8K BSD 43.8K
$19.5K CA$27.0K
125.18%
🧾 Monthly Utilities & Internet
Bahamas
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$330 BSD 330
$155 CA$215
112.78%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$65.5 BSD 65.5
$43.47 CA$60.3
50.61%
Internet (50+ Mbps, Unlimited Data)
$105 BSD 105
$60.4 CA$83.8
74.59%
🎉 Sport & Entertainment
Bahamas
Canada
Difference
Gym Membership (Monthly)
$114 BSD 114
$41.15 CA$57.1
175.99%
Tennis Court (1 Hour on Weekend)
$41.97 BSD 41.97
$19.79 CA$27.45
112.08%
Cinema Ticket
$20.18 BSD 20.18
$11.53 CA$15.98
75.02%
🧸 Childcare & Education
Bahamas
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$985 BSD 985
$786 CA$1,089
25.33%
International Primary School, 1 Child (Yearly)
$16.0K BSD 16.0K
$14.8K CA$20.6K
7.83%
👕👟 Clothing & Footwear
Bahamas
Canada
Difference
Jeans (Levis 501 Or Similar)
$60.3 BSD 60.3
$55.0 CA$76.3
9.66%
Summer Dress (H&M, Zara, etc)
$84.1 BSD 84.1
$41.25 CA$57.2
103.76%
Sport Shoes (Adidas, Nike)
$120 BSD 120
$88.1 CA$122
36.81%
Men's Leather Business Shoes
$127 BSD 127
$106 CA$147
19.59%
🏠 Accommodation & Living
Bahamas
Canada
Difference
1-bedroom Apartment, City Center (Monthly)
$1,287 BSD 1,287
$1,295 CA$1,797
-0.62%
1-bedroom Apartment, Outside City Center (Monthly)
$1,292 BSD 1,292
$1,168 CA$1,619
10.61%
3-bedroom Apartment, City Center (Monthly)
$3,471 BSD 3,471
$2,044 CA$2,835
69.82%
3-bedroom Apartment, Outside City Center (Monthly)
$3,737 BSD 3,737
$1,779 CA$2,467
110.02%
Buy Apartment in City Center (m2)
$4,153 BSD 4,153
$4,786 CA$6,638
-13.23%
Buy Apartment Outside City Center (m2)
$3,268 BSD 3,268
$3,973 CA$5,510
-17.75%
💵 Salaries & Financials
Bahamas
Canada
Difference
Average Monthly Net Salary (After Tax)
$2,620 BSD 2,620
$3,078 CA$4,270
-14.90%
20-Year Fixed Mortgage Interest Rate (Annual %)
9.92
4.86
104.12%

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

Last update for Bahamas: September 8, 2026

Last update for Canada: September 8, 2026

Cost Breakdown

National rent averages: $253 in Bahamas, $1,228 in Canada. Capital cities: $1,490 in Nassau vs $1,496 in Ottawa.

National salary averages: $2,354 in Bahamas, $2,981 in Canada. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 385% higher in Canada.

Dining out costs 164% more in Canada.

Public transport is 650% more expensive in Canada.

Salaries are 27% higher in Canada, and purchasing power comes out stronger in Bahamas.

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 the cost in Canada?
At $2,175 per month in Bahamas and $2,346 in Canada, there's a 8% 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?
Day-to-day life is simply cheaper in Bahamas: 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 in Canada?
Rent in Canada is consistently higher than in 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 $3,000 per month?
In Bahamas, $3,000 covers most cities easily; in Canada it stretches only to regional areas and 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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