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: $649 in Bahamas versus $2,319 in Canada.
🙂Estimated couple costs with rent: $1,147 in Bahamas versus $3,378 in Canada.
🙂Monthly costs for a family of three with rent: $1,644 in Bahamas versus $4,437 in Canada.
🌍Living in Bahamas costs about 72% less than in Canada on average.
📊Bahamas (51% below) and Canada (74% above) straddle the global median.
Currency
🍽 Eating Out
Bahamas
Canada
Difference
Meal at Budget Restaurant
$29.64BSD 29.64
$18.63CA$26.11
59.10%
Three-Course Dinner for Two, Mid-Range
$129BSD 129
$74.0CA$104
74.16%
Fast Food Meal(McDonalds, etc)
$11.48BSD 11.48
$10.92CA$15.31
5.13%
Cappuccino
$5.65BSD 5.65
$3.76CA$5.28
50.27%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$2.68BSD 2.68
$2.19CA$3.07
22.37%
Water(0.33 liter bottle)
$2.04BSD 2.04
$1.74CA$2.43
17.24%
Local Beer(0.5 liter draught)
$4.95BSD 4.95
$5.93CA$8.31
-16.53%
Imported Beer(0.33 liter bottle)
$7.10BSD 7.10
$5.95CA$8.35
19.33%
🛒 Groceries & Markets
Bahamas
Canada
Difference
Milk(1 liter)
$4.26BSD 4.26
$2.28CA$3.20
86.84%
White Bread(500g)
$4.77BSD 4.77
$2.67CA$3.74
78.65%
Rice(white)(1kg)
$5.71BSD 5.71
$3.78CA$5.30
51.06%
Eggs
$7.61BSD 7.61
$3.50CA$4.90
117.43%
Local Cheese(1kg)
$9.28BSD 9.28
$11.70CA$16.40
-20.68%
Chicken Fillets(1kg)
$10.28BSD 10.28
$12.30CA$17.24
-16.42%
Beef Round Steak(1kg)
$19.29BSD 19.29
$15.44CA$21.65
24.94%
Apples(1kg)
$4.65BSD 4.65
$4.28CA$6.00
8.64%
Banana(1kg)
$3.26BSD 3.26
$1.45CA$2.04
124.83%
Oranges(1kg)
$4.65BSD 4.65
$4.01CA$5.62
15.96%
Tomato(1kg)
$7.34BSD 7.34
$4.27CA$5.98
71.90%
Potato(1kg)
$3.79BSD 3.79
$2.69CA$3.77
40.89%
Onion(1kg)
$3.38BSD 3.38
$2.65CA$3.71
27.55%
Lettuce(1 head)
$3.08BSD 3.08
$2.64CA$3.70
16.67%
Water(1.5 liter bottle)
$2.61BSD 2.61
$1.89CA$2.65
38.10%
Cigarettes 20 Pack(Marlboro, Camel)
$13.79BSD 13.79
$14.77CA$20.71
-6.64%
Wine(Bottle)
$29.45BSD 29.45
$13.32CA$18.67
121.10%
Local Beer(0.5 liter bottle)
$3.89BSD 3.89
$2.96CA$4.15
31.42%
Imported Beer(0.33 liter bottle)
$4.54BSD 4.54
$3.28CA$4.59
38.41%
🚌 Getting Around
Bahamas
Canada
Difference
One-way Ticket(Public Transport)
$1.47BSD 1.47
$2.62CA$3.67
-43.89%
Public Transport Monthly Pass(Regular Price)
$45.69BSD 45.69
$78.1CA$110
-41.50%
Taxi Start(Normal Tariff)
$4.61BSD 4.61
$3.42CA$4.79
34.80%
Taxi(Normal Tariff)(1km)
$3.05BSD 3.05
$1.50CA$2.10
103.33%
Taxi 1hour Waiting(Normal Tariff)
$99.7BSD 99.7
$29.07CA$40.76
243.10%
Gasoline(1 liter)
$1.48BSD 1.48
$1.20CA$1.68
23.33%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$37.2KBSD 37.2K
$25.5KCA$35.7K
46.01%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.5KBSD 39.5K
$20.6KCA$28.8K
91.96%
🧾 Monthly Utilities & Internet
Bahamas
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$252BSD 252
$152CA$212
66.39%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$65.4BSD 65.4
$46.70CA$65.5
39.98%
Internet(50+ Mbps, Unlimited Data)
$97.5BSD 97.5
$61.8CA$86.7
57.70%
🎉 Sport & Entertainment
Bahamas
Canada
Difference
Gym Membership(Monthly)
$110BSD 110
$43.36CA$60.8
153.55%
Tennis Court(1 Hour on Weekend)
$60.5BSD 60.5
$18.05CA$25.31
235.40%
Cinema Ticket
$18.20BSD 18.20
$11.51CA$16.13
58.12%
🧸 Childcare & Education
Bahamas
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$614BSD 614
$806CA$1,130
-23.83%
International Primary School, 1 Child(Yearly)
$14.2KBSD 14.2K
$12.1KCA$17.0K
17.03%
👕👟 Clothing & Footwear
Bahamas
Canada
Difference
Jeans(Levis 501 Or Similar)
$60.6BSD 60.6
$55.4CA$77.6
9.37%
Summer Dress(H&M, Zara, etc)
$49.24BSD 49.24
$41.80CA$58.6
17.80%
Sport Shoes(Adidas, Nike)
$114BSD 114
$89.7CA$126
27.06%
Men's Leather Business Shoes
$115BSD 115
$106CA$149
8.08%
🏠 Accommodation & Living
Bahamas
Canada
Difference
1-bedroom Apartment, City Center(Monthly)
$1,343BSD 1,343
$1,329CA$1,864
1.05%
1-bedroom Apartment, Outside City Center(Monthly)
$1,276BSD 1,276
$1,207CA$1,692
5.74%
3-bedroom Apartment, City Center(Monthly)
$3,631BSD 3,631
$2,112CA$2,961
71.90%
3-bedroom Apartment, Outside City Center(Monthly)
$3,465BSD 3,465
$1,833CA$2,570
89.06%
Buy Apartment in City Center(m2)
$4,114BSD 4,114
$4,639CA$6,503
-11.30%
Buy Apartment Outside City Center(m2)
$3,242BSD 3,242
$3,849CA$5,396
-15.76%
💵 Salaries & Financials
Bahamas
Canada
Difference
Average Monthly Net Salary(After Tax)
$2,577BSD 2,577
$2,948CA$4,133
-12.58%
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: July 13, 2026
Last update for Canada: July 14, 2026
Cost Breakdown
🏠National rent averages: $282 in Bahamas, $1,281 in Canada. Capital cities: $1,854 in Nassau vs $1,481 in Ottawa.
💰National salary averages: $2,355 in Bahamas, $2,904 in Canada. Higher pay doesn't always mean more spending money – weigh income against local costs.
Cost Highlights
⭐Rent is 354% higher in Canada.
⭐Dining out costs 113% more in Canada.
⭐Public transport is 3150% more expensive in Canada.
⭐Salaries are 23% 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 $1,913 per month in Bahamas and $2,238 in Canada, there's a 17% 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 $2,000 per month?
In Bahamas, $2,000 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.