Last update: Oct 2026

Cost of Living Comparison Between Canada and the Bahamas

Name: Bahamas
Address: BS

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.

111

Cost of Living Index in Canada
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Canada Living Index
161

Cost of Living Index in the Bahamas
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Bahamas Living Index

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🇨🇦 Canada

$2,310

/mo nomad

🇧🇸 Bahamas

$3,377

/mo nomad

Monthly Cost of Living

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

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

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

Canada $2,310
Bahamas $3,377

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

Canada $3,356
Bahamas $5,923

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

Canada $4,403
Bahamas $8,469

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 Canada costs about 32% less than in the Bahamas on average.

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

Meal at Budget Restaurant

$18.16 CA$25.40

$49.01 BSD 49.01

-62.95%

Three-Course Dinner for Two, Mid-Range

$71.2 CA$99.6

$162 BSD 162

-56.16%

Fast Food Meal (McDonalds, etc)

$10.81 CA$15.12

$11.84 BSD 11.84

-8.70%

Cappuccino

$3.78 CA$5.28

$5.46 BSD 5.46

-30.77%

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

$2.11 CA$2.96

$3.16 BSD 3.16

-33.23%

Water (0.33 liter bottle)

$1.66 CA$2.32

$1.98 BSD 1.98

-16.16%

Local Beer (0.5 liter draught)

$5.62 CA$7.86

$4.89 BSD 4.89

14.93%

Imported Beer (0.33 liter bottle)

$5.72 CA$8.00

$8.14 BSD 8.14

-29.73%

Milk (1 liter)

$2.17 CA$3.04

$4.09 BSD 4.09

-46.94%

White Bread (500g)

$2.60 CA$3.64

$5.38 BSD 5.38

-51.67%

Rice (white) (1kg)

$3.65 CA$5.11

$6.18 BSD 6.18

-40.94%

Eggs

$3.63 CA$5.07

$8.58 BSD 8.58

-57.69%

Local Cheese (1kg)

$10.76 CA$15.06

$12.69 BSD 12.69

-15.21%

Chicken Fillets (1kg)

$11.90 CA$16.64

$12.59 BSD 12.59

-5.48%

Beef Round Steak (1kg)

$15.42 CA$21.57

$17.12 BSD 17.12

-9.93%

Apples (1kg)

$4.03 CA$5.63

$7.20 BSD 7.20

-44.03%

Banana (1kg)

$1.38 CA$1.94

$3.83 BSD 3.83

-63.97%

Oranges (1kg)

$3.88 CA$5.42

$6.62 BSD 6.62

-41.39%

Tomato (1kg)

$4.08 CA$5.71

$9.96 BSD 9.96

-59.04%

Potato (1kg)

$2.57 CA$3.59

$3.13 BSD 3.13

-17.89%

Onion (1kg)

$2.48 CA$3.46

$3.66 BSD 3.66

-32.24%

Lettuce (1 head)

$2.65 CA$3.70

$4.42 BSD 4.42

-40.05%

Water (1.5 liter bottle)

$1.71 CA$2.40

$2.77 BSD 2.77

-38.27%

Cigarettes 20 Pack (Marlboro, Camel)

$14.32 CA$20.03

$14.92 BSD 14.92

-4.02%

Wine (Bottle)

$13.49 CA$18.86

$28.55 BSD 28.55

-52.75%

Local Beer (0.5 liter bottle)

$2.84 CA$3.97

$4.62 BSD 4.62

-38.53%

Imported Beer (0.33 liter bottle)

$3.30 CA$4.62

$4.11 BSD 4.11

-19.71%

One-way Ticket (Public Transport)

$2.55 CA$3.57

$2.13 BSD 2.13

19.72%

Public Transport Monthly Pass (Regular Price)

$71.9 CA$101

$152 BSD 152

-52.62%

Taxi Start (Normal Tariff)

$3.18 CA$4.45

$7.79 BSD 7.79

-59.18%

Taxi (Normal Tariff) (1km)

$1.54 CA$2.15

$2.97 BSD 2.97

-48.15%

Taxi 1hour Waiting (Normal Tariff)

$26.69 CA$37.33

$76.0 BSD 76.0

-64.88%

Gasoline (1 liter)

$1.24 CA$1.74

$1.52 BSD 1.52

-18.42%

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

$27.9K CA$39.0K

$38.2K BSD 38.2K

-27.00%

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

$21.1K CA$29.5K

$41.5K BSD 41.5K

-49.21%

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

$147 CA$206

$315 BSD 315

-53.16%

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

$41.80 CA$58.5

$63.1 BSD 63.1

-33.70%

Internet (50+ Mbps, Unlimited Data)

$60.2 CA$84.2

$101 BSD 101

-40.34%

Gym Membership (Monthly)

$39.01 CA$54.6

$113 BSD 113

-65.52%

Tennis Court (1 Hour on Weekend)

$19.06 CA$26.66

$46.06 BSD 46.06

-58.62%

Cinema Ticket

$11.21 CA$15.68

$18.95 BSD 18.95

-40.84%

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

$721 CA$1,009

$942 BSD 942

-23.43%

International Primary School, 1 Child (Yearly)

$14.8K CA$20.8K

$15.4K BSD 15.4K

-3.37%

Jeans (Levis 501 Or Similar)

$55.3 CA$77.3

$54.0 BSD 54.0

2.45%

Summer Dress (H&M, Zara, etc)

$38.95 CA$54.5

$84.2 BSD 84.2

-53.76%

Sport Shoes (Adidas, Nike)

$87.4 CA$122

$113 BSD 113

-22.77%

Men's Leather Business Shoes

$101 CA$142

$108 BSD 108

-6.31%

1-bedroom Apartment, City Center (Monthly)

$1,290 CA$1,805

$1,089 BSD 1,089

18.45%

1-bedroom Apartment, Outside City Center (Monthly)

$1,130 CA$1,581

$1,251 BSD 1,251

-9.64%

3-bedroom Apartment, City Center (Monthly)

$2,036 CA$2,848

$3,554 BSD 3,554

-42.71%

3-bedroom Apartment, Outside City Center (Monthly)

$1,731 CA$2,421

$3,509 BSD 3,509

-50.67%

Buy Apartment in City Center (m2)

$4,769 CA$6,670

$6,035 BSD 6,035

-20.98%

Buy Apartment Outside City Center (m2)

$3,730 CA$5,217

$3,429 BSD 3,429

8.78%

Average Monthly Net Salary (After Tax)

$3,070 CA$4,293

$2,474 BSD 2,474

24.07%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.87

11.82

-58.80%

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

Last update for Canada: October 26, 2026

Last update for the Bahamas: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Canada

$1.1K 48.9%

Bahamas

$1.3K 37% 10.7% $121

Groceries & Markets

Canada

$371 16.1%

Bahamas

$597 17.7% 61.1% $226

Eating Out

Canada

$278 12%

Bahamas

$554 16.4% 99.6% $277

Monthly Utilities & Internet

Canada

$249 10.8%

Bahamas

$479 14.2% 91.9% $229

Clothing & Footwear

Canada

$127 5.5%

Bahamas

$162 4.8% 27.1% $34

Getting Around

Canada

$93 4%

Bahamas

$183 5.4% 96.7% $90

Sport & Entertainment

Canada

$61 2.7%

Bahamas

$151 4.5% 146% $90

Cost Breakdown

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

National salary averages: $2,968 in Canada, $2,211 in the Bahamas. 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

🇨🇦 Canada

🇧🇸 Bahamas

🕒 Local time

23:28 11:28 PM

Same time as Canada

🌤 Weather

👥 Population

36,991,981

399,440

💱 Currency

Canadian Dollar CAD $

Bahamian Dollar BSD $

📈 Exchange rate

1 CAD = 0.715 USD

1 CAD = 0.642 EUR

1 BSD = 1 USD

1 BSD = 0.898 EUR

Exchange rates and currency converter

BSD, USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 29, 2026: 1 USD = 1.4 CAD (1 CAD = 0.715 USD). 1 EUR = 1.56 CAD (1 CAD = 0.642 EUR).

Bahamian Dollar exchange rates as of October 29, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.11 BSD (1 BSD = 0.898 EUR).

USD to CAD in detail →

On the map

Lowest

Highest

Between locations

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

From you

Canada
Bahamas

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

Canada vs Bahamas: 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.