Last update: Oct 2026

Cost of Living Comparison Between New Providence and Santiago

For one person, living is cheaper in Santiago: $1,206 a month against $2,134 in New Providence, rent and utilities included – about $11,100 less a year. Other living expenses account for most of the difference.

New Providence
🇧🇸 Bahamas
$2,134
/mo nomad
Santiago
🇨🇱 Chile
$1,206
/mo nomad
Monthly Cost of Living

How much you'll spend in New Providence and in Santiago

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

A single person spends $2,134 per month in New Providence vs $1,206 in Santiago, rent included.

  • New Providence $2,134
  • Santiago $1,206

A couple spends around $5,196 per month in New Providence vs $1,885 in Santiago, rent included.

  • New Providence $5,196
  • Santiago $1,885

A family of three spends $8,257 per month in New Providence vs $2,564 in Santiago, rent included.

  • New Providence $8,257
  • Santiago $2,564

New Providence costs about 77% more than Santiago, and outside of rent the biggest gap is in eating out.

New Providence sits 59% above the global median, while Santiago is 10% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
New Providence
Santiago
Difference
Meal at Budget Restaurant
$74.6 BSD 74.6
$10.19 CLP 9,931
632.19%
Three-Course Dinner for Two, Mid-Range
$151 BSD 151
$52.2 CLP 50.9K
189.66%
Fast Food Meal (McDonalds, etc)
-
$8.54 CLP 8,323
-
Cappuccino
$5.40 BSD 5.40
$3.19 CLP 3,115
69.28%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
-
$1.68 CLP 1,637
-
Water (0.33 liter bottle)
-
$1.22 CLP 1,191
-
Local Beer (0.5 liter draught)
-
$4.21 CLP 4,101
-
Imported Beer (0.33 liter bottle)
-
$4.66 CLP 4,539
-
🛒 Groceries & Markets
New Providence
Santiago
Difference
Milk (1 liter)
$2.17 BSD 2.17
$1.32 CLP 1,283
64.39%
White Bread (500g)
$4.91 BSD 4.91
$1.80 CLP 1,756
172.78%
Rice (white) (1kg)
$5.05 BSD 5.05
$1.58 CLP 1,543
219.62%
Eggs
$10.12 BSD 10.12
$4.25 CLP 4,141
138.12%
Local Cheese (1kg)
$19.69 BSD 19.69
$11.19 CLP 10.9K
75.96%
Chicken Fillets (1kg)
$10.09 BSD 10.09
$6.75 CLP 6,580
49.48%
Beef Round Steak (1kg)
$20.37 BSD 20.37
$10.67 CLP 10.4K
90.91%
Apples (1kg)
$4.45 BSD 4.45
$2.04 CLP 1,991
118.14%
Banana (1kg)
$6.10 BSD 6.10
$1.53 CLP 1,497
298.69%
Oranges (1kg)
$7.17 BSD 7.17
$1.59 CLP 1,549
350.94%
Tomato (1kg)
$4.02 BSD 4.02
$1.75 CLP 1,708
129.71%
Potato (1kg)
$4.02 BSD 4.02
$1.08 CLP 1,051
272.22%
Onion (1kg)
$2.95 BSD 2.95
$1.51 CLP 1,476
95.36%
Lettuce (1 head)
$2.95 BSD 2.95
$1.17 CLP 1,145
152.14%
Water (1.5 liter bottle)
$2.93 BSD 2.93
$1.07 CLP 1,041
173.83%
Cigarettes 20 Pack (Marlboro, Camel)
$15.16 BSD 15.16
$5.14 CLP 5,015
194.94%
Wine (Bottle)
$25.37 BSD 25.37
$5.88 CLP 5,732
331.46%
Local Beer (0.5 liter bottle)
$3.72 BSD 3.72
$1.55 CLP 1,513
140.00%
Imported Beer (0.33 liter bottle)
$4.08 BSD 4.08
$2.27 CLP 2,218
79.74%
🚌 Getting Around
New Providence
Santiago
Difference
One-way Ticket (Public Transport)
-
$0.85 CLP 829
-
Public Transport Monthly Pass (Regular Price)
-
$41.50 CLP 40.5K
-
Taxi Start (Normal Tariff)
-
$0.39 CLP 383
-
Taxi (Normal Tariff) (1km)
-
$0.84 CLP 820
-
Taxi 1hour Waiting (Normal Tariff)
-
$11.94 CLP 11.6K
-
Gasoline (1 liter)
$1.76 BSD 1.76
$1.50 CLP 1,467
17.33%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
-
$18.1K CLP 17.7M
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
-
$21.6K CLP 21.1M
-
🧾 Monthly Utilities & Internet
New Providence
Santiago
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
-
$151 CLP 147.3K
-
SIM Card Monthly Plan (Calls and 10GB+ Data)
$40.39 BSD 40.39
$12.04 CLP 11.7K
235.47%
Internet (50+ Mbps, Unlimited Data)
$100 BSD 100
$18.93 CLP 18.5K
429.05%
🎉 Sport & Entertainment
New Providence
Santiago
Difference
Gym Membership (Monthly)
$76.5 BSD 76.5
$33.81 CLP 33.0K
126.23%
Tennis Court (1 Hour on Weekend)
-
$11.72 CLP 11.4K
-
Cinema Ticket
$14.72 BSD 14.72
$7.37 CLP 7,185
99.73%
🧸 Childcare & Education
New Providence
Santiago
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,525 BSD 1,525
$434 CLP 423.3K
251.33%
International Primary School, 1 Child (Yearly)
$14.8K BSD 14.8K
$11.0K CLP 10.7M
34.90%
👕👟 Clothing & Footwear
New Providence
Santiago
Difference
Jeans (Levis 501 Or Similar)
-
$50.9 CLP 49.6K
-
Summer Dress (H&M, Zara, etc)
-
$29.16 CLP 28.4K
-
Sport Shoes (Adidas, Nike)
-
$67.4 CLP 65.7K
-
Men's Leather Business Shoes
-
$80.3 CLP 78.2K
-
🏠 Accommodation & Living
New Providence
Santiago
Difference
1-bedroom Apartment, City Center (Monthly)
$1,518 BSD 1,518
$555 CLP 540.8K
173.63%
1-bedroom Apartment, Outside City Center (Monthly)
$692 BSD 692
$372 CLP 363.2K
85.78%
3-bedroom Apartment, City Center (Monthly)
-
$1,009 CLP 984.3K
-
3-bedroom Apartment, Outside City Center (Monthly)
$4,529 BSD 4,529
$779 CLP 759.1K
481.70%
Buy Apartment in City Center (m2)
-
$2,671 CLP 2.6M
-
Buy Apartment Outside City Center (m2)
-
$2,622 CLP 2.6M
-
💵 Salaries & Financials
New Providence
Santiago
Difference
Average Monthly Net Salary (After Tax)
-
$791 CLP 771.7K
-
20-Year Fixed Mortgage Interest Rate (Annual %)
0
5.39
-

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

Last update for New Providence: October 6, 2026

Last update for Santiago: October 4, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
New Providence
–
Santiago
$372
Groceries & Markets
New Providence
–
Santiago
$236
Eating Out
New Providence
–
Santiago
$187
Monthly Utilities & Internet
New Providence
–
Santiago
$182
Clothing & Footwear
New Providence
–
Santiago
$102
Getting Around
New Providence
–
Santiago
$50
Sport & Entertainment
New Providence
–
Santiago
$49

Cost Breakdown

A central one-bedroom costs $1,518 in New Providence versus $555 in Santiago. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $151 in New Providence versus $52.0 in Santiago. Monthly groceries follow the same trend: $552 vs $236 – making Santiago the more affordable choice for daily food spending.

Good to know
🇧🇸 New Providence
🇨🇱 Santiago
🕒 Local time
07:36 7:36 AM
08:36 8:36 AM
1 h ahead of New Providence
🌤 Weather
👥 Population
296,522
6,139,087 Capital
💱 Currency
Exchange rates and currency converter

CLP, USD, EUR to BSD – Bahamian Dollar Converter

Bahamian Dollar exchange rates as of October 10, 2026: 1 USD = 1 BSD (1 BSD = 1 USD). 1 EUR = 1.12 BSD (1 BSD = 0.892 EUR).

Chilean Peso exchange rates as of October 10, 2026: 1 USD = 975 CLP (1,000 CLP = 1.03 USD). 1 EUR = 1,093 CLP (10,000 CLP = 9.15 EUR).

On the map
Between locations
  • New Providence Santiago 6,560 km ≈ 9 h nonstop flight
From you
  • New Providence
  • Santiago

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
New Providence vs Santiago: Cost of Living - Frequently Asked Questions
Which city is more expensive, New Providence or Santiago?
New Providence costs about 77% more than Santiago, and outside of rent the gap comes mainly from eating out. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.
How much do you need to earn to live comfortably in New Providence and in Santiago?
For a comfortable life, plan on about $3,201 per month in New Providence and $1,809 in Santiago. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Where is rent cheaper, New Providence or Santiago?
Rent is clearly cheaper in Santiago, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
How much does it cost to live in New Providence compared to Santiago?
Monthly expenses with rent come to $2,134 in New Providence and $1,206 in Santiago. That's a gap of about 77%.
How do childcare costs compare in New Providence and in Santiago?
Kindergarten costs $1,525 per month in New Providence and $434 in Santiago. For families with young kids, this one expense can tip the scales when choosing between the two cities.
Can you live on $1,500/month in New Providence or in Santiago?
A $1,500 monthly budget goes further in Santiago, where all-in costs run around $1,206, than in New Providence at $2,134. In Santiago it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.
Which city is better for families?
Families tend to lean toward Santiago – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Should I move to New Providence or to Santiago?
If budget matters most, go with Santiago. If higher salaries, better infrastructure, or specific career opportunities are the priority, New Providence makes more sense. Both are solid long-term options with distinct trade-offs.

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