Cost of Living Comparison Between Paradise Island and New Providence Cost of Living Comparison Between Paradise Island and New Providence

Monthly Cost of Living

A single person spends $1,757 per month in Paradise Island vs $1,851 in New Providence, rent included.

A couple spends around $2,914 per month in Paradise Island vs $4,678 in New Providence, rent included.

A family of three spends $4,070 per month in Paradise Island vs $7,506 in New Providence, rent included.

Paradise Island is about 5% cheaper than New Providence, driven mainly by Clothing & Footwear.

Both Paradise Island and New Providence sit above the global median – Paradise Island by 31%, New Providence by 38%.

Meal at Budget Restaurant

$40.45 BSD 40.45

$30.44 BSD 30.44

32.88%

Three-Course Dinner for Two, Mid-Range

$150 BSD 150

$119 BSD 119

25.82%

Fast Food Meal (McDonalds, etc)

$9.97 BSD 9.97

$10.02 BSD 10.02

-0.50%

Cappuccino

$5.05 BSD 5.05

$6.30 BSD 6.30

-19.84%

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

$2.23 BSD 2.23

$4.83 BSD 4.83

-53.83%

Water (0.33 liter bottle)

$1.70 BSD 1.70

$3.48 BSD 3.48

-51.15%

Local Beer (0.5 liter draught)

$4.05 BSD 4.05

$9.45 BSD 9.45

-57.14%

Imported Beer (0.33 liter bottle)

$6.03 BSD 6.03

$4.56 BSD 4.56

32.24%

Milk (1 liter)

$4.84 BSD 4.84

$2.91 BSD 2.91

66.32%

White Bread (500g)

$3.04 BSD 3.04

$4.55 BSD 4.55

-33.19%

Rice (white) (1kg)

$6.28 BSD 6.28

$6.37 BSD 6.37

-1.41%

Eggs

$7.83 BSD 7.83

$6.69 BSD 6.69

17.04%

Local Cheese (1kg)

$8.46 BSD 8.46

$13.65 BSD 13.65

-38.02%

Chicken Fillets (1kg)

$12.22 BSD 12.22

$8.29 BSD 8.29

47.41%

Beef Round Steak (1kg)

$20.93 BSD 20.93

$13.17 BSD 13.17

58.92%

Apples (1kg)

$5.23 BSD 5.23

$2.93 BSD 2.93

78.50%

Banana (1kg)

$3.40 BSD 3.40

$4.02 BSD 4.02

-15.42%

Oranges (1kg)

$4.82 BSD 4.82

$4.59 BSD 4.59

5.01%

Tomato (1kg)

$7.02 BSD 7.02

$3.12 BSD 3.12

125.00%

Potato (1kg)

$4.96 BSD 4.96

$3.13 BSD 3.13

58.47%

Onion (1kg)

$4.42 BSD 4.42

$2.42 BSD 2.42

82.64%

Lettuce (1 head)

$3.48 BSD 3.48

$2.52 BSD 2.52

38.10%

Water (1.5 liter bottle)

$3.08 BSD 3.08

$2.44 BSD 2.44

26.23%

Cigarettes 20 Pack (Marlboro, Camel)

$13.73 BSD 13.73

$11.93 BSD 11.93

15.09%

Wine (Bottle)

$34.33 BSD 34.33

$25.06 BSD 25.06

36.99%

Local Beer (0.5 liter bottle)

$3.86 BSD 3.86

$3.33 BSD 3.33

15.92%

Imported Beer (0.33 liter bottle)

$4.29 BSD 4.29

$3.88 BSD 3.88

10.57%

One-way Ticket (Public Transport)

$1.28 BSD 1.28

Taxi Start (Normal Tariff)

$6.18 BSD 6.18

Taxi 1hour Waiting (Normal Tariff)

$100 BSD 100

$60.4 BSD 60.4

65.93%

Gasoline (1 liter)

$1.41 BSD 1.41

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

$36.8K BSD 36.8K

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

$43.0K BSD 43.0K

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

$197 BSD 197

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

$71.7 BSD 71.7

$40.18 BSD 40.18

78.35%

Internet (50+ Mbps, Unlimited Data)

$98.5 BSD 98.5

$98.8 BSD 98.8

-0.24%

Gym Membership (Monthly)

$129 BSD 129

$76.4 BSD 76.4

68.88%

Cinema Ticket

$14.77 BSD 14.77

$15.22 BSD 15.22

-2.96%

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

$712 BSD 712

International Primary School, 1 Child (Yearly)

$15.3K BSD 15.3K

Jeans (Levis 501 Or Similar)

$64.4 BSD 64.4

Summer Dress (H&M, Zara, etc)

$76.8 BSD 76.8

Sport Shoes (Adidas, Nike)

$117 BSD 117

Men's Leather Business Shoes

$129 BSD 129

1-bedroom Apartment, City Center (Monthly)

$1,476 BSD 1,476

1-bedroom Apartment, Outside City Center (Monthly)

$693 BSD 693

3-bedroom Apartment, City Center (Monthly)

$5,536 BSD 5,536

3-bedroom Apartment, Outside City Center (Monthly)

$4,543 BSD 4,543

Average Monthly Net Salary (After Tax)

$2,486 BSD 2,486

20-Year Fixed Mortgage Interest Rate (Annual %)

7.05

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

Last update for Paradise Island: April 27, 2026

Last update for New Providence: April 25, 2026

Cost Breakdown

A mid-range dinner for two costs $150 in Paradise Island versus $119 in New Providence. Monthly groceries follow the same trend: $557 vs $450 – making New Providence the more affordable choice for daily food spending.

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

Paradise Island vs New Providence: Cost of Living - Frequently Asked Questions

New Providence costs about 5% more than Paradise Island, with the gap driven mainly by Clothing & Footwear. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $2,636 per month in Paradise Island and $2,777 in New Providence. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Monthly expenses with rent come to $1,757 in Paradise Island and $1,851 in New Providence. The difference isn't just one category – it shows up across housing, food, transport, and services.

Interestingly, groceries are about 24% cheaper in New Providence – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $2,000 monthly budget goes further in Paradise Island, where all-in costs run around $1,757, than in New Providence at $1,851. In Paradise Island it covers expenses comfortably, while in New Providence it requires careful planning or may not stretch far enough.

Families tend to lean toward Paradise Island – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Paradise Island. 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.