Cost of Living in Paradise Island - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,606 (excluding rent), and $1,702 including rent.

Family of 3: Estimated monthly costs are $3,986 (excluding rent), and $4,061 including rent.

Meal at Budget Restaurant

$39.52 BSD 39.52

$19.76 BSD 19.76

$49.40 BSD 49.40

Three-Course Dinner for Two, Mid-Range

$152 BSD 152

$101 BSD 101

$253 BSD 253

Fast Food Meal (McDonalds, etc)

$9.95 BSD 9.95

$12.93 BSD 12.93

Cappuccino

$5.09 BSD 5.09

$4.07 BSD 4.07

$10.18 BSD 10.18

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

$2.34 BSD 2.34

$1.02 BSD 1.02

$4.08 BSD 4.08

Water (0.33 liter bottle)

$1.74 BSD 1.74

$0.99 BSD 0.99

$4.97 BSD 4.97

Local Beer (0.5 liter draught)

$4.08 BSD 4.08

$2.55 BSD 2.55

$15.30 BSD 15.30

Imported Beer (0.33 liter bottle)

$5.97 BSD 5.97

$3.48 BSD 3.48

$9.94 BSD 9.94

Milk (1 liter)

$4.90 BSD 4.90

$2.16 BSD 2.16

$8.19 BSD 8.19

White Bread (500g)

$3.07 BSD 3.07

$9.96 BSD 9.96

Rice (white) (1kg)

$6.18 BSD 6.18

$4.91 BSD 4.91

$8.67 BSD 8.67

Eggs

$7.68 BSD 7.68

$3.02 BSD 3.02

$9.66 BSD 9.66

Local Cheese (1kg)

$8.58 BSD 8.58

$4.01 BSD 4.01

$12.15 BSD 12.15

Chicken Fillets (1kg)

$12.22 BSD 12.22

$4.91 BSD 4.91

$20.09 BSD 20.09

Beef Round Steak (1kg)

$20.41 BSD 20.41

$13.10 BSD 13.10

$43.66 BSD 43.66

Apples (1kg)

$5.14 BSD 5.14

$1.96 BSD 1.96

$8.62 BSD 8.62

Banana (1kg)

$3.39 BSD 3.39

$2.14 BSD 2.14

$5.90 BSD 5.90

Oranges (1kg)

$4.80 BSD 4.80

$2.23 BSD 2.23

$7.09 BSD 7.09

Tomato (1kg)

$7.16 BSD 7.16

$2.19 BSD 2.19

$11.08 BSD 11.08

Potato (1kg)

$5.06 BSD 5.06

$1.76 BSD 1.76

$8.91 BSD 8.91

Onion (1kg)

$4.50 BSD 4.50

$2.91 BSD 2.91

$6.77 BSD 6.77

Lettuce (1 head)

$3.52 BSD 3.52

$1.97 BSD 1.97

$5.40 BSD 5.40

Water (1.5 liter bottle)

$2.95 BSD 2.95

$0.97 BSD 0.97

$4.87 BSD 4.87

Cigarettes 20 Pack (Marlboro, Camel)

$13.58 BSD 13.58

$10.91 BSD 10.91

$15.87 BSD 15.87

Wine (Bottle)

$34.75 BSD 34.75

Local Beer (0.5 liter bottle)

$3.87 BSD 3.87

$2.97 BSD 2.97

$4.95 BSD 4.95

Imported Beer (0.33 liter bottle)

$4.45 BSD 4.45

$2.99 BSD 2.99

$8.10 BSD 8.10

Taxi Start (Normal Tariff)

$6.05 BSD 6.05

Taxi 1hour Waiting (Normal Tariff)

$98.8 BSD 98.8

$49.40 BSD 49.40

$98.8 BSD 98.8

Gasoline (1 liter)

$1.44 BSD 1.44

$1.43 BSD 1.43

$1.58 BSD 1.58

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

$36.9K BSD 36.9K

$34.5K BSD 34.5K

$39.4K BSD 39.4K

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

$43.6K BSD 43.6K

$38.7K BSD 38.7K

$44.3K BSD 44.3K

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

$196 BSD 196

$149 BSD 149

$392 BSD 392

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

$71.4 BSD 71.4

$59.9 BSD 59.9

$71.4 BSD 71.4

Internet (50+ Mbps, Unlimited Data)

$98.8 BSD 98.8

$59.3 BSD 59.3

$133 BSD 133

Gym Membership (Monthly)

$129 BSD 129

Cinema Ticket

$14.99 BSD 14.99

$13.99 BSD 13.99

$24.98 BSD 24.98

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

$713 BSD 713

$597 BSD 597

$1,492 BSD 1,492

International Primary School, 1 Child (Yearly)

$15.4K BSD 15.4K

$14.3K BSD 14.3K

$16.3K BSD 16.3K

Jeans (Levis 501 Or Similar)

$63.5 BSD 63.5

$34.65 BSD 34.65

$79.2 BSD 79.2

Summer Dress (H&M, Zara, etc)

$75.3 BSD 75.3

$34.37 BSD 34.37

$118 BSD 118

Sport Shoes (Adidas, Nike)

$116 BSD 116

$90.1 BSD 90.1

$142 BSD 142

Men's Leather Business Shoes

$129 BSD 129

$101 BSD 101

$152 BSD 152

3-bedroom Apartment, City Center (Monthly)

$5,415 BSD 5,415

Average Monthly Net Salary (After Tax)

$2,461 BSD 2,461

20-Year Fixed Mortgage Interest Rate (Annual %)

7.05

4.15

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

Last update: March 3, 2026

Paradise Island Median Internet Speeds (Updated December 2025)

Mobile

Mbps

Fixed Broadband

Mbps

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

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Cost of Living in Paradise Island - Frequently Asked Questions

Overall, Cost of Living in Paradise Island tends to sit on the higher end relative to many Caribbean destinations, especially in the resort zones. Value shows up for longer stays in residential pockets outside the core, cooking at home, and choosing smaller, efficient spaces over luxury suites. You’ll notice a premium on groceries, dining out, and services near the water, but budgeting can flex with location and lifestyle. For travelers, short visits lean toward splurge moments; for expats and digital nomads, planning housing and a mix of home meals with selective experiences keeps things balanced. Tip: plan ahead and balance experiences with practical basics.

Housing options on Paradise Island run from condo rentals to resort-managed apartments, often clustered near the beach or within the hotel zone. If you want more space or a steadier routine, look for longer-term leases a short ride from the core tourism area. For Paradise Island living cost, expect higher prices in resort zones but savings if you shop at local markets and rent outside the most fashionable blocks. Food choices span hotel dining and casual Bahamian eateries to grocery stores with imported goods. Transport is straightforward: taxis, rental cars, and water taxis connect you to Nassau and beyond. Tip: use a mix of grocery runs and prepared meals to control costs.

Quality of life on Paradise Island blends beach access, safety, and a cosmopolitan rhythm, with easy access to water activities, dining, and occasional quiet pockets for everyday life. A practical budgeting approach focuses on housing outside the busiest zones, choosing self-catering where possible, and prioritizing experiences over constant dining out. Seasonality shapes crowds, service availability, and the vibe of neighborhoods – peak periods bring more options but higher costs, while quieter months can offer more space and slower pace. Neighborhood fit depends on your pace and priorities: water views and proximity to amusements suit some; quieter residential blocks suit others. Tip: test a few neighborhoods during different seasons before deciding.