Cost of Living in Paradise Island - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,736 (excluding rent), and $1,741 including rent.

Family of 3: Estimated monthly costs are $4,300 (excluding rent), and $4,201 including rent.

Meal at Budget Restaurant

$40.28 BSD 40.28

$20.14 BSD 20.14

$50.4 BSD 50.4

Three-Course Dinner for Two, Mid-Range

$151 BSD 151

$101 BSD 101

$252 BSD 252

Fast Food Meal (McDonalds, etc)

$9.88 BSD 9.88

$12.84 BSD 12.84

Cappuccino

$5.11 BSD 5.11

$4.09 BSD 4.09

$10.23 BSD 10.23

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

$2.28 BSD 2.28

$1.00 BSD 1.00

$3.98 BSD 3.98

Water (0.33 liter bottle)

$1.73 BSD 1.73

$0.99 BSD 0.99

$4.95 BSD 4.95

Local Beer (0.5 liter draught)

$3.91 BSD 3.91

$2.44 BSD 2.44

$14.65 BSD 14.65

Imported Beer (0.33 liter bottle)

$5.98 BSD 5.98

$3.49 BSD 3.49

$9.97 BSD 9.97

Milk (1 liter)

$4.92 BSD 4.92

$2.17 BSD 2.17

$8.21 BSD 8.21

White Bread (500g)

$3.07 BSD 3.07

$9.96 BSD 9.96

Rice (white) (1kg)

$6.40 BSD 6.40

$5.08 BSD 5.08

$8.97 BSD 8.97

Eggs

$7.83 BSD 7.83

$3.08 BSD 3.08

$9.85 BSD 9.85

Local Cheese (1kg)

$8.73 BSD 8.73

$4.08 BSD 4.08

$12.38 BSD 12.38

Chicken Fillets (1kg)

$12.16 BSD 12.16

$4.89 BSD 4.89

$19.99 BSD 19.99

Beef Round Steak (1kg)

$20.82 BSD 20.82

$13.37 BSD 13.37

$44.54 BSD 44.54

Apples (1kg)

$5.17 BSD 5.17

$1.97 BSD 1.97

$8.66 BSD 8.66

Banana (1kg)

$3.49 BSD 3.49

$2.20 BSD 2.20

$6.06 BSD 6.06

Oranges (1kg)

$4.86 BSD 4.86

$2.26 BSD 2.26

$7.18 BSD 7.18

Tomato (1kg)

$7.00 BSD 7.00

$2.14 BSD 2.14

$10.83 BSD 10.83

Potato (1kg)

$5.16 BSD 5.16

$1.79 BSD 1.79

$9.08 BSD 9.08

Onion (1kg)

$4.45 BSD 4.45

$2.88 BSD 2.88

$6.70 BSD 6.70

Lettuce (1 head)

$3.50 BSD 3.50

$1.96 BSD 1.96

$5.37 BSD 5.37

Water (1.5 liter bottle)

$3.08 BSD 3.08

$1.02 BSD 1.02

$5.09 BSD 5.09

Cigarettes 20 Pack (Marlboro, Camel)

$13.58 BSD 13.58

$10.92 BSD 10.92

$15.88 BSD 15.88

Wine (Bottle)

$34.86 BSD 34.86

Local Beer (0.5 liter bottle)

$3.86 BSD 3.86

$2.96 BSD 2.96

$4.94 BSD 4.94

Imported Beer (0.33 liter bottle)

$4.32 BSD 4.32

$2.90 BSD 2.90

$7.86 BSD 7.86

Taxi Start (Normal Tariff)

$6.08 BSD 6.08

Taxi 1hour Waiting (Normal Tariff)

$98.6 BSD 98.6

$49.28 BSD 49.28

$98.6 BSD 98.6

Gasoline (1 liter)

$1.41 BSD 1.41

$1.40 BSD 1.40

$1.55 BSD 1.55

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

$37.1K BSD 37.1K

$34.6K BSD 34.6K

$39.5K BSD 39.5K

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

$43.7K BSD 43.7K

$38.8K BSD 38.8K

$44.4K BSD 44.4K

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

$198 BSD 198

$150 BSD 150

$396 BSD 396

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

$72.7 BSD 72.7

$61.0 BSD 61.0

$72.7 BSD 72.7

Internet (50+ Mbps, Unlimited Data)

$99.3 BSD 99.3

$59.6 BSD 59.6

$134 BSD 134

Gym Membership (Monthly)

$129 BSD 129

Cinema Ticket

$14.94 BSD 14.94

$13.94 BSD 13.94

$24.89 BSD 24.89

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

$709 BSD 709

$594 BSD 594

$1,484 BSD 1,484

International Primary School, 1 Child (Yearly)

$15.3K BSD 15.3K

$14.2K BSD 14.2K

$16.2K BSD 16.2K

Jeans (Levis 501 Or Similar)

$65.2 BSD 65.2

$35.54 BSD 35.54

$81.2 BSD 81.2

Summer Dress (H&M, Zara, etc)

$76.5 BSD 76.5

$34.90 BSD 34.90

$120 BSD 120

Sport Shoes (Adidas, Nike)

$116 BSD 116

$89.7 BSD 89.7

$141 BSD 141

Men's Leather Business Shoes

$127 BSD 127

$99.8 BSD 99.8

$150 BSD 150

3-bedroom Apartment, City Center (Monthly)

$5,551 BSD 5,551

Average Monthly Net Salary (After Tax)

$2,536 BSD 2,536

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: January 12, 2026

Paradise Island Median Internet Speeds (Updated December 2025)

Mobile

Mbps

Fixed Broadband

155

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.