Cost of Living in Paradise Island - Updated Prices & Insights

Solo nomad: Estimated monthly costs are $1,489 (excluding rent), and $1,741 including rent.

Family of 3: Estimated monthly costs are $3,839 (excluding rent), and $4,102 including rent.

Meal at Budget Restaurant

$40.43 BSD 40.43

$20.22 BSD 20.22

$50.5 BSD 50.5

Three-Course Dinner for Two, Mid-Range

$151 BSD 151

$101 BSD 101

$252 BSD 252

Fast Food Meal (McDonalds, etc)

$9.89 BSD 9.89

$12.86 BSD 12.86

Cappuccino

$4.93 BSD 4.93

$3.95 BSD 3.95

$9.86 BSD 9.86

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

$2.31 BSD 2.31

$1.01 BSD 1.01

$4.03 BSD 4.03

Water (0.33 liter bottle)

$1.77 BSD 1.77

$1.01 BSD 1.01

$5.06 BSD 5.06

Local Beer (0.5 liter draught)

$3.97 BSD 3.97

$2.48 BSD 2.48

$14.88 BSD 14.88

Imported Beer (0.33 liter bottle)

$5.88 BSD 5.88

$3.43 BSD 3.43

$9.8 BSD 9.8

Milk (1 liter)

$4.84 BSD 4.84

$2.13 BSD 2.13

$8.08 BSD 8.08

White Bread (500g)

$3.02 BSD 3.02

$9.79 BSD 9.79

Rice (white) (1kg)

$6.44 BSD 6.44

$5.11 BSD 5.11

$9.03 BSD 9.03

Eggs

$7.52 BSD 7.52

$2.96 BSD 2.96

$9.46 BSD 9.46

Local Cheese (1kg)

$8.45 BSD 8.45

$3.95 BSD 3.95

$11.98 BSD 11.98

Chicken Fillets (1kg)

$11.87 BSD 11.87

$4.77 BSD 4.77

$19.52 BSD 19.52

Beef Round Steak (1kg)

$20.59 BSD 20.59

$13.22 BSD 13.22

$44.05 BSD 44.05

Apples (1kg)

$5.33 BSD 5.33

$2.03 BSD 2.03

$8.94 BSD 8.94

Banana (1kg)

$3.51 BSD 3.51

$2.22 BSD 2.22

$6.1 BSD 6.1

Oranges (1kg)

$4.77 BSD 4.77

$2.22 BSD 2.22

$7.05 BSD 7.05

Tomato (1kg)

$7.07 BSD 7.07

$2.16 BSD 2.16

$10.94 BSD 10.94

Potato (1kg)

$4.88 BSD 4.88

$1.7 BSD 1.7

$8.6 BSD 8.6

Onion (1kg)

$4.46 BSD 4.46

$2.89 BSD 2.89

$6.72 BSD 6.72

Lettuce (1 head)

$3.62 BSD 3.62

$2.02 BSD 2.02

$5.56 BSD 5.56

Water (1.5 liter bottle)

$2.96 BSD 2.96

$0.98 BSD 0.98

$4.89 BSD 4.89

Cigarettes 20 Pack (Marlboro, Camel)

$13.77 BSD 13.77

$11.06 BSD 11.06

$16.09 BSD 16.09

Wine (Bottle)

$28.49 BSD 28.49

$15.26 BSD 15.26

$40.7 BSD 40.7

Local Beer (0.5 liter bottle)

$3.95 BSD 3.95

$3.03 BSD 3.03

$5.05 BSD 5.05

Imported Beer (0.33 liter bottle)

$4.3 BSD 4.3

$2.88 BSD 2.88

$7.81 BSD 7.81

Taxi Start (Normal Tariff)

$6.03 BSD 6.03

Taxi 1hour Waiting (Normal Tariff)

$98.2 BSD 98.2

$49.08 BSD 49.08

$98.2 BSD 98.2

Gasoline (1 liter)

$1.4 BSD 1.4

$1.39 BSD 1.39

$1.54 BSD 1.54

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

$37.6K BSD 37.6K

$35.1K BSD 35.1K

$40.1K BSD 40.1K

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

$42.8K BSD 42.8K

$37.9K BSD 37.9K

$43.4K BSD 43.4K

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

$201 BSD 201

$152 BSD 152

$401 BSD 401

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

$71.7 BSD 71.7

$60.2 BSD 60.2

$71.7 BSD 71.7

Internet (50+ Mbps, Unlimited Data)

$98.5 BSD 98.5

$59.1 BSD 59.1

$133 BSD 133

Gym Membership (Monthly)

$133 BSD 133

Cinema Ticket

$14.75 BSD 14.75

$13.77 BSD 13.77

$24.59 BSD 24.59

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

$718 BSD 718

$601 BSD 601

$1,502 BSD 1,502

International Primary School, 1 Child (Yearly)

$15.3K BSD 15.3K

$14.2K BSD 14.2K

$16.3K BSD 16.3K

Jeans (Levis 501 Or Similar)

$64.7 BSD 64.7

$35.27 BSD 35.27

$80.6 BSD 80.6

Summer Dress (H&M, Zara, etc)

$75.9 BSD 75.9

$34.64 BSD 34.64

$119 BSD 119

Sport Shoes (Adidas, Nike)

$113 BSD 113

$87.7 BSD 87.7

$138 BSD 138

Men's Leather Business Shoes

$126 BSD 126

$99.5 BSD 99.5

$149 BSD 149

3-bedroom Apartment, City Center (Monthly)

$5,437 BSD 5,437

Average Monthly Net Salary (After Tax)

$2,503 BSD 2,503

20-Year Fixed Mortgage Interest Rate (Annual %)

7.05

4.15

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

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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.