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North America ยท Nassau

Cost of living in Bahamas, The

Bahamas, The is 3% cheaper than the US, ranking #11 of 203 countries we cover for cost of living.

World Bank data through 2024 ยท last reviewed 2026-06.

Cost of living ยท US = 100
97.2
Ranks #11 of 203 ยท 3% cheaper than the US
GDP / capita (PPP)
$41,198
GNI / capita (PPP)
$39,550
Inflation ยท YoY
0.4%
Population
401.3K
Capital
Nassau
Density
40 /kmยฒ
Urban
81%
Area
13.9K kmยฒ
Bahamas, The on the map

What your money is worth here

A $100,000 US lifestyle would cost roughly $97,000 in Bahamas, The.

Quality of life

67/100 ยท #123 of 198

Beyond cost โ€” health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).

Quality-of-life score
67 / 100
Our transparent equal-weight composite
Life expectancy
75 yrs
World Bank ยท 2024 ยท source
Safety ยท homicide /100k
32.2
UNODC ยท 2022 ยท source
Infant mortality /1k
11
World Bank ยท 2024 ยท source
Internet users
92%
ITU ยท 2024 ยท source
Air quality ยท PM2.5
19 ยตg/mยณ
WHO ยท 2020 ยท source

About Bahamas, The

Lucayan Indians inhabited the Bahama islands when Christopher COLUMBUS first set foot in the New World in 1492. British settlement of the islands began in 1647; the islands became a colony in 1783. Piracy thrived in the 17th and 18th centuries because of The Bahamas' close proximity to shipping lanes. Since gaining independence from the UK in 1973, The Bahamas has prospered through tourism, international banking, and investment management, which comprise up to 85% of GDP.

Read the full background

Because of its proximity to the US -- the nearest Bahamian landmass is only 80 km (50 mi) from Florida -- the country is a major transshipment point for illicit trafficking to the US mainland, as well as to Europe. US law enforcement agencies cooperate closely with The Bahamas; the Drug Enforcement Administration, US Coast Guard, and US Customs and Border Protection assist Bahamian authorities with maritime security and law enforcement through Operation Bahamas, Turks and Caicos, or OPBAT.

Background from the CIA World Factbook (public domain), archived 2026-06-03.

Frequently asked

Is Bahamas, The expensive to live in?

Bahamas, The is 3% cheaper than the US, ranking #11 of the 203 countries we track.

How much money do you need to live in Bahamas, The?

A lifestyle that costs $100,000 in the United States would cost roughly $97,000 in Bahamas, The, going by overall price levels. The salary translator turns your own figure into a local equivalent.

Is Bahamas, The cheaper than the United States?

Yes. Its overall price level is 97.2, against 100 for the United States.

What is the quality of life in Bahamas, The?

Bahamas, The scores 67 out of 100 on our quality-of-life index (#123 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 75 years.

Every number, sourced.

We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.

Price level index (US = 100)
Derived: nominal รท PPP GDP per capita, indexed to the US
97.2
GDP per capita (PPP)
World Bank ยท 2024 ยท source
$41,198
GNI per capita (PPP)
World Bank ยท 2024 ยท source
$39,550
Inflation (annual %)
World Bank ยท 2024 ยท source
0.4%
Population
World Bank ยท 2024 ยท source
401.3K
Population density
World Bank ยท 2023 ยท source
40 /kmยฒ
Urban population
World Bank ยท 2024 ยท source
81%
Surface area
World Bank ยท 2023 ยท source
13.9K kmยฒ

Explore more: compare countries ยท full ranking ยท North America ยท wages in Bahamas, The