Cost of Living: Bahamas vs Singapore

Detailed comparison of living costs and expenses between Bahamas and Singapore.

Data updated: October 2026

Quick Comparison Summary

In simple terms, living in Bahamas is 38.1% cheaper than Singapore. The biggest difference is in Mobile and Internet, where costs are 185.8% higher. This means that for every $100 you spend in Singapore, you would spend about $62 in Bahamas for the same standard of living.

Key Differences

Property Prices 80.8%

Bahamas is 80.8% cheaper

Transportation 71.5%

Bahamas is 71.5% cheaper

Childcare 52.4%

Bahamas is 52.4% cheaper

Cost of Living Index

Overall Difference 38.1%

Bahamas is 38.1% cheaper than Singapore

Most Expensive Categories

  • Mobile and Internet +185.8%
  • Restaurants +82.4%
  • Household Utilities +59.1%

Is Bahamas cheaper than Singapore?

Yes, Bahamas is cheaper than Singapore

Overall, living costs in Bahamas are 38.1% lower than in Singapore.

Where Bahamas is cheaper:

  • Property Prices 80.8% cheaper
  • Transportation 71.5% cheaper
  • Childcare 52.4% cheaper

Where Bahamas is more expensive:

  • Mobile and Internet 185.8% more expensive
  • Restaurants 82.4% more expensive
  • Household Utilities 59.1% more expensive

Practical Examples

Basic restaurant meal

Bahamas: 30.00 $ Singapore: 10.90 $
175.2% more expensive in Bahamas

1-bedroom apartment in city center

Bahamas: 1,318.75 $ Singapore: 3,140.74 $
58.0% cheaper in Bahamas

Monthly public transport pass

Bahamas: 45.00 $ Singapore: 93.46 $
51.9% cheaper in Bahamas

1 liter of milk

Bahamas: 4.23 $ Singapore: 3.01 $
40.5% more expensive in Bahamas

Summary

Based on comprehensive cost of living data, Bahamas is indeed cheaper than Singapore. You would save approximately 38.1% on living expenses by choosing Bahamas over Singapore. This includes all major expense categories such as housing, food, transportation, and utilities.

Overall Cost of Living Comparison

38.1%

Bahamas is 38.1% cheaper than Singapore

Restaurants

82.4%

Bahamas is 82.4% more expensive than Singapore in this category

Markets

21.4%

Bahamas is 21.4% cheaper than Singapore in this category

Other Expenses

8.0%

Bahamas is 8.0% cheaper than Singapore in this category

Transportation

71.5%

Bahamas is 71.5% cheaper than Singapore in this category

Household Utilities

59.1%

Bahamas is 59.1% more expensive than Singapore in this category

Mobile and Internet

185.8%

Bahamas is 185.8% more expensive than Singapore in this category

Sports And Leisure

39.7%

Bahamas is 39.7% more expensive than Singapore in this category

Childcare

52.4%

Bahamas is 52.4% cheaper than Singapore in this category

Clothing And Shoes

5.0%

Bahamas is 5.0% cheaper than Singapore in this category

Rent Per Month

37.4%

Bahamas is 37.4% cheaper than Singapore in this category

Property Prices

80.8%

Bahamas is 80.8% cheaper than Singapore in this category

Salaries And Financing

45.7%

Bahamas is 45.7% cheaper than Singapore in this category

Detailed Cost Comparison

Item Bahamas Singapore Difference
Basic Restaurant Meal 30.00 $ 10.90 $ 175.2%
Bahamas is 175.2% more expensive
Three-Course Dinner for Two in Mid Range Restaurant 130.00 $ 77.88 $ 66.9%
Bahamas is 66.9% more expensive
McDonald's Fast Food Combo Meal 11.50 $ 7.79 $ 47.6%
Bahamas is 47.6% more expensive
Regular Cappuccino 5.50 $ 4.88 $ 12.7%
Bahamas is 12.7% more expensive
Soft Drink (330ml) 2.61 $ 1.68 $ 55.4%
Bahamas is 55.4% more expensive
Bottled Water (330ml) 2.02 $ 1.22 $ 65.6%
Bahamas is 65.6% more expensive
Bottled Water (1.5L) 2.55 $ 1.52 $ 67.8%
Bahamas is 67.8% more expensive
Local Beer (500ml) 7.96 $ 2.00 $ 298.0%
Bahamas is 298.0% more expensive
Imported Beer (330ml) 4.44 $ 2.49 $ 78.3%
Bahamas is 78.3% more expensive
Mid-Range Wine 23.87 $ 10.00 $ 138.7%
Bahamas is 138.7% more expensive
Local Beer (500ml bottle) 3.10 $ 2.21 $ 40.3%
Bahamas is 40.3% more expensive
Milk (1L) 4.23 $ 3.01 $ 40.5%
Bahamas is 40.5% more expensive
Fresh Bread (500g) 4.91 $ 2.35 $ 108.9%
Bahamas is 108.9% more expensive
White Rice (1kg) 5.85 $ 2.92 $ 100.3%
Bahamas is 100.3% more expensive
Eggs (12 pack) 7.80 $ 3.35 $ 132.8%
Bahamas is 132.8% more expensive
Local Cheese (1kg) 9.41 $ 19.37 $ 51.4%
Bahamas is 51.4% cheaper
Chicken Breast (1kg) 10.36 $ 11.15 $ 7.1%
Bahamas is 7.1% cheaper
Beef (1kg) 17.95 $ 15.21 $ 18.0%
Bahamas is 18.0% more expensive
Apples (1kg) 4.77 $ 4.57 $ 4.4%
Bahamas is 4.4% more expensive
Bananas (1kg) 3.28 $ 2.97 $ 10.4%
Bahamas is 10.4% more expensive
Oranges (1kg) 4.70 $ 4.51 $ 4.2%
Bahamas is 4.2% more expensive
Tomatoes (1kg) 6.71 $ 2.71 $ 147.6%
Bahamas is 147.6% more expensive
Potatoes (1kg) 3.70 $ 2.39 $ 54.8%
Bahamas is 54.8% more expensive
Onions (1kg) 3.47 $ 2.20 $ 57.7%
Bahamas is 57.7% more expensive
Lettuce (1 head) 3.07 $ 1.86 $ 65.1%
Bahamas is 65.1% more expensive
Monthly Transit Pass 45.00 $ 93.46 $ 51.9%
Bahamas is 51.9% cheaper
Cigarettes (20 pack) 12.00 $ 13.05 $ 8.0%
Bahamas is 8.0% cheaper
Single Bus/Train Ticket 1.38 $ 1.56 $ 11.5%
Bahamas is 11.5% cheaper
Taxi Base Fare 4.50 $ 3.58 $ 25.7%
Bahamas is 25.7% more expensive
Taxi per Kilometer 3.11 $ 0.78 $ 298.7%
Bahamas is 298.7% more expensive
Taxi Waiting Hourly Rate 100.00 $ 16.28 $ 514.3%
Bahamas is 514.3% more expensive
Gasoline (1L) 1.46 $ 2.22 $ 34.2%
Bahamas is 34.2% cheaper
New Economy Car 37,500.00 $ 140,192.38 $ 73.3%
Bahamas is 73.3% cheaper
New Mid-Range Car 39,125.00 $ 128,887.54 $ 69.6%
Bahamas is 69.6% cheaper
Monthly Utilities (80m² size) 251.67 $ 158.22 $ 59.1%
Bahamas is 59.1% more expensive
10 GB Mobile Plan with Data 65.27 $ 18.54 $ 252.0%
Bahamas is 252.0% more expensive
High-Speed Internet (> 60 Mbps) 96.17 $ 37.95 $ 153.4%
Bahamas is 153.4% more expensive
Gym Membership 117.10 $ 115.77 $ 1.1%
Bahamas is 1.1% more expensive
Tennis Court (Weekend) 60.00 $ 12.22 $ 391.0%
Bahamas is 391.0% more expensive
Movie Ticket 18.00 $ 11.68 $ 54.1%
Bahamas is 54.1% more expensive
Private Preschool (Full Day) 602.78 $ 1,272.43 $ 52.6%
Bahamas is 52.6% cheaper
International School (Yearly) 14,187.50 $ 29,780.50 $ 52.4%
Bahamas is 52.4% cheaper
1 Pair of Jeans 60.00 $ 80.91 $ 25.8%
Bahamas is 25.8% cheaper
1 Summer Dress 48.75 $ 42.93 $ 13.6%
Bahamas is 13.6% more expensive
1 Pair of Running Shoes 113.33 $ 105.33 $ 7.6%
Bahamas is 7.6% more expensive
1 Pair of Business Shoes 115.56 $ 126.28 $ 8.5%
Bahamas is 8.5% cheaper
1-Bedroom Apartment (City Center) 1,318.75 $ 3,140.74 $ 58.0%
Bahamas is 58.0% cheaper
1-Bedroom Apartment (Suburbs) 1,300.00 $ 2,267.71 $ 42.7%
Bahamas is 42.7% cheaper
3-Bedroom Apartment (City Center) 3,585.71 $ 6,205.41 $ 42.2%
Bahamas is 42.2% cheaper
3-Bedroom Apartment (Suburbs) 3,400.00 $ 3,723.55 $ 8.7%
Bahamas is 8.7% cheaper
Apartment Price (City Center) per m² 4,190.98 $ 22,697.92 $ 81.5%
Bahamas is 81.5% cheaper
Apartment Price (Suburbs) per m² 3,059.20 $ 15,076.91 $ 79.7%
Bahamas is 79.7% cheaper
Average Monthly Salary (after tax) 2,246.67 $ 4,151.48 $ 45.9%
Bahamas is 45.9% cheaper
20-Year Fixed Mortgage Rate 9.04 3.17 185.2%
Bahamas is 185.2% more expensive

Cost of Living Calculator

Calculate how your current expenses would change if you moved to Singapore. Enter your monthly expenses in Bahamas to see the equivalent costs.

Housing

Food & Dining

Transportation

Other Expenses

Our Methodology

Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:

Data Collection

  • Regular price surveys conducted in major cities
  • Official government statistics and economic indicators
  • User-contributed data from expatriates and local residents
  • Real estate market reports and rental price indices
  • Consumer price indices and inflation data

Calculation Methods

  • Prices are normalized to USD for consistent comparison
  • Exchange rates are updated monthly
  • Regional price variations are weighted by population
  • Seasonal fluctuations are accounted for in the averages
  • Quality of life factors are considered in the overall assessment

Quality Assurance

  • Data is verified by local experts
  • Regular cross-checking with multiple sources
  • User feedback is incorporated into updates
  • Statistical outliers are identified and reviewed
  • Methodology is reviewed quarterly

Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.

Lifestyle Impact

Understanding the cost of living differences between Bahamas and Singapore goes beyond just numbers. Here's how these differences might affect your daily life:

Daily Living

  • Grocery shopping habits and meal planning
  • Public transportation usage vs. car ownership
  • Frequency of dining out and entertainment
  • Healthcare access and insurance coverage
  • Housing choices and neighborhood selection

Long-term Planning

  • Savings and investment strategies
  • Retirement planning considerations
  • Education costs for children
  • Property ownership opportunities
  • Business and career development

Quality of Life Considerations

While cost of living is important, it's just one aspect of quality of life. Consider also:

  • Healthcare system quality and accessibility
  • Education system standards
  • Public safety and security
  • Environmental quality
  • Cultural and recreational opportunities
  • Work-life balance norms

Making the Most of Your Budget

Tips for adapting to cost of living differences:

  • Research local shopping habits and markets
  • Learn about public transportation options
  • Understand local tax systems and benefits
  • Explore community resources and discounts
  • Network with locals for insider tips

Local Insights for Bahamas vs Singapore

While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.

Cultural Cost Differences

Bahamas

  • Basic groceries tend to be more expensive, suggesting different shopping patterns.

Singapore

  • Lower fuel costs indicate different transportation infrastructure.

Seasonal Cost Variations

Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.

Explore more

Cost of living in Bahamas Cost of living in Singapore

Related comparisons