Nassau, Bahamas

Editor

Editor

March 12, 2023

The Bahamas is an ideal destination for digital nomads looking for a change of scenery. With its stunning beaches, vibrant culture, and low cost of living, Nassau is the perfect place to work remotely. According to the World Bank, the Bahamas has the highest GDP per capita in the Caribbean, making it an attractive destination for digital nomads. The country also boasts a high quality of life, with a Human Development Index score of 0.817, placing it in the “very high” category. Additionally, the Bahamas is a safe and secure place to live, with a crime rate that is lower than the United States.Nassau is a great place to work remotely, with a variety of coworking spaces and cafes offering free Wi-Fi. The city also has a thriving tech scene, with a number of tech startups and incubators. The cost of living in Nassau is relatively low, with rent prices that are much lower than in other major cities. Additionally, the Bahamas has a favorable tax system, with no income tax or capital gains tax.The Bahamas is a great place to explore, with a variety of activities and attractions. From snorkeling and diving to exploring the vibrant nightlife, there is something for everyone. The country is also home to a number of beautiful beaches, making it the perfect place to relax and unwind.Overall, Nassau is an ideal destination for digital nomads looking for a change of scenery. With its stunning beaches, vibrant culture, and low cost of living, Nassau is the perfect place to work remotely.

Living in Nassau, Bahamas: Overview

Overall score | Worksplorer index

  • 61%

    Quality of life
  • 71%

    Cost of living
  • 52%

    Connectivity
  • 86%

    Weather

51

General

CurrencyBSD
Population (in millions)0.3
Quality of life (world rank from 1 to 200)78
Cost of living compared to Chicago, USA10% more expensive
Best neighborhood to stayCable Beach, Nassau
Culture

Number of museums and galleries30
Top selling local beerKalik
Most popular local dishConch
Travel

Most popular tourist attraction(s)Atlantis Paradise Island, Ardastra Gardens, Fort Charlotte
Discount airlineSouthwest
Major airlineBahamasair
Largest ride sharing companyLyft
Primary train stationsNassau Central Station, Freeport Station, and Baldwin Station
Primary airportsNassau International Airport, Grand Bahama International Airport, Leonard M. Thompson International Airport
Best rental car companyHertz
Used car costs15000 USD
Connectivity

Apple store addresses The Apple Store is located at Roosevelt Field Mall, 630 Old Country Rd, Garden City, NY 11530
Internet connection (in Mbps)100 Mbps
Power socket typeA, B, G
Supply voltage 120V
Best electronics storeBestBuy
Best internet carrierCablevision
Primary cellular carrierVerizon
Average monthly cost for internet$60.00
Shopping

The best drug storeWalgreens
Best restaurant chainOlive Garden
The best grocery storeStop & Shop
The most popular fashion brandGucci
Regulatory

GDP per capita$50,845 / year
Average annual income$73500
Sales tax rate7.25%
Income tax rate0%
Tourist visa valid (in days)30
Financial

Average mortgage rate4.25%
Suggested ATM take out100 BSD
Bank that has the most ATM machinesScotiabank
Average tip in restaurant15%
Pay using credit or debit cardNot very common
Health

Emergency Phone Numbers911 (general), 516-573-7000 (police), 516-572-0123 (ambulance), 516-572-
Polution per square meter1,845
Health quality rank (according to WHO) 11
Main religionProtestant
Quality of life

61%

  • 35%

    Safety, freedom, rights
  • 99%

    Traffic
  • 39%

    Property to income
  • 65%

    Crime
  • 41%

    Healthcare
  • 86%

    Weather
Salaries

Average Monthly Net Salary (After Tax)$1,732
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.75%
Childcare

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$521
International Primary School, Yearly for 1 Child$13,786
Cost of living

71%

  • Purchasing Power

    42%

     

     

  • Rent

    43%

     

     

  • Food

    82%

     

     

  • Restaurant

    95%

     

     

  • Workspace

    60%

     

     

  • Transport

    29%

     

     

Rent

Apartment (1 bedroom) in City Centre Per Month$983.33
Apartment (1 bedroom) Outside of Centre Per Month$1,062.50
Apartment (3 bedrooms) in City Centre Per Month$2,441.75
Apartment (3 bedrooms) Outside of Centre Per Month$2,944.44
Tennis Court Rent (1 Hour on Weekend), Sports And Leisure$60.00
Food

Milk (regular), (1 liter)$5.50
Loaf of Fresh White Bread (500g)$5.21
Eggs (regular) (12)$5.11
Local Cheese (1kg)$8.07
Water (1.5 liter bottle)$2.03
Bottle of Wine (Mid-Range)$16.00
Domestic Beer (0.5 liter bottle)$3.42
Imported Beer (0.33 liter bottle)$5.00
Cigarettes 20 Pack (Marlboro)$10.50
Chicken Fillets (1kg)$10.02
Apples (1kg)$5.02
Oranges (1kg)$4.29
Potato (1kg)$5.02
Lettuce (1 head)$2.59
Rice (white), (1kg)$5.23
Tomato (1kg)$4.57
Banana (1kg)$2.67
Onion (1kg)$3.64
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$13.56
Restaurants

Meal, Inexpensive Restaurant$25.00
Meal for 2 People, Mid-range Restaurant, Three-course$100.00
McMeal at McDonalds (or Equivalent Combo Meal)$8.00
Domestic Beer (0.5 liter draught)$3.75
Imported Beer (0.33 liter bottle)$7.00
Coke/Pepsi (0.33 liter bottle)$2.47
Water (0.33 liter bottle) $2.44
Cappuccino (regular)$5.22
Connectivity

94%

Infrastructure

89/100

Internet speed

92/100

Internet cost

95/100

Pre-paid plan

98/100

Utilities (Monthly)

Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$265.75
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)$0.40
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$93.43
Sports

Fitness Club, Monthly Fee for 1 Adult$117.62
Tennis Court Rent (1 Hour on Weekend)$60.00
Cinema, International Release, 1 Seat$18.00
Transportation

One-way Ticket (Local Transport)$1.25
Monthly Pass (Regular Price)$50.00
Gasoline (1 liter)$1.65
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$37,500.00
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$42,875.00
Taxi Start (Normal Tariff)$5.00
Taxi 1km (Normal Tariff)$3.11
Taxi 1hour Waiting (Normal Tariff)$100.00