Cost of living in Bahamas compared to Nigeria
Currency:
Food | + 340% | |||
---|---|---|---|---|
Food in Bahamas is 340% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
Basic lunchtime menu (including a drink) in the business district | B$25 (38,583 ₦) | 5,818 ₦ | + 563% | |
Combo meal in fast food restaurant (big mac meal or similar) | B$13 (19,245 ₦) | 3,706 ₦ | + 419% | |
500 gr (1 lb.) of boneless chicken breast | B$9 (13,630 ₦) | 3,545 ₦ | + 284% | |
1 liter (1 qt.) of whole fat milk | B$5.00 (7,572 ₦) | 1,209 ₦ | + 526% | |
12 eggs, large | B$4.10 (6,213 ₦) | 2,947 ₦ | + 111% | |
1 kg (2 lb.) of tomatoes | B$4.07 (6,171 ₦) | 1,495 ₦ | + 313% | |
500 gr (16 oz.) of local cheese | B$5.04 (7,628 ₦) | 5,933 ₦ | + 29% | |
1 kg (2 lb.) of apples | B$8 (12,115 ₦) | 3,488 ₦ | + 247% | |
1 kg (2 lb.) of potatoes | B$10 (15,129 ₦) | 2,733 ₦ | + 454% | |
0.5 l (16 oz) domestic beer in the supermarket | B$4.19 (6,339 ₦) | 904 ₦ | + 601% | |
1 bottle of red table wine, good quality | B$15 (22,716 ₦) | 9,593 ₦ | + 137% | |
2 liters of coca-cola | B$3.50 (5,300 ₦) | 1,484 ₦ | + 257% | |
Bread for 2 people for 1 day | B$3.85 (5,830 ₦) | 1,314 ₦ | + 344% | |
Housing | + 84% | |||
Housing in Bahamas is 84% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | B$2,158 (3,268,377 ₦) | 3,857,070 ₦ | - 15% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | B$2,000 (3,028,799 ₦) | 1,767,220 ₦ | + 71% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | - | 166,028 ₦ | - | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | B$3,793 (5,743,465 ₦) | 1,034,070 ₦ | + 455% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | B$1,200 (1,817,279 ₦) | 722,196 ₦ | + 152% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | B$219 (332,283 ₦) | 457,154 ₦ | - 27% | |
Internet 8 mbps (1 month) | B$49 (74,428 ₦) | 28,284 ₦ | + 163% | |
40” flat screen tv | B$716 (1,084,095 ₦) | 338,302 ₦ | + 220% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | B$256 (387,008 ₦) | 143,301 ₦ | + 170% | |
Laundry detergent (3 l. ~ 100 oz.) | B$11 (16,495 ₦) | 2,193 ₦ | + 652% | |
Hourly rate for cleaning help | B$15 (22,716 ₦) | 2,985 ₦ | + 661% | |
Clothes | + 555% | |||
Clothes in Bahamas is 555% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
1 pair of jeans (levis 501 or similar) | B$100 (151,440 ₦) | 17,024 ₦ | + 790% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | B$74 (111,584 ₦) | 15,682 ₦ | + 612% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | B$150 (227,160 ₦) | 45,968 ₦ | + 394% | |
1 pair of men’s leather business shoes | B$110 (166,616 ₦) | 50,000 ₦ | + 233% | |
Transportation | + 74% | |||
Transportation in Bahamas is 74% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | 5,000,000 ₦ | - | |
1 liter (1/4 gallon) of gas | B$1.56 (2,363 ₦) | 1,032 ₦ | + 129% | |
Monthly ticket public transport | B$56 (85,140 ₦) | 34,491 ₦ | + 147% | |
Personal Care | + 583% | |||
Personal Care in Bahamas is 583% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | B$5.71 (8,643 ₦) | 4,044 ₦ | + 114% | |
1 box of antibiotics (12 doses) | B$23 (35,576 ₦) | 1,768 ₦ | + 1912% | |
Short visit to private doctor (15 minutes) | B$114 (173,226 ₦) | 17,619 ₦ | + 883% | |
1 box of 32 tampons (tampax, ob, ...) | B$8 (11,803 ₦) | 4,474 ₦ | + 164% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | B$10 (15,144 ₦) | 2,020 ₦ | + 650% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | B$14 (21,202 ₦) | 2,599 ₦ | + 716% | |
4 rolls of toilet paper | B$6.00 (9,086 ₦) | 2,923 ₦ | + 211% | |
Tube of toothpaste | B$8 (12,115 ₦) | 1,072 ₦ | + 1030% | |
Standard men's haircut in expat area of the city | B$20 (30,288 ₦) | 2,392 ₦ | + 1166% | |
Entertainment | + 344% | |||
Entertainment in Bahamas is 344% more expensive than in Nigeria | ||||
Bahamas | Nigeria | Diff | ||
Basic dinner out for two in neighborhood pub | B$92 (139,222 ₦) | 35,140 ₦ | + 296% | |
2 tickets to the movies | B$60 (90,864 ₦) | 7,974 ₦ | + 1040% | |
2 tickets to the theater (best available seats) | B$43 (65,422 ₦) | 13,705 ₦ | + 377% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | B$150 (227,160 ₦) | 38,437 ₦ | + 491% | |
1 cocktail drink in downtown club | B$24 (36,931 ₦) | 5,484 ₦ | + 573% | |
Cappuccino in expat area of the city | B$4.88 (7,393 ₦) | 3,331 ₦ | + 122% | |
1 beer in neighbourhood pub (500ml or 1pt.) | B$7 (10,415 ₦) | 1,412 ₦ | + 638% | |
Ipad wi-fi 128gb | B$1,200 (1,817,279 ₦) | 298,218 ₦ | + 509% | |
1 min. of prepaid mobile tariff (no discounts or plans) | B$0.73 (1,105 ₦) | - | - | |
1 month of gym membership in business district | B$113 (170,518 ₦) | 13,295 ₦ | + 1183% | |
1 package of marlboro cigarettes | B$12 (18,014 ₦) | 2,500 ₦ | + 621% | |
TOTAL | + 164% |

These prices were last updated on February 14, 2025.
Exchange rate:
1514.399
NGN
/
BSD
*
Cost of living in Bahamas is 164% more expensive than in Nigeria
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