Bahamas, Nassau

Country Full Name: Commonwealth of the Bahamas.

Location: The Bahamas are a chain of Caribbean islands in the North Atlantic Ocean, southeast of Florida, northeast of Cuba.

Country Climate: Tropical marine; moderated by warm waters of Gulf Stream.

Country Terrain: Long, flat coral formations with some low rounded hills.

Major Languages: English.

Major Religions: Christianity.

Population: 0.338 million (2008 est.) 0.341 million (2009 est.).

Country Economy: The economy of The Bahamas is that of a stable, developing nation heavily dependent on tourism and offshore banking.

Currency: Bahamian Dollar (BSD).

Inflation: 3.6% (2011 est.).

City: Nassau is the capital, largest city, and commercial centre of the Commonwealth of the Bahamas.

City Economy: Nassau has nearly 80 percent of the entire population of The Bahamas. The city is located on the island of New Providence, which functions much like a federal district. While there is no local government, it is governed directly as an administrative division of the national government .

The cost of living in Nassau in the Bahamas is very high compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Nassau in the Bahamas is currently ranked 98 overall out of 950 places (rank 1 is most expensive: rank 950 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are high compared to other places for items such as alcoholic beverages, alcohol at a bar, beer, locally produced spirit, whiskey, and wine (where alcohol is legally sold) as well as for tobacco products such as cigarettes. There are 357 places that are more expensive, and 592 places that are less expensive for alcohol and or tobacco.

Clothing costs are very low compared to other places for items such as clothing and footwear products, business suits, casual clothing, childrens clothing and footwear, coats and hats, evening wear, shoe repairs, and underwear. There are 783 places that are more expensive, and 166 places that are less expensive for clothing.

Communication costs are very high compared to other places for various communication costs such as home telephone rental and call charges, internet connection and service provider fees, mobile / cellular phone contract, data, and calls. There are 68 places that are more expensive, and 881 places that are less expensive for communication.

Education costs are very high compared to other places for items such as creche / pre-school fees, high school / college fees, primary school fees, and tertiary study fees. There are 23 places that are more expensive, and 926 places that are less expensive for education.

Furniture & Appliance costs are very high compared to other places for items such as furniture, household equipment and appliances, DVD player, fridge freezer, iron, kettle, toaster, microwave, light bulbs, television, vacuum cleaner, and washing machine. There are 44 places that are more expensive, and 905 places that are less expensive for furniture and appliances.

Grocery costs are high compared to other places for items such as food, non-alcoholic beverages and cleaning material items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs . There are 311 places that are more expensive, and 638 places that are less expensive for groceries.

Healthcare costs are very high compared to other places for general healthcare, medical and medical insurance, general practitioner consultation rates, hospital private ward daily rate, non-prescription medicine, and private medical insurance / medical aid contributions. There are 99 places that are more expensive, and 850 places that are less expensive for healthcare.

Household Accommodation costs are very high compared to other places for items such as housing, water, electricity, household gas, household fuels, local rates and residential taxes, mortgage, house / flat rental, household electricity consumption, household gas / fuel consumption, household water consumption, and local property rates / taxes / levies. There are 50 places that are more expensive, and 899 places that are less expensive for household accommodation.

Miscellaneous costs are very high compared to other places for items such as stationery, linen, general goods and services, domestic help, dry cleaning, linen, office supplies, newspapers and magazines, and postage stamps. There are 157 places that are more expensive, and 792 places that are less expensive for miscellaneous items.

Personal Care costs are very high compared to other places for items such as personal care products and services, cosmetics, hair care, moisturizer / sun block, nappies, pain relief tablets, toilet paper, toothpaste, and soap / shampoo / conditioner. There are 106 places that are more expensive, and 843 places that are less expensive for personal care.

Recreation and Culture costs are very high compared to other places for items such as books, camera film, cinema tickets, DVDs and CDs, sports goods, and theatre tickets. There are 70 places that are more expensive, and 879 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are low compared to other places for items such as a business dinner, dinner at a restaurant (non fast food), hotel rates, take away drinks and snacks (fast food). There are 739 places that are more expensive, and 210 places that are less expensive for restaurants, meals out and hotels.

Transport costs are very low compared to other places for items such as public transport, vehicle costs, vehicle fuel, vehicle insurance and vehicle maintenance, hire purchase / lease of vehicle, petrol / diesel, public transport service maintenance, tires, vehicle Insurance, and vehicle purchase. There are 801 places that are more expensive, and 148 places that are less expensive for transport.

Personalized cost of living indexes for Nassau in the Bahamas are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Nassau in the Bahamas is ranked as some hardship with a hardship index of 20%.

Personalized hardship index premiums for Nassau in the Bahamas are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is at at 1 January 2012. Create a personalized cost of living comparison report using the calculators:
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