Is the cost of living in Bahamas high?

"The cost of living in Bahamas is generally considered to be quite high for the average traveler. Generally, larger cities such as Nassau have the highest cost of living. Rental prices for a nice 1 bedroom apartment in Bahamas can range from $1,000 to $2,000 USD per month, while a nice 2 bedroom apartment can range from $1,500 to $3,000 USD per month. A dinner at a moderately priced restaurant in Bahamas can cost anywhere from $50 - $80 USD," wrote a member who made the move to Bahamas.

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We are a U.S. tax firm specializing in taxes for Americans living abroad. We offer expert guidance on navigating the complexities of filing overseas income, foreign asset reporting, and ensuring compliance with both U.S. and international tax regulations. Universal Tax Professionals is a team of experienced experts well-versed in the latest tax laws, including the nuances that apply to expatriates.
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"Definitely on the high end. Almost all goods are imported and there is a very large duty fee for just about everything. COL is also high as many of the safer places to live come with a larger price tag. We have seen Paradise Island 2-3 bedroom condos from $2500-$5000 a month. The same product 'across the bridge' in Nassau will run about half of that," explained one expat living in Paradise Island, Bahamas.