Cost of living comparison

Iceland

compared to

Bahamas

Nassau vs. Reykjavik Cost of Living Summary

Nassau is 4.1% cheaper than Reykjavik.

Restaurants: pay 20.4% less in Nassau
Groceries: pay 27.4% more in Nassau
Transportation: pay 13.0% less in Nassau
Housing: pay 0.8% more in Nassau
Childcare: pay 31.4% less in Nassau
Entertainment and Sports: pay 6.2% less in Nassau
Clothing: pay 31.0% less in Nassau

The cost of groceries and housing in Nassau are more expensive than in Reykjavik. Expenses including childcare, clothing, restaurants, transportation, and entertainment and sports are lower in Nassau.

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Nassau vs. Reykjavik Cost Breakdown

If you lived in Nassau instead of Reykjavik, you would:

Display currency: USD

pay 20.4% less for restaurants

	Reykjavik	Nassau
Basic meal with drink at inexpensive restaurant	$31.06 ISK3,763	$38.75 BSD38.75	+24.8%
Fast food combo meal McDonalds, or similar	$26.97 ISK3,268	$12.00 BSD12.00	-55.5%
Bottle of Coca-Cola (11 fl. oz)	$3.31 ISK402	$3.30 BSD3.30	-0.3%
Bottle of water (11 fl. oz)	$3.11 ISK376	$2.00 BSD2.00	-35.6%
Average			-20.4%

Reykjavik vs. Nassau - Cost of restaurants

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pay 27.4% more for groceries

	Reykjavik	Nassau
Bread 1 loaf	$4.19 ISK508	$5.68 BSD5.68	+35.4%
Local cheese (8 oz)	$10.93 ISK1,324	$5.20 BSD5.20	-52.4%
Milk (1 gallon)	$7.78 ISK942	$15.22 BSD15.22	+95.7%
Eggs 1 dozen	$7.08 ISK858	$7.63 BSD7.63	+7.8%
Boneless chicken breast (1 lb)	$11.00 ISK1,333	$8.25 BSD8.25	-25.0%
Apples (1 lb)	$1.50 ISK182	$2.55 BSD2.55	+69.7%
Bananas (1 lb)	$1.27 ISK154	$1.60 BSD1.60	+26.5%
Oranges (1 lb)	$1.46 ISK177	$2.41 BSD2.41	+65.0%
Tomatoes (1 lb)	$2.93 ISK355	$4.84 BSD4.84	+65.1%
Potatoes (1 lb)	$1.78 ISK215	$1.33 BSD1.33	-24.8%
Onions (1 lb)	$0.76 ISK92	$2.43 BSD2.43	+220.9%
Average			+27.4%

Reykjavik vs. Nassau - Cost of groceries

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pay 13.0% less for transportation

	Reykjavik	Nassau
Gasoline (1 gallon)	$7.76 ISK941	$5.73 BSD5.73	-26.2%
Monthly public transit pass	$94.80 ISK11,488	$150.00 BSD150.00	+58.2%
New Volkswagen Golf 1.4 (standard edition)	$50,588.43 ISK6M	$30,000.00 BSD30,000.00	-40.7%
Taxi trip in downtown area (5 miles)	$29.26 ISK3,545	$32.00 BSD32.00	+9.4%
Average			-13.0%

Reykjavik vs. Nassau - Cost of transportation

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pay 0.8% more for housing

	Reykjavik	Nassau
Internet connection 50 mbps or faster, cable/dsl	$86.01 ISK10,422	$109.75 BSD109.75	+27.6%
1-Bedroom apartment in downtown area	$2,522.88 ISK306K	$1,490.00 BSD1,490.00	-40.9%
1-Bedroom apartment outside city center	$2,032.25 ISK246K	$2,000.00 BSD2,000.00	-1.6%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$73.44 ISK8,899	$303.97 BSD303.97	+313.9%
Average			+0.8%

Reykjavik vs. Nassau - Cost of housing

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pay 31.4% less for childcare

	Reykjavik	Nassau
Private preschool for 1 child, monthly	$1,185.23 ISK144K	$877.81 BSD877.81	-25.9%
Middle school for 1 child, two semesters	$25,853.51 ISK3M	$16,450.00 BSD16,450.00	-36.4%
Average			-31.4%

Reykjavik vs. Nassau - Cost of childcare

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pay 6.2% less for entertainment and sports

	Reykjavik	Nassau
Domestic/local beer (1 pint)	$13.89 ISK1,684	$5.00 BSD5.00	-64.0%
Cappuccino in mid-range area	$6.74 ISK817	$5.50 BSD5.50	-18.4%
Pack of cigarettes Marlboro or similar	$13.89 ISK1,684	$15.00 BSD15.00	+8.0%
Monthly membership at local gym	$100.25 ISK12,148	$196.00 BSD196.00	+95.5%
Movie ticket to theater/cinema	$19.57 ISK2,372	$20.00 BSD20.00	+2.2%
Average			-6.2%

Reykjavik vs. Nassau - Cost of entertainment and sports

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pay 31.0% less for clothing

	Reykjavik	Nassau
Regular jeans Levi's brand	$149.01 ISK18,058	$48.33 BSD48.33	-67.6%
Regular dress from H&M or similar store	$65.79 ISK7,972	$120.00 BSD120.00	+82.4%
Running shoes Nike or Adidas	$181.84 ISK22,035	$130.00 BSD130.00	-28.5%
Men's business shoes (leather)	$248.81 ISK30,151	$133.33 BSD133.33	-46.4%
Average			-31.0%

Reykjavik vs. Nassau - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

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