Cost of living comparison

Bahamas

compared to

South Korea

South Korea vs. Bahamas Cost of Living Summary

South Korea is 20.5% cheaper than Bahamas overall.

Restaurants: pay 59.9% less in South Korea
Groceries: pay 0.4% more in South Korea
Transportation: pay 28.9% less in South Korea
Housing: pay 67.6% less in South Korea
Childcare: pay 69.8% more in South Korea
Entertainment and Sports: pay 45.9% less in South Korea
Clothing: pay 11.1% less in South Korea

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

South Korea vs. Bahamas Cost Breakdown

If you lived in South Korea instead of Bahamas, you would:

Display currency: USD

pay 59.9% less for restaurants

	Bahamas	South Korea
Basic meal with drink at inexpensive restaurant	$30.33 BSD30.33	$6.16 ₩9,057	-79.7%
Fast food combo meal McDonalds, or similar	$10.58 BSD10.58	$5.24 ₩7,703	-50.5%
Bottle of Coca-Cola (11 fl. oz)	$2.73 BSD2.73	$1.47 ₩2,164	-46.0%
Bottle of water (11 fl. oz)	$2.15 BSD2.15	$0.79 ₩1,164	-63.2%
Average			-59.9%

Bahamas vs. South Korea - Cost of restaurants

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pay 0.4% more for groceries

	Bahamas	South Korea
Bread 1 loaf	$4.38 BSD4.38	$3.08 ₩4,524	-29.8%
Local cheese (8 oz)	$4.32 BSD4.32	$5.40 ₩7,947	+25.1%
Milk (1 gallon)	$14.05 BSD14.05	$7.46 ₩10,967	-46.9%
Eggs 1 dozen	$5.32 BSD5.32	$2.76 ₩4,055	-48.2%
Boneless chicken breast (1 lb)	$4.62 BSD4.62	$3.32 ₩4,883	-28.1%
Apples (1 lb)	$1.74 BSD1.74	$3.17 ₩4,658	+82.2%
Bananas (1 lb)	$1.44 BSD1.44	$1.49 ₩2,189	+3.5%
Oranges (1 lb)	$1.73 BSD1.73	$2.53 ₩3,722	+46.7%
Tomatoes (1 lb)	$2.10 BSD2.10	$2.41 ₩3,550	+15.0%
Potatoes (1 lb)	$1.89 BSD1.89	$1.82 ₩2,683	-3.4%
Onions (1 lb)	$1.37 BSD1.37	$1.21 ₩1,779	-11.5%
Average			+0.4%

Bahamas vs. South Korea - Cost of groceries

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pay 28.9% less for transportation

	Bahamas	South Korea
Gasoline (1 gallon)	$5.16 BSD5.16	$4.39 ₩6,459	-14.8%
Monthly public transit pass	$45.00 BSD45.00	$45.32 ₩66,633	+0.7%
New Volkswagen Golf 1.4 (standard edition)	$37,500.00 BSD37,500.00	$27,023.07 ₩39,734,716	-27.9%
Taxi trip in downtown area (5 miles)	$30.85 BSD30.85	$8.17 ₩12,016	-73.5%
Average			-28.9%

Bahamas vs. South Korea - Cost of transportation

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pay 67.6% less for housing

	Bahamas	South Korea
Internet connection 50 mbps or faster, cable/dsl	$73.43 BSD73.43	$17.65 ₩25,959	-76.0%
1-Bedroom apartment in downtown area	$1,522.92 BSD1,522.92	$426.93 ₩627,760	-72.0%
1-Bedroom apartment outside city center	$1,550.00 BSD1,550.00	$328.41 ₩482,899	-78.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$197.45 BSD197.45	$111.42 ₩163,836	-43.6%
Average			-67.6%

Bahamas vs. South Korea - Cost of housing

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pay 69.8% more for childcare

	Bahamas	South Korea
Private preschool for 1 child, monthly	$453.33 BSD453.33	$373.40 ₩549,048	-17.6%
Middle school for 1 child, two semesters	$8,905.56 BSD8,905.56	$22,907.58 ₩33,683,299	+157.2%
Average			+69.8%

Bahamas vs. South Korea - Cost of childcare

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pay 45.9% less for entertainment and sports

	Bahamas	South Korea
Domestic/local beer (1 pint)	$4.33 BSD4.33	$3.09 ₩4,549	-28.6%
Cappuccino in mid-range area	$6.02 BSD6.02	$3.39 ₩4,984	-43.7%
Pack of cigarettes Marlboro or similar	$10.66 BSD10.66	$3.21 ₩4,726	-69.9%
Monthly membership at local gym	$80.69 BSD80.69	$45.71 ₩67,214	-43.3%
Movie ticket to theater/cinema	$18.00 BSD18.00	$10.10 ₩14,849	-43.9%
Average			-45.9%

Bahamas vs. South Korea - Cost of entertainment and sports

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pay 11.1% less for clothing

	Bahamas	South Korea
Regular jeans Levi's brand	$57.50 BSD57.50	$60.70 ₩89,260	+5.6%
Regular dress from H&M or similar store	$50.83 BSD50.83	$44.52 ₩65,466	-12.4%
Running shoes Nike or Adidas	$106.00 BSD106.00	$72.99 ₩107,328	-31.1%
Men's business shoes (leather)	$100.00 BSD100.00	$93.73 ₩137,821	-6.3%
Average			-11.1%

Bahamas vs. South Korea - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: April 2025

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