Published: Monday, 21th October 2024
The cost of living in Mexico is 3.01 times less expensive as compared to Bahamas.
On this page, you will find side-by-side cost comparison between Mexico and Bahamas. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Mexico and Bahamas.
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Indicators | Mexico | Bahamas |
---|---|---|
1 BHK Apartment in City Center | 15,000 MXN (840 USD) | 1,500 BSD (1,500 USD) |
2 BHK Apartment in City Center | 25,000 MXN (1,400 USD) | 2,200 BSD (2,200 USD) |
3 BHK Apartment in City Center | 35,000 MXN (1,960 USD) | 3,000 BSD (3,000 USD) |
1 BHK Apartment outside City Center | 8,000 MXN (448 USD) | 1,000 BSD (1,000 USD) |
2 BHK Apartment outside City Center | 12,000 MXN (672 USD) | 1,500 BSD (1,500 USD) |
3 BHK Apartment outside City Center | 16,000 MXN (896 USD) | 2,000 BSD (2,000 USD) |
Mortgage Rates Per Month | 2.5 % | 5 % |
Realtor Commission | 5 % | 3 % |
Property Taxes | 0.1 to 1.2 % | 0.75 to 2 % |
The average housing cost in Mexico is 1.74 times less expensive than Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Basic Home Furnishing | 20,000 MXN (1,120 USD) | 3,000 BSD (3,000 USD) |
Electricity Cost Per Month | 800 MXN (44.80 USD) | 200 BSD (200 USD) |
Heating Cost Per Month | 500 MXN (28 USD) | 50 BSD (50 USD) |
Cooling Cost Per Month | 400 MXN (22.40 USD) | 100 BSD (100 USD) |
Water Supply Cost Per Month | 400 MXN (22.40 USD) | 50 BSD (50 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 63.60% less for Utilities.
The basic home furnishing in Mexico costs 2.68 times less compared to Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Standard Wifi Cost Per Month | 600 MXN (33.60 USD) | 70 BSD (70 USD) |
Mobile Phone Basic Plan Cost Per Month | 300 MXN (16.80 USD) | 30 BSD (30 USD) |
Landline Basic Plan Cost Per Month | 200 MXN (11.20 USD) | 20 BSD (20 USD) |
Cable TV Basic Plan Cost Per Month | 500 MXN (28 USD) | 40 BSD (40 USD) |
The internet and communication costs 44.00% less in Mexico compared to Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Long Grain Rice (1 KG) | 30 MXN (1.68 USD) | 4 BSD (4 USD) |
Milk (1 Liter) | 20 MXN (1.12 USD) | 2.50 BSD (2.50 USD) |
Water (1 Liter) | 10 MXN (0.56 USD) | 1.50 BSD (1.50 USD) |
Bread (500 gm) | 25 MXN (1.40 USD) | 3 BSD (3 USD) |
Eggs (1 Dozen) | 35 MXN (1.96 USD) | 3.50 BSD (3.50 USD) |
Cheese (1 KG) | 100 MXN (5.60 USD) | 12 BSD (12 USD) |
Chicken Breast (1 KG) | 80 MXN (4.48 USD) | 10 BSD (10 USD) |
In Mexico, the cost of 1 Liter Water and 1 Liter Milk is 2.38 times less expensive than the cost in Bahamas.
If you lived in Mexico, instead of Bahamas, you would have to pay 53.97% less for Groceries.
Indicators | Mexico | Bahamas |
---|---|---|
Apples (1 KG) | 35 MXN (1.96 USD) | 5 BSD (5 USD) |
Bananas (1 KG) | 20 MXN (1.12 USD) | 3 BSD (3 USD) |
Oranges (1 KG) | 25 MXN (1.40 USD) | 4 BSD (4 USD) |
Tomatoes (1 KG) | 30 MXN (1.68 USD) | 4 BSD (4 USD) |
Potatoes (1 KG) | 20 MXN (1.12 USD) | 3 BSD (3 USD) |
Lemons (1 KG) | 35 MXN (1.96 USD) | 5 BSD (5 USD) |
Onions (1 KG) | 20 MXN (1.12 USD) | 2.50 BSD (2.50 USD) |
Lentils (1 KG) | 40 MXN (2.24 USD) | 6 BSD (6 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 2.58 times less for Fruits and Vegetables.
Indicators | Mexico | Bahamas |
---|---|---|
Meal at a Resonable Restaurant | 150 MXN (8.40 USD) | 15 BSD (15 USD) |
Three-Course Meal for Two | 600 MXN (33.60 USD) | 75 BSD (75 USD) |
Fast Food Combo Meal | 80 MXN (4.48 USD) | 10 BSD (10 USD) |
Normal Coffee | 30 MXN (1.68 USD) | 4 BSD (4 USD) |
Soft Drink | 15 MXN (0.84 USD) | 2 BSD (2 USD) |
Pizza for One | 150 MXN (8.40 USD) | 18 BSD (18 USD) |
Take-Out Delivery Meal | 150 MXN (8.40 USD) | 25 BSD (25 USD) |
Cigarette Pack of 20 | 60 MXN (3.36 USD) | 7 BSD (7 USD) |
Dining-Out costs 55.67% less in Mexico compared to Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Wine Mid-Range Bottle | 200 MXN (11.20 USD) | 15 BSD (15 USD) |
Glass of Wine | 80 MXN (4.48 USD) | 8 BSD (8 USD) |
Domestic Beer Half Liter | 20 MXN (1.12 USD) | 2 BSD (2 USD) |
Imported Beer Half Liter | 35 MXN (1.96 USD) | 4 BSD (4 USD) |
Domestic Alcohol 1 Liter | 200 MXN (11.20 USD) | 20 BSD (20 USD) |
Branded Alcohol 1 Liter | 400 MXN (22.40 USD) | 40 BSD (40 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 1.70 times less for usual hard drinks.
Indicators | Mexico | Bahamas |
---|---|---|
Monthly Public Transportation Pass | 800 MXN (44.80 USD) | 60 BSD (60 USD) |
Single Public Transportation Ticket | 10 MXN (0.56 USD) | 2 BSD (2 USD) |
Single Train Ticket | Yet to Update () | 3 BSD (3 USD) |
Domestic Airplane Ticket | 2,000 MXN (112 USD) | 200 BSD (200 USD) |
Taxi Start Fare | 30 MXN (1.68 USD) | 5 BSD (5 USD) |
Taxi Rate Per Kilometer | 8 MXN (0.45 USD) | 2 BSD (2 USD) |
Car Rental Per Day | 600 MXN (33.60 USD) | 70 BSD (70 USD) |
Parking Fees in City Center Per Hour | 20 MXN (1.12 USD) | 5 BSD (5 USD) |
Parking Fees outside City Center Per Hour | 10 MXN (0.56 USD) | 3 BSD (3 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 1.80 times less for transportation.
Indicators | Mexico | Bahamas |
---|---|---|
Reasonable Vehicle Purchase Cost | 250,000 MXN (14,000 USD) | 30,000 BSD (30,000 USD) |
Vehicle Registration Cost | 2,000 MXN (112 USD) | 100 BSD (100 USD) |
Driving License Fees | 1,000 MXN (56 USD) | 200 BSD (200 USD) |
Car Insurance Cost | 4,000 MXN (224 USD) | 500 BSD (500 USD) |
Car Maintenance Cost | 2,000 MXN (112 USD) | 200 BSD (200 USD) |
Car Loan Interest Rates | 10 % | 8 % |
Fuel Per Liter | 25 MXN (1.40 USD) | 1.20 BSD (1.20 USD) |
Fuel Per Gallon | 100 MXN (5.60 USD) | 4.50 BSD (4.50 USD) |
Average Toll Fees | Yet to Update | 3 BSD 3 USD |
You would have to pay 2.14 times less for Vehicle purchase, daily operation and maintenance in Mexico compared to that of Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Doctor Visit | 500 MXN (28 USD) | 80 BSD (80 USD) |
Specialist Visit | 1,000 MXN (56 USD) | 150 BSD (150 USD) |
Dentist Visit | 800 MXN (44.80 USD) | 100 BSD (100 USD) |
Eye Exam | 400 MXN (22.40 USD) | 60 BSD (60 USD) |
Mental Health Counseling | 1,500 MXN (84 USD) | 150 BSD (150 USD) |
Preventive Health Screening | 600 MXN (33.60 USD) | 70 BSD (70 USD) |
Physical Therapy | 1,000 MXN (56 USD) | 100 BSD (100 USD) |
Emergency Room Visit | 3,000 MXN (168 USD) | 300 BSD (300 USD) |
Hospital Stay Per Night | 4,000 MXN (224 USD) | 500 BSD (500 USD) |
Vaccinations | 500 MXN (28 USD) | 50 BSD (50 USD) |
Prescription Medication | 200 MXN (11.20 USD) | 30 BSD (30 USD) |
Over the Counter Medication | 100 MXN (5.60 USD) | 10 BSD (10 USD) |
Health Insurance Premiums | 2,000 MXN (112 USD) | 200 BSD (200 USD) |
Health Insurance Deductibles | 800 MXN (44.80 USD) | 500 BSD (500 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 2.50 times less for Health and Medical Treatment.
Indicators | Mexico | Bahamas |
---|---|---|
Cosmetic Procedures | 4,000 MXN (224 USD) | 1,000 BSD (1,000 USD) |
Spa Treatment | 1,500 MXN (84 USD) | 100 BSD (100 USD) |
Manicure Pedicure Cost | 500 MXN (28 USD) | 40 BSD (40 USD) |
Optical Glasses Cost | 800 MXN (44.80 USD) | 200 BSD (200 USD) |
Contact Lenses Cost | 400 MXN (22.40 USD) | 150 BSD (150 USD) |
Haircuts | 150 MXN (8.40 USD) | 25 BSD (25 USD) |
Hair Coloring | 500 MXN (28 USD) | 60 BSD (60 USD) |
Shampoo Price | 60 MXN (3.36 USD) | 8 BSD (8 USD) |
Toothpaste Price | 25 MXN (1.40 USD) | 4 BSD (4 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 3.57 times less for Personal Care Items and Treatment.
Indicators | Mexico | Bahamas |
---|---|---|
Pair of Nike Running Shoes | 3,000 MXN (168 USD) | 120 BSD (120 USD) |
Men's Shirt | 800 MXN (44.80 USD) | 60 BSD (60 USD) |
Women's Dress | 1,500 MXN (84 USD) | 100 BSD (100 USD) |
Summer Dress | 1,200 MXN (67.20 USD) | 50 BSD (50 USD) |
Men's Suit | 6,000 MXN (336 USD) | 400 BSD (400 USD) |
Men's Jeans | 1,500 MXN (84 USD) | 80 BSD (80 USD) |
Women's Jeans | 1,500 MXN (84 USD) | 70 BSD (70 USD) |
Men's Formal Shoes | 3,000 MXN (168 USD) | 150 BSD (150 USD) |
Women's Formal Shoes | 3,000 MXN (168 USD) | 120 BSD (120 USD) |
Men's Casual Shoes | 2,000 MXN (112 USD) | 90 BSD (90 USD) |
Women's Casual Shoes | 2,000 MXN (112 USD) | 80 BSD (80 USD) |
Underwear For Men | 200 MXN (11.20 USD) | 20 BSD (20 USD) |
Underwear For Women | 250 MXN (14 USD) | 25 BSD (25 USD) |
Socks For Men | 100 MXN (5.60 USD) | 5 BSD (5 USD) |
Socks For Women | 100 MXN (5.60 USD) | 5 BSD (5 USD) |
Wintercoat for Adults | 3,000 MXN (168 USD) | 200 BSD (200 USD) |
Sportswear | 1,500 MXN (84 USD) | 100 BSD (100 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 1.02 times more for Clothing and Footwear for Adults.
Indicators | Mexico | Bahamas |
---|---|---|
Children's Jeans | 1,000 MXN (56 USD) | 40 BSD (40 USD) |
Children's Normal Sneakers | 1,200 MXN (67.20 USD) | 60 BSD (60 USD) |
Children's Winter Coat | 1,500 MXN (84 USD) | 80 BSD (80 USD) |
Daycare for Infant | 4,000 MXN (224 USD) | 800 BSD (800 USD) |
Daycare for Toddler | 3,500 MXN (196 USD) | 700 BSD (700 USD) |
Childcare for Sick Days | 800 MXN (44.80 USD) | 100 BSD (100 USD) |
Early Childhood Education Programs | 3,000 MXN (168 USD) | 400 BSD (400 USD) |
Extra Curricular Activities | 2,000 MXN (112 USD) | 300 BSD (300 USD) |
Summer Camp for Kids | 5,000 MXN (280 USD) | 500 BSD (500 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 2.42 times less for Childcare and kids clothing.
Indicators | Mexico | Bahamas |
---|---|---|
PreSchool Fees | 5,000 MXN (280 USD) | 600 BSD (600 USD) |
Primary School Fees | 8,000 MXN (448 USD) | 500 BSD (500 USD) |
Secondary School Fees | 12,000 MXN (672 USD) | 600 BSD (600 USD) |
Private School Fees | 20,000 MXN (1,120 USD) | 1,500 BSD (1,500 USD) |
University Tuition Fees | 60,000 MXN (3,360 USD) | 10,000 BSD (10,000 USD) |
University Private Tuition Fees | 120,000 MXN (6,720 USD) | 20,000 BSD (20,000 USD) |
After School Activities | 2,000 MXN (112 USD) | 200 BSD (200 USD) |
Special Education Services | 2,500 MXN (140 USD) | 1,000 BSD (1,000 USD) |
Tutoring | 1,000 MXN (56 USD) | 50 BSD (50 USD) |
Textbooks Cost | 600 MXN (33.60 USD) | 100 BSD (100 USD) |
School Supplies | 300 MXN (16.80 USD) | 50 BSD (50 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 2.67 times less for school and education.
Indicators | Mexico | Bahamas |
---|---|---|
Movie Ticket (Single) | 100 MXN (5.60 USD) | 15 BSD (15 USD) |
Theater Ticket (Single) | 300 MXN (16.80 USD) | 50 BSD (50 USD) |
Concert Ticket (Single) | 500 MXN (28 USD) | 75 BSD (75 USD) |
Sports Event Ticket (Single) | 500 MXN (28 USD) | 60 BSD (60 USD) |
Gym Membership | 600 MXN (33.60 USD) | 100 BSD (100 USD) |
Swimming Pool Access | 300 MXN (16.80 USD) | 30 BSD (30 USD) |
Museum Entry Ticket | 100 MXN (5.60 USD) | 20 BSD (20 USD) |
Zoo Entry Ticket | 150 MXN (8.40 USD) | 15 BSD (15 USD) |
Amusement Park Entry Ticket | 300 MXN (16.80 USD) | 50 BSD (50 USD) |
Bowling | 150 MXN (8.40 USD) | 20 BSD (20 USD) |
Mini Golf | 100 MXN (5.60 USD) | 30 BSD (30 USD) |
Video Games | 1,000 MXN (56 USD) | 60 BSD (60 USD) |
Streaming Services | 150 MXN (8.40 USD) | 15 BSD (15 USD) |
Outdoor Equipment Rental | 300 MXN (16.80 USD) | 50 BSD (50 USD) |
Theme Park Annual Pass | 6,000 MXN (336 USD) | 200 BSD (200 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 1.34 times less for entertainment, recreation and fun activities.
Indicators | Mexico | Bahamas |
---|---|---|
Language Classes | 1,500 MXN (84 USD) | 200 BSD (200 USD) |
Parenting Classes | 1,000 MXN (56 USD) | 50 BSD (50 USD) |
Art Classes | 600 MXN (33.60 USD) | 30 BSD (30 USD) |
Fitness Classes | 300 MXN (16.80 USD) | 25 BSD (25 USD) |
Music Lessons | 500 MXN (28 USD) | 50 BSD (50 USD) |
Dance Lessons | 500 MXN (28 USD) | 40 BSD (40 USD) |
Reading Materials for Classes | 200 MXN (11.20 USD) | 15 BSD (15 USD) |
Educational Software | 1,000 MXN (56 USD) | 100 BSD (100 USD) |
If you lived in Mexico, instead of Bahamas, you would have to pay 1.63 times less for Private Classes.
Indicators | Mexico | Bahamas |
---|---|---|
Average Gross Monthly Salary | 20,000 MXN (1,120 USD) | 2,500 BSD (2,500 USD) |
Average Net Monthly Salary | 15,000 MXN (840 USD) | 2,000 BSD (2,000 USD) |
Minimum Wages | 200 MXN per hour (11.20 USD) | 7 BSD per hour (7 USD) |
Average Bonus | 10,000 MXN (560 USD) | 500 BSD (500 USD) |
Income Tax Rate | 0 to 16 % | 0 to 12 % |
Social Security Contributions | 10 % | 3.9 % |
Pension Contributions | 5 % | 2.9 % |
Cost of Living Index | 45 | 75 |
Median Household Income | 60,000 MXN (3,360 USD) | 45,000 BSD (45,000 USD) |
If you lived in Mexico, you would earn 8.49 times less salary as compared to Bahamas.
Indicators | Mexico | Bahamas |
---|---|---|
Legal Consultation Per Hour Rate | 1,000 MXN (56 USD) | 200 BSD (200 USD) |
Accounting Services Per Hour Rate | 800 MXN (44.80 USD) | 100 BSD (100 USD) |
IT Support Services Per Hour Rate | 700 MXN (39.20 USD) | 80 BSD (80 USD) |
Technician Services Per Hour Rate | 600 MXN (33.60 USD) | 60 BSD (60 USD) |
Professional Services cost 2.53 times less in Mexico, as compared to Bahamas.
We hope you enjoyed the detailed guide on the cost of living comparsion between Mexico and Bahamas.
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