Grenada vs Bahamas

Grenada costs roughly 2.4x less than Bahamas. Use our tool below to personalize the estimate based on your income and lifestyle.

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Bahamas is approximately 2.4x more expensive than Grenada based on cost of living including rent. This makes Grenada a more budget-friendly option for expats considering a move.

Grenada has a FIRE Score of 63/100, indicating its suitability for financial independence and early retirement. The country's safety index is 62.8, which is relatively safe.

Recommended profile: Grenada is well-suited for retirees seeking a balanced lifestyle.

Overall Winner

Grenada

St. George's

About Grenada

A one-bedroom near the city center runs $632.54 a month, cheaper than rent in most mid-size US metros, and the digital nomad visa only requires $3,083.33 in verifiable monthly income, low enough for a remote salary to cover it comfortably. English is official, safety ratings are high, and the pathway to citizenship is clear, but no retirement visa exists and healthcare scores just 51.2, so this works for working nomads more than retirees needing serious medical infrastructure.

MONTHLY SAVINGS

$1,292/mo

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Living Costs (excl. rent)

Single (excl. rent)$1,076
Family (excl. rent)$3,870

Rent Per Month

1 Bedroom (City Centre)
$633
1 Bedroom (Outside Centre)
$435
3 Bedroom (City Centre)
$1,298
3 Bedroom (Outside Centre)
$844

Attractiveness Scores

FIRE Score
63/100
Retiree Score
55/100
Nomad Score
76/100


Country Details →

About Bahamas

Best for retirees via the Permanent Residence pathway, anchored by no language requirement and direct flights. Living costs are high—$1,752 monthly plus $1,196 rent—but its Safety Index of 42.6 and medium expat safety rating are solid for the region. Main trade-off: no minimum income requirement and no personal income tax could complicate budgeting.

MONTHLY DEFICIT

$-69/mo

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Living Costs (excl. rent)

Single (excl. rent)$1,752
Family (excl. rent)$6,388

Rent Per Month

1 Bedroom (City Centre)
$1,318
1 Bedroom (Outside Centre)
$1,196
3 Bedroom (City Centre)
$3,996
3 Bedroom (Outside Centre)
$3,735

Attractiveness Scores

FIRE Score
0/100
Retiree Score
43/100
Nomad Score
12/100


Country Details →

Battle of Lifestyles

Scroll to compare

MetricGrenadaBahamas
Travel Advisory
Level 2: Increased CautionLevel 2: Increased Caution
Quality of Life Index
125.8
133.7 +7.9
Healthcare Index
51.2 58.3 +7.1
Safety Index
62.8 +20.2
42.6
Cost of Living Index
36 +49.685.6
Living Costs (Single, excl. rent)$1,075.6 +676.4$1,752
Living Costs (Family, excl. rent)$3,869.6 +2,518$6,387.6
1BR Apartment (Center)$632.54 +684.96$1,317.5
1BR Apartment (Outside)$434.95 +760.61$1,195.56
3BR Apartment (Center)$1,298.2 +2,697.51$3,995.71
3BR Apartment (Outside)$844.33 +2,890.67$3,735
Avg Internet Speed149.05 Mbps +149.10 Mbps

Frequently Asked Questions

Click any question to expand the answer.

We use a "Pure Data" approach, pulling raw facts from high-authority sources including private sources for real-time crowd-sourced pricing, the World Bank for stability metrics, and official government visa portals.

The FIRE Score is a dynamic metric based on your Monthly Income vs. Total Expenses. It calculates your potential savings rate; the more you save, the higher the score.

Our indices (Quality of Life, Healthcare, Safety, Cost of Living) are relative metrics. For example, a higher Quality of Life Index indicates better purchasing power, safety, and healthcare, while a higher Cost of Living Index means the country is more expensive relative to others.

The Retiree Score is a holistic measure of how suitable a country is for long-term retirement. It is calculated from three main factors: healthcare system quality, safety index, and the general cost of living.

The Nomad Score measures how well a country supports remote workers. It is calculated from average internet speeds, the cost of living, and the safety index.

The "Single" toggle calculates costs based on a 1-Bedroom apartment. "Family" assumes a 3-Bedroom apartment and the expenses for a household of four.