Bahamas

Bahamas is also one of the most expensive countries to live.

The privilege of living on an island, like in Bermuda, comes with a cost. The bulk of commodities must be imported, which can cause the cost of basic foods to rise.

Because there is no income tax, the government earns money through taxing imported commodities and imposing value added tax (VAT) on goods and services offered by vendors. Because the level of life in The Bahamas is relatively high, real estate in the country is likewise on the higher end of the average. Affordable housing is still available, depending on the type and location of housing you pick.

Cost of Living Index: 84.00
Rent Index: 35.34