Bahamas

House Price to Income Ratio - Bahamas Compared to Continent

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Neth. Antilles	12.12x
Trinidad & T.	16.26x
Bahamas	18.41x
Antigua	28.64x
Belize	34.32x
Jamaica	35.20x
St Lucia	35.87x
St Kitts	39.12x
Dom. Rep.	41.31x
Barbados	43.18x
St Martin	79.64x

 

 

Bahamas: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Bahamas does not publish official house price statistics. Good economics data are from the Central Bank of the Bahamas.