Alexandria vs. Nassau: Detailed 2026 Comparison

Alexandria, Egypt, with a population of approximately 4.87 million, represents a significantly larger urban center compared to Nassau, Bahamas, which has a population of around 274,400. This vast difference in scale immediately suggests contrasting economic structures and development levels. Alexandria's GDP per capita is considerably lower at $10,263, reflecting a developing economy heavily reliant on agriculture, industry, and tourism, but with lower average incomes compared to Nassau. In contrast, Nassau's GDP per capita stands at $69,333, indicative of a more developed economy, likely driven by tourism, finance, and services, offering higher average earnings. The Property Price to Income Ratio also highlights this economic disparity, with Alexandria at 4.56 and Nassau at 1.72, suggesting that property costs are significantly higher relative to income in Nassau, though still considerably lower than the ratio of 14.37 found in Alexandria's data. These initial figures set the stage for a complex comparison where economic potential, cost of living, and quality of life must be carefully weighed against each other. The economic landscape between Alexandria and Nassau is starkly different, directly impacting affordability. Nassau boasts a significantly higher average monthly net salary ($3,356) compared to Alexandria's $559. This substantial difference in income translates into vastly different purchasing power. While Nassau's higher salaries can support its more expensive cost of living, Alexandria's much lower incomes mean that basic expenses constitute a much larger percentage of household budgets. Regarding housing, Nassau's price per square meter for apartments ranges from $3,270 (outside the center) to $4,191 (inside the center), placing it among the more expensive global real estate markets. Alexandria's prices are comparatively much lower, ranging from $1,000 to $1,500 per square meter. However, the Annual Mortgage Interest Rate in Alexandria is alarmingly high at 20.5%, making homeownership extremely costly and risky for potential buyers, whereas Nassau's rate of 7.06% is significantly more manageable, reflecting greater financial stability in the local housing market despite the higher absolute property prices. The combination of higher salaries and a more sustainable mortgage rate in Nassau makes housing potentially more affordable in the long term, despite the higher upfront costs, than the extremely low salaries and prohibitively high interest rate in Alexandria. Assessing the quality of life reveals significant trade-offs between the two

Climate Index

95.5 / 86

Cost of Living Index

20.8 / 108.6

Alexandria   Nassau

Health Care Index

45.8 / 40.9

Pollution Index

73.8 / 58

Alexandria   Nassau

Purchasing Power Index

21.6 / 81.3

Quality of Life Index

90.8 / 125.3

Alexandria   Nassau

Safety Index

54.9 / 35.7

Traffic Commute Time Index

44.3 / 30

Alexandria   Nassau