Q: and where is the most suitable place to live with 350 bd

A: its BDF not PDF the b is for bahrain anyway the hospital is located in Riffa and the school in Sanad .... in general u can say they are close and need 15 mints by car (less or more dependsing on the traffic). both areas are not in the capital Manama. its a good thing that ur work and gaughter school are not in the capital and it will be easier for u to find a place with a suitabl (i.e. cheaper) price. try a flat in sanad, nowiadrat, buhair, a'ali and any other area in the south of the country .... but better to get a help from someone with u in the work. best luck