Bermuda flagCost of Living Guide · Bermuda

Cost of Living Guide in Bermuda

Complete pricing for housing, food, transportation, and everyday expenses

Bermuda has one of the highest costs of living in North America, with overall costs including rent 156.1% higher than the regional average and consumer prices excluding rent 107.1% higher. It stands out as the most expensive place in the region, driven by high import reliance and limited land, though it offers exceptional quality of life. No home country comparison available.

Estimated Monthly Budget

Frugal
$2,500–$3,500 (shared housing, local markets, public transport)
Comfortable
$5,000–$8,000 (private 1BR, mix of groceries/dining, occasional leisure)
Family of four
$12,000–$20,000 (3BR rental, international schooling, car, imported goods)

Bermuda delivers outstanding value through its top-tier quality of life and tax advantages despite costs 156.1% above the North America average. Ideal for high earners prioritizing safety, beaches, and stability over affordability.

Economic & Living Costs in Bermuda
Food & Dining Costs

Meal, Inexpensive Restaurant

30-60 BMD
Avg: 45 BMD
-5.3% vs 3 months ago

Meal for 2, Mid-range Restaurant (3-course)

100-200 BMD
Avg: 150 BMD
-7.7% vs 3 months ago

McMeal at McDonalds (or Equivalent Combo Meal)

12-18 BMD
Avg: 15 BMD
+3.4% vs 3 months ago

Domestic Beer (0.5L draught)

6-10 BMD
Avg: 8 BMD
-11.1% vs 3 months ago
Housing & Real Estate Costs

Apartment (1 bedroom) in City Centre

2500-4500 BMD
Avg: 3500 BMD
0.0% vs 3 months ago

Apartment (1 bedroom) Outside Centre

2000-3470 BMD
Avg: 2735 BMD
-2.3% vs 3 months ago

Apartment (3 bedrooms) in City Centre

7000-10000 BMD
Avg: 8500 BMD
-19.0% vs 3 months ago

Apartment (3 bedrooms) Outside Centre

4500-10000 BMD
Avg: 7250 BMD
-14.7% vs 3 months ago
Transportation Costs

One-way Ticket (Local Transport)

4-5 BMD
Avg: 4.5 BMD
0.0% vs 3 months ago

Chicken Fillets (1kg)

14-30 BMD
Avg: 22 BMD
-31.3% vs 3 months ago

Monthly Transport Pass

69-70 BMD
Avg: 69.5 BMD
1.5% vs 3 months ago

Gasoline (1L)

1.91-2.36 BMD
Avg: 2.13 BMD
0.2% vs 3 months ago
Utilities & Communications Costs

Utilities for 85m² Apartment

191.25-350 BMD
Avg: 270.63 BMD
-8.5% vs 3 months ago

Internet (60 Mbps+, Unlimited)

130-200 BMD
Avg: 165 BMD
+4.8% vs 3 months ago

Mobile Plan (10GB+ Data)

125-210 BMD
Avg: 167.5 BMD
+22.3% vs 3 months ago
Grocery Costs

Milk (1L)

2.11-6.08 BMD
Avg: 4.09 BMD
+6.2% vs 3 months ago

Loaf of Fresh White Bread (500g)

6-19.84 BMD
Avg: 12.92 BMD
0.0% vs 3 months ago

Eggs (12)

5.4-11.4 BMD
Avg: 8.4 BMD
0.0% vs 3 months ago

Local Cheese (1kg)

7.5-26.46 BMD
Avg: 16.98 BMD
1.5% vs 3 months ago
Entertainment & Sports Costs

Fitness Club, Monthly Fee

125-220 BMD
Avg: 172.5 BMD
+7.8% vs 3 months ago

Tennis Court (1 hour, weekend)

15-50 BMD
Avg: 32.5 BMD
-27.8% vs 3 months ago

Cinema Ticket

12-15 BMD
Avg: 13.5 BMD
0.0% vs 3 months ago

Preschool / Kindergarten (monthly, private)

1200-1500 BMD
Avg: 1350 BMD
-23.6% vs 3 months ago
Last updated: 2026-04-03