Island, Bermuda

Cost of living in Bermuda

Updated October 2026Sources

How much a month costs in Bermuda

For one person, including rent. A comfortable month costs about $7,500–12,000 (BD$7,500–12,000).

Lean$4,500–6,500BD$4,500–6,500 · Room or studio, local food

Comfortable$7,500–12,000BD$7,500–12,000 · 1-bed apartment, eating out daily

Luxury$15,000–28,000BD$15,000–28,000 · Upscale apartment, restaurants, taxis

Prices in Bermuda

Typical 2026 ranges in BMD, rounded. US$ at the 03 Oct 2026 exchange rate.

Item	BMD	US$
Housing
1-bedroom apartment, center (month)	BD$3,500–6,000	$3,500–6,000
1-bedroom apartment, outside center (month)	BD$2,500–4,200	$2,500–4,200
Mid-range hotel room (night)	BD$300–600	$300–600
Food and drink
Local meal or street food	BD$14–24	$14–24
Mid-range restaurant, per person	BD$45–85	$45–85
Cappuccino	BD$6–9	$6–9
Local beer, 0.5 l in a bar	BD$8–12	$8–12
Getting around
Public transport, one ride	BD$4–6	$4–6
Ride-hailing or taxi, about 5 km	BD$30–55	$30–55
Work and life
Gym membership (month)	BD$100–180	$100–180
Mobile data, 20–50 GB (month)	BD$60–110	$60–110

Cheaper alternatives to Bermuda

Similar safety, lower cost, in North America.

Place	Country	Comfortable month
Quebec City	Canada	$2,110–2,950
Ottawa	Canada	$2,460–3,370
Victoria	Canada	$2,530–3,440
Banff	Canada	$3,370–4,560
Palm Springs	United States	$3,500–5,200

Quick answers

How much money do you need per month in Bermuda?

About $4,500–6,500 on a lean budget, $7,500–12,000 for a comfortable month and $15,000–28,000 for a luxury one, rent included.

How much is rent in Bermuda?

A furnished 1-bedroom apartment costs BD$3,500–6,000 ($3,500–6,000) a month in the center and BD$2,500–4,200 ($2,500–4,200) outside it.

How much does food cost in Bermuda?

A local meal is BD$14–24 ($14–24); a mid-range restaurant is BD$45–85 ($45–85) per person.

Is Bermuda expensive?

Prices in Bermuda are about 120% of US price levels (World Bank PPP).

More about Bermuda

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Sources

Prices are SoloSquare estimates for 2026, reviewed against official and operator prices where available. Compiled and reviewed by SoloSquare. How we compile and score this. Spotted something out of date? Tell us.