Summary of The Cost of Living in Bermuda
• The average monthly cost of living for a single person across cities in Bermuda is $7,295.00 including rent, or $3,695.00 excluding rent.
• The average monthly cost of living for a couple (2 adults) across cities in Bermuda is $9,824.00 including rent, or $6,224.00 excluding rent.
• The average monthly cost of living for a family of four (2 adults + 2 children) across cities in Bermuda is $13,686.50 including rent, or $9,006.50 excluding rent.
• The average yearly cost of living across cities in Bermuda ranges from $87,540.00 for a single person to $117,888.00 for a couple, and $164,238.00 for a family of four, including rent. Excluding rent, the yearly range is $44,340.00 for a single person to $74,688.00 for a couple, and $108,078.00 for a family of four.
• For budget-conscious living across cities in Bermuda, baseline monthly expenses range from $4,560.00 for a single person to $6,079.50 for a couple, and $8,490.50 for a family of four, including rent. Excluding rent, the range is $2,060.00 for a single person to $3,579.50 for a couple, and $5,240.50 for a family of four.
• For comfortable/luxury living across cities in Bermuda, estimated monthly expenses range from $12,520.00 for a single person to $16,788.00 for a couple, and $23,173.00 for a family of four, including rent. Excluding rent, the range is $6,720.00 for a single person to $10,988.00 for a couple, and $15,633.00 for a family of four.
• The average monthly salary for a person across cities in Bermuda is $7,500.00, which is 103.0% more than the average monthly cost of living and 264.1% more than the budget cost of living for a single person, excluding rent.
Cost of Living Details
| Category | Subcategory | Description | Cost Range (Monthly) |
|---|---|---|---|
| Monthly rent for your primary residence (apartments, houses, condos) | |||
| Monthly electricity bill | |||
| Monthly running water bill | |||
| Monthly broadband internet subscription with unlimited data and cable TV | |||
| Monthly gas and heating expenses | |||
| Monthly mobile phone plan with data and calling | |||
| Monthly food and grocery expenses | |||
| Monthly expenses for basic household supplies and personal hygiene items (toiletries, cleaning supplies, and paper products) | |||
| Monthly transportation costs (public transit, vehicle ownership, or ride-sharing) | |||
| Monthly expenses for movies, coffee, drinks, and social activities (excluding shopping & dining) | |||
| Monthly expenses for clothing, shoes, and accessories | |||
| Monthly health insurance cost | |||
| Monthly prescription medications and pharmacy expenses | |||
| Monthly doctor visits and dental care expenses | |||
| Monthly gym membership | |||
| Monthly expenses for laundry and housekeeping services | |||
| Monthly expenses for food and basic care per pet (grooming, veterinary visits, treats, and medications) | |||
| Monthly childcare and school fees | |||
| Total (selected items only) | |||
Expense Distribution
Salary Info
| Category | Subcategory | Description | Salary Range (Monthly) |
|---|---|---|---|
| Salary | Salary | Monthly salary (full-time) |