North America · Hamilton
Cost of living in Bermuda
Bermuda is 17% more expensive than the US, ranking #1 of 203 countries we cover for cost of living.
World Bank data through 2024 · last reviewed 2026-06.
What drives the cost here
Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.
In Bermuda, housing & utilities is the priciest category relative to the world (276), while transport is the most affordable (162).
Category price levels: World Bank ICP 2021 (world average = 100) · source
What your money is worth here
A $100,000 US lifestyle would cost roughly $116,500 in Bermuda.
Quality of life
Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).
About Bermuda
Bermuda was first settled in 1609 by shipwrecked English colonists heading for Virginia. Self-governing since 1620, Bermuda is the oldest and most populous of the British Overseas Territories. Vacationing on the island to escape North American winters first developed in Victorian times. Tourism continues to be important for the island's economy, although international business has overtaken it in recent years as Bermuda has developed into a highly successful offshore financial center. A referendum on independence from the UK was soundly defeated in 1995.
Background from the CIA World Factbook (public domain), archived 2026-06-03.
Frequently asked
Is Bermuda expensive to live in?
Bermuda is 17% more expensive than the US, ranking #1 of the 203 countries we track. Its most expensive category relative to the world is housing & utilities; transport costs the least.
How much money do you need to live in Bermuda?
A lifestyle that costs $100,000 in the United States would cost roughly $116,500 in Bermuda, going by overall price levels. The salary translator turns your own figure into a local equivalent.
Is Bermuda cheaper than the United States?
No. Its overall price level is 116.7, against 100 for the United States.
Every number, sourced.
We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.
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