Summary of cost of living in Bermuda:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | 45.59 £ | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | 125.38 £ | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | 11.40 £ | |
| Domestic Draft Beer (1 Pint) | 7.60 £ | |
| Imported Beer (12 oz Small Bottle) | 6.46 £ | |
| Cappuccino (Regular Size) | 4.51 £ | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | 2.72 £ | |
| Bottled Water (12 oz) | 2.47 £ | |
Markets | |
|
| Milk (Regular, 1 Liter) | 3.88 £ | |
| Fresh White Bread (1 lb Loaf) | 6.08 £ | |
| White Rice (1 lb) | 1.81 £ | |
| Eggs (12, Large Size) | 6.21 £ | |
| Local Cheese (1 lb) | 4.26 £ | |
| Chicken Fillets (1 lb) | 7.90 £ | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | 6.38 £ | |
| Apples (1 lb) | 3.74 £ | |
| Bananas (1 lb) | 2.49 £ | |
| Oranges (1 lb) | 3.45 £ | |
| Tomatoes (1 lb) | 3.31 £ | |
| Potatoes (1 lb) | 2.99 £ | |
| Onions (1 lb) | 2.59 £ | |
| Lettuce (1 Head) | 4.40 £ | |
| Bottled Water (50 oz) | 3.28 £ | |
| Bottle of Wine (Mid-Range) | 19.00 £ | |
| Domestic Beer (16.9 oz Bottle) | 4.07 £ | |
| Imported Beer (12 oz Small Bottle) | 3.42 £ | |
| Cigarettes (Pack of 20, Marlboro) | 13.68 £ | |
Transportation | |
|
| One-Way Ticket (Local Transport) | 3.61 £ | |
| Monthly Public Transport Pass (Regular Price) | 52.43 £ | |
| Taxi Start (Standard Tariff) | 4.90 £ | |
| Taxi 1 mile (Standard Tariff) | 4.64 £ | |
| Taxi 1 Hour Waiting (Standard Tariff) | 53.19 £ | |
| Gasoline (1 Liter) | 1.73 £ | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | 24,696.03 £ | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | 32,168.17 £ | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | 192.66 £ | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | 108.66 £ | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | 111.45 £ | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | 137.32 £ | |
| Tennis Court Rental (1 Hour, Weekend) | 35.46 £ | |
| Cinema Ticket (International Release) | 10.26 £ | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | 1,019.50 £ | |
| International Primary School, Annual Tuition per Child | 18,870.38 £ | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | 68.39 £ | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | 45.59 £ | |
| Nike Running Shoes (Mid-Range) | 108.28 £ | |
| Men's Leather Business Shoes | 96.63 £ | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | 2,716.56 £ | |
| 1 Bedroom Apartment Outside of City Centre | 1,952.89 £ | |
| 3 Bedroom Apartment in City Centre | 6,163.88 £ | |
| 3 Bedroom Apartment Outside of City Centre | 5,699.09 £ | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | 815.74 £ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 437.46 £ | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | 4,968.68 £ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 7.08 |
Sources and References
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