Is Bermuda an expensive place to live?

Bermuda is among the most expensive places in the world to live. CostLiving’s moderate lifestyle benchmark for Bermuda is $4,900 per person per month, about 39 percent above the US average ($3,525) and meaningfully higher than Cayman Islands ($3,800), the Bahamas ($3,450), or Aruba ($2,700). Housing drives most of the premium: Hamilton apartment rentals run $1,800 to $3,500 a month for modest units, with premium properties at $5,000-plus. A gallon of milk runs about $15 (yes, fifteen US dollars), a dozen eggs $5 to $7. Property purchases start around $800,000 and routinely exceed $2 million. The offsets are real: no income tax, a strong financial-services job market, and salaries to match. For the full breakdown, see our Bermuda cost of living page.