Cost of Living: Bermuda vs Canada

Detailed comparison of living costs and expenses between Bermuda and Canada.

Data updated: October 2026

Quick Comparison Summary

In simple terms, living in Bermuda is 213.5% more expensive than Canada. The biggest difference is in Sports And Leisure, where costs are 237.2% higher. This means that for every $100 you spend in Canada, you would spend about $313 in Bermuda for the same standard of living.

Key Differences

Sports And Leisure 237.2%

Bermuda is 237.2% more expensive

Rent Per Month 222.2%

Bermuda is 222.2% more expensive

Mobile and Internet 153.6%

Bermuda is 153.6% more expensive

Cost of Living Index

Overall Difference 213.5%

Bermuda is 213.5% more expensive than Canada

Most Expensive Categories

  • Sports And Leisure +237.2%
  • Rent Per Month +222.2%
  • Mobile and Internet +153.6%

Is Bermuda cheaper than Canada?

No, Canada is cheaper than Bermuda

Overall, living costs in Canada are 213.5% lower than in Bermuda.

Where Canada is cheaper:

  • Sports And Leisure 237.2% cheaper
  • Rent Per Month 222.2% cheaper
  • Mobile and Internet 153.6% cheaper

Where Canada is more expensive:

No significant cost disadvantages found.

Practical Examples

Basic restaurant meal

Bermuda: 60.00 $ Canada: 18.20 $
229.7% more expensive in Bermuda

1-bedroom apartment in city center

Bermuda: 3,479.17 $ Canada: 1,339.05 $
159.8% more expensive in Bermuda

1 liter of milk

Bermuda: 5.10 $ Canada: 2.24 $
127.7% more expensive in Bermuda

1 liter of gasoline

Bermuda: 2.26 $ Canada: 1.17 $
93.2% more expensive in Bermuda

Summary

Based on comprehensive cost of living data, Canada is indeed cheaper than Bermuda. You would spend approximately 213.5% on living expenses by choosing Canada over Bermuda. This includes all major expense categories such as housing, food, transportation, and utilities.

Overall Cost of Living Comparison

213.5%

Bermuda is 213.5% more expensive than Canada

Restaurants

99.4%

Bermuda is 99.4% more expensive than Canada in this category

Markets

43.4%

Bermuda is 43.4% more expensive than Canada in this category

Other Expenses

23.6%

Bermuda is 23.6% more expensive than Canada in this category

Transportation

63.8%

Bermuda is 63.8% more expensive than Canada in this category

Household Utilities

55.3%

Bermuda is 55.3% more expensive than Canada in this category

Mobile and Internet

153.6%

Bermuda is 153.6% more expensive than Canada in this category

Sports And Leisure

237.2%

Bermuda is 237.2% more expensive than Canada in this category

Childcare

102.7%

Bermuda is 102.7% more expensive than Canada in this category

Clothing And Shoes

35.9%

Bermuda is 35.9% more expensive than Canada in this category

Rent Per Month

222.2%

Bermuda is 222.2% more expensive than Canada in this category

Property Prices

54.5%

Bermuda is 54.5% more expensive than Canada in this category

Salaries And Financing

125.8%

Bermuda is 125.8% more expensive than Canada in this category

Detailed Cost Comparison

Item Bermuda Canada Difference
Basic Restaurant Meal 60.00 $ 18.20 $ 229.7%
Bermuda is 229.7% more expensive
Three-Course Dinner for Two in Mid Range Restaurant 165.00 $ 72.81 $ 126.6%
Bermuda is 126.6% more expensive
McDonald's Fast Food Combo Meal 15.00 $ 10.92 $ 37.4%
Bermuda is 37.4% more expensive
Regular Cappuccino 5.94 $ 3.77 $ 57.6%
Bermuda is 57.6% more expensive
Soft Drink (330ml) 3.50 $ 2.10 $ 66.7%
Bermuda is 66.7% more expensive
Bottled Water (330ml) 3.25 $ 1.70 $ 91.2%
Bermuda is 91.2% more expensive
Bottled Water (1.5L) 4.20 $ 1.81 $ 132.0%
Bermuda is 132.0% more expensive
Local Beer (500ml) 1.88 $ 3.47 $ 45.8%
Bermuda is 45.8% cheaper
Imported Beer (330ml) 7.14 $ 4.55 $ 56.9%
Bermuda is 56.9% more expensive
Mid-Range Wine 5.79 $ 11.71 $ 50.6%
Bermuda is 50.6% cheaper
Local Beer (500ml bottle) 1.74 $ 6.07 $ 71.3%
Bermuda is 71.3% cheaper
Milk (1L) 5.10 $ 2.24 $ 127.7%
Bermuda is 127.7% more expensive
Fresh Bread (500g) 8.61 $ 2.70 $ 218.9%
Bermuda is 218.9% more expensive
White Rice (1kg) 5.21 $ 3.66 $ 42.3%
Bermuda is 42.3% more expensive
Eggs (12 pack) 8.18 $ 3.51 $ 133.0%
Bermuda is 133.0% more expensive
Local Cheese (1kg) 10.81 $ 11.48 $ 5.8%
Bermuda is 5.8% cheaper
Chicken Breast (1kg) 28.75 $ 12.22 $ 135.3%
Bermuda is 135.3% more expensive
Beef (1kg) 20.97 $ 14.97 $ 40.1%
Bermuda is 40.1% more expensive
Apples (1kg) 10.72 $ 4.20 $ 155.2%
Bermuda is 155.2% more expensive
Bananas (1kg) 6.88 $ 1.44 $ 377.8%
Bermuda is 377.8% more expensive
Oranges (1kg) 10.20 $ 3.85 $ 164.9%
Bermuda is 164.9% more expensive
Tomatoes (1kg) 8.71 $ 4.14 $ 110.4%
Bermuda is 110.4% more expensive
Potatoes (1kg) 8.00 $ 2.67 $ 199.6%
Bermuda is 199.6% more expensive
Onions (1kg) 6.22 $ 2.66 $ 133.8%
Bermuda is 133.8% more expensive
Lettuce (1 head) 5.80 $ 2.55 $ 127.5%
Bermuda is 127.5% more expensive
Monthly Transit Pass 69.00 $ 76.38 $ 9.7%
Bermuda is 9.7% cheaper
Cigarettes (20 pack) 18.00 $ 14.56 $ 23.6%
Bermuda is 23.6% more expensive
Single Bus/Train Ticket 4.50 $ 2.55 $ 76.5%
Bermuda is 76.5% more expensive
Taxi Base Fare 6.22 $ 3.42 $ 81.9%
Bermuda is 81.9% more expensive
Taxi per Kilometer 3.40 $ 1.59 $ 113.8%
Bermuda is 113.8% more expensive
Taxi Waiting Hourly Rate 53.90 $ 28.35 $ 90.1%
Bermuda is 90.1% more expensive
Gasoline (1L) 2.26 $ 1.17 $ 93.2%
Bermuda is 93.2% more expensive
New Economy Car 35,000.00 $ 24,739.68 $ 41.5%
Bermuda is 41.5% more expensive
New Mid-Range Car 39,000.00 $ 20,433.99 $ 90.9%
Bermuda is 90.9% more expensive
Monthly Utilities (80m² size) 234.25 $ 150.84 $ 55.3%
Bermuda is 55.3% more expensive
10 GB Mobile Plan with Data 119.18 $ 45.41 $ 162.5%
Bermuda is 162.5% more expensive
High-Speed Internet (> 60 Mbps) 153.12 $ 61.96 $ 147.1%
Bermuda is 147.1% more expensive
Gym Membership 180.71 $ 42.65 $ 323.7%
Bermuda is 323.7% more expensive
Tennis Court (Weekend) 46.67 $ 17.42 $ 167.9%
Bermuda is 167.9% more expensive
Movie Ticket 13.50 $ 11.36 $ 18.8%
Bermuda is 18.8% more expensive
Private Preschool (Full Day) 1,320.00 $ 802.92 $ 64.4%
Bermuda is 64.4% more expensive
International School (Yearly) 24,500.00 $ 11,932.95 $ 105.3%
Bermuda is 105.3% more expensive
1 Pair of Jeans 73.33 $ 55.66 $ 31.7%
Bermuda is 31.7% more expensive
1 Summer Dress 60.00 $ 41.19 $ 45.7%
Bermuda is 45.7% more expensive
1 Pair of Running Shoes 136.67 $ 88.39 $ 54.6%
Bermuda is 54.6% more expensive
1 Pair of Business Shoes 127.17 $ 107.04 $ 18.8%
Bermuda is 18.8% more expensive
1-Bedroom Apartment (City Center) 3,479.17 $ 1,339.05 $ 159.8%
Bermuda is 159.8% more expensive
1-Bedroom Apartment (Suburbs) 2,416.67 $ 1,186.00 $ 103.8%
Bermuda is 103.8% more expensive
3-Bedroom Apartment (City Center) 7,950.50 $ 2,143.71 $ 270.9%
Bermuda is 270.9% more expensive
3-Bedroom Apartment (Suburbs) 7,181.82 $ 1,856.86 $ 286.8%
Bermuda is 286.8% more expensive
Apartment Price (City Center) per m² 11,555.35 $ 6,761.35 $ 70.9%
Bermuda is 70.9% more expensive
Apartment Price (Suburbs) per m² 6,196.78 $ 4,732.37 $ 30.9%
Bermuda is 30.9% more expensive
Average Monthly Salary (after tax) 6,478.93 $ 2,865.96 $ 126.1%
Bermuda is 126.1% more expensive
20-Year Fixed Mortgage Rate 7.08 6.35 11.5%
Bermuda is 11.5% more expensive

Cost of Living Calculator

Calculate how your current expenses would change if you moved to Canada. Enter your monthly expenses in Bermuda to see the equivalent costs.

Housing

Food & Dining

Transportation

Other Expenses

Our Methodology

Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:

Data Collection

  • Regular price surveys conducted in major cities
  • Official government statistics and economic indicators
  • User-contributed data from expatriates and local residents
  • Real estate market reports and rental price indices
  • Consumer price indices and inflation data

Calculation Methods

  • Prices are normalized to USD for consistent comparison
  • Exchange rates are updated monthly
  • Regional price variations are weighted by population
  • Seasonal fluctuations are accounted for in the averages
  • Quality of life factors are considered in the overall assessment

Quality Assurance

  • Data is verified by local experts
  • Regular cross-checking with multiple sources
  • User feedback is incorporated into updates
  • Statistical outliers are identified and reviewed
  • Methodology is reviewed quarterly

Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.

Lifestyle Impact

Understanding the cost of living differences between Bermuda and Canada goes beyond just numbers. Here's how these differences might affect your daily life:

Daily Living

  • Grocery shopping habits and meal planning
  • Public transportation usage vs. car ownership
  • Frequency of dining out and entertainment
  • Healthcare access and insurance coverage
  • Housing choices and neighborhood selection

Long-term Planning

  • Savings and investment strategies
  • Retirement planning considerations
  • Education costs for children
  • Property ownership opportunities
  • Business and career development

Quality of Life Considerations

While cost of living is important, it's just one aspect of quality of life. Consider also:

  • Healthcare system quality and accessibility
  • Education system standards
  • Public safety and security
  • Environmental quality
  • Cultural and recreational opportunities
  • Work-life balance norms

Making the Most of Your Budget

Tips for adapting to cost of living differences:

  • Research local shopping habits and markets
  • Learn about public transportation options
  • Understand local tax systems and benefits
  • Explore community resources and discounts
  • Network with locals for insider tips

Local Insights for Bermuda vs Canada

While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.

Cultural Cost Differences

Bermuda

  • Basic groceries tend to be more expensive, suggesting different shopping patterns.
  • Higher fuel costs indicate different transportation preferences.

Canada

Seasonal Cost Variations

Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.

Explore more

Cost of living in Bermuda Cost of living in Canada

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