Prices and Cost of Living in Bermuda

Food and beverage prices in Bermuda

Popular food products found on store shelves in Bermuda include bananas, rice, bread, onions, eggs, tomatoes, cheese, beef and potatoes, among others. Prices for a kilo of these products range from 6.15 BMD (5.88 EUR) for a kilo of onions to 24.57 BMD (23.51 EUR) for a kilo of beef. The price of white rice is 7.15 BMD (6.84 EUR) per kilo, while a loaf of fresh white bread costs 6.95 BMD (6.65 EUR) per half kilo. Bananas cost 7.37 BMD (7.05 EUR) per kilo, while apples cost 10.78 BMD (10.32 EUR) per kilo.

Water, available in 1.5-liter bottles, costs 3.52 BMD (3.37 EUR). Dairy prices in Bermuda, on the other hand, are as follows: 1 liter of milk costs about 4.12 BMD (3.94 EUR), and 1 kilogram of locally produced cheese is an expense of 13.26 BMD (12.69 EUR). Chicken filet, which is a common ingredient in meat dishes, costs in the range of 23.29 BMD (22.29 EUR) per kilo. Eggs (12 pieces per package) are an expense of about 6.42 BMD (6.14 EUR), and the average price of tomatoes is 7.42 BMD (7.1 EUR) per kilo.

What is the typical cost for an affordable meal?

Prices in restaurants in Bermuda vary and depend on several factors, such as the type of restaurant, location and time of day. For instance, a Cappuccino typically costs around 5.53 BMD (5.29 EUR), while a 0.33-liter bottle of Coca-Cola or Pepsi is priced at approximately 3 BMD (2.87 EUR). At a fast-food restaurant such as McDonald's, you can expect to pay 15 BMD (14.35 EUR) for a meal, whereas a meal for two at a mid-range restaurant could cost around 150 BMD (144 EUR). Budget-friendly dining options are also available, with some restaurants offering meals for as little as 40 BMD (38.28 EUR).

How much does transportation cost in Bermuda?

The average expense of a one-way trip using local transportation stands at approximately 4 BMD (3.83 EUR), while a monthly ticket for public transportation has an average cost of roughly 69 BMD (66.03 EUR). Choosing to travel by taxi would entail an initial fee of 5.96 BMD (5.7 EUR), along with a per-kilometer charge of 2.48 BMD (2.37 EUR).

How much does it cost to rent an apartment in Bermuda?

The cost of renting or buying an apartment in Bermuda varies according to its location. On average, renting an apartment with one bedroom and a living room outside the city center costs approximately 2228 BMD (2132 EUR) per month, while the same type of apartment in the city center can cost around 3338 BMD (3194 EUR) per month. In comparison, the purchase price of an apartment in the city center is 8818 BMD (8438 EUR) per square meter.