😐A single person spends $4,264 per month in Bermuda vs $2,547 in Australia, rent included.
😐A couple spends around $7,690 per month in Bermuda vs $3,678 in Australia, rent included.
😐A family of three spends $11.1K per month in Bermuda vs $4,808 in Australia, rent included.
🌍The cost of living in Bermuda is about 67% higher than in Australia on average – the gap runs across housing, groceries, transport, and services.
📊Both Bermuda and Australia are pricier than the global median – Bermuda by 209%, Australia by 85%.
📏The regional cost range is wider in Bermuda ($2,337–$5,489) than in Australia ($1,218–$3,352), so city choice matters more there.
Currency
🍽 Eating Out
Bermuda
Australia
Difference
Meal at Budget Restaurant
$55.6BMD 55.6
$17.74A$24.73
213.53%
Three-Course Dinner for Two, Mid-Range
$149BMD 149
$86.9A$121
71.93%
Fast Food Meal(McDonalds, etc)
$18.28BMD 18.28
$11.35A$15.82
61.06%
Cappuccino
$6.80BMD 6.80
$3.99A$5.57
70.43%
Coke/Pepsi/Fanta/Sprite(0.33 liter bottle)
$3.43BMD 3.43
$2.97A$4.14
15.49%
Water(0.33 liter bottle)
$3.24BMD 3.24
$2.51A$3.50
29.08%
Local Beer(0.5 liter draught)
$7.87BMD 7.87
$7.75A$10.80
1.55%
Imported Beer(0.33 liter bottle)
$8.79BMD 8.79
$8.07A$11.25
8.92%
🛒 Groceries & Markets
Bermuda
Australia
Difference
Milk(1 liter)
$5.26BMD 5.26
$1.76A$2.46
198.86%
White Bread(500g)
$8.98BMD 8.98
$2.87A$4.00
212.89%
Rice(white)(1kg)
$5.11BMD 5.11
$2.37A$3.31
115.61%
Eggs
$8.36BMD 8.36
$5.11A$7.13
63.60%
Local Cheese(1kg)
$19.14BMD 19.14
$10.13A$14.13
88.94%
Chicken Fillets(1kg)
$23.63BMD 23.63
$9.57A$13.35
146.92%
Beef Round Steak(1kg)
$22.36BMD 22.36
$15.59A$21.74
43.43%
Apples(1kg)
$12.34BMD 12.34
$3.83A$5.34
222.19%
Banana(1kg)
$7.72BMD 7.72
$3.13A$4.36
146.65%
Oranges(1kg)
$10.29BMD 10.29
$3.35A$4.67
207.16%
Tomato(1kg)
$10.17BMD 10.17
$4.88A$6.80
108.40%
Potato(1kg)
$8.33BMD 8.33
$2.92A$4.07
185.27%
Onion(1kg)
$10.22BMD 10.22
$2.36A$3.29
333.05%
Lettuce(1 head)
$6.58BMD 6.58
$2.46A$3.43
167.48%
Water(1.5 liter bottle)
$4.70BMD 4.70
$1.70A$2.38
176.47%
Cigarettes 20 Pack(Marlboro, Camel)
$19.32BMD 19.32
$39.46A$55.0
-51.04%
Wine(Bottle)
$24.58BMD 24.58
$14.69A$20.48
67.32%
Local Beer(0.5 liter bottle)
$7.37BMD 7.37
$5.07A$7.07
45.36%
Imported Beer(0.33 liter bottle)
$4.45BMD 4.45
$5.36A$7.48
-16.98%
🚌 Getting Around
Bermuda
Australia
Difference
One-way Ticket(Public Transport)
$4.84BMD 4.84
$2.84A$3.96
70.42%
Public Transport Monthly Pass(Regular Price)
$68.4BMD 68.4
$97.3A$136
-29.69%
Taxi Start(Normal Tariff)
$6.68BMD 6.68
$3.56A$4.96
87.64%
Taxi(Normal Tariff)(1km)
$2.42BMD 2.42
$1.68A$2.34
44.05%
Taxi 1hour Waiting(Normal Tariff)
$68.6BMD 68.6
$40.94A$57.1
67.64%
Gasoline(1 liter)
$2.12BMD 2.12
$1.35A$1.88
57.04%
Midsize Hatchback 1.4l(Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$32.4KBMD 32.4K
$29.1KA$40.5K
11.41%
Compact Sedan 1.6l(Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$42.3KBMD 42.3K
$29.5KA$41.1K
43.39%
🧾 Monthly Utilities & Internet
Bermuda
Australia
Difference
Utilities for 2 People in 2-bedroom Apartment(Heating, Electricity, Gas, Water, Garbage)(85m2)
$249BMD 249
$207A$289
20.12%
SIM Card Monthly Plan(Calls and 10GB+ Data)
$157BMD 157
$29.34A$40.91
434.15%
Internet(50+ Mbps, Unlimited Data)
$152BMD 152
$60.0A$83.7
154.05%
🎉 Sport & Entertainment
Bermuda
Australia
Difference
Gym Membership(Monthly)
$189BMD 189
$59.3A$82.6
218.49%
Tennis Court(1 Hour on Weekend)
$14.74BMD 14.74
$20.28A$28.27
-27.32%
Cinema Ticket
$13.59BMD 13.59
$16.04A$22.36
-15.27%
🧸 Childcare & Education
Bermuda
Australia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child(Monthly)
$1,353BMD 1,353
$2,194A$3,059
-38.32%
International Primary School, 1 Child(Yearly)
$24.7KBMD 24.7K
$18.6KA$26.0K
32.42%
👕👟 Clothing & Footwear
Bermuda
Australia
Difference
Jeans(Levis 501 Or Similar)
$89.0BMD 89.0
$81.1A$113
9.74%
Summer Dress(H&M, Zara, etc)
$71.4BMD 71.4
$56.9A$79.3
25.46%
Sport Shoes(Adidas, Nike)
$145BMD 145
$119A$165
22.29%
Men's Leather Business Shoes
$127BMD 127
$126A$176
0.47%
🏠 Accommodation & Living
Bermuda
Australia
Difference
1-bedroom Apartment, City Center(Monthly)
$3,713BMD 3,713
$1,637A$2,282
126.84%
1-bedroom Apartment, Outside City Center(Monthly)
$2,453BMD 2,453
$1,306A$1,821
87.85%
3-bedroom Apartment, City Center(Monthly)
$8,502BMD 8,502
$2,589A$3,609
228.42%
3-bedroom Apartment, Outside City Center(Monthly)
$7,058BMD 7,058
$1,963A$2,737
259.61%
Buy Apartment in City Center(m2)
$14.7KBMD 14.7K
$8,394A$11.7K
75.47%
Buy Apartment Outside City Center(m2)
$8,853BMD 8,853
$6,140A$8,560
44.19%
💵 Salaries & Financials
Bermuda
Australia
Difference
Average Monthly Net Salary(After Tax)
$6,860BMD 6,860
$4,067A$5,670
68.68%
20-Year Fixed Mortgage Interest Rate(Annual %)
8.63
5.93
45.53%
CityCost data is based on AI and user input – minor inaccuracies may occur.
Last update for Bermuda: September 5, 2026
Last update for Australia: September 6, 2026
Cost Breakdown
🏠Average rent: $2,918 in Bermuda vs $1,426 in Australia. For reference, capital cities sit at $3,714 in Hamilton and $1,845 in Canberra.
💰Average salary: $7,161 in Bermuda vs $3,945 in Australia. The income gap affects purchasing power and how far your budget stretches in each country.
Cost Highlights
⭐Rent is 105% higher in Bermuda.
⭐Dining out costs 75% more in Bermuda.
⭐Public transport is 95% more expensive in Australia.
⭐Salaries are 82% higher in Bermuda, and purchasing power comes out stronger in Bermuda.
City Median Internet Speeds Comparison (Updated April 2026)
The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.
Digital Nomad Cost of Living Index
Bermuda vs Australia: Cost of Living - Frequently Asked Questions
Is Australia more expensive than Bermuda?
Australia is the cheaper option – living costs run roughly 71% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
Which country has higher housing costs?
Housing costs more in Bermuda, and the gap is biggest in capital cities. Regional towns show less difference, but Bermuda consistently has higher rents.
Which country is cheaper for everyday spending?
Groceries, transport, and utilities all cost less in Australia, contributing to the overall 71% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
Is $2,500 a realistic budget in Australia or in Bermuda?
$2,500 buys a comfortable lifestyle in Australia, but in Bermuda it only works with careful planning outside the capital. Same money, very different lives.
Should I move to Australia or to Bermuda?
Australia is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.