Cost of Living Comparison Between Bermuda and Australia Cost of Living Comparison Between Bermuda and Australia

Monthly Cost of Living

A single person spends $4,364 per month in Bermuda vs $2,182 in Australia, rent included.

A couple spends around $8,203 per month in Bermuda vs $3,216 in Australia, rent included.

A family of three spends $12.0K per month in Bermuda vs $4,250 in Australia, rent included.

Bermuda costs about 100% more than Australia on average – the gap runs across housing, groceries, transport, and services.

Both Bermuda and Australia are pricier than the global median – Bermuda by 226%, Australia by 63%.

Bermuda has a wider regional cost range ($2,356$6,516) than Australia ($1,579$2,759), so location matters more when choosing where to live in Bermuda.

Currency
🍽 Eating Out
Bermuda
Australia
Difference
Meal at Budget Restaurant
$61.0 BMD 61.0
$16.17 A$22.54
277.37%
Three-Course Dinner for Two, Mid-Range
$165 BMD 165
$78.6 A$110
110.12%
Fast Food Meal (McDonalds, etc)
$14.97 BMD 14.97
$9.48 A$13.21
57.91%
Cappuccino
$6.06 BMD 6.06
$3.56 A$4.96
70.22%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.48 BMD 3.48
$2.60 A$3.62
33.85%
Water (0.33 liter bottle)
$3.30 BMD 3.30
$2.21 A$3.08
49.32%
Local Beer (0.5 liter draught)
$10.02 BMD 10.02
$6.47 A$9.02
54.87%
Imported Beer (0.33 liter bottle)
$8.51 BMD 8.51
$7.19 A$10.02
18.36%
🛒 Groceries & Markets
Bermuda
Australia
Difference
Milk (1 liter)
$5.11 BMD 5.11
$1.56 A$2.18
227.56%
White Bread (500g)
$8.57 BMD 8.57
$2.53 A$3.53
238.74%
Rice (white) (1kg)
$5.18 BMD 5.18
$2.02 A$2.82
156.44%
Eggs
$8.37 BMD 8.37
$4.47 A$6.23
87.25%
Local Cheese (1kg)
$10.98 BMD 10.98
$8.86 A$12.35
23.93%
Chicken Fillets (1kg)
$28.36 BMD 28.36
$8.38 A$11.68
238.42%
Beef Round Steak (1kg)
$21.12 BMD 21.12
$13.71 A$19.10
54.05%
Apples (1kg)
$10.67 BMD 10.67
$3.23 A$4.50
230.34%
Banana (1kg)
$7.02 BMD 7.02
$2.84 A$3.96
147.18%
Oranges (1kg)
$10.11 BMD 10.11
$2.98 A$4.15
239.26%
Tomato (1kg)
$8.82 BMD 8.82
$4.38 A$6.10
101.37%
Potato (1kg)
$8.11 BMD 8.11
$2.45 A$3.41
231.02%
Onion (1kg)
$6.24 BMD 6.24
$2.11 A$2.94
195.73%
Lettuce (1 head)
$5.90 BMD 5.90
$2.16 A$3.02
173.15%
Water (1.5 liter bottle)
$4.30 BMD 4.30
$1.58 A$2.21
172.15%
Cigarettes 20 Pack (Marlboro, Camel)
$18.10 BMD 18.10
$30.61 A$42.65
-40.87%
Wine (Bottle)
$25.29 BMD 25.29
$14.23 A$19.83
77.72%
Local Beer (0.5 liter bottle)
$5.44 BMD 5.44
$4.55 A$6.34
19.56%
Imported Beer (0.33 liter bottle)
$4.44 BMD 4.44
$4.91 A$6.84
-9.57%
🚌 Getting Around
Bermuda
Australia
Difference
One-way Ticket (Public Transport)
$4.61 BMD 4.61
$2.89 A$4.03
59.52%
Public Transport Monthly Pass (Regular Price)
$70.0 BMD 70.0
$97.5 A$136
-28.20%
Taxi Start (Normal Tariff)
$6.37 BMD 6.37
$3.54 A$4.94
79.94%
Taxi (Normal Tariff) (1km)
$3.33 BMD 3.33
$1.75 A$2.43
90.29%
Taxi 1hour Waiting (Normal Tariff)
$53.1 BMD 53.1
$38.10 A$53.1
39.32%
Gasoline (1 liter)
$2.30 BMD 2.30
$1.16 A$1.62
98.28%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.7K BMD 34.7K
$28.8K A$40.1K
20.60%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$38.8K BMD 38.8K
$23.2K A$32.3K
67.40%
🧾 Monthly Utilities & Internet
Bermuda
Australia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$236 BMD 236
$179 A$249
32.04%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$120 BMD 120
$26.75 A$37.27
347.40%
Internet (50+ Mbps, Unlimited Data)
$158 BMD 158
$53.7 A$74.8
193.35%
🎉 Sport & Entertainment
Bermuda
Australia
Difference
Gym Membership (Monthly)
$181 BMD 181
$48.44 A$67.5
274.17%
Tennis Court (1 Hour on Weekend)
$47.44 BMD 47.44
$16.88 A$23.52
181.04%
Cinema Ticket
$13.37 BMD 13.37
$13.61 A$18.97
-1.76%
🧸 Childcare & Education
Bermuda
Australia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,345 BMD 1,345
$1,605 A$2,236
-16.21%
International Primary School, 1 Child (Yearly)
$24.2K BMD 24.2K
$12.7K A$17.7K
90.14%
👕👟 Clothing & Footwear
Bermuda
Australia
Difference
Jeans (Levis 501 Or Similar)
$74.4 BMD 74.4
$71.4 A$99.5
4.16%
Summer Dress (H&M, Zara, etc)
$59.7 BMD 59.7
$50.0 A$69.7
19.23%
Sport Shoes (Adidas, Nike)
$137 BMD 137
$99.8 A$139
37.16%
Men's Leather Business Shoes
$125 BMD 125
$109 A$152
14.93%
🏠 Accommodation & Living
Bermuda
Australia
Difference
1-bedroom Apartment, City Center (Monthly)
$3,473 BMD 3,473
$1,385 A$1,930
150.74%
1-bedroom Apartment, Outside City Center (Monthly)
$2,468 BMD 2,468
$1,076 A$1,500
129.30%
3-bedroom Apartment, City Center (Monthly)
$8,179 BMD 8,179
$2,284 A$3,183
258.08%
3-bedroom Apartment, Outside City Center (Monthly)
$7,486 BMD 7,486
$1,757 A$2,448
326.06%
Buy Apartment in City Center (m2)
$14.7K BMD 14.7K
$7,462 A$10.4K
97.05%
Buy Apartment Outside City Center (m2)
$9,130 BMD 9,130
$5,617 A$7,827
62.54%
💵 Salaries & Financials
Bermuda
Australia
Difference
Average Monthly Net Salary (After Tax)
$7,052 BMD 7,052
$4,070 A$5,672
73.28%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.08
6.35
11.50%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Bermuda: May 30, 2026

Last update for Australia: June 1, 2026

Cost Breakdown

Average rent: $2,847 in Bermuda vs $1,233 in Australia. For reference, capital cities sit at $3,342 in Hamilton and $1,548 in Canberra.

Average salary: $8,124 in Bermuda vs $3,906 in Australia. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 131% higher in Bermuda.

Dining out costs 125% more in Bermuda.

Public transport is 148% more expensive in Australia.

Salaries are 108% higher 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 105% 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 105% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
Is $2,500 a realistic budget in Australia or 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 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.

Bermuda vs other spots: cost of living compared