Cost of Living Comparison Between Bermuda and Canada Cost of Living Comparison Between Bermuda and Canada

Monthly Cost of Living

A single person spends $4,365 per month in Bermuda vs $2,319 in Canada, rent included.

A couple spends around $8,207 per month in Bermuda vs $3,378 in Canada, rent included.

A family of three spends $12.0K per month in Bermuda vs $4,437 in Canada, rent included.

The cost of living in Bermuda is about 88% higher than in Canada on average – the gap runs across housing, groceries, transport, and services.

Both Bermuda and Canada are pricier than the global median – Bermuda by 227%, Canada by 74%.

The regional cost range is wider in Bermuda ($2,339$6,589) than in Canada ($1,332$3,143), so city choice matters more there.

Currency
🍽 Eating Out
Bermuda
Canada
Difference
Meal at Budget Restaurant
$60.2 BMD 60.2
$18.63 CA$26.21
223.24%
Three-Course Dinner for Two, Mid-Range
$164 BMD 164
$74.0 CA$104
122.00%
Fast Food Meal (McDonalds, etc)
$15.28 BMD 15.28
$10.92 CA$15.37
39.93%
Cappuccino
$5.97 BMD 5.97
$3.76 CA$5.29
58.78%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.49 BMD 3.49
$2.19 CA$3.08
59.36%
Water (0.33 liter bottle)
$3.20 BMD 3.20
$1.74 CA$2.44
83.91%
Local Beer (0.5 liter draught)
$9.80 BMD 9.80
$5.93 CA$8.34
65.26%
Imported Beer (0.33 liter bottle)
$8.71 BMD 8.71
$5.95 CA$8.38
46.39%
🛒 Groceries & Markets
Bermuda
Canada
Difference
Milk (1 liter)
$5.00 BMD 5.00
$2.28 CA$3.21
119.30%
White Bread (500g)
$8.46 BMD 8.46
$2.67 CA$3.76
216.85%
Rice (white) (1kg)
$5.08 BMD 5.08
$3.78 CA$5.32
34.39%
Eggs
$7.98 BMD 7.98
$3.50 CA$4.92
128.00%
Local Cheese (1kg)
$10.71 BMD 10.71
$11.70 CA$16.46
-8.46%
Chicken Fillets (1kg)
$28.51 BMD 28.51
$12.30 CA$17.31
131.79%
Beef Round Steak (1kg)
$21.22 BMD 21.22
$15.44 CA$21.73
37.44%
Apples (1kg)
$10.61 BMD 10.61
$4.28 CA$6.02
147.90%
Banana (1kg)
$6.90 BMD 6.90
$1.45 CA$2.04
375.86%
Oranges (1kg)
$10.24 BMD 10.24
$4.01 CA$5.64
155.36%
Tomato (1kg)
$8.60 BMD 8.60
$4.27 CA$6.00
101.41%
Potato (1kg)
$7.96 BMD 7.96
$2.69 CA$3.78
195.91%
Onion (1kg)
$6.18 BMD 6.18
$2.65 CA$3.72
133.21%
Lettuce (1 head)
$5.93 BMD 5.93
$2.64 CA$3.71
124.62%
Water (1.5 liter bottle)
$4.12 BMD 4.12
$1.89 CA$2.66
117.99%
Cigarettes 20 Pack (Marlboro, Camel)
$18.35 BMD 18.35
$14.77 CA$20.78
24.24%
Wine (Bottle)
$25.48 BMD 25.48
$13.32 CA$18.74
91.29%
Local Beer (0.5 liter bottle)
$5.27 BMD 5.27
$2.96 CA$4.17
78.04%
Imported Beer (0.33 liter bottle)
$4.44 BMD 4.44
$3.28 CA$4.61
35.37%
🚌 Getting Around
Bermuda
Canada
Difference
One-way Ticket (Public Transport)
$4.45 BMD 4.45
$2.62 CA$3.68
69.85%
Public Transport Monthly Pass (Regular Price)
$67.8 BMD 67.8
$78.1 CA$110
-13.21%
Taxi Start (Normal Tariff)
$6.10 BMD 6.10
$3.42 CA$4.81
78.36%
Taxi (Normal Tariff) (1km)
$3.31 BMD 3.31
$1.50 CA$2.10
120.67%
Taxi 1hour Waiting (Normal Tariff)
$52.9 BMD 52.9
$29.07 CA$40.91
82.04%
Gasoline (1 liter)
$2.31 BMD 2.31
$1.20 CA$1.69
92.50%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$34.4K BMD 34.4K
$25.5K CA$35.8K
34.97%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$39.7K BMD 39.7K
$20.6K CA$28.9K
93.04%
🧾 Monthly Utilities & Internet
Bermuda
Canada
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$231 BMD 231
$152 CA$213
52.12%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$120 BMD 120
$46.70 CA$65.7
156.77%
Internet (50+ Mbps, Unlimited Data)
$157 BMD 157
$61.8 CA$87.0
154.17%
🎉 Sport & Entertainment
Bermuda
Canada
Difference
Gym Membership (Monthly)
$178 BMD 178
$43.36 CA$61.0
309.80%
Tennis Court (1 Hour on Weekend)
$47.43 BMD 47.43
$18.05 CA$25.40
162.77%
Cinema Ticket
$13.49 BMD 13.49
$11.51 CA$16.19
17.20%
🧸 Childcare & Education
Bermuda
Canada
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,334 BMD 1,334
$806 CA$1,134
65.51%
International Primary School, 1 Child (Yearly)
$24.3K BMD 24.3K
$12.1K CA$17.1K
100.36%
👕👟 Clothing & Footwear
Bermuda
Canada
Difference
Jeans (Levis 501 Or Similar)
$74.3 BMD 74.3
$55.4 CA$77.9
34.18%
Summer Dress (H&M, Zara, etc)
$61.1 BMD 61.1
$41.80 CA$58.8
46.10%
Sport Shoes (Adidas, Nike)
$138 BMD 138
$89.7 CA$126
54.30%
Men's Leather Business Shoes
$128 BMD 128
$106 CA$149
20.69%
🏠 Accommodation & Living
Bermuda
Canada
Difference
1-bedroom Apartment, City Center (Monthly)
$3,434 BMD 3,434
$1,329 CA$1,870
158.32%
1-bedroom Apartment, Outside City Center (Monthly)
$2,440 BMD 2,440
$1,207 CA$1,698
102.22%
3-bedroom Apartment, City Center (Monthly)
$8,180 BMD 8,180
$2,112 CA$2,972
287.31%
3-bedroom Apartment, Outside City Center (Monthly)
$7,282 BMD 7,282
$1,833 CA$2,579
297.24%
Buy Apartment in City Center (m2)
$14.7K BMD 14.7K
$4,639 CA$6,527
215.94%
Buy Apartment Outside City Center (m2)
$9,078 BMD 9,078
$3,849 CA$5,415
135.88%
💵 Salaries & Financials
Bermuda
Canada
Difference
Average Monthly Net Salary (After Tax)
$6,906 BMD 6,906
$2,948 CA$4,148
134.24%
20-Year Fixed Mortgage Interest Rate (Annual %)
7.08
6.33
11.85%

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

Last update for Bermuda: July 12, 2026

Last update for Canada: July 14, 2026

Cost Breakdown

Average rent: $2,869 in Bermuda vs $1,281 in Canada. For reference, capital cities sit at $3,377 in Hamilton and $1,481 in Ottawa.

Average salary: $8,158 in Bermuda vs $2,904 in Canada. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 124% higher in Bermuda.

Dining out costs 156% more in Bermuda.

Public transport is 141% more expensive in Canada.

Salaries are 181% 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 Canada: Cost of Living - Frequently Asked Questions
How do Bermuda and Canada compare in cost of living?
Canada is the cheaper option – living costs run roughly 100% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
How do rents compare between Bermuda and Canada?
Housing costs more in Bermuda, and the gap is biggest in capital cities. Regional towns show less difference, but Bermuda consistently has higher rents.
Where are groceries and transport cheaper: Bermuda or Canada?
Groceries, transport, and utilities all cost less in Canada, contributing to the overall 100% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
How far does $2,500 go in Bermuda compared to Canada?
$2,500 buys a comfortable lifestyle in Canada, but in Bermuda it only works with careful planning outside the capital. Same money, very different lives.
How do I choose between living in Bermuda and in Canada?
Canada 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