Last update: Oct 2026

Cost of Living Comparison Between Bermuda and Canada

Name: Canada
Address: CA

For one person, living is cheaper in Canada: $2,310 a month against $5,211 in Bermuda, rent and utilities included – about $34,800 less a year. Rent and utilities account for about half of the difference.

251

Cost of Living Index in Bermuda
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Bermuda Living Index
111

Cost of Living Index in Canada
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Canada Living Index

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🇧🇲 Bermuda

$5,211

/mo nomad

🇨🇦 Canada

$2,310

/mo nomad

Monthly Cost of Living

How much you'll spend in Bermuda and in Canada

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Bermuda and in Canada actually costs, broken down by who's living it.

A single person spends $5,211 per month in Bermuda vs $2,310 in Canada, rent included.

Bermuda $5,211
Canada $2,310

A couple spends around $9,034 per month in Bermuda vs $3,356 in Canada, rent included.

Bermuda $9,034
Canada $3,356

A family of three spends $12.9K per month in Bermuda vs $4,403 in Canada, rent included.

Bermuda $12.9K
Canada $4,403

Cost ranges are similar: Bermuda spans $2,374–$5,399, Canada $889–$3,737. City choice affects budget similarly in either country.

The cost of living in Bermuda is about 126% higher than in Canada on average.

Both Bermuda and Canada are pricier than the global median – Bermuda by 283%, Canada by 70%.

Meal at Budget Restaurant

$54.3 BMD 54.3

$18.16 CA$25.47

198.73%

Three-Course Dinner for Two, Mid-Range

$152 BMD 152

$71.2 CA$99.9

113.38%

Fast Food Meal (McDonalds, etc)

$17.99 BMD 17.99

$10.81 CA$15.16

66.42%

Cappuccino

$6.81 BMD 6.81

$3.78 CA$5.30

80.16%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.45 BMD 3.45

$2.11 CA$2.97

63.51%

Water (0.33 liter bottle)

$3.25 BMD 3.25

$1.66 CA$2.33

95.78%

Local Beer (0.5 liter draught)

$7.93 BMD 7.93

$5.62 CA$7.88

41.10%

Imported Beer (0.33 liter bottle)

$8.81 BMD 8.81

$5.72 CA$8.02

54.02%

Milk (1 liter)

$5.17 BMD 5.17

$2.17 CA$3.05

138.25%

White Bread (500g)

$8.31 BMD 8.31

$2.60 CA$3.65

219.62%

Rice (white) (1kg)

$5.17 BMD 5.17

$3.65 CA$5.12

41.64%

Eggs

$7.80 BMD 7.80

$3.63 CA$5.09

114.88%

Local Cheese (1kg)

$18.50 BMD 18.50

$10.76 CA$15.09

71.93%

Chicken Fillets (1kg)

$22.47 BMD 22.47

$11.90 CA$16.68

88.82%

Beef Round Steak (1kg)

$24.68 BMD 24.68

$15.42 CA$21.62

60.05%

Apples (1kg)

$12.19 BMD 12.19

$4.03 CA$5.65

202.48%

Banana (1kg)

$7.52 BMD 7.52

$1.38 CA$1.94

444.93%

Oranges (1kg)

$9.50 BMD 9.50

$3.88 CA$5.43

144.85%

Tomato (1kg)

$10.48 BMD 10.48

$4.08 CA$5.72

156.86%

Potato (1kg)

$7.89 BMD 7.89

$2.57 CA$3.60

207.00%

Onion (1kg)

$7.91 BMD 7.91

$2.48 CA$3.47

218.95%

Lettuce (1 head)

$6.18 BMD 6.18

$2.65 CA$3.71

133.21%

Water (1.5 liter bottle)

$4.66 BMD 4.66

$1.71 CA$2.40

172.51%

Cigarettes 20 Pack (Marlboro, Camel)

$18.49 BMD 18.49

$14.32 CA$20.08

29.12%

Wine (Bottle)

$25.06 BMD 25.06

$13.49 CA$18.91

85.77%

Local Beer (0.5 liter bottle)

$7.55 BMD 7.55

$2.84 CA$3.98

165.85%

Imported Beer (0.33 liter bottle)

$4.23 BMD 4.23

$3.30 CA$4.63

28.18%

One-way Ticket (Public Transport)

$4.67 BMD 4.67

$2.55 CA$3.58

83.14%

Public Transport Monthly Pass (Regular Price)

$70.0 BMD 70.0

$71.9 CA$101

-2.72%

Taxi Start (Normal Tariff)

$6.56 BMD 6.56

$3.18 CA$4.46

106.29%

Taxi (Normal Tariff) (1km)

$2.47 BMD 2.47

$1.54 CA$2.16

60.39%

Taxi 1hour Waiting (Normal Tariff)

$70.2 BMD 70.2

$26.69 CA$37.42

162.83%

Gasoline (1 liter)

$2.23 BMD 2.23

$1.24 CA$1.74

79.84%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$35.4K BMD 35.4K

$27.9K CA$39.1K

27.00%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$40.9K BMD 40.9K

$21.1K CA$29.5K

94.33%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$288 BMD 288

$147 CA$207

95.47%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$161 BMD 161

$41.80 CA$58.6

284.38%

Internet (50+ Mbps, Unlimited Data)

$161 BMD 161

$60.2 CA$84.4

166.62%

Gym Membership (Monthly)

$193 BMD 193

$39.01 CA$54.7

393.51%

Tennis Court (1 Hour on Weekend)

$15.15 BMD 15.15

$19.06 CA$26.73

-20.51%

Cinema Ticket

$13.73 BMD 13.73

$11.21 CA$15.72

22.48%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,338 BMD 1,338

$721 CA$1,011

85.58%

International Primary School, 1 Child (Yearly)

$25.1K BMD 25.1K

$14.8K CA$20.8K

69.08%

Jeans (Levis 501 Or Similar)

$90.3 BMD 90.3

$55.3 CA$77.5

63.29%

Summer Dress (H&M, Zara, etc)

$69.8 BMD 69.8

$38.95 CA$54.6

79.31%

Sport Shoes (Adidas, Nike)

$143 BMD 143

$87.4 CA$123

63.63%

Men's Leather Business Shoes

$131 BMD 131

$101 CA$142

29.30%

1-bedroom Apartment, City Center (Monthly)

$3,613 BMD 3,613

$1,290 CA$1,809

180.00%

1-bedroom Apartment, Outside City Center (Monthly)

$2,583 BMD 2,583

$1,130 CA$1,584

128.60%

3-bedroom Apartment, City Center (Monthly)

$8,371 BMD 8,371

$2,036 CA$2,855

311.11%

3-bedroom Apartment, Outside City Center (Monthly)

$6,913 BMD 6,913

$1,731 CA$2,427

299.45%

Buy Apartment in City Center (m2)

$14.7K BMD 14.7K

$4,769 CA$6,687

207.59%

Buy Apartment Outside City Center (m2)

$9,013 BMD 9,013

$3,730 CA$5,230

141.65%

Average Monthly Net Salary (After Tax)

$6,916 BMD 6,916

$3,070 CA$4,304

125.31%

20-Year Fixed Mortgage Interest Rate (Annual %)

8.63

4.87

77.21%

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

Last update for Bermuda: October 24, 2026

Last update for Canada: October 26, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Bermuda

$2.6K 49.6%

Canada

$1.1K 48.9% 56.3% $1.5K

Groceries & Markets

Bermuda

$842 16.2%

Canada

$371 16.1% 55.9% $471

Eating Out

Bermuda

$654 12.6%

Canada

$278 12% 57.5% $376

Monthly Utilities & Internet

Bermuda

$609 11.7%

Canada

$249 10.8% 59.1% $360

Sport & Entertainment

Bermuda

$220 4.2%

Canada

$61 2.7% 72.1% $159

Clothing & Footwear

Bermuda

$195 3.8%

Canada

$127 5.5% 34.8% $68

Getting Around

Bermuda

$108 2.1%

Canada

$93 4% 13.5% $15

Cost Breakdown

Average rent: $3,696 in Bermuda vs $1,250 in Canada. For reference, capital cities sit at $3,924 in Hamilton and $1,434 in Ottawa.

Average salary: $7,044 in Bermuda vs $2,968 in Canada. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 196% higher in Bermuda.

Dining out costs 136% more in Bermuda.

Public transport is 50% more expensive in Bermuda.

Salaries are about 2.4 times higher in Bermuda.

Good to know

🇧🇲 Bermuda

🇨🇦 Canada

🕒 Local time

05:12 5:12 AM

04:12 4:12 AM

1 h behind Bermuda

🌤 Weather

👥 Population

65,024

36,991,981

💱 Currency

Bermudian Dollar BMD $

Canadian Dollar CAD $

📈 Exchange rate

1 BMD = 1 USD

1 BMD = 0.899 EUR

1 CAD = 0.713 USD

1 CAD = 0.641 EUR

Exchange rates and currency converter

CAD, USD, EUR to BMD – Bermudian Dollar Converter

🇺🇸 United States Dollar ($)

🇧🇲 Bermudian Dollar ($)

Bermudian Dollar exchange rates as of October 28, 2026: 1 USD = 1 BMD (1 BMD = 1 USD). 1 EUR = 1.11 BMD (1 BMD = 0.899 EUR).

Canadian Dollar exchange rates as of October 28, 2026: 1 USD = 1.4 CAD (1 CAD = 0.713 USD). 1 EUR = 1.56 CAD (1 CAD = 0.641 EUR).

USD to BMD in detail →

On the map

Lowest

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Between locations

Bermuda Canada 1,730 km ≈ 2 h 45 min nonstop flight

From you

Bermuda
Canada

Distances are measured in a straight line. Your location is detected approximately.

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

Canada is the cheaper option – living costs run roughly 56% lower on average.

Housing costs more in Bermuda: a central one-bedroom averages $3,696 versus $1,250 in Canada.

Groceries, public transport, and eating out all cost less in Canada, adding to the overall 126% price gap.

Canada is the budget-friendly choice for expats. But cost isn’t everything: visa policies, language, healthcare quality, and job markets all weigh in too.