Last update: Oct 2026

Cost of Living Comparison Between Bermuda and Mexico

For one person, living is cheaper in Mexico: $1,274 a month against $5,211 in Bermuda, rent and utilities included – about $47,200 less a year. Rent and utilities account for most of the difference.

Bermuda
Mexico
🇧🇲 Bermuda
$5,211
/mo nomad
🇲🇽 Mexico
$1,274
/mo nomad
Monthly Cost of Living

How much you'll spend in Bermuda and in Mexico

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 Mexico actually costs, broken down by who's living it.

A single person spends $5,211 per month in Bermuda vs $1,274 in Mexico, rent included.

  • Bermuda $5,211
  • Mexico $1,274

A couple spends around $9,034 per month in Bermuda vs $2,010 in Mexico, rent included.

  • Bermuda $9,034
  • Mexico $2,010

A family of three spends $12.9K per month in Bermuda vs $2,746 in Mexico, rent included.

  • Bermuda $12.9K
  • Mexico $2,746

The regional cost range is wider in Bermuda ($2,374–$5,399) than in Mexico ($730–$2,625), so city choice matters more there.

The cost of living in Bermuda is about 309% higher than in Mexico on average.

Bermuda sits 283% above the global median, while Mexico is 6% below – they fall on opposite sides of the world average.

Currency
🍽 Eating Out
Bermuda
Mexico
Difference
Meal at Budget Restaurant
$54.3 BMD 54.3
$10.63 MX$199
410.35%
Three-Course Dinner for Two, Mid-Range
$152 BMD 152
$43.29 MX$809
251.00%
Fast Food Meal (McDonalds, etc)
$17.99 BMD 17.99
$8.94 MX$167
101.23%
Cappuccino
$6.81 BMD 6.81
$3.61 MX$67.4
88.64%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.45 BMD 3.45
$1.48 MX$27.57
133.11%
Water (0.33 liter bottle)
$3.25 BMD 3.25
$1.00 MX$18.68
225.00%
Local Beer (0.5 liter draught)
$7.93 BMD 7.93
$2.67 MX$49.80
197.00%
Imported Beer (0.33 liter bottle)
$8.81 BMD 8.81
$4.37 MX$81.6
101.60%
🛒 Groceries & Markets
Bermuda
Mexico
Difference
Milk (1 liter)
$5.17 BMD 5.17
$1.59 MX$29.63
225.16%
White Bread (500g)
$8.31 BMD 8.31
$2.67 MX$49.98
211.24%
Rice (white) (1kg)
$5.17 BMD 5.17
$1.68 MX$31.42
207.74%
Eggs
$7.80 BMD 7.80
$2.52 MX$47.16
209.52%
Local Cheese (1kg)
$18.50 BMD 18.50
$8.79 MX$164
110.47%
Chicken Fillets (1kg)
$22.47 BMD 22.47
$7.97 MX$149
181.93%
Beef Round Steak (1kg)
$24.68 BMD 24.68
$11.50 MX$215
114.61%
Apples (1kg)
$12.19 BMD 12.19
$2.76 MX$51.5
341.67%
Banana (1kg)
$7.52 BMD 7.52
$1.52 MX$28.48
394.74%
Oranges (1kg)
$9.50 BMD 9.50
$1.95 MX$36.52
387.18%
Tomato (1kg)
$10.48 BMD 10.48
$1.97 MX$36.75
431.98%
Potato (1kg)
$7.89 BMD 7.89
$1.96 MX$36.67
302.55%
Onion (1kg)
$7.91 BMD 7.91
$2.03 MX$37.90
289.66%
Lettuce (1 head)
$6.18 BMD 6.18
$1.43 MX$26.78
332.17%
Water (1.5 liter bottle)
$4.66 BMD 4.66
$1.14 MX$21.29
308.77%
Cigarettes 20 Pack (Marlboro, Camel)
$18.49 BMD 18.49
$4.52 MX$84.5
309.07%
Wine (Bottle)
$25.06 BMD 25.06
$10.87 MX$203
130.54%
Local Beer (0.5 liter bottle)
$7.55 BMD 7.55
$1.77 MX$32.99
326.55%
Imported Beer (0.33 liter bottle)
$4.23 BMD 4.23
$3.19 MX$59.6
32.60%
🚌 Getting Around
Bermuda
Mexico
Difference
One-way Ticket (Public Transport)
$4.67 BMD 4.67
$0.62 MX$11.59
653.23%
Public Transport Monthly Pass (Regular Price)
$70.0 BMD 70.0
$29.85 MX$558
134.41%
Taxi Start (Normal Tariff)
$6.56 BMD 6.56
$2.66 MX$49.74
146.62%
Taxi (Normal Tariff) (1km)
$2.47 BMD 2.47
$2.72 MX$50.8
-9.19%
Taxi 1hour Waiting (Normal Tariff)
$70.2 BMD 70.2
$10.63 MX$199
559.92%
Gasoline (1 liter)
$2.23 BMD 2.23
$1.40 MX$26.12
59.29%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$35.4K BMD 35.4K
$24.0K MX$447.9K
47.71%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$40.9K BMD 40.9K
$23.9K MX$446.9K
71.18%
🧾 Monthly Utilities & Internet
Bermuda
Mexico
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$288 BMD 288
$69.2 MX$1,293
316.44%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$161 BMD 161
$23.51 MX$439
583.41%
Internet (50+ Mbps, Unlimited Data)
$161 BMD 161
$29.00 MX$542
453.66%
🎉 Sport & Entertainment
Bermuda
Mexico
Difference
Gym Membership (Monthly)
$193 BMD 193
$34.74 MX$649
454.17%
Tennis Court (1 Hour on Weekend)
$15.15 BMD 15.15
$17.46 MX$326
-13.23%
Cinema Ticket
$13.73 BMD 13.73
$5.24 MX$98.0
162.02%
🧸 Childcare & Education
Bermuda
Mexico
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,338 BMD 1,338
$261 MX$4,869
413.55%
International Primary School, 1 Child (Yearly)
$25.1K BMD 25.1K
$5,999 MX$112.1K
318.42%
👕👟 Clothing & Footwear
Bermuda
Mexico
Difference
Jeans (Levis 501 Or Similar)
$90.3 BMD 90.3
$55.8 MX$1,043
61.62%
Summer Dress (H&M, Zara, etc)
$69.8 BMD 69.8
$41.58 MX$777
67.97%
Sport Shoes (Adidas, Nike)
$143 BMD 143
$96.3 MX$1,800
48.46%
Men's Leather Business Shoes
$131 BMD 131
$90.1 MX$1,683
45.38%
🏠 Accommodation & Living
Bermuda
Mexico
Difference
1-bedroom Apartment, City Center (Monthly)
$3,613 BMD 3,613
$713 MX$13.3K
406.83%
1-bedroom Apartment, Outside City Center (Monthly)
$2,583 BMD 2,583
$477 MX$8,912
441.62%
3-bedroom Apartment, City Center (Monthly)
$8,371 BMD 8,371
$1,358 MX$25.4K
516.37%
3-bedroom Apartment, Outside City Center (Monthly)
$6,913 BMD 6,913
$906 MX$16.9K
663.09%
Buy Apartment in City Center (m2)
$14.7K BMD 14.7K
$2,597 MX$48.5K
464.92%
Buy Apartment Outside City Center (m2)
$9,013 BMD 9,013
$1,565 MX$29.2K
475.85%
💵 Salaries & Financials
Bermuda
Mexico
Difference
Average Monthly Net Salary (After Tax)
$6,916 BMD 6,916
$773 MX$14.5K
794.21%
20-Year Fixed Mortgage Interest Rate (Annual %)
8.63
11.43
-24.50%

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

Last update for Bermuda: October 24, 2026

Last update for Mexico: October 25, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Bermuda
$2.6K
Mexico
$477 81.5% $2.1K
Groceries & Markets
Bermuda
$842
Mexico
$267 68.3% $575
Eating Out
Bermuda
$654
Mexico
$187 71.4% $467
Monthly Utilities & Internet
Bermuda
$609
Mexico
$122 80% $488
Sport & Entertainment
Bermuda
$220
Mexico
$45 79.4% $175
Clothing & Footwear
Bermuda
$195
Mexico
$128 34.6% $68
Getting Around
Bermuda
$108
Mexico
$49 54.8% $59

Cost Breakdown

Average rent: $3,696 in Bermuda vs $624 in Mexico. For reference, capital cities sit at $3,924 in Hamilton and $1,113 in Mexico City.

Average salary: $7,044 in Bermuda vs $722 in Mexico. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 492% higher in Bermuda.

Dining out costs 251% more in Bermuda.

Public transport is 219% more expensive in Bermuda.

Salaries are about 9.8 times higher in Bermuda, and purchasing power comes out stronger in Bermuda.

Good to know
🇧🇲 Bermuda
🇲🇽 Mexico
🕒 Local time
07:18 7:18 AM
04:18 4:18 AM
3 h behind Bermuda
🌤 Weather
👥 Population
65,024
124,777,324
💱 Currency
Exchange rates and currency converter

MXN, USD, EUR to BMD – Bermudian Dollar Converter

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).

Mexican Peso exchange rates as of October 28, 2026: 1 USD = 18.69 MXN (100 MXN = 5.35 USD). 1 EUR = 20.8 MXN (100 MXN = 4.81 EUR).

On the map
Between locations
  • Bermuda Mexico 3,700 km ≈ 5 h nonstop flight
From you
  • Bermuda
  • Mexico

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 Mexico: Cost of Living - Frequently Asked Questions
How do Bermuda and Mexico compare in cost of living?
Mexico is the cheaper option – living costs run roughly 76% lower on average.
How do rents compare between Bermuda and Mexico?
Housing costs more in Bermuda: a central one-bedroom averages $3,696 versus $624 in Mexico.
Where are groceries and transport cheaper: Bermuda or Mexico?
Groceries, public transport, and eating out all cost less in Mexico, adding to the overall 309% price gap.
How do I choose between living in Bermuda and in Mexico?
Mexico is the budget-friendly choice for expats. 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

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