Cost of Living Comparison Between Spain and Bermuda Cost of Living Comparison Between Spain and Bermuda

Monthly Cost of Living

A single person spends $1,642 per month in Spain vs $4,365 in Bermuda, rent included.

A couple spends around $2,393 per month in Spain vs $8,207 in Bermuda, rent included.

A family of three spends $3,144 per month in Spain vs $12.0K in Bermuda, rent included.

The cost of living in Spain is roughly 62% lower than in Bermuda on average – the gap runs across housing, groceries, transport, and services.

Both Spain and Bermuda are pricier than the global median – Spain by 23%, Bermuda by 227%.

The regional cost range is wider in Bermuda ($2,339$6,589) than in Spain ($1,125$3,182), so city choice matters more there.

Currency
🍽 Eating Out
Spain
Bermuda
Difference
Meal at Budget Restaurant
$16.46 €14.42
$60.2 BMD 60.2
-72.67%
Three-Course Dinner for Two, Mid-Range
$58.1 €50.9
$164 BMD 164
-64.66%
Fast Food Meal (McDonalds, etc)
$10.59 €9.27
$15.28 BMD 15.28
-30.69%
Cappuccino
$2.30 €2.01
$5.97 BMD 5.97
-61.47%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.59 €2.27
$3.49 BMD 3.49
-25.79%
Water (0.33 liter bottle)
$1.88 €1.65
$3.20 BMD 3.20
-41.25%
Local Beer (0.5 liter draught)
$3.41 €2.98
$9.80 BMD 9.80
-65.20%
Imported Beer (0.33 liter bottle)
$3.97 €3.47
$8.71 BMD 8.71
-54.42%
🛒 Groceries & Markets
Spain
Bermuda
Difference
Milk (1 liter)
$1.18 €1.03
$5.00 BMD 5.00
-76.40%
White Bread (500g)
$1.54 €1.35
$8.46 BMD 8.46
-81.80%
Rice (white) (1kg)
$1.59 €1.40
$5.08 BMD 5.08
-68.70%
Eggs
$3.05 €2.67
$7.98 BMD 7.98
-61.78%
Local Cheese (1kg)
$14.38 €12.59
$10.71 BMD 10.71
34.27%
Chicken Fillets (1kg)
$8.46 €7.40
$28.51 BMD 28.51
-70.33%
Beef Round Steak (1kg)
$15.94 €13.96
$21.22 BMD 21.22
-24.88%
Apples (1kg)
$2.54 €2.22
$10.61 BMD 10.61
-76.06%
Banana (1kg)
$2.08 €1.82
$6.90 BMD 6.90
-69.86%
Oranges (1kg)
$2.02 €1.77
$10.24 BMD 10.24
-80.27%
Tomato (1kg)
$2.66 €2.33
$8.60 BMD 8.60
-69.07%
Potato (1kg)
$1.82 €1.59
$7.96 BMD 7.96
-77.14%
Onion (1kg)
$1.88 €1.65
$6.18 BMD 6.18
-69.58%
Lettuce (1 head)
$1.35 €1.18
$5.93 BMD 5.93
-77.23%
Water (1.5 liter bottle)
$0.75 €0.66
$4.12 BMD 4.12
-81.80%
Cigarettes 20 Pack (Marlboro, Camel)
$6.35 €5.56
$18.35 BMD 18.35
-65.40%
Wine (Bottle)
$5.75 €5.04
$25.48 BMD 25.48
-77.43%
Local Beer (0.5 liter bottle)
$1.30 €1.14
$5.27 BMD 5.27
-75.33%
Imported Beer (0.33 liter bottle)
$2.11 €1.85
$4.44 BMD 4.44
-52.48%
🚌 Getting Around
Spain
Bermuda
Difference
One-way Ticket (Public Transport)
$1.72 €1.50
$4.45 BMD 4.45
-61.35%
Public Transport Monthly Pass (Regular Price)
$35.11 €30.75
$67.8 BMD 67.8
-48.20%
Taxi Start (Normal Tariff)
$4.56 €4.00
$6.10 BMD 6.10
-25.25%
Taxi (Normal Tariff) (1km)
$1.30 €1.14
$3.31 BMD 3.31
-60.73%
Taxi 1hour Waiting (Normal Tariff)
$26.70 €23.39
$52.9 BMD 52.9
-49.55%
Gasoline (1 liter)
$1.81 €1.58
$2.31 BMD 2.31
-21.65%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$39.2K €34.4K
$34.4K BMD 34.4K
14.17%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$30.6K €26.8K
$39.7K BMD 39.7K
-22.87%
🧾 Monthly Utilities & Internet
Spain
Bermuda
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$153 €134
$231 BMD 231
-33.83%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$20.36 €17.84
$120 BMD 120
-83.02%
Internet (50+ Mbps, Unlimited Data)
$34.00 €29.78
$157 BMD 157
-78.37%
🎉 Sport & Entertainment
Spain
Bermuda
Difference
Gym Membership (Monthly)
$48.13 €42.15
$178 BMD 178
-72.91%
Tennis Court (1 Hour on Weekend)
$16.14 €14.13
$47.43 BMD 47.43
-65.97%
Cinema Ticket
$9.37 €8.21
$13.49 BMD 13.49
-30.54%
🧸 Childcare & Education
Spain
Bermuda
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$520 €455
$1,334 BMD 1,334
-61.02%
International Primary School, 1 Child (Yearly)
$10.2K €8,909
$24.3K BMD 24.3K
-58.19%
👕👟 Clothing & Footwear
Spain
Bermuda
Difference
Jeans (Levis 501 Or Similar)
$85.9 €75.3
$74.3 BMD 74.3
15.65%
Summer Dress (H&M, Zara, etc)
$36.75 €32.18
$61.1 BMD 61.1
-39.82%
Sport Shoes (Adidas, Nike)
$91.7 €80.3
$138 BMD 138
-33.77%
Men's Leather Business Shoes
$108 €94.9
$128 BMD 128
-15.26%
🏠 Accommodation & Living
Spain
Bermuda
Difference
1-bedroom Apartment, City Center (Monthly)
$1,043 €913
$3,434 BMD 3,434
-69.63%
1-bedroom Apartment, Outside City Center (Monthly)
$834 €730
$2,440 BMD 2,440
-65.82%
3-bedroom Apartment, City Center (Monthly)
$1,674 €1,466
$8,180 BMD 8,180
-79.54%
3-bedroom Apartment, Outside City Center (Monthly)
$1,223 €1,071
$7,282 BMD 7,282
-83.20%
Buy Apartment in City Center (m2)
$4,158 €3,642
$14.7K BMD 14.7K
-71.63%
Buy Apartment Outside City Center (m2)
$2,629 €2,303
$9,078 BMD 9,078
-71.04%
💵 Salaries & Financials
Spain
Bermuda
Difference
Average Monthly Net Salary (After Tax)
$1,965 €1,721
$6,906 BMD 6,906
-71.55%
20-Year Fixed Mortgage Interest Rate (Annual %)
3.51
7.08
-50.42%

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

Last update for Spain: July 12, 2026

Last update for Bermuda: July 12, 2026

Cost Breakdown

Average rent: $897 in Spain vs $2,869 in Bermuda. For reference, capital cities sit at $1,607 in Madrid and $3,377 in Hamilton.

Average salary: $1,989 in Spain vs $8,158 in Bermuda. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 220% higher in Bermuda.

Dining out costs 228% more in Bermuda.

Public transport is 22% more expensive in Spain.

Salaries are 310% 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
Spain vs Bermuda: Cost of Living - Frequently Asked Questions
How do Bermuda and Spain compare in cost of living?
Spain is the cheaper option – living costs run roughly 107% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.
How do rents compare between Bermuda and Spain?
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 Spain?
Groceries, transport, and utilities all cost less in Spain, contributing to the overall 107% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.
How far does $3,000 go in Bermuda compared to Spain?
$3,000 buys a comfortable lifestyle in Spain, 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 Spain?
Spain 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.

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