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Waterfront in St. George's, Bermuda.
Waterfront in St. George's, Bermuda.

Bermuda Expat Forum

Will I earn enough to live?

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rois
9/25/2020 06:48 EST

Hi, I am applying for a Mental Health Nurse role and have been offered a salary of $79,000. I am a single woman and I am quite good at budgeting money/don't really live luxuriously. From my research it seems this would be enough for me to live on but I'd like to see if anyone could confirm this for definite? Would I be able to live easily on 79K with the possibility of saving some money? Your answers will be greatly appreciated, thanks :)

rahmank
10/2/2020 08:59 EST

Also unlikely to have sunsidised housing

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rahmank
10/2/2020 08:58 EST

Most likely a government job, which means the employer does not pay payroll or GEHI

Actuary
10/2/2020 04:32 EST

Does your employer pay your payroll tax and health insurance? Or are you fully responsible for both?

Payroll tax and health insurance could cost you close to $1000 per month, so will make a difference to how much you have to spend ($6500 vs $5500 per month)

Do they provide subsidised housing or any form of housing allowance? If not, I’ve seen some decent looking 1 bed apartments for $2k or so.

I’ve spoken to people who spend anywhere from $300-$1000 a month on groceries depending on how well they can cook and how much they’d like to pay for convenience.

I think you could live fairly comfortably but you won’t be living a luxurious lifestyle, and there probably won’t be much left over each month to save once you’ve factored in bills, day to day living expenses and leisure activities.

I’ve sent you a PM too, it would be interesting to hear about how you managed to get the job as my wife is considering looking for work as a mental health nurse on the island!

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