Living in Bermuda: Cost of Living, Healthcare and What to Know About Living in Bermuda

Living in Bermuda

Last updated on Jan 10, 2024

Summary: People describe life in Bermuda as relaxed, laid-back, and beautiful. Expats love the stunning beaches, the vibrant culture, and the friendly locals. The average cost of living for an expat is quite high, with the cost of living index estimated to be around 150. The population of Bermuda is estimated to be around 65,000 people, with the largest cities being Hamilton, St. George's, and Hamilton Parish. The cons of living in Bermuda include the high cost of living, the limited job opportunities, and the lack of public transportation. Additionally, the weather can be quite unpredictable, with hurricanes and tropical storms occurring frequently.

What do I need to know about living in Bermuda?

When we asked people what advice they would give someone preparing to move to Bermuda, they said:

"Before retiring in Bermuda, expats should be aware of the cost of living, which is higher than in many other countries. They should also research the local housing market and the availability of rental properties. Additionally, expats should familiarize themselves with the local laws and regulations, as well as the tax system. It is also important to consider the climate and the island's hurricane season. Finally, expats should research the local healthcare system and the availability of medical services," remarked one expat who made the move to Bermuda.

"Do not come. On paper the salary looks good but a loaf of bread is US $3 and a half decent place to live is US$ 3000 a month. You have to be on a good package of 100K or more plus apartment thrown in to be OP here," explained one expat living in Hamilton, Bermuda.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.