Cost of Living in Smith's, Bermuda
Last updated on Jul 14, 2023
Summary: What is the cost of living in Smith's, Bermuda? Hear what expats, digital nomads and retirees living in Smith's have to say about the cost of housing, health insurance and general living costs.
Is the cost of living in Smith's high?
We asked people how much they someone comfortably live on in Smith's, they wrote:
"Living in Smith's is considered to be quite expensive. The cost of housing is high, with both rental and purchase prices significantly above average, particularly for properties with ocean views or access. Utilities such as electricity, water, and internet are also costly due to the island's remote location. Groceries and dining out can also be expensive in Smith's, Bermuda. Imported goods, which make up a large portion of available products, carry high price tags due to shipping and import taxes. Fresh produce, dairy, and meat are particularly pricey. Transportation costs can add up as well, with high prices for both public transportation and private vehicles. Gasoline is expensive, and there are also costs associated with vehicle licensing and insurance. Healthcare in Smith's, Bermuda is of a high standard but comes with a high price. Both public and private healthcare services are available, but health insurance is recommended due to the high cost of medical procedures and treatments. Despite the high cost of living, many residents feel that the benefits of living in Smith's, Bermuda, such as the beautiful scenery, pleasant climate, and high quality of life, make the expense worthwhile," explained one expat.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Will I save money living in Smith's?
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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.
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