Is the cost of living in Spanish Point high?

"The cost of living in Spanish Point is considered to be quite high. This is largely due to the fact that most goods, including food and clothing, have to be imported from overseas. Housing is also expensive, with both rental and purchase prices significantly higher than in many other countries. Utilities such as electricity and water are also costly, as are transportation and healthcare. Dining out and entertainment can also be quite pricey. Despite these costs, many residents feel that the high quality of life, beautiful surroundings, and safety of the area make it worth the expense," said another expat in Spanish Point, Bermuda.