What is the average cost of housing in Bermuda?

If you are thinking about moving to Bermuda, cost of living in probably a key consideration. Expats commented about the cost of housing...

"The cost of housing in Bermuda is generally quite high, with the average price for a single-family home ranging from $500,000 to $2 million. Renting is also expensive, with the average cost of a one-bedroom apartment ranging from $1,500 to $3,000 per month," mentioned another expat when asked about moving to Bermuda.

"Rent is expensive in Bermuda. But as the lifestyle is so much more focused on being outdoors I chose to rent a tiny one bedroom place - I only really use it to sleep anyway," commented one expat who made the move to Bermuda, Bermuda.

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What is the average cost of housing in Bermuda?

If you live in Bermuda, newcomers to Bermuda would love to hear your answer to this question.