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Is Bermuda very expensive?

Bermuda has again topped an international list of most expensive places to live. In an article by the UK newspaper The Independent , Bermuda came first in a list of the 21 most expensive places in the world, beating New York, Switzerland and Hong Kong.



Bermuda is widely considered one of the most expensive travel destinations in the Atlantic, largely because it is an isolated island that must import nearly 80% of its goods. In 2026, a typical mid-range daily budget for a couple is approximately $500 to $700, including accommodation. Grocery and restaurant prices are roughly 30% to 50% higher than in the U.S. mainland; a casual lunch can easily cost $30, while dinner at a nice resort often starts at $100 per person. To save money, many travelers visit during the "low season" (November to March), when hotel rates can drop by as much as 40%, although the weather is too cool for swimming. Another quirk of Bermuda is that renting a standard car is prohibited for tourists; you must rely on taxis (which are pricey), public buses, or renting "minicars" and mopeds, which can cost $100–$150 per day. While the world-class pink sand beaches are free to access, the high cost of living means that even "budget" travelers should expect to pay a premium for basic services. If you plan your trip around free activities like the Railway Trail, you can mitigate some costs, but Bermuda remains a luxury-leaning destination.

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Bermuda has a moderate crime rate driven in part by the drugs scene. Serious incidents, including use of weapons, do occur. Take precautions to safeguard yourself and your possessions. Common crimes include burglary, mugging, theft of unattended baggage and belongings, and theft of items from rental scooters.

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