Cost of living comparison
Bermuda is 6.0% cheaper than Monaco overall.
- Restaurants
-
pay 9.0% less in Bermuda
- Groceries
-
pay 54.8% more in Bermuda
- Transportation
-
pay 42.7% more in Bermuda
- Housing
-
pay 40.2% less in Bermuda
- Childcare
-
pay 34.3% less in Bermuda
- Entertainment and Sports
-
pay 10.6% less in Bermuda
- Clothing
-
pay 45.2% less in Bermuda
The cost of groceries and transportation in Bermuda are more expensive than in Monaco. Expenses including clothing, housing, childcare, entertainment and sports, and restaurants are lower in Bermuda.
If you lived in Bermuda instead of Monaco, you would:
pay 9.0% less for restaurants
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$36.21
€33.30
|
$50.00
BMD50.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.32
€10.40
|
$15.00
BMD15.00
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$5.61
€5.16
|
$3.30
BMD3.30
|
|
| Bottle of water (11 fl. oz) |
$8.77
€8.06
|
$3.00
BMD3.00
|
|
pay 54.8% more for groceries
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$5.69
€5.24
|
$8.28
BMD8.28
|
|
| Local cheese (8 oz) |
$11.39
€10.47
|
$6.63
BMD6.63
|
|
| Milk (1 gallon) |
$8.62
€7.93
|
$17.06
BMD17.06
|
|
|
Eggs
1 dozen
|
$5.55
€5.10
|
$7.24
BMD7.24
|
|
| Boneless chicken breast (1 lb) |
$8.45
€7.77
|
$11.11
BMD11.11
|
|
| Apples (1 lb) |
$2.57
€2.37
|
$4.68
BMD4.68
|
|
| Bananas (1 lb) |
$2.47
€2.27
|
$2.88
BMD2.88
|
|
| Oranges (1 lb) |
$1.98
€1.82
|
$4.48
BMD4.48
|
|
| Tomatoes (1 lb) |
$2.92
€2.69
|
$4.31
BMD4.31
|
|
| Potatoes (1 lb) |
$1.69
€1.55
|
$4.04
BMD4.04
|
|
| Onions (1 lb) |
$2.02
€1.86
|
$2.60
BMD2.60
|
|
pay 42.7% more for transportation
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$8.68
€7.98
|
$8.54
BMD8.54
|
|
| Monthly public transit pass |
$29.74
€27.35
|
$68.50
BMD68.50
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$49,160.43
€45,202.92
|
$35,000.00
BMD35,000.00
|
|
| Taxi trip in downtown area (5 miles) |
$21.44
€19.71
|
$36.61
BMD36.61
|
|
pay 40.2% less for housing
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$110.93
€102.00
|
$130.94
BMD130.94
|
|
| 1-Bedroom apartment in downtown area |
$9,401.30
€8,644.47
|
$3,195.45
BMD3,195.45
|
|
| 1-Bedroom apartment outside city center |
$6,591.34
€6,060.73
|
$1,958.33
BMD1,958.33
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$292.40
€268.86
|
$168.39
BMD168.39
|
|
pay 34.3% less for childcare
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$2,759.79
€2,537.62
|
$1,320.00
BMD1,320.00
|
|
| Middle school for 1 child, two semesters |
$29,406.50
€27,039.22
|
$24,571.43
BMD24,571.43
|
|
pay 10.6% less for entertainment and sports
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$9.11
€8.38
|
$9.50
BMD9.50
|
|
| Cappuccino in mid-range area |
$6.29
€5.78
|
$5.44
BMD5.44
|
|
|
Pack of cigarettes
Marlboro or similar
|
$12.06
€11.09
|
$17.62
BMD17.62
|
|
| Monthly membership at local gym |
$512.44
€471.18
|
$120.17
BMD120.17
|
|
| Movie ticket to theater/cinema |
$15.00
€13.80
|
$13.00
BMD13.00
|
|
pay 45.2% less for clothing
|
Monaco
|
Bermuda
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$194.39
€178.74
|
$63.75
BMD63.75
|
|
|
Regular dress
from H&M or similar store
|
$75.16
€69.11
|
$70.00
BMD70.00
|
|
|
Running shoes
Nike or Adidas
|
$203.37
€187.00
|
$134.00
BMD134.00
|
|
| Men's business shoes (leather) |
$446.93
€410.95
|
$122.60
BMD122.60
|
|
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