Cost of living comparison

Iceland

compared to

Bermuda

Bermuda vs. Iceland Cost of Living Summary

Bermuda is 35.7% more expensive than Iceland overall.

Restaurants: pay 14.8% more in Bermuda
Groceries: pay 76.1% more in Bermuda
Transportation: pay 6.3% less in Bermuda
Housing: pay 72.4% more in Bermuda
Childcare: pay 19.6% more in Bermuda
Entertainment and Sports: pay 8.8% more in Bermuda
Clothing: pay 22.5% less in Bermuda

The cost of groceries, housing, childcare, restaurants, and entertainment and sports in Bermuda are more expensive than in Iceland. Expenses including clothing and transportation are lower in Bermuda. Notably, groceries is significantly more expensive in Bermuda.

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Bermuda vs. Iceland Cost Breakdown

If you lived in Bermuda instead of Iceland, you would:

Display currency: USD

pay 14.8% more for restaurants

	Iceland	Bermuda
Basic meal with drink at inexpensive restaurant	$28.88 ISK3,499	$50.00 BMD50.00	+73.2%
Fast food combo meal McDonalds, or similar	$22.83 ISK2,767	$16.88 BMD16.88	-26.1%
Bottle of Coca-Cola (11 fl. oz)	$3.25 ISK393	$3.04 BMD3.04	-6.4%
Bottle of water (11 fl. oz)	$3.01 ISK365	$3.12 BMD3.12	+3.7%
Average			+14.8%

Iceland vs. Bermuda - Cost of restaurants

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pay 76.1% more for groceries

	Iceland	Bermuda
Bread 1 loaf	$3.55 ISK431	$8.02 BMD8.02	+125.6%
Local cheese (8 oz)	$10.11 ISK1,226	$11.75 BMD11.75	+16.2%
Milk (1 gallon)	$7.79 ISK944	$18.61 BMD18.61	+138.9%
Eggs 1 dozen	$6.92 ISK839	$7.18 BMD7.18	+3.7%
Boneless chicken breast (1 lb)	$11.01 ISK1,334	$9.66 BMD9.66	-12.3%
Apples (1 lb)	$1.43 ISK173	$4.11 BMD4.11	+188.5%
Bananas (1 lb)	$1.23 ISK148	$3.00 BMD3.00	+145.2%
Oranges (1 lb)	$1.42 ISK172	$3.24 BMD3.24	+128.5%
Tomatoes (1 lb)	$2.60 ISK315	$3.80 BMD3.80	+46.1%
Potatoes (1 lb)	$1.71 ISK207	$2.58 BMD2.58	+51.1%
Onions (1 lb)	$0.76 ISK92	$1.88 BMD1.88	+148.7%
Average			+76.1%

Iceland vs. Bermuda - Cost of groceries

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pay 6.3% less for transportation

	Iceland	Bermuda
Gasoline (1 gallon)	$8.09 ISK980	$9.03 BMD9.03	+11.7%
Monthly public transit pass	$80.58 ISK9,765	$69.00 BMD69.00	-14.4%
New Volkswagen Golf 1.4 (standard edition)	$48,967.53 ISK6M	$37,500.00 BMD37,500.00	-23.4%
Taxi trip in downtown area (5 miles)	$26.24 ISK3,179	$30.39 BMD30.39	+15.8%
Average			-6.3%

Iceland vs. Bermuda - Cost of transportation

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pay 72.4% more for housing

	Iceland	Bermuda
Internet connection 50 mbps or faster, cable/dsl	$98.24 ISK11,905	$159.67 BMD159.67	+62.5%
1-Bedroom apartment in downtown area	$2,335.24 ISK283K	$3,868.00 BMD3,868.00	+65.6%
1-Bedroom apartment outside city center	$1,824.40 ISK221K	$2,661.67 BMD2,661.67	+45.9%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$72.34 ISK8,766	$220.49 BMD220.49	+204.8%
Average			+72.4%

Iceland vs. Bermuda - Cost of housing

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pay 19.6% more for childcare

	Iceland	Bermuda
Private preschool for 1 child, monthly	$833.66 ISK101K	$1,320.00 BMD1,320.00	+58.3%
Middle school for 1 child, two semesters	$27,752.37 ISK3M	$25,083.33 BMD25,083.33	-9.6%
Average			+19.6%

Iceland vs. Bermuda - Cost of childcare

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pay 8.8% more for entertainment and sports

	Iceland	Bermuda
Domestic/local beer (1 pint)	$11.37 ISK1,378	$7.50 BMD7.50	-34.1%
Cappuccino in mid-range area	$5.90 ISK715	$6.20 BMD6.20	+5.1%
Pack of cigarettes Marlboro or similar	$13.85 ISK1,679	$18.00 BMD18.00	+29.9%
Monthly membership at local gym	$83.64 ISK10,136	$188.00 BMD188.00	+124.8%
Movie ticket to theater/cinema	$17.92 ISK2,171	$13.50 BMD13.50	-24.7%
Average			+8.8%

Iceland vs. Bermuda - Cost of entertainment and sports

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pay 22.5% less for clothing

	Iceland	Bermuda
Regular jeans Levi's brand	$134.47 ISK16,295	$90.00 BMD90.00	-33.1%
Regular dress from H&M or similar store	$63.25 ISK7,664	$70.00 BMD70.00	+10.7%
Running shoes Nike or Adidas	$159.03 ISK19,271	$142.50 BMD142.50	-10.4%
Men's business shoes (leather)	$237.19 ISK28,742	$128.75 BMD128.75	-45.7%
Average			-22.5%

Iceland vs. Bermuda - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated October 2026). How we calculate this

Compare further: Iceland vs. Bermuda

Salary Calculator · Free tool

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Quality of Life Comparison · 9 statistics

Make 44.7% more money in Bermuda

Size Comparison · See true size

Iceland is about 1,907 times bigger than Bermuda.

Moving from Iceland to Bermuda · Cost, visas & climate

Compare cost of living, salary and climate.

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