Cost of living comparison

Monaco

compared to

Bermuda

Bermuda vs. Monaco Cost of Living Summary

Bermuda is 15.0% cheaper than Monaco overall.

Restaurants: pay 18.1% more in Bermuda
Groceries: pay 54.0% more in Bermuda
Transportation: pay 15.0% more in Bermuda
Housing: pay 44.6% less in Bermuda
Childcare: pay 38.9% less in Bermuda
Entertainment and Sports: pay 14.0% less in Bermuda
Clothing: pay 46.2% less in Bermuda

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

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Bermuda vs. Monaco Cost Breakdown

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

Display currency: USD

pay 18.1% more for restaurants

	Monaco	Bermuda
Basic meal with drink at inexpensive restaurant	$30.79 €27.49	$50.00 BMD50.00	+62.4%
Fast food combo meal McDonalds, or similar	$11.76 €10.50	$16.88 BMD16.88	+43.5%
Bottle of Coca-Cola (11 fl. oz)	$7.52 €6.72	$3.04 BMD3.04	-59.6%
Bottle of water (11 fl. oz)	$7.52 €6.72	$3.12 BMD3.12	-58.5%
Average			+18.1%

Monaco vs. Bermuda - Cost of restaurants

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pay 54.0% more for groceries

	Monaco	Bermuda
Bread 1 loaf	$4.17 €3.73	$8.02 BMD8.02	+92.1%
Local cheese (8 oz)	$8.73 €7.80	$11.75 BMD11.75	+34.6%
Milk (1 gallon)	$7.59 €6.78	$18.61 BMD18.61	+145.1%
Eggs 1 dozen	$4.79 €4.27	$7.18 BMD7.18	+50.0%
Boneless chicken breast (1 lb)	$7.62 €6.80	$9.66 BMD9.66	+26.8%
Apples (1 lb)	$2.12 €1.90	$4.11 BMD4.11	+93.6%
Bananas (1 lb)	$2.28 €2.04	$3.00 BMD3.00	+31.5%
Oranges (1 lb)	$1.70 €1.52	$3.24 BMD3.24	+90.7%
Tomatoes (1 lb)	$2.69 €2.40	$3.80 BMD3.80	+41.3%
Potatoes (1 lb)	$1.82 €1.63	$2.58 BMD2.58	+41.8%
Onions (1 lb)	$1.90 €1.70	$1.88 BMD1.88	-1.2%
Average			+54.0%

Monaco vs. Bermuda - Cost of groceries

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pay 15.0% more for transportation

	Monaco	Bermuda
Gasoline (1 gallon)	$8.91 €7.95	$9.03 BMD9.03	+1.4%
Monthly public transit pass	$30.51 €27.24	$69.00 BMD69.00	+126.1%
New Volkswagen Golf 1.4 (standard edition)	$51,360.87 €45,859.97	$37,500.00 BMD37,500.00	-27.0%
Taxi trip in downtown area (5 miles)	$23.51 €21.00	$30.39 BMD30.39	+29.2%
Average			+15.0%

Monaco vs. Bermuda - Cost of transportation

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pay 44.6% less for housing

	Monaco	Bermuda
Internet connection 50 mbps or faster, cable/dsl	$80.06 €71.49	$159.67 BMD159.67	+99.4%
1-Bedroom apartment in downtown area	$5,971.92 €5,332.31	$3,868.00 BMD3,868.00	-35.2%
1-Bedroom apartment outside city center	$6,792.97 €6,065.42	$2,661.67 BMD2,661.67	-60.8%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$367.05 €327.74	$220.49 BMD220.49	-39.9%
Average			-44.6%

Monaco vs. Bermuda - Cost of housing

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pay 38.9% less for childcare

	Monaco	Bermuda
Private preschool for 1 child, monthly	$2,883.32 €2,574.51	$1,320.00 BMD1,320.00	-54.2%
Middle school for 1 child, two semesters	$30,722.74 €27,432.25	$25,083.33 BMD25,083.33	-18.4%
Average			-38.9%

Monaco vs. Bermuda - Cost of childcare

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pay 14.0% less for entertainment and sports

	Monaco	Bermuda
Domestic/local beer (1 pint)	$10.08 €9.00	$7.50 BMD7.50	-25.6%
Cappuccino in mid-range area	$3.95 €3.52	$6.20 BMD6.20	+57.1%
Pack of cigarettes Marlboro or similar	$13.16 €11.75	$18.00 BMD18.00	+36.8%
Monthly membership at local gym	$379.31 €338.69	$188.00 BMD188.00	-50.4%
Movie ticket to theater/cinema	$15.68 €14.00	$13.50 BMD13.50	-13.9%
Average			-14.0%

Monaco vs. Bermuda - Cost of entertainment and sports

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pay 46.2% less for clothing

	Monaco	Bermuda
Regular jeans Levi's brand	$187.18 €167.13	$90.00 BMD90.00	-51.9%
Regular dress from H&M or similar store	$80.90 €72.24	$70.00 BMD70.00	-13.5%
Running shoes Nike or Adidas	$181.58 €162.14	$142.50 BMD142.50	-21.5%
Men's business shoes (leather)	$503.60 €449.66	$128.75 BMD128.75	-74.4%
Average			-46.2%

Monaco 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 November 2026). How we calculate this

Compare further: Monaco vs. Bermuda

Salary Calculator · Free tool

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Quality of Life Comparison · 4 statistics

Make 50.6% less money in Bermuda

Size Comparison · See true size

Monaco is about 27 times smaller than Bermuda.

Moving from Monaco to Bermuda · Cost, visas & climate

Compare cost of living, salary and climate.

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