Cost of Living in Hamilton
Compact island capital with pastel harborside streets; extremely high-cost but tax-friendly base for finance professionals and remote workers.
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£4,410
Average cost per month
Distribution of Expenses
British colonial charm & cricket
Pink sand & humid ocean air
Exclusive global financial hub
Cost of living breakdown for Hamilton
You can expect to spend around £4,410 per month for 1 person as of 2026, on common living costs such as housing, food, and transport.
Housing
Standard of Living
Food & Drink
Hamilton average costs for food and drink.
Salary & Services
Hamilton average salaries and services.
Average living costs in Bermuda
| Item | Average price | Price range |
|---|---|---|
| 1 Bedroom Apartment in City CentreRent Per Month | £2,739.32 | £1,845.91 - £3,322.63 |
| 1 Bedroom Apartment Outside of CentreRent Per Month | £1,784.38 | £1,476.72 - £2,215.09 |
| 3 Bedroom Apartment in City CentreRent Per Month | £6,396.06 | £5,648.47 - £11,075.43 |
| 3 Bedroom Apartment Outside of CentreRent Per Month | £5,836.75 | £4,518.78 - £7,383.62 |
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Frequently asked questions
The cost of living in Hamilton depends on your lifestyle. On average, a single person needs £1,670 per month without rent, while a family of four requires £5,837. Renting a 1-bedroom apartment in the city centre costs an additional £2,739 on average.
Public transport prices vary, but generally, a one-way ticket for local transport in Hamilton costs £4. If you are commuting regularly, a monthly pass is typically priced at £51.
The average monthly net salary (after tax) in Hamilton is currently £4,947.
Dining costs depend on your choices. A meal at an inexpensive restaurant in Hamilton costs approximately £41, while a three-course meal for two people at a mid-range restaurant costs around £102.
The estimated monthly cost of living in Hamilton for a single person is £1,670, excluding rent.
For a family of four living in Hamilton, the estimated monthly costs are £5,837, not including rent.
Rent prices in Hamilton depend on the area. The average monthly rent for a 1-bedroom apartment in the city centre is £2,739, compared to £1,784 outside the centre. For a 3-bedroom apartment, the average is £6,396 in the centre and £5,837 in suburban areas.
Basic utilities in Hamilton (including electricity, heating, cooling, water, and garbage for an 85m² apartment) cost an average of £187 per month. Internet access typically adds another £113.