Cost of living and prices in Hamilton, prices of food, rent, shopping, etc. 🇧🇲
Updated Jul 2023
Discover the cost of living in Hamilton, Bermuda - a bustling city located in Northern America with a population of 3686 people. Hamilton is situated at an elevation of 22 meters above sea level and operates on the Atlantic/Bermuda time zone, GMT: -4.0.
In Hamilton, the cost of living can be considered high, due to its location and popularity as a tourist destination. This small city is filled with activities and attractions, from exploring historical landmarks such as St. Peter's Church to enjoying the scenic views of the harbor. Residents and visitors alike can also indulge in delicious seafood, local cuisine, and luxury shopping experiences.
One important factor to consider when living in Hamilton is transportation. Due to its small size, walking or biking is a popular and cost-effective option. However, renting a car or taking a taxi may be necessary for longer distances. Another important expense is housing, as properties in Hamilton can be quite expensive. Nevertheless, many budget-friendly options are available such as shared accommodations and public housing.
Cost of Living Estimate in Hamilton
You can calculate cost of living in Hamilton by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.
Restaurants prices
If you are visiting Hamilton, Bermuda, you will be pleased to know that there is a variety of dining options available to suit all kinds of tastes and preferences. There are numerous restaurants that serve a wide range of cuisine, including Italian, Indian, Chinese, and Caribbean. You can also find plenty of seafood restaurants offering delicious local catch, ranging from fresh fish to spiny lobsters. Whether you're looking for a cozy cafe for a romantic dinner or a family-friendly environment for a casual meal, Hamilton has something to offer for everyone.
One of the highlights of eating in Hamilton, Bermuda, is the selection of outdoor dining options with stunning views of the harbor. You can enjoy a leisurely meal while taking in the beautiful ocean scenery and watching boats coming and going. Some restaurants also offer live music and entertainment to make your dining experience even more memorable. If you're looking for a relaxed atmosphere, there are also pubs and bars serving beer, wine, and cocktails, where you can unwind and meet new people. With its diverse range of dining options and scenic seaside views, Hamilton is a foodie paradise that every traveler should explore.
Markets prices
Market prices in Hamilton, Bermuda can be quite high due to its reputation as a popular tourist destination and one of the wealthiest cities in the world. With numerous luxury hotels, high-end restaurants, and upscale shops, it is no surprise that the cost of goods and services can be higher than in other cities. However, there are also many local markets and vendors that offer more affordable options for visitors and residents alike.
The real estate market in Hamilton can also be quite expensive, with luxurious waterfront properties and high-end apartments commanding top dollar. However, there are also more modest options available for those who are willing to live further away from the city center. Overall, market prices in Hamilton reflect its reputation as a high-end destination with plenty of options for those seeking luxury and exclusivity.
Transportation prices
Hamilton, Bermuda offers numerous transportation options for both locals and visitors. One of the most popular ways to get around is by scooter or motorbike. With its narrow roads and scenic routes, exploring the island on a motorbike can be an exciting adventure. It's important to note that visitors will need to obtain a Bermuda driver's license before renting a scooter or motorbike. Alternatively, visitors can also rent a car, but be aware that driving is on the left side of the road.
If you prefer not to drive, there are plenty of other transportation options available. The island's public transportation system includes buses and ferries, which can take you to various destinations on the island. The buses are known for their colorful designs and run frequently, making it easy to get around. The ferries offer a unique way to view the island from the water and can take you to popular locations like the Royal Naval Dockyard or St. George's. Whatever mode of transportation you choose, getting around in Hamilton, Bermuda is both accessible and exciting.
Utilities Per Month prices
When traveling to Hamilton, Bermuda, it's important to keep in mind that utilities cost can be significantly higher than what you're used to in other parts of the world. This is due to the fact that Bermuda is an island nation, which means that many goods need to be imported from overseas. As a result, the cost of electricity, water, and other utilities is higher than in many other countries. However, it's important to note that Bermuda's commitment to sustainability means that the country is taking steps to reduce its reliance on non-renewable energy sources, which could help to lower costs over time.
Despite the higher cost of utilities in Hamilton, Bermuda, there are many ways to economize and keep your bills low. For example, many hotels and guesthouses use solar panels to generate electricity, which can help to reduce costs for their guests. Additionally, many local restaurants and shops have implemented water conservation programs to reduce their water usage and lower their bills. As a traveler, you can also do your part by being conscious of your energy and water usage, such as turning off lights and electronics when you're not using them, and taking shorter showers to conserve water. By being mindful of your utilities usage during your stay in Hamilton, you can help reduce your environmental impact and save money at the same time.
Sports And Leisure prices
If you're looking for a relaxing day by the water, Hamilton, Bermuda has plenty of options for you. The island is surrounded by crystal-clear water, ideal for swimming, boating, and fishing. Snorkeling is also a popular activity as you can explore the colorful marine life and coral reefs. If you prefer to stay on land, there are several parks and gardens in town where you can take a leisurely stroll, have a picnic, or play some lawn sports.
If you're a sports enthusiast, Hamilton offers a range of activities that cater to all levels. Golf is big on the island, with several world-class courses scattered throughout Bermuda. For tennis players, there are several courts available for rent. The island also boasts a state-of-the-art sports complex where visitors can participate in various team sports such as basketball, volleyball, and soccer. For those who love adventure, there are several companies that offer outdoor activities such as kayaking, paddleboarding, and zip-lining. Whatever your preference, Hamilton, Bermuda has plenty of options to keep you entertained and active.
Salaries And Financing prices
If you plan on working in Hamilton, Bermuda, you'll want to know about salaries. The good news is that salaries in Hamilton tend to be higher than in many other parts of the world. This is partly due to the fact that Bermuda is known for being a tax haven, meaning that businesses can keep more of their profits. As a result, they're often able to pay their employees more. Keep in mind, though, that the cost of living in Bermuda can be higher as well. So while your salary may be higher than what you're used to, it's important to factor in the cost of things like housing, food, and transportation when creating your budget.
Financing in Bermuda can be an interesting topic to explore as well. In addition to being a tax haven, Bermuda is also known for its financial industry. This means that there are many banks and financial institutions located in Hamilton and throughout the country. If you're interested in learning more about finance, or if you need to open a bank account while you're there, this can be a great opportunity to get a behind-the-scenes look at the industry. Just keep in mind that banking in Bermuda operates a bit differently than it does in other places, so be sure to ask questions and do your research to make sure you're getting the most out of your experience.
Childcare prices
Childcare prices in Hamilton, Bermuda, can be described as higher than average. This is particularly true for schools and kindergartens that offer top-notch care and education for young children. Parents can expect to pay a premium for the quality of care they receive at these facilities, but many find that the peace of mind that comes with knowing their child is in good hands is well worth the cost.
The high cost of childcare in Hamilton, Bermuda, is often attributed to the fact that the island is relatively small. There are only a limited number of schools and kindergartens available, which means that demand for spots is high. Additionally, many of these facilities boast impressive teacher-to-student ratios, which further drives up the cost. Despite the high prices, parents in Hamilton still have plenty of options to choose from when it comes to finding the right childcare solution for their family.
Clothing And Shoes prices
Hamilton, Bermuda is a great shopping destination for those who love designer clothing and shoes. There are many high-end stores scattered throughout the town that offer a wide range of clothing styles and shoe brands. From luxury boutiques to department stores, Hamilton has all you need to satisfy your shopping cravings. Whether you’re on the hunt for a beautiful dress for a special occasion or a comfortable pair of shoes for long walks around town, you’ll find something that suits your style and budget in Hamilton.
If you’re looking for more affordable clothing and shoe options, there are also several stores in Hamilton that cater to budget shoppers. These stores offer trendy and stylish clothing and shoes at lower prices without sacrificing quality or fashion. You can find a variety of brands and styles to choose from, including local and international brands. So, no matter what your budget is, Hamilton has something for everyone when it comes to clothing and shoe shopping!
Rent Per Month prices
If you're planning to stay in Hamilton, Bermuda for a short duration, you'll find various accommodation options to suit your budget and requirements. From private rooms to entire apartments, you can easily find flexible and short rent options that cater to your needs. Whether you're on vacation, traveling for work, or just exploring the island, these accommodations offer comfortable and convenient stays for short periods.
Most short-term rentals in Hamilton, Bermuda come furnished with all the necessary amenities like Wi-Fi, kitchen appliances, and bedding. You can also find budget-friendly options that allow you to save some bucks without compromising on convenience or comfort. These rentals offer travelers the opportunity to experience the island like a local and get a taste of the unique Bermudian lifestyle without having to commit to long-term leases or contracts. So, whether you're looking for a cozy private room or a spacious apartment, you'll find plenty of short rent options to choose from in Hamilton, Bermuda.
Buy Apartment prices
Hamilton, Bermuda, is a charming and desirable location for real estate investments. There are many options available to potential buyers, including different types of properties such as apartments, condos, and houses. Each property type offers something unique, and prices vary accordingly. It's important to do your research and work with a real estate agent who can guide you through the purchasing process and offer valuable insight into the local market.
Investing in Hamilton's real estate market can provide an opportunity for long-term growth and financial stability. While prices can be higher than some other locations, the value and potential return on investment make it a smart option for those looking to build their portfolio. Plus, the idyllic island setting and vibrant community make it a desirable location for both permanent and vacation properties. Whether you're looking for a cozy apartment or a spacious house, there are plenty of options to suit your needs and budget in Hamilton, Bermuda.