Paget Parish, located in the picturesque island of Bermuda, offers a unique blend of serene landscapes and vibrant culture. Understanding the cost of living in this area is crucial for anyone considering relocating or planning an extended stay.

This guide provides a detailed breakdown of the expenses you can expect, from dining and groceries to housing and transportation, helping you make informed financial decisions.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $50 on average, with a range between $35 and $60.
  • Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $150, with prices ranging from $150 to $200.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $15, with a range between $12.95 and $17.
  • Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $8 to $14, imported beer $8 to $11, cappuccino $4.95 to $10, and Coke/Pepsi $3 to $5.

Grocery Prices

  • Milk - Milk is priced between $1.85 and $5.6 per liter, averaging $4.51.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $6 and $10.69, with an average price of $8.28.
  • Eggs (Dozen) - A dozen eggs range from $4 to $10, averaging $7.24.
  • Fruits (e.g., Apples, Oranges) - Apples cost $5 to $19.9 per kg, while oranges range from $2.18 to $18 per kg.
  • Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $4.74 and $14 per kg, and lettuce costs $3.99 to $7.99 per head.

Transportation

  • Public Transport (One-Way Ticket) - A one-way local transport ticket costs $4.5.
  • Fuel (Gasoline) - Gasoline is priced between $2.19 and $2.35 per liter.
  • Taxi Fares - Taxi fares start at $6.23, with a cost of $2.17 to $5.5 per km and $37.8 to $70 per hour of waiting.

Housing Costs

  • 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $4200 to $5000, averaging $4600.
  • 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $4000 to $4200, averaging $4100.
  • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre ranges from $10000 to $15000, averaging $12500.
  • 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $12000 to $14200, averaging $13100.
  • Buying Price per Square Meter (Outside Centre) - The price per square meter to buy an apartment outside the centre is $6132.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $150 and $350, averaging $220.21.
  • Internet - Internet services range from $120 to $195, with an average cost of $141.25.

Cost of Living Data

The following pricing data has been gathered from 3 user contributions, as of the most recent update in November, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$50.00
Meal for 2 People, Mid-range Restaurant, Three-course
$150.00
McMeal at McDonalds (or Equivalent Combo Meal)
$15.00
Domestic Beer (0.5 liter draught)
$10.00
Imported Beer (0.33 liter bottle)
$8.50
Coke/Pepsi (0.33 liter bottle)
$3.30
Water (0.33 liter bottle)
$3.00
Cappuccino (regular)
$5.75
Markets
Avg / Range
Milk (regular), (1 liter)
$4.51
Loaf of Fresh White Bread (500g)
$8.28
Eggs (regular) (12)
$7.24
Local Cheese (1kg)
$15.19
Water (1.5 liter bottle)
$3.24
Bottle of Wine (Mid-Range)
$24.00
Domestic Beer (0.5 liter bottle)
$5.35
Imported Beer (0.33 liter bottle)
$4.50
Cigarettes 20 Pack (Marlboro)
$17.63
Chicken Fillets (1kg)
$24.50
Apples (1kg)
$10.32
Oranges (1kg)
$10.16
Potato (1kg)
$8.91
Lettuce (1 head)
$6.00
Rice (white), (1kg)
$5.46
Tomato (1kg)
$9.52
Banana (1kg)
$6.35
Onion (1kg)
$5.73
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$32.25
Transportation
Avg / Range
One-way Ticket (Local Transport)
$4.50
Gasoline (1 liter)
$2.19
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$35,000.00
Taxi Start (Normal Tariff)
$6.23
Taxi 1km (Normal Tariff)
$3.80
Taxi 1hour Waiting (Normal Tariff)
$53.90
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$37,200.00
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$4,600.00
Apartment (1 bedroom) Outside of Centre
$4,100.00
Apartment (3 bedrooms) in City Centre
$12,500.00
Apartment (3 bedrooms) Outside of Centre
$13,100.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$220.21
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$141.25
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$118.10
Sports And Leisure
Avg / Range
Fitness Club, Monthly Fee for 1 Adult
$200.00
Cinema, International Release, 1 Seat
$13.00
Clothing And Shoes
Avg / Range
1 Pair of Jeans (Levis 501 Or Similar)
$75.00
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$70.00
1 Pair of Nike Running Shoes (Mid-Range)
$134.00
1 Pair of Men Leather Business Shoes
$122.60
Buy Apartment Price
Avg / Range
Price per Square Meter to Buy Apartment Outside of Centre
$6,132.00
Salaries And Financing
Avg / Range
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
7.23%
Childcare
Avg / Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$1,320.00
International Primary School, Yearly for 1 Child
$24,571.43
Paget Parish Cost of Living

"Key Takeaways"

Paget Parish in Bermuda presents a high cost of living, particularly in housing and dining. Rent prices are notably high, especially for larger apartments.

Dining out can be expensive, with even casual meals costing significantly more than in many other locations.

Grocery prices are also elevated, reflecting the island's reliance on imports.

Transportation costs are moderate, with public transport and fuel prices being relatively reasonable compared to other expenses.

Conclusion

Living in Paget Parish, Bermuda, offers a unique lifestyle with its beautiful surroundings and vibrant culture. However, the cost of living is considerably high, especially in terms of housing and dining.

Prospective residents should budget carefully and consider these expenses when planning a move. Despite the costs, the quality of life and scenic beauty make it a desirable location for many.

Paget Parish

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