Telegraph Ranks Bermuda As Most Expensive

June 26, 2016

The UK’s Telegraph has named Bermuda as the world’s most expensive country, ranking it above second place Switzerland and third place Bahamas.

Their article is accompanied by a photo of a beach, with a caption saying: “Bermuda: those beautiful beaches come at a high price.”

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Bermuda’s ranking is based on the island’s cost of living index of 133.68; Norway and Iceland round out the top 20 list’s top five entries.

The article said, “The most expensive place to live, meanwhile, is Bermuda – a British Overseas Territory – which has a cost of living index of 133.68.

“Switzerland, The Bahamas, Norway and Iceland complete the top five, while the UK comes 12th, and the US 21st.”

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Comments (16)

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  1. OBSERVER says:

    Isn’t that information FANTASTIC!!
    Bermuda is a dependent territory of U.K.
    Hhhmmmm…
    Whoever wrote this telegraph has no interest in this island, yet hundreds of foreign workers want “IN” on the immigration deal through the oba/U.B.P.interesting!!!!
    Wonder of the deal will work?????
    Life has several loopholes between THE CUP AND THE LIP!!!!!!!

  2. Toodle-oo says:

    The question is why is it so expensive ?
    Let’s get real here , no BS about ‘ oh well , everything has to be imported’

    The people who can do something about the costs here have been too busy lining their pockets for a very long time to worry about the subject and will only come out with ‘beyond their control’ excuses.

  3. Charles says:

    This comes as no surprise.Bermuda has always been expensive.There is no quick fix to the Island’s problems.When a small island such as this cannot get a grip on how to govern itself after all these years,it is obvious that the ones in power do not have the lives of bermudians at heart.Money and power in the wrong hands corrupts.No governing body should be so greedy and corrupt.The now and the future should be on the minds of all bermudians.Independance.Yes?Bermuda for bermudians?What will work?I believe that total inclusion is the only way for this and any other nation to fulfill their dreams..Beware bermuda of what you show the world.

  4. Alafiyah says:

    If it’s the most expensive, it certainly does not transcend to struggling Bermudians who can’t afford to live in “The Most Expensive Place in the World” Which is our right to have the most basic needs met, like shelter, food,medical benefits. Go figure !!

    • Silence Do Good says:

      This is one of the reasons why we are so expensive. Greed and self entitlement. Those basics cost money and and we do not have the population to give hand outs to wall sitters, just politicians. Get your priorities straight.

  5. Real Deal says:

    There is a fix but it boils down to do you want to fix it. when “benefits” one wont “benefit” the other.

    in order to fix it you need to lay everything out on a table like a war game. Then you must brain storm what to tackle first. then lay out the cost of the proposed solutions and what is affected good or bad.
    some time when you fix something you break something else and some time you fix something and you fix something else at the same time. that stuff needs to be figured out in the brain storming.

    here are some of the pieces

    food
    energy
    housing,
    shipping, greed(never end profit margins)
    Jobs
    education

    I would tackle food first then energy then house. each of these can affect jobs and money distribution and also they are also currently affected be shipping.

    We could trying to fix one of them with a solution the factors out shipping. very doable with technology.

    There are already plans on the table to try and fix shipping cost.
    Or at less there was.

    • Cow Polly says:

      At the top of your list should be raising revenue. You can’t do any of the other things on your list without money.

  6. Oh,I see now says:

    Will you believe the people now whomever the sitting government is past present and future.I guess it takes someone outside the bubble to make you realize the struggle is real.

  7. swing voter says:

    why is it so expensive? GREED….greedy business owners, landlords, banks, supermarket chains….everybody screws everybody and nobody complains.

    • Point boy says:

      Every other person out there wants a hand out. It’s not the government’s job to get you a job. You have to earn a job, and keep one

  8. retirement says:

    What are your thoughts on food production in Bermuda through innovative farming methods used in places like Japan and China. I wonder if the New Minister would be interested in that.

    • Real Deal says:

      one thing I notice as a bad flaw in Bermuda is not one continues to innovate.

      example you get a good idea and you run with it but you don’t improve on it you just keep milking the same idea until if die.

      and lack of maintains planning budgeting.

      there was a guy doing innovative farming up summerset was making good money but he did not continue to innovate and so the ever rising light bill started to cut into his pocket hard.

      if he continue to innovate he would have saw the rising light bill coming and adapted new technologies to counter the light bill.

      I don’t know if he is still up and running but I think he started with tomatoes.

  9. aceboy says:

    Last time I went to buy a shirt in London I paid the same price I would have paid for it in Bermuda, but I paid that price in Sterling.

  10. ImJustSayin says:

    It’s true..