The price isn’t right in Bermuda
Bermuda’s capital has topped the list of most expensive cities to live, by crowd sourced global database numbeo.com.
The website thecrazytourist.com, founded by a former Google software engineer, ranked the top 20 most expensive cities with Hamilton’s cost of living listed as $4,769 — $157 more expensive than the second most expensive San Francisco [$4,612].
Next came New York [$4,207], Geneva [$3,314] and Hong Kong [$3,244].
Tokyo was at number 20 at $2,208.
Bermuda towered above the other cities in terms of the price paid for high speed internet access at $140 compared to the next most expensive — Geneva at $57.10.
According to the data, collected through user submissions, rent swallowed up the lion’s share of costs at 61.6 per cent, restaurant food took up 12.7 per cent while eating at home took up 10.7 per cent.
Breaking down the costs of goods, Hamilton sold the most expensive beer at $9 with the next most expensive hailing from Geneva at $6.86. There was no specification on how much beer that would buy as was the case with milk where in Hamilton it was listed as being $16.40 for the same amount for $4.49 in San Francisco.
Accompanying the figures, an article on thecrazytourist.com read: “Luckily, almost anywhere you go, the cost of a beer hovers around $6, so if you’re left reeling after spending all that money, you can take the edge off with a pint. Hamilton is the exception; at $9 a beer, you’ll need a few more to forget about the damage to your wallet.”
