Hamilton is located on the north side of Hamilton Harbour, and is Bermuda's main port. Although there is a parish of the same name, the city of Hamilton is in the parish of Pembroke. Finance and international business now constitute the largest sector of Bermuda's economy, and virtually all of this business takes place within the borders of Hamilton. Bermuda is British overseas territory, in the North Atlantic Ocean, off the east coast of the United States. The climate is subtropical, mild, and humid with gales and strong winds common in winter. The official language is English. Some Portuguese is also spoken. The main religion is Christianity. The economy of Bermuda is very affluent and has one of the highest per capita incomes in the world, having successfully exploited its location by providing financial services for international firms and luxury tourist facilities. Bermudians tend to be very formal. Expatriate business dress can vary, however conservative dress is recommended. Businesswomen hold high positions and are represented at the highest levels of business, politics and government. The security risk for expatriates in Bermuda is low. Risks include general crime, including theft from cars and houses. Other risks include those related to occasional hurricanes and tropical storms. The currency of Bermuda is the Bermudian Dollar (BMD). Banking is on a par with that of Western Europe and North America. Medical facilities are excellent including accident and emergency services. However the cost of treatment for expatriates can be high, particularly if repatriation by air ambulance is required. Cases of Chikungunya virus have been reported. The population of Hamilton is 13,000 (Working) (2019 est.), while the inflation rate (CPI) is 0.3% for Bermuda as at May 2019. Xpatulator Hypothetical Tax for Bermuda is based on the current personal income tax rate of 0% as there is currently no personal income tax.
Cost Of Living
The cost of living for expatriates / professional migrants in We have collected prices for the same items, world wide, and converted them to $USD so that we can compare the cost of 13 different baskets in 780 global locations. For each basket, compared to New York, the equivalent cost in Hamilton is as follows: Hamilton as at 1 October 2019 is very high in comparison to other places in the world. 1) Alcohol (where available) & Tobacco: for items such as beer, spirits, wine and tobacco related products such as cigarettes. A basket costing USD$1000 in New York costs USD$1190 2) Clothing: for items such as business, casual and children's clothing and footwear. A basket costing USD$1000 in New York costs USD$1230 3) Communication: for various communication costs such as home telephone rental, internet subscription, mobile service provider tariff and data costs. A basket costing USD$200 in New York costs USD$384 4) Education: for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. A basket costing USD$30000 in New York costs USD$28500 5) Furniture & Appliances: for items such as dining table and chairs, home entertainment, kitchen appliances, and sofas. A basket costing USD$2500 in New York costs USD$2125 6) Groceries: for items such as consumables, cleaning products, dairy, fresh fruit & vegetables, general food products, snacks, soft drinks. A basket costing USD$1000 in New York costs USD$1170 7) Healthcare: for general heath care, doctor visits, hospital stays, non-prescription medicine, and medical insurance. A basket costing USD$1000 in New York costs USD$730 8) Household Accommodation: for items such as apartment rent, house rent, property purchase, mortgage rate, and utilities. A basket costing USD$5000 in New York costs USD$4150 9) Miscellaneous: for items such as dry cleaning, linen, magazines, newspapers, office supplies, and postage stamps. A basket costing USD$500 in New York costs USD$385 10) Personal Care: for items such as cosmetics, hair care, and toiletries. A basket costing USD$500 in New York costs USD$355 11) Recreation & Culture: for items such as books, cinema, sport and theatre tickets. A basket costing USD$500 in New York costs USD$510 12) Restaurants Meals Out and Hotels: for items such as hotel daily room rates, meals and beverages in a restaurant, and take away food and beverages. A basket costing USD$1000 in New York costs USD$1170 13) Transport: for items such as fuel (petrol/gasoline), car hire, public transport, vehicle purchase and maintenance. A basket costing USD$1000 in New York costs USD$1270 Hamilton is 82% more expensive than Houston TX for groceries, 95.1% more expensive for household costs than Kuala Lumpur, and 115.7% more expensive for transport costs than Dubai. The hardship premium for Hamilton for an expat from Perth, is for example 10%, i.e. host location (Hamilton) premium of 20% minus home (Perth) location premium of 10%. Hamilton is ranked as a some hardship location. Want to know more about cost of living, hardship (quality of living) or expat salary in Hamilton? Register subscribe to your home location and Hamilton and run your personalised reports.