MigrantoAverage salary in Bermuda
What people take home per month and earn per year, by industry and against other countries
Wages in Bermuda
88% of gross pay stays in hand after income tax and employee contributions
Per employee, all industries
Take-home / mo
BMD 5,980
Gross / yr
BMD 81,600
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Key facts
Salaries in Bermuda in numbers
8.4× the world median wage
Take-home averages BMD 5,980 a month, against BMD 715 in the middle country worldwide.
Among the highest-paying countries in the world
#2 of 169 by average take-home pay, at BMD 5,980 a month and #1 in North America.
How salaries in Bermuda compare
Neighbours, region and the world on the same take-home figure
Data source: National statistics 2024
Salary calculator
What you could earn in Bermuda
Tell us what you do and what you earn today — we'll estimate what someone with your background could earn in Bermuda, what your living costs might be, and what you could save
- What someone in your field earns
- What you could spend and save
- How it compares with today
Take-home in Bermuda
BMD 2,390/mo
vs BMD 1,200 in your country
Cost of living
BMD 1,820
vs BMD 800 in your country
Potential savings
BMD 575
more than in your country
Standard of living
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Frequently asked questions
What is the average salary in Bermuda?
The average salary in Bermuda is BMD 6,800 a month before tax, or BMD 5,980 take-home after tax and social contributions. Over a year that's BMD 81,600 before tax and BMD 71,800 after.
What is the average salary in Bermuda in US dollars?
The average salary in Bermuda in US dollars is about $81,600 a year before tax, or $5,984 a month after tax.
What is a good salary in Bermuda?
A good salary in Bermuda is generally one above the national average — more than BMD 5,980 take-home a month, or BMD 81,600 gross a year. But a lot depends on your spending, where you live, and your financial goals.
What salary do you need to live comfortably in Bermuda?
A typical person in Bermuda spends about BMD 4,260 a month, while the average take-home pay is BMD 5,980. How much you need to live comfortably depends on the city, your family situation, and how you usually spend. See the cost of living in Bermuda for the full picture.
Is Bermuda a high-salary country?
Yes. By average after-tax pay, Bermuda is ahead of 99% of countries worldwide and ranks 1st out of 3 countries in North America.
Where to live?
Score countries, regions and cities by what matters to you
Living in Bermuda
See the full country overview