The steel material for a carburized bearing part according to the present invention contains, by mass %, C: 0.25 to 0.45%, Si: 0.15 to 0.45%, Mn: 0.40 to 1.50%, P: 0.015% or less, S: 0.005% or less, Cr: 0.60 to 2.00%, Mo: 0.10 to 0.35%, V: 0.20 to 0.40%, Al: 0.005 to 0.100%, Ca: 0.0002 to 0.0010%, N: 0.0300% or less and O: 0.0015% or less, with the balance being Fe and impurities, and satisfies Formulae (1) to (3). 1.20 0.50  (2) 2.7C+0.4Si+Mn+0.45Ni+0.8Cr+Mo+V>2.55  (3) Formula (2) shows an area fraction of sulfides containing Ca in an amount of 1 mol % or more among sulfides having an equivalent circular diameter of 1 μm or more.