Cost of living in George Town

In George Town, Cayman Islands, a single person typically needs around $3644 per month including rent. A family of four may spend about $8755 monthly.

How expensive is George Town compared to other cities?

Compared to the European benchmark, George Town is 155% more expensive overall.

How does George Town compare to your city?

George Town is 24% cheaper than New York City, without rent.

Rent in George Town is, on average, 3% lower than in New York City.

What drives the cost of living in George Town?

Who is George Town a good fit for?

George Town tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is George Town so expensive?

The high cost of living in George Town is primarily driven by rent and utilities, which significantly impact overall expenses.

Is food expensive in George Town?

Yes, food costs are 75% higher than the European benchmark, contributing to the overall expense of living.

Is public transport affordable in George Town?

Public transport is relatively affordable, being 23% lower than the European benchmark.

Cost of living breakdown

Cost of Living, one person, including rent
3644 $
Without Rent
1093 $
Rent & Utilities
2551 $
Food
836 $
Transport
58 $
Monthly Salary, after tax
5788 $
GDP per Capita
96,074 $
Freedom Index
8.10
Lifespan
82 years
Speak English
77%
Population
41.0K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 29.8 $
Dinner 81.7 $
Fast food, McDonalds or KFC 15.7 $
Beer, 0.5 L or 16 fl oz 7.16 $
Capuccino 6.66 $
Coke, 330ml 3.59 $

Compare George Town with:

Markets

Milk, 1 L or 1 qt 3.24 $
Bread, 0.5 kg or 1 lb 4.91 $
Rice, 1 kg or 2 lb 5.87 $
Eggs, 12 pack 9.58 $
Cheese, 1 kg or 2 lb 15.1 $
Chicken Breast, 1 kg or 2 lb 15 $
Round Steak, 1 kg or 2 lb 14.9 $
Apples, 1 kg or 2 lb 5.21 $
Banana, 1 kg or 2 lb 4.44 $
Oranges, 1 kg or 2 lb 7.76 $
Tomato, 1 kg or 2 lb 5.08 $
Potato, 1 kg or 2.2 lb 2.96 $
Onion, 1 kg or 2.2 lb 2.91 $
Water, 1 L or 1 qt 1.83 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.74 $
Wine, 750 mL bottle 23.9 $
Beer, 0.5 L or 16 fl oz 3.99 $
Cigarette pack 13.2 $

Transportation

One-way Ticket 3.01 $
Monthly Pass 30.2 $
Gas or Petrol, 1l or 0.26 gal 1.78 $
Taxi, 8 km 21.6 $

Personal Care

Doctor Visit, private clinic 110 $
Cold medicine, for 1 week 9.99 $
Hair Shampoo, 400 ml or 12 oz. 5.36 $
Toilet paper, 4 rolls 3.97 $
Toothpaste, 1 tube 2.41 $

Utilities per Month

1 person, electricity, heating, water & garbage 126 $
Family of 4, electricity, heating, water & garbage 196 $
Internet plan, +60 Mbps 113 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 2,239 $
3 Bedroom Apartment, outside of center, 85 sq.m 4,623 $
1 Bedroom Apartment, in city center, 40 sq.m 2,606 $
3 Bedroom Apartment, in city center, 85 sq.m 5,633 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 8,428 $
Price per Square Meter to Buy House, in suburbs 4,209 $

Salaries and Financing

Average Monthly Net Salary, after tax 5,788 $
Mortgage Interest Rate, for 20 years fixed-rate 7.76%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 87.2 $
Cinema, 1 seat 18.1 $
Haircut 23.5 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 129 $
Brand Jeans, Levis 501 94.7 $

Childcare

Preschool, full day, monthly for 1 child 1,615 $
International Primary School, yearly for 1 child 26,502 $

Compare George Town with other top cities

Cayman Islands
George Town vs George Town (George Town has similar costs)
Bahamas
George Town vs Nassau (Nassau is 24% less expensive) George Town vs Freeport (Freeport is 40% less expensive)
Vanuatu
George Town vs Port Vila (Port Vila is 36% less expensive) George Town vs Luganville (Luganville is 16% less expensive)
United States
George Town vs New York City (New York City is 11% more expensive) George Town vs Los Angeles (Los Angeles is 13% less expensive) George Town vs Chicago (Chicago is 27% less expensive) George Town vs Houston (Houston is 38% less expensive) George Town vs Phoenix (Phoenix is 35% less expensive) George Town vs Philadelphia (Philadelphia is 30% less expensive) George Town vs San Antonio (San Antonio is 40% less expensive) George Town vs San Diego (San Diego is 8% less expensive) George Town vs Dallas (Dallas is 30% less expensive) George Town vs San Jose (San Jose is 1% more expensive)
Canada
George Town vs Toronto (Toronto is 29% less expensive) George Town vs Montreal (Montreal is 46% less expensive) George Town vs Calgary (Calgary is 41% less expensive) George Town vs Ottawa (Ottawa is 39% less expensive) George Town vs Edmonton (Edmonton is 51% less expensive) George Town vs Winnipeg (Winnipeg is 52% less expensive) George Town vs Mississauga (Mississauga is 32% less expensive) George Town vs Vancouver (Vancouver is 27% less expensive) George Town vs Brampton (Brampton is 42% less expensive) George Town vs Hamilton (Hamilton is 41% less expensive)
Barbados
George Town vs Bridgetown (Bridgetown is 63% less expensive) George Town vs Holetown (Holetown is 62% less expensive)
Panama
George Town vs Panama City (Panama City is 62% less expensive) George Town vs Colon (Colon is 68% less expensive) George Town vs Tocumen (Tocumen is 66% less expensive) George Town vs Santiago de Veraguas (Santiago de Veraguas is 71% less expensive) George Town vs David (David is 77% less expensive) George Town vs La Chorrera (La Chorrera is 74% less expensive) George Town vs Balboa (Balboa is 66% less expensive) George Town vs Pacora (Pacora is 66% less expensive) George Town vs Chitre (Chitre is 70% less expensive) George Town vs Penonome (Penonome is 70% less expensive)
Saint Kitts And Nevis
George Town vs Basseterre (Basseterre is 66% less expensive) George Town vs Cayon (Cayon is 66% less expensive)
Cuba
George Town vs Havana (Havana is 72% less expensive) George Town vs Santiago de Cuba (Santiago de Cuba is 61% less expensive) George Town vs Holguin (Holguin is 65% less expensive) George Town vs Camaguey (Camaguey is 58% less expensive) George Town vs Santa Clara (Santa Clara is 71% less expensive) George Town vs Bayamo (Bayamo is 68% less expensive) George Town vs Guantanamo (Guantanamo is 57% less expensive) George Town vs Las Tunas (Las Tunas is 57% less expensive) George Town vs Pinar del Rio (Pinar del Rio is 70% less expensive) George Town vs Cienfuegos (Cienfuegos is 76% less expensive)
Costa Rica
George Town vs San Jose (San Jose is 66% less expensive) George Town vs Limon (Limon is 67% less expensive) George Town vs Liberia (Liberia is 75% less expensive) George Town vs Alajuela (Alajuela is 66% less expensive) George Town vs Puntarenas (Puntarenas is 65% less expensive) George Town vs Cartago (Cartago is 74% less expensive) George Town vs Heredia (Heredia is 66% less expensive) George Town vs Tamarindo (Tamarindo is 54% less expensive) George Town vs Santa Teresa (Santa Teresa is 64% less expensive)
Saint Lucia
George Town vs Castries (Castries is 68% less expensive) George Town vs Vieux Fort (Vieux Fort is 67% less expensive)
Jamaica
George Town vs Kingston (Kingston is 64% less expensive) George Town vs Spanish Town (Spanish Town is 79% less expensive) George Town vs Montego Bay (Montego Bay is 72% less expensive) George Town vs Half Way Tree (Half Way Tree is 68% less expensive) George Town vs May Pen (May Pen is 77% less expensive) George Town vs Mandeville (Mandeville is 73% less expensive) George Town vs Old Harbour (Old Harbour is 77% less expensive) George Town vs Linstead (Linstead is 71% less expensive) George Town vs Savanna-la-Mar (Savanna-la-Mar is 69% less expensive) George Town vs Port Antonio (Port Antonio is 69% less expensive)
El Salvador
George Town vs San Salvador (San Salvador is 67% less expensive) George Town vs Santa Ana (Santa Ana is 81% less expensive) George Town vs Soyapango (Soyapango is 68% less expensive) George Town vs San Miguel (San Miguel is 70% less expensive) George Town vs Mejicanos (Mejicanos is 68% less expensive) George Town vs Apopa (Apopa is 69% less expensive) George Town vs Santa Tecla (Santa Tecla is 67% less expensive) George Town vs Ahuachapan (Ahuachapan is 60% less expensive) George Town vs Usulutan (Usulutan is 70% less expensive) George Town vs Sonsonate (Sonsonate is 76% less expensive)
Antigua And Barbuda
George Town vs St. John's (St. John's is 70% less expensive) George Town vs All Saints (All Saints is 70% less expensive)
Grenada
George Town vs St. George's (St. George's is 71% less expensive) George Town vs Grenville (Grenville is 71% less expensive)
Dominica
George Town vs Roseau (Roseau is 72% less expensive) George Town vs Portsmouth (Portsmouth is 69% less expensive)
Saint Vincent
George Town vs Kingstown (Kingstown is 73% less expensive) George Town vs Georgetown (Georgetown is 72% less expensive)
Belize
George Town vs Belize City (Belize City is 76% less expensive) George Town vs San Ignacio (San Ignacio is 70% less expensive) George Town vs Belmopan (Belmopan is 80% less expensive) George Town vs San Pedro Town (San Pedro Town is 63% less expensive) George Town vs Caye Caulker (Caye Caulker is 57% less expensive)
Guatemala
George Town vs Guatemala City (Guatemala City is 72% less expensive) George Town vs Mixco (Mixco is 82% less expensive) George Town vs Coban (Coban is 75% less expensive) George Town vs Quetzaltenango (Quetzaltenango is 79% less expensive) George Town vs Jalapa (Jalapa is 75% less expensive) George Town vs San Miguel Petapa (San Miguel Petapa is 75% less expensive) George Town vs Momostenango (Momostenango is 76% less expensive) George Town vs Mazatenango (Mazatenango is 76% less expensive) George Town vs Flores (Flores is 76% less expensive) George Town vs Panajachel (Panajachel is 78% less expensive)
Honduras
George Town vs Tegucigalpa (Tegucigalpa is 77% less expensive) George Town vs San Pedro Sula (San Pedro Sula is 72% less expensive) George Town vs Choloma (Choloma is 84% less expensive) George Town vs La Ceiba (La Ceiba is 82% less expensive) George Town vs El Progreso (El Progreso is 76% less expensive) George Town vs Villanueva (Villanueva is 76% less expensive) George Town vs Comayagua (Comayagua is 80% less expensive) George Town vs Puerto Cortes (Puerto Cortes is 80% less expensive) George Town vs Yoro (Yoro is 80% less expensive) George Town vs La Lima (La Lima is 76% less expensive)
Dominican Republic
George Town vs Santiago de los Caballeros (Santiago de los Caballeros is 78% less expensive) George Town vs Santo Domingo (Santo Domingo is 71% less expensive) George Town vs Puerto Plata (Puerto Plata is 79% less expensive) George Town vs Higuey (Higuey is 79% less expensive) George Town vs La Vega (La Vega is 84% less expensive) George Town vs San Cristobal (San Cristobal is 77% less expensive) George Town vs San Pedro de Macoris (San Pedro de Macoris is 80% less expensive) George Town vs San Francisco de Macoris (San Francisco de Macoris is 86% less expensive) George Town vs San Juan de la Maguana (San Juan de la Maguana is 83% less expensive) George Town vs Bonao (Bonao is 85% less expensive)
Nicaragua
George Town vs Managua (Managua is 79% less expensive) George Town vs Leon (Leon is 82% less expensive) George Town vs Masaya (Masaya is 80% less expensive) George Town vs Matagalpa (Matagalpa is 85% less expensive) George Town vs Chinandega (Chinandega is 82% less expensive) George Town vs Esteli (Esteli is 84% less expensive) George Town vs Granada (Granada is 81% less expensive) George Town vs Jinotega (Jinotega is 87% less expensive) George Town vs Juigalpa (Juigalpa is 82% less expensive) George Town vs San Juan del Sur (San Juan del Sur is 76% less expensive)