Cost of living in Cayman Islands compared to South Korea
Currency:
| Food | + 99% | |||
|---|---|---|---|---|
| Food in Cayman Islands is 99% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | CI$24 (₩37,538) | ₩9,573 | + 292% | |
| Combo meal in fast food restaurant (big mac meal or similar) | CI$12 (₩19,617) | ₩7,837 | + 150% | |
| 500 gr (1 lb.) of boneless chicken breast | CI$6 (₩9,985) | ₩6,830 | + 46% | |
| 1 liter (1 qt.) of whole fat milk | CI$3.21 (₩5,040) | ₩2,872 | + 75% | |
| 12 eggs, large | CI$8 (₩13,046) | ₩6,179 | + 111% | |
| 1 kg (2 lb.) of tomatoes | CI$8 (₩13,030) | ₩8,120 | + 60% | |
| 500 gr (16 oz.) of local cheese | CI$8 (₩13,090) | ₩7,646 | + 71% | |
| 1 kg (2 lb.) of apples | CI$7 (₩10,417) | ₩8,423 | + 24% | |
| 1 kg (2 lb.) of potatoes | CI$5.10 (₩8,024) | ₩4,872 | + 65% | |
| 0.5 l (16 oz) domestic beer in the supermarket | CI$4.29 (₩6,744) | ₩2,927 | + 130% | |
| 1 bottle of red table wine, good quality | CI$30 (₩46,891) | ₩20,558 | + 128% | |
| 2 liters of coca-cola | CI$5.43 (₩8,534) | ₩3,521 | + 142% | |
| Bread for 2 people for 1 day | CI$3.34 (₩5,255) | ₩4,142 | + 27% | |
| Housing | + 118% | |||
| Housing in Cayman Islands is 118% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | CI$4,044 (₩6,357,730) | ₩3,748,000 | + 70% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | CI$2,489 (₩3,913,433) | ₩2,221,890 | + 76% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | CI$382 (₩600,108) | ₩253,895 | + 136% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | CI$1,958 (₩3,077,556) | ₩1,163,600 | + 164% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | CI$1,536 (₩2,415,324) | ₩778,449 | + 210% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | CI$162 (₩254,693) | ₩120,000 | + 112% | |
| Internet 8 mbps (1 month) | CI$80 (₩126,359) | ₩31,294 | + 304% | |
| 40” flat screen tv | CI$429 (₩673,690) | ₩219,090 | + 207% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | CI$358 (₩562,084) | ₩89,516 | + 528% | |
| Laundry detergent (3 l. ~ 100 oz.) | CI$14 (₩21,423) | ₩16,029 | + 34% | |
| Hourly rate for cleaning help | CI$16 (₩25,050) | ₩14,433 | + 74% | |
| Clothes | + 73% | |||
| Clothes in Cayman Islands is 73% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| 1 pair of jeans (levis 501 or similar) | CI$70 (₩110,042) | ₩79,338 | + 39% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | CI$70 (₩110,042) | ₩58,578 | + 88% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | CI$141 (₩221,304) | ₩89,888 | + 146% | |
| 1 pair of men’s leather business shoes | CI$100 (₩157,203) | ₩144,451 | + 9% | |
| Transportation | - 26% | |||
| Transportation in Cayman Islands is 26% cheaper than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | CI$8,000 (₩12,576,209) | ₩41,899,500 | - 70% | |
| 1 liter (1/4 gallon) of gas | CI$1.35 (₩2,118) | ₩1,879 | + 13% | |
| Monthly ticket public transport | - | ₩56,684 | - | |
| Personal Care | + 57% | |||
| Personal Care in Cayman Islands is 57% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | CI$9 (₩14,553) | ₩8,245 | + 77% | |
| 1 box of antibiotics (12 doses) | CI$8 (₩12,576) | ₩4,500 | + 179% | |
| Short visit to private doctor (15 minutes) | CI$127 (₩199,163) | ₩45,465 | + 338% | |
| 1 box of 32 tampons (tampax, ob, ...) | CI$5.00 (₩7,860) | ₩21,034 | - 63% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | CI$6 (₩9,753) | ₩10,694 | - 9% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | CI$6 (₩9,570) | ₩8,457 | + 13% | |
| 4 rolls of toilet paper | CI$5.00 (₩7,860) | ₩5,308 | + 48% | |
| Tube of toothpaste | CI$4.69 (₩7,379) | ₩8,235 | - 10% | |
| Standard men's haircut in expat area of the city | CI$40 (₩63,320) | ₩12,817 | + 394% | |
| Entertainment | + 77% | |||
| Entertainment in Cayman Islands is 77% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Basic dinner out for two in neighborhood pub | CI$84 (₩131,619) | ₩32,969 | + 299% | |
| 2 tickets to the movies | CI$24 (₩37,136) | ₩28,078 | + 32% | |
| 2 tickets to the theater (best available seats) | CI$45 (₩70,741) | ₩270,239 | - 74% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | CI$130 (₩203,835) | ₩66,875 | + 205% | |
| 1 cocktail drink in downtown club | CI$15 (₩24,113) | ₩15,654 | + 54% | |
| Cappuccino in expat area of the city | CI$7 (₩11,134) | ₩5,405 | + 106% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | CI$6 (₩9,479) | ₩4,568 | + 107% | |
| Ipad wi-fi 128gb | CI$600 (₩943,216) | ₩795,597 | + 19% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | ₩207 | - | |
| 1 month of gym membership in business district | CI$58 (₩91,910) | ₩72,194 | + 27% | |
| 1 package of marlboro cigarettes | CI$11 (₩17,990) | ₩4,500 | + 300% | |
| TOTAL | + 75% | |||
These prices were last updated on March 18, 2023.
Exchange rate:
1572.026
KRW
/
KYD
This comparison is based on abundant and consistent data. It is based on 621 prices entered by 98 different people.
Cost of living in Cayman Islands is 75% more expensive than in South Korea
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