Cost of living comparison

Cayman Islands

compared to

South Korea

South Korea vs. Cayman Islands Cost of Living Summary

South Korea is 48.3% cheaper than Cayman Islands overall.

Restaurants: pay 67.5% less in South Korea
Groceries: pay 33.3% less in South Korea
Transportation: pay 23.4% less in South Korea
Housing: pay 78.8% less in South Korea
Childcare: pay 41.7% less in South Korea
Entertainment and Sports: pay 58.4% less in South Korea
Clothing: pay 34.8% less in South Korea

Expenses including housing, restaurants, entertainment and sports, childcare, clothing, and groceries are lower in South Korea.

South Korea vs. Cayman Islands Cost Breakdown

If you lived in South Korea instead of Cayman Islands, you would:

Display currency: USD

pay 67.5% less for restaurants

	Cayman Islands	South Korea
Basic meal with drink at inexpensive restaurant	$25.60 KYD21.33	$6.16 ₩8,495	-75.9%
Fast food combo meal McDonalds, or similar	$13.32 KYD11.10	$5.24 ₩7,225	-60.7%
Bottle of Coca-Cola (11 fl. oz)	$3.73 KYD3.11	$1.47 ₩2,030	-60.5%
Bottle of water (11 fl. oz)	$2.91 KYD2.42	$0.79 ₩1,092	-72.8%
Average			-67.5%

Cayman Islands vs. South Korea - Cost of restaurants

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pay 33.3% less for groceries

	Cayman Islands	South Korea
Bread 1 loaf	$4.97 KYD4.14	$3.08 ₩4,243	-38.1%
Local cheese (8 oz)	$6.42 KYD5.35	$5.40 ₩7,454	-15.9%
Milk (1 gallon)	$10.93 KYD9.11	$7.46 ₩10,286	-31.8%
Eggs 1 dozen	$7.59 KYD6.32	$2.76 ₩3,803	-63.7%
Boneless chicken breast (1 lb)	$5.68 KYD4.73	$3.32 ₩4,580	-41.5%
Apples (1 lb)	$4.21 KYD3.50	$3.17 ₩4,369	-24.7%
Bananas (1 lb)	$2.08 KYD1.73	$1.49 ₩2,053	-28.5%
Oranges (1 lb)	$3.17 KYD2.64	$2.53 ₩3,491	-20.0%
Tomatoes (1 lb)	$3.42 KYD2.85	$2.41 ₩3,330	-29.3%
Potatoes (1 lb)	$2.38 KYD1.98	$1.82 ₩2,517	-23.2%
Onions (1 lb)	$2.38 KYD1.98	$1.21 ₩1,668	-49.2%
Average			-33.3%

Cayman Islands vs. South Korea - Cost of groceries

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pay 23.4% less for transportation

	Cayman Islands	South Korea
Gasoline (1 gallon)	$6.65 KYD5.54	$4.39 ₩6,058	-33.9%
Monthly public transit pass	$29.82 KYD24.85	$45.32 ₩62,498	+51.9%
New Volkswagen Golf 1.4 (standard edition)	$35,788.85 KYD29,817.30	$27,023.07 ₩37,269,131	-24.5%
Taxi trip in downtown area (5 miles)	$63.62 KYD53.01	$8.17 ₩11,270	-87.2%
Average			-23.4%

Cayman Islands vs. South Korea - Cost of transportation

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pay 78.8% less for housing

	Cayman Islands	South Korea
Internet connection 50 mbps or faster, cable/dsl	$111.35 KYD92.77	$17.65 ₩24,348	-84.1%
1-Bedroom apartment in downtown area	$2,726.77 KYD2,271.79	$426.93 ₩588,807	-84.3%
1-Bedroom apartment outside city center	$1,977.92 KYD1,647.89	$328.41 ₩452,934	-83.4%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$302.47 KYD252.00	$111.42 ₩153,670	-63.2%
Average			-78.8%

Cayman Islands vs. South Korea - Cost of housing

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pay 41.7% less for childcare

	Cayman Islands	South Korea
Private preschool for 1 child, monthly	$1,465.64 KYD1,221.09	$373.40 ₩514,979	-74.5%
Middle school for 1 child, two semesters	$25,139.68 KYD20,945.00	$22,907.58 ₩31,593,212	-8.9%
Average			-41.7%

Cayman Islands vs. South Korea - Cost of childcare

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pay 58.4% less for entertainment and sports

	Cayman Islands	South Korea
Domestic/local beer (1 pint)	$7.56 KYD6.29	$3.09 ₩4,267	-59.0%
Cappuccino in mid-range area	$6.41 KYD5.34	$3.39 ₩4,674	-47.1%
Pack of cigarettes Marlboro or similar	$13.12 KYD10.93	$3.21 ₩4,433	-75.5%
Monthly membership at local gym	$138.18 KYD115.13	$45.71 ₩63,043	-66.9%
Movie ticket to theater/cinema	$17.89 KYD14.91	$10.10 ₩13,927	-43.6%
Average			-58.4%

Cayman Islands vs. South Korea - Cost of entertainment and sports

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pay 34.8% less for clothing

	Cayman Islands	South Korea
Regular jeans Levi's brand	$89.47 KYD74.54	$60.70 ₩83,721	-32.2%
Regular dress from H&M or similar store	$70.09 KYD58.39	$44.52 ₩61,404	-36.5%
Running shoes Nike or Adidas	$119.30 KYD99.39	$72.99 ₩100,668	-38.8%
Men's business shoes (leather)	$137.19 KYD114.30	$93.73 ₩129,269	-31.7%
Average			-34.8%

Cayman Islands vs. South Korea - Cost of clothing

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025

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