Cost of living comparison

Reykjavik, Iceland

compared to

Cayman Islands

Cayman Islands vs. Reykjavik Cost of Living Summary

Cayman Islands is 94.8% more expensive than Reykjavik.

Restaurants: pay 13.3% more in Cayman Islands
Groceries: pay 74.9% more in Cayman Islands
Transportation: pay 16.7% more in Cayman Islands
Housing: pay 2.4 times more in Cayman Islands
Childcare: pay 5.0 times more in Cayman Islands
Entertainment and Sports: pay 23.3% more in Cayman Islands
Clothing: pay 6.9% less in Cayman Islands

The cost of childcare, housing, groceries, entertainment and sports, transportation, and restaurants in Cayman Islands are more expensive than in Reykjavik. Notably, childcare and housing are significantly more expensive in Cayman Islands.

Cayman Islands vs. Reykjavik Cost Breakdown

If you lived in Cayman Islands instead of Reykjavik, you would:

Display currency: USD

pay 13.3% more for restaurants

	Reykjavik	Cayman Islands
Basic meal with drink at inexpensive restaurant	$20.00 ISK2,664	$25.60 KYD21.28	+28.0%
Fast food combo meal McDonalds, or similar	$18.02 ISK2,400	$13.32 KYD11.07	-26.1%
Bottle of Coca-Cola (11 fl. oz)	$3.15 ISK420	$3.73 KYD3.10	+18.2%
Bottle of water (11 fl. oz)	$2.19 ISK291	$2.91 KYD2.42	+33.1%
Average			+13.3%

Reykjavik vs. Cayman Islands - Cost of restaurants

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pay 74.9% more for groceries

	Reykjavik	Cayman Islands
Bread 1 loaf	$3.61 ISK481	$4.97 KYD4.13	+37.7%
Local cheese (8 oz)	$7.76 ISK1,033	$6.42 KYD5.34	-17.2%
Milk (1 gallon)	$6.40 ISK853	$10.93 KYD9.09	+70.7%
Eggs 1 dozen	$5.76 ISK767	$7.59 KYD6.31	+31.9%
Boneless chicken breast (1 lb)	$9.45 ISK1,258	$5.68 KYD4.72	-39.9%
Apples (1 lb)	$1.40 ISK187	$4.21 KYD3.50	+200.0%
Bananas (1 lb)	$1.01 ISK134	$2.08 KYD1.73	+106.3%
Oranges (1 lb)	$1.22 ISK162	$3.17 KYD2.63	+160.0%
Tomatoes (1 lb)	$2.22 ISK296	$3.42 KYD2.84	+53.6%
Potatoes (1 lb)	$1.43 ISK191	$2.38 KYD1.98	+65.7%
Onions (1 lb)	$0.93 ISK124	$2.38 KYD1.98	+155.0%
Average			+74.9%

Reykjavik vs. Cayman Islands - Cost of groceries

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pay 16.7% more for transportation

	Reykjavik	Cayman Islands
Gasoline (1 gallon)	$8.50 ISK1,132	$6.65 KYD5.53	-21.8%
Monthly public transit pass	$74.95 ISK9,984	$29.82 KYD24.79	-60.2%
New Volkswagen Golf 1.4 (standard edition)	$42,450.45 ISK5,654,400	$35,788.85 KYD29,753.02	-15.7%
Taxi trip in downtown area (5 miles)	$24.05 ISK3,204	$63.62 KYD52.89	+164.5%
Average			+16.7%

Reykjavik vs. Cayman Islands - Cost of transportation

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pay 2.4 times more for housing

	Reykjavik	Cayman Islands
Internet connection 50 mbps or faster, cable/dsl	$69.87 ISK9,306	$111.35 KYD92.57	+59.4%
1-Bedroom apartment in downtown area	$1,971.17 ISK262,560	$2,726.77 KYD2,266.90	+38.3%
1-Bedroom apartment outside city center	$1,803.44 ISK240,218	$1,977.92 KYD1,644.34	+9.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$53.95 ISK7,187	$302.47 KYD251.46	+460.6%
Average			+142.0%

Reykjavik vs. Cayman Islands - Cost of housing

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pay 5.0 times more for childcare

	Reykjavik	Cayman Islands
Private preschool for 1 child, monthly	$252.14 ISK33,585	$1,465.64 KYD1,218.46	+481.3%
Middle school for 1 child, two semesters	$5,993.99 ISK798,400	$25,139.68 KYD20,899.84	+319.4%
Average			+400.4%

Reykjavik vs. Cayman Islands - Cost of childcare

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pay 23.3% more for entertainment and sports

	Reykjavik	Cayman Islands
Domestic/local beer (1 pint)	$10.81 ISK1,440	$7.56 KYD6.28	-30.1%
Cappuccino in mid-range area	$5.31 ISK707	$6.41 KYD5.33	+20.8%
Pack of cigarettes Marlboro or similar	$12.25 ISK1,631	$13.12 KYD10.91	+7.2%
Monthly membership at local gym	$69.95 ISK9,317	$138.18 KYD114.88	+97.6%
Movie ticket to theater/cinema	$14.77 ISK1,968	$17.89 KYD14.88	+21.1%
Average			+23.3%

Reykjavik vs. Cayman Islands - Cost of entertainment and sports

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pay 6.9% less for clothing

	Reykjavik	Cayman Islands
Regular jeans Levi's brand	$108.97 ISK14,515	$89.47 KYD74.38	-17.9%
Regular dress from H&M or similar store	$49.72 ISK6,623	$70.09 KYD58.27	+41.0%
Running shoes Nike or Adidas	$151.85 ISK20,227	$119.30 KYD99.18	-21.4%
Men's business shoes (leather)	$194.16 ISK25,862	$137.19 KYD114.05	-29.3%
Average			-6.9%

Reykjavik vs. Cayman Islands - 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: March 2025

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