Cost of living comparison
Cayman Islands is 2.8 times more expensive than South Korea.
If you lived in Cayman Islands instead of South Korea, you would:
pay 3.2 times more for restaurants
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$6.16
₩8,651
|
$25.60
KYD21.33
|
|
|
Fast food combo meal
McDonalds, or similar
|
$5.24
₩7,358
|
$13.32
KYD11.10
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$1.47
₩2,067
|
$3.73
KYD3.11
|
|
| Bottle of water (11 fl. oz) |
$0.79
₩1,112
|
$2.91
KYD2.42
|
|
pay 58.1% more for groceries
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$3.08
₩4,321
|
$4.97
KYD4.14
|
|
| Local cheese (8 oz) |
$5.40
₩7,591
|
$6.42
KYD5.35
|
|
| Milk (1 gallon) |
$7.46
₩10,475
|
$10.93
KYD9.11
|
|
|
Eggs
1 dozen
|
$2.76
₩3,873
|
$7.59
KYD6.32
|
|
| Boneless chicken breast (1 lb) |
$3.32
₩4,664
|
$5.68
KYD4.73
|
|
| Apples (1 lb) |
$3.17
₩4,449
|
$4.21
KYD3.50
|
|
| Bananas (1 lb) |
$1.49
₩2,091
|
$2.08
KYD1.73
|
|
| Oranges (1 lb) |
$2.53
₩3,555
|
$3.17
KYD2.64
|
|
| Tomatoes (1 lb) |
$2.41
₩3,391
|
$3.42
KYD2.85
|
|
| Potatoes (1 lb) |
$1.82
₩2,563
|
$2.38
KYD1.98
|
|
| Onions (1 lb) |
$1.21
₩1,699
|
$2.38
KYD1.98
|
|
pay 2.8 times more for transportation
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.39
₩6,169
|
$6.65
KYD5.54
|
|
| Monthly public transit pass |
$45.32
₩63,647
|
$29.82
KYD24.85
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$27,023.07
₩37,954,166
|
$35,788.85
KYD29,817.44
|
|
| Taxi trip in downtown area (5 miles) |
$8.17
₩11,477
|
$63.62
KYD53.01
|
|
pay 5.4 times more for housing
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$17.65
₩24,795
|
$111.35
KYD92.77
|
|
| 1-Bedroom apartment in downtown area |
$426.93
₩599,630
|
$2,726.77
KYD2,271.81
|
|
| 1-Bedroom apartment outside city center |
$328.41
₩461,260
|
$1,977.92
KYD1,647.90
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$111.42
₩156,494
|
$302.47
KYD252.00
|
|
pay 2.5 times more for childcare
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$373.40
₩524,445
|
$1,465.64
KYD1,221.10
|
|
| Middle school for 1 child, two semesters |
$22,907.58
₩32,173,919
|
$25,139.68
KYD20,945.10
|
|
pay 2.6 times more for entertainment and sports
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$3.09
₩4,346
|
$7.56
KYD6.29
|
|
| Cappuccino in mid-range area |
$3.39
₩4,760
|
$6.41
KYD5.34
|
|
|
Pack of cigarettes
Marlboro or similar
|
$3.21
₩4,514
|
$13.12
KYD10.93
|
|
| Monthly membership at local gym |
$45.71
₩64,202
|
$138.18
KYD115.13
|
|
| Movie ticket to theater/cinema |
$10.10
₩14,183
|
$17.89
KYD14.91
|
|
pay 53.6% more for clothing
|
South Korea
|
Cayman Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$60.70
₩85,260
|
$89.47
KYD74.54
|
|
|
Regular dress
from H&M or similar store
|
$44.52
₩62,532
|
$70.09
KYD58.39
|
|
|
Running shoes
Nike or Adidas
|
$72.99
₩102,518
|
$119.30
KYD99.39
|
|
| Men's business shoes (leather) |
$93.73
₩131,645
|
$137.19
KYD114.30
|
|
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