Cost of living in Cayman Islands compared to South Korea
Currency:
| Food | + 103% | |||
|---|---|---|---|---|
| Food in Cayman Islands is 103% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | CI$24 (₩37,974) | ₩9,728 | + 290% | |
| Combo meal in fast food restaurant (big mac meal or similar) | CI$12 (₩19,846) | ₩7,824 | + 154% | |
| 500 gr (1 lb.) of boneless chicken breast | CI$6 (₩10,101) | ₩6,884 | + 47% | |
| 1 liter (1 qt.) of whole fat milk | CI$3.21 (₩5,099) | ₩2,888 | + 77% | |
| 12 eggs, large | CI$8 (₩13,197) | ₩6,434 | + 105% | |
| 1 kg (2 lb.) of tomatoes | CI$8 (₩13,182) | ₩8,039 | + 64% | |
| 500 gr (16 oz.) of local cheese | CI$8 (₩13,242) | ₩7,984 | + 66% | |
| 1 kg (2 lb.) of apples | CI$7 (₩10,538) | ₩8,424 | + 25% | |
| 1 kg (2 lb.) of potatoes | CI$5.10 (₩8,118) | ₩4,900 | + 66% | |
| 0.5 l (16 oz) domestic beer in the supermarket | CI$4.29 (₩6,823) | ₩2,924 | + 133% | |
| 1 bottle of red table wine, good quality | CI$30 (₩47,437) | ₩20,791 | + 128% | |
| 2 liters of coca-cola | CI$5.43 (₩8,633) | ₩3,925 | + 120% | |
| Bread for 2 people for 1 day | CI$3.34 (₩5,316) | ₩4,099 | + 30% | |
| Housing | + 114% | |||
| Housing in Cayman Islands is 114% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | CI$3,452 (₩5,489,941) | ₩3,727,990 | + 47% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | CI$2,489 (₩3,958,938) | ₩2,236,600 | + 77% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | CI$382 (₩607,086) | ₩272,954 | + 122% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | CI$1,958 (₩3,113,341) | ₩1,095,220 | + 184% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | CI$1,536 (₩2,443,409) | ₩714,933 | + 242% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | CI$162 (₩257,655) | ₩120,000 | + 115% | |
| Internet 8 mbps (1 month) | CI$80 (₩127,829) | ₩30,234 | + 323% | |
| 40” flat screen tv | CI$429 (₩681,524) | ₩219,090 | + 211% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | CI$358 (₩568,620) | ₩100,000 | + 469% | |
| Laundry detergent (3 l. ~ 100 oz.) | CI$14 (₩21,672) | ₩16,029 | + 35% | |
| Hourly rate for cleaning help | CI$16 (₩25,341) | ₩14,433 | + 76% | |
| Clothes | + 71% | |||
| Clothes in Cayman Islands is 71% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| 1 pair of jeans (levis 501 or similar) | CI$70 (₩111,321) | ₩82,132 | + 36% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | CI$70 (₩111,321) | ₩59,762 | + 86% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | CI$141 (₩223,877) | ₩94,430 | + 137% | |
| 1 pair of men’s leather business shoes | CI$100 (₩159,031) | ₩148,450 | + 7% | |
| Transportation | - 21% | |||
| Transportation in Cayman Islands is 21% 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 (₩12,722,443) | ₩41,461,500 | - 69% | |
| 1 liter (1/4 gallon) of gas | CI$1.35 (₩2,142) | ₩1,846 | + 16% | |
| Monthly ticket public transport | - | ₩56,684 | - | |
| Personal Care | + 42% | |||
| Personal Care in Cayman Islands is 42% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | CI$9 (₩14,722) | ₩7,985 | + 84% | |
| 1 box of antibiotics (12 doses) | CI$8 (₩12,722) | ₩12,000 | + 6% | |
| Short visit to private doctor (15 minutes) | CI$127 (₩201,479) | ₩42,086 | + 379% | |
| 1 box of 32 tampons (tampax, ob, ...) | CI$5.00 (₩7,952) | ₩21,034 | - 62% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | CI$6 (₩9,867) | ₩15,000 | - 34% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | CI$6 (₩9,681) | ₩9,644 | + 0% | |
| 4 rolls of toilet paper | CI$5.00 (₩7,952) | ₩3,593 | + 121% | |
| Tube of toothpaste | CI$4.69 (₩7,465) | ₩8,235 | - 9% | |
| Standard men's haircut in expat area of the city | CI$40 (₩64,056) | ₩12,817 | + 400% | |
| Entertainment | + 83% | |||
| Entertainment in Cayman Islands is 83% more expensive than in South Korea | ||||
| Cayman Islands | South Korea | Diff | ||
| Basic dinner out for two in neighborhood pub | CI$84 (₩133,149) | ₩32,969 | + 304% | |
| 2 tickets to the movies | CI$24 (₩37,568) | ₩28,078 | + 34% | |
| 2 tickets to the theater (best available seats) | CI$45 (₩71,564) | ₩270,239 | - 74% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | CI$130 (₩206,205) | ₩67,904 | + 204% | |
| 1 cocktail drink in downtown club | CI$15 (₩24,394) | ₩15,654 | + 56% | |
| Cappuccino in expat area of the city | CI$7 (₩11,263) | ₩5,405 | + 108% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | CI$6 (₩9,589) | ₩4,618 | + 108% | |
| Ipad wi-fi 128gb | CI$600 (₩954,183) | ₩780,501 | + 22% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | - | ₩207 | - | |
| 1 month of gym membership in business district | CI$58 (₩92,979) | ₩84,504 | + 10% | |
| 1 package of marlboro cigarettes | CI$11 (₩18,199) | ₩4,500 | + 304% | |
| TOTAL | + 72% | |||
These prices were last updated on May 26, 2023.
Exchange rate:
1590.305
KRW
/
KYD
This comparison is based on abundant and consistent data. It is based on 524 prices entered by 93 different people.
Cost of living in Cayman Islands is 72% more expensive than in South Korea
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