In this section we give you an idea of how much things will cost in the Cayman Islands.
Learn about the average cost to rent an apartment or house in Cayman, and also typical monthly household running costs. We also provide the average cost of other items such as housewares and grocery costs based on a survey of the retail prices in Cayman’s supermarkets.
We also have two cost of living scenarios that you might want to check out before you move: a couple without children and a couple with children. These two pages will show the variance in set-up costs in moving to Cayman if you have children and if you do not.
Scenarios
Cost of Living Scenario (Couple Without Children)
A couple, if careful, can save easily save money in the Cayman Islands. Check out how much you can expect to spend each month.
Cost of Living Scenario (Couple with Children)
What families should know about the cost of living in the Cayman Islands including housing, education, health and other expenses.
General Expenses
From the cost of a bath towel and an alarm clock, to the cost of monthly rent on a one-bedroom and standard health insurance fees, Cayman Resident breaks it all down for you on this one handy table.
Below we provide a comprehensive expense table of the general costs for goods and services in the Cayman Islands. Please note that the prices below are in Cayman dollars and to convert to US dollars add approximately 20%.
For apartments or houses to rent the best thing to do is ask real estate agents, who specialise in rentals, for their list of available properties and also check out ECayTrade.com. Obviously there is a wide cross-section of places available, and more building is going on all the time adding to the Island's inventory, so you might be able to find an older one bedroom apartment a little further out of George Town for as little as CI$1200 a month and a brand new one in South Sound for over CI$3000. If you are willing to share a house/apartment there are often rooms going for rent in an apartment, and again the choice can really vary from the high end executive to the very basic. Some will have bills included and others will expect you to pay your share of the monthly water, electricity and cable TV bills.
Average Monthly Rental Rates
| Item | $CI |
|---|---|
| Studio Apartment | $1450 |
| 1 Bedroom Apartment | $2000 |
| 2 Bedroom Apartment | $2800 |
| 3 Bedroom Apartment | $4000 |
| 3 or 4 Bedroom House w/ Garden | $5000 |
*The figures above represent an average taken across Grand Cayman. In the South Sound and Seven Mile Beach areas, rental prices will be higher.
Monthly Household Expenses (2-Bedroom)
| Item | $CI |
|---|---|
| Electricity (including a/c) | $300 |
| Water | $90 |
| Cable/TV (packages range from CI$40-$120) | $80 |
| Telephone + Mobile (excluding overseas) | $110 |
| Internet Connection (for 200 mbps) | $90 |
| Cleaner - once per week/per month | $280 |
| A/C Maintenance – per quarter* | $225 |
| Pest Control – per quarter* | $125 |
| Groceries (for a couple per month) | $1600 |
| Entertainment/Other | $500 |
Housewares
| Item | $CI |
|---|---|
| Bath Towel | $13.50 |
| Broom | $4.80 |
| China Set (Gibson 30 piece) | $24.75 |
| Coffee Maker (Mr.Coffee 12 cup) | $49 |
| Cutting Board (Kitchen Details 14" x 11") | $18 |
| Dishwasher (Whirlpool} | $625 |
| Alarm Clock | $12 |
| Plates Set (8 piece) | $31 |
| Glasses Set (4 piece) | $14.75 |
| Igloo Wheeled Cooler (54 quarts) | $105 |
| Queen Comforter Set (5 piece) | $90 |
| King Sheets | $50 |
| Lawnmower | $790 |
| Light Bulbs (4 pack 10w) | $9.25 |
| Microwave (Whirlpool) | $190 |
| Paint (Flat emulsion interior 1 gal) | $39 |
| Pan Set (Oster 10 piece) | $83.50 |
| Refrigerator/Freezer (height 61 inch) | $1,530 |
| Screwdriver Set (7 piece) | $38 |
| Stove (Whirlpool 30 inch glass top) | $1,450 |
| Tall Kitchen Bin (20L) | $40 |
| Television (Samsung 65” flat screen) | $1049 |
| Toaster (Cuisart) | $48 |
| Washer/Dryer (Whirlpool) | $2,075 |
Medical Care
| Item | $CI |
|---|---|
| Advil (24 tablets) | $5.69 |
| Dentist Consultation | $276 |
| Dental Hygienist Cleaning | $275 |
| Consultation with a GP | $150 |
| Hospital Daily Rate (private room) | $495 |
| Hospital Daily Rate (semi-private) | $330 |
Grocery Costs
| Item | $CI |
|---|---|
| Butter (Anchor 8oz) | $3.49 |
| Baby Food (Gerber 8oz) | $3.89 |
| Baked Beans (Bush’s 28oz) | $4.19 |
| Batteries (Duracell pack of 4 AAA) | $4.39 |
| Beer (Pack of 6) | $13.99 |
| Bread (Nature’s Own 100% Whole Wheat) | $2.99 |
| Cat Food (Friskies 5.5oz can) | $1.29 |
| Cereal (Special K Original 9.6oz) | $6.69 |
| Chicken (breast per lb) | $5.99 |
| Cigarettes (Camel per pack 20) | $10 |
| Coca Cola (6 pack cans) | $5.49 |
| Coffee (Maxwell House 4oz) | $5.69 |
| Disposable Diapers (Huggies 22) | $12.19 |
| Dog Food (Purina dry food 4lb) | $15.49 |
| Eggs (12 Organic Valley) | $7.99 |
| Ice Cream (Ben & Jerrys 1 pint) | $7.89 |
| Laundry Detergent (Tide 46oz) | $8.59 |
| Milk (IGA Whole) | $5.69 |
| Milk (organic whole, 64oz) | $6.49 |
| Shampoo (TRESemmé 28fl oz) | $9.39 |
| Shower Gel (Dove 12oz) | $6.79 |
| Sirloin Steak (per lb) | $7.29 |
| Still Water (1 gallon) | $1.49 |
| Razor Blades (pack of 4) | $10.99 |
| Red Wine (Pinot Noir 750ml) | $22.99 |
| Tampax (Super pack of 10) | $2.99 |
| Toilet Paper (Charmin pack of 4) | $13.39 |
| Tomato Soup (Campbell’s 10.75oz) | $1.99 |
| Toothpaste (Colgate 6oz tube) | $3.19 |
| Tuna (Bumble Bee 5oz can) | $2.19 |
| White Wine (Pinot Grigio 750ml) | $18.99 |
| Whole Grain Rice (Uncle Ben’s 1lb) | $3.19 |
| Yoghurt (Dannon Activia 4 pack) | $5.39 |
