Here are details for how much it will cost to live in Cayman as a couple without children.
Scenario 1: Couple
- Teacher earning CI$4,500 per month and an Accountant earning CI$6,500 per month
- 1 small, but reliable second-hand car
- 1-bedroom apartment in South Sound
- Other expenses include dinner once a week
| Motor Vehicle Costs | CI Dollars |
|---|---|
| Purchase of a vehicle | $11,500 |
| Motor vehicle insurance (3rd party) | $650 |
| Drivers licences x 2 | $250 |
| Vehicle licensing/inspection | $215 |
| Total initial vehicle setup cost | $12,615 |
| Monthly Living Expenses | CI Dollars |
|---|---|
| Rent | $3,000 |
| Telephone + mobile | $120 |
| Water | $80 |
| Electricity | $380 |
| Internet | $140 |
| Petrol | $240 |
| Groceries | $1,000 |
| Entertainment/Other | $610 |
| Total monthly living expenses | $5,370 |
| Monthly Totals w/Compulsory Expenses | CI Dollars |
|---|---|
| Pension 5% | $550 |
| Health Insurance | $700 |
| Total Monthly Income | $11,000 |
| Total Monthly Expenses | $6,620 |
