Cost of living and prices in George Town, prices of food, rent, shopping, etc. 🇰🇾
Updated Jul 2023

Discover the vibrant city of George Town, located in the stunning Cayman Islands in the Caribbean. With its warm climate and stunning beaches, this city is a true paradise.

At an elevation of just 3 meters above sea level, George Town is home to a population of 27,704 residents. This bustling city operates on the America/Cayman time zone and is known for its lively culture and friendly locals.

Whether you're looking to relocate to the Cayman Islands or are simply planning a vacation, be sure to check out the cost of living in George Town to help you make the most of your time in this beautiful city.

Cost of Living Estimate in George Town

Total cost of living in George Town for two person with average consumption for one month will be 2059.98 USD, no rent price included. Click here to calculate cost-of-living estimate in George Town

You can calculate cost of living in George Town by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

George Town, Cayman Islands has a diverse culinary scene with plenty of options for foodies. From casual beachfront cafes to fine dining restaurants, visitors can find something to satisfy their taste buds. Local dishes such as conch fritters and turtle soup are a must-try while seafood lovers will be delighted with the freshly caught fish and lobster. International cuisines like Italian and Japanese are also popular in the area, and visitors can enjoy sushi, pasta, and pizza. Most of the restaurants have outdoor seating areas, allowing visitors to take in the beautiful views of the Caribbean Sea while enjoying their meals.

For those who prefer a more casual dining experience, George Town has plenty of food options that won't break the bank. Street food vendors serving up local treats like jerk chicken and fried plantains can be found throughout the town, and visitors can also grab a quick bite at one of the many fast-food restaurants. Several grocery stores sell pre-made meals and snacks, perfect for enjoying on the go. No matter your eating preferences or budget, George Town has a dining option for everyone!

Meal in Inexpensive Restaurant
17.99 $
Meal for 2 People, Mid-range Restaurant, Three-course
104.97 $
McMeal at McDonalds or Alternative Combo Meal
10.80 $
Domestic Beer, 0.5 liter Draught
5.40 $
Imported Beer, 0.33 liter Bottle
7.20 $
5.25 $
Coca-Cola, 0.33 liter Bottle
2.26 $

Markets prices

George Town, Cayman Islands is known for its bustling marketplaces and unique shopping experiences. From luxury boutiques to handmade crafts, there is something for everyone to enjoy. Visitors are often taken aback by the high level of craftsmanship and attention to detail put into each and every item for sale. While some may find the prices to be on the higher side, it is important to remember that many of the products sold in these markets are handmade or imported, which ultimately adds to their value and uniqueness.

Despite the higher prices, many visitors are more than willing to invest in these rare and beautiful products. In fact, some even travel to George Town, specifically to shop in the marketplaces and take home a piece of the island with them. The sellers are often eager to share the stories behind their products and the techniques used to create them, making each purchase even more special. Market prices in George Town, Cayman Islands certainly reflect the quality and care put into each item, leaving visitors with a truly unforgettable shopping experience.

Water, 0.33 liter Bottle
1.62 $
Milk, Regular,1 liter
3.33 $
Loaf of Fresh White Bread, 0.5 kg
4.64 $
White Rice, 1 kg
4.91 $
Eggs, 12 pack
6.00 $
Local Cheese, 1 kg
8.79 $
Chicken Breasts, Boneless and Skinless, 1 kg
13.20 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
34.79 $
Apples, 1 kg
9.39 $
Banana, 1 kg
12.00 $
Oranges, 1 kg
7.50 $
Tomato, 1 kg
10.60 $
Potato, 1 kg
5.04 $
Onion, 1 kg
1.80 $
Lettuce, 1 head
3.72 $
Water, 1.5 liter Bottle
3.80 $
Bottle of Wine, Mid-Range Price
23.99 $
Domestic Beer, 0.5 liter Bottle
3.06 $
Imported Beer, 0.33 liter Bottle
3.84 $
Pack of Cigarettes
10.80 $

Transportation prices

George Town, Cayman Islands is a vibrant city with several transportation options for visitors to explore. One of the most popular modes of transportation is the taxi service, which is readily available throughout the city. Taxis are a convenient option, allowing visitors to travel to various destinations with ease. Additionally, taxi drivers are knowledgeable about the area and can provide visitors with suggestions on the best places to visit.

If you are looking for a more adventurous way to explore George Town, consider renting a car. With a rental car, you can explore the city on your own time and at your own pace. Many rental car companies offer a variety of car models and options to choose from, making it easy to find the perfect vehicle for your needs. Although driving in George Town can be hectic, it can be a thrilling experience that allows you to fully immerse yourself in the city's culture and atmosphere.

One-way Ticket, Local Transport
2.40 $
Taxi Start, Normal Tariff
12.00 $
Taxi, price for 1 km, Normal Tariff
1.49 $
Taxi, price for 1 hour Waiting, Normal Tariff
59.98 $
Gasoline, 1 liter
1.44 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
35,989.02 $

Utilities Per Month prices

Traveling to George Town, Cayman Islands can be an exciting and fulfilling experience. However, it is essential to note that the utilities cost on the island may be higher than in other places. Water, electricity, and gas are all necessary daily needs, and these may come at a higher price in George Town. It might be essential for travelers to budget accordingly or prepare themselves mentally for the financial implications.

It is essential to note that energy conservation and sustainability are vital for the Cayman Islands, and government policies reflect this. Fortunately, the town is taking significant steps to promote renewable energy sources, which may help to reduce utilities costs over time. Travelers should also consider switching off appliances when not in use, conserving water, and using energy-efficient light bulbs to help reduce their overall utilities bills. With sustainable and budget-friendly practices, visitors to George Town, Cayman Islands can enjoy their time without over-exceeding their budget.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
345.45 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.36 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
135.93 $

Sports And Leisure prices

George Town, Cayman Islands offers visitors a plethora of sports and leisure activities. With its sparkling turquoise waters and white sandy beaches, it's no surprise that water sports are a popular pastime. Visitors can enjoy activities such as snorkeling, scuba diving, paddle boarding, and kayaking. Those seeking a more relaxing experience can opt for a sunset sail or a day on one of the many beach clubs. For those interested in land-based activities, there are ample opportunities for golfing, tennis, biking, and hiking.

In addition to outdoor activities, George Town offers a variety of leisure experiences. Visitors can wander through the art galleries and boutiques, or soak up some history at the local museums. For those who want to indulge in the culinary scene, there are many restaurants that offer a fusion of Caribbean and international cuisine. And, of course, no trip to George Town would be complete without trying some of the local rum. Whatever your interests may be, George Town has something to offer for everyone looking for sports and leisure activities.

Fitness Club, Monthly Fee for 1 Adult
68.73 $
Tennis Court Rent, 1 Hour on Weekend
41.99 $

Salaries And Financing prices

George Town, Cayman Islands is known for its prosperous economy, with many well-paying job opportunities in the financial sector. As a result, salaries in George Town are typically higher than the rest of the Caribbean. The cost of living is also higher, but it is offset by the tax benefits that come with living in the Cayman Islands. Visitors who are interested in finance and business may find it interesting to learn about the financial opportunities available in the area.

The cost of financing in George Town, Cayman Islands can vary depending on the type of financing required. The government has implemented policies to attract businesses to the area, which has led to a competitive banking industry with numerous international banks and financial institutions. Interest rates and fees for loans and credit cards tend to be lower than those in other Caribbean countries, and there are also plenty of options for investment opportunities. Whether you're looking to purchase a home or start your own business, it's important to do your research and work with a reputable financial institution to get the best deal possible.

Cinema ticket, 1 Seat
16.79 $
Average Monthly Net Salary, After Tax
6,317.02 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
5.83 %

Childcare prices

Childcare prices in George Town, Cayman Islands, can be quite steep, especially when it comes to schools and kindergartens. Parents are generally expected to pay a premium for quality education and care for their children. The city is home to several well-regarded schools that offer a range of educational programs, including Montessori and traditional curriculums. These schools tend to have high tuition fees, but they also tend to offer excellent resources and facilities to students. Similarly, the kindergartens in George Town are typically top-notch, providing children with a safe and stimulating environment to learn and grow.

If you're looking for affordable childcare options in George Town, you may have to do some research and careful planning. While the city does have some lower-cost options, such as home-based daycare providers, these may not always provide the same level of quality and care as more expensive options. Additionally, some parents may prefer to opt for private nannies or babysitters, which can also be pricey. Overall, it's important to factor in your budget and the specific needs of your child when choosing childcare options in George Town.

Private Preschool or Kindergarten, Monthly for 1 Child
1,174.65 $
International Primary School, Yearly for 1 Child
20,330.31 $

Clothing And Shoes prices

When it comes to clothing and shoe shopping in George Town, there are plenty of options for visitors and residents alike. You can find a variety of high-end designer clothing and shoe stores in some of the island's upscale shopping centers, as well as more affordable stores that cater to budget-conscious shoppers.

One of the best places to shop for clothing and shoes in George Town is Camana Bay. This shopping center features a variety of luxury retailers, including high-end fashion boutiques and designer shoe stores. For those looking for a more laid-back shopping experience, there are also several boutique-style stores that offer unique, one-of-a-kind pieces. Other popular shopping destinations in George Town include the George Town Shopping Center and Bayshore Mall, both of which offer a range of affordable stores for shoppers on a budget.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
51.58 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
61.48 $
Pair of Running Shoes, Mid-Range Price
143.96 $
Pair of Leather Business Shoes
149.95 $

Rent Per Month prices

Looking for a short stay in George Town, Cayman Islands? There are plenty of options available for those wanting a quick escape in paradise. From beachfront villas to cozy apartments, you'll find a wide variety of accommodation options to choose from. The prices will vary depending on the location, amenities, and the length of your stay, but you can easily find something that suits your budget and preferences.

Whether you're visiting for a few days or a week, the short-term rental options in George Town cater to all your needs. You can find fully furnished apartments equipped with all the necessary amenities like kitchens, Wi-Fi, and air conditioning. Some of the options even come with access to swimming pools, gyms, and other recreational facilities. With so many options to choose from, you can easily find a place that suits your budget and needs. Come and experience the beauty of this island paradise by booking a short-term rental in George Town, Cayman Islands.

One bedroom apartment in city centre
1,835.44 $
One bedroom apartment outside of city centre
1,419.56 $
Three bedroom apartment in city centre
4,723.56 $
Three bedroom apartment outside of city centre
3,694.87 $

Buy Apartment prices

If you're looking to invest in real estate in George Town, Cayman Islands, there are plenty of buying options available. The island offers a diverse range of properties to choose from, ranging from luxurious beachfront villas to modern townhouses and apartments that are perfect for young families or couples. You can find properties in the heart of the city or tucked away in quieter neighborhoods with beautiful sea views. So no matter what your preferences are, George Town has something to offer for every potential buyer.

However, it's important to note that real estate prices can vary greatly depending on factors such as location, property type, and size. Some of the most desirable parts of the island can come with a hefty price tag, but there are also affordable options available that provide great value for money. One thing to keep in mind is that the real estate market in Cayman Islands is a relatively stable one, with properties appreciating in value over time. So investing in a property in George Town can be a smart move for your long-term financial goals.

Price per m2 to Buy Apartment in City Center
35,911.33 $
Price per m2 to Buy Apartment Outside of City Center
9,682.76 $