Cost of living comparison

Cayman Islands

compared to

South Korea

Seoul vs. George Town Cost of Living Summary

Seoul is 54.7% cheaper than George Town.

Restaurants: pay 64.0% less in Seoul
Groceries: pay 33.3% less in Seoul
Transportation: pay 36.8% less in Seoul
Housing: pay 70.6% less in Seoul
Childcare: pay 4.8% less in Seoul
Entertainment and Sports: pay 56.8% less in Seoul
Clothing: pay 45.8% less in Seoul

Expenses including housing, restaurants, entertainment and sports, clothing, transportation, and groceries are lower in Seoul.

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Seoul vs. George Town Cost Breakdown

If you lived in Seoul instead of George Town, you would:

Display currency: USD

pay 64.0% less for restaurants

	George Town	Seoul
Basic meal with drink at inexpensive restaurant	$30.00 KYD25.05	$8.96 ₩12,215	-70.1%
Fast food combo meal McDonalds, or similar	$16.80 KYD14.03	$7.46 ₩10,179	-55.6%
Bottle of Coca-Cola (11 fl. oz)	$3.03 KYD2.53	$1.58 ₩2,158	-47.8%
Bottle of water (11 fl. oz)	$2.85 KYD2.38	$0.79 ₩1,072	-72.4%
Average			-64.0%

George Town vs. Seoul - Cost of restaurants

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pay 33.3% less for groceries

	George Town	Seoul
Bread 1 loaf	$4.25 KYD3.55	$3.10 ₩4,224	-27.1%
Local cheese (8 oz)	$27.99 KYD23.37	$8.84 ₩12,055	-68.4%
Milk (1 gallon)	$17.33 KYD14.47	$7.79 ₩10,629	-55.0%
Eggs 1 dozen	$7.27 KYD6.07	$3.61 ₩4,917	-50.4%
Boneless chicken breast (1 lb)	$8.69 KYD7.26	$4.74 ₩6,466	-45.4%
Apples (1 lb)	$3.38 KYD2.82	$3.46 ₩4,724	+2.4%
Bananas (1 lb)	$1.65 KYD1.38	$1.57 ₩2,136	-5.1%
Oranges (1 lb)	$2.78 KYD2.32	$2.59 ₩3,537	-6.8%
Tomatoes (1 lb)	$3.54 KYD2.96	$2.83 ₩3,864	-19.9%
Potatoes (1 lb)	$1.86 KYD1.55	$1.66 ₩2,259	-10.8%
Onions (1 lb)	$1.79 KYD1.49	$1.16 ₩1,575	-35.5%
Average			-33.3%

George Town vs. Seoul - Cost of groceries

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pay 36.8% less for transportation

	George Town	Seoul
Gasoline (1 gallon)	$6.14 KYD5.12	$5.53 ₩7,545	-9.8%
Monthly public transit pass	$80.99 KYD67.64	$46.28 ₩63,112	-42.9%
New Volkswagen Golf 1.4 (standard edition)	$41,995.48 KYD35,071.22	$29,385.60 ₩40M	-30.0%
Taxi trip in downtown area (5 miles)	$49.61 KYD41.43	$8.51 ₩11,604	-82.9%
Average			-36.8%

George Town vs. Seoul - Cost of transportation

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pay 70.6% less for housing

	George Town	Seoul
Internet connection 50 mbps or faster, cable/dsl	$113.09 KYD94.44	$20.82 ₩28,392	-81.6%
1-Bedroom apartment in downtown area	$2,909.69 KYD2,429.93	$886.39 ₩1M	-69.5%
1-Bedroom apartment outside city center	$2,447.74 KYD2,044.15	$620.25 ₩846K	-74.7%
Utilities for two (700 sq ft apartment) including electric, gas, water, heating	$349.88 KYD292.19	$162.69 ₩222K	-53.5%
Average			-70.6%

George Town vs. Seoul - Cost of housing

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pay 4.8% less for childcare

	George Town	Seoul
Private preschool for 1 child, monthly	$1,806.23 KYD1,508.42	$1,927.59 ₩3M	+6.7%
Middle school for 1 child, two semesters	$26,602.85 KYD22,216.55	$22,602.27 ₩31M	-15.0%
Average			-4.8%

George Town vs. Seoul - Cost of childcare

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pay 56.8% less for entertainment and sports

	George Town	Seoul
Domestic/local beer (1 pint)	$7.20 KYD6.01	$3.73 ₩5,090	-48.2%
Cappuccino in mid-range area	$7.05 KYD5.89	$4.10 ₩5,593	-41.8%
Pack of cigarettes Marlboro or similar	$14.40 KYD12.02	$3.36 ₩4,581	-76.7%
Monthly membership at local gym	$214.60 KYD179.21	$58.22 ₩79,399	-72.9%
Movie ticket to theater/cinema	$18.60 KYD15.53	$11.20 ₩15,269	-39.8%
Average			-56.8%

George Town vs. Seoul - Cost of entertainment and sports

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pay 45.8% less for clothing

	George Town	Seoul
Regular jeans Levi's brand	$85.49 KYD71.39	$57.88 ₩78,937	-32.3%
Regular dress from H&M or similar store	$74.09 KYD61.88	$32.77 ₩44,695	-55.8%
Running shoes Nike or Adidas	$137.99 KYD115.23	$69.99 ₩95,451	-49.3%
Men's business shoes (leather)	$144.98 KYD121.08	$82.45 ₩112K	-43.1%
Average			-45.8%

George Town vs. Seoul - Cost of clothing

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We average the price of thousands of data points entered by users across the world. Sources: MyLifeElsewhere's cost-of-living dataset (prices updated November 2026). How we calculate this

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