Cost of living comparison
Cayman Islands is 2.0 times more expensive than Iceland.
If you lived in Cayman Islands instead of Iceland, you would:
pay 9.8% more for restaurants
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$17.84
kr2,439
|
$18.00
$14.93
|
|
Fast food combo meal
McDonalds, or similar
|
$14.27
kr1,951
|
$12.00
$9.95
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.32
kr317
|
$3.22
$2.68
|
|
Bottle of water (11 fl. oz) |
$2.12
kr290
|
$2.44
$2.03
|
|
pay 88.5% more for groceries
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Bread
1 loaf
|
$3.42
kr468
|
$4.74
$3.93
|
|
Local cheese (8 oz) |
$5.98
kr818
|
$5.32
$4.42
|
|
Milk (1 gallon) |
$5.33
kr728
|
$17.47
$14.50
|
|
Eggs
1 dozen
|
$5.66
kr774
|
$6.79
$5.63
|
|
Boneless chicken breast (1 lb) |
$7.09
kr970
|
$4.08
$3.38
|
|
Apples (1 lb) |
$1.16
kr159
|
$3.33
$2.76
|
|
Bananas (1 lb) |
$0.98
kr134
|
$1.39
$1.16
|
|
Oranges (1 lb) |
$1.17
kr160
|
$2.38
$1.97
|
|
Tomatoes (1 lb) |
$1.84
kr251
|
$2.94
$2.44
|
|
Potatoes (1 lb) |
$0.96
kr131
|
$1.90
$1.58
|
|
Onions (1 lb) |
$0.51
kr70
|
$1.79
$1.49
|
|
pay 19.5% less for transportation
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.03
kr1,099
|
$6.60
$5.48
|
|
Monthly public transit pass |
$77.40
kr10,584
|
$30.00
$24.89
|
|
New Volkswagen Golf 1.4 (standard edition) |
$29,836.83
kr4,080,131
|
$35,995.22
$29,864.33
|
|
Taxi trip in downtown area (5 miles) |
$23.97
kr3,277
|
?? | |
pay 2.6 times more for housing
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$62.40
kr8,533
|
$131.85
$109.39
|
|
1-Bedroom apartment in downtown area |
$1,437.14
kr196,527
|
$2,969.61
$2,463.81
|
|
1-Bedroom apartment outside city center |
$1,215.63
kr166,234
|
$2,009.73
$1,667.43
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$68.63
kr9,385
|
$308.06
$255.59
|
|
pay 5.3 times more for childcare
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$259.34
kr35,465
|
$929.88
$771.50
|
|
Middle school for 1 child, two semesters |
$2,750.10
kr376,071
|
$19,137.46
$15,877.87
|
|
pay 20.3% more for entertainment and sports
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$8.52
kr1,165
|
$6.30
$5.23
|
|
Cappuccino in mid-range area |
$4.15
kr568
|
$5.85
$4.85
|
|
Pack of cigarettes
Marlboro or similar
|
$10.64
kr1,454
|
$12.00
$9.95
|
|
Monthly membership at local gym |
$56.90
kr7,781
|
$72.39
$60.06
|
|
Movie ticket to theater/cinema |
$12.27
kr1,678
|
$18.00
$14.93
|
|
pay 22.8% more for clothing
Iceland
|
Cayman Islands
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$118.08
kr16,147
|
$83.99
$69.68
|
|
Regular dress
from H&M or similar store
|
$50.39
kr6,891
|
$106.49
$88.35
|
|
Running shoes
Nike or Adidas
|
$151.12
kr20,665
|
$181.18
$150.32
|
|
Men's business shoes (leather) |
$175.20
kr23,958
|
$155.98
$129.41
|
|
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