Cayman Islands vs Latvia - Cost of Living Comparison

Updated:

Livingcost

Cayman Islands Latvia
🚶 Cost of living one person
$3644
$1102
👨‍👩‍👧‍👦 Cost of living Family
$8755
$2773
🏠 One person rent
$2551
$532
🏘️ Family rent
$5134
$929
🍽️ Food expenses
$836
$382
🚐 Transport expenses
$57.8
$66.4
💳 Monthly salary after tax
$5788
$1202
💸 GDP per capita
$96074
$23184
😃 Human freedom index
8.1
8.45
❤️ Life expectancy
82
74.6
👮 Corruption perceptions index
76
60
🌐 English speaking %
76.6%
45.9%
🎓 Higher education
22
72
😀 Quality of life
82
72
🏙️ Population
65.5K
1.87M

The average cost of living in the Cayman Islands ($3644) is 231% more expensive than in Latvia ($1102). the Cayman Islands ranked 2nd vs 70th for Latvia in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.6 months in the Cayman Islands compared to 1.1 months in Latvia. Ranked 25th and 42nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Cayman Islands vs Latvia infographic

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Prices in the Cayman Islands vs Latvia

We calculate prices for the Cayman Islands and Latvia as a population-weighted mean of 1 and 10 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Cayman Islands Latvia
Eating Out
🍱 Lunch Menu
$29.8
$9.75
🥂 Dinner in a Restaurant, for 2
$81.7
$53.1
🥪 Fast food meal, equiv. McDonald's
$15.7
$7.72
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$7.16
$4.6
 Cappuccino
$6.66
$3.46
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$3.59
$1.5
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$2606
$467
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$2239
$310
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$5633
$853
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$4623
$590
🔌 Utility Bill one person, electricity, heating, water, etc.
$126
$173
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$196
$269
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$113
$17.9
🏦 Mortgage Interest Rate for 20 Years
7.76%
4.32%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8428
$2318
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4209
$1507
Transportation
🚌 Local transport ticket
$3.01
$1.41
🎟️ Monthly ticket local transport
$30.2
$35.7
🚕 Taxi Ride, 8 km or 5 mi
$21.6
$10.2
 Gas / Petrol, 1 L or 0.26 gal
$1.78
$1.85
Groceries
🥛 Milk, 1 L or 1 qt
$3.24
$1.26
🍞 Bread, 0.5 kg or 1.1 lb
$4.91
$1.33
🍚 Rice, 1 kg or 2.2 lb
$5.87
$2.41
🥚 Eggs, x12
$9.58
$2.83
🧀 Cheese, 1 kg or 2.2 lb
$15.1
$11.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$15
$7.22
🥩 Round Steak, 1 kg or 2.2 lb
$14.9
$10.8
🍏 Apples, 1 kg or 2.2 lb
$5.21
$1.48
🍌 Banana, 1 kg or 2.2 lb
$4.44
$1.82
🍊 Oranges, 1 kg or 2.2 lb
$7.76
$2.41
🍅 Tomato, 1 kg or 2.2 lb
$5.08
$3.22
🥔 Potato, 1 kg or 2.2 lb
$2.96
$0.87
🧅 Onion, 1 kg or 2.2 lb
$2.91
$0.94
🌊 Water, 1 L or 1 qt
$1.83
$0.56
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$2.21
🍾 Wine (mid-priced), 750 mL bottle
$23.9
$8.17
🍺 Beer, 0.5 L or 16 fl oz
$3.99
$1.74
🚬 Cigarette pack
$13.2
$5.37
💊 Cold medicince, 1 week
$9.99
$7.53
🧴 Hair Shampoo
$5.36
$5.07
🧻 Toilet paper, 4 rolls
$3.97
$2.15
👄 Toothpaste, 1 tube
$2.41
$3.05
Other
🏋️ Gym Membership, 1 month
$87.2
$43.7
🎫 Cinema Ticket, 1 person
$18.1
$10.4
👩‍⚕️ Doctor's visit
$110
$45.7
💇 Haircut, simple
$23.5
$15.7
👖 Brand Jeans
$94.7
$79.9
👟 Brand Sneakers
$129
$97.1
👶 Daycare or Preschool, 1 month
$1615
$508
🏫 International Primary School, 1 year
$26502
$13937

Cost of living in other countries

Cost of living

More countries to compare

Cost of Living in Popular cities

In the Cayman Islands

City Cost of living Population
George Town
$3644
41K

In Latvia

City Cost of living Population
Riga
$1169
605K
Daugavpils
$899
77.8K
Jelgava
$856
54.7K
Liepaja
$1029
66.7K
Jurmala
$1377
52.2K
Ventspils
$923
32.6K
Jekabpils
$946
21.2K
Valmiera
$893
22.4K
Rezekne
$817
26.1K
Ogre
$1111
22.8K