Cayman Islands vs Monaco - Cost of Living Comparison

Cayman Islands Monaco
🚶 Cost of living one person
$2888
$3585
👨‍👩‍👧‍👦 Cost of living Family
$7025
$8352
🏠 One person rent
$1900
$2652
🏘️ Family rent
$3805
$4903
🍽️ Food expenses
$741
$675
🚐 Transport expenses
$63.9
$72.7
💳 Monthly salary after tax
$4598
$5732
💸 GDP per capita
$85083
$174K
😃 Human freedom index
8.1
8.7
❤️ Life expectancy
82.2
89.7
👮 Corruption perceptions index
76
82
🌐 English speaking %
76.6%
40%
🎓 Higher education
19
33
😀 Quality of life
74
65
🏙️ Population
58.4K
38.4K

The average cost of living in the Cayman Islands ($2888) is 19% less expensive than in Monaco ($3585). the Cayman Islands ranked 2nd vs 1st for Monaco 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 1.6 months in Monaco. Ranked 24th and 43rd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Cayman Islands vs Monaco infographic

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Prices in the Cayman Islands vs Monaco

We calculate prices for the Cayman Islands and Monaco as a population-weighted mean of 1 and 2 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 Monaco
Eating Out
🍱 Lunch Menu
$17.9
$25.4
🥂 Dinner in a Restaurant, for 2
$119
$90.2
🥪 Fast food meal, equiv. McDonald's
$12.1
$9.42
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$5.44
$7.91
 Cappuccino
$5.56
$4.72
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.14
$4.79
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1957
$3660
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1476
$2180
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$4776
$5434
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$3017
$4475
🔌 Utility Bill one person, electricity, heating, water, etc.
$198
$110
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$306
$170
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$130
$66
🏦 Mortgage Interest Rate for 20 Years
6.06%
1.9%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$8454
$62186
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$6089
$43355
Transportation
🚌 Local transport ticket
$2.39
$2.18
🎟️ Monthly ticket local transport
$18.2
$37.1
🚕 Taxi Ride, 8 km or 5 mi
$30
$30.1
 Gas / Petrol, 1 L or 0.26 gal
$1.55
$2.03
Groceries
🥛 Milk, 1 L or 1 qt
$4.68
$2
🍞 Bread, 0.5 kg or 1.1 lb
$4.81
$3.18
🍚 Rice, 1 kg or 2.2 lb
$6.32
$2.75
🥚 Eggs, x12
$5.89
$3.96
🧀 Cheese, 1 kg or 2.2 lb
$10.5
$18.1
🐔 Chicken Breast, 1 kg or 2.2 lb
$9.52
$13.3
🥩 Round Steak, 1 kg or 2.2 lb
$10.7
$15.5
🍏 Apples, 1 kg or 2.2 lb
$6.84
$2.86
🍌 Banana, 1 kg or 2.2 lb
$2.54
$2.02
🍊 Oranges, 1 kg or 2.2 lb
$5.6
$2.2
🍅 Tomato, 1 kg or 2.2 lb
$6.44
$2.74
🥔 Potato, 1 kg or 2.2 lb
$2.84
$3.47
🧅 Onion, 1 kg or 2.2 lb
$2.71
$2.63
🌊 Water, 1 L or 1 qt
$1.86
$1.45
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.43
$3.63
🍾 Wine (mid-priced), 750 mL bottle
$23.3
$14.1
🍺 Beer, 0.5 L or 16 fl oz
$3.47
$2.07
🚬 Cigarette pack
$10.9
$8.44
💊 Cold medicince, 1 week
$10.2
$14.6
🧴 Hair Shampoo
$5.09
$7.53
🧻 Toilet paper, 4 rolls
$3.99
$7.39
👄 Toothpaste, 1 tube
$2.23
$2.55
Other
🏋️ Gym Membership, 1 month
$58.6
$101
🎫 Cinema Ticket, 1 person
$14.5
$13.5
👩‍⚕️ Doctor's visit
$108
$82.6
💇 Haircut, simple
$22.6
$37
👖 Brand Jeans
$62.5
$83.3
👟 Brand Sneakers
$155
$118
👶 Daycare or Preschool, 1 month
$1175
$2521
🏫 International Primary School, 1 year
$20100
$25547

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More countries to compare

Cost of Living in Popular cities

In the Cayman Islands

City Cost of living Population
George Town
$2888
34.4K

In Monaco

City Cost of living Population
Monaco City
$3521
38.4K
Monte Carlo
$3747
15.2K