Cost of Living in the Cayman Islands: How to Budget

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The big picture

The Cayman Islands is widely regarded as an expensive place to live. Most goods are imported and import duty is built into shelf prices, while there's no direct income tax for individuals. Housing is usually the biggest line item.

Where the money goes

• Housing: rents vary a lot by area and by distance from Seven Mile Beach.
• Groceries: imported food costs more; local produce and fish can help.
• Utilities: air-conditioning drives electricity bills.
• Transport: cars carry import duty; buses cover main routes.
• Health insurance and schools for families.

Get current numbers

We don't publish price figures we can't verify. The Economics and Statistics Office (ESO) publishes the official Consumer Price Index and other data. Use it alongside current rental listings and quotes from employers.

Official sources: Economics and Statistics Office (CPI) · Cayman Islands Government

More Cayman guides

• Where to Stay in Grand Cayman: Areas Compared
• Things to Do in Grand Cayman: A First-Timer's List
• Best Snorkeling and Diving Spots in Grand Cayman
• Best Time to Visit the Cayman Islands
• Seven Mile Beach, Grand Cayman: The Complete Guide
• Moving to the Cayman Islands: A Step-by-Step Guide
• How to Get to the Cayman Islands