Last update: Oct 2026

Cost of Living Comparison Between George Town and Toronto

For one person, living is cheaper in Toronto: $2,530 a month against $4,862 in George Town, rent and utilities included – about $28,000 less a year. Rent and utilities account for most of the difference.

237

Cost of Living Index in George Town
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George Town Living Index
125

Cost of Living Index in Toronto
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Toronto Living Index

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George Town

🇰🇾 Cayman Islands

$4,862

/mo nomad

Toronto

🇨🇦 Canada

$2,530

/mo nomad

Monthly Cost of Living

How much you'll spend in George Town and in Toronto

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in George Town and in Toronto actually costs, broken down by who's living it.

Monthly costs for one person with rent: $4,862 in George Town versus $2,530 in Toronto.

George Town $4,862
Toronto $2,530

Estimated couple costs with rent: $7,338 in George Town versus $3,646 in Toronto.

George Town $7,338
Toronto $3,646

Monthly costs for a family of three with rent: $9,814 in George Town versus $4,761 in Toronto.

George Town $9,814
Toronto $4,761

Living in George Town is roughly 92% more expensive than in Toronto, and outside of rent the biggest gap is in groceries.

Both cities are pricier than the global median: George Town 263% above, Toronto 89% above.

Meal at Budget Restaurant

$30.59 KYD 25.09

$17.67 CA$25.19

73.12%

Three-Course Dinner for Two, Mid-Range

$116 KYD 94.7

$77.4 CA$110

49.28%

Fast Food Meal (McDonalds, etc)

$16.82 KYD 13.79

$10.47 CA$14.93

60.65%

Cappuccino

$7.14 KYD 5.86

$4.08 CA$5.81

75.00%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.06 KYD 2.51

$2.12 CA$3.02

44.34%

Water (0.33 liter bottle)

$2.84 KYD 2.33

$1.76 CA$2.51

61.36%

Local Beer (0.5 liter draught)

$7.11 KYD 5.83

$6.17 CA$8.80

15.24%

Imported Beer (0.33 liter bottle)

$9.74 KYD 7.99

$6.89 CA$9.82

41.36%

Milk (1 liter)

$4.70 KYD 3.85

$2.43 CA$3.46

93.42%

White Bread (500g)

$4.13 KYD 3.38

$2.75 CA$3.92

50.18%

Rice (white) (1kg)

$4.41 KYD 3.62

$2.23 CA$3.18

97.76%

Eggs

$7.21 KYD 5.91

$3.45 CA$4.91

108.99%

Local Cheese (1kg)

$56.9 KYD 46.64

$8.93 CA$12.73

536.95%

Chicken Fillets (1kg)

$19.04 KYD 15.62

$11.44 CA$16.31

66.43%

Beef Round Steak (1kg)

$19.67 KYD 16.13

$14.61 CA$20.83

34.63%

Apples (1kg)

$7.55 KYD 6.19

$3.75 CA$5.34

101.33%

Banana (1kg)

$3.63 KYD 2.98

$1.15 CA$1.64

215.65%

Oranges (1kg)

$6.19 KYD 5.07

$3.55 CA$5.06

74.37%

Tomato (1kg)

$7.91 KYD 6.49

$4.28 CA$6.10

84.81%

Potato (1kg)

$4.12 KYD 3.38

$1.85 CA$2.63

122.70%

Onion (1kg)

$4.07 KYD 3.34

$1.67 CA$2.38

143.71%

Lettuce (1 head)

$3.19 KYD 2.62

$2.22 CA$3.16

43.69%

Water (1.5 liter bottle)

$2.26 KYD 1.86

$1.21 CA$1.72

86.78%

Cigarettes 20 Pack (Marlboro, Camel)

$14.16 KYD 11.61

$13.88 CA$19.78

2.02%

Wine (Bottle)

$25.66 KYD 21.04

$14.25 CA$20.31

80.07%

Local Beer (0.5 liter bottle)

$4.29 KYD 3.52

$2.20 CA$3.13

95.00%

Imported Beer (0.33 liter bottle)

$5.45 KYD 4.47

$2.42 CA$3.45

125.21%

One-way Ticket (Public Transport)

$2.38 KYD 1.95

$2.42 CA$3.44

-1.65%

Public Transport Monthly Pass (Regular Price)

$79.8 KYD 65.5

$111 CA$158

-27.92%

Taxi Start (Normal Tariff)

$19.15 KYD 15.70

$2.90 CA$4.13

560.34%

Taxi (Normal Tariff) (1km)

$3.74 KYD 3.07

$1.26 CA$1.80

196.83%

Taxi 1hour Waiting (Normal Tariff)

$44.62 KYD 36.59

$22.03 CA$31.40

102.54%

Gasoline (1 liter)

$1.58 KYD 1.30

$1.22 CA$1.74

29.51%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$42.1K KYD 34.6K

$27.6K CA$39.4K

52.49%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$42.0K KYD 34.4K

$19.8K CA$28.3K

111.91%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$450 KYD 369

$122 CA$174

268.94%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$120 KYD 98.2

$32.03 CA$45.66

273.71%

Internet (50+ Mbps, Unlimited Data)

$113 KYD 92.6

$47.92 CA$68.3

135.75%

Gym Membership (Monthly)

$217 KYD 178

$38.90 CA$55.5

456.86%

Tennis Court (1 Hour on Weekend)

$34.74 KYD 28.48

$23.24 CA$33.12

49.48%

Cinema Ticket

$18.64 KYD 15.28

$12.61 CA$17.97

47.82%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,818 KYD 1,490

$834 CA$1,189

117.94%

International Primary School, 1 Child (Yearly)

$26.5K KYD 21.7K

$23.3K CA$33.3K

13.53%

Jeans (Levis 501 Or Similar)

$87.0 KYD 71.3

$52.6 CA$75.0

65.38%

Summer Dress (H&M, Zara, etc)

$74.1 KYD 60.8

$40.26 CA$57.4

84.03%

Sport Shoes (Adidas, Nike)

$137 KYD 113

$96.2 CA$137

42.82%

Men's Leather Business Shoes

$146 KYD 119

$123 CA$175

18.40%

1-bedroom Apartment, City Center (Monthly)

$2,861 KYD 2,346

$1,598 CA$2,278

79.02%

1-bedroom Apartment, Outside City Center (Monthly)

$2,479 KYD 2,033

$1,435 CA$2,045

72.75%

3-bedroom Apartment, City Center (Monthly)

$5,698 KYD 4,672

$2,657 CA$3,787

114.47%

3-bedroom Apartment, Outside City Center (Monthly)

$4,775 KYD 3,915

$2,096 CA$2,988

127.79%

Buy Apartment in City Center (m2)

$8,919 KYD 7,314

$8,033 CA$11.5K

11.03%

Buy Apartment Outside City Center (m2)

$2,270 KYD 1,861

$6,557 CA$9,347

-65.39%

Average Monthly Net Salary (After Tax)

$7,223 KYD 5,923

$3,743 CA$5,335

92.96%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.47

78.97%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for George Town: October 5, 2026

Last update for Toronto: October 4, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

George Town

$2.5K 50.3%

Toronto

$1.4K 55.4% 42.1% $1K

Groceries & Markets

George Town

$727 14.8%

Toronto

$340 13.1% 53.2% $387

Monthly Utilities & Internet

George Town

$682 13.8%

Toronto

$202 7.8% 70.4% $481

Eating Out

George Town

$460 9.3%

Toronto

$282 10.9% 38.7% $178

Sport & Entertainment

George Town

$254 5.2%

Toronto

$64 2.5% 74.7% $190

Clothing & Footwear

George Town

$200 4.1%

Toronto

$140 5.4% 29.7% $59

Getting Around

George Town

$127 2.6%

Toronto

$130 5% 1.9% $2.4

Cost Breakdown

A one-bedroom apartment in the center runs $2,861 in George Town and $1,598 in Toronto. Housing cost is often the main lever when comparing two cities.

George Town pays 93% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $116 in George Town vs $77.0 in Toronto for a mid-range dinner for two. Groceries echo the gap at $727 vs $340 per month, with Toronto cheaper across the board.

Good to know

🇰🇾 George Town

🇨🇦 Toronto

🕒 Local time

03:42 3:42 AM

04:42 4:42 AM

1 h ahead of George Town

🌤 Weather

👥 Population

28,089 Capital

2,731,571

💱 Currency

Cayman Islands Dollar KYD $

Canadian Dollar CAD $

📈 Exchange rate

1 KYD = 1.22 USD

1 KYD = 1.09 EUR

1 CAD = 0.702 USD

1 CAD = 0.626 EUR

Exchange rates and currency converter

CAD, USD, EUR to KYD – Cayman Islands Dollar Converter

🇺🇸 United States Dollar ($)

🇰🇾 Cayman Islands Dollar ($)

Cayman Islands Dollar exchange rates as of October 10, 2026: 1 USD = 0.82 KYD (1 KYD = 1.22 USD). 1 EUR = 0.92 KYD (1 KYD = 1.09 EUR).

Canadian Dollar exchange rates as of October 10, 2026: 1 USD = 1.43 CAD (1 CAD = 0.702 USD). 1 EUR = 1.6 CAD (1 CAD = 0.626 EUR).

USD to KYD in detail →

On the map

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Between locations

George Town Toronto 2,710 km ≈ 4 h nonstop flight

From you

George Town
Toronto

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

George Town vs Toronto: Cost of Living - Frequently Asked Questions

George Town and Toronto differ by about 92% in total monthly costs ($4,862 vs $2,530 including rent). Toronto is meaningfully more affordable – a gap that matters a lot on a fixed or modest income.

Average pay runs 93% higher in George Town, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $2,861 in George Town versus $1,598 in Toronto. Housing is usually the single largest factor when comparing overall living costs between the two.

All in, you'll spend $4,862 per month in George Town versus $2,530 in Toronto – a 92% gap that adds up to real savings over time for anyone picking the cheaper option.

A monthly transit pass in Toronto runs roughly 39% less than in George Town. Both cities have functional networks, but the price difference matters if you're watching your budget.

Both cities are expensive relative to $2,500. Toronto is the more realistic option, but even there you'll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, George Town and Toronto are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Toronto gentler on the wallet – expenses run 92% less than in George Town. Beyond cost, consider language, visa policies, and how big the international community is in each city.