George Town, Cayman Islands
George Town is a city in Cayman Islands with a population of 40,000.
Very High vs Cayman Islands Avg (100)
Very Expensive
Household income
Job market health
George Town vs Cayman Islands Average
Taxes
- State Income Tax: None
- Sales Tax: 0.0%
Economy & Jobs
- Median Income: CI$ 60,000
- Unemployment: 3.0%
- Population: 40,000
Climate
- Sunny Days: 280/year
- Summer High: 88°F
- Winter Low: 72°F
- Farming Zone: USDA Zone 7b
Housing
- Median Home: CI$600,000
- 1BR Rent: CI$2000/mo
Cost of Living
George Town's cost of living index is 160 (Cayman Islands average = 100).
| Category | George Town | National Average | Difference |
|---|---|---|---|
| Overall | 160 | 100 | +60.0% |
| Housing | 200 | 100 | +100.0% |
Data source: Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | CI$600,000 |
| Median Rent (1BR) | CI$2000/mo |
| Median Rent (2BR) | CI$2,500/mo |
| Price per Sq Ft | CI$400 |
Data source: Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in George Town:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | CI$0 | |
| Heating & Cooling | N/A | Estimated based on local climate. |
| Cooling (AC) | CI$64 | Estimated based on local climate and electricity rates |
| Water | CI$0 | Includes sewer |
| Internet (100+ Mbps) | CI$0 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | CI$64 | Monthly estimate (including heating & cooling) |
Data sources: National Utility Regulator, 2025
Remote Work Score
George Town scores —/100 for remote work readiness:
Climate
George Town has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 92°F | 72°F | 2.5" |
| April | 73°F | 87°F | 2.8" |
| July | 88°F | 63°F | 1.5" |
| October | 68°F | 90°F | 2.2" |
Mild — wide variety of vegetables, many fruit trees
Natural Hazards
George Town faces the following natural hazards:
Significant hurricane risk.
Tropical storm and hurricane floods.
Tropical heat.
Moderate seismic activity with occasional earthquakes.
Caribbean islands with tsunami risk.
Wildfire risk in dry season.
Periodic drought conditions.
Hilly terrain with landslides.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 0% (None)
- Sales Tax: 0%
- Property Tax: ~0% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.0%.
Crime & Safety
Crime rates in George Town per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: UN Office on Drugs and Crime
Schools & Education
Academic Schedule
Standard academic calendar.
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in George Town, Cayman Islands?
The cost of living index in George Town is 160, which is Higher the Cayman Islands national average of 100.
How much does it cost to buy a home in George Town?
The median home price in George Town is CI$600,000. The housing index is 200.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in George Town is approximately CI$2000/mo.
Does George Town, Grand Cayman have income tax?
George Town is in Grand Cayman, which has no income tax.
What is the climate like in George Town?
George Town enjoys approximately 280 sunny days per year. Summer highs reach around 88°F, while winter lows can drop to around 72°F.
Data Sources
- Cost of Living: Numbeo, 2026
- Housing Data: Numbeo, 2026
- Income & Employment: National Statistics, 2024
- Utilities National Utility Regulator, 2025
Data last updated: August 12, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.