Published: Monday, 21th October 2024
The cost of living in Guyana is 2.29 times less expensive as compared to Jamaica.
On this page, you will find side-by-side cost comparison between Guyana and Jamaica. We have created 172 cost-of-living indicators. We average the prices of all those indicators and take a mathematically calculated approach to determine which country is more expensive to live in between Guyana and Jamaica.
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Indicators | Guyana | Jamaica |
---|---|---|
1 BHK Apartment in City Center | 60,000 GYD (288 USD) | 110,000 JMD (704 USD) |
2 BHK Apartment in City Center | 80,000 GYD (384 USD) | 180,000 JMD (1,152 USD) |
3 BHK Apartment in City Center | 120,000 GYD (576 USD) | 250,000 JMD (1,600 USD) |
1 BHK Apartment outside City Center | 30,000 GYD (144 USD) | 60,000 JMD (384 USD) |
2 BHK Apartment outside City Center | 40,000 GYD (192 USD) | 90,000 JMD (576 USD) |
3 BHK Apartment outside City Center | 60,000 GYD (288 USD) | 130,000 JMD (832 USD) |
Mortgage Rates Per Month | 8 % | 8 % |
Realtor Commission | 3 % | 3 % |
Property Taxes | Yet to Update | 0.5 to 1.5 % |
The average housing cost in Guyana is 2.79 times less expensive than Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Basic Home Furnishing | 300,000 GYD (1,440 USD) | 250,000 JMD (1,600 USD) |
Electricity Cost Per Month | 10,000 GYD (48 USD) | 7,000 JMD (44.80 USD) |
Heating Cost Per Month | 5,000 GYD (24 USD) | 3,000 JMD (19.20 USD) |
Cooling Cost Per Month | 4,000 GYD (19.20 USD) | 6,000 JMD (38.40 USD) |
Water Supply Cost Per Month | 3,000 GYD (14.40 USD) | 2,500 JMD (16 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 10.06% less for Utilities.
The basic home furnishing in Guyana costs 1.11 times less compared to Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Standard Wifi Cost Per Month | 3,000 GYD (14.40 USD) | 5,000 JMD (32 USD) |
Mobile Phone Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 3,000 JMD (19.20 USD) |
Landline Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 1,500 JMD (9.60 USD) |
Cable TV Basic Plan Cost Per Month | 2,000 GYD (9.60 USD) | 4,000 JMD (25.60 USD) |
The internet and communication costs 61.11% less in Guyana compared to Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Long Grain Rice (1 KG) | 350 GYD (1.68 USD) | 350 JMD (2.24 USD) |
Milk (1 Liter) | 250 GYD (1.20 USD) | 250 JMD (1.60 USD) |
Water (1 Liter) | 70 GYD (0.34 USD) | 70 JMD (0.45 USD) |
Bread (500 gm) | 200 GYD (0.96 USD) | 150 JMD (0.96 USD) |
Eggs (1 Dozen) | 300 GYD (1.44 USD) | 300 JMD (1.92 USD) |
Cheese (1 KG) | 600 GYD (2.88 USD) | 800 JMD (5.12 USD) |
Chicken Breast (1 KG) | 400 GYD (1.92 USD) | 1,200 JMD (7.68 USD) |
In Guyana, the cost of 1 Liter Water and 1 Liter Milk is 1.33 times less expensive than the cost in Jamaica.
If you lived in Guyana, instead of Jamaica, you would have to pay 47.84% less for Groceries.
Indicators | Guyana | Jamaica |
---|---|---|
Apples (1 KG) | 350 GYD (1.68 USD) | 500 JMD (3.20 USD) |
Bananas (1 KG) | 200 GYD (0.96 USD) | 200 JMD (1.28 USD) |
Oranges (1 KG) | 300 GYD (1.44 USD) | 300 JMD (1.92 USD) |
Tomatoes (1 KG) | 250 GYD (1.20 USD) | 250 JMD (1.60 USD) |
Potatoes (1 KG) | 200 GYD (0.96 USD) | 200 JMD (1.28 USD) |
Lemons (1 KG) | 300 GYD (1.44 USD) | 350 JMD (2.24 USD) |
Onions (1 KG) | 200 GYD (0.96 USD) | 250 JMD (1.60 USD) |
Lentils (1 KG) | 350 GYD (1.68 USD) | 400 JMD (2.56 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 1.52 times less for Fruits and Vegetables.
Indicators | Guyana | Jamaica |
---|---|---|
Meal at a Resonable Restaurant | 1,500 GYD (7.20 USD) | 2,000 JMD (12.80 USD) |
Three-Course Meal for Two | 3,500 GYD (16.80 USD) | 6,000 JMD (38.40 USD) |
Fast Food Combo Meal | 800 GYD (3.84 USD) | 1,200 JMD (7.68 USD) |
Normal Coffee | 400 GYD (1.92 USD) | 300 JMD (1.92 USD) |
Soft Drink | 200 GYD (0.96 USD) | 150 JMD (0.96 USD) |
Pizza for One | 1,500 GYD (7.20 USD) | 1,500 JMD (9.60 USD) |
Take-Out Delivery Meal | 1,000 GYD (4.80 USD) | 2,500 JMD (16 USD) |
Cigarette Pack of 20 | 300 GYD (1.44 USD) | 800 JMD (5.12 USD) |
Dining-Out costs 52.25% less in Guyana compared to Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Wine Mid-Range Bottle | 1,000 GYD (4.80 USD) | 2,500 JMD (16 USD) |
Glass of Wine | 500 GYD (2.40 USD) | 700 JMD (4.48 USD) |
Domestic Beer Half Liter | 250 GYD (1.20 USD) | 200 JMD (1.28 USD) |
Imported Beer Half Liter | 350 GYD (1.68 USD) | 300 JMD (1.92 USD) |
Domestic Alcohol 1 Liter | 600 GYD (2.88 USD) | 1,500 JMD (9.60 USD) |
Branded Alcohol 1 Liter | 800 GYD (3.84 USD) | 3,000 JMD (19.20 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 3.12 times less for usual hard drinks.
Indicators | Guyana | Jamaica |
---|---|---|
Monthly Public Transportation Pass | 6,000 GYD (28.80 USD) | 4,000 JMD (25.60 USD) |
Single Public Transportation Ticket | 400 GYD (1.92 USD) | 150 JMD (0.96 USD) |
Single Train Ticket | Yet to Update () | Yet to Update () |
Domestic Airplane Ticket | 15,000 GYD (72 USD) | 20,000 JMD (128 USD) |
Taxi Start Fare | 500 GYD (2.40 USD) | 400 JMD (2.56 USD) |
Taxi Rate Per Kilometer | 150 GYD (0.72 USD) | 100 JMD (0.64 USD) |
Car Rental Per Day | 4,000 GYD (19.20 USD) | 6,000 JMD (38.40 USD) |
Parking Fees in City Center Per Hour | 500 GYD (2.40 USD) | 200 JMD (1.28 USD) |
Parking Fees outside City Center Per Hour | 250 GYD (1.20 USD) | 100 JMD (0.64 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 1.54 times less for transportation.
Indicators | Guyana | Jamaica |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,000,000 GYD (4,800 USD) | 2,500,000 JMD (16,000 USD) |
Vehicle Registration Cost | 5,000 GYD (24 USD) | 10,000 JMD (64 USD) |
Driving License Fees | 2,000 GYD (9.60 USD) | 5,000 JMD (32 USD) |
Car Insurance Cost | 60,000 GYD (288 USD) | 50,000 JMD (320 USD) |
Car Maintenance Cost | 15,000 GYD (72 USD) | 10,000 JMD (64 USD) |
Car Loan Interest Rates | 10 % | 10 % |
Fuel Per Liter | 200 GYD (0.96 USD) | 200 JMD (1.28 USD) |
Fuel Per Gallon | 760 GYD (3.65 USD) | 750 JMD (4.80 USD) |
Average Toll Fees | 500 GYD 2.40 USD | 500 JMD 3.20 USD |
You would have to pay 3.17 times less for Vehicle purchase, daily operation and maintenance in Guyana compared to that of Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Doctor Visit | 1,500 GYD (7.20 USD) | 3,000 JMD (19.20 USD) |
Specialist Visit | 2,000 GYD (9.60 USD) | 5,000 JMD (32 USD) |
Dentist Visit | 1,000 GYD (4.80 USD) | 4,000 JMD (25.60 USD) |
Eye Exam | 500 GYD (2.40 USD) | 2,000 JMD (12.80 USD) |
Mental Health Counseling | 1,500 GYD (7.20 USD) | 3,500 JMD (22.40 USD) |
Preventive Health Screening | 800 GYD (3.84 USD) | 2,000 JMD (12.80 USD) |
Physical Therapy | 1,000 GYD (4.80 USD) | 2,500 JMD (16 USD) |
Emergency Room Visit | 2,000 GYD (9.60 USD) | 10,000 JMD (64 USD) |
Hospital Stay Per Night | 3,000 GYD (14.40 USD) | 8,000 JMD (51.20 USD) |
Vaccinations | 500 GYD (2.40 USD) | 1,000 JMD (6.40 USD) |
Prescription Medication | 300 GYD (1.44 USD) | 1,500 JMD (9.60 USD) |
Over the Counter Medication | 200 GYD (0.96 USD) | 500 JMD (3.20 USD) |
Health Insurance Premiums | 10,000 GYD (48 USD) | 50,000 JMD (320 USD) |
Health Insurance Deductibles | 2,000 GYD (9.60 USD) | 10,000 JMD (64 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 5.22 times less for Health and Medical Treatment.
Indicators | Guyana | Jamaica |
---|---|---|
Cosmetic Procedures | 2,000 GYD (9.60 USD) | 10,000 JMD (64 USD) |
Spa Treatment | 500 GYD (2.40 USD) | 5,000 JMD (32 USD) |
Manicure Pedicure Cost | 200 GYD (0.96 USD) | 1,500 JMD (9.60 USD) |
Optical Glasses Cost | 1,000 GYD (4.80 USD) | 2,500 JMD (16 USD) |
Contact Lenses Cost | 500 GYD (2.40 USD) | 4,000 JMD (25.60 USD) |
Haircuts | 500 GYD (2.40 USD) | 1,000 JMD (6.40 USD) |
Hair Coloring | 1,000 GYD (4.80 USD) | 3,000 JMD (19.20 USD) |
Shampoo Price | 200 GYD (0.96 USD) | 300 JMD (1.92 USD) |
Toothpaste Price | 100 GYD (0.48 USD) | 200 JMD (1.28 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 6.11 times less for Personal Care Items and Treatment.
Indicators | Guyana | Jamaica |
---|---|---|
Pair of Nike Running Shoes | 5,000 GYD (24 USD) | 8,000 JMD (51.20 USD) |
Men's Shirt | 2,000 GYD (9.60 USD) | 3,000 JMD (19.20 USD) |
Women's Dress | 2,000 GYD (9.60 USD) | 4,500 JMD (28.80 USD) |
Summer Dress | 1,500 GYD (7.20 USD) | 3,000 JMD (19.20 USD) |
Men's Suit | 8,000 GYD (38.40 USD) | 15,000 JMD (96 USD) |
Men's Jeans | 2,500 GYD (12 USD) | 4,000 JMD (25.60 USD) |
Women's Jeans | 1,500 GYD (7.20 USD) | 3,500 JMD (22.40 USD) |
Men's Formal Shoes | 2,000 GYD (9.60 USD) | 8,000 JMD (51.20 USD) |
Women's Formal Shoes | 1,500 GYD (7.20 USD) | 6,000 JMD (38.40 USD) |
Men's Casual Shoes | 1,500 GYD (7.20 USD) | 5,000 JMD (32 USD) |
Women's Casual Shoes | 1,000 GYD (4.80 USD) | 4,000 JMD (25.60 USD) |
Underwear For Men | 500 GYD (2.40 USD) | 800 JMD (5.12 USD) |
Underwear For Women | 600 GYD (2.88 USD) | 800 JMD (5.12 USD) |
Socks For Men | 200 GYD (0.96 USD) | 200 JMD (1.28 USD) |
Socks For Women | 250 GYD (1.20 USD) | 200 JMD (1.28 USD) |
Wintercoat for Adults | 3,000 GYD (14.40 USD) | 6,000 JMD (38.40 USD) |
Sportswear | 1,000 GYD (4.80 USD) | 3,500 JMD (22.40 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 2.96 times less for Clothing and Footwear for Adults.
Indicators | Guyana | Jamaica |
---|---|---|
Children's Jeans | 800 GYD (3.84 USD) | 2,500 JMD (16 USD) |
Children's Normal Sneakers | 1,000 GYD (4.80 USD) | 3,000 JMD (19.20 USD) |
Children's Winter Coat | 1,500 GYD (7.20 USD) | 4,000 JMD (25.60 USD) |
Daycare for Infant | 30,000 GYD (144 USD) | 30,000 JMD (192 USD) |
Daycare for Toddler | 20,000 GYD (96 USD) | 25,000 JMD (160 USD) |
Childcare for Sick Days | 1,000 GYD (4.80 USD) | 1,500 JMD (9.60 USD) |
Early Childhood Education Programs | 20,000 GYD (96 USD) | 15,000 JMD (96 USD) |
Extra Curricular Activities | 5,000 GYD (24 USD) | 3,000 JMD (19.20 USD) |
Summer Camp for Kids | 10,000 GYD (48 USD) | 10,000 JMD (64 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 1.40 times less for Childcare and kids clothing.
Indicators | Guyana | Jamaica |
---|---|---|
PreSchool Fees | 15,000 GYD (72 USD) | 20,000 JMD (128 USD) |
Primary School Fees | 30,000 GYD (144 USD) | 50,000 JMD (320 USD) |
Secondary School Fees | 45,000 GYD (216 USD) | 60,000 JMD (384 USD) |
Private School Fees | 80,000 GYD (384 USD) | 100,000 JMD (640 USD) |
University Tuition Fees | 150,000 GYD (720 USD) | 80,000 JMD (512 USD) |
University Private Tuition Fees | 200,000 GYD (960 USD) | 200,000 JMD (1,280 USD) |
After School Activities | 5,000 GYD (24 USD) | 5,000 JMD (32 USD) |
Special Education Services | 10,000 GYD (48 USD) | 7,000 JMD (44.80 USD) |
Tutoring | 1,000 GYD (4.80 USD) | 2,000 JMD (12.80 USD) |
Textbooks Cost | 1,000 GYD (4.80 USD) | 5,000 JMD (32 USD) |
School Supplies | 800 GYD (3.84 USD) | 2,000 JMD (12.80 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 1.32 times less for school and education.
Indicators | Guyana | Jamaica |
---|---|---|
Movie Ticket (Single) | 500 GYD (2.40 USD) | 1,200 JMD (7.68 USD) |
Theater Ticket (Single) | 1,000 GYD (4.80 USD) | 2,000 JMD (12.80 USD) |
Concert Ticket (Single) | 1,500 GYD (7.20 USD) | 3,000 JMD (19.20 USD) |
Sports Event Ticket (Single) | 1,200 GYD (5.76 USD) | 2,500 JMD (16 USD) |
Gym Membership | 2,000 GYD (9.60 USD) | 2,500 JMD (16 USD) |
Swimming Pool Access | 500 GYD (2.40 USD) | 1,500 JMD (9.60 USD) |
Museum Entry Ticket | 300 GYD (1.44 USD) | 1,000 JMD (6.40 USD) |
Zoo Entry Ticket | 400 GYD (1.92 USD) | 1,200 JMD (7.68 USD) |
Amusement Park Entry Ticket | 600 GYD (2.88 USD) | 2,000 JMD (12.80 USD) |
Bowling | 400 GYD (1.92 USD) | 1,000 JMD (6.40 USD) |
Mini Golf | 400 GYD (1.92 USD) | 800 JMD (5.12 USD) |
Video Games | 1,200 GYD (5.76 USD) | 4,000 JMD (25.60 USD) |
Streaming Services | 800 GYD (3.84 USD) | 1,500 JMD (9.60 USD) |
Outdoor Equipment Rental | 500 GYD (2.40 USD) | 1,500 JMD (9.60 USD) |
Theme Park Annual Pass | 10,000 GYD (48 USD) | 10,000 JMD (64 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 2.23 times less for entertainment, recreation and fun activities.
Indicators | Guyana | Jamaica |
---|---|---|
Language Classes | 5,000 GYD (24 USD) | 5,000 JMD (32 USD) |
Parenting Classes | 2,000 GYD (9.60 USD) | 2,000 JMD (12.80 USD) |
Art Classes | 800 GYD (3.84 USD) | 2,000 JMD (12.80 USD) |
Fitness Classes | 500 GYD (2.40 USD) | 1,500 JMD (9.60 USD) |
Music Lessons | 1,000 GYD (4.80 USD) | 3,000 JMD (19.20 USD) |
Dance Lessons | 1,000 GYD (4.80 USD) | 2,500 JMD (16 USD) |
Reading Materials for Classes | 300 GYD (1.44 USD) | 1,000 JMD (6.40 USD) |
Educational Software | 3,000 GYD (14.40 USD) | 3,000 JMD (19.20 USD) |
If you lived in Guyana, instead of Jamaica, you would have to pay 1.96 times less for Private Classes.
Indicators | Guyana | Jamaica |
---|---|---|
Average Gross Monthly Salary | 120,000 GYD (576 USD) | 150,000 JMD (960 USD) |
Average Net Monthly Salary | 90,000 GYD (432 USD) | 100,000 JMD (640 USD) |
Minimum Wages | 1,000 GYD per hour (4.80 USD) | 333.33 JMD per hour (2.13 USD) |
Average Bonus | 10,000 GYD (48 USD) | 10,000 JMD (64 USD) |
Income Tax Rate | 0 to 14 % | 0 to 15 % |
Social Security Contributions | 10 % | 8 % |
Pension Contributions | 8 % | 5 % |
Cost of Living Index | 90 | 50 |
Median Household Income | 150,000 GYD (720 USD) | 200,000 JMD (1,280 USD) |
If you lived in Guyana, you would earn 1.65 times less salary as compared to Jamaica.
Indicators | Guyana | Jamaica |
---|---|---|
Legal Consultation Per Hour Rate | 2,000 GYD (9.60 USD) | 5,000 JMD (32 USD) |
Accounting Services Per Hour Rate | 1,500 GYD (7.20 USD) | 3,500 JMD (22.40 USD) |
IT Support Services Per Hour Rate | 1,200 GYD (5.76 USD) | 4,000 JMD (25.60 USD) |
Technician Services Per Hour Rate | 1,000 GYD (4.80 USD) | 4,500 JMD (28.80 USD) |
Professional Services cost 3.98 times less in Guyana, as compared to Jamaica.
We hope you enjoyed the detailed guide on the cost of living comparsion between Guyana and Jamaica.
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