Published: Monday, 21th October 2024
The cost of living in Guyana is 5.86 times less expensive as compared to Marshall Islands.
On this page, you will find side-by-side cost comparison between Guyana and Marshall Islands. 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 Marshall Islands.
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Indicators | Guyana | Marshall Islands |
---|---|---|
1 BHK Apartment in City Center | 60,000 GYD (288 USD) | 1,200 USD |
2 BHK Apartment in City Center | 80,000 GYD (384 USD) | 2,200 USD |
3 BHK Apartment in City Center | 120,000 GYD (576 USD) | 3,000 USD |
1 BHK Apartment outside City Center | 30,000 GYD (144 USD) | 800 USD |
2 BHK Apartment outside City Center | 40,000 GYD (192 USD) | 1,500 USD |
3 BHK Apartment outside City Center | 60,000 GYD (288 USD) | 2,200 USD |
Mortgage Rates Per Month | 8 % | 1.3 % |
Realtor Commission | 3 % | 2 % |
Property Taxes | Yet to Update | Yet to Update |
The average housing cost in Guyana is 5.56 times less expensive than Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Basic Home Furnishing | 300,000 GYD (1,440 USD) | 4,000 USD |
Electricity Cost Per Month | 10,000 GYD (48 USD) | 150 USD |
Heating Cost Per Month | 5,000 GYD (24 USD) | 120 USD |
Cooling Cost Per Month | 4,000 GYD (19.20 USD) | 100 USD |
Water Supply Cost Per Month | 3,000 GYD (14.40 USD) | 50 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 65.03% less for Utilities.
The basic home furnishing in Guyana costs 2.78 times less compared to Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Standard Wifi Cost Per Month | 3,000 GYD (14.40 USD) | 50 USD |
Mobile Phone Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 40 USD |
Landline Basic Plan Cost Per Month | 1,000 GYD (4.80 USD) | 20 USD |
Cable TV Basic Plan Cost Per Month | 2,000 GYD (9.60 USD) | 60 USD |
The internet and communication costs 80.24% less in Guyana compared to Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Long Grain Rice (1 KG) | 350 GYD (1.68 USD) | 3 USD |
Milk (1 Liter) | 250 GYD (1.20 USD) | 2 USD |
Water (1 Liter) | 70 GYD (0.34 USD) | 1 USD |
Bread (500 gm) | 200 GYD (0.96 USD) | 1.50 USD |
Eggs (1 Dozen) | 300 GYD (1.44 USD) | 4.50 USD |
Cheese (1 KG) | 600 GYD (2.88 USD) | 10 USD |
Chicken Breast (1 KG) | 400 GYD (1.92 USD) | 12 USD |
In Guyana, the cost of 1 Liter Water and 1 Liter Milk is 1.95 times less expensive than the cost in Marshall Islands.
If you lived in Guyana, instead of Marshall Islands, you would have to pay 69.36% less for Groceries.
Indicators | Guyana | Marshall Islands |
---|---|---|
Apples (1 KG) | 350 GYD (1.68 USD) | 4 USD |
Bananas (1 KG) | 200 GYD (0.96 USD) | 3 USD |
Oranges (1 KG) | 300 GYD (1.44 USD) | 3.50 USD |
Tomatoes (1 KG) | 250 GYD (1.20 USD) | 3 USD |
Potatoes (1 KG) | 200 GYD (0.96 USD) | 2.50 USD |
Lemons (1 KG) | 300 GYD (1.44 USD) | 4 USD |
Onions (1 KG) | 200 GYD (0.96 USD) | 2.50 USD |
Lentils (1 KG) | 350 GYD (1.68 USD) | 3 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 2.47 times less for Fruits and Vegetables.
Indicators | Guyana | Marshall Islands |
---|---|---|
Meal at a Resonable Restaurant | 1,500 GYD (7.20 USD) | 20 USD |
Three-Course Meal for Two | 3,500 GYD (16.80 USD) | 60 USD |
Fast Food Combo Meal | 800 GYD (3.84 USD) | 8 USD |
Normal Coffee | 400 GYD (1.92 USD) | 3 USD |
Soft Drink | 200 GYD (0.96 USD) | 2 USD |
Pizza for One | 1,500 GYD (7.20 USD) | 15 USD |
Take-Out Delivery Meal | 1,000 GYD (4.80 USD) | 15 USD |
Cigarette Pack of 20 | 300 GYD (1.44 USD) | 8 USD |
Dining-Out costs 66.29% less in Guyana compared to Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Wine Mid-Range Bottle | 1,000 GYD (4.80 USD) | 20 USD |
Glass of Wine | 500 GYD (2.40 USD) | 6 USD |
Domestic Beer Half Liter | 250 GYD (1.20 USD) | 3 USD |
Imported Beer Half Liter | 350 GYD (1.68 USD) | 5 USD |
Domestic Alcohol 1 Liter | 600 GYD (2.88 USD) | 20 USD |
Branded Alcohol 1 Liter | 800 GYD (3.84 USD) | 35 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 5.30 times less for usual hard drinks.
Indicators | Guyana | Marshall Islands |
---|---|---|
Monthly Public Transportation Pass | 6,000 GYD (28.80 USD) | 40 USD |
Single Public Transportation Ticket | 400 GYD (1.92 USD) | 2 USD |
Single Train Ticket | Yet to Update () | Yet to Update |
Domestic Airplane Ticket | 15,000 GYD (72 USD) | 200 USD |
Taxi Start Fare | 500 GYD (2.40 USD) | 7 USD |
Taxi Rate Per Kilometer | 150 GYD (0.72 USD) | 2.50 USD |
Car Rental Per Day | 4,000 GYD (19.20 USD) | 40 USD |
Parking Fees in City Center Per Hour | 500 GYD (2.40 USD) | 3 USD |
Parking Fees outside City Center Per Hour | 250 GYD (1.20 USD) | 1.50 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 2.30 times less for transportation.
Indicators | Guyana | Marshall Islands |
---|---|---|
Reasonable Vehicle Purchase Cost | 1,000,000 GYD (4,800 USD) | 25,000 USD |
Vehicle Registration Cost | 5,000 GYD (24 USD) | 150 USD |
Driving License Fees | 2,000 GYD (9.60 USD) | 70 USD |
Car Insurance Cost | 60,000 GYD (288 USD) | 400 USD |
Car Maintenance Cost | 15,000 GYD (72 USD) | 250 USD |
Car Loan Interest Rates | 10 % | 6 % |
Fuel Per Liter | 200 GYD (0.96 USD) | 1.80 USD |
Fuel Per Gallon | 760 GYD (3.65 USD) | 7 USD |
Average Toll Fees | 500 GYD 2.40 USD | Yet to Update |
You would have to pay 4.98 times less for Vehicle purchase, daily operation and maintenance in Guyana compared to that of Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Doctor Visit | 1,500 GYD (7.20 USD) | 60 USD |
Specialist Visit | 2,000 GYD (9.60 USD) | 90 USD |
Dentist Visit | 1,000 GYD (4.80 USD) | 70 USD |
Eye Exam | 500 GYD (2.40 USD) | 50 USD |
Mental Health Counseling | 1,500 GYD (7.20 USD) | 90 USD |
Preventive Health Screening | 800 GYD (3.84 USD) | 70 USD |
Physical Therapy | 1,000 GYD (4.80 USD) | 80 USD |
Emergency Room Visit | 2,000 GYD (9.60 USD) | 200 USD |
Hospital Stay Per Night | 3,000 GYD (14.40 USD) | 300 USD |
Vaccinations | 500 GYD (2.40 USD) | 50 USD |
Prescription Medication | 300 GYD (1.44 USD) | 20 USD |
Over the Counter Medication | 200 GYD (0.96 USD) | 10 USD |
Health Insurance Premiums | 10,000 GYD (48 USD) | 150 USD |
Health Insurance Deductibles | 2,000 GYD (9.60 USD) | 50 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 10.22 times less for Health and Medical Treatment.
Indicators | Guyana | Marshall Islands |
---|---|---|
Cosmetic Procedures | 2,000 GYD (9.60 USD) | 300 USD |
Spa Treatment | 500 GYD (2.40 USD) | 80 USD |
Manicure Pedicure Cost | 200 GYD (0.96 USD) | 30 USD |
Optical Glasses Cost | 1,000 GYD (4.80 USD) | 120 USD |
Contact Lenses Cost | 500 GYD (2.40 USD) | 50 USD |
Haircuts | 500 GYD (2.40 USD) | 20 USD |
Hair Coloring | 1,000 GYD (4.80 USD) | 60 USD |
Shampoo Price | 200 GYD (0.96 USD) | 5 USD |
Toothpaste Price | 100 GYD (0.48 USD) | 3 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 23.19 times less for Personal Care Items and Treatment.
Indicators | Guyana | Marshall Islands |
---|---|---|
Pair of Nike Running Shoes | 5,000 GYD (24 USD) | 100 USD |
Men's Shirt | 2,000 GYD (9.60 USD) | 35 USD |
Women's Dress | 2,000 GYD (9.60 USD) | 70 USD |
Summer Dress | 1,500 GYD (7.20 USD) | 50 USD |
Men's Suit | 8,000 GYD (38.40 USD) | 200 USD |
Men's Jeans | 2,500 GYD (12 USD) | 60 USD |
Women's Jeans | 1,500 GYD (7.20 USD) | 60 USD |
Men's Formal Shoes | 2,000 GYD (9.60 USD) | 100 USD |
Women's Formal Shoes | 1,500 GYD (7.20 USD) | 100 USD |
Men's Casual Shoes | 1,500 GYD (7.20 USD) | 70 USD |
Women's Casual Shoes | 1,000 GYD (4.80 USD) | 70 USD |
Underwear For Men | 500 GYD (2.40 USD) | 12 USD |
Underwear For Women | 600 GYD (2.88 USD) | 15 USD |
Socks For Men | 200 GYD (0.96 USD) | 5 USD |
Socks For Women | 250 GYD (1.20 USD) | 5 USD |
Wintercoat for Adults | 3,000 GYD (14.40 USD) | 120 USD |
Sportswear | 1,000 GYD (4.80 USD) | 60 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 6.93 times less for Clothing and Footwear for Adults.
Indicators | Guyana | Marshall Islands |
---|---|---|
Children's Jeans | 800 GYD (3.84 USD) | 35 USD |
Children's Normal Sneakers | 1,000 GYD (4.80 USD) | 50 USD |
Children's Winter Coat | 1,500 GYD (7.20 USD) | 70 USD |
Daycare for Infant | 30,000 GYD (144 USD) | 500 USD |
Daycare for Toddler | 20,000 GYD (96 USD) | 450 USD |
Childcare for Sick Days | 1,000 GYD (4.80 USD) | 100 USD |
Early Childhood Education Programs | 20,000 GYD (96 USD) | 200 USD |
Extra Curricular Activities | 5,000 GYD (24 USD) | 250 USD |
Summer Camp for Kids | 10,000 GYD (48 USD) | 500 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 5.03 times less for Childcare and kids clothing.
Indicators | Guyana | Marshall Islands |
---|---|---|
PreSchool Fees | 15,000 GYD (72 USD) | 600 USD |
Primary School Fees | 30,000 GYD (144 USD) | 1,200 USD |
Secondary School Fees | 45,000 GYD (216 USD) | 1,800 USD |
Private School Fees | 80,000 GYD (384 USD) | 2,500 USD |
University Tuition Fees | 150,000 GYD (720 USD) | 8,000 USD |
University Private Tuition Fees | 200,000 GYD (960 USD) | 12,000 USD |
After School Activities | 5,000 GYD (24 USD) | 300 USD |
Special Education Services | 10,000 GYD (48 USD) | 250 USD |
Tutoring | 1,000 GYD (4.80 USD) | 100 USD |
Textbooks Cost | 1,000 GYD (4.80 USD) | 60 USD |
School Supplies | 800 GYD (3.84 USD) | 40 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 10.40 times less for school and education.
Indicators | Guyana | Marshall Islands |
---|---|---|
Movie Ticket (Single) | 500 GYD (2.40 USD) | 10 USD |
Theater Ticket (Single) | 1,000 GYD (4.80 USD) | 20 USD |
Concert Ticket (Single) | 1,500 GYD (7.20 USD) | 40 USD |
Sports Event Ticket (Single) | 1,200 GYD (5.76 USD) | 50 USD |
Gym Membership | 2,000 GYD (9.60 USD) | 50 USD |
Swimming Pool Access | 500 GYD (2.40 USD) | 30 USD |
Museum Entry Ticket | 300 GYD (1.44 USD) | 10 USD |
Zoo Entry Ticket | 400 GYD (1.92 USD) | 15 USD |
Amusement Park Entry Ticket | 600 GYD (2.88 USD) | 25 USD |
Bowling | 400 GYD (1.92 USD) | 15 USD |
Mini Golf | 400 GYD (1.92 USD) | 10 USD |
Video Games | 1,200 GYD (5.76 USD) | 60 USD |
Streaming Services | 800 GYD (3.84 USD) | 15 USD |
Outdoor Equipment Rental | 500 GYD (2.40 USD) | 30 USD |
Theme Park Annual Pass | 10,000 GYD (48 USD) | 300 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 6.65 times less for entertainment, recreation and fun activities.
Indicators | Guyana | Marshall Islands |
---|---|---|
Language Classes | 5,000 GYD (24 USD) | 150 USD |
Parenting Classes | 2,000 GYD (9.60 USD) | 100 USD |
Art Classes | 800 GYD (3.84 USD) | 60 USD |
Fitness Classes | 500 GYD (2.40 USD) | 30 USD |
Music Lessons | 1,000 GYD (4.80 USD) | 50 USD |
Dance Lessons | 1,000 GYD (4.80 USD) | 50 USD |
Reading Materials for Classes | 300 GYD (1.44 USD) | 15 USD |
Educational Software | 3,000 GYD (14.40 USD) | 100 USD |
If you lived in Guyana, instead of Marshall Islands, you would have to pay 8.50 times less for Private Classes.
Indicators | Guyana | Marshall Islands |
---|---|---|
Average Gross Monthly Salary | 120,000 GYD (576 USD) | 2,500 USD |
Average Net Monthly Salary | 90,000 GYD (432 USD) | 2,000 USD |
Minimum Wages | 1,000 GYD per hour (4.80 USD) | 40 USD per hour |
Average Bonus | 10,000 GYD (48 USD) | 500 USD |
Income Tax Rate | 0 to 14 % | 0 % |
Social Security Contributions | 10 % | 8 % |
Pension Contributions | 8 % | 5 % |
Cost of Living Index | 90 | 80 |
Median Household Income | 150,000 GYD (720 USD) | 1,800 USD |
If you lived in Guyana, you would earn 3.84 times less salary as compared to Marshall Islands.
Indicators | Guyana | Marshall Islands |
---|---|---|
Legal Consultation Per Hour Rate | 2,000 GYD (9.60 USD) | 150 USD |
Accounting Services Per Hour Rate | 1,500 GYD (7.20 USD) | 120 USD |
IT Support Services Per Hour Rate | 1,200 GYD (5.76 USD) | 100 USD |
Technician Services Per Hour Rate | 1,000 GYD (4.80 USD) | 120 USD |
Professional Services cost 17.91 times less in Guyana, as compared to Marshall Islands.
We hope you enjoyed the detailed guide on the cost of living comparsion between Guyana and Marshall Islands.
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