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Compass News
Daybreak – 21 August 2025
Shaken but not silent… After a weekend of armed robberies, the owners of the targeted businesses speak.
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And a young Cayman swimmer sets a junior national record on the international stage.
| 00:30:59
Cayman Compass
Soaring food and healthcare costs challenge Cayman families
Cayman Islands residents spend an average of just over $36,000 a year on everything from rent and groceries to vacations, healthcare and entertainment, according to a newly published survey.
By far the biggest increase in spending was on groceries and health care, the data suggests.
Over a 12-month period leading up to January 2024, government statisticians surveyed 2,400 families on their spending patterns.
Participants were asked to record their expenses in a ‘memory jogger’ notebook and answer questions on their family budgets.
