Last update: Oct 2026

Cost of Living Comparison Between Australia and the Turks and Caicos Islands

For one person, living is cheaper in Australia: $2,539 a month against $3,522 in the Turks and Caicos Islands, rent and utilities included – about $11,800 less a year. Rent and utilities account for most of the difference.

🇦🇺 Australia
$2,539
/mo nomad
🇹🇨 Turks and Caicos Islands
$3,522
/mo nomad
Monthly Cost of Living

How much you'll spend in Australia and in the Turks and Caicos Islands

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

A single person spends $2,539 per month in Australia vs $3,522 in the Turks and Caicos Islands, rent included.

  • Australia $2,539
  • Turks and Caicos Islands $3,522

A couple spends around $3,716 per month in Australia vs $6,038 in the Turks and Caicos Islands, rent included.

  • Australia $3,716
  • Turks and Caicos Islands $6,038

A family of three spends $4,892 per month in Australia vs $8,554 in the Turks and Caicos Islands, rent included.

  • Australia $4,892
  • Turks and Caicos Islands $8,554

The cost of living in Australia is roughly 28% lower than in the Turks and Caicos Islands on average.

Both Australia and the Turks and Caicos Islands are pricier than the global median – Australia by 87%, the Turks and Caicos Islands by 160%.

Currency
🍽 Eating Out
Australia
Turks and Caicos Islands
Difference
Meal at Budget Restaurant
$17.35 A$24.97
$18.70 $18.70
-7.22%
Three-Course Dinner for Two, Mid-Range
$84.5 A$122
$120 $120
-29.59%
Fast Food Meal (McDonalds, etc)
$10.98 A$15.79
$11.19 $11.19
-1.88%
Cappuccino
$3.84 A$5.53
$6.07 $6.07
-36.74%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.89 A$4.16
$2.98 $2.98
-3.02%
Water (0.33 liter bottle)
$2.29 A$3.29
$2.80 $2.80
-18.21%
Local Beer (0.5 liter draught)
$7.79 A$11.21
$4.93 $4.93
58.01%
Imported Beer (0.33 liter bottle)
$8.42 A$12.12
$6.94 $6.94
21.33%
🛒 Groceries & Markets
Australia
Turks and Caicos Islands
Difference
Milk (1 liter)
$1.75 A$2.52
$4.80 $4.80
-63.54%
White Bread (500g)
$2.78 A$4.00
$4.74 $4.74
-41.35%
Rice (white) (1kg)
$2.31 A$3.33
$5.12 $5.12
-54.88%
Eggs
$4.89 A$7.04
-
-
Local Cheese (1kg)
$9.95 A$14.32
-
-
Chicken Fillets (1kg)
$9.06 A$13.03
$20.03 $20.03
-54.77%
Beef Round Steak (1kg)
$14.92 A$21.46
$17.95 $17.95
-16.88%
Apples (1kg)
$3.65 A$5.25
$4.10 $4.10
-10.98%
Banana (1kg)
$3.03 A$4.36
$2.36 $2.36
28.39%
Oranges (1kg)
$3.24 A$4.66
$2.52 $2.52
28.57%
Tomato (1kg)
$4.69 A$6.76
$6.76 $6.76
-30.62%
Potato (1kg)
$2.85 A$4.11
-
-
Onion (1kg)
$2.32 A$3.34
$2.05 $2.05
13.17%
Lettuce (1 head)
$2.43 A$3.50
-
-
Water (1.5 liter bottle)
$1.66 A$2.39
$3.59 $3.59
-53.76%
Cigarettes 20 Pack (Marlboro, Camel)
$38.47 A$55.4
-
-
Wine (Bottle)
$13.84 A$19.92
$19.84 $19.84
-30.24%
Local Beer (0.5 liter bottle)
$4.87 A$7.01
-
-
Imported Beer (0.33 liter bottle)
$5.28 A$7.59
-
-
🚌 Getting Around
Australia
Turks and Caicos Islands
Difference
One-way Ticket (Public Transport)
$2.71 A$3.90
-
-
Public Transport Monthly Pass (Regular Price)
$94.0 A$135
-
-
Taxi Start (Normal Tariff)
$3.57 A$5.14
$3.01 $3.01
18.60%
Taxi (Normal Tariff) (1km)
$1.63 A$2.35
-
-
Taxi 1hour Waiting (Normal Tariff)
$40.04 A$57.6
-
-
Gasoline (1 liter)
$1.33 A$1.91
$1.98 $1.98
-32.83%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$29.1K A$41.9K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$25.7K A$37.0K
-
-
🧾 Monthly Utilities & Internet
Australia
Turks and Caicos Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$205 A$296
$406 $406
-49.47%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$28.24 A$40.63
$68.4 $68.4
-58.71%
Internet (50+ Mbps, Unlimited Data)
$57.0 A$82.0
$140 $140
-59.39%
🎉 Sport & Entertainment
Australia
Turks and Caicos Islands
Difference
Gym Membership (Monthly)
$55.4 A$79.7
$99.2 $99.2
-44.20%
Tennis Court (1 Hour on Weekend)
$19.46 A$28.01
-
-
Cinema Ticket
$15.06 A$21.66
-
-
🧸 Childcare & Education
Australia
Turks and Caicos Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$2,097 A$3,017
$496 $496
322.34%
International Primary School, 1 Child (Yearly)
$18.0K A$26.0K
$12.8K $12.8K
40.89%
👕👟 Clothing & Footwear
Australia
Turks and Caicos Islands
Difference
Jeans (Levis 501 Or Similar)
$78.0 A$112
$81.1 $81.1
-3.86%
Summer Dress (H&M, Zara, etc)
$55.3 A$79.6
$59.7 $59.7
-7.35%
Sport Shoes (Adidas, Nike)
$112 A$161
$150 $150
-25.52%
Men's Leather Business Shoes
$122 A$175
$98.9 $98.9
23.27%
🏠 Accommodation & Living
Australia
Turks and Caicos Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$1,559 A$2,244
$1,802 $1,802
-13.45%
1-bedroom Apartment, Outside City Center (Monthly)
$1,215 A$1,748
$1,876 $1,876
-35.25%
3-bedroom Apartment, City Center (Monthly)
$2,435 A$3,504
$4,805 $4,805
-49.32%
3-bedroom Apartment, Outside City Center (Monthly)
$1,924 A$2,769
$5,041 $5,041
-61.83%
Buy Apartment in City Center (m2)
$8,175 A$11.8K
-
-
Buy Apartment Outside City Center (m2)
$6,060 A$8,721
$2,133 $2,133
184.05%
💵 Salaries & Financials
Australia
Turks and Caicos Islands
Difference
Average Monthly Net Salary (After Tax)
$4,038 A$5,811
$4,334 $4,334
-6.82%
20-Year Fixed Mortgage Interest Rate (Annual %)
5.94
7
-15.14%

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

Last update for Australia: October 19, 2026

Last update for the Turks and Caicos Islands: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Australia
$1.2K
Turks and Caicos Islands
$1.9K 54.4% $661
Groceries & Markets
Australia
$372
Turks and Caicos Islands
$435 * 16.9% $63
Eating Out
Australia
$294
Turks and Caicos Islands
$318 7.9% $23
Monthly Utilities & Internet
Australia
$291
Turks and Caicos Islands
$615 112% $324
Clothing & Footwear
Australia
$165
Turks and Caicos Islands
$175 6.2% $10
Getting Around
Australia
$117
Turks and Caicos Islands
$3 * 97.4% $114
Sport & Entertainment
Australia
$85
Turks and Caicos Islands
$99 * 16.1% $14

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Average salary: $3,853 in Australia vs $5,215 in the Turks and Caicos Islands. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 203% higher in Australia.

Dining out costs 165% more in Australia.

Salaries are 35% higher in the Turks and Caicos Islands.

Good to know
🇦🇺 Australia
🇹🇨 Turks and Caicos Islands
🕒 Local time
16:21 4:21 PM
01:21 1:21 AM
15 h behind Australia
🌤 Weather
👥 Population
26,473,055
44,542
Exchange rates and currency converter

USD, EUR to AUD – Australian Dollar Converter

Australian Dollar exchange rates as of October 21, 2026: 1 USD = 1.44 AUD (1 AUD = 0.695 USD). 1 EUR = 1.62 AUD (1 AUD = 0.618 EUR).

United States Dollar exchange rates as of October 21, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

On the map
Between locations
  • Australia Turks and Caicos Islands 15,820 km ≈ 20 h nonstop flight
From you
  • Australia
  • Turks and Caicos Islands

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
Australia vs Turks and Caicos Islands: Cost of Living - Frequently Asked Questions
Is Australia more expensive than the Turks and Caicos Islands?
Australia is the cheaper option – living costs run roughly 39% lower on average.
Is everything cheaper in Australia?
Not necessarily. Overall, the Turks and Caicos Islands costs about 39% more, but the gap varies by category, and some expenses can be lower in the Turks and Caicos Islands. Compare the categories that matter most for your budget.
Is $2,500 a realistic budget in Australia or in the Turks and Caicos Islands?
$2,500 buys a comfortable lifestyle in Australia, but in the Turks and Caicos Islands it only works with careful planning outside the capital. Same money, very different lives.
Should I move to Australia or to the Turks and Caicos Islands?
Australia is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.

Australia vs other spots: cost of living compared

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