Cost of Living Comparison Between Italy and Turks And Caicos Islands Cost of Living Comparison Between Italy and Turks And Caicos Islands

Monthly Cost of Living

Monthly costs for one person with rent: $1,717 in Italy versus $1,061 in Turks And Caicos Islands.

Estimated couple costs with rent: $2,624 in Italy versus $1,698 in Turks And Caicos Islands.

Monthly costs for a family of three with rent: $3,530 in Italy versus $2,334 in Turks And Caicos Islands.

Living in Italy is roughly 62% more expensive than Turks And Caicos Islands on average.

Italy (28% above) and Turks And Caicos Islands (21% below) straddle the global median.

Currency
🍽 Eating Out
Italy
Turks And Caicos Islands
Difference
Meal at Budget Restaurant
$17.44 €15.13
$20.27 $20.27
-13.96%
Three-Course Dinner for Two, Mid-Range
$79.5 €68.9
$118 $118
-32.74%
Fast Food Meal (McDonalds, etc)
$11.76 €10.20
$10.05 $10.05
17.01%
Cappuccino
$2.00 €1.73
$5.48 $5.48
-63.50%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$3.00 €2.61
$2.70 $2.70
11.11%
Water (0.33 liter bottle)
$1.35 €1.17
$2.74 $2.74
-50.73%
Local Beer (0.5 liter draught)
$5.94 €5.15
$5.04 $5.04
17.86%
Imported Beer (0.33 liter bottle)
$5.36 €4.65
$6.60 $6.60
-18.79%
🛒 Groceries & Markets
Italy
Turks And Caicos Islands
Difference
Milk (1 liter)
$1.64 €1.42
$5.39 $5.39
-69.57%
White Bread (500g)
$2.41 €2.09
$3.86 $3.86
-37.56%
Rice (white) (1kg)
$2.99 €2.60
-
-
Eggs
$3.96 €3.44
$4.06 $4.06
-2.46%
Local Cheese (1kg)
$16.84 €14.61
$26.02 $26.02
-35.28%
Chicken Fillets (1kg)
$12.43 €10.78
$15.25 $15.25
-18.49%
Beef Round Steak (1kg)
$20.29 €17.60
$17.71 $17.71
14.57%
Apples (1kg)
$2.47 €2.15
$3.99 $3.99
-38.10%
Banana (1kg)
$2.15 €1.87
$2.58 $2.58
-16.67%
Oranges (1kg)
$2.65 €2.30
-
-
Tomato (1kg)
$3.40 €2.95
$6.59 $6.59
-48.41%
Potato (1kg)
$1.92 €1.67
-
-
Onion (1kg)
$1.81 €1.57
$1.99 $1.99
-9.05%
Lettuce (1 head)
$1.55 €1.34
$6.19 $6.19
-74.96%
Water (1.5 liter bottle)
$0.54 €0.47
$2.05 $2.05
-73.66%
Cigarettes 20 Pack (Marlboro, Camel)
$6.79 €5.89
$7.16 $7.16
-5.17%
Wine (Bottle)
$7.18 €6.23
$20.02 $20.02
-64.14%
Local Beer (0.5 liter bottle)
$1.80 €1.56
-
-
Imported Beer (0.33 liter bottle)
$2.42 €2.10
-
-
🚌 Getting Around
Italy
Turks And Caicos Islands
Difference
One-way Ticket (Public Transport)
$2.00 €1.73
-
-
Public Transport Monthly Pass (Regular Price)
$42.35 €36.73
-
-
Taxi Start (Normal Tariff)
$5.94 €5.16
$3.07 $3.07
93.49%
Taxi (Normal Tariff) (1km)
$1.51 €1.31
-
-
Taxi 1hour Waiting (Normal Tariff)
$34.04 €29.53
-
-
Gasoline (1 liter)
$2.05 €1.78
$2.14 $2.14
-4.21%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$32.8K €28.5K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$33.7K €29.2K
-
-
🧾 Monthly Utilities & Internet
Italy
Turks And Caicos Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$225 €196
$328 $328
-31.27%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$13.25 €11.49
$45.28 $45.28
-70.74%
Internet (50+ Mbps, Unlimited Data)
$30.95 €26.85
$142 $142
-78.21%
🎉 Sport & Entertainment
Italy
Turks And Caicos Islands
Difference
Gym Membership (Monthly)
$55.7 €48.36
$98.3 $98.3
-43.27%
Tennis Court (1 Hour on Weekend)
$25.15 €21.82
-
-
Cinema Ticket
$10.25 €8.89
-
-
🧸 Childcare & Education
Italy
Turks And Caicos Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$576 €500
$494 $494
16.55%
International Primary School, 1 Child (Yearly)
$10.5K €9,074
$7,953 $7,953
31.52%
👕👟 Clothing & Footwear
Italy
Turks And Caicos Islands
Difference
Jeans (Levis 501 Or Similar)
$91.8 €79.7
$80.3 $80.3
14.33%
Summer Dress (H&M, Zara, etc)
$40.72 €35.32
$59.5 $59.5
-31.51%
Sport Shoes (Adidas, Nike)
$98.0 €85.0
$151 $151
-34.95%
Men's Leather Business Shoes
$131 €113
$102 $102
28.48%
🏠 Accommodation & Living
Italy
Turks And Caicos Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$860 €746
$1,567 $1,567
-45.13%
1-bedroom Apartment, Outside City Center (Monthly)
$667 €578
$1,238 $1,238
-46.17%
3-bedroom Apartment, City Center (Monthly)
$1,475 €1,280
$2,972 $2,972
-50.36%
3-bedroom Apartment, Outside City Center (Monthly)
$1,087 €943
$2,556 $2,556
-57.49%
Buy Apartment in City Center (m2)
$3,850 €3,340
-
-
Buy Apartment Outside City Center (m2)
$2,359 €2,046
$2,132 $2,132
10.64%
💵 Salaries & Financials
Italy
Turks And Caicos Islands
Difference
Average Monthly Net Salary (After Tax)
$1,933 €1,677
$4,652 $4,652
-58.44%
20-Year Fixed Mortgage Interest Rate (Annual %)
4.41
7
-37.00%

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

Last update for Italy: May 31, 2026

Last update for Turks And Caicos Islands: June 2, 2026

Cost Breakdown

National salary averages: $1,949 in Italy, $4,537 in Turks And Caicos Islands. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 21% higher in Italy.

Dining out costs 147% more in Italy.

Salaries are 133% higher in Turks And Caicos Islands, giving Turks And Caicos Islands stronger purchasing power.

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
Italy vs Turks And Caicos Islands: Cost of Living - Frequently Asked Questions
What is the cost difference between Italy and Turks And Caicos Islands?
At $1,839 per month in Italy and $1,410 in Turks And Caicos Islands, there's a 30% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.
Which country is cheaper for everyday spending?
Turks And Caicos Islands is simply cheaper day-to-day: lower food prices, cheaper commutes, smaller household bills. Over time, those daily savings make a real difference to your monthly budget and ability to put money away.
Which country has higher housing costs?
Rent in Italy beats Turks And Caicos Islands across the board, especially in major cities. Housing is usually the single biggest driver of the overall cost difference between the two countries.
Is $3,000 a realistic budget in Italy or Turks And Caicos Islands?
In Turks And Caicos Islands, $3,000 covers most cities easily. In Italy, it works in regional areas but falls short in the capital – you'll need to make trade-offs on housing or lifestyle.
Should I move to Italy or Turks And Caicos Islands?
It depends on what you're after. Turks And Caicos Islands wins on affordability; Italy may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.

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