Last update: Oct 2026

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

Name: Turks and Caicos Islands
Address: TC

For one person, living is cheaper in Italy: $1,825 a month against $3,522 in the Turks and Caicos Islands, rent and utilities included – about $20,400 less a year. Rent and utilities account for most of the difference.

89

Cost of Living Index in Italy
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Italy Living Index
92.28

Cost of Living Index in the Turks and Caicos Islands
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Turks and Caicos Islands Living Index

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🇮🇹 Italy

$1,825

/mo nomad

🇹🇨 Turks and Caicos Islands

$3,522

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy 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 Italy and in the Turks and Caicos Islands actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,825 in Italy versus $3,522 in the Turks and Caicos Islands.

Italy $1,825
Turks and Caicos Islands $3,522

Estimated couple costs with rent: $2,790 in Italy versus $6,038 in the Turks and Caicos Islands.

Italy $2,790
Turks and Caicos Islands $6,038

Monthly costs for a family of three with rent: $3,756 in Italy versus $8,554 in the Turks and Caicos Islands.

Italy $3,756
Turks and Caicos Islands $8,554

Living in Italy costs about 48% less than in the Turks and Caicos Islands on average.

Both countries sit above the global median: Italy 35% above, the Turks and Caicos Islands 160% above.

Meal at Budget Restaurant

$19.90 €17.70

$18.70 $18.70

6.42%

Three-Course Dinner for Two, Mid-Range

$77.1 €68.6

$120 $120

-35.77%

Fast Food Meal (McDonalds, etc)

$11.41 €10.15

$11.19 $11.19

1.97%

Cappuccino

$2.01 €1.78

$6.07 $6.07

-66.89%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$3.13 €2.78

$2.98 $2.98

5.03%

Water (0.33 liter bottle)

$1.40 €1.24

$2.80 $2.80

-50.00%

Local Beer (0.5 liter draught)

$5.76 €5.12

$4.93 $4.93

16.84%

Imported Beer (0.33 liter bottle)

$5.73 €5.10

$6.94 $6.94

-17.44%

Milk (1 liter)

$1.62 €1.44

$4.80 $4.80

-66.25%

White Bread (500g)

$2.38 €2.12

$4.74 $4.74

-49.79%

Rice (white) (1kg)

$2.92 €2.60

$5.12 $5.12

-42.97%

Eggs

$4.17 €3.70

Local Cheese (1kg)

$17.28 €15.37

Chicken Fillets (1kg)

$12.73 €11.32

$20.03 $20.03

-36.45%

Beef Round Steak (1kg)

$20.39 €18.13

$17.95 $17.95

13.59%

Apples (1kg)

$2.61 €2.32

$4.10 $4.10

-36.34%

Banana (1kg)

$2.12 €1.88

$2.36 $2.36

-10.17%

Oranges (1kg)

$2.63 €2.34

$2.52 $2.52

4.37%

Tomato (1kg)

$3.34 €2.97

$6.76 $6.76

-50.59%

Potato (1kg)

$2.02 €1.79

Onion (1kg)

$1.89 €1.69

$2.05 $2.05

-7.80%

Lettuce (1 head)

$1.56 €1.39

Water (1.5 liter bottle)

$0.55 €0.49

$3.59 $3.59

-84.68%

Cigarettes 20 Pack (Marlboro, Camel)

$6.84 €6.08

Wine (Bottle)

$7.64 €6.80

$19.84 $19.84

-61.49%

Local Beer (0.5 liter bottle)

$1.80 €1.61

Imported Beer (0.33 liter bottle)

$2.40 €2.14

One-way Ticket (Public Transport)

$1.86 €1.65

Public Transport Monthly Pass (Regular Price)

$43.27 €38.49

Taxi Start (Normal Tariff)

$5.64 €5.01

$3.01 $3.01

87.38%

Taxi (Normal Tariff) (1km)

$1.71 €1.52

Taxi 1hour Waiting (Normal Tariff)

$33.04 €29.39

Gasoline (1 liter)

$2.11 €1.87

$1.98 $1.98

6.57%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$35.8K €31.8K

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$37.4K €33.3K

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$230 €204

$406 $406

-43.49%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$11.60 €10.32

$68.4 $68.4

-83.04%

Internet (50+ Mbps, Unlimited Data)

$30.40 €27.04

$140 $140

-78.32%

Gym Membership (Monthly)

$53.9 €47.96

$99.2 $99.2

-45.66%

Tennis Court (1 Hour on Weekend)

$24.24 €21.56

Cinema Ticket

$10.58 €9.41

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$545 €485

$496 $496

9.84%

International Primary School, 1 Child (Yearly)

$11.5K €10.3K

$12.8K $12.8K

-9.98%

Jeans (Levis 501 Or Similar)

$88.4 €78.7

$81.1 $81.1

8.99%

Summer Dress (H&M, Zara, etc)

$39.60 €35.22

$59.7 $59.7

-33.69%

Sport Shoes (Adidas, Nike)

$101 €89.8

$150 $150

-32.77%

Men's Leather Business Shoes

$133 €118

$98.9 $98.9

34.57%

1-bedroom Apartment, City Center (Monthly)

$799 €711

$1,802 $1,802

-55.65%

1-bedroom Apartment, Outside City Center (Monthly)

$624 €555

$1,876 $1,876

-66.71%

3-bedroom Apartment, City Center (Monthly)

$1,423 €1,266

$4,805 $4,805

-70.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,030 €916

$5,041 $5,041

-79.58%

Buy Apartment in City Center (m2)

$3,601 €3,203

Buy Apartment Outside City Center (m2)

$2,270 €2,019

$2,133 $2,133

6.42%

Average Monthly Net Salary (After Tax)

$1,893 €1,684

$4,334 $4,334

-56.33%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

-49.14%

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

Last update for Italy: October 18, 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

Italy

$624 34.2%

Turks and Caicos Islands

$1.9K 53.3% 200% $1.3K

Groceries & Markets

Italy

$350 19.2%

Turks and Caicos Islands

$435 * 12.4% 24.4% $86

Eating Out

Italy

$276 15.1%

Turks and Caicos Islands

$318 9% 15.2% $42

Monthly Utilities & Internet

Italy

$272 14.9%

Turks and Caicos Islands

$615 17.5% 126% $343

Clothing & Footwear

Italy

$163 8.9%

Turks and Caicos Islands

$175 5% 7.7% $13

Sport & Entertainment

Italy

$75 4.1%

Turks and Caicos Islands

$99 * 2.8% 32.2% $24

Getting Around

Italy

$65 3.6%

Turks and Caicos Islands

$3 * 0.1% 95.4% $62

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

Cost Breakdown

National salary averages: $1,892 in Italy, $5,215 in the Turks and Caicos Islands. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 61% higher in Italy.

Dining out costs 135% more in Italy.

Salaries are 176% higher in the Turks and Caicos Islands, and purchasing power comes out stronger in the Turks and Caicos Islands.

Good to know

🇮🇹 Italy

🇹🇨 Turks and Caicos Islands

🕒 Local time

07:21 7:21 AM

01:21 1:21 AM

6 h behind Italy

🌤 Weather

👥 Population

58,850,717

44,542

💱 Currency

Euro EUR €

United States Dollar USD $

📈 Exchange rate

1 EUR = 1.12 USD

1 USD = 0.89 EUR

Exchange rates and currency converter

On the map

Lowest

Highest

Between locations

Italy Turks and Caicos Islands 7,920 km ≈ 10 h nonstop flight

From you

Italy
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

Italy vs Turks and Caicos Islands: Cost of Living - Frequently Asked Questions

At $1,825 per month in Italy and $3,522 in the Turks and Caicos Islands, there's a 93% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Overall, Italy is the cheaper option, but not in every category: rent, groceries, transport, and eating out each follow their own pattern. Check the categories you spend the most on before deciding.

In Italy, $2,500 covers most cities easily; in the Turks and Caicos Islands it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.

It depends on what you're after: Italy wins on affordability; the Turks and Caicos Islands may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.