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

Monthly Cost of Living

Monthly costs for one person with rent: $1,260 in Mexico versus $943 in Turks And Caicos Islands.

Estimated couple costs with rent: $2,019 in Mexico versus $1,606 in Turks And Caicos Islands.

Monthly costs for a family of three with rent: $2,777 in Mexico versus $2,269 in Turks And Caicos Islands.

Living in Mexico is roughly 34% more expensive than in Turks And Caicos Islands on average.

Both countries sit below the global median: Mexico 8% lower, Turks And Caicos Islands 31% lower.

Currency
🍽 Eating Out
Mexico
Turks And Caicos Islands
Difference
Meal at Budget Restaurant
$11.94 MX$202
$19.18 $19.18
-37.75%
Three-Course Dinner for Two, Mid-Range
$46.71 MX$789
$118 $118
-60.53%
Fast Food Meal (McDonalds, etc)
$10.16 MX$172
$10.94 $10.94
-7.13%
Cappuccino
$3.88 MX$65.5
$5.86 $5.86
-33.79%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.58 MX$26.77
$3.03 $3.03
-47.85%
Water (0.33 liter bottle)
$1.11 MX$18.70
$2.75 $2.75
-59.64%
Local Beer (0.5 liter draught)
$2.92 MX$49.31
$5.13 $5.13
-43.08%
Imported Beer (0.33 liter bottle)
$4.82 MX$81.4
$7.16 $7.16
-32.68%
🛒 Groceries & Markets
Mexico
Turks And Caicos Islands
Difference
Milk (1 liter)
$1.77 MX$29.96
$4.86 $4.86
-63.58%
White Bread (500g)
$3.04 MX$51.4
$4.90 $4.90
-37.96%
Rice (white) (1kg)
$1.93 MX$32.65
$4.87 $4.87
-60.37%
Eggs
$2.69 MX$45.38
-
-
Local Cheese (1kg)
$9.76 MX$165
-
-
Chicken Fillets (1kg)
$8.70 MX$147
$20.24 $20.24
-57.02%
Beef Round Steak (1kg)
$12.54 MX$212
$17.97 $17.97
-30.22%
Apples (1kg)
$3.12 MX$52.8
$3.91 $3.91
-20.20%
Banana (1kg)
$1.75 MX$29.63
$2.36 $2.36
-25.85%
Oranges (1kg)
$2.22 MX$37.54
$2.52 $2.52
-11.90%
Tomato (1kg)
$2.14 MX$36.13
$6.68 $6.68
-67.96%
Potato (1kg)
$2.20 MX$37.10
-
-
Onion (1kg)
$2.09 MX$35.37
$2.01 $2.01
3.98%
Lettuce (1 head)
$1.53 MX$25.87
-
-
Water (1.5 liter bottle)
$1.23 MX$20.72
$3.40 $3.40
-63.82%
Cigarettes 20 Pack (Marlboro, Camel)
$4.72 MX$79.8
-
-
Wine (Bottle)
$11.54 MX$195
$20.06 $20.06
-42.47%
Local Beer (0.5 liter bottle)
$1.82 MX$30.84
-
-
Imported Beer (0.33 liter bottle)
$3.45 MX$58.3
-
-
🚌 Getting Around
Mexico
Turks And Caicos Islands
Difference
One-way Ticket (Public Transport)
$0.69 MX$11.72
-
-
Public Transport Monthly Pass (Regular Price)
$29.26 MX$494
-
-
Taxi Start (Normal Tariff)
$2.88 MX$48.59
$3.07 $3.07
-6.19%
Taxi (Normal Tariff) (1km)
$2.87 MX$48.48
-
-
Taxi 1hour Waiting (Normal Tariff)
$11.76 MX$199
-
-
Gasoline (1 liter)
$1.49 MX$25.13
$2.17 $2.17
-31.34%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$22.4K MX$379.2K
-
-
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$26.1K MX$440.7K
-
-
🧾 Monthly Utilities & Internet
Mexico
Turks And Caicos Islands
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$74.6 MX$1,261
$392 $392
-80.98%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$25.21 MX$426
$69.1 $69.1
-63.53%
Internet (50+ Mbps, Unlimited Data)
$31.40 MX$531
$145 $145
-78.27%
🎉 Sport & Entertainment
Mexico
Turks And Caicos Islands
Difference
Gym Membership (Monthly)
$39.89 MX$674
$101 $101
-60.50%
Tennis Court (1 Hour on Weekend)
$19.08 MX$322
-
-
Cinema Ticket
$5.62 MX$94.9
-
-
🧸 Childcare & Education
Mexico
Turks And Caicos Islands
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$282 MX$4,764
$510 $510
-44.71%
International Primary School, 1 Child (Yearly)
$6,767 MX$114.4K
$12.8K $12.8K
-46.99%
👕👟 Clothing & Footwear
Mexico
Turks And Caicos Islands
Difference
Jeans (Levis 501 Or Similar)
$60.5 MX$1,022
$80.7 $80.7
-25.11%
Summer Dress (H&M, Zara, etc)
$44.67 MX$755
$59.8 $59.8
-25.30%
Sport Shoes (Adidas, Nike)
$105 MX$1,773
$151 $151
-30.43%
Men's Leather Business Shoes
$97.9 MX$1,655
$98.6 $98.6
-0.64%
🏠 Accommodation & Living
Mexico
Turks And Caicos Islands
Difference
1-bedroom Apartment, City Center (Monthly)
$766 MX$13.0K
$1,795 $1,795
-57.32%
1-bedroom Apartment, Outside City Center (Monthly)
$494 MX$8,344
$1,858 $1,858
-73.42%
3-bedroom Apartment, City Center (Monthly)
$1,413 MX$23.9K
$4,740 $4,740
-70.18%
3-bedroom Apartment, Outside City Center (Monthly)
$954 MX$16.1K
$5,040 $5,040
-81.07%
Buy Apartment in City Center (m2)
$2,695 MX$45.5K
-
-
Buy Apartment Outside City Center (m2)
$1,570 MX$26.5K
$2,185 $2,185
-28.13%
💵 Salaries & Financials
Mexico
Turks And Caicos Islands
Difference
Average Monthly Net Salary (After Tax)
$835 MX$14.1K
$4,410 $4,410
-81.07%
20-Year Fixed Mortgage Interest Rate (Annual %)
11.43
7
63.29%

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

Last update for Mexico: August 31, 2026

Last update for Turks And Caicos Islands: September 1, 2026

Cost Breakdown

National salary averages: $784 in Mexico, $5,194 in Turks And Caicos Islands. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 53% higher in Mexico.

Dining out costs 57% more in Mexico.

Salaries are 563% higher in Turks And Caicos Islands, and purchasing power comes out stronger in Turks And Caicos Islands.

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
Mexico vs Turks And Caicos Islands: Cost of Living - Frequently Asked Questions
What is the cost difference between Mexico and Turks And Caicos Islands?
At $1,836 per month in Mexico and $1,717 in Turks And Caicos Islands, there's a 7% 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?
Day-to-day life is simply cheaper in Turks And Caicos Islands: 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 Mexico is consistently higher than in 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 Mexico or in Turks And Caicos Islands?
In Turks And Caicos Islands, $3,000 covers most cities easily; in Mexico it stretches only to regional areas and falls short in the capital – you'll need to make trade-offs on housing or lifestyle.
Should I move to Mexico or to Turks And Caicos Islands?
It depends on what you're after: Turks And Caicos Islands wins on affordability; Mexico may offer higher salaries, better infrastructure, and different cultural perks. Both attract large expat communities for different reasons.

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