Last update: Oct 2026

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

Name: Turks and Caicos Islands
Address: TC

For one person, living is cheaper in Mexico: $1,262 a month against $3,522 in the Turks and Caicos Islands, rent and utilities included – about $27,100 less a year. Rent and utilities account for most of the difference.

61

Cost of Living Index in Mexico
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Mexico 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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🇲🇽 Mexico

$1,262

/mo nomad

🇹🇨 Turks and Caicos Islands

$3,522

/mo nomad

Monthly Cost of Living

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

Monthly costs for one person with rent: $1,262 in Mexico versus $3,522 in the Turks and Caicos Islands.

Mexico $1,262
Turks and Caicos Islands $3,522

Estimated couple costs with rent: $1,993 in Mexico versus $6,038 in the Turks and Caicos Islands.

Mexico $1,993
Turks and Caicos Islands $6,038

Monthly costs for a family of three with rent: $2,723 in Mexico versus $8,554 in the Turks and Caicos Islands.

Mexico $2,723
Turks and Caicos Islands $8,554

Living in Mexico costs about 64% less than in the Turks and Caicos Islands on average.

Mexico (7% below) and the Turks and Caicos Islands (160% above) straddle the global median.

Meal at Budget Restaurant

$10.89 MX$201

$18.70 $18.70

-41.76%

Three-Course Dinner for Two, Mid-Range

$43.66 MX$807

$120 $120

-63.63%

Fast Food Meal (McDonalds, etc)

$9.21 MX$170

$11.19 $11.19

-17.69%

Cappuccino

$3.54 MX$65.4

$6.07 $6.07

-41.68%

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

$1.46 MX$27.07

$2.98 $2.98

-51.01%

Water (0.33 liter bottle)

$1.01 MX$18.71

$2.80 $2.80

-63.93%

Local Beer (0.5 liter draught)

$2.69 MX$49.63

$4.93 $4.93

-45.44%

Imported Beer (0.33 liter bottle)

$4.40 MX$81.4

$6.94 $6.94

-36.60%

Milk (1 liter)

$1.59 MX$29.37

$4.80 $4.80

-66.88%

White Bread (500g)

$2.71 MX$50.1

$4.74 $4.74

-42.83%

Rice (white) (1kg)

$1.75 MX$32.27

$5.12 $5.12

-65.82%

Eggs

$2.44 MX$45.17

Local Cheese (1kg)

$9.15 MX$169

Chicken Fillets (1kg)

$8.41 MX$155

$20.03 $20.03

-58.01%

Beef Round Steak (1kg)

$11.52 MX$213

$17.95 $17.95

-35.82%

Apples (1kg)

$2.79 MX$51.5

$4.10 $4.10

-31.95%

Banana (1kg)

$1.62 MX$30.00

$2.36 $2.36

-31.36%

Oranges (1kg)

$2.06 MX$38.16

$2.52 $2.52

-18.25%

Tomato (1kg)

$1.96 MX$36.15

$6.76 $6.76

-71.01%

Potato (1kg)

$1.96 MX$36.22

Onion (1kg)

$1.97 MX$36.49

$2.05 $2.05

-3.90%

Lettuce (1 head)

$1.39 MX$25.61

Water (1.5 liter bottle)

$1.15 MX$21.18

$3.59 $3.59

-67.97%

Cigarettes 20 Pack (Marlboro, Camel)

$4.52 MX$83.5

Wine (Bottle)

$11.01 MX$203

$19.84 $19.84

-44.51%

Local Beer (0.5 liter bottle)

$1.76 MX$32.53

Imported Beer (0.33 liter bottle)

$3.28 MX$60.5

One-way Ticket (Public Transport)

$0.67 MX$12.40

Public Transport Monthly Pass (Regular Price)

$27.61 MX$510

Taxi Start (Normal Tariff)

$2.68 MX$49.49

$3.01 $3.01

-10.96%

Taxi (Normal Tariff) (1km)

$2.69 MX$49.65

Taxi 1hour Waiting (Normal Tariff)

$10.83 MX$200

Gasoline (1 liter)

$1.46 MX$27.03

$1.98 $1.98

-26.26%

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

$23.9K MX$442.1K

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

$24.2K MX$447.2K

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

$70.0 MX$1,293

$406 $406

-82.78%

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

$23.69 MX$438

$68.4 $68.4

-65.37%

Internet (50+ Mbps, Unlimited Data)

$29.33 MX$542

$140 $140

-79.08%

Gym Membership (Monthly)

$36.51 MX$675

$99.2 $99.2

-63.21%

Tennis Court (1 Hour on Weekend)

$17.98 MX$332

Cinema Ticket

$5.35 MX$98.8

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

$257 MX$4,742

$496 $496

-48.31%

International Primary School, 1 Child (Yearly)

$6,229 MX$115.1K

$12.8K $12.8K

-51.35%

Jeans (Levis 501 Or Similar)

$55.8 MX$1,032

$81.1 $81.1

-31.17%

Summer Dress (H&M, Zara, etc)

$41.25 MX$762

$59.7 $59.7

-30.93%

Sport Shoes (Adidas, Nike)

$98.9 MX$1,827

$150 $150

-34.17%

Men's Leather Business Shoes

$91.9 MX$1,699

$98.9 $98.9

-7.05%

1-bedroom Apartment, City Center (Monthly)

$706 MX$13.0K

$1,802 $1,802

-60.82%

1-bedroom Apartment, Outside City Center (Monthly)

$455 MX$8,405

$1,876 $1,876

-75.75%

3-bedroom Apartment, City Center (Monthly)

$1,309 MX$24.2K

$4,805 $4,805

-72.77%

3-bedroom Apartment, Outside City Center (Monthly)

$859 MX$15.9K

$5,041 $5,041

-82.97%

Buy Apartment in City Center (m2)

$2,538 MX$46.9K

Buy Apartment Outside City Center (m2)

$1,497 MX$27.7K

$2,133 $2,133

-29.84%

Average Monthly Net Salary (After Tax)

$768 MX$14.2K

$4,334 $4,334

-82.27%

20-Year Fixed Mortgage Interest Rate (Annual %)

11.43

63.29%

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

Last update for Mexico: 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

Mexico

$455 36%

Turks and Caicos Islands

$1.9K 53.3% 312% $1.4K

Groceries & Markets

Mexico

$272 21.6%

Turks and Caicos Islands

$435 * 12.4% 60% $163

Eating Out

Mexico

$189 15%

Turks and Caicos Islands

$318 9% 67.8% $128

Clothing & Footwear

Mexico

$130 10.3%

Turks and Caicos Islands

$175 5% 35.5% $46

Monthly Utilities & Internet

Mexico

$123 9.7%

Turks and Caicos Islands

$615 17.5% 400% $492

Sport & Entertainment

Mexico

$47 3.7%

Turks and Caicos Islands

$99 * 2.8% 110% $52

Getting Around

Mexico

$46 3.7%

Turks and Caicos Islands

$3 * 0.1% 93.5% $43

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

Cost Breakdown

National salary averages: $729 in Mexico, $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 38% higher in Mexico.

Dining out costs 39% more in Mexico.

Salaries are 615% higher in the Turks and Caicos Islands, and purchasing power comes out stronger in the Turks and Caicos Islands.

Good to know

🇲🇽 Mexico

🇹🇨 Turks and Caicos Islands

🕒 Local time

22:43 10:43 PM

00:43 12:43 AM

2 h ahead of Mexico

🌤 Weather

👥 Population

124,777,324

44,542

💱 Currency

Mexican Peso MXN $

United States Dollar USD $

📈 Exchange rate

100 MXN = 5.41 USD

100 MXN = 4.81 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to MXN – Mexican Peso Converter

🇺🇸 United States Dollar ($)

🇲🇽 Mexican Peso ($)

Mexican Peso exchange rates as of October 21, 2026: 1 USD = 18.48 MXN (100 MXN = 5.41 USD). 1 EUR = 20.77 MXN (100 MXN = 4.81 EUR).

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

USD to MXN in detail →

On the map

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Between locations

Mexico Turks and Caicos Islands 2,920 km ≈ 4 h 15 min nonstop flight

From you

Mexico
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

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

At $1,262 per month in Mexico and $3,522 in the Turks and Caicos Islands, there's a 179% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Overall, Mexico 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 Mexico, $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: Mexico 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.