Last update: Oct 2026

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

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.

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

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

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

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

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

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

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

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

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

The cost of living in the Turks and Caicos Islands is about 39% higher than in Australia on average.

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

Currency
🍽 Eating Out
Turks and Caicos Islands
Australia
Difference
Meal at Budget Restaurant
$18.70 $18.70
$17.35 A$24.97
7.78%
Three-Course Dinner for Two, Mid-Range
$120 $120
$84.5 A$122
42.02%
Fast Food Meal (McDonalds, etc)
$11.19 $11.19
$10.98 A$15.79
1.91%
Cappuccino
$6.07 $6.07
$3.84 A$5.53
58.07%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.98 $2.98
$2.89 A$4.16
3.11%
Water (0.33 liter bottle)
$2.80 $2.80
$2.29 A$3.29
22.27%
Local Beer (0.5 liter draught)
$4.93 $4.93
$7.79 A$11.21
-36.71%
Imported Beer (0.33 liter bottle)
$6.94 $6.94
$8.42 A$12.12
-17.58%
🛒 Groceries & Markets
Turks and Caicos Islands
Australia
Difference
Milk (1 liter)
$4.80 $4.80
$1.75 A$2.52
174.29%
White Bread (500g)
$4.74 $4.74
$2.78 A$4.00
70.50%
Rice (white) (1kg)
$5.12 $5.12
$2.31 A$3.33
121.65%
Eggs
-
$4.89 A$7.04
-
Local Cheese (1kg)
-
$9.95 A$14.32
-
Chicken Fillets (1kg)
$20.03 $20.03
$9.06 A$13.03
121.08%
Beef Round Steak (1kg)
$17.95 $17.95
$14.92 A$21.46
20.31%
Apples (1kg)
$4.10 $4.10
$3.65 A$5.25
12.33%
Banana (1kg)
$2.36 $2.36
$3.03 A$4.36
-22.11%
Oranges (1kg)
$2.52 $2.52
$3.24 A$4.66
-22.22%
Tomato (1kg)
$6.76 $6.76
$4.69 A$6.76
44.14%
Potato (1kg)
-
$2.85 A$4.11
-
Onion (1kg)
$2.05 $2.05
$2.32 A$3.34
-11.64%
Lettuce (1 head)
-
$2.43 A$3.50
-
Water (1.5 liter bottle)
$3.59 $3.59
$1.66 A$2.39
116.27%
Cigarettes 20 Pack (Marlboro, Camel)
-
$38.47 A$55.4
-
Wine (Bottle)
$19.84 $19.84
$13.84 A$19.92
43.35%
Local Beer (0.5 liter bottle)
-
$4.87 A$7.01
-
Imported Beer (0.33 liter bottle)
-
$5.28 A$7.59
-
🚌 Getting Around
Turks and Caicos Islands
Australia
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)
$3.01 $3.01
$3.57 A$5.14
-15.69%
Taxi (Normal Tariff) (1km)
-
$1.63 A$2.35
-
Taxi 1hour Waiting (Normal Tariff)
-
$40.04 A$57.6
-
Gasoline (1 liter)
$1.98 $1.98
$1.33 A$1.91
48.87%
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
Turks and Caicos Islands
Australia
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$406 $406
$205 A$296
97.90%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$68.4 $68.4
$28.24 A$40.63
142.21%
Internet (50+ Mbps, Unlimited Data)
$140 $140
$57.0 A$82.0
146.23%
🎉 Sport & Entertainment
Turks and Caicos Islands
Australia
Difference
Gym Membership (Monthly)
$99.2 $99.2
$55.4 A$79.7
79.21%
Tennis Court (1 Hour on Weekend)
-
$19.46 A$28.01
-
Cinema Ticket
-
$15.06 A$21.66
-
🧸 Childcare & Education
Turks and Caicos Islands
Australia
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$496 $496
$2,097 A$3,017
-76.32%
International Primary School, 1 Child (Yearly)
$12.8K $12.8K
$18.0K A$26.0K
-29.02%
👕👟 Clothing & Footwear
Turks and Caicos Islands
Australia
Difference
Jeans (Levis 501 Or Similar)
$81.1 $81.1
$78.0 A$112
4.01%
Summer Dress (H&M, Zara, etc)
$59.7 $59.7
$55.3 A$79.6
7.93%
Sport Shoes (Adidas, Nike)
$150 $150
$112 A$161
34.27%
Men's Leather Business Shoes
$98.9 $98.9
$122 A$175
-18.87%
🏠 Accommodation & Living
Turks and Caicos Islands
Australia
Difference
1-bedroom Apartment, City Center (Monthly)
$1,802 $1,802
$1,559 A$2,244
15.54%
1-bedroom Apartment, Outside City Center (Monthly)
$1,876 $1,876
$1,215 A$1,748
54.43%
3-bedroom Apartment, City Center (Monthly)
$4,805 $4,805
$2,435 A$3,504
97.31%
3-bedroom Apartment, Outside City Center (Monthly)
$5,041 $5,041
$1,924 A$2,769
162.00%
Buy Apartment in City Center (m2)
-
$8,175 A$11.8K
-
Buy Apartment Outside City Center (m2)
$2,133 $2,133
$6,060 A$8,721
-64.79%
💵 Salaries & Financials
Turks and Caicos Islands
Australia
Difference
Average Monthly Net Salary (After Tax)
$4,334 $4,334
$4,038 A$5,811
7.32%
20-Year Fixed Mortgage Interest Rate (Annual %)
7
5.94
17.85%

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

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

Last update for Australia: October 19, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Turks and Caicos Islands
$1.9K
Australia
$1.2K 35.2% $661
Monthly Utilities & Internet
Turks and Caicos Islands
$615
Australia
$291 52.8% $324
Groceries & Markets
Turks and Caicos Islands
$435 *
Australia
$372 14.5% $63
Eating Out
Turks and Caicos Islands
$318
Australia
$294 7.3% $23
Clothing & Footwear
Turks and Caicos Islands
$175
Australia
$165 5.9% $10
Sport & Entertainment
Turks and Caicos Islands
$99 *
Australia
$85 13.9% $14
Getting Around
Turks and Caicos Islands
$3 *
Australia
$117 3772% $114

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

Cost Breakdown

Average salary: $5,215 in the Turks and Caicos Islands vs $3,853 in Australia. 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
🇹🇨 Turks and Caicos Islands
🇦🇺 Australia
🕒 Local time
00:39 12:39 AM
15:39 3:39 PM
15 h ahead of the Turks and Caicos Islands
🌤 Weather
👥 Population
44,542
26,473,055
Exchange rates and currency converter

AUD, EUR to USD – United States Dollar Converter

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

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).

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

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
Turks and Caicos Islands vs Australia: 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.

Turks and Caicos Islands vs other spots: cost of living compared

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