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

Name: Italy
Address: IT

Monthly Cost of Living

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

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

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

Living in Turks And Caicos Islands costs about 38% less than in Italy on average.

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

Meal at Budget Restaurant

$20.27 $20.27

$17.44 €15.13

16.23%

Three-Course Dinner for Two, Mid-Range

$118 $118

$79.5 €68.9

48.67%

Fast Food Meal (McDonalds, etc)

$10.05 $10.05

$11.76 €10.20

-14.54%

Cappuccino

$5.48 $5.48

$2.00 €1.73

174.00%

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

$2.70 $2.70

$3.00 €2.61

-10.00%

Water (0.33 liter bottle)

$2.74 $2.74

$1.35 €1.17

102.96%

Local Beer (0.5 liter draught)

$5.04 $5.04

$5.94 €5.15

-15.15%

Imported Beer (0.33 liter bottle)

$6.60 $6.60

$5.36 €4.65

23.13%

Milk (1 liter)

$5.39 $5.39

$1.64 €1.42

228.66%

White Bread (500g)

$3.86 $3.86

$2.41 €2.09

60.17%

Rice (white) (1kg)

$2.99 €2.60

Eggs

$4.06 $4.06

$3.96 €3.44

2.53%

Local Cheese (1kg)

$26.02 $26.02

$16.84 €14.61

54.51%

Chicken Fillets (1kg)

$15.25 $15.25

$12.43 €10.78

22.69%

Beef Round Steak (1kg)

$17.71 $17.71

$20.29 €17.60

-12.72%

Apples (1kg)

$3.99 $3.99

$2.47 €2.15

61.54%

Banana (1kg)

$2.58 $2.58

$2.15 €1.87

20.00%

Oranges (1kg)

$2.65 €2.30

Tomato (1kg)

$6.59 $6.59

$3.40 €2.95

93.82%

Potato (1kg)

$1.92 €1.67

Onion (1kg)

$1.99 $1.99

$1.81 €1.57

9.94%

Lettuce (1 head)

$6.19 $6.19

$1.55 €1.34

299.35%

Water (1.5 liter bottle)

$2.05 $2.05

$0.54 €0.47

279.63%

Cigarettes 20 Pack (Marlboro, Camel)

$7.16 $7.16

$6.79 €5.89

5.45%

Wine (Bottle)

$20.02 $20.02

$7.18 €6.23

178.83%

Local Beer (0.5 liter bottle)

$1.80 €1.56

Imported Beer (0.33 liter bottle)

$2.42 €2.10

One-way Ticket (Public Transport)

$2.00 €1.73

Public Transport Monthly Pass (Regular Price)

$42.35 €36.73

Taxi Start (Normal Tariff)

$3.07 $3.07

$5.94 €5.16

-48.32%

Taxi (Normal Tariff) (1km)

$1.51 €1.31

Taxi 1hour Waiting (Normal Tariff)

$34.04 €29.53

Gasoline (1 liter)

$2.14 $2.14

$2.05 €1.78

4.39%

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

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

$328 $328

$225 €196

45.49%

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

$45.28 $45.28

$13.25 €11.49

241.74%

Internet (50+ Mbps, Unlimited Data)

$142 $142

$30.95 €26.85

359.03%

Gym Membership (Monthly)

$98.3 $98.3

$55.7 €48.36

76.26%

Tennis Court (1 Hour on Weekend)

$25.15 €21.82

Cinema Ticket

$10.25 €8.89

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

$494 $494

$576 €500

-14.20%

International Primary School, 1 Child (Yearly)

$7,953 $7,953

$10.5K €9,074

-23.96%

Jeans (Levis 501 Or Similar)

$80.3 $80.3

$91.8 €79.7

-12.54%

Summer Dress (H&M, Zara, etc)

$59.5 $59.5

$40.72 €35.32

46.00%

Sport Shoes (Adidas, Nike)

$151 $151

$98.0 €85.0

53.72%

Men's Leather Business Shoes

$102 $102

$131 €113

-22.17%

1-bedroom Apartment, City Center (Monthly)

$1,567 $1,567

$860 €746

82.24%

1-bedroom Apartment, Outside City Center (Monthly)

$1,238 $1,238

$667 €578

85.76%

3-bedroom Apartment, City Center (Monthly)

$2,972 $2,972

$1,475 €1,280

101.47%

3-bedroom Apartment, Outside City Center (Monthly)

$2,556 $2,556

$1,087 €943

135.22%

Buy Apartment in City Center (m2)

$3,850 €3,340

Buy Apartment Outside City Center (m2)

$2,132 $2,132

$2,359 €2,046

-9.61%

Average Monthly Net Salary (After Tax)

$4,652 $4,652

$1,933 €1,677

140.59%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.41

58.73%

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

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

Last update for Italy: May 31, 2026

Cost Breakdown

National salary averages: $4,537 in Turks And Caicos Islands, $1,949 in Italy. 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

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

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.

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.

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.

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.

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.