Last update: Oct 2026

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

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.

🇹🇨 Turks and Caicos Islands
$3,522
/mo nomad
🇲🇽 Mexico
$1,262
/mo nomad
Monthly Cost of Living

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

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 Mexico actually costs, broken down by who's living it.

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

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

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

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

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

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

Living in the Turks and Caicos Islands is roughly 179% more expensive than in Mexico on average.

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

Currency
🍽 Eating Out
Turks and Caicos Islands
Mexico
Difference
Meal at Budget Restaurant
$18.70 $18.70
$10.89 MX$201
71.72%
Three-Course Dinner for Two, Mid-Range
$120 $120
$43.66 MX$807
174.99%
Fast Food Meal (McDonalds, etc)
$11.19 $11.19
$9.21 MX$170
21.50%
Cappuccino
$6.07 $6.07
$3.54 MX$65.4
71.47%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$2.98 $2.98
$1.46 MX$27.07
104.11%
Water (0.33 liter bottle)
$2.80 $2.80
$1.01 MX$18.71
177.23%
Local Beer (0.5 liter draught)
$4.93 $4.93
$2.69 MX$49.63
83.27%
Imported Beer (0.33 liter bottle)
$6.94 $6.94
$4.40 MX$81.4
57.73%
🛒 Groceries & Markets
Turks and Caicos Islands
Mexico
Difference
Milk (1 liter)
$4.80 $4.80
$1.59 MX$29.37
201.89%
White Bread (500g)
$4.74 $4.74
$2.71 MX$50.1
74.91%
Rice (white) (1kg)
$5.12 $5.12
$1.75 MX$32.27
192.57%
Eggs
-
$2.44 MX$45.17
-
Local Cheese (1kg)
-
$9.15 MX$169
-
Chicken Fillets (1kg)
$20.03 $20.03
$8.41 MX$155
138.17%
Beef Round Steak (1kg)
$17.95 $17.95
$11.52 MX$213
55.82%
Apples (1kg)
$4.10 $4.10
$2.79 MX$51.5
46.95%
Banana (1kg)
$2.36 $2.36
$1.62 MX$30.00
45.68%
Oranges (1kg)
$2.52 $2.52
$2.06 MX$38.16
22.33%
Tomato (1kg)
$6.76 $6.76
$1.96 MX$36.15
244.90%
Potato (1kg)
-
$1.96 MX$36.22
-
Onion (1kg)
$2.05 $2.05
$1.97 MX$36.49
4.06%
Lettuce (1 head)
-
$1.39 MX$25.61
-
Water (1.5 liter bottle)
$3.59 $3.59
$1.15 MX$21.18
212.17%
Cigarettes 20 Pack (Marlboro, Camel)
-
$4.52 MX$83.5
-
Wine (Bottle)
$19.84 $19.84
$11.01 MX$203
80.20%
Local Beer (0.5 liter bottle)
-
$1.76 MX$32.53
-
Imported Beer (0.33 liter bottle)
-
$3.28 MX$60.5
-
🚌 Getting Around
Turks and Caicos Islands
Mexico
Difference
One-way Ticket (Public Transport)
-
$0.67 MX$12.40
-
Public Transport Monthly Pass (Regular Price)
-
$27.61 MX$510
-
Taxi Start (Normal Tariff)
$3.01 $3.01
$2.68 MX$49.49
12.31%
Taxi (Normal Tariff) (1km)
-
$2.69 MX$49.65
-
Taxi 1hour Waiting (Normal Tariff)
-
$10.83 MX$200
-
Gasoline (1 liter)
$1.98 $1.98
$1.46 MX$27.03
35.62%
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
-
🧾 Monthly Utilities & Internet
Turks and Caicos Islands
Mexico
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$406 $406
$70.0 MX$1,293
480.85%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$68.4 $68.4
$23.69 MX$438
188.73%
Internet (50+ Mbps, Unlimited Data)
$140 $140
$29.33 MX$542
378.11%
🎉 Sport & Entertainment
Turks and Caicos Islands
Mexico
Difference
Gym Membership (Monthly)
$99.2 $99.2
$36.51 MX$675
171.79%
Tennis Court (1 Hour on Weekend)
-
$17.98 MX$332
-
Cinema Ticket
-
$5.35 MX$98.8
-
🧸 Childcare & Education
Turks and Caicos Islands
Mexico
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$496 $496
$257 MX$4,742
93.45%
International Primary School, 1 Child (Yearly)
$12.8K $12.8K
$6,229 MX$115.1K
105.53%
👕👟 Clothing & Footwear
Turks and Caicos Islands
Mexico
Difference
Jeans (Levis 501 Or Similar)
$81.1 $81.1
$55.8 MX$1,032
45.29%
Summer Dress (H&M, Zara, etc)
$59.7 $59.7
$41.25 MX$762
44.78%
Sport Shoes (Adidas, Nike)
$150 $150
$98.9 MX$1,827
51.91%
Men's Leather Business Shoes
$98.9 $98.9
$91.9 MX$1,699
7.58%
🏠 Accommodation & Living
Turks and Caicos Islands
Mexico
Difference
1-bedroom Apartment, City Center (Monthly)
$1,802 $1,802
$706 MX$13.0K
155.22%
1-bedroom Apartment, Outside City Center (Monthly)
$1,876 $1,876
$455 MX$8,405
312.42%
3-bedroom Apartment, City Center (Monthly)
$4,805 $4,805
$1,309 MX$24.2K
267.20%
3-bedroom Apartment, Outside City Center (Monthly)
$5,041 $5,041
$859 MX$15.9K
487.16%
Buy Apartment in City Center (m2)
-
$2,538 MX$46.9K
-
Buy Apartment Outside City Center (m2)
$2,133 $2,133
$1,497 MX$27.7K
42.54%
💵 Salaries & Financials
Turks and Caicos Islands
Mexico
Difference
Average Monthly Net Salary (After Tax)
$4,334 $4,334
$768 MX$14.2K
464.17%
20-Year Fixed Mortgage Interest Rate (Annual %)
7
11.43
-38.76%

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 Mexico: October 18, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Turks and Caicos Islands
$1.9K
Mexico
$455 75.8% $1.4K
Monthly Utilities & Internet
Turks and Caicos Islands
$615
Mexico
$123 80% $492
Groceries & Markets
Turks and Caicos Islands
$435 *
Mexico
$272 37.5% $163
Eating Out
Turks and Caicos Islands
$318
Mexico
$189 40.4% $128
Clothing & Footwear
Turks and Caicos Islands
$175
Mexico
$130 26.2% $46
Sport & Entertainment
Turks and Caicos Islands
$99 *
Mexico
$47 52.4% $52
Getting Around
Turks and Caicos Islands
$3 *
Mexico
$46 1442% $43

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

Cost Breakdown

National salary averages: $5,215 in the Turks and Caicos Islands, $729 in Mexico. 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
🇹🇨 Turks and Caicos Islands
🇲🇽 Mexico
🕒 Local time
23:53 11:53 PM
21:53 9:53 PM
2 h behind the Turks and Caicos Islands
🌤 Weather
👥 Population
44,542
124,777,324
💱 Currency
Exchange rates and currency converter

MXN, 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).

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).

On the map
Between locations
  • Turks and Caicos Islands Mexico 2,920 km ≈ 4 h 15 min nonstop flight
From you
  • Turks and Caicos Islands
  • Mexico

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 Mexico: Cost of Living - Frequently Asked Questions
What is the cost difference between Mexico and the Turks and Caicos Islands?
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.
Does the cost gap hold in every spending category?
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.
Is $2,500 a realistic budget in Mexico or in the Turks and Caicos Islands?
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.
Should I move to Mexico or to the Turks and Caicos Islands?
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.

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

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