Last update: Oct 2026

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

Name: Spain
Address: ES

For one person, living is cheaper in Spain: $1,760 a month against $3,522 in the Turks and Caicos Islands, rent and utilities included – about $21,100 less a year. Rent and utilities account for most of the difference.

92.28

Cost of Living Index in the Turks and Caicos Islands
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Turks and Caicos Islands Living Index
85

Cost of Living Index in Spain
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Spain Living Index

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🇹🇨 Turks and Caicos Islands

$3,522

/mo nomad

🇪🇸 Spain

$1,760

/mo nomad

Monthly Cost of Living

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

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 Spain 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 $1,760 in Spain.

Turks and Caicos Islands $3,522
Spain $1,760

Estimated couple costs with rent: $6,038 in the Turks and Caicos Islands versus $2,581 in Spain.

Turks and Caicos Islands $6,038
Spain $2,581

Monthly costs for a family of three with rent: $8,554 in the Turks and Caicos Islands versus $3,402 in Spain.

Turks and Caicos Islands $8,554
Spain $3,402

Living in the Turks and Caicos Islands is roughly 100% more expensive than in Spain on average.

Both countries sit above the global median: the Turks and Caicos Islands 160% above, Spain 30% above.

Meal at Budget Restaurant

$18.70 $18.70

$16.72 €14.87

11.84%

Three-Course Dinner for Two, Mid-Range

$120 $120

$56.0 €49.76

114.58%

Fast Food Meal (McDonalds, etc)

$11.19 $11.19

$11.13 €9.90

0.54%

Cappuccino

$6.07 $6.07

$2.43 €2.17

149.79%

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

$2.98 $2.98

$2.63 €2.34

13.31%

Water (0.33 liter bottle)

$2.80 $2.80

$1.81 €1.61

54.70%

Local Beer (0.5 liter draught)

$4.93 $4.93

$3.40 €3.03

45.00%

Imported Beer (0.33 liter bottle)

$6.94 $6.94

$3.82 €3.39

81.68%

Milk (1 liter)

$4.80 $4.80

$1.17 €1.04

310.26%

White Bread (500g)

$4.74 $4.74

$1.50 €1.33

216.00%

Rice (white) (1kg)

$5.12 $5.12

$1.60 €1.43

220.00%

Eggs

$3.33 €2.96

Local Cheese (1kg)

$14.41 €12.82

Chicken Fillets (1kg)

$20.03 $20.03

$8.33 €7.41

140.46%

Beef Round Steak (1kg)

$17.95 $17.95

$16.30 €14.50

10.12%

Apples (1kg)

$4.10 $4.10

$2.57 €2.29

59.53%

Banana (1kg)

$2.36 $2.36

$2.04 €1.82

15.69%

Oranges (1kg)

$2.52 $2.52

$2.04 €1.82

23.53%

Tomato (1kg)

$6.76 $6.76

$2.55 €2.27

165.10%

Potato (1kg)

$1.83 €1.63

Onion (1kg)

$2.05 $2.05

$2.03 €1.80

0.99%

Lettuce (1 head)

$1.36 €1.21

Water (1.5 liter bottle)

$3.59 $3.59

$0.74 €0.66

385.14%

Cigarettes 20 Pack (Marlboro, Camel)

$6.35 €5.65

Wine (Bottle)

$19.84 $19.84

$5.52 €4.91

259.42%

Local Beer (0.5 liter bottle)

$1.31 €1.17

Imported Beer (0.33 liter bottle)

$2.02 €1.80

One-way Ticket (Public Transport)

$1.71 €1.52

Public Transport Monthly Pass (Regular Price)

$33.15 €29.49

Taxi Start (Normal Tariff)

$3.01 $3.01

$4.52 €4.02

-33.41%

Taxi (Normal Tariff) (1km)

$1.50 €1.34

Taxi 1hour Waiting (Normal Tariff)

$24.43 €21.73

Gasoline (1 liter)

$1.98 $1.98

$1.79 €1.59

10.61%

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

$35.9K €32.0K

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

$31.2K €27.7K

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

$406 $406

$150 €133

170.96%

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

$68.4 $68.4

$17.57 €15.62

289.30%

Internet (50+ Mbps, Unlimited Data)

$140 $140

$31.32 €27.86

347.73%

Gym Membership (Monthly)

$99.2 $99.2

$45.55 €40.52

117.85%

Tennis Court (1 Hour on Weekend)

$15.00 €13.34

Cinema Ticket

$9.47 €8.43

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

$496 $496

$544 €484

-8.79%

International Primary School, 1 Child (Yearly)

$12.8K $12.8K

$10.8K €9,563

19.09%

Jeans (Levis 501 Or Similar)

$81.1 $81.1

$84.1 €74.8

-3.50%

Summer Dress (H&M, Zara, etc)

$59.7 $59.7

$36.90 €32.82

61.84%

Sport Shoes (Adidas, Nike)

$150 $150

$88.5 €78.7

69.70%

Men's Leather Business Shoes

$98.9 $98.9

$104 €92.8

-5.19%

1-bedroom Apartment, City Center (Monthly)

$1,802 $1,802

$1,017 €904

77.20%

1-bedroom Apartment, Outside City Center (Monthly)

$1,876 $1,876

$793 €705

136.64%

3-bedroom Apartment, City Center (Monthly)

$4,805 $4,805

$1,605 €1,428

199.38%

3-bedroom Apartment, Outside City Center (Monthly)

$5,041 $5,041

$1,209 €1,075

317.02%

Buy Apartment in City Center (m2)

$4,093 €3,640

Buy Apartment Outside City Center (m2)

$2,133 $2,133

$2,581 €2,296

-17.33%

Average Monthly Net Salary (After Tax)

$4,334 $4,334

$2,001 €1,780

116.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.3

112.12%

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 Spain: October 20, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Turks and Caicos Islands

$1.9K 53.3%

Spain

$793 45% 57.7% $1.1K

Monthly Utilities & Internet

Turks and Caicos Islands

$615 17.5%

Spain

$199 11.3% 67.7% $416

Groceries & Markets

Turks and Caicos Islands

$435 * 12.4%

Spain

$272 15.4% 37.6% $164

Eating Out

Turks and Caicos Islands

$318 9%

Spain

$239 13.6% 24.8% $79

Clothing & Footwear

Turks and Caicos Islands

$175 5%

Spain

$141 8% 19.5% $34

Sport & Entertainment

Turks and Caicos Islands

$99 * 2.8%

Spain

$65 3.7% 35% $35

Getting Around

Turks and Caicos Islands

$3 * 0.1%

Spain

$52 3% 1628% $49

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, $1,977 in Spain. Higher pay doesn't always mean more spending money – weigh income against local costs.

Cost Highlights

Rent is 103% higher in Spain.

Dining out costs 84% more in Spain.

Salaries are 164% 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

🇪🇸 Spain

🕒 Local time

00:40 12:40 AM

06:40 6:40 AM

6 h ahead of the Turks and Caicos Islands

🌤 Weather

👥 Population

44,542

47,415,750

💱 Currency

United States Dollar USD $

Euro EUR €

📈 Exchange rate

1 USD = 0.89 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

On the map

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Between locations

Turks and Caicos Islands Spain 6,600 km ≈ 9 h nonstop flight

From you

Turks and Caicos Islands
Spain

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 Spain: Cost of Living - Frequently Asked Questions

At $1,760 per month in Spain and $3,522 in the Turks and Caicos Islands, there's a 100% gap. Keep in mind it varies by city – the difference can be bigger or smaller depending on where you settle within each country.

Overall, Spain 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 Spain, $3,000 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: Spain 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.