Cost of living comparison

 Iceland
compared to
 Turks and Caicos Islands
Turks and Caicos Islands vs. Iceland Cost of Living Summary

Turks and Caicos Islands is 24.0% more expensive than Iceland overall.

Restaurants
pay 5.7% less in Turks and Caicos Islands
Groceries
pay 60.2% more in Turks and Caicos Islands
Transportation
pay 6.0% less in Turks and Caicos Islands
Housing
pay 66.9% more in Turks and Caicos Islands
Childcare
pay 63.6% more in Turks and Caicos Islands
Entertainment and Sports
pay 6.9% more in Turks and Caicos Islands
Clothing
pay 18.0% less in Turks and Caicos Islands

The cost of housing, childcare, groceries, and entertainment and sports in Turks and Caicos Islands are more expensive than in Iceland. Expenses including clothing, transportation, and restaurants are lower in Turks and Caicos Islands.

Turks and Caicos Islands vs. Iceland Cost Breakdown

If you lived in Turks and Caicos Islands instead of Iceland, you would:

pay 5.7% less for restaurants

 
Iceland
Turks and Caicos Islands
Basic meal with drink at inexpensive restaurant $19.40
ISK2,552
$20.00
 
Fast food combo meal
McDonalds, or similar
$16.94
ISK2,229
$12.50
 
Bottle of Coca-Cola (11 fl. oz) $2.81
ISK370
$2.50
 

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pay 60.2% more for groceries

 
Iceland
Turks and Caicos Islands
Bread
1 loaf
$2.95
ISK389
$3.94
 
Local cheese (8 oz) $7.27
ISK956
$13.23
 
Milk (1 gallon) $6.01
ISK790
$19.94
 

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pay 6.0% less for transportation

 
Iceland
Turks and Caicos Islands
Gasoline (1 gallon) $8.36
ISK1,100
$7.86
 
Monthly public transit pass $71.28
ISK9,379
??
New Volkswagen Golf 1.4 (standard edition) $40,660.66
ISK5,350,130
??

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pay 66.9% more for housing

 
Iceland
Turks and Caicos Islands
Internet connection
50 mbps or faster, cable/dsl
$72.17
ISK9,497
$106.50
 
1-Bedroom apartment in downtown area $1,838.04
ISK241,849
$1,125.00
 
1-Bedroom apartment outside city center $1,497.77
ISK197,077
$950.00
 

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pay 63.6% more for childcare

 
Iceland
Turks and Caicos Islands
Private preschool for 1 child, monthly $258.16
ISK33,969
$500.00
 
Middle school for 1 child, two semesters $5,993.99
ISK788,690
$8,000.00
 

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pay 6.9% more for entertainment and sports

 
Iceland
Turks and Caicos Islands
Domestic/local beer (1 pint) $9.19
ISK1,209
$8.00
 
Cappuccino in mid-range area $4.65
ISK612
$5.50
 
Pack of cigarettes
Marlboro or similar
$11.76
ISK1,547
$7.00
 

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pay 18.0% less for clothing

 
Iceland
Turks and Caicos Islands
Regular jeans
Levi's brand
$111.23
ISK14,636
$80.00
 
Regular dress
from H&M or similar store
$59.69
ISK7,854
$60.00
 
Running shoes
Nike or Adidas
$148.00
ISK19,474
$150.00
 

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: March 2025
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