Cost of living comparison

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

Iceland is 0.0% cheaper than Turks and Caicos Islands overall.

Restaurants
pay 8.7% more in Iceland
Groceries
pay 19.5% less in Iceland
Transportation
pay 6.4% more in Iceland
Housing
pay 3.5% more in Iceland
Childcare
pay 36.8% less in Iceland
Entertainment and Sports
pay 7.2% more in Iceland
Clothing
pay 30.4% more in Iceland

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

Iceland vs. Turks and Caicos Islands Cost Breakdown

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

pay 8.7% more for restaurants

 
Turks and Caicos Islands
Iceland
Basic meal with drink at inexpensive restaurant $20.00
 
$19.40
ISK2,407
Fast food combo meal
McDonalds, or similar
$12.50
 
$16.94
ISK2,102
Bottle of Coca-Cola (11 fl. oz) $2.50
 
$2.81
ISK349

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pay 19.5% less for groceries

 
Turks and Caicos Islands
Iceland
Bread
1 loaf
$3.94
 
$2.95
ISK367
Local cheese (8 oz) $13.23
 
$7.27
ISK902
Milk (1 gallon) $19.94
 
$6.01
ISK745

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pay 6.4% more for transportation

 
Turks and Caicos Islands
Iceland
Gasoline (1 gallon) $7.86
 
$8.36
ISK1,038
Monthly public transit pass ?? $71.28
ISK8,846
New Volkswagen Golf 1.4 (standard edition) ?? $40,660.66
ISK5,045,988

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pay 3.5% more for housing

 
Turks and Caicos Islands
Iceland
Internet connection
50 mbps or faster, cable/dsl
$106.50
 
$72.17
ISK8,957
1-Bedroom apartment in downtown area $1,125.00
 
$1,838.04
ISK228,101
1-Bedroom apartment outside city center $950.00
 
$1,497.77
ISK185,873

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pay 36.8% less for childcare

 
Turks and Caicos Islands
Iceland
Private preschool for 1 child, monthly $500.00
 
$258.16
ISK32,038
Middle school for 1 child, two semesters $8,000.00
 
$5,993.99
ISK743,855

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pay 7.2% more for entertainment and sports

 
Turks and Caicos Islands
Iceland
Domestic/local beer (1 pint) $8.00
 
$9.19
ISK1,140
Cappuccino in mid-range area $5.50
 
$4.65
ISK577
Pack of cigarettes
Marlboro or similar
$7.00
 
$11.76
ISK1,459

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pay 30.4% more for clothing

 
Turks and Caicos Islands
Iceland
Regular jeans
Levi's brand
$80.00
 
$111.23
ISK13,804
Regular dress
from H&M or similar store
$60.00
 
$59.69
ISK7,407
Running shoes
Nike or Adidas
$150.00
 
$148.00
ISK18,367

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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: June 2025
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