Cost of Living: Turks And Caicos Islands vs Singapore

Detailed comparison of living costs and expenses between Turks And Caicos Islands and Singapore.

Data updated: September 2026

Quick Comparison Summary

In simple terms, living in Turks And Caicos Islands is 40.0% cheaper than Singapore. The biggest difference is in Mobile and Internet, where costs are 232.8% higher. This means that for every $100 you spend in Singapore, you would spend about $60 in Turks And Caicos Islands for the same standard of living.

Key Differences

Property Prices 85.6%

Turks And Caicos Islands is 85.6% cheaper

Childcare 72.6%

Turks And Caicos Islands is 72.6% cheaper

Other Expenses 46.4%

Turks And Caicos Islands is 46.4% cheaper

Cost of Living Index

Overall Difference 40.0%

Turks And Caicos Islands is 40.0% cheaper than Singapore

Most Expensive Categories

  • Mobile and Internet +232.8%
  • Household Utilities +110.7%
  • Restaurants +66.1%

Is Turks And Caicos Islands cheaper than Singapore?

Yes, Turks And Caicos Islands is cheaper than Singapore

Overall, living costs in Turks And Caicos Islands are 40.0% lower than in Singapore.

Where Turks And Caicos Islands is cheaper:

  • Property Prices 85.6% cheaper
  • Childcare 72.6% cheaper
  • Other Expenses 46.4% cheaper

Where Turks And Caicos Islands is more expensive:

  • Mobile and Internet 232.8% more expensive
  • Household Utilities 110.7% more expensive
  • Restaurants 66.1% more expensive

Practical Examples

Basic restaurant meal

Turks And Caicos Islands: 20.00 $ Singapore: 10.90 $
83.5% more expensive in Turks And Caicos Islands

1-bedroom apartment in city center

Turks And Caicos Islands: 1,575.00 $ Singapore: 3,140.74 $
49.9% cheaper in Turks And Caicos Islands

1 liter of milk

Turks And Caicos Islands: 5.53 $ Singapore: 3.01 $
83.7% more expensive in Turks And Caicos Islands

Summary

Based on comprehensive cost of living data, Turks And Caicos Islands is indeed cheaper than Singapore. You would save approximately 40.0% on living expenses by choosing Turks And Caicos Islands over Singapore. This includes all major expense categories such as housing, food, transportation, and utilities.

Overall Cost of Living Comparison

40.0%

Turks And Caicos Islands is 40.0% cheaper than Singapore

Restaurants

66.1%

Turks And Caicos Islands is 66.1% more expensive than Singapore in this category

Markets

17.1%

Turks And Caicos Islands is 17.1% more expensive than Singapore in this category

Other Expenses

46.4%

Turks And Caicos Islands is 46.4% cheaper than Singapore in this category

Transportation

11.7%

Turks And Caicos Islands is 11.7% cheaper than Singapore in this category

Household Utilities

110.7%

Turks And Caicos Islands is 110.7% more expensive than Singapore in this category

Mobile and Internet

232.8%

Turks And Caicos Islands is 232.8% more expensive than Singapore in this category

Sports And Leisure

13.6%

Turks And Caicos Islands is 13.6% cheaper than Singapore in this category

Childcare

72.6%

Turks And Caicos Islands is 72.6% cheaper than Singapore in this category

Clothing And Shoes

9.7%

Turks And Caicos Islands is 9.7% more expensive than Singapore in this category

Rent Per Month

45.3%

Turks And Caicos Islands is 45.3% cheaper than Singapore in this category

Property Prices

85.6%

Turks And Caicos Islands is 85.6% cheaper than Singapore in this category

Salaries And Financing

13.4%

Turks And Caicos Islands is 13.4% more expensive than Singapore in this category

Detailed Cost Comparison

Item Turks And Caicos Islands Singapore Difference
Basic Restaurant Meal 20.00 $ 10.90 $ 83.5%
Turks And Caicos Islands is 83.5% more expensive
Three-Course Dinner for Two in Mid Range Restaurant 120.00 $ 77.88 $ 54.1%
Turks And Caicos Islands is 54.1% more expensive
McDonald's Fast Food Combo Meal 10.00 $ 7.79 $ 28.4%
Turks And Caicos Islands is 28.4% more expensive
Regular Cappuccino 5.50 $ 4.88 $ 12.7%
Turks And Caicos Islands is 12.7% more expensive
Soft Drink (330ml) 2.67 $ 1.68 $ 58.9%
Turks And Caicos Islands is 58.9% more expensive
Bottled Water (330ml) 2.67 $ 1.22 $ 118.9%
Turks And Caicos Islands is 118.9% more expensive
Bottled Water (1.5L) 2.06 $ 1.52 $ 35.5%
Turks And Caicos Islands is 35.5% more expensive
Local Beer (500ml) 3.41 $ 2.00 $ 70.5%
Turks And Caicos Islands is 70.5% more expensive
Imported Beer (330ml) 1.44 $ 2.49 $ 42.2%
Turks And Caicos Islands is 42.2% cheaper
Mid-Range Wine 33.58 $ 10.00 $ 235.8%
Turks And Caicos Islands is 235.8% more expensive
Local Beer (500ml bottle) 2.28 $ 2.21 $ 3.2%
Turks And Caicos Islands is 3.2% more expensive
Milk (1L) 5.53 $ 3.01 $ 83.7%
Turks And Caicos Islands is 83.7% more expensive
Fresh Bread (500g) 3.92 $ 2.35 $ 66.8%
Turks And Caicos Islands is 66.8% more expensive
White Rice (1kg) ? 2.92 $ N/A
Eggs (12 pack) 4.00 $ 3.35 $ 19.4%
Turks And Caicos Islands is 19.4% more expensive
Local Cheese (1kg) 26.46 $ 19.37 $ 36.6%
Turks And Caicos Islands is 36.6% more expensive
Chicken Breast (1kg) 15.00 $ 11.15 $ 34.5%
Turks And Caicos Islands is 34.5% more expensive
Beef (1kg) 4.16 $ 15.21 $ 72.6%
Turks And Caicos Islands is 72.6% cheaper
Apples (1kg) 4.00 $ 4.57 $ 12.5%
Turks And Caicos Islands is 12.5% cheaper
Bananas (1kg) 2.60 $ 2.97 $ 12.5%
Turks And Caicos Islands is 12.5% cheaper
Oranges (1kg) ? 4.51 $ N/A
Tomatoes (1kg) 6.61 $ 2.71 $ 143.9%
Turks And Caicos Islands is 143.9% more expensive
Potatoes (1kg) ? 2.39 $ N/A
Onions (1kg) 2.00 $ 2.20 $ 9.1%
Turks And Caicos Islands is 9.1% cheaper
Lettuce (1 head) 6.25 $ 1.86 $ 236.0%
Turks And Caicos Islands is 236.0% more expensive
Monthly Transit Pass ? 93.46 $ N/A
Cigarettes (20 pack) 7.00 $ 13.05 $ 46.4%
Turks And Caicos Islands is 46.4% cheaper
Single Bus/Train Ticket ? 1.56 $ N/A
Taxi Base Fare 3.00 $ 3.58 $ 16.2%
Turks And Caicos Islands is 16.2% cheaper
Taxi per Kilometer ? 0.78 $ N/A
Taxi Waiting Hourly Rate ? 16.28 $ N/A
Gasoline (1L) 2.12 $ 2.22 $ 4.5%
Turks And Caicos Islands is 4.5% cheaper
New Economy Car ? 140,192.38 $ N/A
New Mid-Range Car ? 128,887.54 $ N/A
Monthly Utilities (80m² size) 333.33 $ 158.22 $ 110.7%
Turks And Caicos Islands is 110.7% more expensive
10 GB Mobile Plan with Data 46.00 $ 18.54 $ 148.1%
Turks And Caicos Islands is 148.1% more expensive
High-Speed Internet (> 60 Mbps) 142.00 $ 37.95 $ 274.2%
Turks And Caicos Islands is 274.2% more expensive
Gym Membership 100.00 $ 115.77 $ 13.6%
Turks And Caicos Islands is 13.6% cheaper
Tennis Court (Weekend) ? 12.22 $ N/A
Movie Ticket ? 11.68 $ N/A
Private Preschool (Full Day) 500.00 $ 1,272.43 $ 60.7%
Turks And Caicos Islands is 60.7% cheaper
International School (Yearly) 8,000.00 $ 29,780.50 $ 73.1%
Turks And Caicos Islands is 73.1% cheaper
1 Pair of Jeans 80.00 $ 80.91 $ 1.1%
Turks And Caicos Islands is 1.1% cheaper
1 Summer Dress 60.00 $ 42.93 $ 39.8%
Turks And Caicos Islands is 39.8% more expensive
1 Pair of Running Shoes 150.00 $ 105.33 $ 42.4%
Turks And Caicos Islands is 42.4% more expensive
1 Pair of Business Shoes 100.00 $ 126.28 $ 20.8%
Turks And Caicos Islands is 20.8% cheaper
1-Bedroom Apartment (City Center) 1,575.00 $ 3,140.74 $ 49.9%
Turks And Caicos Islands is 49.9% cheaper
1-Bedroom Apartment (Suburbs) 1,250.00 $ 2,267.71 $ 44.9%
Turks And Caicos Islands is 44.9% cheaper
3-Bedroom Apartment (City Center) 3,000.00 $ 6,205.41 $ 51.7%
Turks And Caicos Islands is 51.7% cheaper
3-Bedroom Apartment (Suburbs) 2,566.67 $ 3,723.55 $ 31.1%
Turks And Caicos Islands is 31.1% cheaper
Apartment Price (City Center) per m² ? 22,697.92 $ N/A
Apartment Price (Suburbs) per m² 2,163.55 $ 15,076.91 $ 85.6%
Turks And Caicos Islands is 85.6% cheaper
Average Monthly Salary (after tax) 4,704.17 $ 4,151.48 $ 13.3%
Turks And Caicos Islands is 13.3% more expensive
20-Year Fixed Mortgage Rate 7.00 3.17 120.8%
Turks And Caicos Islands is 120.8% more expensive

Cost of Living Calculator

Calculate how your current expenses would change if you moved to Singapore. Enter your monthly expenses in Turks And Caicos Islands to see the equivalent costs.

Housing

Food & Dining

Transportation

Other Expenses

Our Methodology

Our cost of living comparisons are based on a robust methodology that combines multiple data sources and regular updates to ensure accuracy:

Data Collection

  • Regular price surveys conducted in major cities
  • Official government statistics and economic indicators
  • User-contributed data from expatriates and local residents
  • Real estate market reports and rental price indices
  • Consumer price indices and inflation data

Calculation Methods

  • Prices are normalized to USD for consistent comparison
  • Exchange rates are updated monthly
  • Regional price variations are weighted by population
  • Seasonal fluctuations are accounted for in the averages
  • Quality of life factors are considered in the overall assessment

Quality Assurance

  • Data is verified by local experts
  • Regular cross-checking with multiple sources
  • User feedback is incorporated into updates
  • Statistical outliers are identified and reviewed
  • Methodology is reviewed quarterly

Note: While we strive for accuracy, cost of living data can vary significantly within countries and cities. These comparisons should be used as a general guide, and we recommend conducting additional research for specific locations.

Lifestyle Impact

Understanding the cost of living differences between Turks And Caicos Islands and Singapore goes beyond just numbers. Here's how these differences might affect your daily life:

Daily Living

  • Grocery shopping habits and meal planning
  • Public transportation usage vs. car ownership
  • Frequency of dining out and entertainment
  • Healthcare access and insurance coverage
  • Housing choices and neighborhood selection

Long-term Planning

  • Savings and investment strategies
  • Retirement planning considerations
  • Education costs for children
  • Property ownership opportunities
  • Business and career development

Quality of Life Considerations

While cost of living is important, it's just one aspect of quality of life. Consider also:

  • Healthcare system quality and accessibility
  • Education system standards
  • Public safety and security
  • Environmental quality
  • Cultural and recreational opportunities
  • Work-life balance norms

Making the Most of Your Budget

Tips for adapting to cost of living differences:

  • Research local shopping habits and markets
  • Learn about public transportation options
  • Understand local tax systems and benefits
  • Explore community resources and discounts
  • Network with locals for insider tips

Local Insights for Turks And Caicos Islands vs Singapore

While both countries have similar overall costs, there are nuanced differences in how money is spent on daily necessities.

Cultural Cost Differences

Turks And Caicos Islands

  • Basic groceries tend to be more expensive, suggesting different shopping patterns.

Singapore

  • Lower fuel costs indicate different transportation infrastructure.

Seasonal Cost Variations

Both countries experience moderate seasonal variations in living costs, with prices typically higher during peak tourist seasons and major holidays.

Explore more

Cost of living in Turks And Caicos Islands Cost of living in Singapore

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