Cost of living in Turks and Caicos Islands
131.7 with the United States at 100
Prices in Turks and Caicos Islands are 32% dearer than the United States, and it ranks 5th of 204 countries by price level (dearest first). Figures are for 2021.
Against New Zealand it is 48% dearer.
Compared with its region
Turks and Caicos Islands against the Latin America & Caribbean countries closest to it on price level.
- Turks and Caicos Islands 131.7
- Barbados 131.9
- Cayman Islands 140.1
- Bahamas, The 110.7
- Haiti 102.2
- Virgin Islands (U.S.) 101.0
- Puerto Rico (US) 89.7
- Sint Maarten (Dutch part) 85.9
- Aruba 84.5
SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026
What is dear and what is cheap
No category breakdown is published for Turks and Caicos Islands. Eurostat's category price levels cover Europe and a handful of others; Turks and Caicos Islands is outside that programme, so this site has a national figure and no basket detail. Rather than borrow a plausible number from a neighbour, the gap is left where it is.
What this figure is, and is not
- It is an index, not a price. 131.7 means the general level of consumer prices, with the US at 100. It is not a shopping bill and this site never quotes one.
- It is national, not city. Grand Turk is almost certainly dearer than this. National averages cannot answer a city question.
- It is not your budget. What you actually spend depends on rent, transport and habits far more than on the national average.
How the price level is worked out
- The World Bank publishes a purchasing power parity for household consumption — how much local currency buys the same basket as one US dollar — and the official market exchange rate for the same year.
- The price level is simply PPP ÷ exchange rate × 100. If a basket needs 1.50 New Zealand dollars per US dollar of purchasing power but the market hands you 1.65 New Zealand dollars for that dollar, New Zealand's prices sit at 1.50 ÷ 1.65 = 91% of the US level.
- Nothing is modelled, smoothed or estimated. You can reproduce every number on this site from two public figures.
- Where Eurostat also publishes a price level for the same country and year, the two are compared and the gap is printed — including when they disagree.
SOURCE·World Bank — International Comparison Program·PPP conversion factor for household final consumption, and the official market exchange rate. CC BY 4.0.·REVIEWED AUG 2026
SOURCE·World Bank ICP PPPs + Eurostat price level indices·price levels derived as PPP ÷ exchange rate, see method·REVIEWED AUG 2026