Cost of living comparison
compared to
Turks and Caicos Islands vs. Madrid Cost of Living Summary
Turks and Caicos Islands is 34.2% more expensive than Madrid.
- Groceries
-
pay 92.2% more in Turks and Caicos Islands
- Transportation
-
pay 11.0% more in Turks and Caicos Islands
- Housing
-
pay 61.6% more in Turks and Caicos Islands
- Childcare
-
pay 32.4% less in Turks and Caicos Islands
- Entertainment and Sports
-
pay 61.3% more in Turks and Caicos Islands
- Clothing
-
pay 11.4% more in Turks and Caicos Islands
The cost of groceries, housing, entertainment and sports, clothing, and transportation in Turks and Caicos Islands are more expensive than in Madrid. Expenses including childcare and restaurants are lower in Turks and Caicos Islands. Notably, groceries is significantly more expensive in Turks and Caicos Islands.
Turks and Caicos Islands vs. Madrid Cost Breakdown
If you lived in Turks and Caicos Islands instead of Madrid, you would:
pay (unknown) more for restaurants
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$18.10
€15.32
|
$20.00
|
|
|
Fast food combo meal
McDonalds, or similar
|
$11.68
€9.88
|
$12.50
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$3.13
€2.65
|
$2.50
|
|
| Bottle of water (11 fl. oz) |
$2.19
€1.85
|
$2.25
|
Madrid vs. Turks and Caicos Islands - Cost of restaurants
pay 92.2% more for groceries
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$1.71
€1.45
|
$3.94
|
|
| Local cheese (8 oz) |
$7.25
€6.13
|
$13.23
|
|
| Milk (1 gallon) |
$4.61
€3.90
|
$19.94
|
|
|
Eggs
1 dozen
|
$3.36
€2.84
|
$4.00
|
|
| Boneless chicken breast (1 lb) |
$4.05
€3.43
|
$6.80
|
|
| Apples (1 lb) |
$1.18
€1.00
|
$1.81
|
|
| Bananas (1 lb) |
$1.02
€0.86
|
$1.18
|
|
| Oranges (1 lb) |
$1.19
€1.01
|
?? | |
| Tomatoes (1 lb) |
$1.26
€1.07
|
$3.00
|
|
| Potatoes (1 lb) |
$0.94
€0.80
|
?? | |
| Onions (1 lb) |
$1.01
€0.85
|
$0.91
|
|
Madrid vs. Turks and Caicos Islands - Cost of groceries
pay 11.0% more for transportation
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$7.08
€5.99
|
$7.86
|
|
| Monthly public transit pass |
$45.84
€38.79
|
?? | |
| New Volkswagen Golf 1.4 (standard edition) |
$38,541.72
€32,612.73
|
?? | |
| Taxi trip in downtown area (5 miles) |
$16.23
€13.74
|
?? | |
Madrid vs. Turks and Caicos Islands - Cost of transportation
pay 61.6% more for housing
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$34.54
€29.22
|
$115.00
|
|
| 1-Bedroom apartment in downtown area |
$1,540.98
€1,303.93
|
$1,225.00
|
|
| 1-Bedroom apartment outside city center |
$1,118.82
€946.71
|
$950.00
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$153.78
€130.13
|
$229.41
|
|
Madrid vs. Turks and Caicos Islands - Cost of housing
pay 32.4% less for childcare
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$673.20
€569.64
|
$500.00
|
|
| Middle school for 1 child, two semesters |
$13,119.76
€11,101.51
|
$8,000.00
|
|
Madrid vs. Turks and Caicos Islands - Cost of childcare
pay 61.3% more for entertainment and sports
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$4.50
€3.80
|
$8.00
|
|
| Cappuccino in mid-range area |
$3.20
€2.71
|
$5.50
|
|
|
Pack of cigarettes
Marlboro or similar
|
$7.01
€5.93
|
$7.00
|
|
| Monthly membership at local gym |
$51.05
€43.20
|
$100.00
|
|
| Movie ticket to theater/cinema |
$11.68
€9.88
|
?? | |
Madrid vs. Turks and Caicos Islands - Cost of entertainment and sports
pay 11.4% more for clothing
|
Madrid
|
Turks and Caicos Islands
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$98.88
€83.67
|
$80.00
|
|
|
Regular dress
from H&M or similar store
|
$41.27
€34.92
|
$60.00
|
|
|
Running shoes
Nike or Adidas
|
$107.49
€90.95
|
$150.00
|
|
| Men's business shoes (leather) |
$125.44
€106.14
|
$100.00
|
|
Madrid vs. Turks and Caicos Islands - Cost of clothing
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 2026
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cost of living in Spain vs. Turks and Caicos Islands.
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