Grand Turk, the capital of the Turks and Caicos Islands, is a picturesque destination known for its stunning beaches and vibrant culture. Understanding the cost of living here is crucial for anyone considering a move or extended stay.

This guide provides a detailed breakdown of expenses in Grand Turk, covering essential categories such as dining, groceries, transportation, housing, and utilities.

Cost of Living Summary

Dining and Restaurants

  • Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average.
  • Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $15.
  • Domestic Beer (0.5 liter draught) - Domestic beer is priced at $12.
  • Imported Beer (0.33 liter bottle) - Imported beer costs around $15.
  • Coke/Pepsi (0.33 liter bottle) - A bottle of Coke or Pepsi is priced at $2.
  • Water (0.33 liter bottle) - A small bottle of water costs between $1 and $4, averaging $2.5.

Grocery Prices

  • Milk - Milk is priced at $6 per liter.
  • Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $3.75 and $4, averaging $3.88.
  • Water (1.5 liter bottle) - A 1.5-liter bottle of water costs $1.67.
  • Lettuce (1 head) - A head of lettuce is priced at $4.5.
  • Tomato (1kg) - Tomatoes cost $6.61 per kg.

Transportation

  • Fuel (Gasoline) - Gasoline is priced at $1.98 per liter.

Housing Costs

  • 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $750.
  • 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $650.
  • 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre averages $1500.
  • 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1200.

Utilities

  • Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost $200 on average.
  • Internet - Internet services average $88.

Cost of Living Data

The following pricing data has been gathered from 6 user contributions, as of the most recent update in February, 2024.
Restaurants
Avg / Range
Meal, Inexpensive Restaurant
$20.00
McMeal at McDonalds (or Equivalent Combo Meal)
$15.00
Domestic Beer (0.5 liter draught)
$12.00
Imported Beer (0.33 liter bottle)
$15.00
Coke/Pepsi (0.33 liter bottle)
$2.00
Water (0.33 liter bottle)
$2.50
Markets
Avg / Range
Milk (regular), (1 liter)
$6.00
Loaf of Fresh White Bread (500g)
$3.88
Water (1.5 liter bottle)
$1.67
Lettuce (1 head)
$4.50
Tomato (1kg)
$6.61
Transportation
Avg / Range
Gasoline (1 liter)
$1.98
Rent Per Month
Avg / Range
Apartment (1 bedroom) in City Centre
$750.00
Apartment (1 bedroom) Outside of Centre
$650.00
Apartment (3 bedrooms) in City Centre
$1,500.00
Apartment (3 bedrooms) Outside of Centre
$1,200.00
Utilities (Monthly)
Avg / Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$200.00
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$88.00
Salaries And Financing
Avg / Range
Average Monthly Net Salary (After Tax)
$6,833.33
Childcare
Avg / Range
International Primary School, Yearly for 1 Child
$3,000.00
Grand Turk Cost of Living

"Key Takeaways"

Grand Turk offers a relatively high cost of living, particularly in terms of groceries and dining out. Housing costs are moderate compared to other island destinations.

Transportation costs are primarily driven by fuel prices, which are significant. Utilities and internet services are also notable expenses.

For those planning to move to Grand Turk, budgeting for higher grocery and dining expenses is advisable.

Conclusion

In conclusion, Grand Turk presents a unique blend of island charm and modern living expenses. While the cost of living is higher in certain areas like groceries and dining, housing remains relatively affordable.

Prospective residents should consider these factors when planning their move, ensuring they account for the higher costs associated with living on an island.