🇹🇨 Cost of Living: Turks and Caicos vs Haiti — Price Comparison
Last updated: February 2026
Verified Facts
Official NameTurks and Caicos Islands
CapitalCockburn Town
Population50,828
Area948.0 km²
LanguagesEnglish
CurrencyUnited States dollar ($)
TimezoneUTC-04:00
RegionAmericas / Caribbean
Drives onLeft
Source: REST Countries API
Economic Indicators
GDP per Capita (PPP)$37,954 (2024)
Education Spend (% GDP)3.0% (2024)
Source: World Bank Open Data
Haiti is generally cheaper than Turks and Caicos, with an overall cost of living difference of around 50-60%.
Quick Facts
Turks and Caicos GDP per Capita (PPP)29,100
Haiti GDP per Capita (PPP)1,800
Turks and Caicos Inflation Rate3.7
Haiti Inflation Rate15.3
Overall Winner (Cheaper)Haiti
Overview: Turks and Caicos vs Haiti
Turks and Caicos and Haiti are two neighboring countries in the Caribbean with vastly different economic contexts. Turks and Caicos is a British Overseas Territory with a high-income economy, driven by tourism and financial services, while Haiti is one of the poorest countries in the Western Hemisphere, with a largely informal economy. The cost of living in Turks and Caicos is significantly higher than in Haiti, with prices for housing, food, and transportation being substantially greater. On the other hand, Haiti's economy is characterized by high inflation and a lack of infrastructure, which can make everyday life more challenging.
The cost of living difference between the two countries is substantial, with Haiti being around 50-60% cheaper than Turks and Caicos. This is reflected in the prices of everyday items, such as housing, food, and transportation. However, it's worth noting that the quality of life and standard of living in Turks and Caicos are generally higher than in Haiti, with better infrastructure, healthcare, and education systems. Expats and tourists often prefer Turks and Caicos for its beautiful beaches, clear waters, and modern amenities, while Haiti is often chosen for its rich culture, stunning natural beauty, and lower costs.
Rent & Housing Comparison
Item
Turks and Caicos (USD)
Haiti (USD)
Difference
1BR Apartment (City Center)
1,800
400
78% cheaper
1BR Apartment (Outside)
1,200
250
79% cheaper
3BR Apartment (City Center)
3,500
800
77% cheaper
Food & Dining Comparison
Item
Turks and Caicos (USD)
Haiti (USD)
Difference
Meal at Restaurant
20
5
75% cheaper
Groceries (monthly)
800
300
62% cheaper
Beer (500ml)
5
2
60% cheaper
Coffee
3
1
67% cheaper
Transport Comparison
Item
Turks and Caicos (USD)
Haiti (USD)
Difference
Monthly Transit Pass
100
20
80% cheaper
Taxi (per km)
2
1
50% cheaper
Fuel (per liter)
1.20
1.00
17% more
Utilities & Internet Comparison
Item
Turks and Caicos (USD)
Haiti (USD)
Difference
Utilities (85 sqm apt)
200
100
50% cheaper
Internet (60 Mbps)
100
50
50% cheaper
Mobile Plan
50
20
60% cheaper
Monthly Budget Comparison
Budget Tier
Turks and Caicos (USD)
Haiti (USD)
Savings
Budget
2,500
1,000
60%
Mid-Range
4,000
1,500
62%
Comfortable
6,000
2,500
58%
Where Each Country Wins
Turks and Caicos is cheaper for:
High-end shopping and luxury goods
Modern healthcare and medical services
International flights and travel connections
High-speed internet and modern telecommunications
Haiti is cheaper for:
Housing and accommodation
Local transportation and fuel
Traditional cuisine and street food
Local handicrafts and souvenirs
Bottom Line
For expats, students, and retirees looking for a more affordable Caribbean lifestyle, Haiti may be the better choice. However, for those who value modern amenities, high-quality healthcare, and a more comfortable standard of living, Turks and Caicos may be worth the extra cost. Families with children may prefer Turks and Caicos for its better education system and more kid-friendly activities, while solo travelers and backpackers may find Haiti's vibrant culture and lower costs more appealing. Ultimately, the choice between Turks and Caicos and Haiti depends on individual priorities and lifestyle preferences.