Cost of living comparison

compared to

Keflavik vs. Ankara Cost of Living Summary

Keflavik is 2.8 times more expensive than Ankara.

Restaurants
pay 3.6 times more in Keflavik
Groceries
pay 3.1 times more in Keflavik
Transportation
pay 4.0 times more in Keflavik
Housing
pay 3.1 times more in Keflavik
Childcare
pay 36.1% more in Keflavik
Entertainment and Sports
pay 2.8 times more in Keflavik
Clothing
pay 92.8% more in Keflavik

The cost of transportation, restaurants, groceries, housing, entertainment and sports, and clothing in Keflavik are more expensive than in Ankara. Notably, transportation, restaurants, and groceries are significantly more expensive in Keflavik.

Keflavik vs. Ankara Cost Breakdown

If you lived in Keflavik instead of Ankara, you would:

pay 3.6 times more for restaurants

 
Ankara
Keflavik
Basic meal with drink at inexpensive restaurant $9.62
TRY410.93
$24.61
ISK3,110
Fast food combo meal
McDonalds, or similar
$8.42
TRY359.56
$20.51
ISK2,592
Bottle of Coca-Cola (11 fl. oz) $1.21
TRY51.59
$3.28
ISK415

Improve prices ·

pay 3.1 times more for groceries

 
Ankara
Keflavik
Bread
1 loaf
$0.69
TRY29.48
$4.63
ISK586
Local cheese (8 oz) $4.81
TRY205.38
$9.44
ISK1,193
Milk (1 gallon) $3.67
TRY156.66
$7.63
ISK964

Improve prices ·

pay 4.0 times more for transportation

 
Ankara
Keflavik
Gasoline (1 gallon) $4.41
TRY188.30
$9.66
ISK1,221
Monthly public transit pass $9.02
TRY385.24
$76.28
ISK9,642
New Volkswagen Golf 1.4 (standard edition) $48,122.27
TRY2,054,633.12
$50,771.00
ISK6,417,454

Improve prices ·

pay 3.1 times more for housing

 
Ankara
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$13.72
TRY586.00
$81.97
ISK10,361
1-Bedroom apartment in downtown area $717.46
TRY30,632.71
$1,886.48
ISK238,451
1-Bedroom apartment outside city center $512.73
TRY21,891.63
$1,353.35
ISK171,063

Improve prices ·

pay 36.1% more for childcare

 
Ankara
Keflavik
Private preschool for 1 child, monthly $600.60
TRY25,643.40
$327.78
ISK41,431
Middle school for 1 child, two semesters $14,110.57
TRY602,466.26
$30,711.08
ISK3,881,881

Improve prices ·

pay 2.8 times more for entertainment and sports

 
Ankara
Keflavik
Domestic/local beer (1 pint) $3.61
TRY154.10
$8.20
ISK1,037
Cappuccino in mid-range area $3.22
TRY137.60
$4.10
ISK518
Pack of cigarettes
Marlboro or similar
$2.17
TRY92.46
$13.94
ISK1,761

Improve prices ·

pay 92.8% more for clothing

 
Ankara
Keflavik
Regular jeans
Levi's brand
$57.32
TRY2,447.41
$145.10
ISK18,340
Regular dress
from H&M or similar store
$45.55
TRY1,944.87
$63.97
ISK8,086
Running shoes
Nike or Adidas
$104.18
TRY4,448.28
$185.91
ISK23,500

Improve prices ·
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: December 2025
Share this

Compare countries by overall cost of living

See the cost of living in Turkey vs. Iceland. This provides a comparison of the average cost of living from cities within Turkey and Iceland.

Help us improve these prices

MyLifeElsewhere is a collaborative project. Please enter price information for your location to help assist us in making these comparisons more accurate. Learn more

ASK THE ELSEWHERE COMMUNITY

Join the Elsewhere community and ask a question about Keflavik or Ankara. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.