Cost of living comparison
Turkey is 44.2% cheaper than Iceland overall.
- Restaurants
-
pay 65.2% less in Turkey
- Groceries
-
pay 60.5% less in Turkey
- Transportation
-
pay 45.4% less in Turkey
- Housing
-
pay 65.3% less in Turkey
- Childcare
-
pay 36.6% more in Turkey
- Entertainment and Sports
-
pay 61.0% less in Turkey
- Clothing
-
pay 48.3% less in Turkey
Expenses including housing, restaurants, entertainment and sports, groceries, clothing, and transportation are lower in Turkey.
If you lived in Turkey instead of Iceland, you would:
pay 65.2% less for restaurants
Iceland
|
Turkey
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.40
ISK2,748
|
$6.91
TRY244.85
|
|
Fast food combo meal
McDonalds, or similar
|
$16.94
ISK2,400
|
$6.91
TRY244.89
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.81
ISK398
|
$1.17
TRY41.60
|
|
Bottle of water (11 fl. oz) |
$2.02
ISK286
|
$0.42
TRY14.99
|
|
pay 60.5% less for groceries
Iceland
|
Turkey
|
||
---|---|---|---|
Bread
1 loaf
|
$2.95
ISK419
|
$1.02
TRY35.97
|
|
Local cheese (8 oz) |
$7.27
ISK1,029
|
$4.97
TRY176.13
|
|
Milk (1 gallon) |
$6.01
ISK851
|
$3.15
TRY111.67
|
|
Eggs
1 dozen
|
$5.42
ISK768
|
$1.40
TRY49.55
|
|
Boneless chicken breast (1 lb) |
$8.51
ISK1,205
|
$2.40
TRY84.96
|
|
Apples (1 lb) |
$1.22
ISK173
|
$0.37
TRY13.10
|
|
Bananas (1 lb) |
$1.03
ISK145
|
$0.87
TRY30.93
|
|
Oranges (1 lb) |
$1.17
ISK166
|
$0.42
TRY14.74
|
|
Tomatoes (1 lb) |
$1.87
ISK265
|
$0.51
TRY18.06
|
|
Potatoes (1 lb) |
$1.23
ISK175
|
$0.25
TRY8.78
|
|
Onions (1 lb) |
$0.78
ISK111
|
$0.21
TRY7.54
|
|
pay 45.4% less for transportation
Iceland
|
Turkey
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.36
ISK1,185
|
$4.40
TRY155.88
|
|
Monthly public transit pass |
$71.28
ISK10,098
|
$19.27
TRY682.73
|
|
New Volkswagen Golf 1.4 (standard edition) |
$40,660.66
ISK5,760,396
|
$44,819.35
TRY1,588,093.12
|
|
Taxi trip in downtown area (5 miles) |
$22.04
ISK3,122
|
$6.29
TRY222.97
|
|
pay 65.3% less for housing
Iceland
|
Turkey
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$72.17
ISK10,225
|
$11.31
TRY400.62
|
|
1-Bedroom apartment in downtown area |
$1,838.04
ISK260,395
|
$442.81
TRY15,690.30
|
|
1-Bedroom apartment outside city center |
$1,497.77
ISK212,189
|
$336.49
TRY11,923.01
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$58.01
ISK8,219
|
$44.46
TRY1,575.46
|
|
pay 36.6% more for childcare
Iceland
|
Turkey
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$258.16
ISK36,574
|
$408.60
TRY14,477.87
|
|
Middle school for 1 child, two semesters |
$5,993.99
ISK849,169
|
$6,892.93
TRY244,238.45
|
|
pay 61.0% less for entertainment and sports
Iceland
|
Turkey
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.19
ISK1,302
|
$2.54
TRY90.09
|
|
Cappuccino in mid-range area |
$4.65
ISK659
|
$2.62
TRY92.88
|
|
Pack of cigarettes
Marlboro or similar
|
$11.76
ISK1,665
|
$1.91
TRY67.71
|
|
Monthly membership at local gym |
$61.46
ISK8,707
|
$36.34
TRY1,287.58
|
|
Movie ticket to theater/cinema |
$14.35
ISK2,033
|
$5.10
TRY180.74
|
|
pay 48.3% less for clothing
Iceland
|
Turkey
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$111.23
ISK15,758
|
$42.74
TRY1,514.47
|
|
Regular dress
from H&M or similar store
|
$59.69
ISK8,456
|
$40.74
TRY1,443.72
|
|
Running shoes
Nike or Adidas
|
$148.00
ISK20,967
|
$88.38
TRY3,131.57
|
|
Men's business shoes (leather) |
$184.49
ISK26,137
|
$74.39
TRY2,635.84
|
|
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