Cost of living comparison
Turkey is 50.9% cheaper than Iceland.
If you lived in Turkey instead of Iceland, you would:
pay 66.9% less for restaurants
Iceland
|
Turkey
|
||
---|---|---|---|
Basic meal with drink at inexpensive restaurant |
$19.51
ISK2,708
|
$6.24
TRY204.19
|
|
Fast food combo meal
McDonalds, or similar
|
$16.45
ISK2,283
|
$6.07
TRY198.83
|
|
Bottle of Coca-Cola (11 fl. oz) |
$2.70
ISK375
|
$1.14
TRY37.18
|
|
Bottle of water (11 fl. oz) |
$1.95
ISK271
|
$0.42
TRY13.85
|
|
pay 65.1% less for groceries
Iceland
|
Turkey
|
||
---|---|---|---|
Bread
1 loaf
|
$3.16
ISK438
|
$0.69
TRY22.65
|
|
Local cheese (8 oz) |
$6.72
ISK932
|
$3.56
TRY116.49
|
|
Milk (1 gallon) |
$6.27
ISK870
|
$2.89
TRY94.60
|
|
Eggs
1 dozen
|
$6.03
ISK837
|
$1.43
TRY46.78
|
|
Boneless chicken breast (1 lb) |
$7.60
ISK1,055
|
$2.52
TRY82.66
|
|
Apples (1 lb) |
$1.13
ISK156
|
$0.43
TRY14.10
|
|
Bananas (1 lb) |
$1.01
ISK140
|
$0.59
TRY19.20
|
|
Oranges (1 lb) |
$1.15
ISK160
|
$0.47
TRY15.45
|
|
Tomatoes (1 lb) |
$1.71
ISK238
|
$0.35
TRY11.48
|
|
Potatoes (1 lb) |
$1.13
ISK157
|
$0.26
TRY8.62
|
|
Onions (1 lb) |
$0.68
ISK95
|
$0.17
TRY5.57
|
|
pay 46.7% less for transportation
Iceland
|
Turkey
|
||
---|---|---|---|
Gasoline (1 gallon) |
$8.42
ISK1,169
|
$4.52
TRY147.91
|
|
Monthly public transit pass |
$68.29
ISK9,478
|
$18.83
TRY616.43
|
|
New Volkswagen Golf 1.4 (standard edition) |
$39,714.69
ISK5,511,605
|
$41,229.16
TRY1,349,772.68
|
|
Taxi trip in downtown area (5 miles) |
$23.23
ISK3,224
|
$6.53
TRY213.83
|
|
pay 66.9% less for housing
Iceland
|
Turkey
|
||
---|---|---|---|
Internet connection
50 mbps or faster, cable/dsl
|
$74.47
ISK10,335
|
$10.43
TRY341.52
|
|
1-Bedroom apartment in downtown area |
$1,518.94
ISK210,798
|
$399.75
TRY13,087.07
|
|
1-Bedroom apartment outside city center |
$1,325.48
ISK183,950
|
$359.90
TRY11,782.45
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$66.99
ISK9,297
|
$43.40
TRY1,420.72
|
|
pay 3.6% more for childcare
Iceland
|
Turkey
|
||
---|---|---|---|
Private preschool for 1 child, monthly |
$254.97
ISK35,384
|
$278.07
TRY9,103.39
|
|
Middle school for 1 child, two semesters |
$5,993.83
ISK831,823
|
$5,884.06
TRY192,634.24
|
|
pay 64.6% less for entertainment and sports
Iceland
|
Turkey
|
||
---|---|---|---|
Domestic/local beer (1 pint) |
$9.37
ISK1,301
|
$2.38
TRY77.80
|
|
Cappuccino in mid-range area |
$4.61
ISK640
|
$2.28
TRY74.51
|
|
Pack of cigarettes
Marlboro or similar
|
$11.22
ISK1,557
|
$1.80
TRY58.91
|
|
Monthly membership at local gym |
$60.00
ISK8,327
|
$32.86
TRY1,075.73
|
|
Movie ticket to theater/cinema |
$13.94
ISK1,935
|
$4.42
TRY144.67
|
|
pay 49.5% less for clothing
Iceland
|
Turkey
|
||
---|---|---|---|
Regular jeans
Levi's brand
|
$108.23
ISK15,020
|
$45.31
TRY1,483.31
|
|
Regular dress
from H&M or similar store
|
$59.73
ISK8,290
|
$37.21
TRY1,218.30
|
|
Running shoes
Nike or Adidas
|
$146.94
ISK20,392
|
$80.01
TRY2,619.41
|
|
Men's business shoes (leather) |
$169.24
ISK23,487
|
$73.48
TRY2,405.49
|
|
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