Cost of living comparison
Iceland is 3.9 times more expensive than Turkey.
If you lived in Iceland instead of Turkey, you would:
pay 5.8 times more for restaurants
|
Turkey
|
Iceland
|
||
|---|---|---|---|
| Basic meal with drink at inexpensive restaurant |
$3.01
₺60.19
|
$17.84
kr2,483
|
|
|
Fast food combo meal
McDonalds, or similar
|
$3.65
₺72.84
|
$14.27
kr1,986
|
|
| Bottle of Coca-Cola (11 fl. oz) |
$0.62
₺12.39
|
$2.32
kr323
|
|
| Bottle of water (11 fl. oz) |
$0.22
₺4.35
|
$2.12
kr296
|
|
pay 3.8 times more for groceries
|
Turkey
|
Iceland
|
||
|---|---|---|---|
|
Bread
1 loaf
|
$0.39
₺7.84
|
$3.42
kr477
|
|
| Local cheese (8 oz) |
$2.61
₺52.23
|
$5.98
kr833
|
|
| Milk (1 gallon) |
$3.07
₺61.39
|
$5.33
kr741
|
|
|
Eggs
1 dozen
|
$1.40
₺28.00
|
$5.66
kr788
|
|
| Boneless chicken breast (1 lb) |
$1.59
₺31.77
|
$7.09
kr988
|
|
| Apples (1 lb) |
$0.30
₺6.04
|
$1.16
kr162
|
|
| Bananas (1 lb) |
$0.52
₺10.43
|
$0.98
kr137
|
|
| Oranges (1 lb) |
$0.31
₺6.13
|
$1.17
kr163
|
|
| Tomatoes (1 lb) |
$0.42
₺8.44
|
$1.84
kr256
|
|
| Potatoes (1 lb) |
$0.22
₺4.38
|
$0.96
kr133
|
|
| Onions (1 lb) |
$0.19
₺3.87
|
$0.51
kr71
|
|
pay 3.3 times more for transportation
|
Turkey
|
Iceland
|
||
|---|---|---|---|
| Gasoline (1 gallon) |
$4.34
₺86.62
|
$8.03
kr1,118
|
|
| Monthly public transit pass |
$15.27
₺305.03
|
$77.40
kr10,775
|
|
| New Volkswagen Golf 1.4 (standard edition) |
$34,350.89
₺686,086.79
|
$29,836.83
kr4,153,883
|
|
| Taxi trip in downtown area (5 miles) |
$4.33
₺86.38
|
$23.97
kr3,337
|
|
pay 6.0 times more for housing
|
Turkey
|
Iceland
|
||
|---|---|---|---|
|
Internet connection
50 mbps or faster, cable/dsl
|
$8.38
₺167.33
|
$62.40
kr8,688
|
|
| 1-Bedroom apartment in downtown area |
$218.27
₺4,359.50
|
$1,437.14
kr200,079
|
|
| 1-Bedroom apartment outside city center |
$144.02
₺2,876.56
|
$1,215.63
kr169,239
|
|
|
Utilities for two
(700 sq ft apartment)
including electric, gas, water, heating
|
$49.50
₺988.65
|
$68.63
kr9,555
|
|
pay 17.7% more for childcare
|
Turkey
|
Iceland
|
||
|---|---|---|---|
| Private preschool for 1 child, monthly |
$165.99
₺3,315.35
|
$259.34
kr36,106
|
|
| Middle school for 1 child, two semesters |
$3,471.33
₺69,332.51
|
$2,750.10
kr382,869
|
|
pay 4.3 times more for entertainment and sports
|
Turkey
|
Iceland
|
||
|---|---|---|---|
| Domestic/local beer (1 pint) |
$1.90
₺38.03
|
$8.52
kr1,186
|
|
| Cappuccino in mid-range area |
$1.55
₺30.90
|
$4.15
kr578
|
|
|
Pack of cigarettes
Marlboro or similar
|
$1.64
₺32.66
|
$10.64
kr1,481
|
|
| Monthly membership at local gym |
$20.05
₺400.41
|
$56.90
kr7,922
|
|
| Movie ticket to theater/cinema |
$2.50
₺49.92
|
$12.27
kr1,709
|
|
pay 3.1 times more for clothing
|
Turkey
|
Iceland
|
||
|---|---|---|---|
|
Regular jeans
Levi's brand
|
$29.99
₺598.94
|
$118.08
kr16,438
|
|
|
Regular dress
from H&M or similar store
|
$25.86
₺516.47
|
$50.39
kr7,015
|
|
|
Running shoes
Nike or Adidas
|
$62.92
₺1,256.75
|
$151.12
kr21,039
|
|
| Men's business shoes (leather) |
$42.57
₺850.16
|
$175.20
kr24,391
|
|
Change currency:
ASK THE ELSEWHERE COMMUNITY
Join the Elsewhere community and ask a question about Iceland or Turkey. It's a free, question-and-answer based forum to discuss what life is like in countries and cities around the world.