Cost of Living Comparison Between Istanbul and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 117.5% higher than in Istanbul (without rent) | |
| Cost of Living Including Rent in Reykjavik is 122.2% higher than in Istanbul | |
| Rent Prices in Reykjavik are 133.1% higher than in Istanbul | |
| Restaurant Prices in Reykjavik are 141.5% higher than in Istanbul | |
| Groceries Prices in Reykjavik are 145.3% higher than in Istanbul | |
| Local Purchasing Power in Reykjavik is 108.5% higher than in Istanbul | |
Restaurants | Istanbul Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
300.00 TL (1,278.32 kr) |
704.05 TL (3,000.00 kr) |
+134.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,500.00 TL (6,391.60 kr) |
3,989.61 TL (17,000.00 kr) |
+166.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
235.00 TL (1,001.35 kr) |
563.24 TL (2,400.00 kr) |
+139.7 % |
| Domestic Beer (1 pint draught) |
120.00 TL (511.33 kr) |
352.02 TL (1,500.00 kr) |
+193.4 % |
| Imported Beer (12 oz small bottle) |
160.00 TL (681.77 kr) |
293.35 TL (1,250.00 kr) |
+83.3 % |
| Cappuccino (regular) |
93.52 TL (398.50 kr) |
165.86 TL (706.74 kr) |
+77.4 % |
| Coke/Pepsi (12 oz small bottle) |
41.74 TL (177.87 kr) |
96.71 TL (412.07 kr) |
+131.7 % |
| Water (12 oz small bottle) |
18.58 TL (79.15 kr) |
68.60 TL (292.32 kr) |
+269.3 % |
Markets | Istanbul Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
142.09 TL (605.43 kr) |
200.88 TL (855.96 kr) |
+41.4 % |
| Loaf of Fresh White Bread (1 lb) |
18.93 TL (80.65 kr) |
109.03 TL (464.58 kr) |
+476.0 % |
| Rice (white), (1 lb) |
29.05 TL (123.78 kr) |
44.58 TL (189.98 kr) |
+53.5 % |
| Eggs (regular) (12) |
70.69 TL (301.22 kr) |
192.24 TL (819.16 kr) |
+171.9 % |
| Local Cheese (1 lb) |
132.00 TL (562.47 kr) |
226.56 TL (965.37 kr) |
+71.6 % |
| Chicken Fillets (1 lb) |
85.11 TL (362.65 kr) |
289.39 TL (1,233.09 kr) |
+240.0 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
249.21 TL (1,061.89 kr) |
453.99 TL (1,934.50 kr) |
+82.2 % |
| Apples (1 lb) |
18.68 TL (79.60 kr) |
44.21 TL (188.37 kr) |
+136.7 % |
| Banana (1 lb) |
27.40 TL (116.74 kr) |
31.58 TL (134.59 kr) |
+15.3 % |
| Oranges (1 lb) |
13.51 TL (57.57 kr) |
39.77 TL (169.47 kr) |
+194.4 % |
| Tomato (1 lb) |
18.96 TL (80.80 kr) |
71.13 TL (303.07 kr) |
+275.1 % |
| Potato (1 lb) |
11.18 TL (47.66 kr) |
46.55 TL (198.33 kr) |
+316.2 % |
| Onion (1 lb) |
8.64 TL (36.83 kr) |
31.48 TL (134.12 kr) |
+264.2 % |
| Lettuce (1 head) |
33.86 TL (144.30 kr) |
102.09 TL (435.00 kr) |
+201.5 % |
| Water (1.5 liter bottle) |
13.31 TL (56.71 kr) |
66.84 TL (284.82 kr) |
+402.3 % |
| Bottle of Wine (Mid-Range) |
300.00 TL (1,278.32 kr) |
645.26 TL (2,749.50 kr) |
+115.1 % |
| Domestic Beer (0.5 liter bottle) |
59.99 TL (255.61 kr) |
102.78 TL (437.94 kr) |
+71.3 % |
| Imported Beer (12 oz small bottle) |
84.90 TL (361.78 kr) |
82.96 TL (353.50 kr) |
-2.3 % |
| Cigarettes 20 Pack (Marlboro) |
60.00 TL (255.66 kr) |
387.23 TL (1,650.00 kr) |
+545.4 % |
Transportation | Istanbul Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
17.70 TL (75.42 kr) |
133.77 TL (570.00 kr) |
+655.8 % |
| Monthly Pass (Regular Price) |
1,388.00 TL (5,914.36 kr) |
2,182.55 TL (9,300.00 kr) |
+57.2 % |
| Taxi Start (Normal Tariff) |
25.00 TL (106.53 kr) |
171.32 TL (730.00 kr) |
+585.3 % |
| Taxi 1 mile (Normal Tariff) |
28.97 TL (123.44 kr) |
118.40 TL (504.53 kr) |
+308.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
225.00 TL (958.74 kr) |
2,260.00 TL (9,630.00 kr) |
+904.4 % |
| Gasoline (1 gallon) |
151.42 TL (645.22 kr) |
279.66 TL (1,191.65 kr) |
+84.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,400,000.00 TL (5,965,489.69 kr) |
1,358,815.52 TL (5,790,000.00 kr) |
-2.9 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,405,152.44 TL (5,987,444.59 kr) |
1,416,283.56 TL (6,034,875.00 kr) |
+0.8 % |
Utilities (Monthly) | Istanbul Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,875.12 TL (7,990.00 kr) |
2,782.82 TL (11,857.77 kr) |
+48.4 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
281.15 TL (1,197.98 kr) |
763.82 TL (3,254.67 kr) |
+171.7 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
371.58 TL (1,583.32 kr) |
2,270.79 TL (9,676.00 kr) |
+511.1 % |
Sports And Leisure | Istanbul Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,344.44 TL (5,728.73 kr) |
2,059.39 TL (8,775.19 kr) |
+53.2 % |
| Tennis Court Rent (1 Hour on Weekend) |
447.50 TL (1,906.83 kr) |
942.09 TL (4,014.29 kr) |
+110.5 % |
| Cinema, International Release, 1 Seat |
200.00 TL (852.21 kr) |
469.37 TL (2,000.00 kr) |
+134.7 % |
Childcare | Istanbul Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
17,512.88 TL (74,623.52 kr) |
7,646.48 TL (32,582.12 kr) |
-56.3 % |
| International Primary School, Yearly for 1 Child |
378,081.87 TL (1,611,031.05 kr) |
195,178.17 TL (831,666.67 kr) |
-48.4 % |
Clothing And Shoes | Istanbul Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,707.25 TL (7,274.68 kr) |
3,416.41 TL (14,557.53 kr) |
+100.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
1,125.38 TL (4,795.33 kr) |
1,523.36 TL (6,491.15 kr) |
+35.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
2,871.34 TL (12,234.98 kr) |
4,692.43 TL (19,994.75 kr) |
+63.4 % |
| 1 Pair of Men Leather Business Shoes |
2,550.83 TL (10,869.26 kr) |
5,833.05 TL (24,855.00 kr) |
+128.7 % |
Rent Per Month | Istanbul Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
25,596.38 TL (109,067.80 kr) |
61,355.57 TL (261,440.00 kr) |
+139.7 % |
| Apartment (1 bedroom) Outside of Centre |
16,501.40 TL (70,313.52 kr) |
55,049.76 TL (234,570.54 kr) |
+233.6 % |
| Apartment (3 bedrooms) in City Centre |
49,613.18 TL (211,404.96 kr) |
89,007.50 TL (379,266.67 kr) |
+79.4 % |
| Apartment (3 bedrooms) Outside of Centre |
30,501.31 TL (129,968.05 kr) |
79,444.60 TL (338,518.52 kr) |
+160.5 % |
Buy Apartment Price | Istanbul Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
9,819.32 TL (41,840.75 kr) |
19,040.93 TL (81,134.64 kr) |
+93.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
5,031.01 TL (21,437.46 kr) |
14,863.71 TL (63,335.22 kr) |
+195.4 % |
Salaries And Financing | Istanbul Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
26,000.82 TL (110,791.16 kr) |
120,481.75 TL (513,380.43 kr) |
+363.4 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 44.21 | 8.14 | -81.6 % |
| Last update: | June 2024 | May 2024 | |
| Contributors in the past 12 months: | 1181 | 168 |
Moving to Istanbul? Explore:
Moving to Reykjavik? Explore:
Cities near Istanbul: | Cost of Living in Esenyurt | 19.48 miles |
| Cost of Living in Kocaeli | 62.63 miles |
| Cost of Living in Bursa | 164.05 miles |
| Cost of Living in Zonguldak | 210.49 miles |
| Cost of Living in Eskisehir | 220.30 miles |
Cities near Reykjavik: | Cost of Living in Hafnarfjorour | 6.29 miles |
| Cost of Living in Akranes | 29.20 miles |
| Cost of Living in Grindavik | 31.33 miles |
| Cost of Living in Grundarfjordur | 108.80 miles |
| Cost of Living in Kirkjubaejarklaustur | 159.08 miles |
| Cost of Living in Hofsos | 210.99 miles |