Cost of Living Comparison Between Istanbul and Reykjavik 
| Indices Difference |  |
|---|---|
| Cost of Living in Reykjavik is 120.2% higher than in Istanbul (without rent) | |
| Cost of Living Including Rent in Reykjavik is 119.1% higher than in Istanbul | |
| Rent Prices in Reykjavik are 116.7% higher than in Istanbul | |
| Restaurant Prices in Reykjavik are 131.5% higher than in Istanbul | |
| Groceries Prices in Reykjavik are 148.7% higher than in Istanbul | |
| Local Purchasing Power in Reykjavik is 112.9% higher than in Istanbul | |
Restaurants | Istanbul Edit |
Reykjavik Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
350.00 TL (1,416.77 kr) |
741.12 TL (3,000.00 kr) |
+111.7 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
1,500.00 TL (6,071.86 kr) |
4,199.70 TL (17,000.00 kr) |
+180.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
250.00 TL (1,011.98 kr) |
617.60 TL (2,500.00 kr) |
+147.0 % |
| Domestic Beer (1 pint draught) |
150.00 TL (607.19 kr) |
370.56 TL (1,500.00 kr) |
+147.0 % |
| Imported Beer (12 oz small bottle) |
180.00 TL (728.62 kr) |
345.86 TL (1,400.00 kr) |
+92.1 % |
| Cappuccino (regular) |
110.29 TL (446.45 kr) |
179.27 TL (725.68 kr) |
+62.5 % |
| Coke/Pepsi (12 oz small bottle) |
47.91 TL (193.95 kr) |
109.19 TL (442.01 kr) |
+127.9 % |
| Water (12 oz small bottle) |
18.28 TL (74.01 kr) |
74.49 TL (301.54 kr) |
+307.4 % |
Markets | Istanbul Edit |
Reykjavik Edit | |
| Milk (regular), (1 gallon) |
138.07 TL (558.88 kr) |
217.00 TL (878.38 kr) |
+57.2 % |
| Loaf of Fresh White Bread (1 lb) |
24.62 TL (99.67 kr) |
111.33 TL (450.66 kr) |
+352.2 % |
| Rice (white), (1 lb) |
28.25 TL (114.36 kr) |
48.08 TL (194.62 kr) |
+70.2 % |
| Eggs (regular) (12) |
64.05 TL (259.27 kr) |
195.42 TL (791.03 kr) |
+205.1 % |
| Local Cheese (1 lb) |
143.35 TL (580.26 kr) |
241.36 TL (977.00 kr) |
+68.4 % |
| Chicken Fillets (1 lb) |
91.12 TL (368.86 kr) |
322.24 TL (1,304.41 kr) |
+253.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
286.93 TL (1,161.48 kr) |
565.84 TL (2,290.48 kr) |
+97.2 % |
| Apples (1 lb) |
18.84 TL (76.26 kr) |
45.14 TL (182.72 kr) |
+139.6 % |
| Banana (1 lb) |
31.99 TL (129.48 kr) |
34.34 TL (139.00 kr) |
+7.3 % |
| Oranges (1 lb) |
15.51 TL (62.76 kr) |
41.73 TL (168.92 kr) |
+169.1 % |
| Tomato (1 lb) |
18.32 TL (74.14 kr) |
76.25 TL (308.63 kr) |
+316.3 % |
| Potato (1 lb) |
10.32 TL (41.79 kr) |
48.85 TL (197.74 kr) |
+373.2 % |
| Onion (1 lb) |
8.61 TL (34.83 kr) |
33.56 TL (135.85 kr) |
+290.0 % |
| Lettuce (1 head) |
32.06 TL (129.76 kr) |
101.02 TL (408.92 kr) |
+215.1 % |
| Water (1.5 liter bottle) |
13.22 TL (53.50 kr) |
68.51 TL (277.31 kr) |
+418.4 % |
| Bottle of Wine (Mid-Range) |
350.00 TL (1,416.77 kr) |
741.12 TL (3,000.00 kr) |
+111.7 % |
| Domestic Beer (0.5 liter bottle) |
69.58 TL (281.67 kr) |
107.68 TL (435.88 kr) |
+54.7 % |
| Imported Beer (12 oz small bottle) |
89.81 TL (363.53 kr) |
88.70 TL (359.06 kr) |
-1.2 % |
| Cigarettes 20 Pack (Marlboro) |
70.00 TL (283.35 kr) |
409.84 TL (1,659.00 kr) |
+485.5 % |
Transportation | Istanbul Edit |
Reykjavik Edit | |
| One-way Ticket (Local Transport) |
20.00 TL (80.96 kr) |
155.64 TL (630.00 kr) |
+678.2 % |
| Monthly Pass (Regular Price) |
1,388.93 TL (5,622.26 kr) |
2,569.23 TL (10,400.00 kr) |
+85.0 % |
| Taxi Start (Normal Tariff) |
25.00 TL (101.20 kr) |
187.75 TL (760.00 kr) |
+651.0 % |
| Taxi 1 mile (Normal Tariff) |
28.97 TL (117.26 kr) |
128.81 TL (521.43 kr) |
+344.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
254.32 TL (1,029.46 kr) |
2,623.58 TL (10,620.00 kr) |
+931.6 % |
| Gasoline (1 gallon) |
162.25 TL (656.79 kr) |
292.58 TL (1,184.34 kr) |
+80.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
1,500,000.00 TL (6,071,862.38 kr) |
1,455,072.50 TL (5,890,000.00 kr) |
-3.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
1,477,391.90 TL (5,980,346.85 kr) |
1,564,974.95 TL (6,334,875.00 kr) |
+5.9 % |
Utilities (Monthly) | Istanbul Edit |
Reykjavik Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
1,931.78 TL (7,819.65 kr) |
2,473.29 TL (10,011.66 kr) |
+28.0 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
336.30 TL (1,361.32 kr) |
835.91 TL (3,383.68 kr) |
+148.6 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
438.82 TL (1,776.30 kr) |
2,471.85 TL (10,005.82 kr) |
+463.3 % |
Sports And Leisure | Istanbul Edit |
Reykjavik Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
1,564.99 TL (6,334.92 kr) |
2,367.88 TL (9,584.95 kr) |
+51.3 % |
| Tennis Court Rent (1 Hour on Weekend) |
442.11 TL (1,789.60 kr) |
1,146.98 TL (4,642.86 kr) |
+159.4 % |
| Cinema, International Release, 1 Seat |
200.00 TL (809.58 kr) |
506.43 TL (2,050.00 kr) |
+153.2 % |
Childcare | Istanbul Edit |
Reykjavik Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
21,002.88 TL (85,017.73 kr) |
8,395.56 TL (33,984.44 kr) |
-60.0 % |
| International Primary School, Yearly for 1 Child |
474,488.58 TL (1,920,686.26 kr) |
205,455.91 TL (831,666.67 kr) |
-56.7 % |
Clothing And Shoes | Istanbul Edit |
Reykjavik Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
1,690.32 TL (6,842.26 kr) |
3,609.12 TL (14,609.37 kr) |
+113.5 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
1,225.36 TL (4,960.14 kr) |
1,704.28 TL (6,898.75 kr) |
+39.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
3,089.29 TL (12,505.14 kr) |
5,205.10 TL (21,069.75 kr) |
+68.5 % |
| 1 Pair of Men Leather Business Shoes |
2,787.86 TL (11,284.99 kr) |
6,530.69 TL (26,435.62 kr) |
+134.3 % |
Rent Per Month | Istanbul Edit |
Reykjavik Edit | |
| Apartment (1 bedroom) in City Centre |
30,222.83 TL (122,339.25 kr) |
66,709.64 TL (270,034.48 kr) |
+120.7 % |
| Apartment (1 bedroom) Outside of Centre |
19,023.48 TL (77,005.30 kr) |
60,623.90 TL (245,400.00 kr) |
+218.7 % |
| Apartment (3 bedrooms) in City Centre |
57,071.43 TL (231,019.91 kr) |
95,140.50 TL (385,120.00 kr) |
+66.7 % |
| Apartment (3 bedrooms) Outside of Centre |
35,283.88 TL (142,825.92 kr) |
84,402.15 TL (341,652.17 kr) |
+139.2 % |
Buy Apartment Price | Istanbul Edit |
Reykjavik Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
10,505.99 TL (42,527.28 kr) |
20,043.60 TL (81,134.64 kr) |
+90.8 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
5,553.65 TL (22,480.65 kr) |
16,612.03 TL (67,243.99 kr) |
+199.1 % |
Salaries And Financing | Istanbul Edit |
Reykjavik Edit | |
| Average Monthly Net Salary (After Tax) |
28,173.22 TL (114,042.60 kr) |
131,467.88 TL (532,169.91 kr) |
+366.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 45.17 | 8.54 | -81.1 % |
| Last update: | September 2024 | September 2024 | |
| Contributors in the past 12 months: | 1029 | 189 |
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 |