Iceland vs Turkmenistan - Cost of Living Comparison

Updated:

Livingcost

Iceland Turkmenistan
🚶 Cost of living one person
$2685
$1593
👨‍👩‍👧‍👦 Cost of living Family
$5605
$3677
🏠 One person rent
$1593
$797
🏘️ Family rent
$2495
$1505
🍽️ Food expenses
$794
$607
🚐 Transport expenses
$85.7
$39.6
💳 Monthly salary after tax
$3865
$753
💸 GDP per capita
$78811
$9191
😃 Human freedom index
8.73
4.1
❤️ Life expectancy
82.2
69.4
👮 Corruption perceptions index
72
18
🌐 English speaking %
98%
2%
🎓 Higher education
81
1
😀 Quality of life
92
27
🏙️ Population
364K
6.12M

The average cost of living in Iceland ($2685) is 69% more expensive than in Turkmenistan ($1593). Iceland ranked 5th vs 30th for Turkmenistan in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 1.4 months in Iceland compared to 0.5 months in Turkmenistan. Ranked 11th and 149th best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Iceland vs Turkmenistan infographic

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Prices in Iceland vs Turkmenistan

We calculate prices for Iceland and Turkmenistan as a population-weighted mean of 5 and 6 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Iceland Turkmenistan
Eating Out
🍱 Lunch Menu
$22.1
$22.5
🥂 Dinner in a Restaurant, for 2
$115
$59.8
🥪 Fast food meal, equiv. McDonald's
$18.3
$9.99
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$10.4
$6.92
 Cappuccino
$5.1
$6.33
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$2.95
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$1639
$892
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$1432
$606
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$2535
$1477
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$2304
$1311
🔌 Utility Bill one person, electricity, heating, water, etc.
$46.2
$49.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$71.2
$75.8
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$73.9
$85.2
🏦 Mortgage Interest Rate for 20 Years
7.22%
7.99%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$5677
$3876
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$4632
$2988
Transportation
🚌 Local transport ticket
$4.47
$0.14
🎟️ Monthly ticket local transport
$74.2
$8.61
🚕 Taxi Ride, 8 km or 5 mi
$24.9
$9.72
 Gas / Petrol, 1 L or 0.26 gal
$2.28
$0.36
Groceries
🥛 Milk, 1 L or 1 qt
$1.67
$3.09
🍞 Bread, 0.5 kg or 1.1 lb
$3.6
$1.85
🍚 Rice, 1 kg or 2.2 lb
$3.11
$5.18
🥚 Eggs, x12
$5.77
$5.54
🧀 Cheese, 1 kg or 2.2 lb
$15.4
$9.18
🐔 Chicken Breast, 1 kg or 2.2 lb
$19.7
$9.79
🥩 Round Steak, 1 kg or 2.2 lb
$33.9
$25.2
🍏 Apples, 1 kg or 2.2 lb
$2.88
$4.98
🍌 Banana, 1 kg or 2.2 lb
$2.31
$1.39
🍊 Oranges, 1 kg or 2.2 lb
$2.69
$1.39
🍅 Tomato, 1 kg or 2.2 lb
$4.65
$3.29
🥔 Potato, 1 kg or 2.2 lb
$2.99
$1.91
🧅 Onion, 1 kg or 2.2 lb
$1.84
$1.87
🌊 Water, 1 L or 1 qt
$1.28
$0.82
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.74
$1.08
🍾 Wine (mid-priced), 750 mL bottle
$21.3
$27.1
🍺 Beer, 0.5 L or 16 fl oz
$3.27
$3.3
🚬 Cigarette pack
$12
$25.5
💊 Cold medicince, 1 week
$11.6
$5.39
🧴 Hair Shampoo
$5.35
$4.81
🧻 Toilet paper, 4 rolls
$4.7
$2.98
👄 Toothpaste, 1 tube
$3.32
$2.79
Other
🏋️ Gym Membership, 1 month
$67.9
$111
🎫 Cinema Ticket, 1 person
$14.9
$17.6
👩‍⚕️ Doctor's visit
$84.3
$35.4
💇 Haircut, simple
$47.3
$6.39
👖 Brand Jeans
$113
$83.9
👟 Brand Sneakers
$152
$141
👶 Daycare or Preschool, 1 month
$257
$22.9
🏫 International Primary School, 1 year
$6163
$6589

Cost of living in other countries

Cost of living

Cities Comparison in Iceland vs Turkmenistan

More countries to compare

Cost of Living in Popular cities

In Iceland

City Cost of living Population
Reykjavik
$2915
140K
Kopavogur
$2371
39.8K
Hafnarfjorur
$2602
30.6K
Akureyri
$2300
19.9K
Keflavik
$2091
15.9K

In Turkmenistan

City Cost of living Population
Ashgabat
$1616
1.03M
Turkmenabat
$1554
256K
Dasoguz
$1572
227K
Mary
$1531
126K
Anau
$1583
29.6K
Baherden
$1578
24.7K