Istanbul vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Istanbul Reykjavik
🚶 Cost of living one person
$1125
$2915
👨‍👩‍👧‍👦 Cost of living Family
$2885
$5968
🏠 One person rent
$587
$1781
🏘️ Family rent
$1119
$2749
🍽️ Food expenses
$308
$832
🚐 Transport expenses
$117
$88.7
💳 Monthly salary after tax
$820
$3918
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
12 km
4 km
🎓 Higher education
95
53
😀 Quality of life
77
89
🏙️ Population
15.5M
140K

The cost of living in Istanbul is 61% less expensive than in Reykjavik. Cities ranked 4816th and 204th ($1125 vs $2915) in the list of the most expensive cities in the world and ranked 1st and 1st in Turkey and Iceland, respectively. Check Turkey vs Iceland comparison.

The average after-tax salary is enough to cover living expenses for 0.7 months in Istanbul compared to 1.3 months in Reykjavik. Istanbul ranked 1st best city to live in Turkey vs Reykjavik ranked 1st in Iceland, while ranked 790th and 189th among best cities to live in the world.

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Cost of living in Istanbul vs Reykjavik infographic

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Prices in Istanbul vs Reykjavik

Prices for goods and services in Istanbul and Reykjavik are partly crowdsourced by our visitors, just like yourself. Please consider telling us about your city.

Istanbul Reykjavik
Eating Out
🍱 Lunch Menu
$8.84
$22
🥂 Dinner in a Restaurant, for 2
$41
$125
🥪 Fast food meal, equiv. McDonald's
$7.35
$18.5
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.29
$11.1
☕ Cappuccino
$3.27
$5.35
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.42
$3.27
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$769
$1809
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$475
$1626
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1529
$2822
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$921
$2552
🔌 Utility Bill one person, electricity, heating, water, etc.
$40.5
$44.2
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$63.2
$68.4
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$12.9
$74.1
🏦 Mortgage Interest Rate for 20 Years
45.66%
8.55%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3275
$6498
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1719
$5311
Transportation
🚌 Local transport ticket
$0.58
$4.63
🎟️ Monthly ticket local transport
$39.7
$77.2
🚕 Taxi Ride, 8 km or 5 mi
$5.27
$24.8
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.25
$2.29
Groceries
🥛 Milk, 1 L or 1 qt
$1.06
$1.72
🍞 Bread, 0.5 kg or 1.1 lb
$0.8
$3.66
🍚 Rice, 1 kg or 2.2 lb
$1.47
$3.25
🥚 Eggs, x12
$1.94
$5.9
🧀 Cheese, 1 kg or 2.2 lb
$9.45
$16
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.14
$21.4
🥩 Round Steak, 1 kg or 2.2 lb
$18.8
$37.6
🍏 Apples, 1 kg or 2.2 lb
$1.19
$3.07
🍌 Banana, 1 kg or 2.2 lb
$2.14
$2.29
🍊 Oranges, 1 kg or 2.2 lb
$1.05
$2.72
🍅 Tomato, 1 kg or 2.2 lb
$1.15
$4.99
🥔 Potato, 1 kg or 2.2 lb
$0.66
$3.21
🧅 Onion, 1 kg or 2.2 lb
$0.57
$2.16
🌊 Water, 1 L or 1 qt
$0.27
$1.37
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.49
$2.74
🍾 Wine (mid-priced), 750 mL bottle
$10.7
$22
🍺 Beer, 0.5 L or 16 fl oz
$2.02
$3.27
🚬 Cigarette pack
$2.01
$12.2
💊 Cold medicince, 1 week
$3.18
$11.6
🧴 Hair Shampoo
$3.25
$5.36
🧻 Toilet paper, 4 rolls
$1.93
$4.68
👄 Toothpaste, 1 tube
$2.73
$3.32
Other
🏋️ Gym Membership, 1 month
$45.2
$71.8
🎫 Cinema Ticket, 1 person
$5.86
$15.1
👩‍⚕️ Doctor's visit
$70.6
$84.7
💇 Haircut, simple
$12.8
$47.4
👖 Brand Jeans
$51.8
$112
👟 Brand Sneakers
$94.3
$155
👶 Daycare or Preschool, 1 month
$626
$254
🏫 International Primary School, 1 year
$13982
$6167

Cost of living in other countries

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Cost of Living in the nearest cities

Cities near Istanbul

Distance City Cost of living
40 km or 25 mi Cayirova
$594
46 km or 28 mi Gebze
$579
73 km or 45 mi Korfez
$643
79 km or 49 mi Kocaeli
$695
83 km or 51 mi Golcuk
$642
87 km or 54 mi Izmit
$652
91 km or 56 mi Kapakli
$683
92 km or 57 mi Bursa
$789
96 km or 59 mi Kartepe
$633
98 km or 61 mi Corlu
$694
111 km or 69 mi Bandirma
$655
113 km or 70 mi Inegol
$690
121 km or 75 mi Tekirdag
$705
124 km or 77 mi Adapazari
$502
124 km or 77 mi Sakarya
$605
129 km or 80 mi Bilecik
$692
141 km or 88 mi Luleburgaz
$646
166 km or 103 mi Kirklareli
$596
176 km or 110 mi Balikesir
$584
186 km or 115 mi Duzce
$461
190 km or 118 mi Eskisehir
$716
192 km or 120 mi Uzunkopru
$645
197 km or 122 mi Kutahya
$700
207 km or 129 mi Burgas
$573
208 km or 129 mi Karadeniz Eregli
$589
214 km or 133 mi Edirne
$635
224 km or 139 mi Bolu
$599
234 km or 145 mi Soma
$642
236 km or 147 mi Canakkale
$668
259 km or 161 mi Varna
$931
260 km or 162 mi Alexandroupoli
$999
261 km or 162 mi Yambol
$561
261 km or 162 mi Usak
$648
284 km or 177 mi Afyonkarahisar
$463
287 km or 178 mi Sliven
$624
290 km or 180 mi Salihli
$657
290 km or 180 mi Bartin
$672
295 km or 184 mi Manisa
$612
296 km or 184 mi Mytilene
$899
299 km or 186 mi Komotini
$985

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$2371
9.8 km or 6.1 mi Hafnarfjorur
$2602
38 km or 24 mi Keflavik
$2091
247 km or 153 mi Akureyri
$2300
795 km or 494 mi Torshavn
$1913
1204 km or 748 mi Inverness
$1830
1230 km or 764 mi Elgin
$1459
1300 km or 808 mi Derry
$1491
1309 km or 813 mi Greenock
$1599
1321 km or 821 mi Aberdeen
$1701
1325 km or 823 mi Perth
$1647
1328 km or 825 mi Stirling
$1625
1331 km or 827 mi Paisley
$1793
1333 km or 828 mi Alloa
$1710
1337 km or 831 mi Glasgow
$2013
1339 km or 832 mi Dundee
$1545
1340 km or 833 mi Omagh
$1650
1341 km or 833 mi Cumbernauld
$1767
1342 km or 834 mi Irvine
$1573
1348 km or 838 mi East Kilbride
$1818
1349 km or 838 mi Kilmarnock
$1470
1351 km or 839 mi Dunfermline
$1724
1353 km or 841 mi Hamilton
$1793
1357 km or 843 mi Ayr
$1420
1360 km or 845 mi Kirkcaldy
$1704
1365 km or 848 mi Livingston
$1744
1372 km or 852 mi Edinburgh
$2246
1382 km or 859 mi Newtownabbey
$1767
1387 km or 862 mi Belfast
$1830
1390 km or 864 mi Bangor
$1467
1391 km or 864 mi Lisburn
$1805
1401 km or 871 mi Alesund
$1657
1413 km or 878 mi Galway
$2427
1425 km or 886 mi Dundalk
$1930
1431 km or 889 mi Dumfries
$1390
1433 km or 891 mi Nuuk
$2125
1441 km or 895 mi Molde
$1969
1454 km or 903 mi Kristiansund
$1752
1455 km or 904 mi Drogheda
$2492
1455 km or 904 mi Bergen
$2161