Istanbul vs Reykjavik - Cost of Living Comparison

Updated:

Livingcost

Istanbul Reykjavik
🚶 Cost of living one person
$1305
$3322
👨‍👩‍👧‍👦 Cost of living Family
$3329
$6846
🏠 One person rent
$689
$2058
🏘️ Family rent
$1222
$3020
🍽️ Food expenses
$350
$916
🚐 Transport expenses
$152
$102
💳 Monthly salary after tax
$1095
$4546
😷 Air quality
Moderate
Excellent
✈️ Airport proximity
12 km
4 km
🎓 Higher education
95
52
😀 Quality of life
78
89
🏙️ Population
15.7M
139K

The cost of living in Istanbul is 61% less expensive than in Reykjavik. Cities ranked 4562nd and 86th ($1305 vs $3322) 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 0.8 months in Istanbul compared to 1.4 months in Reykjavik. Istanbul ranked 1st best city to live in Turkey vs Reykjavik ranked 1st in Iceland, while ranked 925th and 268th among best cities to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Share this infographic!

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
$10.5
$28.6
🥂 Dinner in a Restaurant, for 2
$43.5
$90.8
🥪 Fast food meal, equiv. McDonald's
$9.13
$20.3
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$4.11
$12.6
☕ Cappuccino
$3.92
$6.19
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$1.63
$3.25
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$896
$2151
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$561
$1861
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1645
$3373
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$1007
$2721
🔌 Utility Bill one person, electricity, heating, water, etc.
$47.4
$51.6
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$73.1
$81.7
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$13.7
$87.2
🏦 Mortgage Interest Rate for 20 Years
43.72%
8.79%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$3111
$7832
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1596
$6385
Transportation
🚌 Local transport ticket
$0.79
$5.51
🎟️ Monthly ticket local transport
$54.8
$87.9
🚕 Taxi Ride, 8 km or 5 mi
$7.53
$29.5
⛽ Gas / Petrol, 1 L or 0.26 gal
$1.2
$2.49
Groceries
🥛 Milk, 1 L or 1 qt
$1.12
$1.98
🍞 Bread, 0.5 kg or 1.1 lb
$0.68
$4.44
🍚 Rice, 1 kg or 2.2 lb
$1.7
$3.58
🥚 Eggs, x12
$2.46
$6.83
🧀 Cheese, 1 kg or 2.2 lb
$10.1
$19.7
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.91
$26
🥩 Round Steak, 1 kg or 2.2 lb
$20.7
$44.9
🍏 Apples, 1 kg or 2.2 lb
$1.75
$3.55
🍌 Banana, 1 kg or 2.2 lb
$2.37
$2.67
🍊 Oranges, 1 kg or 2.2 lb
$1.6
$3.41
🍅 Tomato, 1 kg or 2.2 lb
$1.32
$5.8
🥔 Potato, 1 kg or 2.2 lb
$0.57
$3.52
🧅 Onion, 1 kg or 2.2 lb
$0.52
$2.2
🌊 Water, 1 L or 1 qt
$0.39
$1.27
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.43
$3.01
🍾 Wine (mid-priced), 750 mL bottle
$12.1
$24.2
🍺 Beer, 0.5 L or 16 fl oz
$2.18
$3.95
🚬 Cigarette pack
$2.19
$14
💊 Cold medicince, 1 week
$3.32
$12.7
🧴 Hair Shampoo
$3.23
$5.93
🧻 Toilet paper, 4 rolls
$2.1
$5.26
👄 Toothpaste, 1 tube
$2.29
$3.63
Other
🏋️ Gym Membership, 1 month
$57.5
$95.3
🎫 Cinema Ticket, 1 person
$7.96
$18.6
👩‍⚕️ Doctor's visit
$57.5
$93.8
💇 Haircut, simple
$8.88
$46.1
👖 Brand Jeans
$54.7
$144
👟 Brand Sneakers
$105
$176
👶 Daycare or Preschool, 1 month
$1021
$408
🏫 International Primary School, 1 year
$20004
$30361

Cost of living in other countries

Cost of living

More cities to compare

Cost of Living in the nearest cities

Cities near Istanbul

Distance City Cost of living
40 km or 25 mi Cayirova
$671
46 km or 28 mi Gebze
$652
73 km or 45 mi Korfez
$817
79 km or 49 mi Kocaeli
$867
83 km or 51 mi Golcuk
$828
87 km or 54 mi Izmit
$945
91 km or 56 mi Kapakli
$733
92 km or 57 mi Bursa
$894
96 km or 59 mi Kartepe
$836
98 km or 61 mi Corlu
$691
111 km or 69 mi Bandirma
$731
113 km or 70 mi Inegol
$769
121 km or 75 mi Tekirdag
$590
124 km or 77 mi Adapazari
$543
124 km or 77 mi Sakarya
$681
129 km or 80 mi Bilecik
$806
141 km or 88 mi Luleburgaz
$688
166 km or 103 mi Kirklareli
$552
176 km or 110 mi Balikesir
$746
186 km or 115 mi Duzce
$662
190 km or 118 mi Eskisehir
$748
192 km or 120 mi Uzunkopru
$819
197 km or 122 mi Kutahya
$601
207 km or 129 mi Burgas
$872
208 km or 129 mi Karadeniz Eregli
$711
214 km or 133 mi Edirne
$1137
224 km or 139 mi Bolu
$705
234 km or 145 mi Soma
$752
236 km or 147 mi Canakkale
$712
259 km or 161 mi Varna
$1099
260 km or 162 mi Alexandroupoli
$1029
261 km or 162 mi Yambol
$644
261 km or 162 mi Usak
$698
284 km or 177 mi Afyonkarahisar
$626
287 km or 178 mi Sliven
$607
290 km or 180 mi Salihli
$742
290 km or 180 mi Bartin
$710
295 km or 184 mi Manisa
$767
296 km or 184 mi Mytilene
$1079
299 km or 186 mi Komotini
$1041

Cities near Reykjavik

Distance City Cost of living
6.8 km or 4.2 mi Kopavogur
$3219
9.8 km or 6.1 mi Hafnarfjorur
$3212
38 km or 24 mi Keflavik
$2621
247 km or 153 mi Akureyri
$2974
795 km or 494 mi Torshavn
$2066
1204 km or 748 mi Inverness
$2053
1230 km or 764 mi Elgin
$1540
1300 km or 808 mi Derry
$1620
1309 km or 813 mi Greenock
$1645
1321 km or 821 mi Aberdeen
$1848
1325 km or 823 mi Perth
$1656
1328 km or 825 mi Stirling
$1852
1331 km or 827 mi Paisley
$1906
1333 km or 828 mi Alloa
$1862
1337 km or 831 mi Glasgow
$2121
1339 km or 832 mi Dundee
$1585
1340 km or 833 mi Omagh
$1769
1341 km or 833 mi Cumbernauld
$1652
1342 km or 834 mi Irvine
$1707
1348 km or 838 mi East Kilbride
$1902
1349 km or 838 mi Kilmarnock
$1568
1351 km or 839 mi Dunfermline
$1782
1353 km or 841 mi Hamilton
$1854
1357 km or 843 mi Ayr
$1588
1360 km or 845 mi Kirkcaldy
$1821
1365 km or 848 mi Livingston
$1784
1372 km or 852 mi Edinburgh
$2331
1382 km or 859 mi Newtownabbey
$1892
1387 km or 862 mi Belfast
$1954
1390 km or 864 mi Bangor
$1496
1391 km or 864 mi Lisburn
$1945
1401 km or 871 mi Alesund
$1980
1413 km or 878 mi Galway
$2978
1425 km or 886 mi Dundalk
$2179
1431 km or 889 mi Dumfries
$1490
1433 km or 891 mi Nuuk
$2363
1441 km or 895 mi Molde
$2135
1454 km or 903 mi Kristiansund
$1984
1455 km or 904 mi Drogheda
$2627
1455 km or 904 mi Bergen
$2409