Cost of Living in Istanbul vs Akureyri

Cost of living in Istanbul is 47% lower than in Akureyri (without rent).

Rent in Istanbul is 55% cheaper than in Akureyri.

Cost of living including rent in Istanbul is 51% lower than in Akureyri.

Food in Istanbul is 57% cheaper than in Akureyri.

Transport in Istanbul is 41% more expensive than in Akureyri.

Istanbul vs. Akureyri Comparision

Istanbul Akureyri
Cost of Living, including rent
1,125 $
2,300 $
Without Rent
538 $
1,007 $
Rent & Utilities
587 $
1,293 $
Food
308 $
717 $
Transport
117 $
83 $
Monthly Salary, after tax
820 $
3,866 $
Quality of Life
77
63
Population
15.5M
19.9K

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Istanbul Akureyri

Restaurants

Lunch menu,
inexpensive restaurant
8.84 $ 22 $
Dinner, for 2 41 $ 118 $
Fast food, McDonalds or KFC 7.35 $ 18.4 $
Beer, 0.5 L or 16 fl oz 4.29 $ 9.69 $
Capuccino 3.27 $ 4.12 $
Coke, 330ml 1.42 $ 2.85 $

Markets

Milk, 1 L or 1 qt 1.06 $ 1.73 $
Bread, 0.5 kg or 1 lb 0.8 $ 3.01 $
Rice, 1 kg or 2 lb 1.47 $ 2.21 $
Eggs, 12 pack 1.94 $ 4.59 $
Cheese, 1 kg or 2 lb 9.45 $ 9.88 $
Chicken Breast, 1 kg or 2 lb 6.14 $ 15.5 $
Round Steak, 1 kg or 2 lb 18.8 $ 26 $
Apples, 1 kg or 2 lb 1.19 $ 1.84 $
Banana, 1 kg or 2 lb 2.14 $ 2.81 $
Oranges, 1 kg or 2 lb 1.05 $ 2.64 $
Potatoes, 1 kg or 2 lb 0.66 $ 1.33 $
Onions, 1 kg or 2 lb 0.57 $ 1.59 $
Water, 1 L or 1 qt 0.27 $ 1.23 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.49 $ 2.74 $
Wine, 750 mL bottle 10.7 $ 20 $
Beer, 0.5 L or 16 fl oz 2.02 $ 3.28 $
Cigarette pack 2.01 $ 11.2 $

Transport

Local transport ticket, One-way Ticket 0.58 $ 4.33 $
Monthly pass, Monthly Ticket 39.7 $ 73.8 $
Gas or petrol, 1 L or 0.26 gal 1.25 $ 2.22 $
Taxi, 8 km 5.27 $ 24.9 $

Personal Care

Doctor visit, private clinic 70.6 $ 83.2 $
Cold medicine, for 1 week 3.18 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.25 $ 5.34 $
Toilet paper, 4 rolls 1.93 $ 4.78 $
Toothpaste, 1 tube 2.73 $ 3.32 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
40.5 $ 83 $
Utility bill - family,
electricity, heating, water & garbage
63.2 $ 126 $
Internet plan,
+60 Mbps
12.9 $ 95.8 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 475 $ 1,090 $
3 Bedroom Apartment, outside of center, 85 sq.m 921 $ 1,746 $
1 Bedroom Apartment, in city center, 40 sq.m 769 $ 1,208 $
3 Bedroom Apartment, in city center, 85 sq.m 1,529 $ 2,019 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 3,275 $ 4,445 $
Price per Square Meter to Buy House, in suburbs 1,719 $ 4,283 $

Salaries and Financing

Average Monthly Net Salary, after tax 820 $ 3,866 $
Mortgage Interest Rate, for 20 years fixed-rate 45.66 % 5.93 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 45.2 $ 56 $
Cinema, 1 seat 5.86 $ 14 $
Haircut 12.8 $ 46.8 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 94.3 $ 142 $
Brand Jeans, Levis 501 51.8 $ 125 $

Childcare

Preschool, full day, monthly for 1 child 626 $ 297 $
International Primary School, yearly for 1 child 13,982 $ 6,208 $