Cost of Living in Istanbul vs Hafnarfjorur

Cost of living in Istanbul is 50% lower than in Hafnarfjorur (without rent).

Rent in Istanbul is 62% cheaper than in Hafnarfjorur.

Cost of living including rent in Istanbul is 57% lower than in Hafnarfjorur.

Food in Istanbul is 60% cheaper than in Hafnarfjorur.

Transport in Istanbul is 42% more expensive than in Hafnarfjorur.

Istanbul vs. Hafnarfjorur Comparision

Istanbul Hafnarfjorur
Cost of Living, including rent
1,125 $
2,602 $
Without Rent
538 $
1,073 $
Rent & Utilities
587 $
1,529 $
Food
308 $
778 $
Transport
117 $
83 $
Monthly Salary, after tax
831 $
3,862 $
Quality of Life
77
72
Population
15.5M
30.6K

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Istanbul Hafnarfjorur

Restaurants

Lunch menu,
inexpensive restaurant
10.74 $ 22.1 $
Dinner, for 2 40.14 $ 107 $
Fast food, McDonalds or KFC 7.61 $ 18.3 $
Beer, 0.5 L or 16 fl oz 5.3 $ 10.1 $
Capuccino 3.32 $ 5.07 $
Coke, 330ml 1.42 $ 2.74 $

Markets

Milk, 1 L or 1 qt 1.09 $ 1.62 $
Bread, 0.5 kg or 1 lb 0.8 $ 3.61 $
Rice, 1 kg or 2 lb 2.14 $ 3.14 $
Eggs, 12 pack 2.24 $ 5.77 $
Cheese, 1 kg or 2 lb 10.34 $ 15.7 $
Chicken Breast, 1 kg or 2 lb 5.88 $ 18.9 $
Round Steak, 1 kg or 2 lb 19.22 $ 32.5 $
Apples, 1 kg or 2 lb 1.3 $ 2.91 $
Banana, 1 kg or 2 lb 1.91 $ 2.27 $
Oranges, 1 kg or 2 lb 1.23 $ 2.72 $
Potatoes, 1 kg or 2 lb 0.89 $ 3.08 $
Onions, 1 kg or 2 lb 0.78 $ 1.67 $
Water, 1 L or 1 qt 0.49 $ 1.22 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 1.49 $ 2.75 $
Wine, 750 mL bottle 13.77 $ 21.2 $
Beer, 0.5 L or 16 fl oz 2.02 $ 3.25 $
Cigarette pack 2.01 $ 12 $

Transport

Local transport ticket, One-way Ticket 0.69 $ 4.39 $
Monthly pass, Monthly Ticket 39.7 $ 71.3 $
Gas or petrol, 1 L or 0.26 gal 1.25 $ 2.29 $
Taxi, 8 km 5.27 $ 24.9 $

Personal Care

Doctor visit, private clinic 70.37 $ 84.3 $
Cold medicine, for 1 week 3.18 $ 11.6 $
Hair shampoo, 400 ml or 12 oz 3.73 $ 5.35 $
Toilet paper, 4 rolls 1.93 $ 4.69 $
Toothpaste, 1 tube 2.77 $ 3.31 $

Utilities per Month

Utility bill - 1 person,
electricity, heating, water & garbage
62.34 $ 44.6 $
Utility bill - family,
electricity, heating, water & garbage
94.73 $ 68.9 $
Internet plan,
+60 Mbps
13.47 $ 71.2 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 546.13 $ 1,371 $
3 Bedroom Apartment, outside of center, 85 sq.m 909.42 $ 2,238 $
1 Bedroom Apartment, in city center, 40 sq.m 987.74 $ 1,586 $
3 Bedroom Apartment, in city center, 85 sq.m 1,676.37 $ 2,434 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 4,443.25 $ 5,359 $
Price per Square Meter to Buy House, in suburbs 2,262.38 $ 4,299 $

Salaries and Financing

Average Monthly Net Salary, after tax 830.86 $ 3,862 $
Mortgage Interest Rate, for 20 years fixed-rate 23.25 % 6.46 %

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 57.67 $ 66.6 $
Cinema, 1 seat 5.86 $ 15 $
Haircut 14.82 $ 47.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 117.3 $ 152 $
Brand Jeans, Levis 501 51.8 $ 113 $

Childcare

Preschool, full day, monthly for 1 child 626 $ 255 $
International Primary School, yearly for 1 child 13,982 $ 6,122 $