Cost of living comparison

 Ankara, Turkey
compared to
 Keflavik, Iceland
Keflavik vs. Ankara Cost of Living Summary

Keflavik is 2.4 times more expensive than Ankara.

Restaurants
pay 2.7 times more in Keflavik
Groceries
pay 2.6 times more in Keflavik
Transportation
pay 4.1 times more in Keflavik
Housing
pay 2.7 times more in Keflavik
Childcare
pay 46.0% less in Keflavik
Entertainment and Sports
pay 2.5 times more in Keflavik
Clothing
pay 56.9% more in Keflavik

The cost of transportation, restaurants, housing, groceries, entertainment and sports, and clothing in Keflavik are more expensive than in Ankara. Notably, transportation, restaurants, and housing are significantly more expensive in Keflavik.

Keflavik vs. Ankara Cost Breakdown

If you lived in Keflavik instead of Ankara, you would:

pay 2.7 times more for restaurants

 
Ankara
Keflavik
Basic meal with drink at inexpensive restaurant $8.72
TRY348.20
$20.00
ISK2,423
Fast food combo meal
McDonalds, or similar
$7.27
TRY290.17
$15.10
ISK1,829
Bottle of Coca-Cola (11 fl. oz) $1.27
TRY50.72
$2.88
ISK349

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pay 2.6 times more for groceries

 
Ankara
Keflavik
Bread
1 loaf
$0.83
TRY33.30
$3.61
ISK437
Local cheese (8 oz) $4.61
TRY183.94
$7.76
ISK940
Milk (1 gallon) $3.90
TRY155.73
$6.40
ISK776

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pay 4.1 times more for transportation

 
Ankara
Keflavik
Gasoline (1 gallon) $4.81
TRY192.16
$8.49
ISK1,029
Monthly public transit pass $8.72
TRY348.20
$80.36
ISK9,736
New Volkswagen Golf 1.4 (standard edition) $44,845.33
TRY1,789,759.25
$42,450.45
ISK5,143,297

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pay 2.7 times more for housing

 
Ankara
Keflavik
Internet connection
50 mbps or faster, cable/dsl
$11.50
TRY459.05
$64.86
ISK7,859
1-Bedroom apartment in downtown area $592.54
TRY23,647.87
$1,345.35
ISK163,002
1-Bedroom apartment outside city center $399.36
TRY15,938.36
$960.96
ISK116,430

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pay 46.0% less for childcare

 
Ankara
Keflavik
Private preschool for 1 child, monthly $502.10
TRY20,038.65
$252.14
ISK30,549
Middle school for 1 child, two semesters $10,388.60
TRY414,604.96
$5,993.99
ISK726,232

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pay 2.5 times more for entertainment and sports

 
Ankara
Keflavik
Domestic/local beer (1 pint) $3.49
TRY139.28
$7.57
ISK917
Cappuccino in mid-range area $2.84
TRY113.45
$3.57
ISK432
Pack of cigarettes
Marlboro or similar
$2.04
TRY81.25
$10.77
ISK1,305

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pay 56.9% more for clothing

 
Ankara
Keflavik
Regular jeans
Levi's brand
$56.66
TRY2,261.31
$108.97
ISK13,203
Regular dress
from H&M or similar store
$45.57
TRY1,818.62
$49.72
ISK6,024
Running shoes
Nike or Adidas
$104.18
TRY4,157.94
$151.85
ISK18,399

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The statistics used to build this comparison are calculated using data from users just like you. We average the price of thousands of data points entered by users across the world. Learn more about our data sources. Page last updated: July 2025
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See the cost of living in Turkey vs. Iceland. This provides a comparison of the average cost of living from cities within Turkey and Iceland.

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