Turkey

Compared with Iceland, using real observed prices.

Baseline: Iceland = 1×

Turkey vs

Iceland

Overall verdict

Turkey is about 0.55× Iceland.

Average across 2 categories, 7 items with data

The shape of prices (vs Iceland = 1×)

How to read this

The centre line is Iceland. A bar running right means Turkey is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.

← Cheaper than

Iceland Iceland = 1×

Turkey is pricier →

⛽ Transport 2 items

×0.82
⚡ Utilities 1 item

×0.37

Thin bar shows the range (cheapest to priciest item in the category)

In Turkey, Diesel 1L costs 0.8× what it does in Iceland — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is energy, not the goods that carry a world price.

Real prices. Real sources. Real dates.

Diesel 1L 1 L ×0.84

Turkey ISK 199 USD 1.573

Iceland ISK 237 USD 1.878

Observed 2026-07-20 · GlobalPetrolPrices.com
Gasoline 1L 1 L ×0.81

Turkey ISK 176 USD 1.392

Iceland ISK 218 USD 1.727

Observed 2026-07-20 · GlobalPetrolPrices.com
Electricity 1kWh (household) 1 kWh ×0.37

Turkey ISK 8 USD 0.067

Iceland ISK 22 USD 0.179

Observed 2026-04-01 · GlobalPetrolPrices.com