City Comparison

Stockholm vs Izmir

Cost of Living Comparison 2026

Izmir is ~60% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Stockholm

Sweden

COL+Rent

51

Rent Index

32.7

Groceries

59.6

Restaurant

62.4

Izmir

Turkey

COL+Rent

20.2

Rent Index

8.2

Groceries

32.1

Restaurant

28.2

Monthly Cost Comparison

CategoryStockholmIzmirDiff
Rent (1BR City)$1,449$344+$1,105
Rent (1BR Outside)$1,139$226+$913
Groceries$339$205+$134
Restaurant Meal$17$8+$9
Transit Pass$93$20+$73
Utilities$103$49+$54

Monthly Budget Comparison

LifestyleStockholmIzmir
Minimal$1,640/mo$471/mo
Typical$2,239/mo$738/mo
Comfortable$2,779/mo$951/mo

Purchasing Power Equivalence

Budget in Stockholm≈ in IzmirDifference
$1,500/mo$594/mo-$906
$2,000/mo$792/mo-$1,208
$3,000/mo$1,188/mo-$1,812

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Stockholm vs Izmir for Expats & Remote Workers

Our data shows Izmir is approximately 60% more affordable than Stockholm when combining rent and daily living costs. Stockholm's COL+Rent Index of 51 vs Izmir's 20.2 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.

Housing is the biggest differentiator: a city-center one-bedroom in Stockholm costs $1,449/month versus $344/month in Izmirgiving Izmir a $1,105/month advantage on housing alone. Over a full year, this rent difference alone amounts to $13,260 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Stockholm ($339/mo) vs Izmir ($205/mo) reflect Izmir's lower food prices, while restaurant meals at $17 vs $8 show Izmir offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Izmir offers meaningfully better value — your typical monthly budget of $738 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

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Frequently Asked Questions

Is Stockholm or Izmir cheaper to live in?
Izmir is approximately 60% cheaper overall. Stockholm's COL+Rent Index is 51 vs Izmir's 20.2 (NYC = 100).
How much is rent in Stockholm vs Izmir?
A 1BR in Stockholm city center costs ~$1,449/mo vs $344/mo in Izmir. Outside the center: $1,139 vs $226.
What is $2,000/month in Stockholm worth in Izmir?
Using cost-of-living adjustment, $2,000/month in Stockholm has the purchasing power of approximately $792/month in Izmir.
Are groceries cheaper in Stockholm or Izmir?
Monthly groceries cost approximately $339 in Stockholm vs $205 in Izmir. Groceries Index: 59.6 vs 32.1 (NYC = 100).