admin 2023-03-21

Cost of living in Turkey

Undoubtedly, wherever in the world we are dreaming of going, the cost of living is a driving factor that helps us decide.

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The cost of living in Turkey for international students is surprisingly much less than elsewhere for everyday expenses.

The cost of living in Turkey is $540, which is 1.81 times less expensive than the world average. Turkey ranked 166th out of 197 countries by cost of living and the 79th best country to live in.

The average salary after taxes in Turkey is $401, which is enough to cover living expenses for 0.7 months.

the average monthly cost for a student in the UK is around £900 to £1,300 (nearly $1,075 to $1,553) per month. The cost in Turkey is at least 35 percent lower, with an average of $689. For the average monthly cost of living for a working individual, excluding rent, Turkey is also 58.6 percent cheaper at $408 compared to $985 in the US.

 

No doubt A family that does not have to pay rent would save more than 15% and can have a good lifestyle.

We can help you to Buying property in Turkey as a foreigner (link)

 

cost of living in Istanbul

The cost of living in Istanbul varies according to your lifestyle, area, budget, and the city’s present economic state. If you are a student or have a limited income, you may find low-cost housing, food, and entertainment in the city. If you have a lot of money, you can live comfortably in Istanbul and have access to a lot of high-end goods and services.

The most expensive places are huge cities where all the prices are higher, including rents, daily transport costs, food shopping, and services.

In Turkey, as in any other country, the most expensive places to live are busy hubs of business, tourism, and economics.

Even those would cost you much less per month than similar cities in western nations.

In general, the cost of living in Istanbul is slightly higher than in other Turkish cities, but a middle-range budget will allow you to live comfortably.