Cost of living and prices in İstanbul, prices of food, rent, shopping, etc. 🇹🇷
Updated Jul 2023

Explore the cost of living in Istanbul, Turkey - a city located in Western Asia at coordinates 41.00824 latitude and 28.97836 longitude, with an elevation of 39 meters above sea level.

Istanbul has a population of 14.8 million people and operates on the Europe/Istanbul time zone, GMT: 3.0. Known for its rich history, culture, and stunning architecture, Istanbul offers a unique and vibrant experience for both locals and visitors. From the bustling Grand Bazaar to the breathtaking Bosphorus strait, Istanbul boasts a variety of attractions and experiences that you won't find anywhere else.

While the cost of living in Istanbul may vary depending on your lifestyle and needs, it offers a relatively affordable option compared to other European cities. With a favorable exchange rate and a diverse range of housing, transportation, and food options, Istanbul is a great choice for those looking for an exciting and affordable living experience.

Additionally, Istanbul offers a thriving job market, endless entertainment options, and a welcoming community that makes it easy to call this vibrant city home. Whether you're a student, young professional, or retiree, Istanbul has something for everyone.

Cost of Living Estimate in İstanbul

Total cost of living in İstanbul for two person with average consumption for one month will be 543.33 USD, no rent price included. Click here to calculate cost-of-living estimate in İstanbul

You can calculate cost of living in İstanbul by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

If you are a foodie or a traveling food enthusiast, İstanbul, Turkey will definitely not disappoint you! With a rich cultural history and a diverse culinary scene, İstanbul offers a wide range of options when it comes to dining out. Turkish cuisine is a mix of Middle Eastern, Mediterranean, and Balkan flavors, which makes it unique and delicious. From traditional meze plates to meaty kebabs, İstanbul has something to offer for everyone. Most of the restaurants in the city boast stunning views of the Bosphorus, which makes dining even more special. Whether you choose one of the family-owned street food stalls or upscale restaurants, the experience will be unforgettable.

Another unique aspect of İstanbul's dining scene is the vibrant street food culture. If you are on a budget or just want to try something quick and delicious, street vendors are the way to go. Istanbul’s street food scene is famous, and with good reason. You can try a crispy lahmacun, a juicy doner kebab, a fresh simit, or a traditional börek, all of which are delicious and affordable. The city also has a bustling fish market where you can try freshly caught seafood, or even catch your own fish and have it prepared for you on the spot. With so many options, eating your way through İstanbul is a must for anyone visiting the city!

Meal in Inexpensive Restaurant
4.02 $
Meal for 2 People, Mid-range Restaurant, Three-course
20.12 $
McMeal at McDonalds or Alternative Combo Meal
3.76 $
Domestic Beer, 0.5 liter Draught
2.25 $
Imported Beer, 0.33 liter Bottle
3.01 $
Cappuccino
1.87 $
Coca-Cola, 0.33 liter Bottle
0.66 $

Markets prices

Istanbul is known for its vibrant markets and bustling bazaars, offering a wide range of goods from traditional Turkish carpets to luxurious fashion items. As a result of the demand and supply, prices of products can vary greatly depending on the location, quality, and uniqueness of the item. While some tourists may find the prices to be on the higher side, it is important to remember that bargaining and negotiation is an expected part of the shopping experience in Istanbul.

Additionally, the prices of products in Istanbul can fluctuate depending on the time of year and current economic conditions. For example, during peak tourist seasons, prices may be higher due to the increased demand from visitors who are willing to pay more for souvenirs and gifts. On the other hand, during slow seasons, prices may be more negotiable as vendors may be more willing to make a sale. Ultimately, the market prices in Istanbul can be viewed as an opportunity for visitors to immerse themselves in the culture and practice the art of bargaining while finding unique and high-quality items.

Water, 0.33 liter Bottle
0.27 $
Milk, Regular,1 liter
0.76 $
Loaf of Fresh White Bread, 0.5 kg
0.39 $
White Rice, 1 kg
1.69 $
Eggs, 12 pack
1.64 $
Local Cheese, 1 kg
6.11 $
Chicken Breasts, Boneless and Skinless, 1 kg
3.20 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
9.71 $
Apples, 1 kg
0.89 $
Banana, 1 kg
1.99 $
Oranges, 1 kg
1.06 $
Tomato, 1 kg
0.76 $
Potato, 1 kg
0.45 $
Onion, 1 kg
0.43 $
Lettuce, 1 head
0.63 $
Water, 1.5 liter Bottle
0.33 $
Bottle of Wine, Mid-Range Price
7.38 $
Domestic Beer, 0.5 liter Bottle
1.80 $
Imported Beer, 0.33 liter Bottle
2.47 $
Pack of Cigarettes
2.41 $

Transportation prices

Istanbul is a bustling city with various transportation options available to help you get around. One of the most popular is the tram system, which runs throughout the city and is an affordable and efficient way to travel. The tram lines cover many of Istanbul's top tourist destinations, such as the Grand Bazaar, Hagia Sophia, and the Blue Mosque, among others. For those who prefer to travel by water, there are also ferry boats that offer scenic views of the Bosphorus Strait. These ferries are a fun and unique way to see the city and reach destinations across the water.

If you're looking for a more traditional way to get around, you can try the dolmus - a shared taxi service. These little minibusses are a common sight in Istanbul, and they're a great option for getting around on a budget. They operate on set routes and stop to pick up and drop off passengers along the way. Another option is the metro and bus systems, which make it easy to explore the city from above ground or below. However, during peak hours, they can become overcrowded, so it's a good idea to plan your travel times accordingly. Overall, Istanbul offers a range of transportation choices that are convenient and easy to use, making it accessible to anyone visiting the city.

One-way Ticket, Local Transport
0.47 $
Monthly Pass, Regular Price
36.89 $
Taxi Start, Normal Tariff
0.67 $
Taxi, price for 1 km, Normal Tariff
0.44 $
Taxi, price for 1 hour Waiting, Normal Tariff
4.02 $
Gasoline, 1 liter
0.91 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
30,850.74 $

Utilities Per Month prices

If you're planning to travel to Istanbul, Turkey, it's important to note that utilities can be quite expensive in the city. Electricity bills can be especially high during the summer months when air conditioning is necessary to combat the heat. It's recommended to be conscious of energy usage and turn off appliances and lights when not in use to save on costs. Additionally, water bills can be a significant expense if you're not mindful of water usage. Many locals have made the switch to water-saving appliances and fixtures to reduce costs.

Another thing to keep in mind is that natural gas is widely used for heating homes during the colder months. While this can be a cost-effective option to keep homes warm, it's important to shop around for the best rates and deals as prices can vary depending on the provider. Additionally, gas leaks are a concern in Istanbul so it's important to have gas appliances regularly checked for safety. Overall, being mindful of energy and resource usage can help travelers save on utilities costs and reduce their impact on the environment while exploring the beautiful city of Istanbul.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
67.22 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.10 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
14.75 $

Sports And Leisure prices

İstanbul is a sports lover's paradise! From football to basketball and even polo, the city is home to a variety of sports and leisure activities. Football is certainly the most popular sport, with the biggest teams being Beşiktaş, Galatasaray, and Fenerbahçe. Each team has its own stadium and passionate fans. Visitors can experience the excitement of attending a match and also enjoy the fan culture that surrounds the game. Apart from football, basketball is also quite popular and draws large crowds. One can also try their hand at traditional sports such as archery or even horseback riding to experience the city's cultural history.

For those who prefer a more leisurely pursuit, İstanbul has an active cafe culture. Drinking tea or coffee with friends while playing backgammon is a popular pastime in the city. A walk through İstanbul's historic neighborhoods such as Kadıköy or Beşiktaş provides visitors with a glimpse of local life and also offers an opportunity for people-watching. Visiting a Turkish bath, or hamam, is a unique experience that allows one to relax and rejuvenate in the traditional way. İstanbul also offers stunning views of the Bosphorus from various vantage points, including rooftop bars and restaurants. With so much to do, İstanbul has something for everyone, whether you're a sports enthusiast or seeking a more laid-back experience!

Fitness Club, Monthly Fee for 1 Adult
23.90 $
Tennis Court Rent, 1 Hour on Weekend
16.65 $

Salaries And Financing prices

Istanbul is one of the most vibrant and exciting cities in Turkey, with a booming economy and many opportunities for work. In general, salaries in Istanbul tend to be higher than in other parts of Turkey, due to the city's importance as a cultural and economic center. However, the cost of living in Istanbul can also be high in some areas, so it is important to budget carefully and choose accommodations and activities that fit your budget.

When it comes to financing, Istanbul has a robust financial sector that offers many services and products to both locals and visitors. You can find the major banks represented here, as well as many other types of financial institutions and service providers. Whether you need to exchange currency, withdraw cash, or apply for a loan or credit card, you should have no trouble finding what you need in Istanbul. Just keep in mind that some financial transactions may require additional documentation or time to complete, so it's always a good idea to plan ahead and allow plenty of time for any financial tasks you need to take care of while you're in Istanbul.

Cinema ticket, 1 Seat
4.02 $
Average Monthly Net Salary, After Tax
452.81 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
14.35 %

Childcare prices

Childcare prices in Istanbul, Turkey vary depending on the type of childcare facility. Schools that offer childcare services often have higher prices as they provide academic programs as well. However, in contrast, Kindergartens usually have lower prices compared to schools.

Furthermore, the location of the childcare facility also affects the price. Childcare centers located in the city center or in prestigious districts of Istanbul tend to have higher prices due to the high demand in the area. On the other hand, childcare centers in the suburbs or less expensive neighborhoods may offer lower prices but they may not be as conveniently located or offer the same level of services as those in more expensive areas.

Private Preschool or Kindergarten, Monthly for 1 Child
271.91 $
International Primary School, Yearly for 1 Child
6,939.89 $

Clothing And Shoes prices

If you are looking for trendy clothing and shoes at affordable prices, Istanbul is one of the best cities for shopping in Turkey. From street markets to luxury malls, you can find anything and everything you need to update your wardrobe. If you are looking for the latest fashion trends, head to some of the popular shopping districts in Istanbul such as Taksim or Istiklal Avenue. Besides, Istanbul is also known for its historical shopping bazaars, such as the Grand Bazaar and the Spice Bazaar, where you can find unique handmade items, traditional clothing, and local souvenirs. Istanbul has something for everyone when it comes to clothing and shoes shopping, so make sure to explore every corner to find the best deals and quality products.

One of the reasons why Istanbul is a must-visit destination for shopping is its diverse selection of stores and markets. If you are looking for luxury brands and high-end shops, then head to the biggest shopping malls in Istanbul. Otherwise, you can check out the local markets that offer a unique shopping experience, where you can bargain and haggle for the best prices. Istanbul also has many online stores that offer fashion items and shoes, so you can order your favorite products from the comfort of your home. Whatever your style and budget, Istanbul has something to offer when it comes to clothing and shoes shopping, so make sure to plan your shopping itinerary before you set foot in the city.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
34.54 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
24.42 $
Pair of Running Shoes, Mid-Range Price
67.49 $
Pair of Leather Business Shoes
51.87 $

Rent Per Month prices

Looking for a short-term stay in the beautiful city of Istanbul? You're in luck! There are plenty of options available to suit every style and budget, whether you're looking for a cozy apartment or a luxurious villa. With short rent options available all over the city, you can choose to stay in the bustling city center or in quieter neighborhoods that are perfect for relaxation. Short-term rentals in Istanbul can give you the comfort and convenience of a home away from home, with the added bonus of being located in one of the most vibrant and culturally rich cities in the world.

From fully furnished apartments for solo travelers to spacious villas for families, there's a short-term rental option in Istanbul that can meet your unique needs. Some properties come with additional amenities like fitness centers, swimming pools, and breathtaking views of the city's iconic landmarks. Whether you're planning a quick getaway or a longer stay, you'll find that short-term rentals in Istanbul offer great value and flexibility. So why not take advantage of all that Istanbul has to offer and book your short-term stay today?

One bedroom apartment in city centre
317.74 $
One bedroom apartment outside of city centre
181.00 $
Three bedroom apartment in city centre
572.94 $
Three bedroom apartment outside of city centre
330.81 $

Buy Apartment prices

Istanbul, the largest city in Turkey, offers a range of real estate buying options. From modern high-rise apartments to traditional houses and villas, there is something for everyone. Istanbul's real estate market is one of the most dynamic in the world, with prices varying depending on the location, property type, and other factors. The city's booming economy and strategic location at the crossroads of Europe and Asia have attracted investors, making Istanbul an attractive destination for property buyers.

One of the unique aspects of Istanbul's real estate market is the city's rich history and cultural heritage, which is reflected in many of the properties available for purchase. Many buildings feature striking Ottoman architecture, providing a glimpse into the country's past. For those wanting a more modern lifestyle, there are also plenty of sleek, contemporary apartments and high-end properties available. Whatever the preference, Istanbul's real estate market has something for everyone and offers an excellent opportunity to invest in a city that is fast becoming one of the world's top destinations.

Price per m2 to Buy Apartment in City Center
1,396.60 $
Price per m2 to Buy Apartment Outside of City Center
645.73 $