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Cost of Living in Istanbul, Turkey

Europe/Asia

Istanbul straddles two continents both geographically and in terms of cost, offering European-style amenities at Asian-accessible prices. The Turkish lira's depreciation has made the city exceptionally affordable for foreign-currency earners, though inflation impacts local residents. The city's rich history, bazaars, and Bosphorus views provide an unmatched backdrop.

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Overall Cost Index

25

Relative to New York City = 100

Monthly Cost Breakdown

CategoryApprox. Cost (USD)
Rent — 1 Bedroom (City Center)$700
Rent — 1 Bedroom (Outside Center)$400
Monthly Groceries$200
Monthly Public Transit Pass$25
Monthly Utilities$60
Estimated Monthly Total$985
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