The cost of living in Türkiye can vary depending on the city and lifestyle, but generally, it is lower compared to many Western European countries and the United States. Here's a breakdown of some common expenses:
Housing: Rental prices in Türkiye can vary significantly depending on the city and neighborhood. Istanbul tends to have the highest rental prices, followed by other major cities like Ankara and Izmir. Outside of major urban areas, housing costs are generally lower. In İstanbul generally rents starting from 15000 turkish lira for nice place
Food: The cost of groceries in Türkiye can be relatively affordable, especially if you shop at local markets and supermarkets. Eating out can also be reasonable, with many options for inexpensive meals, particularly traditional Turkish cuisine. Monthly groceries can be in total 5000 turkish lira depending on what you purchase
Transportation: Public transportation in Turkish cities is generally affordable, with options like buses, metro, trams, and ferries. Istanbul has a more extensive public transportation system compared to other cities. Fuel prices for private vehicles can fluctuate but are often lower compared to many European countries.
Utilities: Utility costs including electricity, water, heating, and internet can vary based on usage and location. In general, these expenses are moderate compared to Western European countries. Due to increase on gas and electricity total can be around 4000 – 5000 turkish lira
Healthcare: Türkiye has both public and private healthcare systems. Public healthcare is generally more affordable, but private healthcare offers higher quality services at a higher cost. Health insurance can also impact healthcare expenses.
Education: If you have children, the cost of education can vary depending on whether you choose public or private schools. Private schools typically have tuition fees, while public schools are generally free or have nominal fees.
Entertainment and Leisure: The cost of entertainment activities such as dining out, going to the movies, or visiting cultural sites can vary. In general, there are plenty of affordable options for entertainment in Türkiye. Depending on area but in istanbul it might cost 8000 9000 monthly
Taxes: Tax rates in Türkiye can vary depending on income level and other factors. It's essential to understand the tax system if you plan to work or do business in Türkiye.
Overall, while certain expenses may be lower in Türkiye compared to Western countries, it's crucial to research specific costs based on your location and lifestyle preferences. Additionally, exchange rates can impact the cost of living for expatriates and foreigners living in Türkiye.