The average home rental price for whole Istanbul is about 35-45 TL per square meters, which means a 100m2 flat renting price is between 3500-5000 TL. The home rental prices for the cheap districts and neighborhoods are between 20-25 TL per square meters, which means a 100m2 flat renting price is between 2500-3000 TL.
How much is average rent in Turkey?
Cost of Living Averages Table for Turkey
| Average Restaurant Prices | |
|---|---|
| Average Rent Prices | |
| Apartment (1 bedroom) in City Center | $255.19 |
| Apartment (1 bedroom) Outside of Center | $158.57 |
| Apartment (3 bedrooms) in City Center | $444.42 |
How much does it cost to live in Turkey per month?
Summary: Family of four estimated monthly costs are 1,255$ (22,461TL) without rent. A single person estimated monthly costs are 358$ (6,415TL) without rent.
Is Turkey expensive to live in?
General Monthly Estimate
Using the assumption that you own your own property and don’t have rent or a mortgage to pay, the cost of living in Turkey is approximately 6.000 TL for a decent lifestyle but rising to 9.000 TL in big cities like Istanbul, Ankara, and Izmir.
How much money do you need to live comfortably in Turkey?
Ideally, you need at least 10,000 lira a month if you own property and do not have to pay rent. However, head to many other places in Turkey where the cost of living is cheaper, and you need on average 7,000 lira a month.
Which city is the cheapest to live in Turkey?
The cheapest cities in Turkey for living
The cheapest Turkish cities to live in are: Sanliurfa, Kayseri, Mersin, Konya, Iskenderun, and Hatay which have a charming nature and a cheap standard of living, but very far from the capital.
How much money do you need to live comfortably in Istanbul?
Summary about cost of living in Istanbul, Turkey: Family of four estimated monthly costs are 1,431$ (25,624TL) without rent. A single person estimated monthly costs are 404$ (7,228TL) without rent. Istanbul is 69.13% less expensive than New York (without rent).
How much does an apartment cost in Turkey?
According to official data published at the end of July 2020, the average cost per square meter of Turkish housing was 2,514 TL (290 euros). The average return on investment is eighteen years. Thus, the average cost of a 2+1 apartment with an area of 100-120 square meters is € 28,000-35,000.
What is the average rent in Istanbul?
The average home rental price for whole Istanbul is about 35-45 TL per square meters, which means a 100m2 flat renting price is between 3500-5000 TL. The home rental prices for the cheap districts and neighborhoods are between 20-25 TL per square meters, which means a 100m2 flat renting price is between 2500-3000 TL.
How much do I need to retire in Turkey?
How Does The Cost of Living In Turkey Compare To The US? Depending on your lifestyle, you can spend between $1,000 to $1,500 per month. My living costs of $1,000 per month are specifically for Antalya, but you’ll find similar rates in any of the expat cities. Istanbul will be the most expensive.
What can 1 USD buy in Turkey?
Istanbul: What a Dollar Can Buy You
- 1 glass of authentic Turkish tea.
- 1 ferry ride to Kadıköy located on the Asian side of Istanbul.
- 1 piece of delicious baklava at Karaköy Güllüoğlu (min.
- 4 liters (1 gal.)
- 1 rides on the tram from lively Karaköy to the historic center of Sultanahmet.
How much is a can of Coke in Turkish Lira?
A Coke in Istanbul is often more expensive than what we pay in the US. I paid between 3 and 4 lira for a 12 oz. can. There are also no free refills on soda in Turkey.
How much is a McDonald’s meal in Turkey?
If you eat at a restaurant on the cheaper side, expect to pay around 20-25 liras. If you are eating a three-course-meal at a mid-range restaurant, the price goes up to 60 to 120 liras. A McDonald’s meal would cost you about 20-25 liras.
How is life in Turkey for foreigners?
With its infrastructure, the standard of living, the low cost of living, the uncomplicated process of getting work permit or residence permit, currency rate of TL, and advantage of getting Turkish citizenship by investment, living in Turkey is a great idea for all foreign nationals.
Is 20 lira a good tip?
20 lira is a good tip and you won’t feel the need to tip so often.
Where do most foreigners live in Turkey?
Working expats tend to gravitate to the big cities like istanbul“>Istanbul and Ankara. Otherwise retirees or anyone fortunate enough to come into money, flock to the coastlines, of which some areas have thriving expat communities.
Is it a good idea to buy a house in Turkey?
Real estate buyers in Turkey have the added advantage over those in Cyprus or Spain, where property prices have already skyrocketed. With minimal annual maintenance and upkeep, well-maintained property in Turkey can bring a massive return on long-term investment.
How much money do you need in Turkey?
You should plan to spend around TRY434 ($24) per day on your vacation in Turkey, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, TRY135 ($7.63) on meals for one day and TRY67 ($3.75) on local transportation.
Is Turkey a good place to retire to?
It’s much less expensive to live in Turkey than it is to live in the U.S. Without accounting for rent, Turkey’s cost of living is 53.56% lower than in the U.S. on average, according to Numbeo, a cost-of-living database. U.S. rent prices are 556.13% higher when stacked against those in Turkey, on average.
Is healthcare in Turkey Good?
A recent study published in The Lancet ranks Turkey’s healthcare system 60th among 195 countries in the world. The increasing number of medical schools and specialists in the country is a sign of this. If you’re planning to live in Turkey, it’s time that you become acquainted with the healthcare system in the country.
Is moving to Turkey a good idea?
Turkey can offer its residents a good climate, an active and healthy lifestyle, and most expats find they get a good value for money when they move to Turkey. To make sure your idea of moving to Turkey works out well for you, learn the ropes beforehand.
Elvira Bowen is a food expert who has dedicated her life to understanding the science of cooking. She has worked in some of the world’s most prestigious kitchens, and has published several cookbooks that have become bestsellers. Elvira is known for her creative approach to cuisine, and her passion for teaching others about the culinary arts.