Turkey has made a huge leap in terms of quality of life, as well as improvements to social conditions in accordance with its ongoing EU negotiations. While Istanbul has become a world-class city, others have also seen major improvements. Political and economic stability, increasing foreign investment and the vision to become a major regional and global power have brought Turkey’s quality of life on par with European countries. Yet, compared to many European countries, cost of life is still relatively low. This is an important factor to keep in mind, while looking to buy property in Turkey. It is one of the biggest reasons why so many people decide to come and invest in Turkish properties, or choose to live in the country. Here is a comparison with Germany based on cost of living figures in 2016:
(Source: numbeo.com)
Cost of Living Comparison TURKEY GERMANY DIFFERENCE
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Restaurants |
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Meal, Inexpensive Restaurant |
15.00 TL |
31.79 TL |
+111.95 % |
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Meal for 2 People, Mid-range Restaurant, Three-course |
55.00 TL |
127.17 TL |
+131.22 % |
|
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McMeal at McDonalds (or Equivalent Combo Meal) |
15.00 TL |
22.26 TL |
+48.37 % |
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Domestic Beer (0.5 liter draught) |
8.00 TL |
9.54 TL |
+19.22 % |
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Imported Beer (0.33 liter bottle) |
10.00 TL |
9.54 TL |
-4.62 % |
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Cappuccino (regular) |
6.55 TL |
8.04 TL |
+22.68 % |
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Coke/Pepsi (0.33 liter bottle) |
2.37 TL |
6.30 TL |
+165.56 % |
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Water (0.33 liter bottle) |
0.80 TL |
5.21 TL |
+550.96 % |
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Markets |
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Milk (regular), (1 liter) |
2.47 TL |
2.34 TL |
-5.03 % |
|
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Loaf of Fresh White Bread (500g) |
1.40 TL |
4.44 TL |
+216.85 % |
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Rice (white), (1kg) |
5.08 TL |
4.62 TL |
-8.99 % |
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Eggs (12) |
5.40 TL |
5.42 TL |
+0.32 % |
|
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Local Cheese (1kg) |
16.51 TL |
24.22 TL |
+46.74 % |
|
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Chicken Breasts (Boneless, Skinless), (1kg) |
11.58 TL |
21.60 TL |
+86.51 % |
|
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Beef Round (1kg) (or Equivalent Back Leg Red Meat) |
42.46 TL |
40.06 TL |
-5.64 % |
|
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Apples (1kg) |
3.13 TL |
6.31 TL |
+101.36 % |
|
|
Banana (1kg) |
5.36 TL |
5.39 TL |
+0.50 % |
|
|
Oranges (1kg) |
2.63 TL |
6.41 TL |
+143.25 % |
|
|
Tomato (1kg) |
2.89 TL |
6.77 TL |
+133.79 % |
|
|
Potato (1kg) |
2.40 TL |
3.46 TL |
+43.98 % |
|
|
Onion (1kg) |
1.88 TL |
4.10 TL |
+118.80 % |
|
|
Lettuce (1 head) |
2.17 TL |
3.04 TL |
+39.81 % |
|
|
Water (1.5 liter bottle) |
1.24 TL |
1.35 TL |
+9.31 % |
|
|
Bottle of Wine (Mid-Range) |
25.00 TL |
15.90 TL |
-36.41 % |
|
|
Domestic Beer (0.5 liter bottle) |
5.45 TL |
2.67 TL |
-51.02 % |
|
|
Imported Beer (0.33 liter bottle) |
7.23 TL |
3.32 TL |
-54.06 % |
|
|
Pack of Cigarettes (Marlboro) |
10.00 TL |
17.17 TL |
+71.68 % |
|
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Transportation |
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|
One-way Ticket (Local Transport) |
2.20 TL |
8.27 TL |
+275.73 % |
|
|
Monthly Pass (Regular Price) |
170.00 TL |
222.55 TL |
+30.91 % |
|
|
Taxi Start (Normal Tariff) |
3.20 TL |
11.13 TL |
+247.73 % |
|
|
Taxi 1km (Normal Tariff) |
2.00 TL |
5.72 TL |
+186.14 % |
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|
Taxi 1hour Waiting (Normal Tariff) |
21.00 TL |
82.66 TL |
+293.63 % |
|
|
Gasoline (1 liter) |
4.58 TL |
4.41 TL |
-3.83 % |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
68,000.00 TL |
60,406.50 TL |
-11.17 % |
|
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Utilities (Monthly) |
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Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment |
264.66 TL |
691.25 TL |
+161.19 % |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
0.48 TL |
0.31 TL |
-34.56 % |
|
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Internet (10 Mbps, Unlimited Data, Cable/ADSL) |
55.52 TL |
74.62 TL |
+34.40 % |
|
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Sports And Leisure |
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Fitness Club, Monthly Fee for 1 Adult |
116.61 TL |
100.19 TL |
-14.08 % |
|
|
Tennis Court Rent (1 Hour on Weekend) |
51.48 TL |
56.12 TL |
+9.02 % |
|
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Cinema, International Release, 1 Seat |
15.00 TL |
31.79 TL |
+111.95 % |
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Clothing And Shoes |
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1 Pair of Jeans (Levis 501 Or Similar) |
133.83 TL |
242.75 TL |
+81.38 % |
|
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1 Summer Dress in a Chain Store (Zara, H&M, ...) |
89.04 TL |
110.32 TL |
+23.90 % |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
183.95 TL |
271.15 TL |
+47.40 % |
|
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1 Pair of Men Leather Business Shoes |
185.50 TL |
322.05 TL |
+73.61 % |
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Rent Per Month |
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Apartment (1 bedroom) in City Centre |
1,038.60 TL |
2,023.75 TL |
+94.85 % |
|
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Apartment (1 bedroom) Outside of Centre |
603.98 TL |
1,442.69 TL |
+138.86 % |
|
|
Apartment (3 bedrooms) in City Centre |
1,821.39 TL |
3,863.63 TL |
+112.13 % |
|
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Apartment (3 bedrooms) Outside of Centre |
1,041.09 TL |
2,839.90 TL |
+172.78 % |
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