Is Izmir more expensive than Istanbul?

Izmir is 6.7% cheaper than Istanbul overall. Rent is 34.8% lower, groceries 3.6% cheaper, and restaurants 15.6% cheaper.

Which city has better purchasing power, Istanbul or Izmir?

Istanbul has a purchasing power index of 60.1 while Izmir has 70.8 (NYC = 100). Izmir offers better purchasing power.

Cost of Living Comparison · 2026

🇹🇷 Istanbul vs 🇹🇷 Izmir

2026

Izmir is 6.7% cheaper

Category	🇹🇷 Istanbul	🇹🇷 Izmir	Difference
Cost of Living	47.6	44.4	-6.7%
Rent	22.4	14.6	-34.8%
Groceries	46.7	45.0	-3.6%
Restaurants	48.0	40.5	-15.6%
Purchasing Power	60.1	70.8	+17.8%

Data verified Q1 2026 · Source: Numbeo cost-of-living indices (NYC = 100 baseline) · Indices reflect relative costs; absolute prices vary by neighbourhood.

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🇹🇷 Cost of Living in Istanbul

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🇹🇷 Should I Move to Istanbul?

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🇹🇷 Should I Move to Izmir?