Is Izmir more expensive than Istanbul?

Izmir is 9.2% cheaper than Istanbul overall. Rent is 36.6% lower, groceries 4.1% cheaper, and restaurants 19.4% cheaper.

Which city has better purchasing power, Istanbul or Izmir?

Istanbul has a purchasing power index of 69.3 while Izmir has 79.0 (NYC = 100). Izmir offers better purchasing power.

Cost of Living Comparison · 2026

🇹🇷 Istanbul vs 🇹🇷 Izmir

2026

Izmir is 9.2% cheaper

Category	🇹🇷 Istanbul	🇹🇷 Izmir	Difference
Cost of Living	45.7	41.5	-9.2%
Rent	22.4	14.2	-36.6%
Groceries	43.8	42.0	-4.1%
Restaurants	48.5	39.1	-19.4%
Purchasing Power	69.3	79.0	+14.0%

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?