🇹🇷 Turkey · 2026

Cost of Living in Istanbul

42.4% above the Turkey average

Ranked #350 of 577 cities · More expensive than 39.3% of cities worldwide

+42.4%
Cost of Living
+73.2%
Rent
+9.4%
Groceries
-9.2%
Purchasing Power

Compared to Turkey average · See Turkey ranking →

Rent Prices in Istanbul

Apartment City Centre Outside Centre You Save
1-Bedroom TRY 48,448/mo ≈ $988 TRY 31,211/mo ≈ $637 36%
3-Bedroom TRY 97,562/mo ≈ $1,990 TRY 57,198/mo ≈ $1,167 41%
Numbeo · 2026-10-02

Multi-Source Comparison

★★ Medium Confidence

Istanbul has a cost of living index of 32.9 (New York = 100, rent included), the average of 4 of 4 data sources.

32.9
Index
4
Sources
5.2
Gap between sources

Source Values (NYC = 100)

Numbeo
35.9
Expatistan
34.0
LivingCost
30.7
ShouldIMove price index
31.0

ShouldIMove price index: our own basket of real item prices plus rent.

Eurostat Validation (EU27 = 100) Gov. Data
Eurostat
63.2

Based on 55 country PLI x 1.1 city factor

View all 577 cities | Data last updated: 2026-03-18

Cost Indices

Cost of Living
+42.4% Very expensive
Rent
+73.2% Very expensive
Groceries
+9.4% Expensive
Restaurants
+29.0% Very expensive
Purchasing Power
-9.2% Weak

Living in Istanbul: What to Expect

Istanbul is mid-priced by global standards (ranked #350 of 577 cities). It is 42.4% more expensive than the Turkey average, based on 8 cities.

Groceries are expensive and dining out is very expensive. The best value is groceries and the priciest is rent.

Local purchasing power is limited: residents can afford fewer goods and services than in most cities.

How Does Istanbul Compare?

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