🇹🇷 Turkey · #368 of 538 cities · 2026

Cost of Living in Izmir

Close to the Turkey average

Ranked #368 of 538 cities · More expensive than 31.6% of cities worldwide

Compared to Turkey average

Rent Prices

Rent Prices in Izmir

Apartment City Centre Outside Centre You Save
1-Bedroom TRY 19,474/mo ≈ $424 TRY 14,606/mo ≈ $318 25%
3-Bedroom TRY 33,896/mo ≈ $738 TRY 25,422/mo ≈ $554 25%
Estimated from rent index. Actual prices vary. · 2026

Cost Indices

Cost of Living
+1.6% Average
Rent
+1.2% Average
Groceries
+2.0% Average
Restaurants
+1.2% Average
Purchasing Power
+4.2% Average

Living in Izmir: What to Expect

Izmir is average by global standards (ranked #368 of 538 cities). It is 1.6% more expensive than the Turkey average, based on 7 cities.

Groceries are average, while dining out is average. Rent offers the best value, while Groceries is the priciest.

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

Similar Cities

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