Cost of Living Comparison Between Munich and Istanbul 

Indices DifferenceInfo
Cost of Living in Istanbul is 42.6% lower than in Munich (without rent)
Cost of Living Including Rent in Istanbul is 46.1% lower than in Munich
Rent Prices in Istanbul are 52.8% lower than in Munich
Restaurant Prices in Istanbul are 41.1% lower than in Munich
Groceries Prices in Istanbul are 41.0% lower than in Munich
Local Purchasing Power in Istanbul is 56.8% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Istanbul Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(525.14 TL)
8.57 €
(300.00 TL)
     -42.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(2,625.68 TL)
42.85 €
(1,500.00 TL)
     -42.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 €
(385.10 TL)
6.71 €
(235.00 TL)
     -39.0 %
Domestic Beer (1 pint draught) 4.50 €
(157.54 TL)
3.43 €
(120.00 TL)
     -23.8 %
Imported Beer (12 oz small bottle) 4.70 €
(164.54 TL)
4.57 €
(160.00 TL)
     -2.8 %
Cappuccino (regular) 3.79 €
(132.84 TL)
2.67 €
(93.52 TL)
     -29.6 %
Coke/Pepsi (12 oz small bottle) 3.49 €
(122.18 TL)
1.19 €
(41.74 TL)
     -65.8 %
Water (12 oz small bottle) 2.91 €
(101.95 TL)
0.53 €
(18.58 TL)
     -81.8 %
Markets
Munich Edit Istanbul Edit
Milk (regular), (1 gallon) 4.37 €
(152.87 TL)
4.06 €
(142.08 TL)
     -7.1 %
Loaf of Fresh White Bread (1 lb) 2.04 €
(71.41 TL)
0.54 €
(18.93 TL)
     -73.5 %
Rice (white), (1 lb) 1.22 €
(42.89 TL)
0.83 €
(29.05 TL)
     -32.3 %
Eggs (regular) (12) 3.23 €
(113.05 TL)
2.02 €
(70.69 TL)
     -37.5 %
Local Cheese (1 lb) 5.97 €
(209.16 TL)
3.77 €
(132.00 TL)
     -36.9 %
Chicken Fillets (1 lb) 5.83 €
(203.97 TL)
2.43 €
(85.11 TL)
     -58.3 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.54 €
(264.13 TL)
7.12 €
(249.21 TL)
     -5.7 %
Apples (1 lb) 1.24 €
(43.48 TL)
0.53 €
(18.68 TL)
     -57.0 %
Banana (1 lb) 0.74 €
(25.78 TL)
0.78 €
(27.40 TL)
     +6.3 %
Oranges (1 lb) 1.04 €
(36.35 TL)
0.39 €
(13.51 TL)
     -62.8 %
Tomato (1 lb) 1.48 €
(51.80 TL)
0.54 €
(18.96 TL)
     -63.4 %
Potato (1 lb) 0.74 €
(26.07 TL)
0.32 €
(11.18 TL)
     -57.1 %
Onion (1 lb) 0.81 €
(28.34 TL)
0.25 €
(8.64 TL)
     -69.5 %
Lettuce (1 head) 1.83 €
(64.08 TL)
0.97 €
(33.86 TL)
     -47.2 %
Water (1.5 liter bottle) 0.91 €
(31.75 TL)
0.38 €
(13.31 TL)
     -58.1 %
Bottle of Wine (Mid-Range) 5.99 €
(209.70 TL)
8.57 €
(300.00 TL)
     +43.1 %
Domestic Beer (0.5 liter bottle) 0.96 €
(33.47 TL)
1.71 €
(59.99 TL)
     +79.2 %
Imported Beer (12 oz small bottle) 1.56 €
(54.74 TL)
2.43 €
(84.90 TL)
     +55.1 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(287.07 TL)
1.71 €
(60.00 TL)
     -79.1 %
Transportation
Munich Edit Istanbul Edit
One-way Ticket (Local Transport) 3.70 €
(129.53 TL)
0.51 €
(17.70 TL)
     -86.3 %
Monthly Pass (Regular Price) 49.00 €
(1,715.44 TL)
39.65 €
(1,388.00 TL)
     -19.1 %
Taxi Start (Normal Tariff) 5.50 €
(192.55 TL)
0.71 €
(25.00 TL)
     -87.0 %
Taxi 1 mile (Normal Tariff) 4.02 €
(140.85 TL)
0.83 €
(28.97 TL)
     -79.4 %
Taxi 1hour Waiting (Normal Tariff) 38.00 €
(1,330.34 TL)
6.43 €
(225.00 TL)
     -83.1 %
Gasoline (1 gallon) 6.90 €
(241.49 TL)
4.33 €
(151.42 TL)
     -37.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(951,545.77 TL)
39,989.67 €
(1,400,000.00 TL)
     +47.1 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(967,124.79 TL)
40,136.57 €
(1,405,142.74 TL)
     +45.3 %
Utilities (Monthly)
Munich Edit Istanbul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 332.30 €
(11,633.65 TL)
53.56 €
(1,875.12 TL)
     -83.9 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.32 €
(816.45 TL)
8.03 €
(281.15 TL)
     -65.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.68 €
(1,319.05 TL)
10.61 €
(371.58 TL)
     -71.8 %
Sports And Leisure
Munich Edit Istanbul Edit
Fitness Club, Monthly Fee for 1 Adult 46.05 €
(1,612.25 TL)
38.40 €
(1,344.44 TL)
     -16.6 %
Tennis Court Rent (1 Hour on Weekend) 28.25 €
(989.01 TL)
12.78 €
(447.50 TL)
     -54.8 %
Cinema, International Release, 1 Seat 13.00 €
(455.12 TL)
5.71 €
(200.00 TL)
     -56.1 %
Childcare
Munich Edit Istanbul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 845.49 €
(29,599.80 TL)
500.23 €
(17,512.48 TL)
     -40.8 %
International Primary School, Yearly for 1 Child 14,575.00 €
(510,256.79 TL)
10,799.03 €
(378,063.69 TL)
     -25.9 %
Clothing And Shoes
Munich Edit Istanbul Edit
1 Pair of Jeans (Levis 501 Or Similar) 90.64 €
(3,173.22 TL)
48.77 €
(1,707.22 TL)
     -46.2 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.52 €
(1,383.73 TL)
32.15 €
(1,125.38 TL)
     -18.7 %
1 Pair of Nike Running Shoes (Mid-Range) 87.12 €
(3,049.99 TL)
82.02 €
(2,871.31 TL)
     -5.9 %
1 Pair of Men Leather Business Shoes 129.89 €
(4,547.29 TL)
72.86 €
(2,550.83 TL)
     -43.9 %
Rent Per Month
Munich Edit Istanbul Edit
Apartment (1 bedroom) in City Centre 1,490.24 €
(52,172.01 TL)
731.13 €
(25,596.28 TL)
     -50.9 %
Apartment (1 bedroom) Outside of Centre 1,184.98 €
(41,484.90 TL)
471.34 €
(16,501.10 TL)
     -60.2 %
Apartment (3 bedrooms) in City Centre 2,647.06 €
(92,670.99 TL)
1,417.15 €
(49,612.91 TL)
     -46.5 %
Apartment (3 bedrooms) Outside of Centre 2,074.29 €
(72,618.76 TL)
871.24 €
(30,501.16 TL)
     -58.0 %
Buy Apartment Price
Munich Edit Istanbul Edit
Price per Square Feet to Buy Apartment in City Centre 1,053.22 €
(36,872.09 TL)
280.48 €
(9,819.19 TL)
     -73.4 %
Price per Square Feet to Buy Apartment Outside of Centre 760.11 €
(26,610.70 TL)
143.70 €
(5,030.96 TL)
     -81.1 %
Salaries And Financing
Munich Edit Istanbul Edit
Average Monthly Net Salary (After Tax) 3,188.70 €
(111,633.25 TL)
742.69 €
(26,000.82 TL)
     -76.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 44.21      +1,038.6 %
Last update: May 2024June 2024
Contributors in the past 12 months:4101181