Cost of Living Comparison Between Munich and Istanbul 

Indices DifferenceInfo
Consumer Prices in Istanbul are 43.0% lower than in Munich (without rent)
Consumer Prices Including Rent in Istanbul are 46.3% lower than in Munich
Rent Prices in Istanbul are 52.6% lower than in Munich
Restaurant Prices in Istanbul are 41.6% lower than in Munich
Groceries Prices in Istanbul are 43.4% lower than in Munich
Local Purchasing Power in Istanbul is 61.2% lower than in Munich
Currency: Sticky Currency      Switch to US measurement units
Restaurants
Munich Edit Istanbul Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(525.50 TL)
8.56 €
(300.00 TL)
     -42.9 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(2,627.48 TL)
42.82 €
(1,500.00 TL)
     -42.9 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 €
(385.36 TL)
6.42 €
(225.00 TL)
     -41.6 %
Domestic Beer (0.5 liter draught) 4.50 €
(157.65 TL)
3.14 €
(110.00 TL)
     -30.2 %
Imported Beer (0.33 liter bottle) 4.50 €
(157.65 TL)
4.28 €
(150.00 TL)
     -4.9 %
Cappuccino (regular) 3.77 €
(131.92 TL)
2.69 €
(94.10 TL)
     -28.7 %
Coke/Pepsi (0.33 liter bottle) 3.29 €
(115.30 TL)
1.16 €
(40.48 TL)
     -64.9 %
Water (0.33 liter bottle) 2.74 €
(96.11 TL)
0.50 €
(17.48 TL)
     -81.8 %
Markets
Munich Edit Istanbul Edit
Milk (regular), (1 liter) 1.16 €
(40.71 TL)
1.07 €
(37.46 TL)
     -8.0 %
Loaf of Fresh White Bread (500g) 2.34 €
(82.09 TL)
0.55 €
(19.11 TL)
     -76.7 %
Rice (white), (1kg) 2.70 €
(94.43 TL)
1.73 €
(60.54 TL)
     -35.9 %
Eggs (regular) (12) 3.18 €
(111.38 TL)
1.94 €
(68.04 TL)
     -38.9 %
Local Cheese (1kg) 13.03 €
(456.60 TL)
7.84 €
(274.58 TL)
     -39.9 %
Chicken Fillets (1kg) 12.81 €
(448.87 TL)
5.18 €
(181.41 TL)
     -59.6 %
Beef Round (1kg) (or Equivalent Back Leg Red Meat) 16.28 €
(570.38 TL)
14.71 €
(515.30 TL)
     -9.7 %
Apples (1kg) 2.75 €
(96.18 TL)
1.11 €
(38.92 TL)
     -59.5 %
Banana (1kg) 1.58 €
(55.29 TL)
1.65 €
(57.94 TL)
     +4.8 %
Oranges (1kg) 2.36 €
(82.82 TL)
0.85 €
(29.84 TL)
     -64.0 %
Tomato (1kg) 3.24 €
(113.62 TL)
1.17 €
(40.85 TL)
     -64.0 %
Potato (1kg) 1.67 €
(58.68 TL)
0.69 €
(24.33 TL)
     -58.5 %
Onion (1kg) 1.75 €
(61.23 TL)
0.53 €
(18.67 TL)
     -69.5 %
Lettuce (1 head) 1.84 €
(64.31 TL)
0.91 €
(31.95 TL)
     -50.3 %
Water (1.5 liter bottle) 0.90 €
(31.48 TL)
0.37 €
(13.13 TL)
     -58.3 %
Bottle of Wine (Mid-Range) 5.99 €
(209.85 TL)
8.56 €
(300.00 TL)
     +43.0 %
Domestic Beer (0.5 liter bottle) 0.96 €
(33.60 TL)
1.68 €
(58.70 TL)
     +74.7 %
Imported Beer (0.33 liter bottle) 1.65 €
(57.78 TL)
2.36 €
(82.51 TL)
     +42.8 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(287.27 TL)
1.71 €
(60.00 TL)
     -79.1 %
Transportation
Munich Edit Istanbul Edit
One-way Ticket (Local Transport) 3.70 €
(129.62 TL)
0.51 €
(17.70 TL)
     -86.3 %
Monthly Pass (Regular Price) 49.00 €
(1,716.62 TL)
39.62 €
(1,388.00 TL)
     -19.1 %
Taxi Start (Normal Tariff) 5.50 €
(192.68 TL)
0.71 €
(25.00 TL)
     -87.0 %
Taxi 1km (Normal Tariff) 2.40 €
(84.08 TL)
0.50 €
(17.62 TL)
     -79.0 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(1,261.19 TL)
6.42 €
(225.00 TL)
     -82.2 %
Gasoline (1 liter) 1.82 €
(63.84 TL)
1.14 €
(39.86 TL)
     -37.6 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(952,197.50 TL)
39,962.30 €
(1,400,000.00 TL)
     +47.0 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(967,787.20 TL)
40,221.35 €
(1,409,075.45 TL)
     +45.6 %
Utilities (Monthly)
Munich Edit Istanbul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment 298.30 €
(10,450.29 TL)
52.21 €
(1,829.14 TL)
     -82.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 22.77 €
(797.58 TL)
7.72 €
(270.62 TL)
     -66.1 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.83 €
(1,325.16 TL)
10.06 €
(352.54 TL)
     -73.4 %
Sports And Leisure
Munich Edit Istanbul Edit
Fitness Club, Monthly Fee for 1 Adult 46.14 €
(1,616.52 TL)
36.97 €
(1,295.04 TL)
     -19.9 %
Tennis Court Rent (1 Hour on Weekend) 26.60 €
(931.88 TL)
12.62 €
(442.11 TL)
     -52.6 %
Cinema, International Release, 1 Seat 13.00 €
(455.43 TL)
5.71 €
(200.00 TL)
     -56.1 %
Childcare
Munich Edit Istanbul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(29,336.91 TL)
505.28 €
(17,701.46 TL)
     -39.7 %
International Primary School, Yearly for 1 Child 14,575.00 €
(510,606.28 TL)
10,335.82 €
(362,095.11 TL)
     -29.1 %
Clothing And Shoes
Munich Edit Istanbul Edit
1 Pair of Jeans (Levis 501 Or Similar) 87.37 €
(3,060.71 TL)
44.22 €
(1,549.30 TL)
     -49.4 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 34.59 €
(1,211.69 TL)
31.45 €
(1,101.67 TL)
     -9.1 %
1 Pair of Nike Running Shoes (Mid-Range) 86.73 €
(3,038.53 TL)
80.94 €
(2,835.50 TL)
     -6.7 %
1 Pair of Men Leather Business Shoes 115.38 €
(4,042.14 TL)
73.45 €
(2,573.19 TL)
     -36.3 %
Rent Per Month
Munich Edit Istanbul Edit
Apartment (1 bedroom) in City Centre 1,470.25 €
(51,507.30 TL)
710.54 €
(24,892.42 TL)
     -51.7 %
Apartment (1 bedroom) Outside of Centre 1,156.65 €
(40,520.80 TL)
450.13 €
(15,769.47 TL)
     -61.1 %
Apartment (3 bedrooms) in City Centre 2,503.26 €
(87,696.61 TL)
1,392.77 €
(48,792.87 TL)
     -44.4 %
Apartment (3 bedrooms) Outside of Centre 2,031.58 €
(71,172.35 TL)
844.16 €
(29,573.62 TL)
     -58.4 %
Buy Apartment Price
Munich Edit Istanbul Edit
Price per Square Meter to Buy Apartment in City Centre 10,279.66 €
(360,127.37 TL)
3,030.22 €
(106,157.62 TL)
     -70.5 %
Price per Square Meter to Buy Apartment Outside of Centre 7,537.93 €
(264,076.49 TL)
1,553.70 €
(54,430.70 TL)
     -79.4 %
Salaries And Financing
Munich Edit Istanbul Edit
Average Monthly Net Salary (After Tax) 3,480.69 €
(121,938.95 TL)
724.76 €
(25,390.71 TL)
     -79.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.49 43.20      +1,136.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:4411284