Cost of Living Comparison Between Istanbul and Izmir 

Indices DifferenceInfo
Cost of Living in Izmir is 9.0% lower than in Istanbul (without rent)
Cost of Living Including Rent in Izmir is 17.1% lower than in Istanbul
Rent Prices in Izmir are 35.6% lower than in Istanbul
Restaurant Prices in Izmir are 22.4% lower than in Istanbul
Groceries Prices in Izmir are 6.8% lower than in Istanbul
Local Purchasing Power in Izmir is 10.1% higher than in Istanbul
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Istanbul Edit Izmir Edit Difference
Meal, Inexpensive Restaurant 300.00 TL 250.00 TL      -16.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 1,500.00 TL 1,000.00 TL      -33.3 %
McMeal at McDonalds (or Equivalent Combo Meal) 230.00 TL 212.50 TL      -7.6 %
Domestic Beer (1 pint draught) 115.00 TL 82.50 TL      -28.3 %
Imported Beer (12 oz small bottle) 158.77 TL 110.00 TL      -30.7 %
Cappuccino (regular) 93.62 TL 82.07 TL      -12.3 %
Coke/Pepsi (12 oz small bottle) 40.74 TL 37.12 TL      -8.9 %
Water (12 oz small bottle) 17.80 TL 16.89 TL      -5.1 %
Markets
Istanbul Edit Izmir Edit
Milk (regular), (1 gallon) 142.08 TL 120.44 TL      -15.2 %
Loaf of Fresh White Bread (1 lb) 17.56 TL 17.05 TL      -2.9 %
Rice (white), (1 lb) 27.92 TL 23.80 TL      -14.8 %
Eggs (regular) (12) 68.16 TL 56.92 TL      -16.5 %
Local Cheese (1 lb) 126.19 TL 116.91 TL      -7.4 %
Chicken Fillets (1 lb) 83.85 TL 82.60 TL      -1.5 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 238.56 TL 229.81 TL      -3.7 %
Apples (1 lb) 17.91 TL 14.73 TL      -17.7 %
Banana (1 lb) 26.47 TL 21.85 TL      -17.5 %
Oranges (1 lb) 13.66 TL 14.76 TL      +8.0 %
Tomato (1 lb) 18.47 TL 13.42 TL      -27.4 %
Potato (1 lb) 11.04 TL 9.14 TL      -17.2 %
Onion (1 lb) 8.53 TL 6.72 TL      -21.3 %
Lettuce (1 head) 31.80 TL 30.93 TL      -2.7 %
Water (1.5 liter bottle) 13.18 TL 14.36 TL      +8.9 %
Bottle of Wine (Mid-Range) 300.00 TL 300.00 TL      0.0 %
Domestic Beer (0.5 liter bottle) 59.03 TL 60.41 TL      +2.3 %
Imported Beer (12 oz small bottle) 83.18 TL 90.38 TL      +8.7 %
Cigarettes 20 Pack (Marlboro) 60.00 TL 58.50 TL      -2.5 %
Transportation
Istanbul Edit Izmir Edit
One-way Ticket (Local Transport) 17.70 TL 13.00 TL      -26.6 %
Monthly Pass (Regular Price) 1,388.00 TL 600.00 TL      -56.8 %
Taxi Start (Normal Tariff) 25.00 TL 31.92 TL      +27.7 %
Taxi 1 mile (Normal Tariff) 28.36 TL 35.41 TL      +24.9 %
Taxi 1hour Waiting (Normal Tariff) 225.00 TL 254.32 TL      +13.0 %
Gasoline (1 gallon) 151.42 TL 152.46 TL      +0.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 1,400,000.00 TL 1,347,700.00 TL      -3.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 1,405,142.41 TL 1,430,062.50 TL      +1.8 %
Utilities (Monthly)
Istanbul Edit Izmir Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 1,837.69 TL 2,268.09 TL      +23.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 271.64 TL 254.62 TL      -6.3 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 354.15 TL 361.33 TL      +2.0 %
Sports And Leisure
Istanbul Edit Izmir Edit
Fitness Club, Monthly Fee for 1 Adult 1,322.89 TL 1,207.68 TL      -8.7 %
Tennis Court Rent (1 Hour on Weekend) 447.50 TL 458.75 TL      +2.5 %
Cinema, International Release, 1 Seat 200.00 TL 155.00 TL      -22.5 %
Childcare
Istanbul Edit Izmir Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 17,511.63 TL 9,961.55 TL      -43.1 %
International Primary School, Yearly for 1 Child 382,110.10 TL 298,711.16 TL      -21.8 %
Clothing And Shoes
Istanbul Edit Izmir Edit
1 Pair of Jeans (Levis 501 Or Similar) 1,591.06 TL 1,863.83 TL      +17.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,112.47 TL 1,394.81 TL      +25.4 %
1 Pair of Nike Running Shoes (Mid-Range) 2,858.30 TL 3,108.24 TL      +8.7 %
1 Pair of Men Leather Business Shoes 2,519.58 TL 2,577.60 TL      +2.3 %
Rent Per Month
Istanbul Edit Izmir Edit
Apartment (1 bedroom) in City Centre 25,201.49 TL 17,608.70 TL      -30.1 %
Apartment (1 bedroom) Outside of Centre 15,916.81 TL 12,500.00 TL      -21.5 %
Apartment (3 bedrooms) in City Centre 48,839.98 TL 27,229.17 TL      -44.2 %
Apartment (3 bedrooms) Outside of Centre 29,660.15 TL 19,660.00 TL      -33.7 %
Buy Apartment Price
Istanbul Edit Izmir Edit
Price per Square Feet to Buy Apartment in City Centre 9,933.23 TL 5,545.51 TL      -44.2 %
Price per Square Feet to Buy Apartment Outside of Centre 5,196.24 TL 3,159.97 TL      -39.2 %
Salaries And Financing
Istanbul Edit Izmir Edit
Average Monthly Net Salary (After Tax) 25,163.30 TL 22,975.10 TL      -8.7 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 43.56 30.11      -30.9 %
Last update: May 2024May 2024
Contributors in the past 12 months:1304326