Cost of Living Comparison Between Munich and Istanbul 

Indices DifferenceInfo
Consumer Prices in Istanbul are 41.4% lower than in Munich (without rent)
Consumer Prices Including Rent in Istanbul are 45.1% lower than in Munich
Rent Prices in Istanbul are 51.9% lower than in Munich
Restaurant Prices in Istanbul are 40.4% lower than in Munich
Groceries Prices in Istanbul are 42.1% lower than in Munich
Local Purchasing Power in Istanbul is 62.2% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Istanbul Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(518.45 TL)
8.68 €
(300.00 TL)
     -42.1 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(2,592.25 TL)
43.40 €
(1,500.00 TL)
     -42.1 %
McMeal at McDonalds (or Equivalent Combo Meal) 10.50 €
(362.91 TL)
6.51 €
(225.00 TL)
     -38.0 %
Domestic Beer (1 pint draught) 4.50 €
(155.53 TL)
3.18 €
(110.00 TL)
     -29.3 %
Imported Beer (12 oz small bottle) 4.50 €
(155.53 TL)
4.34 €
(150.00 TL)
     -3.6 %
Cappuccino (regular) 3.72 €
(128.60 TL)
2.70 €
(93.24 TL)
     -27.5 %
Coke/Pepsi (12 oz small bottle) 3.16 €
(109.35 TL)
1.16 €
(40.11 TL)
     -63.3 %
Water (12 oz small bottle) 2.68 €
(92.48 TL)
0.51 €
(17.51 TL)
     -81.1 %
Markets
Munich Edit Istanbul Edit
Milk (regular), (1 gallon) 4.37 €
(151.19 TL)
4.07 €
(140.66 TL)
     -7.0 %
Loaf of Fresh White Bread (1 lb) 2.11 €
(72.86 TL)
0.49 €
(17.08 TL)
     -76.6 %
Rice (white), (1 lb) 1.21 €
(41.95 TL)
0.79 €
(27.40 TL)
     -34.7 %
Eggs (regular) (12) 3.15 €
(108.87 TL)
1.98 €
(68.40 TL)
     -37.2 %
Local Cheese (1 lb) 5.82 €
(201.31 TL)
3.55 €
(122.86 TL)
     -39.0 %
Chicken Fillets (1 lb) 5.70 €
(196.90 TL)
2.36 €
(81.42 TL)
     -58.6 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.31 €
(252.74 TL)
6.69 €
(231.13 TL)
     -8.5 %
Apples (1 lb) 1.23 €
(42.46 TL)
0.51 €
(17.68 TL)
     -58.4 %
Banana (1 lb) 0.71 €
(24.46 TL)
0.76 €
(26.26 TL)
     +7.3 %
Oranges (1 lb) 1.04 €
(36.11 TL)
0.39 €
(13.51 TL)
     -62.6 %
Tomato (1 lb) 1.40 €
(48.44 TL)
0.54 €
(18.51 TL)
     -61.8 %
Potato (1 lb) 0.74 €
(25.42 TL)
0.32 €
(11.02 TL)
     -56.6 %
Onion (1 lb) 0.78 €
(27.12 TL)
0.24 €
(8.34 TL)
     -69.2 %
Lettuce (1 head) 1.80 €
(62.27 TL)
0.93 €
(31.98 TL)
     -48.6 %
Water (1.5 liter bottle) 0.86 €
(29.77 TL)
0.38 €
(13.22 TL)
     -55.6 %
Bottle of Wine (Mid-Range) 5.99 €
(207.03 TL)
8.68 €
(300.00 TL)
     +44.9 %
Domestic Beer (0.5 liter bottle) 0.95 €
(32.77 TL)
1.69 €
(58.55 TL)
     +78.7 %
Imported Beer (12 oz small bottle) 1.60 €
(55.21 TL)
2.39 €
(82.70 TL)
     +49.8 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(283.42 TL)
1.74 €
(60.00 TL)
     -78.8 %
Transportation
Munich Edit Istanbul Edit
One-way Ticket (Local Transport) 3.70 €
(127.88 TL)
0.51 €
(17.70 TL)
     -86.2 %
Monthly Pass (Regular Price) 49.00 €
(1,693.60 TL)
40.16 €
(1,388.00 TL)
     -18.0 %
Taxi Start (Normal Tariff) 5.50 €
(190.10 TL)
0.72 €
(25.00 TL)
     -86.8 %
Taxi 1 mile (Normal Tariff) 3.70 €
(127.94 TL)
0.82 €
(28.36 TL)
     -77.8 %
Taxi 1hour Waiting (Normal Tariff) 36.00 €
(1,244.28 TL)
6.51 €
(225.00 TL)
     -81.9 %
Gasoline (1 gallon) 6.90 €
(238.35 TL)
4.36 €
(150.62 TL)
     -36.8 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(939,431.07 TL)
40,143.71 €
(1,387,500.00 TL)
     +47.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(954,811.75 TL)
40,761.58 €
(1,408,855.72 TL)
     +47.6 %
Utilities (Monthly)
Munich Edit Istanbul Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 286.25 €
(9,893.68 TL)
53.79 €
(1,859.13 TL)
     -81.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 19.75 €
(682.61 TL)
7.81 €
(269.84 TL)
     -60.5 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 36.93 €
(1,276.33 TL)
10.18 €
(351.95 TL)
     -72.4 %
Sports And Leisure
Munich Edit Istanbul Edit
Fitness Club, Monthly Fee for 1 Adult 45.65 €
(1,577.85 TL)
36.81 €
(1,272.32 TL)
     -19.4 %
Tennis Court Rent (1 Hour on Weekend) 26.19 €
(905.13 TL)
12.70 €
(438.89 TL)
     -51.5 %
Cinema, International Release, 1 Seat 13.00 €
(449.32 TL)
5.79 €
(200.00 TL)
     -55.5 %
Childcare
Munich Edit Istanbul Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 837.41 €
(28,943.58 TL)
493.77 €
(17,066.50 TL)
     -41.0 %
International Primary School, Yearly for 1 Child 14,575.00 €
(503,760.41 TL)
10,392.03 €
(359,183.09 TL)
     -28.7 %
Clothing And Shoes
Munich Edit Istanbul Edit
1 Pair of Jeans (Levis 501 Or Similar) 82.06 €
(2,836.34 TL)
43.51 €
(1,503.70 TL)
     -47.0 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 32.87 €
(1,135.94 TL)
31.64 €
(1,093.56 TL)
     -3.7 %
1 Pair of Nike Running Shoes (Mid-Range) 82.44 €
(2,849.31 TL)
82.22 €
(2,841.76 TL)
     -0.3 %
1 Pair of Men Leather Business Shoes 110.78 €
(3,829.01 TL)
73.55 €
(2,542.17 TL)
     -33.6 %
Rent Per Month
Munich Edit Istanbul Edit
Apartment (1 bedroom) in City Centre 1,459.80 €
(50,455.54 TL)
718.22 €
(24,823.99 TL)
     -50.8 %
Apartment (1 bedroom) Outside of Centre 1,156.65 €
(39,977.52 TL)
458.59 €
(15,850.45 TL)
     -60.4 %
Apartment (3 bedrooms) in City Centre 2,487.27 €
(85,968.41 TL)
1,400.22 €
(48,396.18 TL)
     -43.7 %
Apartment (3 bedrooms) Outside of Centre 2,017.95 €
(69,747.01 TL)
849.06 €
(29,346.38 TL)
     -57.9 %
Buy Apartment Price
Munich Edit Istanbul Edit
Price per Square Feet to Buy Apartment in City Centre 947.64 €
(32,753.42 TL)
286.16 €
(9,890.75 TL)
     -69.8 %
Price per Square Feet to Buy Apartment Outside of Centre 698.05 €
(24,126.87 TL)
150.06 €
(5,186.66 TL)
     -78.5 %
Salaries And Financing
Munich Edit Istanbul Edit
Average Monthly Net Salary (After Tax) 3,518.63 €
(121,615.45 TL)
730.65 €
(25,253.57 TL)
     -79.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.40 43.02      +1,164.5 %
Last update: May 2024May 2024
Contributors in the past 12 months:4401268