Cost of Living Comparison Between Istanbul and Izmir 

Indices DifferenceInfo
Consumer Prices in Izmir are 9.7% lower than in Istanbul (without rent)
Consumer Prices Including Rent in Izmir are 17.6% lower than in Istanbul
Rent Prices in Izmir are 35.9% lower than in Istanbul
Restaurant Prices in Izmir are 22.6% lower than in Istanbul
Groceries Prices in Izmir are 6.7% lower than in Istanbul
Local Purchasing Power in Izmir is 8.9% 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) 225.00 TL 200.00 TL      -11.1 %
Domestic Beer (1 pint draught) 110.00 TL 82.50 TL      -25.0 %
Imported Beer (12 oz small bottle) 150.00 TL 110.00 TL      -26.7 %
Cappuccino (regular) 93.64 TL 79.20 TL      -15.4 %
Coke/Pepsi (12 oz small bottle) 40.35 TL 38.33 TL      -5.0 %
Water (12 oz small bottle) 17.67 TL 16.79 TL      -5.0 %
Markets
Istanbul Edit Izmir Edit
Milk (regular), (1 gallon) 141.80 TL 119.97 TL      -15.4 %
Loaf of Fresh White Bread (1 lb) 17.33 TL 17.58 TL      +1.5 %
Rice (white), (1 lb) 27.46 TL 23.23 TL      -15.4 %
Eggs (regular) (12) 68.04 TL 56.66 TL      -16.7 %
Local Cheese (1 lb) 123.85 TL 113.14 TL      -8.6 %
Chicken Fillets (1 lb) 82.28 TL 81.49 TL      -1.0 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 233.73 TL 226.56 TL      -3.1 %
Apples (1 lb) 17.65 TL 14.73 TL      -16.5 %
Banana (1 lb) 26.28 TL 21.94 TL      -16.5 %
Oranges (1 lb) 13.54 TL 14.90 TL      +10.1 %
Tomato (1 lb) 18.53 TL 12.95 TL      -30.1 %
Potato (1 lb) 11.03 TL 8.94 TL      -19.0 %
Onion (1 lb) 8.47 TL 6.44 TL      -24.0 %
Lettuce (1 head) 31.95 TL 30.80 TL      -3.6 %
Water (1.5 liter bottle) 13.13 TL 14.60 TL      +11.3 %
Bottle of Wine (Mid-Range) 300.00 TL 300.00 TL      0.0 %
Domestic Beer (0.5 liter bottle) 58.70 TL 59.02 TL      +0.5 %
Imported Beer (12 oz small bottle) 82.51 TL 87.77 TL      +6.4 %
Cigarettes 20 Pack (Marlboro) 60.00 TL 58.00 TL      -3.3 %
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) 150.86 TL 151.49 TL      +0.4 %
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) 1,408,762.85 TL 1,430,062.50 TL      +1.5 %
Utilities (Monthly)
Istanbul Edit Izmir Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 1,826.09 TL 2,181.98 TL      +19.5 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 269.58 TL 240.91 TL      -10.6 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 351.92 TL 341.05 TL      -3.1 %
Sports And Leisure
Istanbul Edit Izmir Edit
Fitness Club, Monthly Fee for 1 Adult 1,295.04 TL 1,082.67 TL      -16.4 %
Tennis Court Rent (1 Hour on Weekend) 442.11 TL 458.75 TL      +3.8 %
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 17,694.10 TL 11,084.25 TL      -37.4 %
International Primary School, Yearly for 1 Child 362,018.51 TL 293,589.77 TL      -18.9 %
Clothing And Shoes
Istanbul Edit Izmir Edit
1 Pair of Jeans (Levis 501 Or Similar) 1,526.81 TL 1,778.06 TL      +16.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 1,101.46 TL 1,363.75 TL      +23.8 %
1 Pair of Nike Running Shoes (Mid-Range) 2,841.94 TL 2,881.43 TL      +1.4 %
1 Pair of Men Leather Business Shoes 2,573.19 TL 2,593.30 TL      +0.8 %
Rent Per Month
Istanbul Edit Izmir Edit
Apartment (1 bedroom) in City Centre 24,757.83 TL 17,631.58 TL      -28.8 %
Apartment (1 bedroom) Outside of Centre 15,766.54 TL 12,444.44 TL      -21.1 %
Apartment (3 bedrooms) in City Centre 48,699.18 TL 26,309.52 TL      -46.0 %
Apartment (3 bedrooms) Outside of Centre 29,346.35 TL 19,659.09 TL      -33.0 %
Buy Apartment Price
Istanbul Edit Izmir Edit
Price per Square Feet to Buy Apartment in City Centre 9,860.16 TL 5,847.98 TL      -40.7 %
Price per Square Feet to Buy Apartment Outside of Centre 5,056.58 TL 3,218.43 TL      -36.4 %
Salaries And Financing
Istanbul Edit Izmir Edit
Average Monthly Net Salary (After Tax) 25,383.25 TL 22,777.89 TL      -10.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 43.20 29.45      -31.8 %
Last update: May 2024May 2024
Contributors in the past 12 months:1274315