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How much does it cost to live in Istanbul for a month?

Posted on August 30, 2022 by Author

How much does it cost to live in Istanbul for a month?

Summary about cost of living in Istanbul, Turkey: Family of four estimated monthly costs are 1,457$ (17,193TL) without rent. A single person estimated monthly costs are 412$ (4,857TL) without rent. Istanbul is 65.69\% less expensive than New York (without rent).

How much does it cost to live in Turkey for a month?

Family of four estimated monthly costs are 1,413$ (15,113TL) without rent. A single person estimated monthly costs are 401$ (4,289TL) without rent. Cost of living in Turkey is, on average, 51.74\% lower than in United States. Rent in Turkey is, on average, 80.56\% lower than in United States.

Where is the cheapest place to live in Istanbul?

The districts on the outskirts of Istanbul such as Beylikduzu, Avcilar, Sancaktepe, Silivri, Catalca, Sultangazi and Basaksehir (in order) are the cheapest ones.

What is a good salary in Istanbul?

Salary rankings by profession

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Job type Median salary (USD) Salary ranking compared to all cities
Operations Manager $38,110 171/265
Chemical Engineer $36,492 169/265
Software Engineer $36,291 157/265
Sales Manager $35,552 157/265

How much money do I need to live comfortably in Turkey?

Ideally, you need at least 10,000 lira a month if you own property and do not have to pay rent. However, head to many other places in Turkey where the cost of living is cheaper, and you need on average 7,000 lira a month.

Is Istanbul a safe city?

Istanbul is mostly safe when it comes to crime and its biggest risks stem from the political situation in Turkey as well as terrorist threats. However, that isn’t to say that violent, as well as petty crimes, don’t exist in Istanbul: snatching, pickpocketing, and mugging are the most common kinds of petty crime.

Is Istanbul a poor city?

Much of Istanbul’s impoverished population resides in shanty towns, or gecekondu. More than 70 percent of the city’s housing has been built in the past 30 years. While poverty in Istanbul is a major concern, the city is doing much better than the rest of the country.

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What is considered rich in Turkey?

Of the 100,200 high net worth individuals (HNWIs) in Turkey with assets of $1 million or more, 5,200 HNWI have net assets of over $10 million. Turkey is followed by the United Arab Emirates, which counts 72,100 HNWIs among its population.

How safe is Istanbul for travel?

Yes, it is safe in Istanbul. There are always precautions to take when traveling in foreign countries and Turkey is no more dangerous than most other places. Do not go near the borders of Syria and Iran. Do not go off into dark alleys with strangers.

How expensive is Istanbul?

If you live in Istanbul, then Istanbul is very expensive. It’s only cheap for tourists. Rent is very high in Istanbul in relation to income. Many Turkish people make about 4,000 Turkish lira, and rent costs 1,000–2,300 TL.

How is life in Istanbul?

Life in Istanbul differs from life in rural Turkey because Istanbul is a cosmopolitan city with many industries and economic sectors and is generally a more liberal place in comparison with rural Turkey. Whereas rural Turkey is more conservative and the major economic industry is agriculture.

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