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What is the Cost of Living in Turkey in 2023

4 min read
Published: 11 Mar 2023

It's natural to be curious about the standard of living in Turkey in 2023 if you're considering a move there. In reality, however, geographic location and personal choices can significantly impact one's monthly outlays. In comparison to many other countries, the cost of living in Turkey is much more favorable for expats. Compared to other countries, costs like housing, entertainment, utilities, and food are still pretty low in Turkey. This makes it easy for expats to live there. This detailed guide will tell you everything you need to know about the costs of lodging, food, transportation, health care, entertainment, and other things that will affect your budget.


Accommodation

The cost of living in Turkey in 2023 will depend on the type of accommodations you are looking for. There are many choices, like buying a villa or renting an apartment. Depending on your budget and needs, you can expect to spend anywhere between $500 and $3000 monthly for accommodation.

If you’re looking for short-term accommodation, there are plenty of hotels and hostels around the country. Prices range from $15 to $30 per night, depending on the location and quality of the property. If you’re looking for longer-term accommodation, apartments are available in all sizes and prices, from small one-bedroom to luxury three-bedroom apartments. Prices range from $500 to $2000 per month, depending on the size and area.

Buying a villa is a great option if you’re looking for more privacy or want something more permanent. Prices vary depending on the location and size of the property, but typically start at around $200,000 and can go up to millions of dollars.

Overall, it is possible to live comfortably in Turkey without breaking your budget in 2023—just make sure to do your research before committing to any type of accommodation!


Food and Groceries

When it comes to determining food prices in Turkey, there are several factors that come into play. The most significant factor is the value of the Turkish lira. When the value of the lira is strong, food prices tend to be lower than when it is weak. The time of year also has an impact on prices because there may be fewer items available during some months, which could make them more expensive. Also, prices are different in different parts of the country because of their local economies and other factors.

Here’s a quick look at some estimated costs for some common items in March 2023:

  • Bread: 5-13 TL per loaf

  • Milk: 20-30 TL per liter

  • Rice: min. 42 TL per kilogram

  • Eggs: 50 TL per dozen

  • Fruits an vegetables: Prices vary depending on seasonality and supply

Tips for Finding Good Deals

Eating out can be expensive in any country, so it’s important to shop around and do research before making a purchase. Here are some tips for finding good deals on food in Turkey:

  • Shop at local markets – Local markets often offer cheaper options than supermarkets or other stores and you can usually get larger quantities for less money.

  • Buy seasonal produce – Seasonal produce is usually much cheaper than buying imported fruits and vegetables out of season.

  • Look out for discounts – Many stores offer discounts on certain days or times throughout the week; look out for these offers and take advantage of them when possible.


Transportation

Public transportaion is readily available throughout Turkey with options such as buses and metro systems (especially in larger cities). Prices depend on the distance traveled but typically range from 5-10TL. Taxis can be much more expensive—minimum fare of taxi is 40 TL. Renting a car is also an option but can be quite costly due to the high price of petrol (around 20TL/liter).


Healthcare

Turkey has universal health insurance coverage through its public health system called “Saglik Sigortasi” (SSK). Depending on your income level,, additional monthly payments may be required,, but they should not exceed 300TL/month. Private healthcare plans are available too, but these typically require higher monthly payments depending on the plan chosen.


Entertainment and Leisure

There are plenty of activities available throughout Turkey that won’t break the bank! Going to a movie theater is quite affordable at about 55TL/person. Additionally, many museums offer free admission making them great options for those seeking culture without breaking their budget!


In conclusion, relocating to Turkey can be financially manageable depending on your lifestyle choices and preferences—it may even be cheaper than living at home! Whether you’re looking for an affordable place to rent or want to explore more cultural sites without emptying your wallet, by researching thoroughly ahead of time, you can ensure that your experience living in Turkey will fit your budget!

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