Living expenses in Turkey can vary widely depending on several factors, including location, lifestyle, and personal spending habits. However, overall, Turkey is considered to be an affordable country for expatriates, with a cost of living that is lower than many other popular destinations in Europe and the Middle East.
Housing: One of the biggest expenses for most people living in Turkey is housing. Renting a one-bedroom apartment in the city center of Istanbul can cost anywhere from 7,500 to 40,000 Turkish Lira (TRY) per month, while rent in other cities or suburban areas is generally lower. Buying property in Turkey is also relatively affordable, with prices starting at around 2,000,000 TRY for a small apartment in a city, and going up to several million TRY for luxury properties in the most desirable locations.
Food: The cost of food in Turkey is moderate, with local and international grocery items readily available in supermarkets and local markets. Eating out at a restaurant can also be affordable, with a meal for two people costing anywhere from 300 to 1000 TRY, depending on the type of restaurant and location. Street food and fast food options are also widely available and typically cheaper.
Transportation: Public transportation in Turkey is relatively affordable and widely available, with buses, trains, and taxis all readily accessible in cities and towns. An individual one-way ticket on a public bus in Istanbul costs around 15 TRY, while a taxi ride within the city can cost around 150 TRY. Driving a personal car is also an option, although fuel prices in Turkey are relatively high.
Utilities: The cost of utilities in Turkey is moderate, with a basic package of services, including electricity, water, and internet, costing around 1000 TRY per month for a one-bedroom apartment.
Leisure and entertainment: Turkey has a thriving cultural scene, with a wide range of museums, theaters, cinemas, and galleries to explore. Admission to many of these attractions is relatively affordable, with tickets costing anywhere from 100 to 300TRY. Eating out, going to the cinema, and other leisure activities can also be affordable, although prices can vary depending on the location and the type of activity.
Overall, living expenses in Turkey are relatively low compared to many other popular destinations, making it an attractive option for expatriates looking for an affordable and culturally rich place to live. However, it’s important to keep in mind that the cost of living in Turkey can vary depending on individual circumstances and lifestyle choices. As with any new location, it’s advisable to research and budget carefully to ensure that you are able to enjoy a comfortable and fulfilling life in Turkey.
The Cost of Living in London and Istanbul
The cost of living in London, United Kingdom and Istanbul, Turkey can vary greatly, with London generally being more expensive.
Housing: One of the biggest differences between the two cities is the cost of housing. Renting a one-bedroom apartment in central London can cost anywhere from £1,500 to £3,500 per month, while the same type of property in Istanbul can cost anywhere from 7500 to 40,000 Turkish Lira (TRY) per month. Buying property in London is also significantly more expensive, with prices starting at around £300,000 for a small apartment in a city, and going up to several million pounds for luxury properties in the most desirable locations.
Food: The cost of food in London is generally higher than in Istanbul, with local and international grocery items readily available in supermarkets and local markets. Eating out at a restaurant can also be expensive in London, with a meal for two people costing anywhere from £30 to £100, depending on the type of restaurant and location. Street food and fast food options are also widely available, although prices are typically higher than in Istanbul.
Transportation: Public transportation in London is relatively expensive, with a one-way ticket on the Underground costing around £4.90. Taxis are also more expensive in London, with a standard taxi ride within the city costing around £10. Driving a personal car is also an option, although fuel prices in London are relatively high.
Utilities: The cost of utilities in London is generally higher than in Istanbul, with a basic package of services, including electricity, water, and internet, costing around £150 per month for a one-bedroom apartment.
Leisure and entertainment: London has a thriving cultural scene, with a wide range of museums, theaters, cinemas, and galleries to explore. Admission to many of these attractions is relatively expensive, with tickets costing anywhere from £10 to £30. Eating out, going to the cinema, and other leisure activities can also be expensive, although prices can vary depending on the location and the type of activity.
In conclusion, while both London and Istanbul have a lot to offer, the cost of living in London is generally higher than in Istanbul, making it a more expensive option for expatriates. However, it’s important to keep in mind that the cost of living in both cities can vary depending on individual circumstances and lifestyle choices, and it’s advisable to research and budget carefully to ensure that you are able to enjoy a comfortable and fulfilling life in either city.
