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

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

December 14, 2021 by Shelia Campbell

Summary about cost of living in Istanbul, Turkey: Family of four estimated monthly costs are 1,143$ (14,197TL) without rent. A single person estimated monthly costs are 326$ (4,055TL) without rent. Istanbul is 74.96% less expensive than New York (without rent).

Contents

Is living in Turkey cheap?

Undoubtedly, the cost of living in Turkey is a driving factor that helps expats decide whether they should move here permanently. The age-old saying that money makes the world go around is definitely true when it comes to our lifestyle choices, but Turkey can be a surprisingly cheap place to live.

How much money do I need per day in Turkey?

You should plan to spend around TRY434 ($43) per day on your vacation in Turkey, which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average, TRY135 ($14) on meals for one day and TRY67 ($6.67) on local transportation.

What is the average rent in Turkey?

By far, the most significant expense, wherever you live in Turkey is rent. On the Aegean and Mediterranean coasts, expect to pay between 1.500 TL to 2.000 TL a month for a basic two-bedroom apartment.

Can I live permanently in Turkey?

In order to be considered eligible for permanent residency status in Turkey, foreigners must have legally and continuously resided in Turkey for a minimum period of eight years. You may also be able to apply for permanent residency if you start a business or purchase a property in Turkey.

Is it worth moving to Turkey?

Turkey is a brilliant value-for-money destination and many expats find that their income lasts longer in Turkey and buys them more than in their home country. This is because, on average, the cost of living in Turkey is lower than in most Western countries and Turkish prices come as a pleasant surprise to expats.

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How much does it cost to live in Turkey per month?

Family of four estimated monthly costs are 1,029$ (13,265TL) without rent. A single person estimated monthly costs are 297$ (3,825TL) without rent. Cost of living in Turkey is, on average, 67.66% lower than in United States. Rent in Turkey is, on average, 86.41% lower than in United States.

What you should not do in Turkey?

These Are the Things Tourists Should Never Do in Turkey, Ever

  • Enter a mosque dressed scantily.
  • Ride a taxi without a logo.
  • Only go shopping at malls.
  • Visit while you’re on a diet.
  • Focus solely on the touristic areas.
  • Expect drivers to abide by traffic rules.
  • Show off your wealth.

Is Turkey a cheap country?

Turkey was revealed to be Europe’s second most affordable country to live in by CEOWORLD Magazine. According to a ranking that measures the cost of living, rent, groceries, eating out and purchasing power, Turkey is the 102nd cheapest of 132 countries worldwide.

Is Turkey cheaper than Dubai?

Cost of living in Istanbul (Turkey) is 71% cheaper than in Dubai (United Arab Emirates)

Is living in Turkey safe?

And 69 percent of foreigners living in Turkey said they feel safe in Turkey and Turkish people are very friendly. Turkey scored highest in the “Living” category, ranking first for “cultural, open and welcoming communities” and “ease of settling in”.

What is the best city to live in Turkey?

The 7 Best Places To Live In Turkey That Expats Love

  • Istanbul – the professional expat’s choice.
  • Antalya – tourism-related business opportunities and retirement.
  • Bodrum – high-class living.
  • Bursa – the city of heritage.
  • Izmir – perfect for retirement.
  • Alanya – fast-growing hotspot.
  • Marmaris – a sea lover’s dream.
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Can you live in Turkey all year round?

Turkey is one of the world’s top summer tourist destinations for a reason. Over 300 days of sunshine a year and cool winters make it the ideal place to live all year round. Do not forget Turkey has several different climate zones, so where expats live is important.

Can you live in Turkey without knowing Turkish?

So, to answer whether you can live in Turkey without knowing Turkish, the answer is yes, but it is advisable to learn at least one word a day to enhance your lifestyle.Also read our article about Turkish culture and traditions, that every expat moving to the country should know.

How is life in Turkey for foreigners?

Living in Turkey is not expensive for foreigners from the EU and the US. Except for certain locations, housing and the cost of living is cheaper compared to that in their home countries.Also the housing costs, options ranging from villas to apartment flats, are more reasonable in Turkey.

Are Turkish people friendly?

Yes! Turkish people are incredibly friendly, love to help, and are very inquisitive. They often ask questions such as “How old are you?” or “How much money do you earn?” that can feel invasive, and staring is common.

Where should I move to in Turkey?

All big cities in Turkey where expats usually choose to live such as Istanbul, Ankara, Izmir, Bursa, Antalya, Bodrum, Fethiye, etc. are very safe. The entire Turkish coastline, including the Aegean coast and Turkish Riviera, is incredibly safe too. In the cities, you won’t see drunk people walking on the streets.

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What are the benefits of living in Turkey?

12 Advantages of Living in Turkey

  • Human Rights.
  • Economy.
  • Education.
  • Health Service.
  • Food.
  • Sightseeing & Entertainment.
  • Dynamic Real Estate.
  • Climate.

How much money do you need to live in Istanbul?

Summary about cost of living in Istanbul, Turkey: Family of four estimated monthly costs are 1,143$ (14,197TL) without rent. A single person estimated monthly costs are 326$ (4,055TL) without rent. Istanbul is 74.96% less expensive than New York (without rent).

What is the average income in Turkey?

Turkey Annual Household Income per Capita reached 3,073.314 USD in Dec 2019, compared with the previous value of 3,060.862 USD in Dec 2018. Turkey Annual Household Income per Capita data is updated yearly, available from Dec 2007 to Dec 2019, with an averaged value of 3,696.389 USD.

Is Turkey cheaper than South Africa?

South Africa is 79% more expensive than Turkey.

Filed Under: Europe

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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