When contemplating a journey to Europe for tourism, work, study, or residence, Türkiye consistently emerges as a top choice for many global citizens. Boasting a relatively lower standard of living compared to European and Gulf countries, Türkiye becomes an attractive destination for various reasons. With approximately 7 million Arabs and millions from Asian countries currently residing in Türkiye, understanding the cost of living is crucial for those planning to travel or relocate. In the following lines, we present an overview of the cost of living in Türkiye to assist you in making informed decisions and preparations.
Factors Influencing Cost of Living
Several factors shape the cost of living in Türkiye, including the number of family members, their social level, and their social and scientific orientation. In this article, we will delve into the average total cost of living in Türkiye for both students and families, breaking down each category for a detailed understanding.
Average Cost of Living in Türkiye
For students, the average cost of living in Türkiye ranges between $250 and $500, contingent upon their standard of living. Families, on the other hand, with approximately five members, require an average of $1,000 per month.
Average Rental Prices
In coastal cities with views of the Aegean and Mediterranean Seas, a two-room apartment typically costs between $300 and $500 per month for a single bedroom. Istanbul, being a hub of trade and economy, exhibits a relatively higher standard of living. Rental prices in Istanbul for unfurnished apartments start from $200, while furnished ones start from $300. Housing in complexes may include additional monthly service fees ranging from $50 to $100.
Average Cost of Food
Food prices in Türkiye are generally affordable, with breakfast in restaurants costing between one and two dollars and lunch averaging around $5. While grocery markets and hypermarkets offer reasonable prices, dining at restaurants may increase overall food expenses.
Monthly Bills
Monthly bills, including electricity, water, gas, internet, and phone bills, sum up to approximately $56.
Education Costs
Public schools in Türkiye are free for both foreigners and locals. However, international private schools may cost between $4,000 and $10,000. University costs vary, with public universities ranging between $300 and $1,500 for engineering and administrative specialties, and private universities ranging from $2,000 to $25,000, depending on the field of study.
Health Insurance Costs
Health insurance options include residence company insurance at $30 per year, international companies’ insurance at $700 annually per person, student SGK state insurance at $190 per year, and SGK state insurance for tourist residence permit cardholders at $100 per month.
Entertainment and Transportation Costs
Access to public parks is free for residents, while zoo entrance fees average $10. Theme park tickets cost around $20, and cinema tickets range from $25 to $35. Public transportation costs, particularly in Istanbul, can be reduced for students who opt for a monthly package at $7, covering all public transportation.
Home Supplies and Electronics
The cost of second-hand home furnishings is approximately $1,500, while new house furniture may cost around $4,000. It’s advisable to purchase electronics outside Türkiye due to potential price disparities.
Vegetables, Fruits, and Home Supplies
Municipal markets offer prices around 40% less than regular stores for vegetables, fruits, and food supplies.
Conclusion
Understanding the nuances of the cost of living in Türkiye is crucial for anyone considering travel, study, or residence. From housing to education, food, and entertainment, this comprehensive guide aims to provide valuable insights to help individuals make informed decisions and financial preparations for their time in this culturally rich and diverse country.
