“The monthly cost of living in Istanbul is 49,159 Turkish Lira

According to the research by the Istanbul Planning Agency (IPA), the cost of living in Istanbul increased by 78.13% compared to the same month of the previous year.

The average cost of living for a four-person family in Istanbul increased from 27,596 lira to 49,159 lira within a year.

Ground beef prices increased by 11.84% in just one month, and a significant 113.4% annually. Prices for oral and dental care products increased by 190.69% annually.

Product                                          Annual Change               Monthly Change

Olive Oil                                         136.10%                           2.96%

Meat – Ground Beef                    113.64%                           11.84%

Tomatoes                                      107.47%                           10.49%

Tea                                                   99.45%                             1.64%

Eggs                                                 96.33%                             16.54%

Dry Beans                                      80.63%                             5.34%

Lentils                                              68.95%                             6.77%

White Cheese                               67.15%                             -0.12%

Yogurt                                             66.82%                             1.24%

Milk                                                 64.62%                             -0.48%

Margarine                                     62.99%                             4.27%

Bulgur                                             54.51%                             13.02%

Rice                                                  50.07%                             4.57%

Tomato Paste                               41.44%                             0.91%

Pasta                                               36.21%                             0.52%

Sunflower Oil                                17.74%                             2.18%

Onions                                            5.26%                               1.52%”