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%”
