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Cost of living in Turkey

Cost of Living in Turkey and How to Save!

Easylink Insight

Last updated on May 6th, 2024 at 09:40 am

Turkey is a country located on two continents; geographically, most of Turkey lies in Asia, while a small portion extends into Europe. This situation has given rise to a lifestyle that reflects a blend of Western and Eastern cultures among its people.

With a population of approximately 85.8 million, the majority of the population works in the service, industrial, and agricultural sectors. The minimum wage in Turkey is currently around Rp7.2 million per month, which allows people there to live comfortably. 

Even so, the overall cost of living in Turkey isn’t very high—in fact, it’s relatively similar to the cost of living in Indonesia. This makes Turkey an attractive option for those who want to explore a country rich in historic landmarks such as the Hagia Sophia, the Walls of Constantinople, and the natural beauty of Cappadocia. 

Surprisingly, the cost of living in Turkey isn’t much different from that in Indonesia. Check out the following review for all the details!

Cost of Living in Turkey: A Breakdown

Estimates of the cost of living in Turkey may vary depending on each individual’s needs. The following is a breakdown of estimated living costs in Turkey.

Cost of Food and Drink in Turkey

  • The cost of food and drinks in Turkey can vary depending on the type of restaurant or eatery you choose. Generally, restaurant prices typically range from TRY 20 to TRY 50 per dish, or the equivalent of Rp9,000 to Rp24,000, depending on the type of food and the location of the establishment. Shopping at supermarkets and cooking at home can be a more economical option.

Transportation costs

  • Transportation costs in Turkey also vary depending on the mode of transportation used. Fares for public transportation such as buses, trams, or the metro typically range from TRY 3 to TRY 8, or the equivalent of Rp3,000 per trip, depending on the city and distance traveled. Taxis are also a convenient transportation option, though they are more expensive.

Housing Costs

  • Housing costs in Turkey are heavily influenced by the location, size, and amenities of the property you choose. Apartment rent in major cities such as Istanbul, Ankara, or Izmir can range from TRY 1,000 to TRY 3,000 per month, or the equivalent of Rp485,000 to Rp1.4 million, depending on the location and quality of the property. In addition, there are also homestay or on-campus housing options that can be more economical choices for students.

Healthcare Costs

  • Every citizen or resident of Turkey is required to have health insurance. The cost of health insurance can vary depending on the type of insurance and the coverage selected. 
  • In general, health insurance premiums can range from several hundred TRY to more than 1,000 TRY per month—or the equivalent of 485,000 rupiah—depending on the insurance provider and the coverage selected.

Other Fees

  • Other living expenses in Turkey include costs for daily necessities such as clothing, entertainment, communication (phone and internet), and other personal needs. These prices may vary depending on an individual’s lifestyle and preferences.

Read Also: Known As The Richest City, Let's Take A Peek At The Cost Of Living In Dubai

Total Monthly Cost of Living in Turkey

Estimates of the total monthly cost of living in Turkey can vary depending on an individual’s lifestyle, place of residence, and other personal needs. 

Based on the cost-of-living estimates above, the total monthly cost of living in Turkey ranges from TRY 2,550 to TRY 6,900, or approximately Rp1.2 to 3.3 million. Based on a quote taken from Okezone, the cost of living in Turkey’s capital, Ankara, is only about Rp4.5 to Rp6 million. 

It is still below the minimum wage that workers there are entitled to. Please note that these figures are estimates and may vary depending on individual circumstances and decisions. It is recommended that you plan your finances carefully and stay informed about price and rate changes in Turkey.

Read Also: Studying in Turkey: Requirements, Majors, Preparation, and Costs

Tips for Saving on Living Expenses in Turkey

If you want to cut down on your expenses while living in Turkey, here are some tips that can help you save on living costs during your stay in Turkey:

Choose Affordable Accommodations

Look for accommodations, such as apartments or homestays, that fit your budget. Compare prices and amenities before making a decision.

Use Public Transport:

Take advantage of public transportation systems such as buses, subways, and trams for your daily commute. They’re usually more economical than taking a taxi or using a private vehicle.

Find Promotions and Discounts 

Always keep an eye out for promotions and discounts on food, transportation, and other daily necessities. This can help you save on your monthly expenses.

Cook at Home: 

Try cooking at home instead of eating out at restaurants on a regular basis. Shopping at local markets and cooking your own meals can help reduce your food expenses.

Choose Free or Inexpensive Activities 

Find affordable entertainment options, such as visiting parks, museums with affordable admission fees, or free local cultural events.

Shop Wisely 

Shop for daily necessities wisely. Compare prices at different stores and consider your needs before buying anything.

By following the tips above, you can save on living expenses while living in Turkey and manage your finances more effectively. However, before you decide to live in India, it is very important to consider the estimated cost of living. 

Therefore, Easylink We’re here to help you send money from Indonesia to Turkey more securely, easily, and quickly. So, you don’t have to worry anymore if you run out of money there—you can easily ask friends, family, or relatives for send money to Turkey through Easylink’s services.

Tips for Saving on Living Expenses in Turkey

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