Suitable income to live in Türkiye 2023

What is the right income to live in Turkey? A question that comes to the mind of many who wish to move to Turkey, whether for the purpose of work, investment or study, in order to know the appropriate income they need to live safely and stable without any financial problems, so we will provide you through this article with detailed information about the appropriate income to live in Turkey, along with an overview of the average costs of housing, food and transportation.

Skyline Real Estate wishes you an enjoyable and useful reading

What is the right income to live in Turkey?

Turkey is one of the countries where the cost of living is low when compared to the rest of the European and American countries, and in general, the cost of living in a country like Turkey is 50% low when compared to Western European countries, and this includes the costs of food, housing and public services, and the low cost of living in it does not mean that it is a developing country or provides medium services, but on the contrary, Turkey is a developed country with its economy and the diversity of its facilities, and it is famous for its modern and advanced infrastructure, and provides all services to its residents, whether Public or recreational services.

For this reason, many wonder about the appropriate income to live in Turkey, in order to ensure them a life full of material and moral stability, without fear of falling into financial problems or additional expenses, and this is what we will talk about in detail.

Income suitable for living in Turkey for families

Turkey is a great place to live for families, because the cost of living in it is relatively low, especially when compared to Western countries, and it also has a lot of recreational places where families can do many activities with their children.

When talking about costs accurately, housing is one of the largest expenses for families in Turkey, but there are ways to reduce these costs by renting an apartment within a residential complex and not buying a house, and many families choose to live within these complexes because of the safety, stability and service facilities they provide that meet the needs of the family.

Moreover, the costs of education for children under the age of 18 in Turkey do not exist, education is free in Turkish schools and for all levels, and families in Turkey receive health care at appropriate costs and at a high level, and all these reasons make Turkey a great place for families to live in.

It is worth noting that the cost of living for families in Turkey reaches 1000 US dollars per month for a large family, and the costs may increase or decrease from one region to another, and if you are a low-income person, stay away from living in Istanbul and go to other Turkish cities, because the cost of living in them is high compared to the rest of the Turkish states.

Income suitable for living in Turkey per capita

We talked above about the low cost of living in Turkey in general, and how to reduce costs for families, does this apply to the cost of living per capita as well?

Of course, yes, individuals in Turkey can live stable and safe, and at low costs as they can rent small apartments or studio apartments, which are the most widespread in Turkey, especially as most of its visitors are students and job seekers, and the cost of renting a studio is low compared to large apartments for families.

It should be noted that the prices of food commodities in Turkey are also low and suitable for low-income people as well, in addition to the costs of public transportation, which are always available in all Turkish cities.

As for the costs that an individual needs to live in Turkey in an acceptable manner, they range between 400 and 600 dollars per month per person, and they include housing, food, transportation, and recreational trips.

Cost of living in Turkey for students

Studying in Turkey is a dream of many international students, as it is one of the developed countries in the field of university education, and for this more than 148,000 foreign students flock to study in its prestigious universities, which occupied a distinguished position among the best universities in the world, moreover, the most important reasons for attracting students is the low cost of living in it in general, as the costs of food, housing, transportation and study are low than the rest of the countries, although this is not reflected on the quality of education in them, allowing students to receive sophisticated educational programs similar to renowned European educational institutions, but at relatively lower costs.

Students can benefit from university housing to save the expense of housing, and Turkey offers students a variety of options of public and private youth housing, in addition to the transportation card that gives its holder large discounts on the cost of transportation per month, which may reach 50 US dollars per month without a discount.

Read also:

Bayezit Street in Turkey is one of the finest streets in Istanbul

Urban area in Istanbul

Average cost of living and housing in Turkey

Turkey is classified among the countries that are balanced in its expenses with its income for families and people, meaning that there is a proportion between the income of the individual and his cost of living, and this is what we will explain to you through the following:

Housing costs and rents

Housing costs and rents vary greatly from place to place, and from one apartment to another, there are several factors that affect the price of the apartment, whether for purchase or rent, which is summarized in its space, divisions, number of rooms, cladding, and most importantly of all its location and view, you can rent a two-room apartment and a hall in good condition and an average area in one of the popular areas in Istanbul, starting from 3000 Turkish liras per month, and this amount can double more if the apartment is within one of the luxury residential complexes.

Food costs

Food and drink expenses in Turkey are not considered high despite the distinction and richness of Turkish dishes, and an individual can eat his meal in one of the famous restaurants at an average cost of 35 liras per person, but if you want to reduce this cost, you can rely on home cooking, because the prices of vegetables, meat and fruits in Turkey suit all individuals, regardless of their income.

Transportation costs

You can take advantage of various means of public transportation such as metro, tram, buses, and then metrobus by using one smart card, which is filled either through a bank account or through smart phone applications, and you can charge it through dedicated devices that are everywhere.

As for the costs of transportation through these transportation in Istanbul, for example, they range between 3.5 liras and 7 liras, and this price varies from one city to another.

Billing Rates

Gas, electricity, water and Internet companies in Turkey provide their services to homes directly through fixed connections, and issue their bills on a monthly basis, and their value varies according to consumption limits, and as an average of the costs of these bills, they range from 350 to 500 Turkish liras on average.

Insurance and healthcare costs

The Turkish Immigration Department obliges individuals applying for residence in Turkey to provide general health insurance for each person, but the value of this insurance varies according to the age group, and its average annual cost is up to 250 Turkish liras, with the exception of children and the elderly over 60 years old.

 

Thus, Skyline Real Estate has explained to you the value of the appropriate income to live in Turkey approximately, and has also explained to you an overview of the housing, living and transportation costs you need, and you can contact Skyline Real Estate for more information and details about living in Turkey.