Turkey Cost of Living Analytics

Living expenses and utilities

Basic Utilities (85m²)

$75

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

$11

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

$588

Average monthly net salary after tax

Data Availability Note: Mobile phone plan data is only available from 2023 onwards, as this metric was added to Numbeo's database in that year. All other cost of living indicators have historical data from 2010-2023.

Basic Utilities (85m²)

Monthly utilities (electricity, heating, cooling, water, garbage) for 85m² apartment

Mobile Phone Plan

Mobile phone monthly plan with calls and 10GB+ data

Internet (60 Mbps)

Internet (60 Mbps or more, unlimited data) monthly cost

Average Monthly Salary

Average monthly net salary after tax

Additional Insights

Expert analysis of Turkey Cost of Living trends and investment implications

Market Overview

Turkey's cost of living for expats and digital nomads is moderately affordable, with basic utilities and internet costs taking a reasonable share of the average salary. However, rising costs of living outpace salary growth, posing potential long-term affordability challenges. Investors should consider the balance of cost against quality of life and connectivity infrastructure when assessing Turkey as a destination for remote work or investment.

Key Findings

Data-driven insights

•Basic utilities, including electricity, heating, cooling, water, and garbage, cost approximately $80 per month for an 85m2 apartment.
•High-speed internet (60 Mbps or more, unlimited data) costs around $12 per month, which is competitive compared to Western Europe.
•Mobile plans with 5GB data are available for about $10, which is affordable relative to the average net salary of approximately $600/month.
•Utilities and connectivity costs constitute roughly 17% of average monthly income, indicating a manageable expense ratio for most earners.

Market Trends

Historical patterns

•Utility costs have increased by an average of 4.5% annually over the past decade, slightly outpacing the average salary growth of 3.8%.
•Internet costs have decreased by approximately 20% over the past 10 years as infrastructure and competition have improved.
•Mobile data costs have stabilized recently after a decade of decline, reflecting the maturity of the telecom market in Turkey.

For Investors

Actionable takeaways

•Expats and remote workers should budget around $100 per month for utilities and connectivity, ensuring they allocate a realistic portion of their income.
•Given the competitive internet costs, Turkey offers a good value proposition for digital nomads needing reliable connectivity.
•Investors should be cautious of the potential for rising utility costs to erode affordability if salary growth remains sluggish.
•Property investors can market Turkish accommodations as cost-effective bases for digital nomads, leveraging the affordable internet and mobile services.

Market Context

Compared to similar emerging markets, Turkey's cost of living, particularly in utilities and connectivity, remains competitive, offering a balance of affordability and infrastructure. This makes it an attractive option for expats and digital nomads seeking a cost-effective yet connected environment.

💡 Insights based on historical data. Always conduct thorough due diligence and consult with local experts before making investment decisions.