Cost of living in Izmir
By
Ramin Babaei
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What is the cost of living in Izmir Turkey?
Overall Family expenses in Izmir
For a family of four, the estimated monthly costs are around 10.000 TL without rent. For a single person, the estimated monthly costs are 3.000 TL without rent. The cost-of-living index in Izmir is almost 10% lower than in Istanbul. Real-Estate in Izmir is, on average, 30% lower priced than in Istanbul.
Restaurant and bar costs in Izmir
In general, we can say that restaurants and bars are less expensive than in Istanbul. In Cesme or touristic locations prices are higher than in Izmir. If we compare prices with the other luxury coastal town Bodrum, the prices in Izmir touristic coastal are a bit lower.
Nevertheless, Cesme or other luxury costal area in Izmir are still a very affordable place in comparison with the luxury seaside resorts in France, Spain, or Dubai. The costs for a complete fancy dinner in a luxurious restaurant in a Yacht harbor are around $ 30 dollars for each person including a few alcoholic beverages.
