LIVING COST IN TURKEY , The first question by any foreigner family who’s planning to settle in Turkey, they are curious about how they’re going to live and spend money. Due to Turkey’s successful economy, qualified and competitive labor force liberal and reformist investment climate, infra-structure, a centrally located and a bridge from Europe to Asia, energy corridor and terminal of europe, low taxes and incentives customs union with the EU since 1996 and a large domestic market.
Turkey, has recently confirmed the minimum salary to be 2029 Turkish lira, as a result of the global increase of prices.
Cost of Living in Turkey vary from city to another according to the demand of this city, Istanbul city has recorded the highest city in costs to live in as it’s the center of business and the high demand for living in it.
Expenses in Turkey distributed between many factors and most of expenses goes to markets and transportation. The cost of monthly rent for an apartment is expected to be 850 Turkish lira outside the city center and the cost for food can vary to be 600-700 Turkish lira. The transportation cost for one-way ticket is 2.75 Turkish lira.
