The Cost of Living in Istanbul Reaches 75,717 TL Monthly

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The Cost of Living in Istanbul Reaches 75,717 TL Monthly

Forex - The cost of living in Istanbul reached 75,717 TL in November. The cost of living in Istanbul increased by 59.43% compared to the same month last year. The average cost of living for a family of four in Istanbul was calculated as 75,717 TL. The cost of living in Istanbul rose by 2.68% compared to the previous month.

Year Month Monthly Change Rate
2023 January 6.64%
2023 February 3.86%
2023 March 4.01%
2023 April 3.10%
2023 May 2.24%
2023 June 5.59%
2023 July 9.75%
2023 August 9.69%
2023 September 4.62%
2023 October 3.13%
2023 November 3.35%
2023 December 3.51%
2024 January 7.93%
2024 February 4.26%
2024 March 4.07%
2024 April 3.06%
2024 May 3.69%
2024 June 3.25%
2024 July 4.76%
2024 August 3.58%
2024 September 3.62%
2024 October 3.23%
2024 November 2.68%

Table 1: Monthly Comparison of Cost of Living Change Rate in Istanbul
Compared to November of the previous year, the annual increase rate of the cost of living in Istanbul was 59.43%.

Year Month Annual Change Rate
2023 January 102.82%
2023 February 98.97%
2023 March 86.14%
2023 April 77.05%
2023 May 67.95%
2023 June 63.86%
2023 July 73.24%
2023 August 80.59%
2023 September 79.42%
2023 October 76.69%
2023 November 78.48%
2023 December 78.13%
2024 January 80.29%
2024 February 81.00%
2024 March 81.12%
2024 April 81.05%
2024 May 83.61%
2024 June 79.55%
2024 July 71.40%
2024 August 61.84%
2024 September 60.30%
2024 October 60.46%
2024 November 59.43%

Table 2: Annual Comparison of Cost of Living Change Rate in Istanbul
In November, the average cost of living for a family of four in Istanbul was calculated as 75,717 TL. The average cost of living in Istanbul increased by 1,978 TL compared to the previous month.

Year Month Cost of Living
2023 January 29,429 TL
2023 February 30,563 TL
2023 March 31,788 TL
2023 April 32,772 TL
2023 May 33,507 TL
2023 June 35,380 TL
2023 July 38,828 TL
2023 August 42,593 TL
2023 September 44,561 TL
2023 October 45,956 TL
2023 November 47,493 TL
2023 December 49,159 TL
2024 January 53,058 TL
2024 February 55,321 TL
2024 March 57,573 TL
2024 April 59,334 TL
2024 May 61,523 TL
2024 June 63,524 TL
2024 July 66,550 TL
2024 August 68,933 TL
2024 September 71,431 TL
2024 October 73,739 TL
2024 November 75,717 TL

Table 3: Average Cost of Living Amount in Istanbul
Bread products increased by 46.63% on an annual basis. Among the basic consumer goods, a notable price increase of 72.37% was observed in the prices of meat and minced meat products compared to November of the previous year.

Product Annual Change Monthly Change
Bulgur 37.61% -0.53%
Pasta 45.54% 3.80%
Noodles 45.21% 5.48%
Meat-Mince 72.37% 4.06%
Chicken Meat 53.51% 0.82%
Sunflower Oil 67.29% 4.96%
Chickpeas 50.26% 3.85%
Granulated Sugar 28.11% 3.98%
Tea 44.90% 2.74%
Sweatshirt (Men) 21.58% -4.88%
Pants (Women) 26.88% -3.64%
Sweatshirt (Children) 53.12% -4.26%
Soap 92.63% 7.12%
Baby Diapers 44.36% 2.63%

Table 4: Monthly and Annual Price Change Rates of Products