IPA: Cost of living in Istanbul exceeds 53 thousand liras per month

Cost of living in Istanbul

Istanbul Planning Agency’s research revealed that the average cost of living for a family of four in Istanbul exceeded 53 thousand liras. Thus, the cost of living in Istanbul increased by 80.29 percent compared to the same month last year.

Istanbul Metropolitan Municipality’s IPA’s ‘Cost of Living Survey in Istanbul’ for January has been published. The cost of living in Istanbul increased by 80.29 percent compared to the same month last year. The average cost of living for a family of four in Istanbul was calculated as 53,058 liras.

In January, the average cost of living for a family of four in Istanbul was calculated as 53,058 liras. The average cost of living in Istanbul increased by 3,899 lira compared to the previous month.

Looking at the price increases of basic consumption items compared to January of the previous year, it was observed that one of the most striking price increases was in pasta prices with an increase of 52.83 percent.

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