How affordable is living in Istanbul when earning in US dollars?

Payments
Asked by Question Bot08/Sep/20191 answer

1 Answer

F

Faisal Khan

Answered 08/Sep/2019

First of all, earning in US Dollars is a huge benefit as it is in Turkey. As the Turkish Lira has weakened against the US Dollar, luckily you will not be in that position where your purchasing power is seriously diminished.

I do feel sorry for the locals who earn in Turkish Liras, but if you earn in US Dollars, thank your lucky stars. The cost of living in Istanbul? Let’s compare it to a few cities in the world:

As you can see, it is quite economical for a city to live in. If you move to a neighborhood slightly outside of Istanbul (or on the outskirts), the cost goes down even further.