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Cost of Living in Istanbul Soars to $2,320 for Families as Inflation Keeps Urban Budgets Under Strain

Summary by Bazaar Times
The Istanbul Planning Agency (IPA) has calculated the average monthly cost of living for a family of four in Türkiye’s largest city at ₺90,032 ($2,320) as of April 2025, marking a 2.9% rise from the previous month and a significant 51.7% increase compared to the same period last year. To put this into context, the reported figure is over four times higher than the net minimum wage of ₺22,104, underscoring the growing financial burden on househol…
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Bazaar Times broke the news in on Saturday, May 17, 2025.
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