Istanbul, Turkey

What is the average cost of housing in Turkey?

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If you are thinking about moving to Turkey, cost of living in probably a key consideration. Expats commented about the cost of housing...

"Housing costs in Istanbul are expensive compared to the UK - even compared to London. The average cost of, for example, a 3 bed apartment on a compound would probably be approx. US$ 3,000 per month. Villas on similar compounds can be rented for anything between US$ 4,500 - 10,000 per month," wrote a member who made the move to Istanbul, Turkey.

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"Do your research. Inflation over 70% so real estate is the only place to put your money. Russian/Ukraine situation has 100,000 new emigres all buying. Both conditions make real estate at the higher prices compared to anyplace in the world," explained one expat living in Turkey.

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What is the average cost of housing in Turkey?

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About the Author

Betsy Burlingame Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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