Last update: Oct 2026

Cost of Living Comparison Between Fermoy and Istanbul

For one person, living is cheaper in Istanbul: $1,550 a month against $2,397 in Fermoy, rent and utilities included – about $10,200 less a year. Rent and utilities account for most of the difference.

124

Cost of Living Index in Fermoy
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Fermoy Living Index
75

Cost of Living Index in Istanbul
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Istanbul Living Index

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Fermoy

🇮🇪 Ireland

$2,397

/mo nomad

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Monthly Cost of Living

How much you'll spend in Fermoy and in Istanbul

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Fermoy and in Istanbul actually costs, broken down by who's living it.

A single person spends $2,397 per month in Fermoy vs $1,550 in Istanbul, rent included.

Fermoy $2,397
Istanbul $1,550

A couple spends around $3,554 per month in Fermoy vs $2,415 in Istanbul, rent included.

Fermoy $3,554
Istanbul $2,415

A family of three spends $4,712 per month in Fermoy vs $3,281 in Istanbul, rent included.

Fermoy $4,712
Istanbul $3,281

Fermoy costs about 55% more than Istanbul, and outside of rent the biggest gap is in groceries.

Both Fermoy and Istanbul sit above the global median – Fermoy by 78%, Istanbul by 15%.

Meal at Budget Restaurant

$12.12 €10.78

$12.30 ₺609

-1.46%

Three-Course Dinner for Two, Mid-Range

$68.0 €60.4

$54.7 ₺2,708

24.24%

Fast Food Meal (McDonalds, etc)

$10.07 €8.96

$9.22 ₺456

9.22%

Cappuccino

$3.65 €3.24

$4.40 ₺218

-17.05%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.17 €1.93

$1.68 ₺83.1

29.17%

Water (0.33 liter bottle)

$1.74 €1.55

$0.59 ₺29.40

194.92%

Local Beer (0.5 liter draught)

$4.59 €4.08

$4.70 ₺233

-2.34%

Imported Beer (0.33 liter bottle)

$5.43 €4.83

$5.91 ₺292

-8.12%

Milk (1 liter)

$1.59 €1.42

$1.21 ₺60.0

31.40%

White Bread (500g)

$2.02 €1.80

$0.89 ₺44.10

126.97%

Rice (white) (1kg)

$1.14 €1.02

$2.19 ₺108

-47.95%

Eggs

$4.88 €4.34

$2.35 ₺116

107.66%

Local Cheese (1kg)

$10.17 €9.04

$10.42 ₺516

-2.40%

Chicken Fillets (1kg)

$12.85 €11.43

$5.65 ₺280

127.43%

Beef Round Steak (1kg)

$16.25 €14.45

$20.94 ₺1,037

-22.40%

Apples (1kg)

$2.79 €2.48

$1.90 ₺94.1

46.84%

Banana (1kg)

$2.29 €2.03

$2.31 ₺114

-0.87%

Oranges (1kg)

$2.71 €2.41

$1.28 ₺63.1

111.72%

Tomato (1kg)

$5.29 €4.70

$1.80 ₺89.0

193.89%

Potato (1kg)

$1.85 €1.64

$0.65 ₺32.16

184.62%

Onion (1kg)

$1.51 €1.35

$0.64 ₺31.91

135.94%

Lettuce (1 head)

$1.32 €1.17

$1.25 ₺62.1

5.60%

Water (1.5 liter bottle)

$2.07 €1.84

$0.56 ₺27.58

269.64%

Cigarettes 20 Pack (Marlboro, Camel)

$19.24 €17.11

$2.37 ₺118

711.81%

Wine (Bottle)

$11.26 €10.01

$13.42 ₺664

-16.10%

Local Beer (0.5 liter bottle)

$3.37 €3.00

$2.40 ₺119

40.42%

Imported Beer (0.33 liter bottle)

$3.45 €3.07

$3.48 ₺172

-0.86%

One-way Ticket (Public Transport)

$2.63 €2.34

$0.89 ₺43.84

195.51%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

Taxi Start (Normal Tariff)

$5.01 €4.45

$1.29 ₺64.1

288.37%

Taxi (Normal Tariff) (1km)

$1.55 €1.38

$0.92 ₺45.70

68.48%

Taxi 1hour Waiting (Normal Tariff)

$38.20 €33.97

$10.96 ₺542

248.54%

Gasoline (1 liter)

$1.86 €1.65

$1.47 ₺72.9

26.53%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$38.1K €33.9K

$50.8K ₺2.5M

-24.99%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$39.7K €35.3K

$44.5K ₺2.2M

-10.89%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$278 €247

$88.6 ₺4,387

213.89%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$18.10 €16.10

$11.59 ₺574

56.17%

Internet (50+ Mbps, Unlimited Data)

$51.6 €45.86

$15.81 ₺783

226.19%

Gym Membership (Monthly)

$58.9 €52.4

$77.2 ₺3,820

-23.70%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$15.60 €13.87

$8.14 ₺403

91.65%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$1,282 €1,140

$1,008 ₺49.9K

27.15%

International Primary School, 1 Child (Yearly)

$5,425 €4,825

$25.6K ₺1.3M

-78.78%

Jeans (Levis 501 Or Similar)

$107 €95.2

$54.0 ₺2,671

98.41%

Summer Dress (H&M, Zara, etc)

$51.0 €45.33

$40.83 ₺2,021

24.83%

Sport Shoes (Adidas, Nike)

$114 €101

$98.9 ₺4,895

15.39%

Men's Leather Business Shoes

$129 €114

$96.6 ₺4,783

33.03%

1-bedroom Apartment, City Center (Monthly)

$1,556 €1,384

$985 ₺48.7K

58.08%

1-bedroom Apartment, Outside City Center (Monthly)

$1,181 €1,051

$650 ₺32.2K

81.83%

3-bedroom Apartment, City Center (Monthly)

$2,578 €2,293

$1,983 ₺98.2K

30.00%

3-bedroom Apartment, Outside City Center (Monthly)

$2,120 €1,885

$1,180 ₺58.4K

79.64%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

Average Monthly Net Salary (After Tax)

$1,707 €1,518

$1,205 ₺59.7K

41.58%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.82

40.92

-90.66%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Fermoy: October 12, 2026

Last update for Istanbul: October 13, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Fermoy

$1.2K 49.3%

Istanbul

$650 41.9% 45% $532

Groceries & Markets

Fermoy

$354 14.8%

Istanbul

$260 16.8% 26.6% $94

Monthly Utilities & Internet

Fermoy

$348 14.5%

Istanbul

$116 7.5% 66.6% $232

Eating Out

Fermoy

$220 9.2%

Istanbul

$223 14.4% 1.3% $2.9

Clothing & Footwear

Fermoy

$180 7.5%

Istanbul

$131 8.4% 27.6% $50

Sport & Entertainment

Fermoy

$90 3.8%

Istanbul

$93 6% 3.7% $3.4

Getting Around

Fermoy

$23 * 1%

Istanbul

$77 5% 230% $54

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $1,556 in Fermoy versus $985 in Istanbul. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 42% higher in Fermoy, which partly offsets the higher cost of living there. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $68.0 in Fermoy versus $55.0 in Istanbul. Monthly groceries follow the same trend: $354 vs $260 – making Istanbul the more affordable choice for daily food spending.

Good to know

🇮🇪 Fermoy

🇹🇷 Istanbul

🕒 Local time

12:29 12:29 PM

14:29 2:29 PM

2 h ahead of Fermoy

🌤 Weather

👥 Population

6,500

15,701,602

💱 Currency

Euro EUR €

Turkish Lira TRY ₺

📈 Exchange rate

1 EUR = 1.12 USD

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

Exchange rates and currency converter

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Between locations

Fermoy Istanbul 3,060 km ≈ 4 h 15 min nonstop flight

From you

Fermoy
Istanbul

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Fermoy vs Istanbul: Cost of Living - Frequently Asked Questions

Fermoy costs about 55% more than Istanbul, and outside of rent the gap comes mainly from groceries. That's enough to noticeably affect everyday spending and lifestyle for anyone choosing between the two.

For a comfortable life, plan on about $3,595 per month in Fermoy and $2,325 in Istanbul. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Istanbul, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Monthly expenses with rent come to $2,397 in Fermoy and $1,550 in Istanbul. That's a gap of about 55%.

Kindergarten costs $1,282 per month in Fermoy and $1,008 in Istanbul. For families with young kids, this one expense can tip the scales when choosing between the two cities.

A $1,500 monthly budget goes further in Istanbul, where all-in costs run around $1,550, than in Fermoy at $2,397. In Istanbul it covers expenses comfortably, while in Fermoy it requires careful planning or may not stretch far enough.

For digital nomads, it depends on budget. Istanbul costs $1,550 versus $2,397 in Fermoy. Both have workable remote work infrastructure, but the cost gap matters when income varies month to month.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Istanbul. If higher salaries, better infrastructure, or specific career opportunities are the priority, Fermoy makes more sense. Both are solid long-term options with distinct trade-offs.