Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Fakenham

For one person, living is cheaper in Istanbul: $1,550 a month against $2,362 in Fakenham, rent and utilities included – about $9,700 less a year. Rent and utilities account for most of the difference.

75

Cost of Living Index in Istanbul
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Istanbul Living Index
114

Cost of Living Index in Fakenham
Learn more

Fakenham Living Index

Jump to prices

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Fakenham

🇬🇧 United Kingdom

$2,362

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Fakenham

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

Monthly costs for one person with rent: $1,550 in Istanbul versus $2,362 in Fakenham.

Istanbul $1,550
Fakenham $2,362

Estimated couple costs with rent: $2,415 in Istanbul versus $3,423 in Fakenham.

Istanbul $2,415
Fakenham $3,423

Monthly costs for a family of three with rent: $3,281 in Istanbul versus $4,484 in Fakenham.

Istanbul $3,281
Fakenham $4,484

Living in Istanbul costs roughly 34% less than in Fakenham, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Istanbul 15% above, Fakenham 75% above.

Meal at Budget Restaurant

$12.30 ₺609

$21.76 £16.32

-43.47%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,708

$67.2 £50.4

-18.55%

Fast Food Meal (McDonalds, etc)

$9.22 ₺456

$9.29 £6.97

-0.75%

Cappuccino

$4.40 ₺218

$4.77 £3.58

-7.76%

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

$1.68 ₺83.1

$2.29 £1.72

-26.64%

Water (0.33 liter bottle)

$0.59 ₺29.40

$1.36 £1.02

-56.62%

Local Beer (0.5 liter draught)

$4.70 ₺233

$6.44 £4.83

-27.02%

Imported Beer (0.33 liter bottle)

$5.91 ₺292

$5.19 £3.90

13.87%

Milk (1 liter)

$1.21 ₺60.0

$1.65 £1.24

-26.67%

White Bread (500g)

$0.89 ₺44.10

$1.52 £1.14

-41.45%

Rice (white) (1kg)

$2.19 ₺108

$2.16 £1.62

1.39%

Eggs

$2.35 ₺116

$4.06 £3.05

-42.12%

Local Cheese (1kg)

$10.42 ₺516

$9.62 £7.22

8.32%

Chicken Fillets (1kg)

$5.65 ₺280

$8.82 £6.62

-35.94%

Beef Round Steak (1kg)

$20.94 ₺1,037

$14.70 £11.03

42.45%

Apples (1kg)

$1.90 ₺94.1

$2.80 £2.10

-32.14%

Banana (1kg)

$2.31 ₺114

$1.53 £1.15

50.98%

Oranges (1kg)

$1.28 ₺63.1

$2.60 £1.95

-50.77%

Tomato (1kg)

$1.80 ₺89.0

$3.58 £2.68

-49.72%

Potato (1kg)

$0.65 ₺32.16

$1.55 £1.17

-58.06%

Onion (1kg)

$0.64 ₺31.91

$1.50 £1.12

-57.33%

Lettuce (1 head)

$1.25 ₺62.1

$1.17 £0.88

6.84%

Water (1.5 liter bottle)

$0.56 ₺27.58

$1.51 £1.14

-62.91%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₺118

$20.28 £15.21

-88.31%

Wine (Bottle)

$13.42 ₺664

$11.04 £8.28

21.56%

Local Beer (0.5 liter bottle)

$2.40 ₺119

$2.48 £1.86

-3.23%

Imported Beer (0.33 liter bottle)

$3.48 ₺172

$3.19 £2.40

9.09%

One-way Ticket (Public Transport)

$0.89 ₺43.84

$3.52 £2.64

-74.72%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

$96.9 £72.7

-30.42%

Taxi Start (Normal Tariff)

$1.29 ₺64.1

$4.97 £3.73

-74.04%

Taxi (Normal Tariff) (1km)

$0.92 ₺45.70

$3.89 £2.92

-76.35%

Taxi 1hour Waiting (Normal Tariff)

$10.96 ₺542

$25.37 £19.03

-56.80%

Gasoline (1 liter)

$1.47 ₺72.9

$2.07 £1.55

-28.99%

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

$50.8K ₺2.5M

$38.7K £29.0K

31.19%

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

$44.5K ₺2.2M

$40.8K £30.6K

9.06%

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

$88.6 ₺4,387

$317 £238

-72.05%

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

$11.59 ₺574

$16.14 £12.11

-28.19%

Internet (50+ Mbps, Unlimited Data)

$15.81 ₺783

$42.77 £32.08

-63.03%

Gym Membership (Monthly)

$77.2 ₺3,820

$46.27 £34.71

66.76%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$8.14 ₺403

$12.08 £9.06

-32.62%

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

$1,008 ₺49.9K

$1,250 £938

-19.37%

International Primary School, 1 Child (Yearly)

$25.6K ₺1.3M

$26.2K £19.6K

-2.34%

Jeans (Levis 501 Or Similar)

$54.0 ₺2,671

$81.4 £61.0

-33.69%

Summer Dress (H&M, Zara, etc)

$40.83 ₺2,021

$42.18 £31.65

-3.20%

Sport Shoes (Adidas, Nike)

$98.9 ₺4,895

$107 £79.9

-7.16%

Men's Leather Business Shoes

$96.6 ₺4,783

$108 £80.7

-10.20%

1-bedroom Apartment, City Center (Monthly)

$985 ₺48.7K

$1,202 £902

-18.08%

1-bedroom Apartment, Outside City Center (Monthly)

$650 ₺32.2K

$1,015 £762

-36.01%

3-bedroom Apartment, City Center (Monthly)

$1,983 ₺98.2K

$2,070 £1,553

-4.18%

3-bedroom Apartment, Outside City Center (Monthly)

$1,180 ₺58.4K

$1,670 £1,253

-29.33%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

$4,994 £3,747

-37.17%

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

$3,824 £2,869

-53.46%

Average Monthly Net Salary (After Tax)

$1,205 ₺59.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

40.92

5.33

667.73%

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

Last update for Istanbul: October 13, 2026

Last update for Fakenham: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$650 41.9%

Fakenham

$1K 43% 56.3% $366

Groceries & Markets

Istanbul

$260 16.8%

Fakenham

$297 12.6% 14.2% $37

Eating Out

Istanbul

$223 14.4%

Fakenham

$316 13.4% 41.7% $93

Clothing & Footwear

Istanbul

$131 8.4%

Fakenham

$152 6.4% 16.3% $21

Monthly Utilities & Internet

Istanbul

$116 7.5%

Fakenham

$376 15.9% 224% $260

Sport & Entertainment

Istanbul

$93 6%

Fakenham

$70 3% 24.6% $23

Getting Around

Istanbul

$77 5%

Fakenham

$135 5.7% 76.2% $59

Cost Breakdown

A one-bedroom apartment in the center runs $985 in Istanbul and $1,202 in Fakenham. Housing cost is often the main lever when comparing two cities.

Dining out: $55.0 in Istanbul vs $67.0 in Fakenham for a mid-range dinner for two. Groceries echo the gap at $260 vs $297 per month, with Istanbul cheaper across the board.

Good to know

🇹🇷 Istanbul

🇬🇧 Fakenham

🕒 Local time

10:37 10:37 AM

08:37 8:37 AM

2 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

7,600

💱 Currency

Turkish Lira TRY ₺

British Pound GBP £

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

1 GBP = 1.33 USD

1 GBP = 1.19 EUR

Exchange rates and currency converter

GBP, USD, EUR to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 20, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 EUR).

British Pound exchange rates as of October 20, 2026: 1 USD = 0.75 GBP (1 GBP = 1.33 USD). 1 EUR = 0.843 GBP (1 GBP = 1.19 EUR).

USD to TRY in detail →

On the map

Lowest

Highest

Between locations

Istanbul Fakenham 2,480 km ≈ 3 h 30 min nonstop flight

From you

Istanbul
Fakenham

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

Istanbul vs Fakenham: Cost of Living - Frequently Asked Questions

Istanbul wins on cost – living expenses run 52% lower than in Fakenham. Housing and daily spending are where you'll feel the difference most, making Istanbul the obvious pick if budget is a priority.

You'd need roughly $2,325 in Istanbul and $3,543 in Fakenham to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

Rent for a central apartment: $985 in Istanbul versus $1,202 in Fakenham. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Istanbul – a meal for two runs $55.0 versus $67.0 in Fakenham. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $1,550 per month in Istanbul versus $2,362 in Fakenham – a 52% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,550 in Istanbul versus $2,362 in Fakenham, a $1,500 budget is realistic in Istanbul but tight or insufficient in Fakenham. The gap between the two cities makes Istanbul the clear choice for anyone on this budget.

Both work as nomad bases, but Istanbul delivers better value – similar infrastructure at $1,550 monthly. If stretching your runway or maximizing savings is the goal, the price difference makes Istanbul hard to pass up.

Safety-wise, Istanbul and Fakenham are on par. Petty crime is typical for cities this size, and most residents feel comfortable going about their daily routines in either place.

Expats usually find Istanbul gentler on the wallet – expenses run 52% less than in Fakenham. Beyond cost, consider language, visa policies, and how big the international community is in each city.