Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Gmunden

For one person, living is cheaper in Istanbul: $1,550 a month against $2,145 in Gmunden, rent and utilities included – about $7,100 less a year. Rent and utilities account for most of the difference.

Istanbul
🇹🇷 Turkey
$1,550
/mo nomad
Gmunden
🇦🇹 Austria
$2,145
/mo nomad
Monthly Cost of Living

How much you'll spend in Istanbul and in Gmunden

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 Gmunden actually costs, broken down by who's living it.

A single person spends $1,550 per month in Istanbul vs $2,145 in Gmunden, rent included.

  • Istanbul $1,550
  • Gmunden $2,145

A couple spends around $2,415 per month in Istanbul vs $3,223 in Gmunden, rent included.

  • Istanbul $2,415
  • Gmunden $3,223

A family of three spends $3,281 per month in Istanbul vs $4,301 in Gmunden, rent included.

  • Istanbul $3,281
  • Gmunden $4,301

Istanbul is about 28% cheaper than Gmunden, and outside of rent the biggest gap is in groceries.

Both Istanbul and Gmunden sit above the global median – Istanbul by 15%, Gmunden by 59%.

Currency
🍽 Eating Out
Istanbul
Gmunden
Difference
Meal at Budget Restaurant
$12.30 ₺609
$16.57 €14.74
-25.77%
Three-Course Dinner for Two, Mid-Range
$54.7 ₺2,708
$85.4 €75.9
-35.91%
Fast Food Meal (McDonalds, etc)
$9.22 ₺456
$11.03 €9.82
-16.41%
Cappuccino
$4.40 ₺218
$4.37 €3.89
0.69%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.68 ₺83.1
$3.39 €3.02
-50.44%
Water (0.33 liter bottle)
$0.59 ₺29.40
$2.92 €2.60
-79.79%
Local Beer (0.5 liter draught)
$4.70 ₺233
$5.53 €4.92
-15.01%
Imported Beer (0.33 liter bottle)
$5.91 ₺292
$5.64 €5.02
4.79%
🛒 Groceries & Markets
Istanbul
Gmunden
Difference
Milk (1 liter)
$1.21 ₺60.0
$1.74 €1.55
-30.46%
White Bread (500g)
$0.89 ₺44.10
$2.49 €2.21
-64.26%
Rice (white) (1kg)
$2.19 ₺108
$2.37 €2.10
-7.59%
Eggs
$2.35 ₺116
$4.57 €4.07
-48.58%
Local Cheese (1kg)
$10.42 ₺516
$22.16 €19.71
-52.98%
Chicken Fillets (1kg)
$5.65 ₺280
$12.70 €11.30
-55.51%
Beef Round Steak (1kg)
$20.94 ₺1,037
$21.82 €19.41
-4.03%
Apples (1kg)
$1.90 ₺94.1
$2.87 €2.56
-33.80%
Banana (1kg)
$2.31 ₺114
$2.50 €2.22
-7.60%
Oranges (1kg)
$1.28 ₺63.1
$3.32 €2.96
-61.45%
Tomato (1kg)
$1.80 ₺89.0
$3.94 €3.51
-54.31%
Potato (1kg)
$0.65 ₺32.16
$2.56 €2.28
-74.61%
Onion (1kg)
$0.64 ₺31.91
$3.06 €2.72
-79.08%
Lettuce (1 head)
$1.25 ₺62.1
$2.26 €2.01
-44.69%
Water (1.5 liter bottle)
$0.56 ₺27.58
$1.29 €1.14
-56.59%
Cigarettes 20 Pack (Marlboro, Camel)
$2.37 ₺118
$7.80 €6.94
-69.62%
Wine (Bottle)
$13.42 ₺664
$8.79 €7.82
52.67%
Local Beer (0.5 liter bottle)
$2.40 ₺119
$1.34 €1.19
79.10%
Imported Beer (0.33 liter bottle)
$3.48 ₺172
$2.30 €2.05
51.30%
🚌 Getting Around
Istanbul
Gmunden
Difference
One-way Ticket (Public Transport)
$0.89 ₺43.84
$2.48 €2.20
-64.11%
Public Transport Monthly Pass (Regular Price)
$67.4 ₺3,338
$56.1 €49.88
20.24%
Taxi Start (Normal Tariff)
$1.29 ₺64.1
$5.66 €5.03
-77.21%
Taxi (Normal Tariff) (1km)
$0.92 ₺45.70
$2.42 €2.15
-61.98%
Taxi 1hour Waiting (Normal Tariff)
$10.96 ₺542
$30.76 €27.36
-64.37%
Gasoline (1 liter)
$1.47 ₺72.9
$1.81 €1.61
-18.78%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.8K ₺2.5M
$30.5K €27.1K
66.49%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$44.5K ₺2.2M
$30.6K €27.2K
45.58%
🧾 Monthly Utilities & Internet
Istanbul
Gmunden
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$88.6 ₺4,387
$337 €300
-73.74%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.59 ₺574
$15.61 €13.89
-25.75%
Internet (50+ Mbps, Unlimited Data)
$15.81 ₺783
$38.11 €33.90
-58.51%
🎉 Sport & Entertainment
Istanbul
Gmunden
Difference
Gym Membership (Monthly)
$77.2 ₺3,820
$47.35 €42.12
62.96%
Tennis Court (1 Hour on Weekend)
$22.74 ₺1,126
$23.10 €20.55
-1.56%
Cinema Ticket
$8.14 ₺403
$15.48 €13.77
-47.42%
🧸 Childcare & Education
Istanbul
Gmunden
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,008 ₺49.9K
$451 €401
123.76%
International Primary School, 1 Child (Yearly)
$25.6K ₺1.3M
$15.6K €13.9K
63.94%
👕👟 Clothing & Footwear
Istanbul
Gmunden
Difference
Jeans (Levis 501 Or Similar)
$54.0 ₺2,671
$85.3 €75.9
-36.77%
Summer Dress (H&M, Zara, etc)
$40.83 ₺2,021
$60.0 €53.4
-31.94%
Sport Shoes (Adidas, Nike)
$98.9 ₺4,895
$111 €99.1
-11.20%
Men's Leather Business Shoes
$96.6 ₺4,783
$125 €112
-23.00%
🏠 Accommodation & Living
Istanbul
Gmunden
Difference
1-bedroom Apartment, City Center (Monthly)
$985 ₺48.7K
$835 €743
17.90%
1-bedroom Apartment, Outside City Center (Monthly)
$650 ₺32.2K
$743 €661
-12.52%
3-bedroom Apartment, City Center (Monthly)
$1,983 ₺98.2K
$1,399 €1,244
41.79%
3-bedroom Apartment, Outside City Center (Monthly)
$1,180 ₺58.4K
$1,234 €1,097
-4.35%
Buy Apartment in City Center (m2)
$3,138 ₺155.4K
$7,671 €6,823
-59.09%
Buy Apartment Outside City Center (m2)
$1,780 ₺88.1K
$5,022 €4,467
-64.56%
💵 Salaries & Financials
Istanbul
Gmunden
Difference
Average Monthly Net Salary (After Tax)
$1,205 ₺59.7K
$3,396 €3,021
-64.50%
20-Year Fixed Mortgage Interest Rate (Annual %)
40.92
3.5
1069.14%

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

Last update for Istanbul: October 13, 2026

Last update for Gmunden: October 13, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Istanbul
$650
Gmunden
$743 14.3% $93
Groceries & Markets
Istanbul
$260
Gmunden
$395 52.1% $135
Eating Out
Istanbul
$223
Gmunden
$282 26.4% $59
Clothing & Footwear
Istanbul
$131
Gmunden
$172 31.7% $41
Monthly Utilities & Internet
Istanbul
$116
Gmunden
$391 237% $275
Sport & Entertainment
Istanbul
$93
Gmunden
$78 16.2% $15
Getting Around
Istanbul
$77
Gmunden
$84 8.9% $6.9

Cost Breakdown

A central one-bedroom costs $985 in Istanbul versus $835 in Gmunden. 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 182% higher in Gmunden, 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 $55.0 in Istanbul versus $85.0 in Gmunden. Monthly groceries follow the same trend: $260 vs $395 – making Istanbul the more affordable choice for daily food spending.

Good to know
🇹🇷 Istanbul
🇦🇹 Gmunden
🕒 Local time
19:59 7:59 PM
18:59 6:59 PM
1 h behind Istanbul
🌤 Weather
👥 Population
15,701,602
13,104
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

Turkish Lira exchange rates as of October 18, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.66 TRY (100 TRY = 1.8 EUR).

Euro exchange rates as of October 18, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Istanbul Gmunden 1,420 km ≈ 2 h 15 min nonstop flight
From you
  • Istanbul
  • Gmunden

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 Gmunden: Cost of Living - Frequently Asked Questions
How do living costs in Istanbul and in Gmunden compare overall?
Monthly costs with rent: $1,550 in Istanbul, $2,145 in Gmunden – roughly 38% apart. Outside of rent, the biggest gap is in groceries.
What salary covers living expenses in Istanbul compared to Gmunden?
For a comfortable life, plan on about $2,325 per month in Istanbul and $3,218 in Gmunden. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
How do rents compare between Istanbul and Gmunden?
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.
Which city has cheaper restaurants?
A mid-range dinner for two costs $55.0 in Istanbul and $85.0 in Gmunden. That's a good indicator of the overall restaurant and café pricing gap between the two cities.
Which city is more expensive overall: Istanbul or Gmunden?
Monthly expenses with rent come to $1,550 in Istanbul and $2,145 in Gmunden. That's a gap of about 38%.
Which city is more doable on $1,500 per month?
A $1,500 monthly budget goes further in Istanbul, where all-in costs run around $1,550, than in Gmunden at $2,145. In Istanbul it covers expenses comfortably, while in Gmunden it requires careful planning or may not stretch far enough.
How does quality of life compare between Istanbul and Gmunden?
It depends on your priorities. Istanbul has an edge in some lifestyle areas, with costs from $1,550 in Istanbul to $2,145 in Gmunden. Climate, culture, job market, and personal taste all factor in.
Is Istanbul or Gmunden safer for residents?
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.
How do I decide between Istanbul and Gmunden?
If budget matters most, go with Istanbul. If higher salaries, better infrastructure, or specific career opportunities are the priority, Gmunden makes more sense. Both are solid long-term options with distinct trade-offs.

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