Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Gozo

For one person, living is cheaper in Istanbul: $1,550 a month against $1,801 in Gozo, rent and utilities included – about $3,000 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
88

Cost of Living Index in Gozo
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Gozo Living Index

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Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Gozo

🇲🇹 Malta

$1,801

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Gozo

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

Monthly costs for one person with rent: $1,550 in Istanbul versus $1,801 in Gozo.

Istanbul $1,550
Gozo $1,801

Estimated couple costs with rent: $2,415 in Istanbul versus $2,747 in Gozo.

Istanbul $2,415
Gozo $2,747

Monthly costs for a family of three with rent: $3,281 in Istanbul versus $3,694 in Gozo.

Istanbul $3,281
Gozo $3,694

Living in Istanbul costs roughly 14% less than in Gozo, and outside of rent the biggest gap is in eating out.

Both cities are pricier than the global median: Istanbul 15% above, Gozo 33% above.

Meal at Budget Restaurant

$12.30 ₺609

$30.99 €27.57

-60.31%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,708

$95.8 €85.2

-42.89%

Fast Food Meal (McDonalds, etc)

$9.22 ₺456

$11.03 €9.81

-16.41%

Cappuccino

$4.40 ₺218

$2.86 €2.55

53.85%

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

$1.68 ₺83.1

$2.38 €2.12

-29.41%

Water (0.33 liter bottle)

$0.59 ₺29.40

$1.32 €1.18

-55.30%

Local Beer (0.5 liter draught)

$4.70 ₺233

$3.30 €2.94

42.42%

Imported Beer (0.33 liter bottle)

$5.91 ₺292

$4.65 €4.14

27.10%

Milk (1 liter)

$1.21 ₺60.0

$1.19 €1.06

1.68%

White Bread (500g)

$0.89 ₺44.10

$1.17 €1.04

-23.93%

Rice (white) (1kg)

$2.19 ₺108

$2.80 €2.49

-21.79%

Eggs

$2.35 ₺116

$2.86 €2.55

-17.83%

Local Cheese (1kg)

$10.42 ₺516

$10.20 €9.07

2.16%

Chicken Fillets (1kg)

$5.65 ₺280

$7.81 €6.94

-27.66%

Beef Round Steak (1kg)

$20.94 ₺1,037

$18.33 €16.30

14.24%

Apples (1kg)

$1.90 ₺94.1

$2.70 €2.40

-29.63%

Banana (1kg)

$2.31 ₺114

$2.31 €2.06

Oranges (1kg)

$1.28 ₺63.1

$2.55 €2.26

-49.80%

Tomato (1kg)

$1.80 ₺89.0

$1.54 €1.37

16.88%

Potato (1kg)

$0.65 ₺32.16

$1.86 €1.66

-65.05%

Onion (1kg)

$0.64 ₺31.91

$1.41 €1.25

-54.61%

Lettuce (1 head)

$1.25 ₺62.1

$1.42 €1.26

-11.97%

Water (1.5 liter bottle)

$0.56 ₺27.58

$1.05 €0.93

-46.67%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₺118

$6.22 €5.53

-61.90%

Wine (Bottle)

$13.42 ₺664

$3.24 €2.88

314.20%

Local Beer (0.5 liter bottle)

$2.40 ₺119

$1.49 €1.33

61.07%

Imported Beer (0.33 liter bottle)

$3.48 ₺172

$1.16 €1.03

200.00%

One-way Ticket (Public Transport)

$0.89 ₺43.84

$2.84 €2.53

-68.66%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

Taxi Start (Normal Tariff)

$1.29 ₺64.1

$3.99 €3.55

-67.67%

Taxi (Normal Tariff) (1km)

$0.92 ₺45.70

$1.80 €1.60

-48.89%

Taxi 1hour Waiting (Normal Tariff)

$10.96 ₺542

$33.01 €29.36

-66.80%

Gasoline (1 liter)

$1.47 ₺72.9

$1.48 €1.32

-0.68%

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

$50.8K ₺2.5M

$28.4K €25.3K

78.72%

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

$44.5K ₺2.2M

$39.1K €34.7K

13.99%

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

$88.6 ₺4,387

$94.1 €83.7

-5.85%

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

$11.59 ₺574

$31.19 €27.74

-62.84%

Internet (50+ Mbps, Unlimited Data)

$15.81 ₺783

$29.57 €26.31

-46.53%

Gym Membership (Monthly)

$77.2 ₺3,820

$50.3 €44.78

53.28%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

Cinema Ticket

$8.14 ₺403

$11.15 €9.92

-27.00%

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

$1,008 ₺49.9K

$282 €251

257.69%

International Primary School, 1 Child (Yearly)

$25.6K ₺1.3M

$12.1K €10.8K

111.29%

Jeans (Levis 501 Or Similar)

$54.0 ₺2,671

$57.4 €51.1

-6.03%

Summer Dress (H&M, Zara, etc)

$40.83 ₺2,021

$49.45 €43.98

-17.43%

Sport Shoes (Adidas, Nike)

$98.9 ₺4,895

$64.4 €57.2

53.66%

Men's Leather Business Shoes

$96.6 ₺4,783

$132 €118

-26.93%

1-bedroom Apartment, City Center (Monthly)

$985 ₺48.7K

$917 €815

7.40%

1-bedroom Apartment, Outside City Center (Monthly)

$650 ₺32.2K

$797 €709

-18.51%

3-bedroom Apartment, City Center (Monthly)

$1,983 ₺98.2K

$1,382 €1,229

43.49%

3-bedroom Apartment, Outside City Center (Monthly)

$1,180 ₺58.4K

$1,161 €1,033

1.64%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

$4,350 €3,869

-27.86%

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

$3,948 €3,512

-54.92%

Average Monthly Net Salary (After Tax)

$1,205 ₺59.7K

$1,287 €1,145

-6.35%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.92

3.78

982.54%

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

Last update for Istanbul: October 13, 2026

Last update for Gozo: October 12, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$650 41.9%

Gozo

$797 44.3% 22.7% $148

Groceries & Markets

Istanbul

$260 16.8%

Gozo

$259 14.4% 0.3% $0.8

Eating Out

Istanbul

$223 14.4%

Gozo

$356 19.8% 59.5% $133

Clothing & Footwear

Istanbul

$131 8.4%

Gozo

$137 7.6% 4.5% $5.9

Monthly Utilities & Internet

Istanbul

$116 7.5%

Gozo

$155 8.6% 33.5% $39

Sport & Entertainment

Istanbul

$93 6%

Gozo

$73 4% 22.3% $21

Getting Around

Istanbul

$77 5%

Gozo

$24 * 1.4% 68.3% $53

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

Cost Breakdown

A one-bedroom apartment in the center runs $985 in Istanbul and $917 in Gozo. Housing cost is often the main lever when comparing two cities.

Gozo pays 7% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $55.0 in Istanbul vs $96.0 in Gozo. Groceries flip the comparison at $260 vs $259, with Gozo cheaper for home cooking.

Good to know

🇹🇷 Istanbul

🇲🇹 Gozo

🕒 Local time

21:11 9:11 PM

20:11 8:11 PM

1 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

3,680

💱 Currency

Turkish Lira TRY ₺

Euro EUR €

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

1 EUR = 1.12 USD

Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 19, 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 19, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

USD to TRY in detail →

On the map

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Highest

Between locations

Istanbul Gozo 1,390 km ≈ 2 h 15 min nonstop flight

From you

Istanbul
Gozo

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 Gozo: Cost of Living - Frequently Asked Questions

Istanbul wins on cost – living expenses run 16% lower than in Gozo. Housing and daily spending are where you'll feel the difference most, making Istanbul the obvious pick if budget is a priority.

On paper, salaries run 7% lower in Gozo. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $985 in Istanbul versus $917 in Gozo. Housing is usually the single largest factor when comparing overall living costs between the two.

Shoppers in Gozo pay roughly 0% less for everyday groceries. It's an unusual reversal that partly offsets higher costs elsewhere.

All in, you'll spend $1,550 per month in Istanbul versus $1,801 in Gozo – a 16% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,550 in Istanbul versus $1,801 in Gozo, a $1,500 budget is realistic in Istanbul but tight or insufficient in Gozo. 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 Gozo 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 16% less than in Gozo. Beyond cost, consider language, visa policies, and how big the international community is in each city.