Last update: Nov 2026

Cost of Living Comparison Between Istanbul and Nicosia

For one person, living is cheaper in Istanbul: $1,519 a month against $1,825 in Nicosia, rent and utilities included – about $3,700 less a year. Rent and utilities account for most of the difference.

73

Cost of Living Index in Istanbul
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Istanbul Living Index
88

Cost of Living Index in Nicosia
Learn more

Nicosia Living Index

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Istanbul

🇹🇷 Turkey

$1,519

/mo nomad

Nicosia

🇨🇾 Cyprus

$1,825

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Nicosia

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

A single person spends $1,519 per month in Istanbul vs $1,825 in Nicosia, rent included.

Istanbul $1,519
Nicosia $1,825

A couple spends around $2,365 per month in Istanbul vs $2,845 in Nicosia, rent included.

Istanbul $2,365
Nicosia $2,845

A family of three spends $3,212 per month in Istanbul vs $3,864 in Nicosia, rent included.

Istanbul $3,212
Nicosia $3,864

Istanbul is about 17% cheaper than Nicosia, and outside of rent the biggest gap is in groceries.

Both Istanbul and Nicosia sit above the global median – Istanbul by 12%, Nicosia by 35%.

Meal at Budget Restaurant

$11.81 ₺592

$16.60 €14.78

-28.86%

Three-Course Dinner for Two, Mid-Range

$54.9 ₺2,754

$67.4 €60.0

-18.48%

Fast Food Meal (McDonalds, etc)

$9.26 ₺465

$8.90 €7.93

4.04%

Cappuccino

$4.30 ₺216

$3.73 €3.32

15.28%

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

$1.77 ₺89.0

$2.34 €2.08

-24.36%

Water (0.33 liter bottle)

$0.56 ₺28.32

$0.92 €0.82

-39.13%

Local Beer (0.5 liter draught)

$4.69 ₺235

$4.42 €3.93

6.11%

Imported Beer (0.33 liter bottle)

$7.12 ₺357

$5.62 €5.00

26.69%

Milk (1 liter)

$1.25 ₺62.7

$1.85 €1.65

-32.43%

White Bread (500g)

$0.88 ₺44.17

$1.93 €1.72

-54.40%

Rice (white) (1kg)

$2.20 ₺111

$2.74 €2.44

-19.71%

Eggs

$2.43 ₺122

$4.63 €4.12

-47.52%

Local Cheese (1kg)

$10.48 ₺526

$12.58 €11.20

-16.69%

Chicken Fillets (1kg)

$5.31 ₺267

$8.79 €7.82

-39.59%

Beef Round Steak (1kg)

$21.10 ₺1,058

$12.92 €11.50

63.31%

Apples (1kg)

$1.86 ₺93.1

$3.49 €3.11

-46.70%

Banana (1kg)

$2.30 ₺115

$2.05 €1.82

12.20%

Oranges (1kg)

$1.22 ₺61.0

$2.58 €2.29

-52.71%

Tomato (1kg)

$1.80 ₺90.2

$3.51 €3.13

-48.72%

Potato (1kg)

$0.69 ₺34.83

$1.89 €1.69

-63.49%

Onion (1kg)

$0.64 ₺32.16

$1.41 €1.26

-54.61%

Lettuce (1 head)

$1.36 ₺68.0

$1.00 €0.89

36.00%

Water (1.5 liter bottle)

$0.58 ₺28.94

$1.19 €1.06

-51.26%

Cigarettes 20 Pack (Marlboro, Camel)

$2.34 ₺117

$5.68 €5.06

-58.80%

Wine (Bottle)

$13.03 ₺653

$7.92 €7.05

64.52%

Local Beer (0.5 liter bottle)

$2.36 ₺118

$1.63 €1.45

44.79%

Imported Beer (0.33 liter bottle)

$3.32 ₺166

$2.83 €2.52

17.31%

One-way Ticket (Public Transport)

$0.88 ₺44.07

$2.67 €2.38

-67.04%

Public Transport Monthly Pass (Regular Price)

$66.1 ₺3,316

$44.85 €39.93

47.42%

Taxi Start (Normal Tariff)

$1.28 ₺64.4

$5.70 €5.07

-77.54%

Taxi (Normal Tariff) (1km)

$0.85 ₺42.80

$1.92 €1.71

-55.73%

Taxi 1hour Waiting (Normal Tariff)

$11.09 ₺556

$44.83 €39.91

-75.26%

Gasoline (1 liter)

$1.48 ₺74.0

$1.77 €1.58

-16.38%

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

$48.6K ₺2.4M

$31.4K €27.9K

55.14%

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

$42.0K ₺2.1M

$32.7K €29.1K

28.51%

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

$92.7 ₺4,650

$210 €187

-55.86%

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

$11.20 ₺562

$20.04 €17.84

-44.11%

Internet (50+ Mbps, Unlimited Data)

$15.89 ₺797

$33.85 €30.14

-53.06%

Gym Membership (Monthly)

$74.7 ₺3,745

$72.3 €64.4

3.23%

Tennis Court (1 Hour on Weekend)

$22.95 ₺1,151

$18.86 €16.79

21.69%

Cinema Ticket

$8.05 ₺404

$11.25 €10.02

-28.44%

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

$948 ₺47.6K

$523 €466

81.38%

International Primary School, 1 Child (Yearly)

$36.9K ₺1.9M

$10.4K €9,277

254.33%

Jeans (Levis 501 Or Similar)

$53.9 ₺2,702

$101 €89.8

-46.57%

Summer Dress (H&M, Zara, etc)

$41.49 ₺2,081

$54.6 €48.60

-24.00%

Sport Shoes (Adidas, Nike)

$101 ₺5,060

$102 €90.5

-0.73%

Men's Leather Business Shoes

$91.3 ₺4,580

$115 €103

-20.73%

1-bedroom Apartment, City Center (Monthly)

$1,014 ₺50.8K

$776 €691

30.65%

1-bedroom Apartment, Outside City Center (Monthly)

$625 ₺31.3K

$675 €601

-7.50%

3-bedroom Apartment, City Center (Monthly)

$2,005 ₺100.6K

$1,673 €1,490

19.87%

3-bedroom Apartment, Outside City Center (Monthly)

$1,126 ₺56.5K

$1,298 €1,156

-13.26%

Buy Apartment in City Center (m2)

$2,988 ₺149.8K

$3,152 €2,806

-5.21%

Buy Apartment Outside City Center (m2)

$1,730 ₺86.8K

$2,325 €2,070

-25.59%

Average Monthly Net Salary (After Tax)

$1,136 ₺57.0K

$1,845 €1,642

-38.39%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.42

4.48

802.23%

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

Last update for Istanbul: November 2, 2026

Last update for Nicosia: November 2, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$625 41.1%

Nicosia

$675 37% 8.1% $51

Groceries & Markets

Istanbul

$258 17%

Nicosia

$302 16.5% 16.8% $43

Eating Out

Istanbul

$221 14.6%

Nicosia

$251 13.7% 13.4% $30

Clothing & Footwear

Istanbul

$129 8.5%

Nicosia

$168 9.2% 29.4% $38

Monthly Utilities & Internet

Istanbul

$120 7.9%

Nicosia

$264 14.5% 120% $144

Sport & Entertainment

Istanbul

$91 6%

Nicosia

$95 5.2% 4.5% $4.1

Getting Around

Istanbul

$75 5%

Nicosia

$71 3.9% 5.8% $4.3

Cost Breakdown

A central one-bedroom costs $1,014 in Istanbul versus $776 in Nicosia. 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 62% higher in Nicosia. Purchasing power depends on which expenses matter most to you.

A mid-range dinner for two costs $55 in Istanbul versus $67 in Nicosia. Monthly groceries follow the same trend: $258 vs $302 – making Istanbul the more affordable choice for daily food spending.

Good to know

🇹🇷 Istanbul

🇨🇾 Nicosia

🕒 Local time

23:15 11:15 PM

22:15 10:15 PM

1 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

310,355 Capital

💱 Currency

Turkish Lira TRY ₺

Euro EUR €

📈 Exchange rate

100 TRY = 1.99 USD

100 TRY = 1.78 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 November 6, 2026: 1 USD = 50.15 TRY (100 TRY = 1.99 USD). 1 EUR = 56.05 TRY (100 TRY = 1.78 EUR).

Euro exchange rates as of November 6, 2026: 1 USD = 0.89 EUR (1 EUR = 1.12 USD).

USD to TRY in detail →

On the map

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Between locations

Istanbul Nicosia 750 km ≈ 1 h 30 min nonstop flight

From you

Istanbul
Nicosia

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 Nicosia: Cost of Living - Frequently Asked Questions

Yes – Nicosia is pricier by about 20%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,278 per month in Istanbul and $2,737 in Nicosia. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Nicosia, especially for central apartments: a one-bedroom in the center costs $776 there versus $1,014 in Istanbul.

Kindergarten costs $948 per month in Istanbul and $523 in Nicosia. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 17% more in Nicosia, though the gap depends on what you buy.

$1,500 is a stretch for both – monthly costs hit $1,519 in Istanbul and $1,825 in Nicosia. You’ll need shared housing and careful budgeting no matter which city you pick.

It depends on your priorities. Istanbul has an edge in some lifestyle areas, with costs from $1,519 in Istanbul to $1,825 in Nicosia. Climate, culture, job market, and personal taste all factor in.

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