Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Oyo

For one person, living is cheaper in Oyo: $626 a month against $1,550 in Istanbul, rent and utilities included – about $11,100 less a year. Rent and utilities account for about half of the difference.

75

Cost of Living Index in Istanbul
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Istanbul Living Index
30

Cost of Living Index in Oyo
Learn more

Oyo Living Index

Jump to prices

Istanbul

🇹🇷 Turkey

$1,550

/mo nomad

Oyo

🇳🇬 Nigeria

$626

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Oyo

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

A single person spends $1,550 per month in Istanbul vs $626 in Oyo, rent included.

Istanbul $1,550
Oyo $626

A couple spends around $2,415 per month in Istanbul vs $1,161 in Oyo, rent included.

Istanbul $2,415
Oyo $1,161

A family of three spends $3,281 per month in Istanbul vs $1,695 in Oyo, rent included.

Istanbul $3,281
Oyo $1,695

Istanbul costs about 147% more than Oyo, and outside of rent the biggest gap is in eating out.

Istanbul sits 15% above the global median, while Oyo is 54% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$12.30 ₺609

$3.72 ₦4,947

230.65%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,708

$50.8 ₦67.5K

7.76%

Fast Food Meal (McDonalds, etc)

$9.22 ₺456

$7.48 ₦9,946

23.26%

Cappuccino

$4.40 ₺218

$2.79 ₦3,711

57.71%

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

$1.68 ₺83.1

$0.40 ₦536

320.00%

Water (0.33 liter bottle)

$0.59 ₺29.40

$0.12 ₦166

391.67%

Local Beer (0.5 liter draught)

$4.70 ₺233

$0.39 ₦520

1105.13%

Imported Beer (0.33 liter bottle)

$5.91 ₺292

$0.51 ₦677

1058.82%

Milk (1 liter)

$1.21 ₺60.0

$3.08 ₦4,090

-60.71%

White Bread (500g)

$0.89 ₺44.10

$0.52 ₦691

71.15%

Rice (white) (1kg)

$2.19 ₺108

$0.89 ₦1,182

146.07%

Eggs

$2.35 ₺116

$2.25 ₦2,994

4.44%

Local Cheese (1kg)

$10.42 ₺516

$3.61 ₦4,799

188.64%

Chicken Fillets (1kg)

$5.65 ₺280

$3.88 ₦5,167

45.62%

Beef Round Steak (1kg)

$20.94 ₺1,037

$4.54 ₦6,035

361.23%

Apples (1kg)

$1.90 ₺94.1

$1.65 ₦2,189

15.15%

Banana (1kg)

$2.31 ₺114

$1.28 ₦1,703

80.47%

Oranges (1kg)

$1.28 ₺63.1

$1.14 ₦1,519

12.28%

Tomato (1kg)

$1.80 ₺89.0

$1.29 ₦1,714

39.53%

Potato (1kg)

$0.65 ₺32.16

$1.32 ₦1,754

-50.76%

Onion (1kg)

$0.64 ₺31.91

$1.35 ₦1,792

-52.59%

Lettuce (1 head)

$1.25 ₺62.1

$0.89 ₦1,181

40.45%

Water (1.5 liter bottle)

$0.56 ₺27.58

$0.31 ₦417

80.65%

Cigarettes 20 Pack (Marlboro, Camel)

$2.37 ₺118

$0.55 ₦731

330.91%

Wine (Bottle)

$13.42 ₺664

$2.52 ₦3,350

432.54%

Local Beer (0.5 liter bottle)

$2.40 ₺119

$0.36 ₦484

566.67%

Imported Beer (0.33 liter bottle)

$3.48 ₺172

$0.49 ₦656

610.20%

One-way Ticket (Public Transport)

$0.89 ₺43.84

$0.37 ₦488

140.54%

Public Transport Monthly Pass (Regular Price)

$67.4 ₺3,338

$14.98 ₦19.9K

350.13%

Taxi Start (Normal Tariff)

$1.29 ₺64.1

$0.67 ₦891

92.54%

Taxi (Normal Tariff) (1km)

$0.92 ₺45.70

$0.92 ₦1,222

Taxi 1hour Waiting (Normal Tariff)

$10.96 ₺542

$2.24 ₦2,982

389.29%

Gasoline (1 liter)

$1.47 ₺72.9

$0.82 ₦1,096

79.27%

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

$50.8K ₺2.5M

$11.4K ₦15.1M

346.78%

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

$44.5K ₺2.2M

$13.9K ₦18.4M

221.36%

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

$88.6 ₺4,387

$14.96 ₦19.9K

492.31%

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

$11.59 ₺574

$14.73 ₦19.6K

-21.32%

Internet (50+ Mbps, Unlimited Data)

$15.81 ₺783

$33.32 ₦44.3K

-52.55%

Gym Membership (Monthly)

$77.2 ₺3,820

$14.81 ₦19.7K

421.00%

Tennis Court (1 Hour on Weekend)

$22.74 ₺1,126

$4.69 ₦6,235

384.86%

Cinema Ticket

$8.14 ₺403

$6.19 ₦8,230

31.50%

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

$1,008 ₺49.9K

$658 ₦875.1K

53.22%

International Primary School, 1 Child (Yearly)

$25.6K ₺1.3M

$19.9K ₦26.5M

28.27%

Jeans (Levis 501 Or Similar)

$54.0 ₺2,671

$6.07 ₦8,075

788.80%

Summer Dress (H&M, Zara, etc)

$40.83 ₺2,021

$17.88 ₦23.8K

128.36%

Sport Shoes (Adidas, Nike)

$98.9 ₺4,895

$14.98 ₦19.9K

560.08%

Men's Leather Business Shoes

$96.6 ₺4,783

$10.71 ₦14.2K

801.96%

1-bedroom Apartment, City Center (Monthly)

$985 ₺48.7K

$432 ₦574.1K

128.09%

1-bedroom Apartment, Outside City Center (Monthly)

$650 ₺32.2K

$260 ₦345.9K

149.85%

3-bedroom Apartment, City Center (Monthly)

$1,983 ₺98.2K

$1,111 ₦1.5M

78.57%

3-bedroom Apartment, Outside City Center (Monthly)

$1,180 ₺58.4K

$689 ₦916.8K

71.20%

Buy Apartment in City Center (m2)

$3,138 ₺155.4K

$751 ₦998.8K

317.90%

Buy Apartment Outside City Center (m2)

$1,780 ₺88.1K

$187 ₦249.1K

850.29%

Average Monthly Net Salary (After Tax)

$1,205 ₺59.7K

$33.32 ₦44.3K

3517.71%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.92

309.20%

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

Last update for Istanbul: October 13, 2026

Last update for Oyo: October 10, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$650 41.9%

Oyo

$260 41.5% 60% $390

Groceries & Markets

Istanbul

$260 16.8%

Oyo

$141 22.5% 45.7% $119

Eating Out

Istanbul

$223 14.4%

Oyo

$91 14.5% 59.4% $133

Clothing & Footwear

Istanbul

$131 8.4%

Oyo

$22 3.6% 82.9% $108

Monthly Utilities & Internet

Istanbul

$116 7.5%

Oyo

$63 10.1% 45.7% $53

Sport & Entertainment

Istanbul

$93 6%

Oyo

$27 4.3% 70.9% $66

Getting Around

Istanbul

$77 5%

Oyo

$22 3.5% 71.8% $55

Cost Breakdown

A central one-bedroom costs $985 in Istanbul versus $432 in Oyo. 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 3518% higher in Istanbul, 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 $51.0 in Oyo. Monthly groceries follow the same trend: $260 vs $141 – making Oyo the more affordable choice for daily food spending.

Good to know

🇹🇷 Istanbul

🇳🇬 Oyo

🕒 Local time

21:11 9:11 PM

19:11 7:11 PM

2 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

736,100

💱 Currency

Turkish Lira TRY ₺

Nigerian Naira NGN ₦

📈 Exchange rate

100 TRY = 2.02 USD

100 TRY = 1.8 EUR

10,000 NGN = 7.52 USD

10,000 NGN = 6.69 EUR

Exchange rates and currency converter

NGN, USD, EUR to TRY – Turkish Lira Converter

🇺🇸 United States Dollar ($)

🇹🇷 Turkish Lira (₺)

Turkish Lira exchange rates as of October 17, 2026: 1 USD = 49.51 TRY (100 TRY = 2.02 USD). 1 EUR = 55.67 TRY (100 TRY = 1.8 EUR).

Nigerian Naira exchange rates as of October 17, 2026: 1 USD = 1,330 NGN (10,000 NGN = 7.52 USD). 1 EUR = 1,496 NGN (10,000 NGN = 6.69 EUR).

USD to TRY in detail →

On the map

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Highest

Between locations

Istanbul Oyo 4,440 km ≈ 6 h nonstop flight

From you

Istanbul
Oyo

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 Oyo: Cost of Living - Frequently Asked Questions

Yes – Istanbul is pricier by about 147%, and outside of rent the gap shows up most in eating out.

For a comfortable life, plan on about $2,325 per month in Istanbul and $939 in Oyo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

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

Kindergarten costs $1,008 per month in Istanbul and $658 in Oyo. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 84% more in Istanbul, though it depends on what you buy. Local produce may be comparable; imported and premium items show the biggest price gap.

A $1,500 monthly budget goes further in Oyo, where all-in costs run around $626, than in Istanbul at $1,550. In Oyo it covers expenses comfortably, while in Istanbul it requires careful planning or may not stretch far enough.

Families tend to lean toward Oyo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

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