Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Panevezys

For one person, living is cheaper in Panevezys: $1,250 a month against $1,516 in Istanbul, rent and utilities included – about $3,200 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
60

Cost of Living Index in Panevezys
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Panevezys Living Index

Jump to prices

Istanbul

🇹🇷 Turkey

$1,516

/mo nomad

Panevezys

🇱🇹 Lithuania

$1,250

/mo nomad

Monthly Cost of Living

How much you'll spend in Istanbul and in Panevezys

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

A single person spends $1,516 per month in Istanbul vs $1,250 in Panevezys, rent included.

Istanbul $1,516
Panevezys $1,250

A couple spends around $2,356 per month in Istanbul vs $1,876 in Panevezys, rent included.

Istanbul $2,356
Panevezys $1,876

A family of three spends $3,197 per month in Istanbul vs $2,502 in Panevezys, rent included.

Istanbul $3,197
Panevezys $2,502

Istanbul costs about 21% more than Panevezys, and outside of rent the biggest gap is in groceries.

Istanbul sits 11% above the global median, while Panevezys is 8% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.59 ₺579

$12.20 €10.93

-5.00%

Three-Course Dinner for Two, Mid-Range

$54.7 ₺2,732

$51.3 €45.96

6.61%

Fast Food Meal (McDonalds, etc)

$9.39 ₺469

$6.85 €6.14

37.08%

Cappuccino

$4.23 ₺211

$3.18 €2.85

33.02%

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

$1.72 ₺85.9

$2.30 €2.06

-25.22%

Water (0.33 liter bottle)

$0.57 ₺28.33

$1.92 €1.72

-70.31%

Local Beer (0.5 liter draught)

$4.65 ₺232

$3.96 €3.55

17.42%

Imported Beer (0.33 liter bottle)

$6.84 ₺342

$4.59 €4.11

49.02%

Milk (1 liter)

$1.20 ₺60.1

$1.23 €1.10

-2.44%

White Bread (500g)

$0.94 ₺47.09

$1.44 €1.29

-34.72%

Rice (white) (1kg)

$2.24 ₺112

$1.72 €1.54

30.23%

Eggs

$2.42 ₺121

$2.96 €2.66

-18.24%

Local Cheese (1kg)

$10.24 ₺511

$10.20 €9.14

0.39%

Chicken Fillets (1kg)

$5.38 ₺269

$5.67 €5.08

-5.11%

Beef Round Steak (1kg)

$21.19 ₺1,059

$9.46 €8.48

124.00%

Apples (1kg)

$1.89 ₺94.5

$1.63 €1.46

15.95%

Banana (1kg)

$2.22 ₺111

$1.44 €1.29

54.17%

Oranges (1kg)

$1.26 ₺62.9

$1.66 €1.49

-24.10%

Tomato (1kg)

$1.81 ₺90.2

$3.10 €2.78

-41.61%

Potato (1kg)

$0.70 ₺34.93

$0.57 €0.51

22.81%

Onion (1kg)

$0.64 ₺32.21

$0.89 €0.80

-28.09%

Lettuce (1 head)

$1.22 ₺61.0

$1.46 €1.31

-16.44%

Water (1.5 liter bottle)

$0.55 ₺27.42

$0.83 €0.75

-33.73%

Cigarettes 20 Pack (Marlboro, Camel)

$2.32 ₺116

$5.46 €4.89

-57.51%

Wine (Bottle)

$13.31 ₺665

$8.17 €7.32

62.91%

Local Beer (0.5 liter bottle)

$2.33 ₺116

$1.60 €1.44

45.63%

Imported Beer (0.33 liter bottle)

$3.46 ₺173

$1.74 €1.56

98.85%

One-way Ticket (Public Transport)

$0.91 ₺45.29

$0.80 €0.72

13.75%

Public Transport Monthly Pass (Regular Price)

$66.3 ₺3,314

$34.49 €30.91

92.35%

Taxi Start (Normal Tariff)

$1.29 ₺64.3

$3.17 €2.84

-59.31%

Taxi (Normal Tariff) (1km)

$0.86 ₺42.77

$0.86 €0.77

Taxi 1hour Waiting (Normal Tariff)

$11.09 ₺554

$13.22 €11.85

-16.11%

Gasoline (1 liter)

$1.42 ₺70.9

$1.66 €1.49

-14.46%

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

$49.2K ₺2.5M

$27.4K €24.6K

79.29%

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

$42.8K ₺2.1M

$27.1K €24.3K

57.81%

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

$87.7 ₺4,384

$201 €180

-56.36%

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

$11.28 ₺563

$15.13 €13.56

-25.45%

Internet (50+ Mbps, Unlimited Data)

$15.89 ₺794

$13.99 €12.54

13.58%

Gym Membership (Monthly)

$75.9 ₺3,792

$66.3 €59.4

14.57%

Tennis Court (1 Hour on Weekend)

$23.04 ₺1,151

$22.08 €19.79

4.35%

Cinema Ticket

$8.20 ₺410

$9.05 €8.11

-9.39%

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

$1,028 ₺51.4K

$525 €470

95.99%

International Primary School, 1 Child (Yearly)

$26.0K ₺1.3M

$9,311 €8,344

178.83%

Jeans (Levis 501 Or Similar)

$53.3 ₺2,664

$111 €99.6

-52.04%

Summer Dress (H&M, Zara, etc)

$39.69 ₺1,983

$22.72 €20.36

74.69%

Sport Shoes (Adidas, Nike)

$99.8 ₺4,985

$81.9 €73.4

21.79%

Men's Leather Business Shoes

$93.5 ₺4,673

$170 €152

-44.91%

1-bedroom Apartment, City Center (Monthly)

$1,003 ₺50.1K

$420 €376

138.94%

1-bedroom Apartment, Outside City Center (Monthly)

$628 ₺31.4K

$295 €265

112.74%

3-bedroom Apartment, City Center (Monthly)

$1,963 ₺98.1K

$660 €591

197.37%

3-bedroom Apartment, Outside City Center (Monthly)

$1,122 ₺56.0K

$423 €379

165.33%

Buy Apartment in City Center (m2)

$3,075 ₺153.6K

$1,780 €1,595

72.73%

Buy Apartment Outside City Center (m2)

$1,753 ₺87.6K

$1,010 €905

73.59%

Average Monthly Net Salary (After Tax)

$1,180 ₺58.9K

$1,483 €1,329

-20.46%

20-Year Fixed Mortgage Interest Rate (Annual %)

40.69

3.97

924.94%

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

Last update for Istanbul: October 27, 2026

Last update for Panevezys: October 25, 2026

Monthly budget structure

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

Accommodation & Living

Istanbul

$628 41.5%

Panevezys

$295 23.6% 53% $333

Groceries & Markets

Istanbul

$258 17%

Panevezys

$219 17.5% 15.2% $39

Eating Out

Istanbul

$218 14.4%

Panevezys

$202 16.2% 7.2% $16

Clothing & Footwear

Istanbul

$129 8.5%

Panevezys

$174 13.9% 34.7% $45

Monthly Utilities & Internet

Istanbul

$115 7.6%

Panevezys

$230 18.4% 100% $115

Sport & Entertainment

Istanbul

$92 6.1%

Panevezys

$84 6.8% 8.6% $8

Getting Around

Istanbul

$76 5%

Panevezys

$45 3.6% 40.2% $30

Cost Breakdown

A central one-bedroom costs $1,003 in Istanbul versus $420 in Panevezys. 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 26% higher in Panevezys, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $55 in Istanbul versus $51 in Panevezys. Monthly groceries follow the same trend: $258 vs $219 – making Panevezys the more affordable choice for daily food spending.

Good to know

🇹🇷 Istanbul

🇱🇹 Panevezys

🕒 Local time

07:47 7:47 AM

06:47 6:47 AM

1 h behind Istanbul

🌤 Weather

👥 Population

15,701,602

99,690

💱 Currency

Turkish Lira TRY ₺

Euro EUR €

📈 Exchange rate

100 TRY = 2 USD

100 TRY = 1.79 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 2, 2026: 1 USD = 49.96 TRY (100 TRY = 2 USD). 1 EUR = 55.78 TRY (100 TRY = 1.79 EUR).

Euro exchange rates as of November 2, 2026: 1 USD = 0.896 EUR (1 EUR = 1.12 USD).

USD to TRY in detail →

On the map

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Between locations

Istanbul Panevezys 1,670 km ≈ 2 h 30 min nonstop flight

From you

Istanbul
Panevezys

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 Panevezys: Cost of Living - Frequently Asked Questions

Yes – Istanbul is pricier by about 21%, and outside of rent the gap shows up most in groceries.

For a comfortable life, plan on about $2,274 per month in Istanbul and $1,874 in Panevezys. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Panevezys, especially for central apartments: a one-bedroom in the center costs $420 there versus $1,003 in Istanbul.

Kindergarten costs $1,028 per month in Istanbul and $525 in Panevezys. For families with young kids, this one expense can tip the scales when choosing between the two cities.

Groceries cost about 18% more in Istanbul, though the gap depends on what you buy.

A $1,500 monthly budget goes further in Panevezys, where all-in costs run around $1,250, than in Istanbul at $1,516. In Panevezys it covers expenses comfortably, while in Istanbul it requires careful planning or may not stretch far enough.

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

For expats, Panevezys is the easier option financially – housing and daily costs are lower, and overall it costs about 18% less, which matters a lot on a fixed budget or early-career salary.