Last update: Oct 2026

Cost of Living Comparison Between Istanbul and Teramo

For one person, living costs are similar in Istanbul and in Teramo: $1,550 and $1,479 a month, rent and utilities included.

Istanbul
🇹🇷 Turkey
$1,550
/mo nomad
Teramo
🇮🇹 Italy
$1,479
/mo nomad
Monthly Cost of Living

How much you'll spend in Istanbul and in Teramo

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

A single person spends $1,550 per month in Istanbul vs $1,479 in Teramo, rent included.

  • Istanbul $1,550
  • Teramo $1,479

A couple spends around $2,415 per month in Istanbul vs $2,256 in Teramo, rent included.

  • Istanbul $2,415
  • Teramo $2,256

A family of three spends $3,281 per month in Istanbul vs $3,033 in Teramo, rent included.

  • Istanbul $3,281
  • Teramo $3,033

Istanbul costs about 5% more than Teramo, and outside of rent the biggest gap is in groceries.

Both Istanbul and Teramo sit above the global median – Istanbul by 15%, Teramo by 10%.

Currency
🍽 Eating Out
Istanbul
Teramo
Difference
Meal at Budget Restaurant
$12.30 ₺609
$16.64 €14.80
-26.08%
Three-Course Dinner for Two, Mid-Range
$54.7 ₺2,708
$56.5 €50.3
-3.19%
Fast Food Meal (McDonalds, etc)
$9.22 ₺456
$11.21 €9.97
-17.75%
Cappuccino
$4.40 ₺218
$1.85 €1.65
137.84%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.68 ₺83.1
$2.32 €2.07
-27.59%
Water (0.33 liter bottle)
$0.59 ₺29.40
$1.21 €1.08
-51.24%
Local Beer (0.5 liter draught)
$4.70 ₺233
$5.69 €5.06
-17.40%
Imported Beer (0.33 liter bottle)
$5.91 ₺292
$4.41 €3.92
34.01%
🛒 Groceries & Markets
Istanbul
Teramo
Difference
Milk (1 liter)
$1.21 ₺60.0
$1.44 €1.28
-15.97%
White Bread (500g)
$0.89 ₺44.10
$1.92 €1.71
-53.65%
Rice (white) (1kg)
$2.19 ₺108
$2.81 €2.50
-22.06%
Eggs
$2.35 ₺116
$3.57 €3.18
-34.17%
Local Cheese (1kg)
$10.42 ₺516
$16.24 €14.45
-35.84%
Chicken Fillets (1kg)
$5.65 ₺280
$12.02 €10.70
-53.00%
Beef Round Steak (1kg)
$20.94 ₺1,037
$20.84 €18.54
0.48%
Apples (1kg)
$1.90 ₺94.1
$2.25 €2.00
-15.56%
Banana (1kg)
$2.31 ₺114
$2.05 €1.82
12.68%
Oranges (1kg)
$1.28 ₺63.1
$2.23 €1.99
-42.60%
Tomato (1kg)
$1.80 ₺89.0
$3.56 €3.16
-49.44%
Potato (1kg)
$0.65 ₺32.16
$1.77 €1.57
-63.28%
Onion (1kg)
$0.64 ₺31.91
$1.82 €1.62
-64.84%
Lettuce (1 head)
$1.25 ₺62.1
$1.31 €1.17
-4.58%
Water (1.5 liter bottle)
$0.56 ₺27.58
$0.53 €0.47
5.66%
Cigarettes 20 Pack (Marlboro, Camel)
$2.37 ₺118
$6.54 €5.82
-63.76%
Wine (Bottle)
$13.42 ₺664
$5.66 €5.04
137.10%
Local Beer (0.5 liter bottle)
$2.40 ₺119
$1.15 €1.02
108.70%
Imported Beer (0.33 liter bottle)
$3.48 ₺172
$2.83 €2.52
22.97%
🚌 Getting Around
Istanbul
Teramo
Difference
One-way Ticket (Public Transport)
$0.89 ₺43.84
$2.26 €2.01
-60.62%
Public Transport Monthly Pass (Regular Price)
$67.4 ₺3,338
$44.64 €39.71
51.05%
Taxi Start (Normal Tariff)
$1.29 ₺64.1
$4.48 €3.98
-71.21%
Taxi (Normal Tariff) (1km)
$0.92 ₺45.70
$1.24 €1.11
-25.81%
Taxi 1hour Waiting (Normal Tariff)
$10.96 ₺542
$23.52 €20.92
-53.40%
Gasoline (1 liter)
$1.47 ₺72.9
$1.94 €1.72
-24.23%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$50.8K ₺2.5M
$36.6K €32.5K
38.83%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$44.5K ₺2.2M
$33.7K €30.0K
32.01%
🧾 Monthly Utilities & Internet
Istanbul
Teramo
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$88.6 ₺4,387
$196 €175
-54.84%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.59 ₺574
$9.39 €8.35
23.43%
Internet (50+ Mbps, Unlimited Data)
$15.81 ₺783
$30.40 €27.04
-47.99%
🎉 Sport & Entertainment
Istanbul
Teramo
Difference
Gym Membership (Monthly)
$77.2 ₺3,820
$63.3 €56.3
21.90%
Tennis Court (1 Hour on Weekend)
$22.74 ₺1,126
$20.78 €18.49
9.43%
Cinema Ticket
$8.14 ₺403
$9.02 €8.03
-9.76%
🧸 Childcare & Education
Istanbul
Teramo
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$1,008 ₺49.9K
$447 €397
125.66%
International Primary School, 1 Child (Yearly)
$25.6K ₺1.3M
$7,930 €7,054
222.34%
👕👟 Clothing & Footwear
Istanbul
Teramo
Difference
Jeans (Levis 501 Or Similar)
$54.0 ₺2,671
$94.3 €83.9
-42.79%
Summer Dress (H&M, Zara, etc)
$40.83 ₺2,021
$42.68 €37.97
-4.33%
Sport Shoes (Adidas, Nike)
$98.9 ₺4,895
$105 €93.8
-6.23%
Men's Leather Business Shoes
$96.6 ₺4,783
$131 €117
-26.51%
🏠 Accommodation & Living
Istanbul
Teramo
Difference
1-bedroom Apartment, City Center (Monthly)
$985 ₺48.7K
$508 €452
93.81%
1-bedroom Apartment, Outside City Center (Monthly)
$650 ₺32.2K
$365 €325
78.07%
3-bedroom Apartment, City Center (Monthly)
$1,983 ₺98.2K
$706 €628
180.93%
3-bedroom Apartment, Outside City Center (Monthly)
$1,180 ₺58.4K
$556 €495
112.19%
Buy Apartment in City Center (m2)
$3,138 ₺155.4K
$1,432 €1,274
119.09%
Buy Apartment Outside City Center (m2)
$1,780 ₺88.1K
$1,195 €1,063
48.94%
💵 Salaries & Financials
Istanbul
Teramo
Difference
Average Monthly Net Salary (After Tax)
$1,205 ₺59.7K
$1,543 €1,373
-21.89%
20-Year Fixed Mortgage Interest Rate (Annual %)
40.92
3.08
1228.57%

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

Last update for Istanbul: October 13, 2026

Last update for Teramo: October 10, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Istanbul
$650
Teramo
$365 43.8% $285
Groceries & Markets
Istanbul
$260
Teramo
$324 24.8% $64
Eating Out
Istanbul
$223
Teramo
$240 7.6% $17
Clothing & Footwear
Istanbul
$131
Teramo
$168 28.8% $38
Monthly Utilities & Internet
Istanbul
$116
Teramo
$236 103% $120
Sport & Entertainment
Istanbul
$93
Teramo
$81 12.9% $12
Getting Around
Istanbul
$77
Teramo
$64 16.2% $12

Cost Breakdown

A central one-bedroom costs $985 in Istanbul versus $508 in Teramo. 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 28% higher in Teramo, 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 $55.0 in Istanbul versus $57.0 in Teramo. Monthly groceries follow the same trend: $260 vs $324 – making Istanbul the more affordable choice for daily food spending.

Good to know
🇹🇷 Istanbul
🇮🇹 Teramo
🕒 Local time
20:22 8:22 PM
19:22 7:22 PM
1 h behind Istanbul
🌤 Weather
👥 Population
15,701,602
54,892
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

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).

Euro exchange rates as of October 17, 2026: 1 USD = 0.889 EUR (1 EUR = 1.12 USD).

On the map
Between locations
  • Istanbul Teramo 1,280 km ≈ 2 h nonstop flight
From you
  • Istanbul
  • Teramo

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 Teramo: Cost of Living - Frequently Asked Questions
Is Teramo cheaper than Istanbul?
Yes – Istanbul is pricier by about 5%, and outside of rent the gap shows up most in groceries.
What income do you need for each city?
For a comfortable life, plan on about $2,325 per month in Istanbul and $2,219 in Teramo. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.
Which city has lower housing costs?
Rent is clearly cheaper in Teramo, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.
Which city has cheaper kindergarten?
Kindergarten costs $1,008 per month in Istanbul and $447 in Teramo. For families with young kids, this one expense can tip the scales when choosing between the two cities.
How do food prices compare in Istanbul and in Teramo?
Interestingly, groceries are about 25% cheaper in Istanbul – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.
Is $1,500 a realistic budget for living in Istanbul or in Teramo?
A $1,500 monthly budget goes further in Teramo, where all-in costs run around $1,479, than in Istanbul at $1,550. In Teramo it covers expenses comfortably, while in Istanbul it requires careful planning or may not stretch far enough.
Is Istanbul or Teramo more family-friendly?
Families tend to lean toward Teramo – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.
Which city is safer, Istanbul or Teramo?
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.
Which city is the better choice to relocate to?
If budget matters most, go with Teramo. 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.

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