Last update: Nov 2026

Cost of Living Comparison Between Istanbul and Thessaloniki

For one person, living is cheaper in Istanbul: $1,519 a month against $1,670 in Thessaloniki, rent and utilities included – about $1,800 less a year. Other living expenses account for most of the difference.

Istanbul, Turkey
Thessaloniki, Greece
Istanbul
🇹🇷 Turkey
$1,519
/mo nomad
Thessaloniki
🇬🇷 Greece
$1,670
/mo nomad
Monthly Cost of Living

How much you'll spend in Istanbul and in Thessaloniki

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

A single person spends $1,519 per month in Istanbul vs $1,670 in Thessaloniki, rent included.

  • Istanbul $1,519
  • Thessaloniki $1,670

A couple spends around $2,365 per month in Istanbul vs $2,550 in Thessaloniki, rent included.

  • Istanbul $2,365
  • Thessaloniki $2,550

A family of three spends $3,212 per month in Istanbul vs $3,429 in Thessaloniki, rent included.

  • Istanbul $3,212
  • Thessaloniki $3,429

Istanbul is about 9% cheaper than Thessaloniki, and outside of rent the biggest gap is in groceries.

Both Istanbul and Thessaloniki sit above the global median – Istanbul by 12%, Thessaloniki by 24%.

Currency
🍽 Eating Out
Istanbul
Thessaloniki
Difference
Meal at Budget Restaurant
$11.81 ₺592
$16.56 €14.74
-28.68%
Three-Course Dinner for Two, Mid-Range
$54.9 ₺2,754
$67.9 €60.4
-19.07%
Fast Food Meal (McDonalds, etc)
$9.26 ₺465
$11.27 €10.03
-17.83%
Cappuccino
$4.30 ₺216
$4.14 €3.69
3.86%
Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)
$1.77 ₺89.0
$2.96 €2.63
-40.20%
Water (0.33 liter bottle)
$0.56 ₺28.32
$0.76 €0.68
-26.32%
Local Beer (0.5 liter draught)
$4.69 ₺235
$5.54 €4.93
-15.34%
Imported Beer (0.33 liter bottle)
$7.12 ₺357
$5.66 €5.04
25.80%
🛒 Groceries & Markets
Istanbul
Thessaloniki
Difference
Milk (1 liter)
$1.25 ₺62.7
$1.75 €1.56
-28.57%
White Bread (500g)
$0.88 ₺44.17
$1.77 €1.57
-50.28%
Rice (white) (1kg)
$2.20 ₺111
$3.61 €3.22
-39.06%
Eggs
$2.43 ₺122
$5.76 €5.13
-57.81%
Local Cheese (1kg)
$10.48 ₺526
$14.23 €12.67
-26.35%
Chicken Fillets (1kg)
$5.31 ₺267
$11.26 €10.02
-52.84%
Beef Round Steak (1kg)
$21.10 ₺1,058
$18.72 €16.67
12.71%
Apples (1kg)
$1.86 ₺93.1
$2.47 €2.20
-24.70%
Banana (1kg)
$2.30 ₺115
$2.22 €1.98
3.60%
Oranges (1kg)
$1.22 ₺61.0
$2.08 €1.85
-41.35%
Tomato (1kg)
$1.80 ₺90.2
$2.76 €2.46
-34.78%
Potato (1kg)
$0.69 ₺34.83
$1.27 €1.13
-45.67%
Onion (1kg)
$0.64 ₺32.16
$1.17 €1.04
-45.30%
Lettuce (1 head)
$1.36 ₺68.0
$1.51 €1.34
-9.93%
Water (1.5 liter bottle)
$0.58 ₺28.94
$0.84 €0.75
-30.95%
Cigarettes 20 Pack (Marlboro, Camel)
$2.34 ₺117
$5.74 €5.11
-59.23%
Wine (Bottle)
$13.03 ₺653
$9.96 €8.87
30.82%
Local Beer (0.5 liter bottle)
$2.36 ₺118
$2.01 €1.79
17.41%
Imported Beer (0.33 liter bottle)
$3.32 ₺166
$3.26 €2.90
1.84%
🚌 Getting Around
Istanbul
Thessaloniki
Difference
One-way Ticket (Public Transport)
$0.88 ₺44.07
$0.68 €0.61
29.41%
Public Transport Monthly Pass (Regular Price)
$66.1 ₺3,316
$17.74 €15.80
272.72%
Taxi Start (Normal Tariff)
$1.28 ₺64.4
$4.44 €3.95
-71.17%
Taxi (Normal Tariff) (1km)
$0.85 ₺42.80
$1.15 €1.02
-26.09%
Taxi 1hour Waiting (Normal Tariff)
$11.09 ₺556
$16.48 €14.67
-32.71%
Gasoline (1 liter)
$1.48 ₺74.0
$2.27 €2.02
-34.80%
Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)
$48.6K ₺2.4M
$28.5K €25.3K
70.90%
Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)
$42.0K ₺2.1M
$28.1K €25.0K
49.32%
🧾 Monthly Utilities & Internet
Istanbul
Thessaloniki
Difference
Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)
$92.7 ₺4,650
$220 €196
-57.83%
SIM Card Monthly Plan (Calls and 10GB+ Data)
$11.20 ₺562
$23.51 €20.93
-52.36%
Internet (50+ Mbps, Unlimited Data)
$15.89 ₺797
$30.52 €27.18
-47.94%
🎉 Sport & Entertainment
Istanbul
Thessaloniki
Difference
Gym Membership (Monthly)
$74.7 ₺3,745
$53.6 €47.68
39.46%
Tennis Court (1 Hour on Weekend)
$22.95 ₺1,151
$16.16 €14.39
42.02%
Cinema Ticket
$8.05 ₺404
$10.45 €9.31
-22.97%
🧸 Childcare & Education
Istanbul
Thessaloniki
Difference
Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)
$948 ₺47.6K
$480 €428
97.45%
International Primary School, 1 Child (Yearly)
$36.9K ₺1.9M
$11.9K €10.6K
210.80%
👕👟 Clothing & Footwear
Istanbul
Thessaloniki
Difference
Jeans (Levis 501 Or Similar)
$53.9 ₺2,702
$95.9 €85.4
-43.82%
Summer Dress (H&M, Zara, etc)
$41.49 ₺2,081
$46.13 €41.08
-10.06%
Sport Shoes (Adidas, Nike)
$101 ₺5,060
$126 €112
-19.79%
Men's Leather Business Shoes
$91.3 ₺4,580
$133 €118
-31.34%
🏠 Accommodation & Living
Istanbul
Thessaloniki
Difference
1-bedroom Apartment, City Center (Monthly)
$1,014 ₺50.8K
$619 €551
63.66%
1-bedroom Apartment, Outside City Center (Monthly)
$625 ₺31.3K
$507 €451
23.23%
3-bedroom Apartment, City Center (Monthly)
$2,005 ₺100.6K
$1,105 €984
81.50%
3-bedroom Apartment, Outside City Center (Monthly)
$1,126 ₺56.5K
$836 €745
34.61%
Buy Apartment in City Center (m2)
$2,988 ₺149.8K
$3,647 €3,247
-18.07%
Buy Apartment Outside City Center (m2)
$1,730 ₺86.8K
$2,797 €2,491
-38.15%
💵 Salaries & Financials
Istanbul
Thessaloniki
Difference
Average Monthly Net Salary (After Tax)
$1,136 ₺57.0K
$1,162 €1,034
-2.18%
20-Year Fixed Mortgage Interest Rate (Annual %)
40.42
5.34
656.93%

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

Last update for Istanbul: November 2, 2026

Last update for Thessaloniki: November 2, 2026

Monthly budget structure
Share of the monthly basket for one person, rent included.
Accommodation & Living
Istanbul
$625
Thessaloniki
$507 18.8% $118
Groceries & Markets
Istanbul
$258
Thessaloniki
$334 29.4% $76
Eating Out
Istanbul
$221
Thessaloniki
$270 22.1% $49
Clothing & Footwear
Istanbul
$129
Thessaloniki
$180 39.4% $51
Monthly Utilities & Internet
Istanbul
$120
Thessaloniki
$274 129% $154
Sport & Entertainment
Istanbul
$91
Thessaloniki
$74 18% $16
Getting Around
Istanbul
$75
Thessaloniki
$31 59.2% $45

Cost Breakdown

A central one-bedroom costs $1,014 in Istanbul versus $619 in Thessaloniki. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

A mid-range dinner for two costs $55 in Istanbul versus $68 in Thessaloniki. Monthly groceries follow the same trend: $258 vs $334 – making Istanbul the more affordable choice for daily food spending.

Good to know
🇹🇷 Istanbul
🇬🇷 Thessaloniki
🕒 Local time
12:29 12:29 PM
11:29 11:29 AM
1 h behind Istanbul
🌤 Weather
👥 Population
15,701,602
790,824
💱 Currency
Euro EUR €
Exchange rates and currency converter

EUR, USD to TRY – Turkish Lira Converter

Turkish Lira exchange rates as of November 6, 2026: 1 USD = 50.15 TRY (100 TRY = 1.99 USD). 1 EUR = 56.33 TRY (100 TRY = 1.78 EUR).

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

On the map
Between locations
  • Istanbul Thessaloniki 510 km ≈ 1 h 15 min nonstop flight
From you
  • Istanbul
  • Thessaloniki

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 Thessaloniki: Cost of Living - Frequently Asked Questions
Is Istanbul cheaper than Thessaloniki?
Yes – Thessaloniki is pricier by about 10%, 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 $2,278 per month in Istanbul and $2,505 in Thessaloniki. 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 Thessaloniki, especially for central apartments: a one-bedroom in the center costs $619 there versus $1,014 in Istanbul.
Which city has cheaper kindergarten?
Kindergarten costs $948 per month in Istanbul and $480 in Thessaloniki. 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 Thessaloniki?
Groceries cost about 29% more in Thessaloniki, though the gap depends on what you buy.
Is $1,500 enough to cover costs in Istanbul or in Thessaloniki?
$1,500 is a stretch for both – monthly costs hit $1,519 in Istanbul and $1,670 in Thessaloniki. You’ll need shared housing and careful budgeting no matter which city you pick.
Which city suits remote workers better?
For digital nomads, it depends on budget. Istanbul costs $1,519 versus $1,670 in Thessaloniki. Both appeal to remote workers, and the cost gap matters when income varies month to month.
Which city is safer, Istanbul or Thessaloniki?
Both cities have a reputation for safety. In either place, the choice of neighborhood matters more than the choice between the two cities.

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