Last update: Oct 2026

Cost of Living Comparison Between Izmir and Ventspils

For one person, living is cheaper in Ventspils: $935 a month against $1,212 in Izmir, rent and utilities included – about $3,300 less a year. Rent and utilities account for most of the difference.

58

Cost of Living Index in Izmir
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Izmir Living Index
45

Cost of Living Index in Ventspils
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Ventspils Living Index

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Izmir

🇹🇷 Turkey

$1,212

/mo nomad

Ventspils

🇱🇻 Latvia

$935

/mo nomad

Monthly Cost of Living

How much you'll spend in Izmir and in Ventspils

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Izmir and in Ventspils actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,212 in Izmir versus $935 in Ventspils.

Izmir $1,212
Ventspils $935

Estimated couple costs with rent: $1,898 in Izmir versus $1,461 in Ventspils.

Izmir $1,898
Ventspils $1,461

Monthly costs for a family of three with rent: $2,584 in Izmir versus $1,988 in Ventspils.

Izmir $2,584
Ventspils $1,988

Living in Izmir is roughly 30% more expensive than in Ventspils, and outside of rent the biggest gap is in leisure.

Both cities sit below the global median: Izmir 11% lower, Ventspils 31% lower.

Meal at Budget Restaurant

$9.89 ₺494

$13.44 €12.05

-26.41%

Three-Course Dinner for Two, Mid-Range

$35.55 ₺1,776

$56.1 €50.3

-36.61%

Fast Food Meal (McDonalds, etc)

$8.41 ₺420

$8.42 €7.54

-0.12%

Cappuccino

$3.64 ₺182

$2.51 €2.25

45.02%

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

$1.46 ₺72.9

$1.64 €1.47

-10.98%

Water (0.33 liter bottle)

$0.58 ₺28.94

$1.21 €1.08

-52.07%

Local Beer (0.5 liter draught)

$3.44 ₺172

$3.27 €2.93

5.20%

Imported Beer (0.33 liter bottle)

$5.00 ₺250

$2.33 €2.08

114.59%

Milk (1 liter)

$1.08 ₺54.1

$1.21 €1.08

-10.74%

White Bread (500g)

$1.05 ₺52.7

$1.11 €0.99

-5.41%

Rice (white) (1kg)

$2.38 ₺119

$2.40 €2.15

-0.83%

Eggs

$2.46 ₺123

$3.16 €2.83

-22.15%

Local Cheese (1kg)

$9.31 ₺465

$10.28 €9.22

-9.44%

Chicken Fillets (1kg)

$5.10 ₺255

$8.48 €7.60

-39.86%

Beef Round Steak (1kg)

$21.03 ₺1,051

$13.88 €12.44

51.51%

Apples (1kg)

$1.95 ₺97.7

$2.13 €1.91

-8.45%

Banana (1kg)

$2.18 ₺109

$1.82 €1.63

19.78%

Oranges (1kg)

$1.06 ₺52.9

$2.47 €2.21

-57.09%

Tomato (1kg)

$1.36 ₺68.1

$3.22 €2.89

-57.76%

Potato (1kg)

$0.59 ₺29.63

$0.90 €0.81

-34.44%

Onion (1kg)

$0.40 ₺20.13

$0.94 €0.84

-57.45%

Lettuce (1 head)

$1.09 ₺54.7

$1.72 €1.54

-36.63%

Water (1.5 liter bottle)

$0.73 ₺36.61

$0.93 €0.83

-21.51%

Cigarettes 20 Pack (Marlboro, Camel)

$2.22 ₺111

$6.62 €5.93

-66.47%

Wine (Bottle)

$11.15 ₺557

$7.72 €6.91

44.43%

Local Beer (0.5 liter bottle)

$2.06 ₺103

$1.97 €1.76

4.57%

Imported Beer (0.33 liter bottle)

$2.99 ₺150

$2.07 €1.85

44.44%

One-way Ticket (Public Transport)

$0.68 ₺34.15

$1.10 €0.98

-38.18%

Public Transport Monthly Pass (Regular Price)

$43.12 ₺2,154

$16.62 €14.89

159.45%

Taxi Start (Normal Tariff)

$3.52 ₺176

$3.30 €2.96

6.67%

Taxi (Normal Tariff) (1km)

$1.02 ₺51.0

$1.03 €0.92

-0.97%

Taxi 1hour Waiting (Normal Tariff)

$5.52 ₺276

$17.74 €15.89

-68.88%

Gasoline (1 liter)

$1.35 ₺67.4

$1.81 €1.62

-25.41%

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

$46.6K ₺2.3M

$27.3K €24.5K

70.49%

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

$43.7K ₺2.2M

$30.0K €26.9K

45.57%

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

$82.4 ₺4,114

$265 €238

-68.95%

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

$10.53 ₺526

$16.61 €14.89

-36.60%

Internet (50+ Mbps, Unlimited Data)

$15.87 ₺793

$16.80 €15.05

-5.54%

Gym Membership (Monthly)

$64.2 ₺3,205

Tennis Court (1 Hour on Weekend)

$34.55 ₺1,726

Cinema Ticket

$8.25 ₺412

$10.93 €9.79

-24.52%

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

$683 ₺34.1K

$707 €633

-3.28%

International Primary School, 1 Child (Yearly)

$14.5K ₺722.0K

$18.1K €16.2K

-20.06%

Jeans (Levis 501 Or Similar)

$45.34 ₺2,265

$70.2 €62.9

-35.43%

Summer Dress (H&M, Zara, etc)

$37.24 ₺1,860

$49.86 €44.68

-25.31%

Sport Shoes (Adidas, Nike)

$92.0 ₺4,595

$66.9 €59.9

37.58%

Men's Leather Business Shoes

$79.8 ₺3,988

$101 €90.2

-20.69%

1-bedroom Apartment, City Center (Monthly)

$587 ₺29.3K

1-bedroom Apartment, Outside City Center (Monthly)

$424 ₺21.2K

3-bedroom Apartment, City Center (Monthly)

$1,122 ₺56.0K

3-bedroom Apartment, Outside City Center (Monthly)

$793 ₺39.6K

Buy Apartment in City Center (m2)

$1,444 ₺72.1K

Buy Apartment Outside City Center (m2)

$999 ₺49.9K

Average Monthly Net Salary (After Tax)

$1,134 ₺56.7K

20-Year Fixed Mortgage Interest Rate (Annual %)

42.33

4.2

907.86%

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

Last update for Izmir: October 25, 2026

Last update for Ventspils: October 26, 2026

Monthly budget structure

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

Accommodation & Living

Izmir

$424 35%

Ventspils

- * 0% 100%

Groceries & Markets

Izmir

$245 20.3%

Ventspils

$260 27.8% 5.8% $14

Eating Out

Izmir

$183 15.1%

Ventspils

$195 20.9% 6.5% $12

Clothing & Footwear

Izmir

$114 9.5%

Ventspils

$129 13.9% 13.1% $15

Monthly Utilities & Internet

Izmir

$109 9%

Ventspils

$299 32% 175% $190

Sport & Entertainment

Izmir

$81 6.7%

Ventspils

$22 * 2.3% 72.9% $59

Getting Around

Izmir

$54 4.5%

Ventspils

$29 3.2% 45.9% $25

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

Dining out: $36 in Izmir vs $56 in Ventspils for a mid-range dinner for two. Groceries echo the gap at $245 vs $260 per month, with Izmir cheaper across the board.

Good to know

🇹🇷 Izmir

🇱🇻 Ventspils

🕒 Local time

05:43 5:43 AM

04:43 4:43 AM

1 h behind Izmir

🌤 Weather

👥 Population

4,493,242

41,998

💱 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

Izmir Ventspils 2,150 km ≈ 3 h 15 min nonstop flight

From you

Izmir
Ventspils

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

Izmir vs Ventspils: Cost of Living - Frequently Asked Questions

Ventspils wins on cost – living expenses run 23% lower than in Izmir. Housing and daily spending are where you’ll feel the difference most, making Ventspils the obvious pick if budget is a priority.

You’d need roughly $1,818 in Izmir and $1,402 in Ventspils to live well. The gap comes down to housing and overall price levels. Both cities are liveable on less, but these numbers represent actual comfort.

All in, you’ll spend $1,212 per month in Izmir versus $935 in Ventspils – Ventspils is about 23% cheaper, which adds up to real savings over time.

A monthly transit pass in Ventspils runs roughly 61% less than in Izmir. The price difference matters if you commute daily and watch your budget.

Both cities are expensive relative to $800. Ventspils is the more realistic option, but even there you’ll need to be disciplined with housing, food, and fun money.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Safety-wise, Izmir and Ventspils are both considered safe, so it’s unlikely to be the deciding factor between them.