The cost of living in Istanbul is lower than many other European cities. However, Istanbul has a high cost of living relative to the rest of Turkey. Students should be aware of that there are many social activities to spend money comparing to the other cities in Turkey.

  • Experiences also show that students in Istanbul spend approximately 500-1000 € per month including room, food and transportation. However, the amount of money you will need depends on your life style. For example, if you plan to travel different parts of Turkey, you will definitely need more money.

Below is an average monthly budget in Turkish Liras to give you an idea of cost of living.

Accommodation

Food

Transportation

Miscellaneous

400 –  1800 TL

300 – 600 TL

100 – 250 TL

150 – 400 TL

Are you ready to apply at Istanbul Ticaret University?