Cost of Living for a Family of Four in Istanbul Surges to 85,453 TL in February

The cost of living in Istanbul for a family of four reached 85,453 TL ($2,344) in February, marking a 54.47% annual increase, according to the Istanbul Planning Agency (İPA). This amount equals 3.9 times the minimum wage (22,104 TL).

Key Price Hikes:

  • Toilet paper: +95.01%
  • Biscuits: +86.05%
  • Tomatoes: +50.25%

Meanwhile, inflation figures remain a point of contention:

  • TÜİK’s official annual inflation: 39.05%
  • ENAG’s independent estimate: 79.51%

This surge in living costs highlights ongoing inflationary pressures in Turkey.