IPA announces: Cost of living in Istanbul has exceeded 4 minimum wages
According to research by the Istanbul Planning Agency, the cost of living in Istanbul has increased by 61.84 percent compared to the same month last year, rising to 68,933 liras.
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Istanbul Planning Agency research shows that the cost of living in Istanbul has increased by 61.84 percent compared to the same month last year. The average cost of living for a family of four in Istanbul was estimated at 68,933 liras.
INCREASED BY 61.84 PERCENT
Compared to August of the previous year, the annual (last 12 months) increase rate of the cost of living in Istanbul was 61.84 percent.
COST OF LIVING APPROACHES 69 THOUSAND LIRAS
In August, the average cost of living for a family of four in Istanbul was calculated at 68,933 liras. The average cost of living in Istanbul increased by 2,383 liras compared to the previous month.
Toilet paper prices increased by 124.77 percent on an annual basis.
When looking at price increases for basic consumer goods compared to August of the previous year, it was observed that one of the most striking price increases occurred in toilet paper prices, with an increase rate of 124.77 percent.