According to research by the Istanbul Planning Agency (IPA), affiliated with the Istanbul Metropolitan Municipality (IBB), the average cost of living for a family of four in Istanbul was calculated at 63 thousand 524 liras.
The average cost of living increased by 2 thousand 1 liras compared to the previous month. This is equivalent to 3.7 minimum wages.
CHICKPEAS TOP THE LIST FOR HIGHEST PRICE INCREASE
When basic consumer goods are compared with June of the previous year, the highest price increase was seen in chickpeas.
The price of chickpeas increased by 89.1 percent compared to last year. When all consumer goods are examined, the highest increase was in oral and dental care products. The price of oral and dental care products increased by 206.2 percent compared to last year.
?? Cost of Living in Istanbul - June 2024
— Istanbul Planning Agency (@ipaistanbul) July 3, 2024
??The cost of living in Istanbul increased by 3.25% compared to the previous month and by 79.55% compared to the previous year.
??In June, the average cost of living for a family of four in Istanbul increased by 2,001 liras compared to the previous month, reaching 63 thousand… pic.twitter.com/ZF7zJC1LbB
News Source: 12punto