Cost Of Living in Antalya 2024

cost of living chart - average monthly expenditure in Antalya

Average monthly spending for singles, couples, students, and families in Antalya

Whether you're living in Antalya or planning to move there, it is very important to know the cost of living and the prices of things. Here we list the average spending for the four main population groups.

Average Monthly Expenditure

Currency: TRY
3,900 50,000 500,000
MINIMUM AVERAGE MAXIMUM
$120 $1,600 $16,000

Monthly Expenditure ▶ Single

Currency: TRY
4,900 35,000 230,000
MINIMUM AVERAGE MAXIMUM
$150 $1,100 $7,400

Monthly Expenditure ▶ Couple

Currency: TRY
19,000 58,000 310,000
MINIMUM AVERAGE MAXIMUM
$610 $1,800 $9,800

Monthly Expenditure ▶ Family

Currency: TRY
27,000 78,000 500,000
MINIMUM AVERAGE MAXIMUM
$860 $2,500 $16,000

Monthly Expenditure ▶ Student

Currency: TRY
3,900 26,000 170,000
MINIMUM AVERAGE MAXIMUM
$120 $820 $5,500
The figures displayed here are inclusive of everything: housing, travel, groceries, healthcare, etc.

Singles

The average monthly expense for a single person living in Antalya is 35,000 TRY. Expenses can range from 4,900 TRY at the minimum level to 230,000 TRY at the highest end.


Couples

The average monthly spending of couples in Antalya is 58,000 TRY. Expenditure can range from 19,000 TRY to 310,000 TRY per month.


Families

The average cost of living for families in Antalya is 78,000 TRY per month. Families spend anywhere from 27,000 TRY to 500,000 TRY.


Students

The average monthly expenditure for students in Antalya is 26,000 TRY. Students spend from 3,900 TRY to 170,000 TRY per month.


Spending behavior can change drastically from one person to another. It is best to consider the minimum, average, and maximum spending together.



Prices and cost of goods and services in Antalya


Chart showing the prices and cost of grocery, food, restaurant meals, market, and beverages in Antalya

Dining, food, and beverages costs


Fast food combo meal

55 TRY 110 TRY 180 TRY
MINIMUM AVERAGE MAXIMUM
$1.7 $3.5 $5.8

Restaurant meal for one

180 TRY 260 TRY 530 TRY
MINIMUM AVERAGE MAXIMUM
$5.5 $8.3 $17

Fine dining meal for one

350 TRY 530 TRY 2,100 TRY
MINIMUM AVERAGE MAXIMUM
$11 $17 $66

Cappuccino or latte

46 TRY 73 TRY 110 TRY
MINIMUM AVERAGE MAXIMUM
$1.4 $2.3 $3.5

Grocery and market costs


Milk large bottle

37 TRY 44 TRY 55 TRY
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $1.7

12 eggs

27 TRY 37 TRY 55 TRY
MINIMUM AVERAGE MAXIMUM
$0.87 $1.2 $1.7

Fresh whole chicken

62 TRY 81 TRY 110 TRY
MINIMUM AVERAGE MAXIMUM
$2 $2.5 $3.6

Pack of beef

73 TRY 110 TRY 220 TRY
MINIMUM AVERAGE MAXIMUM
$2.3 $3.5 $6.9

Medium bag of rice

29 TRY 40 TRY 57 TRY
MINIMUM AVERAGE MAXIMUM
$0.93 $1.3 $1.8

Bag of tomatos

11 TRY 15 TRY 27 TRY
MINIMUM AVERAGE MAXIMUM
$0.35 $0.46 $0.87

Bag of apples

20 TRY 26 TRY 42 TRY
MINIMUM AVERAGE MAXIMUM
$0.62 $0.81 $1.3
Chart showing the prices and cost of commute, travel, and transportation in Antalya

Commute, travel, and transportation costs


20 minutes taxi ride

44 TRY 53 TRY 110 TRY
MINIMUM AVERAGE MAXIMUM
$1.4 $1.7 $3.3

Average car full tank

270 TRY 370 TRY 730 TRY
MINIMUM AVERAGE MAXIMUM
$8.7 $12 $23

Average car 1-day rental

250 TRY 330 TRY 500 TRY
MINIMUM AVERAGE MAXIMUM
$7.9 $11 $16

Average car price

140,000 TRY 270,000 TRY 370,000 TRY
MINIMUM AVERAGE MAXIMUM
$4,300 $8,700 $12,000

Bus ticket one way

8.4 TRY 13 TRY 25 TRY
MINIMUM AVERAGE MAXIMUM
$0.26 $0.40 $0.79

Car Service

330 TRY 500 TRY 1,000 TRY
MINIMUM AVERAGE MAXIMUM
$11 $16 $32
Chart showing the prices and cost of utility, energy, water, and gas for a family in Antalya

Utility cost (monthly)


Utility Bill - Individual

290 TRY 2,100 TRY 14,000 TRY
MINIMUM AVERAGE MAXIMUM
$9.3 $66 $440

Utility Bill - Couple

780 TRY 2,600 TRY 17,000 TRY
MINIMUM AVERAGE MAXIMUM
$25 $83 $540

Utility Bill - Family

1,400 TRY 3,900 TRY 25,000 TRY
MINIMUM AVERAGE MAXIMUM
$43 $120 $800

Internet and cable

270 TRY 550 TRY 730 TRY
MINIMUM AVERAGE MAXIMUM
$8.7 $17 $23

Mobile phone charges

220 TRY 370 TRY 1,100 TRY
MINIMUM AVERAGE MAXIMUM
$6.9 $12 $35

Leisure and activities costs


Movie ticket

140 TRY 180 TRY 270 TRY
MINIMUM AVERAGE MAXIMUM
$4.3 $5.8 $8.7

One month gym membership

400 TRY 500 TRY 1,000 TRY
MINIMUM AVERAGE MAXIMUM
$13 $16 $32
Chart showing the prices and cost of clothing and accessories in Antalya

Cloths and accessories costs


Pair of jeans or pants

290 TRY 420 TRY 630 TRY
MINIMUM AVERAGE MAXIMUM
$9.3 $13 $20

Woman dress

280 TRY 390 TRY 1,300 TRY
MINIMUM AVERAGE MAXIMUM
$8.8 $12 $40

Woman shoes

260 TRY 360 TRY 840 TRY
MINIMUM AVERAGE MAXIMUM
$8.3 $11 $26

Men's shoes

230 TRY 280 TRY 560 TRY
MINIMUM AVERAGE MAXIMUM
$7.2 $8.8 $18

Men suit

250 TRY 310 TRY 1,700 TRY
MINIMUM AVERAGE MAXIMUM
$7.9 $9.9 $53

Regular t-shirt

130 TRY 170 TRY 500 TRY
MINIMUM AVERAGE MAXIMUM
$4 $5.3 $16
Chart showing the prices and cost of housing, accommodation, and rent in Antalya

Housing costs / monthly rent


Studio apartment

4,200 TRY 6,300 TRY 17,000 TRY
MINIMUM AVERAGE MAXIMUM
$130 $200 $530

1-bedroom apartment

6,300 TRY 10,000 TRY 25,000 TRY
MINIMUM AVERAGE MAXIMUM
$200 $320 $790

2-bedroom apartment

8,400 TRY 13,000 TRY 33,000 TRY
MINIMUM AVERAGE MAXIMUM
$260 $400 $1,100

Housing costs / Buying


Studio apartment

840,000 TRY 1.3M TRY 2.5M TRY
MINIMUM AVERAGE MAXIMUM
$26,000 $40,000 $79,000

1-bedroom apartment

1M TRY 1.7M TRY 6.3M TRY
MINIMUM AVERAGE MAXIMUM
$32,000 $53,000 $200,000

2-bedroom apartment

1.7M TRY 5M TRY 10M TRY
MINIMUM AVERAGE MAXIMUM
$53,000 $160,000 $320,000
Chart showing the prices and cost of furniture in Antalya

Furniture Costs


King Size Bed

5,500 TRY 6,900 TRY 9,100 TRY
MINIMUM AVERAGE MAXIMUM
$170 $220 $290

Double Bed

3,700 TRY 5,500 TRY 6,900 TRY
MINIMUM AVERAGE MAXIMUM
$120 $170 $220

Single Bed

3,200 TRY 4,200 TRY 5,500 TRY
MINIMUM AVERAGE MAXIMUM
$100 $130 $170

Living Room

6,100 TRY 7,800 TRY 27,000 TRY
MINIMUM AVERAGE MAXIMUM
$190 $250 $870

Dining Table

2,700 TRY 3,700 TRY 6,900 TRY
MINIMUM AVERAGE MAXIMUM
$87 $120 $220

Sofa or Couch

3,700 TRY 5,000 TRY 11,000 TRY
MINIMUM AVERAGE MAXIMUM
$120 $160 $350
Chart showing the prices and cost of electronic devices and appliances in Antalya

Electronics and House Appliance Costs


TV Set

3,700 TRY 5,500 TRY 11,000 TRY
MINIMUM AVERAGE MAXIMUM
$120 $170 $350

Fridge or Freezer

3,200 TRY 5,000 TRY 6,900 TRY
MINIMUM AVERAGE MAXIMUM
$100 $160 $220

Washing Machine

4,200 TRY 6,100 TRY 11,000 TRY
MINIMUM AVERAGE MAXIMUM
$130 $190 $350

Stove or Cooker

3,900 TRY 5,000 TRY 6,900 TRY
MINIMUM AVERAGE MAXIMUM
$120 $160 $220

Mobile Phone

4,600 TRY 5,500 TRY 7,800 TRY
MINIMUM AVERAGE MAXIMUM
$140 $170 $250

Laptop or Computer

5,000 TRY 6,100 TRY 11,000 TRY
MINIMUM AVERAGE MAXIMUM
$160 $190 $350

Expenditure to Income Ratio in Antalya

One of the most definite ways to determine how affordable a place is measuring the ratio of expenses to salary. A high expense-to-income to ratio indicates a high cost-of-living index while a low expenditure-to-salary ratio means the place is affordable to live in.

Cost of living and expenditure to income ratio in Antalya

Spending to Income Ratio

82%

76% to 91%

( expenditure / income ) x 100


Expense to income distribution levels

Spending To Income Ratio% People
< 50%4%
50% - 60%9%
60% - 70%15%
70% - 80%25%
80% - 90%21%
90% - 100%11%
100% - 110%6%
110% - 120%4%
120% - 130%3%
130% - 140%2%
> 140%2%

Interpretation and Analysis

The average spending-to-salary ratio in Antalya is 82% This means that on average, people spend around 82% of their income for living. According to the distribution table, 15% of the population spend approximately 60% to 70% of their income every month.


How can spending be more than income?

A value higher than 100% means that the expenditure of those people is higher than their income. They are spending more than what they earn. This is possible in two scenarios. They are either borrowing from their savings to survive or they are borrowing from other sources (relatives, friends, banks, etc.). More about this in the debt section.



Individual
74%
Spending-Income-Ratio
69%
82%

Couple
78%
Spending-Income-Ratio
73%
86%

Family
86%
Spending-Income-Ratio
80%
95%
Distribution of monthly cost of living expenses in Antalya

How do people spend their money in Antalya?

We asked thousands of people about their spending habits and expenditure breaks. Below are their answers.

The percentage figures in this section are percentages of total spending not income. If you would like to see the percentage of expenses as related to income or salary, see other sections.

Housing Expenditure23%

23% of total expenses on average (12% to 31%)

LOW$37   1,200 TRY
AVERAGE$480   15,000 TRY
HIGH$4,800   150,000 TRY
Per Month

People living in Antalya typically spend from 12% to 31% of their total monthly expenditure on housing with 23% being the average. The average spend on housing is 15,000 TRY with expenditure ranging from 1,200 TRY to 150,000 TRY. This cost mainly goes for rent but it also includes other accommodation-related expenses. Housing costs are highest for families and lowest for students as expected.

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (5% to 12%)

LOW$6.1   190 TRY
AVERAGE$80   2,500 TRY
HIGH$800   25,000 TRY
Per Month

Utility expenditure like electricity, water, and gas in Antalya ranges from 5% to 12% of total expenses with 8% being the average. The average monthly cost of utilities is 2,500 TRY with 190 TRY and 25,000 TRY being the upper and lower limits.

Transport, Fuel, Commute7%

7% of total expenses on average (3% to 11%)

LOW$12   390 TRY
AVERAGE$160   5,000 TRY
HIGH$1,600   50,000 TRY
Per Month

Fuel consumption and cost of transport depend heavily on whether you live near your work or school, but roughly speaking you would expect to spend from 390 TRY to 50,000 TRY on commuting with 5,000 TRY being the norm for most people in one month. This means that money spent on transport constitutes about 7% of total spending on average but can go as low as 3% or as high as 11%.

Food and Groceries Cost28%

28% of total expenses on average (20% to 34%)

LOW$31   970 TRY
AVERAGE$400   13,000 TRY
HIGH$4,000   130,000 TRY
Per Month

The average outlay on groceries in a month in Antalya is 13,000 TRY. The cost of groceries can range between 970 TRY to 130,000 TRY. People spend on average about 28% on food and groceries with upper and lower bounds of 20% and 34% respectively.

Healthcare and Medical Services10%

10% of total expenses on average (5% to 13%)

LOW$8.6   270 TRY
AVERAGE$110   3,500 TRY
HIGH$1,100   35,000 TRY
Per Month

People in Antalya allocate 5% to 13% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending is around 10%. The range of medical expenses range from 270 TRY to 35,000 TRY with 3,500 TRY being the norm.

Leisure and Shopping4%

4% of total expenses on average (2% to 8%)

LOW$4.9   160 TRY
AVERAGE$64   2,000 TRY
HIGH$640   20,000 TRY
Per Month

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 160 TRY to 20,000 TRY with 2,000 TRY being the average. Speaking of percentages, that equates to 2% to 8% of total expenses with an average of 4% for most residents.

Education and Schooling5%

5% of total expenses on average (3% to 11%)

LOW$7.4   230 TRY
AVERAGE$96   3,000 TRY
HIGH$960   30,000 TRY
Per Month

Spending on education can vary drastically between different people. While working singles can spend 0% on education, families and students' expenditure can reach up to 22%. On average, education constitutes 5% of the monthly expenditure with 3% and 11% being the lower and upper bounds respectively. The average reported education cost is 3,000 TRY per month with 230 TRY being the minimum spent amount and 30,000 TRY being the maximum.

Other Expenses14%

14% of total expenses on average (9% to 21%)

LOW$16   500 TRY
AVERAGE$210   6,600 TRY
HIGH$2,100   66,000 TRY
Per Month
Percentage of people who manage to save money from their income every month in Antalya

How much money can you save in Antalya every month?

We asked thousands of people what percentage of their income can they save in a month. Below are the answers.


What percentage of people in Antalya manage to save money from their income every month?


Saving Money
51%
Not Saving
49%

Almost 51% of the surveyed people in Antalya said that they can save some money at the end of each month while 49% said that aren't saving anything.


Percentage of people saving money by population group in Antalya

GroupSaversNon Savers
Singles55%46%
Couples50%50%
Families45%55%

Savings-to-Income Ratio

The savings-to-income ratio is measured as the percentage of income that people save over a specific period and it is simply calculated by dividing the saved money by total income and then multiplying the result by 100. (Savings / Income) x 100.


Savings to income ratio in Antalya

Saving to Income Ratio

9.6% 16% of income 29%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,100 TRY
$36
15,000 TRY
$470
150,000 TRY
$4,700
MINIMUM AVERAGE MAXIMUM

For most people, 9.6% to 29% of their monthly income is what they can allocate to their savings, with 16% being the average. The amount of money that people can save is approximately 15,000 TRY on average with savings ranging from 1,100 TRY to 150,000 TRY.

55% of surveyed singles reported some of their income going to savings while 50% of couples said the same. 45% of families confirmed their ability to save money.


How much money do people actually save in Antalya?

The amount of money that people can afford to save depends hugely on their income. It is better to focus on the percentage when trying to understand saving patterns.


Singles

Saving to Income Ratio

12% 20% of income 31%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

1,100 TRY
$36
10,000 TRY
$320
68,000 TRY
$2,200
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for singles

Saving To Income Ratio% Singles
0% - 10%32%
10% - 20%25%
20% - 30%16%
30% - 40%13%
40% - 50%10%
> 50%4%

Interpretation and Analysis

Singles who can afford to save reported that they allocate from 12% to 31% of their monthly income to savings, with 20% being the average for most singles. The average amount of money that singles are able to save is 10,000 TRY with 1,100 TRY and 68,000 TRY being the minimum and maximum respectively.


Couples

Saving to Income Ratio

11% 18% of income 30%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

5,700 TRY
$180
17,000 TRY
$540
91,000 TRY
$2,900
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for couples

Saving To Income Ratio% Couples
0% - 10%36%
10% - 20%27%
20% - 30%19%
30% - 40%8%
40% - 50%7%
> 50%3%

Interpretation and Analysis

Couples who confirmed their ability to save reported saving equivalent to 11% to 30% of their monthly income, with 18% being the average for most couples. The average amount of money that couples can save is 17,000 TRY with 5,700 TRY and 91,000 TRY being the minimum and maximum respectively.


Families

Saving to Income Ratio

8.6% 15% of income 27%
MINIMUM AVERAGE MAXIMUM

Average Monthly Saved Amount

7,900 TRY
$250
23,000 TRY
$720
150,000 TRY
$4,700
MINIMUM AVERAGE MAXIMUM

Savings to income distribution levels for families

Saving To Income Ratio% Families
0% - 10%39%
10% - 20%30%
20% - 30%20%
30% - 40%5%
40% - 50%4%
> 50%2%

Interpretation and Analysis

Families in Antalya can save anywhere between 8.6% to 27% of their monthly income, with 15% being the average for most families. The average amount of money that families can put aside is 23,000 TRY with 7,900 TRY and 150,000 TRY being the minimum and maximum respectively.

Reasons that make it difficult for people to save money in Antalya

Saving Challenges in Antalya

Reasons that make it difficult for people to save money

We wanted to understand what is stopping people from maximizing their savings in Antalya. Listed below are the answers given by the survey participants.


Reason% People
Low Income5%
High Expenses8%
Debt and Loans13%
Lack of Budgeting Skills12%
Impulsive Spending12%
Financial Emergencies7%
Living the moment5%
Will do it later21%
Inflation13%
Social Pressure3%
Market Instability2%

Around 5% of the people said that their salary is too low to accommodate a portion for savings while 8% said that the high cost of living leaves little room for savings. 13% of the residents said that they are burdened with debt and find it challenging to save money. 12% reported that they just don't have the knowledge or discipline to create and stick to a budget, leading to overspending and an inability to save. 12% blamed impulsive spending as the reason for saving inability. Around 7% said that unexpected expenses like medical bills or car repairs are derailing their savings goals. 5% bluntly said that they don't see the purpose of it and prefer to live each day to the fullest. 21% reported that they understand the value of saving but are putting off saving for the future, thinking they have plenty of time to start later. 13% blamed inflation, saying that every time they save some money they end up using it immediately. A surprising 3% said that social pressure and keeping up with peers or social expectations makes them overspend. Lastly, 2% blamed market instability and price fluctuations.

Where do people choose to put their savings in Antalya

Typical saving choices for people in Antalya

Where do people choose to put their savings?


Saving Type% People
Emergency Funds12%
Gold13%
Savings Accounts17%
Retirement Accounts10%
Cash Savings21%
Real Estate9%
Investment5%
Stocks4%
Bonds5%
Mutual Funds2%
Certificates of Deposit3%
A typical and healthy budgeting structure. The 50-30-20 rule

A typical and healthy budgeting structure

The 50/30/20 rule

Spending among different people can vary significantly based on factors such as their income, lifestyle, location, and personal preferences. A commonly used guideline for budgeting is the 50/30/20 rule, which suggests allocating your income into three main categories in the following percentages.

  • 50% for needs and financial obligations

    This category includes essential expenses like housing, utilities, groceries, transportation, and healthcare.

  • 30% for wants and discretionary spending

    This category covers discretionary spending on non-essential items, such as dining out, entertainment, travel, and other lifestyle choices.

  • 20% for savings and emergency fund

    This is the percentage that must be allocated to savings, emergency funds, and retirement accounts.

About financial planning, money management, and household budgeting

The 50/30/20 rule is used as a general guideline but may not be the best choice for all people. There are in fact many budgeting plans out there like the 70/20/10 and the 60/20/20 rules, all claiming to be the best. More important than all of this is to establish financial discipline by creating a budget tailored to your specific financial goals and situation. It is very important that your financial outflow be less than your income to maintain a healthy cash flow.

Income and cost of living compatibility. Is it affordable or economical to live in Antalya

Affordable living in Antalya

Income and cost of living compatibility

We asked residents one simple question and recorded their answers.

Is it affordable or economical to live in Antalya?


Yes
44%
No
56%

Around 44% of surveyed residents think that living in Antalya is affordable with proper budgeting while 56% reported that it is just too expensive and not affordable even with frugality and thriftness.

How easily is cost-cutting. Are there plenty of low-cost options in Antalya

Low-cost alternatives in Antalya

People are always looking for ways to cut down expenses and reduce expenditures. The hallmark of any affordable place is the availability of discount stores, bargain deals, smart or secondhand shopping, refurbished items, and couponing. We asked residents how easily cost-cutting is and the answers were distributed as follows:

Plenty of low-cost options52%

Few low-cost options48%


Based on the survey, 52% of the people living in Antalya have no problem finding low-cost alternatives to support a frugal lifestyle while 48% think that thriftness is difficult due to scarcity in discount markets and secondhand outlets.

Emergency Funds

An emergency fund is a financial safety net comprised of easily accessible savings set aside to cover unexpected expenses or financial emergencies, typically amounting to three to six months' worth of living expenses. We asked residents of Antalya whether they have an emergency fund and the answers were as follows.

Yes42%

No58%


Based on the survey, 58% of the people living in Antalya said that they don't have an emergency fund while 42% said that they do.

Financial literacy and difficulty in budgeting and financial planning in Antalya

Financial Literacy in Turkey

Financial literacy is the knowledge of concepts and principles related to personal finance that allow individuals to make informed decisions regarding their money such as budgeting, saving, investing, borrowing, managing debt, financial risk management, and planning.

Financial Leteracy41%


We asked residents of Turkey whether they acquired any adequate personal financial training in their lives. Approximately 59% of the people who participated in the survey said that they are not well informed about the topics of budgeting, saving, etc., and just manage things based on their own experience, while 41% said that they know about the general principles of personal finance from sources other than their own experience.


Difficulty in Budgeting and Financial Planning

We wanted to understand whether residents of Turkey have problems or difficulties in managing their expenditures and savings so we asked people one simple question: do you struggle with your personal finances? 55% of the participants reported that they indeed struggle in creating budgets and in organizing their finances while 45% said that they have everything under control.

Struggles with finance55%

Easily manages finances45%

Financial goals and targets of people living in Antalya

Financial goals of people in Antalya

In an attempt to understand the economic situation in Antalya, we asked participants about their financial targets. By knowing what the population in general is trying to achieve, we can shed light on the economic outlook, cost of living, and quality of life in general.


Financial Goal% People
Emergency Fund8%
Debt Reduction43%
Retirement Savings10%
Education Funding7%
Homeownership18%
Investing6%
Travel or Lifestyle6%
Healthcare Expenses14%
Financial Independence5%

Around 8% of those who participated in the survey said that their main goal is to establish an emergency fund to cover unexpected expenses while 43% said their number one priority is to pay off high-interest debt or loans and improve credit. 10% of surveyed people confirmed that saving for retirement to ensure a comfortable lifestyle in the final years is their main target. Around 7% reported that their priority is saving for the tuition fees and education costs of their children while 18% choose to buy a home or pay off existing mortgage before other things. 6% of the population would like to build wealth through investments such as stocks, bonds, mutual funds, or real estate. For 6% of people, saving for vacations or upgrading their lifestyle is the number one concern. Approximately 14% of the residents said that saving for healthcare expenses including insurance premiums is their main goal.

Retirement, pension plans, and life after work in Antalya

What does the retirement lifestyle look like in Antalya and how much retirement savings are required?

Retirement age

The retirement age for most employees in Turkey is 65 years. Specific retirement ages can vary based on factors like occupation, gender, years of contribution, and location. It is not entirely unlikely for people to retire either before or after this age.

Retirement planning and savings

There are many retirement saving options, some are personally initiated and others are government-sponsered. Regardless of the source of savings, the minimum amount of money that needs to be put aside to ensure a peaceful and comfortable retirement at each age can be found in the table below. This data is largely approximated and can vary drastically based on individual needs and situations. Treat these figures as a general guideline.


The typical saved amount of money you should have at every age as multiples of monthly salary:
AgeAmount
255x monthly salary at age 25
3010x monthly salary at age 30
3515x monthly salary at age 35
4025x monthly salary at age 40
4532x monthly salary at age 45
5048x monthly salary at age 50
5556x monthly salary at age 55
6064x monthly salary at age 60
6578x monthly salary at age 65

The typical average saved amount of money you should have at every age in Antalya:
AgeAmount
25130,000 TRY
30260,000 TRY
35460,000 TRY
40650,000 TRY
45980,000 TRY
501.4M TRY
551.6M TRY
602M TRY
652.4M TRY

Retirement Income Distribution

We asked residents of Antalya about their retirement income sources and below are the results.

Source% People
Pensions12%
Savings23%
Investments12%
Social Security7%
Annuities7%
Part-time Job15%
Real Estate18%
Dividends and Interest7%

Retirement Monthly Expenses in Antalya

2,900 TRY
$91
26,000 TRY
$820
170,000 TRY
$5,500
MINIMUM AVERAGE MAXIMUM
Chart showing the percentage of people who are in debt in Antalya

Debt, loans, and mortgages in Antalya


Percentage of people who are in debt


In Debt
30%
Debt Free
70%

According to the survey, 30% of the people in Antalya have some kind of debt, loan, mortgage, or credit card payments while 70% reported that they don't have financial obligations to banks.


Chart showing debt-to-income ratio in Antalya

Debt-to-income ratio in Antalya

Debt to income ratio

30%

22% to 38%

( monthly debt payment / monthly income ) x 100

Interpretation

The debt-to-income ratio measures the percentage of income being paid as debt settlement across the population. It is calculated by dividing the monthly debt settlement payment of an individual by their monthly income. Based on collected data, approximately 30% of the people's monthly income in Antalya goes to debt settlement.


Debt levels

Monthly debt settlement payment as percentage of monthly income

Debt-to-income ratio% People
> 60%3%
50% - 60%19%
40% - 50%15%
30% - 40%17%
20% - 30%10%
10% - 20%11%
0% - 10%25%

According to our data, 3% of the debtors in Antalya pay 60%+ of their income as debt settlement while 19% of the people pay 50% to 60% of their income for the same, which is quite an alarming financial situation for those individuals. 15% of people in debt dedicate 40% to 50% of their income to loan and mortgage payments while 17% dedicated 30% to 40% of income for same. Things are looking brighter for 10% of individuals as they only pay 20% to 30% of their income for loan and credit card repayment.


Distribution by type of debt in Antalya

Debt% People
Real Estate Mortgage8%
Auto Loan14%
Student Loan4%
Credit Card30%
Personal Loan44%

8% of debtors in Antalya confirm that real estate mortgages constitutes the main part of their outstanding debt while 30% say that credit card payments are the reason they are in debt. Auto loans were the main type of debt for 14% of people and personal loans rose at 44%. Lastly, student loans are the main source of debt for 4% of debtors in Antalya.


About credit score and debt management

Managing debt is a critical aspect of maintaining a favorable credit score. Debt reduction is the first thing you should do improve your financial situation. Getting rid of debt takes precedence over saving money because of interest rates.

Good debt vs. Bad debt

Not all debt is bad. Good debt typically refers to borrowing money for investments that can increase in value or generate income over time like purchasing a home or acquiring student loans. On the other hand, bad debt involves borrowing for things that fail to generate lasting value like high-interest credit card debt used for non-essential expenses like luxury items or vacations.


Loan Affordability Index in Antalya

Besides measuring the loan-to-income ratio, we asked residents of Antalya how many times in a year they defaulted or were unable to pay their due credit card or loan payments on time. Understanding how often people default on their due payments is one of the indicators of the cost of living and economic situation.

Frequency and percentage of people who failed to pay their monthly credit card or loan payments on time last year.

Frequency% People
Never50%
Once a year24%
Twice a year13%
Three times a year9%
Four times a year4%
Housing and accommodation affordability, property price to income ratio, rent to income ratio, and housing affordability index chart in Antalya

Housing costs, accommodation, and housing affordability in Antalya

Rental costs and house/apartment prices can vary drastically between different areas and locations.


Rent Cost in Antalya

Monthly Rent Prices

Studio apartment monthly rent cost

4,200 TRY 6,300 TRY 17,000 TRY
MINIMUM AVERAGE MAXIMUM
$130 $200 $530

1-bedroom apartment monthly rent cost

6,300 TRY 10,000 TRY 25,000 TRY
MINIMUM AVERAGE MAXIMUM
$200 $320 $790

2-bedroom apartment monthly rent cost

8,400 TRY 13,000 TRY 33,000 TRY
MINIMUM AVERAGE MAXIMUM
$260 $400 $1,100

3-bedroom apartment monthly rent cost

10,000 TRY 17,000 TRY 46,000 TRY
MINIMUM AVERAGE MAXIMUM
$320 $530 $1,400

Furnished apartment monthly rent cost

20,000 TRY 50,000 TRY 100,000 TRY
MINIMUM AVERAGE MAXIMUM
$630 $1,600 $3,200

Townhouse monthly rent cost

17,000 TRY 25,000 TRY 72,000 TRY
MINIMUM AVERAGE MAXIMUM
$530 $790 $2,300

House monthly rent cost

20,000 TRY 50,000 TRY 100,000 TRY
MINIMUM AVERAGE MAXIMUM
$630 $1,600 $3,200

Villa monthly rent cost

25,000 TRY 63,000 TRY 100,000 TRY
MINIMUM AVERAGE MAXIMUM
$790 $2,000 $3,200

The monthly rental cost of a studio apartment in Antalya ranges between 4,200 TRY and 17,000 TRY, meanwhile the cost of monthly rental of a one-bedroom apartment can be anywhere from 6,300 TRY to 25,000 TRY. Two-bedroom rentals rate ranges between 8,400 TRY and 33,000 TRY per month. The monthly rental for a three-bedroom apartment ranges from 10,000 TRY to 46,000 TRY. The average rent of a townhouse in Antalya is around 25,000 TRY while house rental costs can be as high as 50,000 TRY per month. Finally, if you want to rent a villa, expect to pay anywhere from 25,000 TRY to 100,000 TRY per month.



Apartment and house prices in Antalya

Cost of buying a property

Studio apartment price

840,000 TRY 1.3M TRY 2.5M TRY
MINIMUM AVERAGE MAXIMUM
$26,000 $40,000 $79,000

1-bedroom apartment price

1M TRY 1.7M TRY 6.3M TRY
MINIMUM AVERAGE MAXIMUM
$32,000 $53,000 $200,000

2-bedroom apartment price

1.7M TRY 5M TRY 10M TRY
MINIMUM AVERAGE MAXIMUM
$53,000 $160,000 $320,000

3-bedroom apartment price

5.6M TRY 8.4M TRY 25M TRY
MINIMUM AVERAGE MAXIMUM
$180,000 $260,000 $790,000

Townhouse price

7.2M TRY 17M TRY 63M TRY
MINIMUM AVERAGE MAXIMUM
$230,000 $530,000 $2M

House price

8.4M TRY 50M TRY 72M TRY
MINIMUM AVERAGE MAXIMUM
$260,000 $1.6M $2.3M

Villa price

10M TRY 56M TRY 84M TRY
MINIMUM AVERAGE MAXIMUM
$320,000 $1.8M $2.6M

The average price of a studio apartment in Antalya can range from 840,000 TRY to 2.5M TRY depending on location. One bedroom cost can be anywhere from 1M TRY to 6.3M TRY. A villa can cost you 56M TRY on average with prices ranging from 10M TRY to 84M TRY.


If you're leasing or purchasing, housing costs in Antalya will probably constitute your biggest expenditure, yet it's an area where you wield considerable influence. This is due to the substantial variance in housing prices across communities. Keep in mind the location of your workplace and the accessibility of essential amenities to prevent negating the savings from lower rental rates with increased transportation expenses.

House / apartment prices to income ratio


Property price to income ratio

( average property price / average monthly income ) x 100


31 x87 monthly income 186
MINIMUM AVERAGE MAXIMUM

Property prices in Antalya can be x87 to x186 multiples of the monthly income depending on the property and the income of the person. On average, property prices are approximately x87 multiples of the average monthly salary in Antalya.



Rent to income ratio


Rent to income ratio

( monthly rental / monthly income ) x 100


18% 28% of income 37%
MINIMUM AVERAGE MAXIMUM

The average rent-to-income ratio in Antalya is around 28%. This means that people pay 28% of their income for rent. Those figures can range from 18% to 37% depending on the salary, location, and type of property.


The housing-to-income ratio is a very important metric to evaluate and measure how affordable living is in a particular area, city, or country since housing comprises the biggest chunk of expenditure. A higher housing to income ratio means that the place is relatively expensive. The figure by itself does tell much. It only starts to make sense when comparing the housing to income ratio across different locations.

Housing affordability index

The housing affordability index measures how affordable accommodation is in a particular place. This can measured in multiple ways, the most common being housing expenditure to total expenditure ratio and the rent to income ratio. The housing expenditure ratio is a figure reported by individuals on the percentage they allocate for housing. Rent to income ratio is calculated by dividing the average monthly rent by the average income. Because these values are both percentages, we can find their average and get the best of the two worlds.

Housing Affordability Index
25%

Property Taxes

Real estate owners pay property taxes to local tax authorities, which are determined by the assessed value of their property. Typically, these taxes are paid once a year. Property tax funds contribute to community development, financing infrastructure improvements, public services, and local education initiatives.


FROM
2%
AVERAGE
3%
TO
4.1%

Home Maintenance Costs

Home maintenance costs encompass various expenses associated with the upkeep and repair of a residence. These expenditures include regular tasks such as lawn care, pest control, and HVAC system servicing, as well as occasional repairs and renovations like fixing leaks, painting, or replacing appliances.


78 TRY 1,000 TRY 10,000 TRY
MINIMUM AVERAGE MAXIMUM

Urban vs. rural living costs

Urban living typically entails higher housing and transportation costs due to demand and limited space, while rural areas generally offer lower housing expenses but may have higher prices for goods and services. The differnce in rental rates between urban areas and rural areas can be as high as 300% in some cases.

Monthly costs and expenses of energy and basic utilities in Antalya

Utilities expenditure can vary slightly between different areas and locations.


Energy, electricity, water, gas, internet, and mobile cost in Antalya

Utility Bill Cost / Electricity + Water + Gas / Individual

290 TRY 2,100 TRY 14,000 TRY
MINIMUM AVERAGE MAXIMUM
$9.3 $66 $440

Utility Bill Cost / Electricity + Water + Gas / Couple

780 TRY 2,600 TRY 17,000 TRY
MINIMUM AVERAGE MAXIMUM
$25 $83 $540

Utility Bill Cost / Electricity + Water + Gas / Family

1,400 TRY 3,900 TRY 25,000 TRY
MINIMUM AVERAGE MAXIMUM
$43 $120 $800

Internet and cable cost

270 TRY 550 TRY 730 TRY
MINIMUM AVERAGE MAXIMUM
$8.7 $17 $23

Mobile phone bill and charges

220 TRY 370 TRY 1,100 TRY
MINIMUM AVERAGE MAXIMUM
$6.9 $12 $35

Because most utility bills club electricity, water, and gas costs in one bill, we can't provide a breakup for each type of utility and will display electricity, gas, and water as single cost.


The average monthly expenditure for individuals on electricty, water, and gas in Antalya ranges between 290 TRY and 14,000 TRY with average being 2,100 TRY, meanwhile the expenditure of couples is slightly higher at 2,600 TRY with 780 TRY and 17,000 TRY being the upper and lower limits respectively. As expected, the energy and water consumption of families is the highest among the three groups with an average of 3,900 TRY. The cost of internet and WiFi is unchanged among the three groups and ranges from 270 TRY to 730 TRY with 550 TRY being the average internet bill. Finally, the average monthly mobile charges is around 370 TRY but can range between 220 TRY and 1,100 TRY depending on consumption. Mobile charges include both calling minutes as well as data packages.


Energy / Utility expense to income ratio


( monthly utility expenses / monthly income ) x 100


2.9% 5.7% of income 9.6%
MINIMUM AVERAGE MAXIMUM

The average utility-to-income ratio in Antalya is around 5.7%. This means that people pay 5.7% of their income for energy, water, internet, and mobile charges. Those figures can range from 2.9% to 9.6% depending on salary and location.

Food Prices, Dining Expenses, and Grocery Costs in Antalya

Grocery / Food expenditure and prices can vary drastically between different areas and locations.


Prices and cost of goods and services in Antalya

Dining out, food, and beverages costs. Price variations for common food items.

Fast food combo meal price

55 TRY 110 TRY 180 TRY
MINIMUM AVERAGE MAXIMUM
$1.7 $3.5 $5.8

The average price of a regular combo meal at a fast food outlet or chain like McDonald's, Pizzahut, or KFC in Antalya is approximatly 110 TRY with meal cost ranging from 55 TRY to 180 TRY. The typical combo meal consists of a burger, french fries, and a drink.

Restaurant meal for one price

180 TRY 260 TRY 530 TRY
MINIMUM AVERAGE MAXIMUM
$5.5 $8.3 $17

If you are planning to have a nice meal at a mid-range restaurant, expect to pay anywhere between 180 TRY and 530 TRY with 260 TRY being the average price of a plate for one person at a regular restaurant in Antalya.

Fine dining meal for one price

350 TRY 530 TRY 2,100 TRY
MINIMUM AVERAGE MAXIMUM
$11 $17 $66

The price range of a meal at fine-dining restaurant is 350 TRY to 2,100 TRY with the average cost being 530 TRY for one person. This is what you would expect to pay a top-tier diner in Antalya.

Beverage prices, cappuccino, latte etc..

46 TRY 73 TRY 110 TRY
MINIMUM AVERAGE MAXIMUM
$1.4 $2.3 $3.5

The average price of a regular beverage like cappuccino or latte at Starbucks, Costa, or similar coffee shops and cafes in Antalya is around 73 TRY. Price ranges between 46 TRY and 110 TRY depending on the type of beverage, the size, and optional add-ons.



Grocery and market costs

Large bottle of milk price

37 TRY 44 TRY 55 TRY
MINIMUM AVERAGE MAXIMUM
$1.2 $1.4 $1.7

The average price of a large bottle of milk in Antalya is 44 TRY. The maximum what you would pay for milk is 55 TRY and the minimum being 37 TRY depending on the brand of milk and other properties.

12 eggs price

27 TRY 37 TRY 55 TRY
MINIMUM AVERAGE MAXIMUM
$0.87 $1.2 $1.7

A dozen eggs costs around 37 TRY on average with 27 TRY and 55 TRY being the lower and upper limits respectively.

Fresh whole chicken price

62 TRY 81 TRY 110 TRY
MINIMUM AVERAGE MAXIMUM
$2 $2.5 $3.6

The price range of a fresh whole chicken in Antalya is between 62 TRY and 110 TRY depending on the size of the chicken and whether it is oraganic or not. The average price is approximatly 81 TRY.

Pack of beef price

73 TRY 110 TRY 220 TRY
MINIMUM AVERAGE MAXIMUM
$2.3 $3.5 $6.9

The price of a regular pack of beef or meat is around 110 TRY. A pack of beef contains around 1Kg or 1lb depending on packing.

Medium bag of rice price

29 TRY 40 TRY 57 TRY
MINIMUM AVERAGE MAXIMUM
$0.93 $1.3 $1.8

A bag of rice in Antalya costs around 40 TRY on average with prices rangeing between 29 TRY and 57 TRY depending on the brand and quality.

Bag of tomatos price

11 TRY 15 TRY 27 TRY
MINIMUM AVERAGE MAXIMUM
$0.35 $0.46 $0.87

A bag of tomatoes costs anywhere from 11 TRY to 27 TRY. A bag of tomatoes denotes 1Kg or 1lb depending on location.

Bag of apples price

20 TRY 26 TRY 42 TRY
MINIMUM AVERAGE MAXIMUM
$0.62 $0.81 $1.3

A bag of apples costs 26 TRY on average. A bag of apples denotes 1Kg or 1lb depending on location.


Grocery and food expenditure to income ratio


( monthly grocery expenses / monthly income ) x 100


18% 26% of income 32%
MINIMUM AVERAGE MAXIMUM

The average grocery-to-income ratio in Antalya is around 26%. This means that people spend 26% of their income on grocery and basic household items. The expenditure can range from 18% to 32% depending on salary and location.


Expenditure on food and grocery for every population group

A single person living alone spends approximately 5,600 TRY per month on grocery and food with expenditure fluctuating between 780 TRY and 37,000 TRY depending on location and the type of person. The average cost of food and groceries for a couple is around 8,100 TRY per month. That number can be get as low as 2,700 TRY or a high as 43,000 TRY. Families' spending on grocery ranges from 4,900 TRY to 91,000 TRY with the location, income, and size of the family being the most determinite factors.


Single
Spending habits, consumption analysis, and expenditure patterns for a single person living in Antalya

Housing cost for a single person29%

29% of total expenses on average (17% to 41%)

LOW$56   1,800 TRY
AVERAGE$400   13,000 TRY
HIGH$2,600   84,000 TRY
Per Month

Utilities, Electricity, Water, Internet, Mobile9%

9% of total expenses on average (5% to 14%)

LOW$9.3   290 TRY
AVERAGE$66   2,100 TRY
HIGH$440   14,000 TRY
Per Month

Transport and Fuel Cost5%

5% of total expenses on average (3% to 11%)

LOW$12   390 TRY
AVERAGE$88   2,800 TRY
HIGH$590   19,000 TRY
Per Month

Food and Groceries Cost19%

19% of total expenses on average (13% to 24%)

LOW$25   780 TRY
AVERAGE$180   5,600 TRY
HIGH$1,200   37,000 TRY
Per Month

Healthcare Cost12%

12% of total expenses on average (6% to 16%)

LOW$14   440 TRY
AVERAGE$99   3,100 TRY
HIGH$660   21,000 TRY
Per Month

Leisure and Shopping Expenditure2%

2% of total expenses on average (2% to 5%)

LOW$7.7   240 TRY
AVERAGE$55   1,700 TRY
HIGH$370   12,000 TRY
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$3.1   98 TRY
AVERAGE$22   700 TRY
HIGH$150   4,700 TRY
Per Month

Other Expenses22%

22% of total expenses on average (14% to 26%)

LOW$28   880 TRY
AVERAGE$200   6,300 TRY
HIGH$1,300   42,000 TRY
Per Month


Couple
Average monthly living expenditure breaks and spending patterns for couples in Antalya

Housing cost for a couple26%

26% of total expenses on average (19% to 36%)

LOW$210   6,600 TRY
AVERAGE$630   20,000 TRY
HIGH$3,300   110,000 TRY
Per Month

Utilities, Electricity, Water, Internet, Mobile8%

8% of total expenses on average (6% to 12%)

LOW$25   780 TRY
AVERAGE$83   2,600 TRY
HIGH$540   17,000 TRY
Per Month

Transport and Fuel Cost9%

9% of total expenses on average (3% to 14%)

LOW$74   2,300 TRY
AVERAGE$220   7,000 TRY
HIGH$1,200   37,000 TRY
Per Month

Food and Groceries Cost17%

17% of total expenses on average (12% to 22%)

LOW$86   2,700 TRY
AVERAGE$260   8,100 TRY
HIGH$1,400   43,000 TRY
Per Month

Healthcare Cost14%

14% of total expenses on average (8% to 18%)

LOW$67   2,100 TRY
AVERAGE$200   6,400 TRY
HIGH$1,100   34,000 TRY
Per Month

Leisure and Shopping Cost3%

3% of total expenses on average (1% to 6%)

LOW$37   1,200 TRY
AVERAGE$110   3,500 TRY
HIGH$590   19,000 TRY
Per Month

Education Cost1%

1% of total expenses on average (0.00% to 3%)

LOW$12   390 TRY
AVERAGE$37   1,200 TRY
HIGH$200   6,200 TRY
Per Month

Other Expenses21%

21% of total expenses on average (15% to 27%)

LOW$100   3,300 TRY
AVERAGE$310   9,900 TRY
HIGH$1,700   53,000 TRY
Per Month


Family
Average monthly expenses and break out of spending for families living in Antalya

Housing cost for a family25%

25% of total expenses on average (20% to 35%)

LOW$270   8,700 TRY
AVERAGE$780   25,000 TRY
HIGH$5,100   160,000 TRY
Per Month

Utilities, Electricity, Water, Internet, Mobile6%

6% of total expenses on average (4% to 9%)

LOW$43   1,400 TRY
AVERAGE$120   3,900 TRY
HIGH$800   25,000 TRY
Per Month

Transport and Fuel Expenses5%

5% of total expenses on average (3% to 7%)

LOW$86   2,700 TRY
AVERAGE$250   7,800 TRY
HIGH$1,600   50,000 TRY
Per Month

Food and Groceries Cost21%

21% of total expenses on average (14% to 27%)

LOW$150   4,900 TRY
AVERAGE$440   14,000 TRY
HIGH$2,900   91,000 TRY
Per Month

Healthcare Expenses11%

11% of total expenses on average (7% to 16%)

LOW$77   2,400 TRY
AVERAGE$250   7,800 TRY
HIGH$1,300   40,000 TRY
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (1% to 6%)

LOW$43   1,400 TRY
AVERAGE$120   3,900 TRY
HIGH$800   25,000 TRY
Per Month

Education Cost13%

13% of total expenses on average (6% to 21%)

LOW$120   3,800 TRY
AVERAGE$340   11,000 TRY
HIGH$2,200   71,000 TRY
Per Month

Other Expenses16%

16% of total expenses on average (9% to 21%)

LOW$69   2,200 TRY
AVERAGE$200   6,200 TRY
HIGH$1,300   40,000 TRY
Per Month


Student
Cost of living and expenses break down for students living in Antalya

Housing costs for Student17%

17% of total expenses on average (12% to 23%)

LOW$29   930 TRY
AVERAGE$200   6,200 TRY
HIGH$1,300   41,000 TRY
Per Month

Utilities, Electricity, Water, Internet, and Mobile Expenses7%

7% of total expenses on average (5% to 11%)

LOW$4.9   160 TRY
AVERAGE$33   1,000 TRY
HIGH$220   6,900 TRY
Per Month

Transport and Fuel Cost4%

4% of total expenses on average (4% to 10%)

LOW$8.6   270 TRY
AVERAGE$57   1,800 TRY
HIGH$380   12,000 TRY
Per Month

Food and Groceries Expenditure23%

23% of total expenses on average (17% to 27%)

LOW$25   780 TRY
AVERAGE$160   5,200 TRY
HIGH$1,100   35,000 TRY
Per Month

Healthcare Cost9%

9% of total expenses on average (6% to 12%)

LOW$7.4   230 TRY
AVERAGE$49   1,600 TRY
HIGH$330   10,000 TRY
Per Month

Leisure and Shopping Cost2%

2% of total expenses on average (2% to 6%)

LOW$6.1   190 TRY
AVERAGE$41   1,300 TRY
HIGH$270   8,600 TRY
Per Month

Education Cost18%

18% of total expenses on average (11% to 23%)

LOW$23   740 TRY
AVERAGE$160   4,900 TRY
HIGH$1,000   33,000 TRY
Per Month

Other Expenses19%

19% of total expenses on average (13% to 25%)

LOW$18   580 TRY
AVERAGE$120   3,900 TRY
HIGH$820   26,000 TRY
Per Month
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