Cost Of Living For a Student in Antalya 2024

Average monthly spending for students in Antalya

How much money does a student need in a month to survive in Antalya?

Students in Antalya spend around 26,000 TRY per month on average. Depending on the lifestyle, a student can survive with a monthly budget as low as 3,900 TRY or as high as 170,000 TRY. Location is a very important factor and has a huge influence on expenditure and budget.

How do students spend their money in Antalya?

We asked thousands of students about their spending habits and expenditure break down.

Housing and accomodation expenditure for students

Students in Antalya typically spend from 12% to 23% of their total monthly expenditure on housing with 17% being the average. The average monthly spend on housing is 6,200 TRY with expenditure ranging from 930 TRY to 41,000 TRY. This cost mainly goes for rent but it also includes other accommodation-related expenses.

Electricity, utilities, energy, water, internet, and mobile expenditure for students

Utility expenditure like electricity, water, and gas in Antalya ranges from 5% to 11% of total expenses with 7% being the average for most students. The average monthly cost of utilities is 1,000 TRY with 160 TRY and 6,900 TRY being the upper and lower limits for a student of four.

Transport, fuel, and commute expenditure for students

Fuel consumption and cost of transport depend heavily on whether a student resides near school and work, but roughly speaking a student would expect to spend from 270 TRY to 12,000 TRY in a month on commuting with 1,800 TRY being the norm for most students. This means that money spent on transport constitutes about 4% of total spending on average but can go as low as 4% or as high as 10%.

Food, groceries, and basic shopping expenditure for students

The average outlay on groceries and basic houshold items for a typical student in a month in Antalya is 5,200 TRY. The cost of groceries can range between 780 TRY to 35,000 TRY. Students spend on average about 23% on food and groceries with upper and lower bounds of 17% and 27% respectively.

Healthcare and medical services expenditure for students

Students in Antalya allocate 6% to 12% of their total monthly expenditure to healthcare including health insurance and out-of-pocket medical expenses. The average spending on medical services and clinic visits is around 9%. The range of medical expenses range from 230 TRY to 10,000 TRY with 1,600 TRY being the norm for most students.

Leisure and shopping expenditure for students

This category mostly contains discretionary or non-essential expenses but also some non-discretionary spending like furniture for example. The monthly expenses range from 190 TRY to 8,600 TRY with 1,300 TRY being the average. Speaking of percentages, that equates to 2% to 6% of total expenses with an average of 2% for most students.

Education and schooling expenditure for students

Spending on education can vary drastically between different students. On average, education constitutes 18% of the monthly expenditure of students with 11% and 23% being the lower and upper bounds respectively. The average reported education cost is 4,900 TRY per month with 740 TRY being the minimum spent amount and 33,000 TRY being the maximum.

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

Affordable living in Antalya

Income and cost of living compatibility

We asked students one simple question and recorded their answers.

Is it affordable or economical to live in Antalya?

Around 44% of surveyed students 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.

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 students 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 students 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 For Students

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 students of Antalya whether they have an emergency fund and the answers were as follows.

Yes42%

No58%

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

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 student guardians and parents in Antalya 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 students 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%

Housing costs, accommodation, and housing affordability in Antalya

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.

House / apartment prices to income ratio

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

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.

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.

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.

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.

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

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

Utility Bill Cost / Electricity + Water + Gas / Student

160 TRY

1,000 TRY

6,900 TRY

MINIMUM

AVERAGE

MAXIMUM

$4.9

$33

$220

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

The average monthly energy and water consumption of students is around 1,000 TRY. The cost of internet and WiFi 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

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

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

The average grocery-to-income ratio in Antalya is around 26%. This means that students 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 students