The Cost of Living in Istanbul Soars by 60.46% Year-on-Year in October

In October, the cost of living in Istanbul increased by 60.46% compared to the same month last year. According to research, the average living cost for a family of four in Istanbul was calculated to be 73,739 Turkish Lira. The annual increase in living costs in Istanbul compared to the previous October was recorded at 60.46%. The average living cost for a family of four in Istanbul was again calculated to be 73,739 Turkish Lira in October, reflecting an increase of 2,308 Turkish Lira from the previous month. Notably, one of the most striking price increases for essential consumer goods was seen in baby formula products, which rose by 58.92% compared to the previous October.