Cost of living in Balikesir
Balikesir, a city in Turkey, offers a unique blend of cultural heritage and modern living. Understanding the cost of living here is crucial for anyone considering moving to or visiting the city.
This guide provides a detailed breakdown of expenses in Balikesir, including dining, groceries, transportation, housing, and utilities, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $7.24 on average, with a range between $4.35 and $17.39.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $17.39, with prices ranging from $15.94 to $72.44.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $7.1, with a range between $5.8 and $7.97.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $2.03 to $4.35, imported beer $2.32 to $6.37, cappuccino $1.74 to $4.64, and Coke/Pepsi $1.16 to $2.32.
Grocery Prices
- Milk - Milk is priced between $0.65 and $1.3 per liter, averaging $0.86.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $0.29 and $1.45, with an average price of $1.06.
- Eggs (Dozen) - A dozen eggs range from $1.04 to $2.33, averaging $1.48.
- Fruits (e.g., Apples, Oranges) - Apples cost $0.58 to $1.3 per kg, while oranges range from $0.58 to $1.88 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $0.29 and $1.16 per kg, and lettuce costs $0.72 to $1.3 per head.
Transportation
- Public Transport (One-Way Ticket) - A one-way local transport ticket costs $0.43.
- Fuel (Gasoline) - Gasoline is priced between $1 and $1.3 per liter.
- Taxi Fares - Taxi fares start at $0.92, with a cost of $0.43 to $1.1 per km and $7.37 to $14.49 per hour of waiting.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre ranges from $217.33 to $362.21, averaging $289.77.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $173.86 to $289.77, averaging $231.81.
- 3-Bedroom Apartment Rent (City Centre) - Rent for a 3-bedroom apartment in the city centre is $579.54.
- 3-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent ranges from $434.65 to $507.1, averaging $470.87.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $43.47 and $92.36, averaging $57.95.
- Internet - Internet services range from $7.24 to $14.49, with an average cost of $10.5.
Cost of Living Rankings
The cost of living indices for Turkey are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in Turkey, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Balikesir offers a relatively affordable cost of living compared to larger Turkish cities. Dining out and grocery shopping are budget-friendly, making it an attractive option for those looking to save on daily expenses.
Housing costs are reasonable, especially outside the city centre, providing good options for both renters and buyers.
Transportation is economical, with low costs for public transport and fuel, which can significantly reduce monthly expenses.
Conclusion
In conclusion, Balikesir presents a cost-effective living environment with affordable housing, dining, and transportation options.
Whether you're planning to move or just visit, understanding these costs can help you manage your budget effectively and enjoy what the city has to offer.