Cost of living in Mardin
Mardin, a city in southeastern Turkey, is known for its rich history and cultural heritage. Understanding the cost of living in Mardin is crucial for anyone considering moving to or working in this unique city.
This guide provides insights into various aspects of living costs in Mardin, including transportation, average salaries, and mortgage interest rates, helping you make informed financial decisions.
Cost of Living Summary
Transportation
- Fuel (Gasoline) - Gasoline is priced between $1 and $1.18 per liter, with an average cost of $1.09.
Salaries and Financing
- Average Monthly Net Salary (After Tax) - The average monthly net salary in Mardin is approximately $578.70.
- Mortgage Interest Rate - The yearly mortgage interest rate for a 20-year fixed-rate loan is around 33%.
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
Transportation
Transportation
Salaries And Financing
Salaries And Financing
"Key Takeaways"
Mardin offers relatively affordable gasoline prices, which can be beneficial for those who rely on personal vehicles for transportation.
The average monthly salary in Mardin is modest, which may impact the overall affordability of living in the city.
High mortgage interest rates could pose challenges for those looking to purchase property in Mardin.
Conclusion
In conclusion, Mardin presents a mixed picture in terms of cost of living. While transportation costs, particularly gasoline, are relatively low, the average salary is modest, and high mortgage interest rates could affect housing affordability.
Potential residents should carefully consider these factors when planning their move to Mardin, balancing the benefits of lower transportation costs against the challenges of financing and salary levels.