Cost of living in İstanbul rises 64 percent in a year
Photo: Arif Hüdaverdi Yaman - AA
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An İstanbul Planning Agency (İPA) study revealed that the cost of living in İstanbul increased 63.86 percent this month compared to the same month last year. The cost of living for a family of four was calculated at 35.380 (1356 US dollars) in the city as of June 2023 according to the "Cost of Living in İstanbul" study carried out by the agency.
The highest rise was in January this year, the study carried out by the agency established in February 2020 after Ekrem İmamoğlu from the Republican People's Party (CHP) was elected the Major of İstanbul Metropolitan Municipality shows.
According to the study, the monthly cost of living in the city increased 5.59 percent in the last month and 28.20 percent compared to December 2022.
Price of meat
The highest rise was in the price of meat when the current price was compared with the price last December. The price of meat increased 68.64 percent in the last six months.
| Product | The rise compared to December 2022 |
| Macaroni | 14.74% |
| Meat & minced meat | 68.64% |
| Onion | 32.48% |
| Tea | 42.09% |
| Soap | 28.32% |
| Deodorant | 48.83% |
| Chicken | 48.89% |
(AÖ/PE)