Jan 51 min read

A Comprehensive Overview of Bodrum Living Costs: 2023-2024 Insights

Updated: Apr 7

Navigating the cost of living in Bodrum requires a keen understanding of the city's economic pulse. Let's break down the averages for essential categories:

Dining Out:

Inexpensive Meal: 170.00 TL (Range: 100.00-300.00 TL)
Mid-range Three-Course Meal for Two: 1,744.71 TL (Range: 1,489.42-2,000.00 TL)
McMeal at McDonald's: 149.47 TL

Groceries:

Milk (1 liter): 21.50 TL
Chicken Fillets (1kg): 168.60 TL
Local Cheese (1kg): 236.00 TL
Water (1.5 liter bottle): 9.33 TL

Transportation:

One-way Local Transport: 25.00 TL
Gasoline (1 litre): 36.14 TL
Taxi Start: 100.00 TL 2024

Hotel Accommodations - high season:

Average/Basic Hotel Room Starting at $50-$200 per night
Luxury Hotel/ Villa Room Starting at $500-$3000 per night
Private Standalone Luxury Villa Starting at $1000per night

Property for Sale price averages 2024

Mid Range: $3,000 - $5,000 per sqm
Luxury: $6,000 - $10,000+ per sqm
New Builds: $8,000 - $17,000+ per sqm

Additional Insights:

The Central Bank of Turkey increased the policy rate to 42.5%, affecting the market.
Year-to-date sales showed declines: Turkey (-14.90%), Muğla (-11.51%), and Bodrum (-18.80%

The New Bodrum Concierge Launches this Summer 2024. Stay Tuned for the top places to Eat, Drink, Dance and shop in Bodrum. Personal Shopping Services are also Available.

www.thebodrumconcierge.com