City Comparison

Seoul vs Izmir

Cost of Living Comparison 2026

Izmir is ~59% cheaper overall

Numbeo 2026 country rankings (cost indices) and OECD 2025 PPP rates · Reviewed April 2026

Seoul

South Korea

COL+Rent

49.5

Rent Index

23.8

Groceries

94.6

Restaurant

46.5

Izmir

Turkey

COL+Rent

20.2

Rent Index

8.2

Groceries

32.1

Restaurant

28.2

Monthly Cost Comparison

CategorySeoulIzmirDiff
Rent (1BR City)$1,014$344+$670
Rent (1BR Outside)$733$226+$507
Groceries$586$205+$381
Restaurant Meal$12$8+$4
Transit Pass$55$20+$35
Utilities$156$49+$107

Monthly Budget Comparison

LifestyleSeoulIzmir
Minimal$1,402/mo$471/mo
Typical$1,991/mo$738/mo
Comfortable$2,440/mo$951/mo

Purchasing Power Equivalence

Budget in Seoul≈ in IzmirDifference
$1,500/mo$612/mo-$888
$2,000/mo$816/mo-$1,184
$3,000/mo$1,224/mo-$1,776

Detailed Budget Analysis

See exactly how specific monthly budgets break down in each city:

Analysis: Seoul vs Izmir for Expats & Remote Workers

Our data shows Izmir is approximately 59% more affordable than Seoul when combining rent and daily living costs. Seoul's COL+Rent Index of 49.5 vs Izmir's 20.2 (both measured against New York City = 100) reflects a substantial gap that significantly impacts long-term savings and lifestyle quality.

Housing is the biggest differentiator: a city-center one-bedroom in Seoul costs $1,014/month versus $344/month in Izmirgiving Izmir a $670/month advantage on housing alone. Over a full year, this rent difference alone amounts to $8,040 in annual savings.

Day-to-day costs tell a more nuanced story. Groceries in Seoul ($586/mo) vs Izmir ($205/mo) reflect Izmir's lower food prices, while restaurant meals at $12 vs $8 show Izmir offers cheaper dining. For digital nomads and remote workers who eat out frequently, this difference compounds quickly.

Bottom line: If you earn in a strong currency (USD, EUR, GBP) and work remotely, Izmir offers meaningfully better value — your typical monthly budget of $738 buys a comfortable lifestyle with room for savings. Use the purchasing power table above to see exactly how far your specific budget stretches in each city.

Explore More

Frequently Asked Questions

Is Seoul or Izmir cheaper to live in?
Izmir is approximately 59% cheaper overall. Seoul's COL+Rent Index is 49.5 vs Izmir's 20.2 (NYC = 100).
How much is rent in Seoul vs Izmir?
A 1BR in Seoul city center costs ~$1,014/mo vs $344/mo in Izmir. Outside the center: $733 vs $226.
What is $2,000/month in Seoul worth in Izmir?
Using cost-of-living adjustment, $2,000/month in Seoul has the purchasing power of approximately $816/month in Izmir.
Are groceries cheaper in Seoul or Izmir?
Monthly groceries cost approximately $586 in Seoul vs $205 in Izmir. Groceries Index: 94.6 vs 32.1 (NYC = 100).