HomePricePeek

Ankara vs Izmir

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Ankara vs Izmir

Ankara is 9% more affordable for homebuyers. Ankara has a price-to-income ratio of 6.2x compared to 7.2x in Izmir.

MetricAnkaraIzmir
Avg Home Price$100,000$110,000
Price / sqm$1,500$1,800
Rent (1BR)$350/mo$400/mo
Rent (3BR)$600/mo$700/mo
Price-to-Income6.2x7.2x
Mortgage Rate42.0%42.0%
1yr Change+28.0%+30.0%
Median Income$16,000/yr$15,000/yr
Population5,700,0004,400,000
AnkaraView full details โ†’IzmirView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Ankara or Izmir more expensive?
Ankara is more affordable. Home prices differ by $10,000 (9%).
Which city has cheaper rent, Ankara or Izmir?
Rent for a 1BR in Ankara is $350/mo vs $400/mo in Izmir.

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