HomePricePeek

Istanbul vs Tel Aviv

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: Istanbul vs Tel Aviv

Istanbul is 77% more affordable for homebuyers. Istanbul has a price-to-income ratio of 8.5x compared to 14.5x in Tel Aviv.

MetricIstanbulTel Aviv
Avg Home Price$150,000$650,000
Price / sqm$2,200$12,500
Rent (1BR)$500/mo$1,800/mo
Rent (3BR)$900/mo$3,000/mo
Price-to-Income8.5x14.5x
Mortgage Rate42.0%5.5%
1yr Change+35.0%+2.5%
Median Income$18,000/yr$45,000/yr
Population15,500,000460,000
IstanbulView full details โ†’Tel AvivView 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 Istanbul or Tel Aviv more expensive?
Istanbul is more affordable. Home prices differ by $500,000 (77%).
Which city has cheaper rent, Istanbul or Tel Aviv?
Rent for a 1BR in Istanbul is $500/mo vs $1,800/mo in Tel Aviv.

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