Travel Costs & Prices in Turkey

Compared to a few years ago, the current value of the Turkish lira against the US dollar and the euro will benefit you on your trip to Turkey, but perhaps not as much as you’d wish.

Many Turkish travel companies such as hotelscar rental agenciestour operators, etc., price their products and services in dollars or euros. Those prices may stay the same. Costs priced in Turkish liras, such as restaurant meals, public transit, and airfares, will probably be lower for visitors converting euros and dollars to liras.

Here are current Turkish Lira exchange rates and here’s what Turkish Lira bills/notes look likeMore…

Currency Converter by OANDA

In general, travel costs in Turkey are highest in Istanbul inAprilMay and SeptemberOctober; and at Turkish beach resorts in July and Augustlowest in the small towns of eastern Turkey, and off-season (November through March; see my Turkish Almanac.)

The average daily travel cost estimates below are per-person, per day, for two people traveling together (that is, sharing a hotel room) and include lodging, three meals, and some transportation. (If you’re traveling alone, expect to spend 35% more.)

Note: in summer 2018, the value of the Turkish lira dropped significantly versus the US dollar, euro, pound sterling, Japanese yen, and some other currencies. Annual inflation in Turkey is now nearly 20%, so you may have to adjust the estimates below for current conditions.

First, check the rate of exchange for your currency and the Turkish Lira. Then, start getting used to thinking in Turkish liras by calculating from these cost estimates:

Rock Bottom

TL120 to TL180 staying in hostels and pensions with breakfast included, eating one picnic and one budget restaurant meal daily, and riding buses and trains.


TL180 to TL250 staying in one- and two-star hotels with private baths and breakfast included, eating most meals in inexpensive restaurants, and traveling more comfortably by bus and train.


TL250 to TL350 staying in three-star hotels, dining in restaurants all the time, riding busestrains, and low-fare airline flights; in a party of four, perhaps an occasional local car rental.

Comfort Class

TL350 to TL500 staying in four-star hotels, dining at some better restaurants, traveling by air, the best trains, and for parties of two or three, some car rental.


TL500 to TL1000 and up, staying at 5-star hotels, dining at quite good restaurants, getting around by plane, rental car and the occasional hot-air balloon flight or private yacht cruise.

The Turkish Lira is divided into 100 kurus (koo-ROOSH).More…

About Turkish Money…

Note that the New Turkish Lira notes (YTL: Yeni Türk Lirası), current from 2005 through 2008, have been withdrawn from circulation, and you should not accept them. Accept only the “E9” series Turkish Lira bills/notes introduced in 2009, like the one below. More…

Here’s information on counterfeit notes/bills in Turkey.

—by Tom Brosnahan

Turkish Money

Shopping in Turkey

Turkish ATMs (Cash Machines)

Currency Exchange Offices

Credit Cards

Travelers Checks


Travel Details

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