Istanbul is inexpensive by European standards, but prices have been rising and vary with the exchange rate. Street food, ferries and local restaurants are good value, and prices in Sultanahmet are higher.
Is Istanbul expensive?
Moderate for most visitors. Istanbul is inexpensive by European standards, but prices have been rising and vary with the exchange rate.
Money, cards and tipping
Currency: Turkish lira (TRY). Cards are widely accepted; carry some cash for markets and small shops.
Tipping: Around 10% in restaurants if a service charge isn't already included; round up for taxis.
Where to save money
- Eat simit, balık ekmek (fish sandwich) and kebabs from street vendors and local lokantas.
- Take public ferries across the Bosphorus instead of paid cruises.
- Use an Istanbulkart for all public transport.
- Buy a museum pass if you plan to visit many paid sites.
- Bargain politely in the Grand Bazaar, and walk away if the price isn't right.
Where it is worth spending
- A guided Hagia Sophia and Topkapı tour.
- A Bosphorus sunset cruise with dinner.
- A Turkish bath (hamam) experience.
Free things to do in Istanbul
- The Blue Mosque (donations welcomed) and the Süleymaniye Mosque
- Walking across the Galata Bridge at sunset
- The Spice Bazaar and street life in Karaköy and Kadıköy
- Gülhane Park
Prices, ticket rules and safety conditions change. Treat this as a starting point and check official sources and your government's travel advice before you go.
Istanbul budget questions
What currency is used in Istanbul?
Turkish lira (TRY). Cards are widely accepted; carry some cash for markets and small shops.
Is tipping expected in Istanbul?
Around 10% in restaurants if a service charge isn't already included; round up for taxis.
How can I save money in Istanbul?
Eat simit, balık ekmek (fish sandwich) and kebabs from street vendors and local lokantas. Take public ferries across the Bosphorus instead of paid cruises. Use an Istanbulkart for all public transport.