Skip to content

Türkiye’s hunger threshold surpasses $584

Türkiye's food and beverage, Turkish food People are seen in a food market in the Besiktas neighborhood, Istanbul, Türkiye, May 18, 2023. (AP Photo)
By Newsroom
Oct 31, 2024 12:20 PM

Türkiye’s hunger threshold, representing the monthly cost of food for a family of four in Ankara, surpassed ₺20,000 ($584.06), according to data released by the Turkish Trade Union (Turk-Is).

October figures show the threshold has risen from ₺19,830 to ₺20,431, while the poverty line for a family’s essential monthly expenses climbed to ₺66,553. The minimum wage in Türkiye is ₺20,003 gross and ₺17,002 net with an increase of 49% as of Jan. 1, 2024.

  • Monthly food expenditure for a family of four (hunger threshold): ₺20,432.
  • Total income needed for a household to cover all basic expenditures, including food (the poverty threshold): ₺66,553.
  • Monthly cost of living for a single person: ₺26,527.
  • Monthly kitchen inflation was 3.03%, 12-month average 49.31% and annual average 68.07%.
Türkiye's hunger threshold surpasses $584
People are walking in Istanbul, Türkiye. (AA Photo)

Growing gap between minimum wage and hunger threshold

Türkiye’s minimum wage remains set at ₺17,002, creating a gap of ₺3,429 between the wage and the hunger threshold.

Turk-Is data indicates that this gap has continued to widen as inflation rates persistently affect household budgets, highlighting economic pressure on low-income earners.

Poverty threshold continues to climb

Defined as the total cost of necessary monthly expenses – including housing, food, transportation, education, and health care – the poverty line increased from ₺64,595 to ₺66,553 in October.

The average monthly living cost for a single worker also rose from ₺25,706 to ₺26,527.

Türkiye's hunger threshold surpasses $584
People waiting for the application in front of the Social Security Institution (SGK) building in Istanbul after the adoption of the law on those who are over the age of retirement (EYT), Istanbul, Türkiye, March 6, 2023. (AA Photo)

Food inflation reaches 49.3% annually

Food inflation saw a 3.03% rise in October alone, with a 12-month increase of 49.3%. The sustained inflation rate is pushing basic food costs higher, impacting household budgets nationwide and contributing to the persistent gap between income and essential living expenses.

Last Updated:  Oct 31, 2024 12:20 PM