Verified Facts

Official NameTurkmenistan
CapitalAshgabat
Population7.1 million
Area488,100 km² (188,456 sq mi)
LanguagesRussian, Turkmen
CurrencyTurkmenistan manat (m)
TimezoneUTC+05:00
RegionAsia / Central Asia
Drives onRight
Source: REST Countries API

Economic Indicators

GDP per Capita (PPP)$21,213 (2024)
Health Spend per Capita$581 (2023)
Out-of-Pocket Health Spend77.4% (2023)
Education Spend (% GDP)2.7% (2023)
Source: World Bank Open Data

To live in Turkmenistan, you would need around $600-700 per month for a budget lifestyle, $1,200-1,500 per month for a mid-range lifestyle, and $2,500-3,000 per month for a comfortable lifestyle, depending on your personal preferences and the cost of living in different cities.

Quick Facts

GDP per Capita (PPP)$21,213
Budget Living (monthly)$600-700
Mid-Range Living (monthly)$1,200-1,500
Comfortable Living (monthly)$2,500-3,000
Average Local Salary$200-300
CurrencyTMT

Cost of Living Overview

Turkmenistan has a relatively high GDP per capita PPP of $21,213, which indicates a moderate to high cost of living. However, the country's economy is largely driven by the government, and the cost of living can vary greatly depending on the city and lifestyle. A budget of $600-700 per month can provide a basic but comfortable life, with shared accommodation, cooking at home, and using public transportation. A mid-range lifestyle with a budget of $1,200-1,500 per month can offer more comfort, with a one-bedroom apartment in the city center, eating out occasionally, and using taxis or cars. A comfortable lifestyle with a budget of $2,500-3,000 per month can provide a high level of comfort, with a nice two-bedroom apartment, eating out often, and using private transportation.

Compared to neighboring countries, Turkmenistan's cost of living is relatively high, but still lower than in Kazakhstan and Iran. However, the country's unique culture and history, as well as its natural beauty, make it an attractive destination for tourists and expats. The cost of living in Turkmenistan can be affected by the country's import-dependent economy, which can lead to fluctuations in prices. Additionally, the government's control over the economy and the limited availability of certain goods and services can also impact the cost of living.

Monthly Budget Breakdown

CategoryBudget ($)Mid-Range ($)Comfortable ($)Notes
Rent (1BR apartment)150-200300-400600-800(budget=shared/outside, mid=1BR center, comfortable=nice 2BR)
Food & Groceries100-150200-300400-500(budget=cook mostly, mid=mix, comfortable=eat out often)
Transportation20-5050-100100-200(budget=public only, mid=mix, comfortable=taxi/car)
Utilities & Internet50-100100-150150-250(electricity, water, internet, phone)
Healthcare / Insurance20-5050-100100-200(budget=public only, comfortable=private)
Entertainment & Social50-100100-200200-300(going out, hobbies, gym)
Clothing & Personal20-5050-100100-200
Savings / Misc50-100100-200200-300
Total600-7001,200-1,5002,500-3,000

Budget Tier Lifestyles

A budget lifestyle in Turkmenistan can provide a basic but comfortable life, with shared accommodation, cooking at home, and using public transportation. At this level, you can afford to eat out occasionally, but you will need to be mindful of your expenses and prioritize your spending. You can expect to live in a shared apartment outside of the city center, with limited access to amenities and services. However, you can still enjoy the local culture and history, and explore the city's many parks and markets.

A mid-range lifestyle in Turkmenistan can offer more comfort, with a one-bedroom apartment in the city center, eating out occasionally, and using taxis or cars. At this level, you can afford to enjoy some of the city's amenities, such as restaurants, bars, and gyms, and you can expect to have a more comfortable and convenient lifestyle. You can also afford to travel within the country and explore its natural beauty, such as the Caspian Sea and the Karakum Desert.

A comfortable lifestyle in Turkmenistan can provide a high level of comfort, with a nice two-bedroom apartment, eating out often, and using private transportation. At this level, you can afford to enjoy all of the city's amenities, including high-end restaurants, bars, and gyms, and you can expect to have a very comfortable and convenient lifestyle. You can also afford to travel internationally and enjoy the country's many cultural and historical attractions, such as the ancient city of Merv and the Darvaza gas crater.

Cost Comparison by City

CityRent (1BR)Food (monthly)TransportOverall Level
Ashgabat300-400200-30050-100Expensive
Turkmenabat200-300150-25020-50Moderate
Mary150-250100-20010-30Cheap

Money-Saving Strategies

  • Learn some basic Turkmen phrases, such as "merhaba" (hello) and "sag bol" (thank you), to help you navigate the country and interact with locals.
  • Use public transportation, such as buses and taxis, to get around the city and country.
  • Cook at home using local ingredients, such as meat, bread, and vegetables, to save money on food.
  • Avoid eating at high-end restaurants and bars, and instead opt for local cafes and markets.
  • Use cash instead of credit cards, as many businesses do not accept credit cards.
  • Take advantage of the country's many free attractions, such as parks and markets, to explore the local culture and history.
  • Consider living outside of the city center, where accommodation is cheaper and more affordable.

Is Turkmenistan Affordable?

Turkmenistan can be an affordable destination for digital nomads, retirees, and students who are looking for a unique and culturally rich experience. The country's moderate cost of living, combined with its low prices for accommodation and food, make it an attractive option for those on a budget. However, the country's limited availability of certain goods and services, as well as its import-dependent economy, can make it challenging for some expats and tourists. Additionally, the country's strict visa requirements and limited access to certain areas can make it difficult for some visitors.

Overall, Turkmenistan is a great destination for those who are looking for a unique and culturally rich experience, and who are willing to adapt to the country's unique challenges and limitations. With some planning and research, it is possible to have a comfortable and enjoyable life in Turkmenistan, even on a budget. However, it is essential to be mindful of the country's costs and limitations, and to plan accordingly to ensure a smooth and enjoyable experience.

Related Cost Guides: Cost of Living Overview · Rent & Housing · Food & Groceries · Transportation · Economy · Turkmenistan vs Uzbekistan