Kevin - you probably haven't noticed prices creeping up, but many Turks living on 1200-1500tl a month have done. Rents, utilities, SGK, basic food stuffs etc.
I'm as guilty of not really noticing either, flying visits to Istanbul don't really give me much insight as to local prices - apart from the alcohol!
The biggest danger, in my opinion, is inflation - Turkey has a bit of a history there. My other half was working in Istanbul during the mid nineties when if you got paid in lira you needed a wheelbarrow to pick up your wages. I remember when I first came here inflation was sixty odd percent.
The AKP built on work done previously to stabilise the economy when they got power in 2002 and to a certain extent since then things have been relatively stable. Unfortunately, it looks like the wheels are getting a bit wobbly on this financial journey...
This article on bloomberg makes interesting reading:
https://www.bloomberg.com/news/articles/2017-01-10/why-the-lira-s-in-trouble-2017-s-worst-performer-in-chartsJF