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Joining the EU. (NOT a political dicsusion) (Izmir)

What might be expected to change if Turkey joins the EU. Not looking for a political discussion or if Turkey Should or should NOT joint.
Will be living in Turkey permanently. My wife is Turkish. I am retired US military. Not sure if I will be able to work.

Since I am from the US. The concept of a common currency is difficult to grasp. My biggest worries are about the economy.....or better will it affect my economy. My pay will be tied to the US dollar. I know there may not be a back and white answer.

Will There be a massive shift in the cost of living?
Will the high cost of TAXED items come down??? Like cars and electronics.
Will home/house prices skyrocket or drop?

Or will this be a boring event with new monopoly money the next day?

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