Cost of Living in Cyprus

Updated: January 01, 2025

If you've ever considered moving to Cyprus, one of the first questions that likely crossed your mind is, "What is the cost of living in Cyprus?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Cyprus and whether the reported $1926 per month figure aligns with the average monthly salary of $1200.83.

Restaurants

Markets

Transportation

Childcare

Clothing

Rent Per Month

Buy Apartment

Salaries

Cyprus

restaurant Restaurants	Price	World Range
Meal, Inexpensive Restaurant	12.42 $
Meal for 2 People, Mid-range Restaurant, Three-course	47.75 $
McMeal at McDonalds (or Equivalent Combo Meal)	6.69 $
Domestic Beer (1 pint draught)	3.25 $
Imported Beer (12 oz small bottle)	3.82 $
Cappuccino (regular)	3.01 $
Coke/Pepsi (12 oz small bottle)	1.44 $
Water (12 oz small bottle)	0.74 $

store Markets	Price	World Range
Milk (regular), (1 gallon)	1.4 $
Loaf of Fresh White Bread (1 lb)	1.53 $
Rice (white), (1 lb)	1.87 $
Eggs (regular) (12)	2.66 $
Local Cheese (1 lb)	9.37 $
Chicken Fillets (1 lb)	6.72 $
Beef Round (1 lb) (or Equivalent Back Leg Red Meat)	9.35 $
Apples (1 lb)	2.19 $
Banana (1 lb)	1.46 $
Oranges (1 lb)	1.5 $
Tomato (1 lb)	2.22 $
Potato (1 lb)	0.98 $
Onion (1 lb)	0.85 $
Lettuce (1 head)	0.55 $
Water (1.5 liter bottle)	0.83 $
Bottle of Wine (Mid-Range)	6.69 $
Domestic Beer (0.5 liter bottle)	1.26 $
Imported Beer (12 oz small bottle)	1.99 $
Cigarettes 20 Pack (Marlboro)	4.78 $

commute Transportation	Price	World Range
One-way Ticket (Local Transport)	1.43 $
Monthly Pass (Regular Price)	38.2 $
Taxi Start (Normal Tariff)	4.78 $
Taxi 1 mile (Normal Tariff)	1.1 $
Taxi 1hour Waiting (Normal Tariff)	19.1 $
Gasoline (1 gallon)	1.46 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	18814.96 $
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	21573.77 $

mark_as_unread Utilities (Monthly)	Price	World Range
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment	157.07 $
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)	0.09 $
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	32.74 $

kitesurfing Sports And Leisure	Price	World Range
Fitness Club, Monthly Fee for 1 Adult	53.5 $
Tennis Court Rent (1 Hour on Weekend)	23.16 $
Cinema, International Release, 1 Seat	8.6 $

child_friendly Childcare	Price	World Range
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	326.6 $
International Primary School, Yearly for 1 Child	5671.15 $

checkroom Clothing And Shoes	Price	World Range
1 Pair of Jeans (Levis 501 Or Similar)	74.77 $
1 Summer Dress in a Chain Store (Zara, H&M, ...)	36.58 $
1 Pair of Nike Running Shoes (Mid-Range)	74.29 $
1 Pair of Men Leather Business Shoes	92.87 $

night_shelter Rent Per Month	Price	World Range
Apartment (1 bedroom) in City Centre	710.78 $
Apartment (1 bedroom) Outside of Centre	580.78 $
Apartment (3 bedrooms) in City Centre	1448.74 $
Apartment (3 bedrooms) Outside of Centre	1148.82 $

home Buy Apartment Price	Price	World Range
Price per Square Feet to Buy Apartment in City Centre	1948.95 $
Price per Square Feet to Buy Apartment Outside of Centre	1401.84 $

account_balance_wallet Salaries And Financing	Price	World Range
Average Monthly Net Salary (After Tax)	1200.83 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	2.61 %

Dining Out

The cost of dining varies with the type of establishment. A meal at an affordable restaurant averages around 12.42 USD, while a three-course dinner for two at a mid-range restaurant generally costs 47.75 USD.

Groceries

Basic grocery prices are accessible for most essentials. For instance, a gallon of milk costs about 1.4 USD, a loaf of bread 1.53 USD, and a dozen eggs approximately 2.66 USD.

Transportation

Public transport is relatively affordable, with a single trip priced at about 1.43 USD and a monthly pass around 38.2 USD. If you plan to use public transit regularly, these passes offer great value.

Utilities

For an 85 m² apartment, monthly utility bills—including electricity, heating, water, and waste services—average around 157.07 USD.

Sports and Recreation

For those interested in fitness and leisure, a monthly gym membership averages around 53.5 USD, while an hour on a tennis court on weekends costs about 23.16 USD.

Childcare and Education

Families looking for private childcare services will find that a month at a local preschool or kindergarten costs around 326.6 USD. For international schooling options, annual tuition can reach approximately 5671.15 USD.

Clothing and Footwear

Clothing and shoe prices vary widely. A pair of Levi's 501 jeans, for example, costs about 74.77 USD, and mid-range Nike sneakers are priced around 74.29 USD.

Apartment Rentals

Rental prices depend on location, with a one-bedroom apartment in the city center averaging 710.78 USD per month, while one outside the center costs around 580.78 USD.

Real Estate for Purchase

If you're considering buying property, prices per square foot vary as well. In central areas, the price per square foot is roughly 1948.95 USD, while in the suburbs, it's closer to 1401.84 USD.

Average Salary and Mortgage Rates

The average monthly net salary here is about 1200.83 USD after taxes, and mortgage interest rates for a 20-year fixed-rate loan average around 2.61% annually.

Warnings & Dangers in Cyprus

OVERALL RISK: LOW

Cyprus is generally very safe to travel to, even though it is geographically close to countries hit by terrorism and wars. Petty crime does occur, especially during the holidays and summer.

TRANSPORT & TAXIS RISK: LOW

Taxis and other types of transportation are normally safe in Cyprus, with reliable and modern vehicles. Taxi sharing is not permitted in Cyprus.

PICKPOCKETS RISK: MEDIUM

Pickpocketing and bag snatching have been reported and such cases occasionally happen, as do cases of valuables theft when left unattended or in plain sight in an unattended vehicle. Be cautious when handling money or other objects of importance.

NATURAL DISASTERS RISK: LOW

Minor tremors happen occasionally in Cyprus. In the event of a natural disaster, follow the advice of the local authorities.

MUGGING RISK: LOW

Street crime rarely happens and even if it does, it is usually performed by unarmed criminals. Armed robbery is most common in the Turkish, northern part of the country, and is rare elsewhere.

TERRORISM RISK: MEDIUM

A general threat of terrorism exists, since Cyprus is located very near to war and terrorism stricken countries, to which the Foreign and Commonwealth Office adds: “Attacks could be indiscriminate, including in places frequented by foreigners.

SCAMS RISK: MEDIUM

Scams do happen, during the holidays and summer when the number of visitors increases, so double check your change and negotiate everything in advance.

WOMEN TRAVELERS RISK: LOW

When it comes to women traveling alone, if you follow the basic protocols of a lone traveler, male or female then your trip to Cyprus should go smoothly. Use common sense and be aware of your surroundings at all times.

Cost of Living in Cyprus

Cyprus

Restaurants

Markets

Transportation

Utilities (Monthly)

Sports And Leisure

Childcare

Clothing And Shoes

Rent Per Month

Buy Apartment Price

Salaries And Financing