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Cost of living in Cyprus

Cost of living in Cyprus

04.07.2023

According to expatistan.com, the estimated cost of living in Cyprus for a family of four is 3,861 euros per month, while the estimated cost for a single person is 1,782 euros per month. This online platform has been designed to give you a better understanding of the cost of living in any city before you move there. Prices are introduced for six categories of consumer goods: food, housing, clothing, transportation, personal care and entertainment.

Limassol

Perhaps unsurprisingly, the cost of living in Limassol is significantly higher than the rest of the island due to high property prices and rents. The estimated monthly cost for a family of four is €4,262 and for a single person €2,368. Monthly rent for a furnished apartment of 85 sq. m in an expensive area is 2,004 euros, in a normal area – 1,429 euros.

Nicosia

The estimated monthly cost of living for a family of four living in Nicosia is €3,273 and €1,398 for a single person. Monthly rent for a furnished apartment of 85 sq. m in an expensive area is 904 euros, in a normal area – 697 euros.

Larnaca

The estimated monthly cost of living for a family of four living in Larnaca is €2,895 and €1,242 per person. Monthly rent for a furnished apartment of 85 sq. m in an expensive area is 942 euros, in a normal area – 447 euros.

Cost of living comparison

Limassol is 17% more expensive than Nicosia and 27% more expensive than Larnaca.

Nicosia is 15% cheaper than Limassol , but 9% more expensive than Larnaca.

Larnaca is 21% cheaper than Limassol and 8% cheaper than Nicosia.

(Unfortunately no information about Paphos is given.)

Source and photo: www.news.cyprus-property-buyers.com, Editor estateofcyprus.com

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