Summary of cost of living in Cyprus:
Restaurants | |
Range |
|---|---|---|
| Meal at an Inexpensive Restaurant | €15.00 | |
| Meal for Two at a Mid-Range Restaurant (Three Courses, Without Drinks) | €60.00 | |
| Combo Meal at McDonald's (or Equivalent Fast-Food Meal) | €8.00 | |
| Domestic Draft Beer (1 Pint) | €4.00 | |
| Imported Beer (12 oz Small Bottle) | €5.00 | |
| Cappuccino (Regular Size) | €3.39 | |
| Soft Drink (Coca-Cola or Pepsi, 12 oz Small Bottle) | €1.71 | |
| Bottled Water (12 oz) | €0.96 | |
Markets | |
|
| Milk (Regular, 1 Liter) | €1.59 | |
| Fresh White Bread (1 lb Loaf) | €1.56 | |
| White Rice (1 lb) | €1.13 | |
| Eggs (12, Large Size) | €3.96 | |
| Local Cheese (1 lb) | €5.33 | |
| Chicken Fillets (1 lb) | €3.53 | |
| Beef Round or Equivalent Back Leg Red Meat (1 lb) | €5.42 | |
| Apples (1 lb) | €1.27 | |
| Bananas (1 lb) | €0.85 | |
| Oranges (1 lb) | €1.00 | |
| Tomatoes (1 lb) | €1.35 | |
| Potatoes (1 lb) | €0.67 | |
| Onions (1 lb) | €0.57 | |
| Lettuce (1 Head) | €0.81 | |
| Bottled Water (50 oz) | €0.98 | |
| Bottle of Wine (Mid-Range) | €7.00 | |
| Domestic Beer (16.9 oz Bottle) | €1.60 | |
| Imported Beer (12 oz Small Bottle) | €2.29 | |
| Cigarettes (Pack of 20, Marlboro) | €5.00 | |
Transportation | |
|
| One-Way Ticket (Local Transport) | €2.00 | |
| Monthly Public Transport Pass (Regular Price) | €45.00 | |
| Taxi Start (Standard Tariff) | €6.00 | |
| Taxi 1 mile (Standard Tariff) | €3.22 | |
| Taxi 1 Hour Waiting (Standard Tariff) | €30.00 | |
| Gasoline (1 Liter) | €1.43 | |
| Volkswagen Golf 1.5 (or Equivalent New Compact Car) | €29,400.00 | |
| Toyota Corolla Sedan 1.6 (or Equivalent New Mid-Size Car) | €28,577.27 | |
Utilities (Monthly) | |
|
| Basic Utilities for 915 Square Feet Apartment (Electricity, Heating, Cooling, Water, Garbage) | €185.01 | |
| Mobile Phone Plan (Monthly, with Calls and 10GB+ Data) | €18.14 | |
| Broadband Internet (Unlimited Data, 60 Mbps or Higher) | €28.57 | |
Sports And Leisure | |
|
| Monthly Fitness Club Membership | €65.38 | |
| Tennis Court Rental (1 Hour, Weekend) | €25.06 | |
| Cinema Ticket (International Release) | €10.00 | |
Childcare | |
|
| Private Full-Day Preschool or Kindergarten, Monthly Fee per Child | €428.49 | |
| International Primary School, Annual Tuition per Child | €7,382.98 | |
Clothing And Shoes | |
|
| Jeans (Levi's 501 or Similar) | €78.88 | |
| Summer Dress in a Chain Store (e.g. Zara or H&M) | €43.96 | |
| Nike Running Shoes (Mid-Range) | €86.79 | |
| Men's Leather Business Shoes | €98.24 | |
Rent Per Month | |
|
| 1 Bedroom Apartment in City Centre | €878.76 | |
| 1 Bedroom Apartment Outside of City Centre | €719.97 | |
| 3 Bedroom Apartment in City Centre | €1,602.75 | |
| 3 Bedroom Apartment Outside of City Centre | €1,330.70 | |
Buy Apartment Price | |
|
| Price per Square Feet to Buy Apartment in City Centre | €310.13 | |
| Price per Square Feet to Buy Apartment Outside of Centre | €213.01 | |
Salaries And Financing | |
|
| Average Monthly Net Salary (After Tax) | €1,631.45 | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 4.00 | |
Sources and References
Rank |
City |
Cost of Living Index |
Rent Index |
Cost of Living Plus Rent Index |
Groceries Index |
Restaurant Price Index |
Local Purchasing Power Index |
|---|---|---|---|---|---|---|---|
| Limassol | 64.5 | 36.6 | 51.7 | 58.8 | 67.9 | 99.4 | |
| Nicosia | 58.5 | 22.3 | 42.0 | 57.2 | 57.7 | 85.4 | |
| Paphos | 56.5 | 28.9 | 43.9 | 53.6 | 56.7 | 82.1 | |
| Larnaca | 53.1 | 21.8 | 38.8 | 51.2 | 48.8 | 96.1 |
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