Cost of Living in Cyprus: Rent, Housing & Income

Cyprus is a Mediterranean island with an English-speaking business community and a warm climate, which is why it shows up on so many relocation lists. Prices are not the same across it. Limassol and Paphos attract buyers and renters from abroad, while Nicosia has the offices. This page covers the country, using crowd-sourced estimates from Numbeo and Livingcost converted to US dollars. Exchange rates therefore affect them.

The data were last checked on Oct 13, 2026.

The World Bank's price level ratio for Cyprus was 64.7 in 2025, with the U.S. at 100. At market exchange rates, the same basket of goods and services cost about 65% of its U.S. price.

GDP per capita, adjusted for purchasing power, was 64,575 international dollars in 2025 (U.S.: 90,027 international dollars in 2025). Consumer prices rose 0.1% in 2025 (U.S.: 2.9% in 2024).

Numbeo estimates $958.90/mo for one person before rent and $3,431.90/mo for a family of four. Livingcost reports $678/mo without rent and $1,631/mo with it.

The gap between Numbeo's rent-free number and Livingcost's is wide. Numbeo prices individual items, while Livingcost weights several cities by population, so they may be describing different habits.

A one-bedroom apartment in a city center is $657.07 – $1,673.65/mo, and outside the center $557.88 – $1,562.07/mo. The top of the central range is far above the midpoint, which fits an island where seafront and new-build apartments cost much more than older ones inland.

A three-bedroom place is $1,227.34 – $3,012.57/mo in the center and $1,004.19 – $2,343.11/mo outside it. Seasonal demand matters, so some landlords charge more in summer or offer lower rent for a long lease signed off-season.

Basic utilities for an 85 square meter apartment are $122.73 – $334.73/mo. Air conditioning in summer and heating in winter both contribute. Broadband is $22.32 – $50.21/mo and a mobile plan $11.16 – $33.47/mo. A monthly public transport pass is $44.63 – $66.95/mo.

Public transit is limited outside the main towns, and most households own a car. Fuel, insurance and registration are not part of this table, so add them if you will drive.

An inexpensive restaurant meal is $16.74 each. A liter of milk is $1.83 each and a dozen large eggs $4.49 each.

Restaurant prices here sit well above those in the cheaper countries in this series. That affects expats who eat out often, so factor your own habits into the food line.

The average monthly net salary after tax is $1,874.62/mo.

The salary is above the single-person total without rent, but it leaves less once you add a one-bedroom. Local pay and the budgets of retirees or remote workers differ, so compare your own income with the lines above.

• Health insurance or private medical plans.
• Residence permit fees and legal costs. Check the official Cyprus immigration pages.
• Flights, shipping and furnishing.
• School tuition, including international schools.
• Taxes. Ask a licensed advisor about your situation.

The rent table already shows how much the location matters. Spend time in the places you are considering during different seasons. A coastal resort town can be lively in summer and quiet in winter, and shops and services may close or reduce hours. Ask the landlord about utilities, which may be billed separately and can run high during the hot months.

Start with a one-bedroom rent from the table, then add utilities, internet and phone. Next, estimate transport, which may include a car. Food comes last, since it depends on how often you eat out. Keep a margin for the unexpected, such as repairs or a trip home.

Because transit outside the main towns is limited, many residents own a car. The monthly pass at $44.63 – $66.95/mo helps in Nicosia and Limassol, but a rural or coastal home may make a car close to essential. Add fuel, insurance and annual registration to your budget if you plan to drive, since none of those costs appear in this table.

If you are not sure which town fits, begin with a short rental. Rents for furnished places are often higher than for unfurnished ones, but you avoid buying furniture for an apartment you may leave. After a few months, you will know whether the $557.88 – $1,562.07/mo outside the center suits you better than a central address.