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Cost of Living in Cyprus

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Cost of Living in Cyprus
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Cyprus is one of the most attractive destinations in Europe for expats, offering a Mediterranean lifestyle, affordable living, and high-quality services at lower prices compared to countries like Germany, Sweden, or France. While the real estate market is growing, living costs in Cyprus remain reasonable.

Housing Costs in Cyprus

Housing rent is one of the main expenses for expats, but it is still lower than in many European countries.

  • One-bedroom apartment outside city center: €700–€800

  • One-bedroom apartment in city center: €900–€1,000

  • Three-bedroom apartment outside city center: €1,300–€1,500

  • Three-bedroom apartment in city center: €1,700+

Features of Renting Property in Cyprus:

  • Options include furnished and unfurnished apartments, villas, and houses.

  • Many homes have a shared or private pool.

  • Lease types: Short-term (6 months or less) and long-term (12 months or more).

  • Deposit: Usually one month’s rent, refundable if the property is returned in good condition.

Utility and Internet Costs

  • Utilities for an 85 m² apartment: €162/month (electricity, water, heating, cooling, garbage).

  • Internet: €35/month for high-speed connection.

  • Mobile plan: Around €20/month.

Tip: Electricity bills are higher in summer due to air conditioning.

Buying Property in Cyprus

Real estate prices are rising due to high demand.

  • Price per m² in city center: €2,300–€2,500

  • Price outside city center: €1,700

Bonus: Buying property worth €300,000 or more qualifies you for permanent residence.

Food Prices in Cyprus

Cyprus offers delicious food at reasonable prices.

  • Monthly grocery budget for 2 people: €300–€350

  • 1 L milk: €1.13–€2.50

  • 500 g chicken breast: €5.03

  • 12 eggs: €4.63

  • 1 kg potatoes: €1.39

  • 500 g local cheese: €9

Dining Out Costs

  • Dinner for two in a mid-range restaurant: €60

  • Meal in an inexpensive restaurant: €15

  • Fast food menu: €6–€7

  • Cappuccino: €3

Transport Costs in Cyprus

Public transport is mainly buses:

  • One-way ticket: €1.50–€2.40

  • Night fare: €3.50

  • Monthly pass: €40–€50

Tip: Most expats prefer cars due to limited bus routes.

  • Petrol: €1.5/L

  • Taxi: €1.5 per km (Limassol to Paphos, 70 km: €105).

Healthcare Costs in Cyprus

Cyprus offers both public and private healthcare:

  • Public system: Free for residents and citizens.

  • Doctor visit: €50

  • Hospital stay (1 day): €150–€200

  • Dental treatment: €100–€200

  • Childbirth: €4,000–€5,000

Entertainment Costs

  • Museum ticket: €10–€12

  • Cinema ticket: €10

  • Gym membership: €60/month

  • Tennis court (1 hour): €24

Average monthly entertainment budget for a couple: €200–€300.

Education Costs

  • Public schools: Free for EU residents.

  • Private kindergarten: €400/month

  • Private school: €6,000/year

  • University tuition:

    • Non-EU students: €5,000–€6,000/year

    • Private universities: €9,000–€10,000/year

    • Medical programs: €25,000/year

Living in Cyprus is a great option for expats looking for sunny weather, rich culture, and affordable living. With reasonable housing, healthcare, and education costs, it’s an ideal destination for relocation or retirement.

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