Cost of living and expenses in Cyprus

What are the costs of living, how much do you have to spend on fees and expenses in Cyprus? What is the cost of a mortgage, what are the average earnings in Cyprus, and how much do you have to spend on clothes or a flat in the centre or on the outskirts of the city?
Below you will read about the expenses, fees, rental prices, how much you have to pay for clothes or shoes and the cost of living in Cyprus (The last update: today)

Currency in Cyprus euro (EUR €). For 10 US dollars you can get 9.6 euros. For 100 US dollars you can get 96 euros. And the other way around: For 10 euros you can get 10.4 US dollars.


See also how prices have changed in previous years: Price changes in previous years in Cyprus


What are the different prices in the cities in Cyprus? What are the prices and costs on the islands belonging to Cyprus? See here: Prices on islands and cities in Cyprus

Prices: Cyprus   Northern Cyprus   Larnaca   Limassol   Nicosia   Famagusta   Protaras   Paphos   Strovolos   Tseri   Egkomi   Paralimni  


Price fees $194 ($120 - $313)

fees

$194 ($120 - $313)
5.8% is less expensive than in United States

Price internet $33 ($24 - $52)

internet

$33 ($24 - $52)
by half less than in United States

Price jeans $87 ($42 - $115)

jeans

$87 ($42 - $115)
67% more than in United States

Price average earnings $1.56K

average earnings

$1.56K
66% is less expensive than in United States

Price renting a small apartment in the center $942 ($573 - $1.67K)

renting a small apartment in the center

$942 ($573 - $1.67K)
by half less than in United States

Price renting a large apartment outside the center $1.44K ($833 - $2.5K)

renting a large apartment outside the center

$1.44K ($833 - $2.5K)
by half less than in United States

The cost of living in Cyprus:

  1. One-way Ticket (Local Transport) $2.1 (€2)
  2. Monthly Pass (Regular Price) $52 (€50)
  3. Gasoline (1 liter) $1.5 (€1.4)
  4. Volkswagen Golf 1.4 90 KW (or equivalent new car) $26K (€25K)
  5. Apartment (1 bedroom) in city centre $942 (€904)
  6. Apartment (1 bedroom) outside of centre $719 (€690)
  7. Apartment (3 bedrooms) in city centre $1.74K (€1.67K)
  8. Apartment (3 bedrooms) outside of centre $1.44K (€1.38K)
  9. Utilities (electricity, heating, water, garbage) for an 85m2 apartment $194 (€186)
  10. Internet (60 Mbps or more, unlimited data, cable/ADSL) $33 (€32)
  11. numb_34 $21 (€20)
  12. 1 pair of jeans (Levis 501 or similar) $87 (€84)
  13. 1 Summer Dress in a Chain Store (Zara, H&M,...) $43 (€41)
  14. 1 pair of Nike running shoes or similar $91 (€87)
  15. 1 pair of men's leather shoes $113 (€109)
  16. Toyota Corolla 1.6l, 97kW Comfort (or equivalent new car) $29.6K (€28.4K)
  17. Preschool (or Kindergarten), Private, Monthly for 1 Child $432 (€415)
  18. Price per square meter for an apartment in the city center $2.88K (€2.76K)
  19. International Primary School, Annually for 1 Child $7.52K (€7.21K)
  20. Price per square meter for an apartment outside of city centre $2.15K (€2.06K)
  21. Average Monthly Net Salary (After Tax) $1.56K (€1.5K)
  22. Mortgage annual interest rate in percentages (%) 3.8%
  23. Taxi starting fare (normal tariff) $5.2 (€5)
  24. Taxi 1km (Normal Tariff) $1.8 (€1.7)
  25. Taxi 1 hour waiting (normal tariff) $31 (€30)
source: hikersbay.com & numbeo.com

Price changes in previous years in Cyprus

Price changes in One Square Meter Of An Apartment In The Center over the years: 2011: $1.88K(€1.8K), 2012: $1.35K(€1.3K), 2013: $1.89K(€1.82K), 2014: $1.91K(€1.83K), 2015: $1.67K(€1.6K), 2016: $1.46K(€1.4K), 2017: $1.8K(€1.73K), and 2018: $2.28K(€2.18K)

Cyprus price changes: Price per square meter for an apartment in the city center 2011-2018
Cyprus price changes Price per square meter for an apartment in the city center hikersbay.com

Have earnings increased in Cyprus?
See the average salary in previous years in 2011: $1.54K(€1.48K), 2012: $1.25K(€1.2K), 2013: $1.2K(€1.15K), 2014: $1.28K(€1.23K), 2015: $1.1K(€1.05K), 2016: $1.38K(€1.32K), 2017: $1.24K(€1.19K), and 2018: $1.13K(€1.09K)

Cyprus price changes: Average Monthly Net Salary (After Tax) 2011-2018
Cyprus price changes Average Monthly Net Salary (After Tax) hikersbay.com

Price changes in Fees over the years: 2011: $99(€95), 2012: $198(€190), 2013: $144(€138), 2014: $170(€163), 2015: $106(€101), 2016: $102(€98), 2017: $103(€99), and 2018: $125(€120)

Cyprus price changes: Utilities (electricity, heating, water, garbage) for an 85m2 apartment 2011-2018
Cyprus price changes Utilities (electricity, heating, water, garbage) for an 85m2 apartment hikersbay.com

Price changes in Internet over the years: 2011: $50(€48), 2012: $49(€47), 2013: $33(€32), 2014: $36(€34), 2015: $37(€35), 2016: $31(€30), 2017: $39(€37), and 2018: $42(€41)

Cyprus price changes: Internet (60 Mbps or more, unlimited data, cable/ADSL) 2011-2018
Cyprus price changes Internet (60 Mbps or more, unlimited data, cable/ADSL) hikersbay.com

Have prices changed in clothing stores in Cyprus in recent years?
For example, this is how the prices of jeans have changed in 2011: $80(€77), 2012: $90(€87), 2013: $79(€75), 2014: $64(€62), 2015: $71(€68), 2016: $61(€59), 2017: $55(€53), and 2018: $82(€78)

Cyprus price changes: 1 pair of jeans (Levis 501 or similar) 2011-2018
Cyprus price changes 1 pair of jeans (Levis 501 or similar) hikersbay.com

Do you want to learn more about different prices? See the following comparison:

wine

$7.3 ($4.2 - $12.5)
by half less than in United States

local beer

$3.6 ($2.1 - $5.2)
39% is less expensive than in United States

internet

$33 ($24 - $52)
by half less than in United States

rice

$2.5 ($1.4 - $3.3)
by half less than in United States

renting a small apartment in the center

$942 ($573 - $1.67K)
by half less than in United States

coffee

$3.5 ($2.1 - $5.2)
31% is less expensive than in United States

Prices on the islands