Cost of living in Cyprus
Average monthly spending, by standard of living, by category, and against other countries
Monthly cost
€1,130
what a typical person spends
Spending by standard of living
€574richest 20%
€2,710
Cyprus has the feel of a Mediterranean island that lives well and pays for it — a lot arrives by sea, and a steady stream of visitors keeps prices firm year-round. It isn't cheap, but it isn't punishing either. And life looks much the same whether you're well-off or careful with money — the distance between those positions stays small.
Where people spend money in Cyprus
What's telling about Cyprus is that eating and drinking out tops the monthly budget — this is a place where life happens at the table, and the social side of it costs real money. Rent and groceries follow close behind, and because a place to live doesn't dominate the way it does elsewhere, you keep more freedom over how the rest of the month goes.
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What it costs to live in Cyprus
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Cyprus and how much you could have left each month
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Cost of living in Cyprus
€574/mo
vs €692 in your country
Take-home
€1,430
vs €1,040 in your country
Potential savings
€857
more than in your country
Standard of living
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How living costs in Cyprus compare
Cyprus lands above the world's middle — dearer than much of the globe, though well short of the priciest. Inside its region it sits toward the upper end too, and the reason is geography as much as anything: an island that ships much of its life in, with a tourist economy keeping prices buoyant.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), category breakdown 2022 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth
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Frequently asked questions
What is the cost of living in Cyprus?
A typical person in Cyprus spends about €1,130 a month — around €13,500 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the cost of living in Cyprus in US dollars?
The cost of living in Cyprus is about $1,304 a month, or roughly $15,648 a year per person.
How much money do you need to live comfortably in Cyprus?
It all depends on your standard of living. A modest budget runs about €574 a month per person, a typical one around €1,130, and a comfortable life around €1,450. In big cities and for a family, costs are usually higher.
What do people spend the most on in Cyprus?
The biggest expense is dining out, at about €195 a month (17% of spending). Then come housing (€189, 17%) and groceries (€147, 13%).
Is the average salary in Cyprus enough to live on?
Yes, with room to spare. Average spending is about €1,130 a month, while the average take-home pay in Cyprus is about €2,290. For more on incomes, see salaries in Cyprus.
Is Cyprus an expensive country to live in?
Yes. Cyprus is more expensive than 79% of countries worldwide and ranks 3rd of 17 in the Middle East by cost of living.
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Living in Cyprus
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