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Cost of living in Cyprus

Average monthly spending, by standard of living, by category, and against other countries

#3 priciest in the Middle East

Monthly cost

€1,130

what a typical person spends

Spending by standard of living

poorest 20%
€574
richest 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.

share of monthly spending
Dining out
€19517%
Housing
€18917%
Other
€16014%
Groceries
€14713%
Transport
€14113%
Leisure & culture
€787%

Living-cost calculator

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

  • What your lifestyle costs
  • How much could be left each month
  • How it compares with today
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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.

monthly spend · % vs Cyprus
1Israel
€1,850+64%
2Cyprus
€1,130
3Turkey
€532-53%
4Lebanon
€386-66%
5Jordan
€227-80%
6Palestine
€143-87%
7Syria
€71-94%

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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