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Average salary in Cyprus

Gross and take-home pay, by industry and against other countries

#4 best-paid in the Middle East

Average salary

Take-home / mo

€2,290

Gross / yr

€31,900

Gross€2,660/mo
Net€2,29086%
Tax & contributions€37314%

Cyprus offers a gentler version of high pay — a small, open island economy leaning on services, finance, and a growing tech presence. Earnings here reach the upper end by world standards, and very little is lost to tax, so the headline figure travels well. It's the kind of place where a solid career and a Mediterranean pace are meant to sit side by side rather than trade off against each other.

Salaries in Cyprus by industry

Your field carries real weight here, even if it isn't quite all-or-nothing. Tech, finance, and education pay at the top; retail, hospitality, and property work trail behind. For someone arriving with a profession already, the field you bring tends to set the tone of what you'll earn — worth knowing before you assume the island life evens everything out.

take-home/mo · % vs national average
IT & communication
€3,580+56%
Finance & insurance
€3,260+42%
Education
€3,200+40%
Health & social work
€2,930+28%
Hospitality & food
€1,510-34%
Real estate
€1,330-42%

Salary calculator

What you could earn in Cyprus

Tell us what you do and what you earn today — we'll estimate what someone with your background could earn in Cyprus, what your living costs might be, and what you could save

  • What someone in your field earns
  • What you could spend and save
  • How it compares with today
IT & communication

Take-home in Cyprus

€1,430/mo

vs €1,040 in your country

Cost of living

€574

vs €692 in your country

Potential savings

€857

more than in your country

Standard of living

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How salaries in Cyprus compare

Cyprus pays among the world's higher earners and sits in the upper part of the Middle East. It reaches that standing without oil or gas — it leans on finance, services, and an EU footing instead — which makes its pay less spectacular than the Gulf's but more grounded in everyday business that keeps turning.

take-home/mo · % vs Cyprus
1Israel
€3,170+39%
2Cyprus
€2,290
3Turkey
€644-72%
4Lebanon
€444-81%
5Jordan
€406-82%

Data source: Structure of Earnings Survey 2024 (Eurostat), adjusted to 2026 using IMF GDP-per-capita growth

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Frequently asked questions

What is the average salary in Cyprus?

The average salary in Cyprus is €2,660 a month before tax, or €2,290 take-home after tax and social contributions. Over a year that's €31,900 before tax and €27,500 after.

What is the average salary in Cyprus in US dollars?

The average salary in Cyprus in US dollars is about $36,948 a year before tax, or $2,648 a month after tax.

What salary do you need to live comfortably in Cyprus?

A typical person in Cyprus spends about €1,130 a month, while the average take-home pay is €2,290. How much you need to live comfortably depends on the city, your family situation, and how you usually spend. See the cost of living in Cyprus for the full picture.

What are the highest-paying jobs in Cyprus?

The highest-paying jobs in Cyprus are in IT, finance, and education. Take-home pay in these industries averages around €3,580 a month (about €49,900 gross a year), roughly 56% above the national average.

What are the lowest-paying jobs in Cyprus?

Real estate is the lowest-paying industry in Cyprus. Pay there averages around €1,330 a month take-home (about €18,500 gross a year). For comparison, the highest-paying industries pay about 2.7 times more.

What is a good salary in Cyprus?

A good salary in Cyprus is generally one above the national average — more than €2,290 take-home a month, or €31,900 gross a year. But a lot depends on your spending, where you live, and your financial goals.

Is Cyprus a high-salary country?

Yes. By average after-tax pay, Cyprus is ahead of 85% of countries worldwide and ranks 4th out of 15 countries in the Middle East.

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Living in Cyprus

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