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09 Jan. 2023

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Cost of living in Cyprus: monthly expenses, rent, transport and food

Cost of living
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Cyprus

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Cost of living in Cyprus: monthly expenses, rent, transport and food

Beaches, blue sea, picturesque landscapes make Cyprus quite attractive for life. Learn more about the cost of renting housing, utilities and food on the island

An insurance policy is a guarantee of your safety and peaceful stay outside of Ukraine
An insurance policy is a guarantee of your safety and peaceful stay outside of Ukraine
BUY


Cyprus is one of the most attractive countries in Europe for expats, because the quality of life here is quite high for relatively moderate costs. According to statistics, every fifth resident of Cyprus is a foreigner.


The cost of living in Cyprus is at the level of such European countries as Poland, Hungary and Romania. Limassol - the economic, cultural and financial center of Cyprus is considered the most expensive city in the country, but in the global ranking of the cost of living, which was compiled by the international company Mercer, it took 156th place out of 209.


A family of 2 people in Cyprus should count on a budget of 1700-1850€ per month.


Find the top 8 places to visit in Cyprus here.


Housing rent and utilities


As in most countries of the world, housing rent will become one of the main items of expenditure in your budget. However, its cost can be attributed to the main advantages of living in Cyprus.


Renting a one-room apartment in the central part of a big city will cost 730€ per month, on the outskirts from 600€. For a three-room apartment, you will have to pay from 1200 to 1500€ per month.


The housing stock of Cyprus is represented by both furnished and unfurnished apartments, as well as villas and houses. A large percentage of apartments are located in new buildings. Also, most houses in Cyprus have a shared or private pool.


The lease can be short-term - six months or less, or long-term - 12 months or more. Tenants must pay a deposit of one month's rent before moving in. If the property is returned in good condition at the end of the lease, the deposit must be returned to the tenant in full.


The monthly fee for basic utilities for an 85 square meter apartment, including electricity and heating, will be around 162 euros per month.


Unlimited internet - €45 per month.


The cost of food in Cyprus


Cyprus is a real gastronomic paradise, because the products here are very tasty, and their cost is moderate. The average budget for buying products in Cyprus for a family of 2 people is about 300-350€ per month.


Of course, the freshest products can be bought at local markets. The prices here are quite attractive: drinking water (1.5 l) – 0.7€, fruits and vegetables – from 0.35 to 0.8€ per kg, bread – 1.2€, a bottle of wine – 5€, eggs (10 pieces) - 2€.


Cafes and restaurants in Cyprus


In every city of Cyprus, there are many good cafes and restaurants on the seashore, which treat you to dishes of local and international cuisine. A 3-course meal for two in a mid-range restaurant will cost €40. A bottle of Coca-cola or Pepsi costs €1.50. A cup of cappuccino - €3. Complex menu in a fast food cafe - 6€.


Fare


There is no railway connection in Cyprus, and the basis of the transport system is buses. A single ticket costs €1.50. However, bus service has a number of disadvantages - the schedule is not very reliable, there are also restrictions in routes.


That is why most expats prefer to travel by their own or rented car. A liter of gasoline on the island costs about 1.5€. For more details on the rules of driving traffic in Cyprus, see the link.


Taxi services – €5 per kilometer.


Entertainment and sports in Cyprus


The monthly fee for membership in a fitness club is about €56. Renting a tennis court for an hour on a weekend costs approximately €34.


A ticket to the cinema starts at €9.


Medical services


The level of medicine in Cyprus is quite high, because most of the specialists were trained in Europe (mainly in Great Britain) or in other European countries. However, unlike most European countries, Cyprus does not require mandatory health insurance.


A visit to a doctor in Cyprus costs €50, the cost of a one-day hospital stay (without treatment) is about €150-200. That is why, for a trip to Cyprus, we advise you to have travel insurance, because it is a guarantee of your safety and a peaceful stay outside of Ukraine.


Child care


In 2004, the government of Cyprus introduced an order requiring children to attend preschool for at least one year before entering primary school. As a result, prices for kindergartens in the country have risen sharply. On average, you should count on the amount from 340 to 600€ per month. You will also have to pay a one-time registration fee.


Babysitting services - from €3 to €5 per hour.


We will remind you! Ukrainians who found refuge in Cyprus can apply for temporary protection and receive the right to residence and employment. Learn more about the conditions for obtaining temporary protection in Cyprus and assistance to refugees at the link.

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