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

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Cyprus is an island where dreams of a comfortable life come true. This country is actively attracting expats from all over the world, including Ukrainians, due to its simplified relocation conditions, relatively low cost of living and high level of security. Let's take a look at what makes life in Cyprus attractive: from the cost of housing and food to study and work opportunities.

Cost of living in Cyprus

In general, the cost of living in Cyprus remains relatively affordable compared to other European countries, such as Italy, Spain, and France. At the same time, the standard of living in Cyprus is about the same as in Poland or Hungary.

Renting a house in Cyprus

Renting a house in Cyprus is the main item of expenditure. Recently, the demand for real estate, especially in large cities such as the capital Limassol or Nicosia, has increased, and this has led to a slight increase in prices: At the same time, the cost of renting in Cyprus remains competitive compared to other European resort regions.

- One bedroom apartment in the center of Limassol: 850-950 euros.

- One bedroom apartment on the outskirts of Limassol: 700-800 euros.

- Two-bedroom apartment in the center of Nicosia: 1400-1700 euros.

- Two-bedroom apartment on the outskirts of Nicosia: 1200-1500 euros.

- Renting a villa in Cyprus (near the sea): from 2500 euros per month.

Most apartments in Cyprus are newly built apartments, often with private or shared swimming pools.

We wrote indetail about a trip to Cyprus in the material on Visit World

Please note! For those who plan to move to Cyprus for a long time, there is a possibility of concluding a long-term lease agreement, which allows you to reduce the cost of rent. Also, when renting an apartment, you should take into account the need to pay a deposit in the amount of one month's rent.

Unlimited Internet in Cyprus is somewhat more expensive than in most European countries - about 50 euros per month.

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Buying real estate in Cyprus

Buying real estate in Cyprus is not only a profitable investment in the resort region, but also an opportunity to obtain permanent residence. The growing popularity of the island among Europeans and expats from all over the world makes the real estate market active and prices consistently high.

Average real estate prices

Prices depend on the location, type of property and its proximity to the coast.

Apartments in the center of cities in Cyprus

• 
  
• 85 m² in the center of Limassol or Nicosia: 200,000 - 300,000 euros.
  
• A similar apartment on the outskirts will cost 160,000 - 220,000 euros.
  

Villas in Cyprus

• 
  
• On the coast: starting from 450,000 euros, prices for luxury villas reach 2-3 million euros.
  
• In mountainous areas or small towns: 250,000 - 400,000 euros.
  

Townhouses: a popular choice among families, the average price is 200,000 - 350,000 euros.

Land plots in Cyprus for building your own house cost from 100,000 euros, depending on the area and proximity to the city/sea.

We wrote about the best cities to live in Cyprus in our previous article

Food and nutrition in Cyprus

Food prices in Cyprus remain moderate. The main expenses for a family of two are 350-400 euros per month.

• 
  
• Bread (1 loaf): 1.3 euros.
  
• Water (1.5 liters): 0.8 euros.
  
• Eggs (10 pieces): 2.5 euros.
  
• Chicken fillet (1 kg): 7.5 euros.
  
• Fruits/vegetables: from 0.5 to 1.2 euros per kg.
  
• Bottle of wine: 6-8 euros.
  

Fresh vegetables, fruits and seafood can be found at the markets of Cyprus at any time of the year at favorable prices.

Restaurants and cafes in Cyprus

• 
  
• Lunch for two in a middle-class restaurant: 50 euros.
  
• Cappuccino: 3.5 euros.
  
• Lunch in a fast food restaurant: 7-8 euros.
  

Transportation in Cyprus

The main form of public transportation in Cyprus is buses, but their schedule is often unreliable.

✔️ A single bus ticket in Cyprus is more expensive than in most European countries - 1.7 euros.

✔️ A liter of gasoline in Cyprus costs 1.6 euros.

✔️ Taxis: from 6 euros per kilometer.

Most expats in Cyprus choose their own car. Here are the average prices for buying a car in Cyprus:

✔️ Used car: 10,000 - 15,000 euros.

✔️ A new middle-class car: 20,000 - 30,000 euros.

Healthcare

The level of medicine in Cyprus is quite high, as most specialists have been trained in Europe (mainly in the UK) or in other European countries. However, unlike most European countries, Cyprus does not require compulsory health insurance. At the same time, the costs of treatment in Cyprus are European-style high. A visit to a doctor in Cyprus costs at least €60, the cost of one day's stay in a hospital (without treatment) is about €150-200. Therefore, it makes sense to take care of health insurance on your own.

Education and childcare in Cyprus

Back in 2004, the Cypriot government introduced a regulation requiring children to attend pre-school education for at least one year before entering primary school. As a result, the prices of kindergartens in the country have risen sharply.

✔️ Kindergarten: 350-700 euros/month.

✔️ Babysitting services: 4-6 euros/hour.

✔️ Private schools: 4000-8000 euros/year.

Other expenses in Cyprus

In addition to the basic expenses such as housing, food and transportation, there are a number of other costs that affect the cost of living in Cyprus. Additional expenses for leisure, habits and entertainment depend on your preferences.

✔️ Fitness club: 60 euros/month.

✔️ Cinema: 9-12 euros per ticket, depending on the format (2D, 3D or VIP room).

✔️ Bowling or billiards: 25-35 euros per hour for a company.

✔️ Spa or massage: from 50 euros per session.

✔️ Haircut in a beauty salon: from 15-25 euros for men, 30-50 euros for women.

✔️ Cosmetic treatments: the average bill for salon treatments (manicure, pedicure) is 25-40 euros.

✔️ Beauty salon subscription (once a month): 100-150 euros depending on the services.

✔️ Tobacco products (pack): 4.5 euros.

✔️ Alcohol (0.5 liters of beer): 2.5 euros.

✔️ Strong alcohol (bottle of vodka or whiskey): prices in stores start at 15 euros, for imported brands - 25-40 euros

Average salaries and living standards in Cyprus

The average salary in Cyprus in 2024 is 1500-1800 euros per month. In the field of IT or finance - up to 2500-3000 euros. The unemployment rate is low, and the quality of life is significantly improved due to the warm climate, low crime rate and friendly atmosphere.

Advantages of living in Cyprus for Ukrainians

- Simplified entry procedure: Ukrainians can enter Cyprus with biometric passports without a visa for up to 90 days.

- Language adaptation: due to the large number of Ukrainians and Russian-speaking residents, it is easy to find Russian-language schools, businesses and services in major cities (Limassol, Nicosia).

- Work and income: For professionals with international income or those who work remotely, the cost of living in Cyprus remains favorable.

Comparison with other EU countries

Despite gradual price increases, the standard of living in Cyprus is still affordable compared to countries such as Italy, Spain or France. For example:

• Housing in Spain will cost 10-20% more than in Cyprus.
  

• Food prices are on average 15% lower than in France.
  
• Personal income taxes are much lower, which is favorable for international business and relocation.
  

Summary: life in Cyprus in 2024-2025

Cyprus is a great place to live and work, especially for those looking for moderate costs, a comfortable climate and a high level of security. For Ukrainians, there is a simplified entry procedure, which makes the move even more attractive. Despite rising prices, life on the island remains affordable and profitable, especially for people working in the field with international income.

The monthly budget of a family of two in Cyprus will be at least 1900-2100 euros per month.

Cyprus combines quality of life, developed infrastructure and warm hospitality. Regardless of whether you plan to live here permanently, work or just relax, this island is able to satisfy your needs and even exceed your expectations.

Are you planning to move to Cyprus but don't know where to start? Getting a visa, applying for residency or buying real estate may seem complicated, but not when you work with experienced lawyers.

Visit Ukraine's immigration lawyers will provide full support for your move:

✔️ Consultations on types of visas and residency: we will help you choose the best option for you.

✔️ Preparation and submission of documents: we minimize the risk of rejection and save your time.

✔️ Legal support of real estate transactions: we guarantee transparency and security when buying or renting a home.

✔️ Tax advice: we will help you optimize your expenses in accordance with local legislation.

Our visa lawyers also have many years of experience working with clients from Ukraine and other countries. We know all the ins and outs of the process, so we can help you move to Cyprus easily and without stress.

Just to remind you! Renting a home in the European Union can be a challenge.

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