There are still compelling reasons to move to Cyprus, aside from the weather. The costs of accommodation, communications, education and healthcare are all fairly low and, for the most part, of good quality. On the other hand, the prices of consumables such as groceries and magazines are fairly high, while clothes are usually subject to import taxes, driving up their prices.
Southern Cyprus tends to be more expensive than the Turkish-occupied northern part of the country, especially in terms of rent. Most expats prefer living in the south because it generally has better job prospects and higher salaries.
Cost of food in Cyprus
Groceries in Cyprus tend to be cheaper than in the UK, especially when it comes to fruit and meat. Beer and cigarettes also tend to be cheaper. If expats opt for small, local restaurants they will be able to save quite significantly and sample some of the fine cuisine on offer in Cyprus, which is a cosmopolitan blend of Greek, European and Middle Eastern cooking.
Cost of transportation in Cyprus
Cyprus doesn’t have a well-established rail network, however, buses are very much available at reasonably low prices. The downside is limited routes. Most expats prefer driving as it is the most convenient option.
In terms of numbers, for a one-way ticket, you will fork out €1.50 compared to the UK’s €2.70. If you’re driving, a litre of gasoline costs €1.25 compared to an average in the UK of €1.35. Generally speaking, transportation is much cheaper in Cyprus.
Cost of living in Cyprus chart
Prices may vary depending on product and service provider. The list below shows average prices for June 2019.
|Accommodation (monthly rent)|
|Furnished two-bedroom house||EUR 720|
|Unfurnished two-bedroom house||EUR 630|
|Furnished two-bedroom apartment||EUR 690|
|Unfurnished two-bedroom apartment||EUR 605|
|Dozen eggs||EUR 2.50|
|Milk (1 litre)||EUR 1.35|
|Rice (1kg)||EUR 1.60|
|Loaf of white bread||EUR 1.40|
|Chicken breasts (1kg)||EUR 7.50|
|Pack of cigarettes (Marlboro)||EUR 4.70|
|Big Mac meal||EUR 6|
|Coca-Cola (330ml)||EUR 1.45|
|Bottle of beer (local)||EUR 3|
|Three-course meal at a mid-range restaurant||EUR 40|
|Mobile call rate (per minute – mobile to mobile)||EUR 0.16|
|Internet (uncapped ADSL or cable – average per month)||EUR 42|
|Basic utilities (average per month for standard household)||EUR 128|
|Taxi rate/km||EUR 1.25|
|Bus fare in the city centre||EUR 1.50|
|Petrol/gasoline (litre)||EUR 1.25|