Expat Exchange
Free MembershipSign In

Cost of Living in Protaras

If you're moving to Protaras, understanding the the cost of living in Protaras helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.
|-

Cost of Living Protaras
Apartment Rentals Rent for a one-bedroom apartment in the city center averages €500-€700 per month, while a three-bedroom apartment averages €800-€1,000 per month. Rent for a one-bedroom apartment outside the city center averages €400-€600 per month, while a three-bedroom apartment averages €700-€900 per month.
Apartment Purchases The cost of purchasing an apartment in Protaras, Cyprus varies depending on the size and location. A one-bedroom apartment in the city center can cost anywhere from €50,000-€80,000, while a three-bedroom apartment can cost €100,000-€150,000. A one-bedroom apartment outside the city center can cost €40,000-€60,000, while a three-bedroom apartment can cost €80,000-€120,000.
Transportation Public transportation in Protaras, Cyprus is relatively inexpensive. A single bus ticket costs €1.50, while a monthly pass costs €30. Taxis are also available and the cost of a ride depends on the distance traveled. A taxi ride from the city center to the airport costs approximately €20.
Groceries The cost of groceries in Protaras, Cyprus is relatively low. A loaf of bread costs €1.50, a liter of milk costs €1.20, a dozen eggs costs €2.50, and a kilogram of apples costs €2.00. Prices may vary depending on the store and the season.
Restaurants The cost of eating out in Protaras, Cyprus varies depending on the type of restaurant. A meal at a fast food restaurant costs €7-€10, while a meal at a mid-range restaurant costs €15-€20. A meal at a high-end restaurant can cost €30-€50.
Utilities The cost of utilities in Protaras, Cyprus is relatively low. The average cost of electricity is €0.20 per kWh, while the average cost of water is €2.50 per cubic meter. The average cost of internet is €30 per month.
Private School Tuition The cost of private school tuition in Protaras, Cyprus varies depending on the school and the grade level. Preschool tuition averages €2,000-€3,000 per year, while elementary school tuition averages €3,000-€4,000 per year. Middle school tuition averages €4,000-€5,000 per year, while high school tuition averages €5,000-€6,000 per year.

Monthly Budget for Retirees in Protaras

“The cost of living in Protaras, is considered to be relatively moderate compared to other European destinations. Rent for a one-bedroom apartment in the city center can be quite affordable, while a similar apartment outside the city center is even cheaper. The cost of utilities such as electricity, heating, cooling, and water is also reasonable.When it comes to groceries, prices can vary. Items like bread, milk, and eggs are quite affordable, while imported goods and specialty items can be more expensive. Eating out at restaurants can range from inexpensive at local taverns to more costly at high-end establishments.Public transportation in Protaras is relatively cheap, but many residents choose to drive, and the cost of gasoline can add up. Health care is generally affordable, especially when compared to countries like the United States. However, private health insurance can be a significant expense.Overall, while the cost of living in Protaras is not the cheapest, it is quite reasonable, especially when considering the high quality of life and the beautiful surroundings,” said one expat living in Protaras.

Can I live in Protaras on $1,500 a month?

“I’ve been living in Protaras for a while now, and I can tell you that it’s possible to live comfortably on $1,500 a month, but you’ll have to make some sacrifices. First, you’ll need to find an affordable place to live. I recommend looking for apartments in neighborhoods like Pernera or Kapparis, as they tend to be more budget-friendly. You might have to settle for a smaller apartment or one that’s a bit older, but it’s definitely doable.On the other hand, you should avoid neighborhoods like Fig Tree Bay or the central tourist area, as they tend to be more expensive. When it comes to utilities, you’ll need to be mindful of your usage, especially with electricity, as it can be quite expensive here. Try to use energy-efficient appliances and be conscious of turning off lights and electronics when not in use.For groceries, I suggest shopping at local markets and discount supermarkets like Lidl or Metro, as they tend to have lower prices than the more upscale supermarkets. Eating out can also be quite affordable if you stick to local taverns and avoid the more touristy restaurants.As for transportation, owning a car can be expensive due to high fuel prices and maintenance costs. I recommend using public transportation, like buses, or even getting a bicycle to get around. It’s a great way to save money and stay active.In terms of entertainment, there are plenty of free or low-cost activities to enjoy in Protaras, like going to the beach, hiking, or exploring the local parks. You might have to cut back on more expensive activities like going to the movies or attending concerts, but there’s still plenty to do on a budget.Overall, living in Protaras on $1,500 a month is possible, but you’ll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, being conscious of your utility usage, and finding low-cost entertainment options, you can make it work and still enjoy a comfortable lifestyle,” commented an expat living in Protaras.

Can I live in Protaras on $3,500 a month?

“I’ve been living in Protaras for a while now, and I can tell you that it’s definitely possible to live comfortably on $3,000 a month, but you’ll have to make some sacrifices. The cost of living in Protaras is generally lower than in other European countries, but it’s still a popular tourist destination, so prices can be higher in certain areas.To make it work, you’ll have to be mindful of your spending, especially when it comes to housing. I’d recommend looking for an apartment in a more affordable neighborhood, like Paralimni or Kapparis. These areas are still close to the beach and have all the necessary amenities, but the rent is generally cheaper than in the heart of Protaras. You might also consider sharing an apartment with a roommate to cut down on costs.When it comes to transportation, owning a car can be quite expensive due to high fuel prices and maintenance costs. I’d suggest using public transportation or even getting a bicycle to get around. The bus system is quite reliable and affordable, and you can easily reach nearby towns like Ayia Napa and Larnaca.Eating out can also add up quickly, so I’d recommend cooking at home as much as possible. There are plenty of local markets where you can buy fresh produce and other groceries at reasonable prices. However, you can still enjoy the occasional meal out at more affordable restaurants or taverns that cater to locals rather than tourists.As for entertainment and leisure activities, there are plenty of free or low-cost options available. You can enjoy the beautiful beaches, go for hikes in the nearby national parks, or explore the many historical sites and museums in the area. Just be mindful of tourist traps and try to stick to activities that are popular with locals.In conclusion, living comfortably on $3,000 a month in Protaras is possible, but you’ll have to be smart about your spending and make some sacrifices. By choosing a more affordable neighborhood, using public transportation, cooking at home, and enjoying low-cost leisure activities, you can make it work and enjoy a great quality of life in this beautiful part of Cyprus,” said one expat living in Protaras.

Can I live in Protaras on $5,000 a month?

“I’ve been living in Protaras for a few years now, and I can tell you that it’s definitely possible to live comfortably on $5,000 a month, especially if you’re used to modern amenities. However, there might be a few sacrifices you’ll have to make to ensure you stay within your budget.Firstly, you’ll want to avoid the more expensive neighborhoods like Pernera and Kapparis, as the cost of living there can be quite high. Instead, consider looking for a place in more affordable areas like Paralimni or Ayia Napa. These neighborhoods still offer a good quality of life, with access to modern amenities, but at a more reasonable price.When it comes to transportation, owning a car can be quite expensive due to the high cost of petrol and maintenance. Instead, consider using public transportation or even renting a scooter to get around. This will not only save you money but also give you a chance to explore the beautiful island at a leisurely pace.Eating out can also be quite expensive in Protaras, especially if you’re dining at touristy spots. To save money, try cooking at home more often or eating at local taverns and restaurants, which tend to be more affordable. You can also shop at local markets for fresh produce and groceries, which will be cheaper than shopping at supermarkets.Another way to save money is by cutting back on entertainment expenses. While there are plenty of bars, clubs, and events in Protaras, these can quickly eat into your budget. Instead, consider spending more time at the beautiful beaches, hiking trails, and other natural attractions that Cyprus has to offer. These activities are not only more affordable but also a great way to stay active and healthy.In terms of healthcare, Cyprus has a public healthcare system that offers free or low-cost services to residents. However, the quality of care can vary, and wait times can be long. To ensure you have access to the best healthcare possible, you might want to consider purchasing private health insurance, which can be quite affordable compared to other countries.Overall, living in Protaras on a $5,000 a month budget is definitely doable, but you’ll need to be mindful of your spending and make a few sacrifices to ensure you stay within your means. By choosing a more affordable neighborhood, cutting back on transportation and entertainment expenses, and being smart about healthcare, you can enjoy a comfortable and fulfilling life in this beautiful island paradise,” commented an expat living in Protaras.

Joshua WoodJoshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Additional Information:

International Citizens Insurance

International Citizens Insurance
Get comparison quotes from our broker partner for Cigna, Allianz, IMG, GeoBlue and more.
GET QUOTES

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal

LoginJoinPlease Login to Continue. New? Join today (it's free).
Since 1997, we've supported millions of people as they explore the world and share the adventures and challenges of living abroad.