Expat Exchange
Nicosia, Cyprus

Cost of Living in Cyprus

By Joshua Wood, LPC

Last updated on Sep 14, 2022

Summary: What is the cost of living in Cyprus? Hear what expats, digital nomads and retirees living in Cyprus have to say about the cost of housing, health insurance and general living costs.

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William Russell Health Insurance
William Russell Health Insurance
William Russell Health Insurance

Is the cost of living in Cyprus high?

We asked people how much they someone comfortably live on in Cyprus, they wrote:

"This is not an easy question as we all have different levels of living. We live a comfortable live on State pensions and some savings. Our budget is approx €1500.00 PM," added another person living in Poli Chrystopiou.

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Will I save money living in Cyprus?

"The cost of living like most countries goes up all the time. However we find that it is very cheap to live here. The biggest expense is the cost of Electricity,," said another person in Poli Chrystopiou.

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What is the average cost of housing in Cyprus?

If you are thinking about moving to Cyprus, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The housing costs were slightly higher than Florida, but the housing market has changed drastically in the past 2 years. Right now in Cyprus, you could rent a 3-bedroom villa for 500 Euros a month," explained one expat living in Frenaros.

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About the Author

Joshua Wood Joshua 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.

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