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Cost of Living in Coral Bay, Cyprus

By Joshua Wood, LPC

Last updated on Jul 09, 2023

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

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Is the cost of living in Coral Bay high?

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

"The cost of living in Coral Bay is considered to be relatively moderate. Rent for a one-bedroom apartment in the city center can be quite affordable, while a similar apartment outside the city center is even less expensive. The cost of utilities such as electricity, heating, cooling, and water is also quite reasonable. Groceries in Coral Bay are priced fairly, with items such as bread, milk, eggs, fruits, and vegetables being quite affordable. Eating out at an inexpensive restaurant is also reasonably priced, while a three-course meal for two at a mid-range restaurant can be a bit more costly. Public transportation in Coral Bay is relatively cheap, and the cost of gasoline is also quite affordable. However, owning and maintaining a car can be a bit more expensive due to the cost of vehicle insurance and maintenance. Healthcare in Coral Bay is of good quality and is reasonably priced. Fitness club and sports activities are also quite affordable. In terms of leisure activities, the cost of a cinema ticket, theater performances, and other cultural activities are moderately priced. Overall, the cost of living in Coral Bay, Cyprus is quite affordable, especially when compared to other European destinations. However, it's important to note that these costs can vary depending on lifestyle and personal spending habits," explained one expat.

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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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