The cost of living in Cyprus varies depending on the location and lifestyle, but on average, it could range between €800 to €1500 per month.
So let us investigate more
According to my research, the cost of living in Cyprus varies depending on several factors such as the location, lifestyle, accommodation type, and personal preferences. However, on average, it could range from €800 to €1500 per month for a single person, and upwards of €2500 per month for a family of four.
To break it down further, the costs of some essentials in Cyprus are as follows:
-
Accommodation: a one-bedroom apartment can cost between €400 to €800 per month, while a three-bedroom apartment can cost up to €1600 per month.
-
Transportation: a monthly bus pass costs around €40, while taxi fares start at €3.50.
-
Food: a mid-range restaurant meal for two people could cost around €40, while groceries for a week could cost around €50-€80.
-
Utilities: the costs of electricity, water, and heating can vary depending on the season, but on average, it could cost around €150 per month.
-
Healthcare: public healthcare is free for EU citizens, but private healthcare costs can vary.
It is worth noting that the cost of living may be lower in rural areas compared to urban areas, and that the lifestyle choices of each individual can also affect their monthly expenses.
In the words of travel website, Expatica, “Cyprus may not be the cheapest place to live in Europe, but if you shop around, avoid tourist traps, and adapt to the local lifestyle, it is still possible to enjoy a high standard of living on a lower budget.”
Here is a table summarizing the estimated monthly costs of living in Cyprus for a single person:
| Expense | Estimated Monthly Cost |
|---|---|
| Accommodation | €400 – €800 |
| Transportation | €40 |
| Food | €100 – €150 |
| Utilities | €150 |
| Healthcare | Varies |
In conclusion, the cost of living in Cyprus may vary greatly depending on the individual’s circumstances, but the average monthly expenses for a single person range from €800 to €1500. While it may not be the cheapest place to live in Europe, it is possible to enjoy a fulfilling life on a budget. As the Greek philosopher, Epictetus, famously said, “Wealth consists not in having great possessions, but in having few wants.”
Other responses to your question
Cost of Living In Cyprus: The Average monthly cost of living, including rent, utilities, food, and transportation, ranges from $1,120 – $4,410 (€1,026 – €3,708) Per Month. A studio apartment in the city can cost as low as $500 per month, while a one-bedroom apartment can range from $700 to $1,500 per month.
Summary of cost of living in Cyprus:
- A family of four estimated monthly costs are 2,960.7$ (2,736.7€) without rent.
- A single person estimated monthly costs are 850.9$ (786.5€) without rent.
Here are some quick facts about the cost of living in Cyprus:
- Here’s a breakdown of some key expenses: Total Monthly Living Costs in Cyprus, Is $1,120 – $4,410 (€1,026 – €3,708) Per Month.
The cost of living in Cyprus is $1188, which is 1.61 times more expensive than the world average. Cyprus ranked 40th out of 197 countries by cost of living and the 32nd best country to live in. The average salary after taxes in Cyprus is $1353, which is enough to cover living expenses for 1.1 months.
Response via video
I’m sorry, could you please provide me with another section of the video to summarize?
You will most likely be interested in these things as well
Hereof, How much money do you need to live comfortably in Cyprus?
Answer will be: A family of 2 people in Cyprus should count on a budget of 1700-1850€ per month.
Can Americans live in Cyprus?
Answer to this: If you wish to obtain permanent residency in Cyprus and you are willing to invest in the country, you may apply for a permanent residence permit (Category F) through the standard procedure. This scheme leads you to permanent residence in 1 year. To be eligible, you must purchase or rent a property in Cyprus.
Consequently, How much does it cost to live in Cyprus in dollars?
In reply to that: A family of four estimated monthly costs are 3,100.9$ (2,840.6€) without rent. A single person estimated monthly costs are 889.2$ (814.6€) without rent. Cost of living in Cyprus is, on average, 20.8% lower than in United States. Rent in Cyprus is, on average, 39.1% lower than in United States.
Similar
Regarding this, Is Cyprus affordable to live? Overall, the cost of living in Cyprus is comparable to European countries such as Hungary and Bulgaria. Limassol is the most expensive city on the island, ranking 165th out of 227 cities worldwide assessed for the 2023 Mercer Cost of Living Survey.
Also question is, What is the cost of living in Cyprus? Overall, the cost of living in Cyprus is comparable to European countries such as Poland, Hungary and Romania. Limassol is the most expensive city on the island, ranking 165th out of 227 cities worldwide assessed for the 2022 Mercer Cost of Living Survey. That said, it is still more affordable than many other cities in Europe.
Likewise, Why should you rent a house in Cyprus?
Answer will be: Whether you decide to live with your family in a spacious three bedroom apartment, have a shared living space with your friends, or rent a one bedroom studio, the cost of house rent in Cyprus is arguably one of the best benefits of living in the Republic.
Moreover, Are expats living in Cyprus a good place to live? The reply will be: Expats living in Cyprus on both sides frequently go to and fro and think nothing of it. Once you’ve done it, you’ll realise it’s very easy. Shopping and entertainment options are more abundant and sophisticated in the South, while nature and major historic sites are more impressive in the North.
Besides, How much does healthcare cost in Cyprus?
The good thing about Cyprus’ healthcare system is that it gives each resident a number of free GP visits every year. If you use all of these up, you can expect to pay around £13 for every additional GP appointment. You can get emergency-only healthcare if you have a European Health Insurance Card (EHIC) and are only in Cyprus temporarily.
Correspondingly, How much money do you need to live in Cyprus?
Answer will be: You need somewhere around 1200 Euros per month to live comfortably in Cyprus. You can rent a room in a nice apartment, eat 3 times a day, have a better internet connection, and pay for water and electricity bills with that much money.
Secondly, How much does a meal cost in Cyprus? 1-time meal for 1 person costs around 8 Euro to 15 Euro in Cyprus. Meal cost in Cyprus depends upon your spending habits. For some people, 5 Euro is also enough, but for some 15 Euro isn’t enough. So, it totally depends on you. Breakfast prices are usually a little cheaper than lunch or dinner.
Keeping this in consideration, Is Cyprus a good place to live?
But Cyprus also has a more cosmopolitan side, particularly in its major cities – where good work opportunities, excellent education and healthcare go along with the laid-back lifestyle. If you’re considering a temporary or permanent move to Cyprus, or of retiring or studying there, it’s useful to know about the cost of living in Cyprus.
Consequently, Why should you rent a house in Cyprus?
Answer will be: Whether you decide to live with your family in a spacious three bedroom apartment, have a shared living space with your friends, or rent a one bedroom studio, the cost of house rent in Cyprus is arguably one of the best benefits of living in the Republic.