Cost of Living in Nicosia, Cyprus
Cyprus · Europe
Cost of Living in Nicosia: Quick Answer
The average cost of living in Nicosia, Cyprus is approximately $2,000 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 62, using New York City as the 100-point benchmark.
$2,000
Monthly Cost
avg/person
62
Cost Index
NYC = 100
56
Rent Index
NYC = 100
74
Quality of Life
Good
74
Safety Index
Good
0.3M
Population
EUR
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $12 |
| Meal for 2 (mid-range) | $45 |
| McMeal at McDonald's | $8 |
| Domestic Beer (0.5L) | $3.5 |
| Imported Beer (0.33L) | $4 |
| Cappuccino | $3 |
| Coke/Pepsi (0.33L) | $2 |
| Water (0.33L) | $1.5 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $1.2 |
| Bread (500g) | $1.3 |
| Rice (1kg) | $1.5 |
| Eggs (12) | $3 |
| Chicken (1kg) | $7 |
| Beef (1kg) | $11 |
| Apples (1kg) | $1.8 |
| Banana (1kg) | $1 |
| Tomato (1kg) | $1.8 |
| Potato (1kg) | $1 |
| Onion (1kg) | $0.9 |
| Water (1.5L) | $0.8 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $1.5 |
| Monthly Pass | $40 |
| Taxi 1km | $1.5 |
| Gasoline (1L) | $1.6 |
| Volkswagen Golf | $26000 |
| Toyota Corolla | $21000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $160 |
| Mobile Plan | $18 |
| Internet (60 Mbps) | $35 |
| Fitness Club/month | $40 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $850/mo |
| 1BR Outside | $580/mo |
| 3BR Center | $1,800/mo |
| 3BR Outside | $1,100/mo |
| Price/m² Center | $3,500/m² |
| Price/m² Outside | $2,200/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $1800 |
| Mortgage Interest Rate | 3.5% |
Cost of Living in Nicosia: Complete Guide
The cost of living in Nicosia, Cyprus, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $2,000. The city's cost of living index is 62, compared with a New York City benchmark of 100.
Monthly Expenses in Nicosia
A typical monthly budget in Nicosia includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Nicosia
A one-bedroom apartment outside the city center costs approximately $580 per month, while a one-bedroom apartment in the city center costs around $850. A three-bedroom apartment in the center averages $1,800 per month.
Average Salary in Nicosia
The average net salary in Nicosia is approximately $1,800 per month. Purchasing power is rated 66out of 100.
Is Nicosia Expensive to Live In?
With a cost of living index of 62,Nicosia is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Nicosia
Safety
Nicosia has a safety score of 74/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Nicosia is rated 74/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Nicosia is 84/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Nicosia has a purchasing power score of 66/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Nicosia
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Nicosia should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Nicosia fits their monthly budget.
Is Nicosia Affordable?
Affordability depends on income and housing choices. The cost index of 62provides a useful benchmark when comparing Nicosia with other cities.
Key Cost of Living Facts for Nicosia
- Average Monthly Cost
- $2,000
- Cost Index
- 62
- Rent Index
- 56
- Average Net Salary
- $1,800
- Quality of Life
- 74/100
- Safety
- 74/100
- Healthcare
- 74/100
- Currency
- EUR
Frequently Asked Questions About Nicosia
What is the cost of living in Nicosia?
The estimated cost of living in Nicosia, Cyprus, is approximately $2,000 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Nicosia?
A one-bedroom apartment outside the center costs approximately $580 per month, while a one-bedroom apartment in the center costs about $850.
Is Nicosia expensive to live in?
Nicosia has a cost index of 62 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Nicosia?
The average net salary in Nicosia is approximately $1,800 per month.
Is Nicosia good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Nicosia is suitable for relocation.