Cost of Living in Nicosia, Cyprus

Cost of Living in Nicosia, Cyprus

Cyprus · Europe

$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

Quality Indices

Quality of Life
74
Purchasing Power
66
Safety
74
Healthcare
74
Climate
84
Traffic & Commute
55

Currency

EURPrices shown in USD

Data collected from contributors and public sources.

Updated Monthly

Prices are indicative.

ItemPrice (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
ItemPrice (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
ItemPrice (USD)
1-way Ticket (local)$1.5
Monthly Pass$40
Taxi 1km$1.5
Gasoline (1L)$1.6
Volkswagen Golf$26000
Toyota Corolla$21000
ItemPrice (USD)
Basic (85m² apt)$160
Mobile Plan$18
Internet (60 Mbps)$35
Fitness Club/month$40
ItemPrice (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
ItemPrice (USD)
Average Net Salary$1800
Mortgage Interest Rate3.5%

View Cost of Living in Cyprus

Cost of Living in Nicosia — Complete Guide (2026)

Monthly Budget Overview

The average cost of living in Nicosia, Cyprus is approximately $2,000 per month for a single person. This includes rent, groceries, local transport, and utilities. Compared to New York City (index 100), Nicosia has a cost index of 62, making it around 38% more affordable.

Rent and Housing

Renting a one-bedroom apartment outside the city center in Nicosia costs around $580/month, while a one-bedroom in the center is approximately $850/month. A three-bedroom apartment in the center averages $1,800/month. The rent index is 56 compared to New York City.

Quality of Life and Safety

Nicosia scores 74/100 on the quality of life index and 74/100 on safety. Healthcare is rated 74/100. The climate index is 84/100. These scores are based on factors including infrastructure, pollution levels, healthcare access, and crime rates reported by residents and contributors.

Salaries and Purchasing Power

The average net salary in Nicosia is approximately $1,800/month. With a purchasing power index of 66/100, residents can cover basic expenses and save modestly. The local currency is EUR, though all prices on this page are displayed in USD for easy international comparison.

Cost of Living vs Salary in Nicosia

The average monthly salary in Nicosia is approximately $1,800. Compared with the average monthly living cost of $2,000, residents generally enjoy a purchasing power score of 66/100.

Healthcare Costs in Nicosia

Healthcare quality in Nicosia is rated 74/100. Medical expenses vary depending on insurance coverage and healthcare providers, but overall healthcare access remains an important factor when evaluating the total cost of living.

Quality of Life in Nicosia

Nicosia has a quality of life score of 74/100, supported by factors such as healthcare, safety, climate, purchasing power, infrastructure, and public services.

Cost of Living for Students in Nicosia

Students living in Nicosia should budget for accommodation, food, transportation, internet, and study-related expenses. Shared housing and student discounts can significantly reduce monthly costs.

Cost of Living for Expats in Nicosia

Expats moving to Nicosia often consider rent, healthcare, transportation, taxation, and lifestyle costs. Worldlivingcost data helps compare living expenses with other cities worldwide before relocation.

Quick Answer

The average cost of living in Nicosia, Cyprus is approximately $2,000 per month for a single person including rent, groceries, transportation, utilities and healthcare. The city's cost index is 62 compared with New York City (100).

Living in Nicosia

Living in Nicosia offers a balance between housing costs, transportation expenses, healthcare access and overall quality of life. The city has a cost of living index of 62 and a quality of life score of 74/100. Residents spend most of their monthly budget on housing, groceries and transportation, while local salaries average $1,800 per month. For expats, students, remote workers and families, Nicosia provides a useful benchmark when comparing living costs with other cities in Cyprus and around the world.

Key Facts About Nicosia

  • Average Monthly Cost: $2,000
  • Cost Index: 62
  • Rent Index: 56
  • Average Salary: $1,800
  • Quality of Life: 74/100
  • Safety Score: 74/100
  • Country: Cyprus
  • Currency: EUR

Is Nicosia Expensive?

Nicosia has a cost index of 62 compared with New York City's benchmark score of 100. This means it is more affordable than many major international cities.

How does Nicosia compare to other cities?

Nicosia is located in Europe with a population of approximately 0.3M. At a cost index of 62 (NYC = 100), it is a moderately affordable city, offering good value compared to most Western cities. Use the free comparison tool to see how Nicosia stacks up against any other city worldwide across rent, groceries, transport, and salaries.

Frequently Asked Questions

What is the cost of living in Nicosia?

The average cost of living in Nicosia, Cyprus is approximately $2,000 per month for a single person, including rent, food, transportation, and utilities. The cost index is 62 relative to New York City (NYC = 100).

How much does rent cost in Nicosia?

Rent in Nicosia varies by neighborhood and apartment size. The rent index is 56 (NYC=100). Use Worldlivingcost's city comparison tool to see detailed rent prices for Nicosia alongside other cities worldwide.

Is Nicosia expensive to live in?

Nicosia has a cost index of 62 compared to New York City (100). At 62, Nicosia is moderately priced and more affordable than most Western cities. The average monthly budget for a single person is around $2,000.

What is the quality of life in Nicosia?

Nicosia has a quality of life index of 74/100 and a safety index of 74/100. The city is located in Europe and offers a good quality of life rating based on factors including safety, healthcare, climate, and infrastructure.

How does the cost of living in Nicosia compare to other cities?

Use Worldlivingcost's free comparison tool to compare Nicosia with any city worldwide. Nicosia's cost index is 62 (NYC=100), making it cheaper than New York. Compare rent, groceries, transport, healthcare, and salaries side by side.

Can you live comfortably in Nicosia?

Many residents live comfortably in Nicosia with a monthly budget of around $2,000 depending on lifestyle and housing choices.

Is Nicosia good for expats?

Nicosia is popular among expats due to its job opportunities, quality of life, and infrastructure.

What salary is needed in Nicosia?

A salary above the average monthly living cost of $2,000 is generally sufficient for a comfortable lifestyle in Nicosia.

Is Nicosia cheaper than New York?

Yes, Nicosia has a cost index of 62 compared with New York City's benchmark index of 100.

What are the biggest expenses in Nicosia?

Housing, rent, groceries, transportation, and healthcare are typically the largest monthly expenses in Nicosia.

Best Time & Tips to Save Money in Nicosia

Cheapest Ways to Live in Nicosia

Newcomers looking to reduce their monthly budget in Nicosia typically save the most on housing by choosing accommodation outside the city center, where rent runs close to $580/month compared to $850/month in the center. Cooking at home instead of dining out, using public transport instead of taxis, and sharing an apartment with roommates are the most effective ways to cut living expenses in Nicosia, Cyprus.

Is Nicosia Worth Moving To?

With a purchasing power index of 66/100 and a quality of life score of 74/100, Nicosia is considered a highly desirable relocation destination with strong infrastructure and services. Combined with a cost index of 62 relative to New York City, Nicosia remains a popular search term among people comparing the cost of living Cyprus has to offer against other destinations in Europe.

Nicosia Cost of Living FAQ Summary

People searching for "cost of living in Nicosia", "Nicosia monthly expenses 2026", and "is Nicosia affordable" can use this page as a complete reference. With an average monthly cost of $2,000, a safety score of 74/100, and healthcare rated 74/100, Nicosia offers a data-backed answer for expats, digital nomads, students, and families planning a move to Cyprus.

Last reviewed: 7/15/2026