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The Cost of Living in Cyprus - A short run-down of prices

Despite boasting a similar standard of life to the UK, the cost of living in Cyprus is actually around 30% lower than it is in Britain (and the weather's better too).
*Click here

Food & Drink Prices in Cyprus

Traditional Cypriot Tavern in the village of Oroklini near Larnaca

RESTAURANTS: Generally speaking, restaurants are a lot cheaper in Cyprus than they are in the UK. Using 'Pizza Express' as an example, we found that the Cypriot 'Pizza Express' restaurant menu is around 23% cheaper than its British equivalent.

Unlike some other Mediterranean destinations, Cyprus boasts a wide range of different international cuisine, all at very favourable prices.

FOOD & DRINK: On the subject of alcohol, Cyprus offers local and imported beers from about €2.00 per pint, a wide range of wines from around €3.30 per bottle and even a good quality bottle of local brandy from as little as €5.99

In a typical supermarket, you can expect to pay around €1.21 per pint (bottle) for Cyprus beer Keo/Carlsberg and around €3.20 to €3.50 for Cypriot wine (Aphrodite, Othello, Thisby etc.).

But of course, as with any other destination in the world, if you visit Cyprus' typically touristy places, you will pay substantially more.

With regards to food, Cyprus offers an excellent variety of fresh and inexpensive fruit, vegetables, meat and fish.

Tobacco, Clothing & Electricals

TOBACCO: is very inexpensive in Cyprus compared to the UK. Local cigarettes are available from around €2.50, imported cigarettes (Marlboro, Silk Cut, B&H, etc.) from approximately €3.40. Golden Virginia Rolling Tobacco sells for about €4.75 per 50g pouch.

CLOTHING: Clothing in Cyprus can be bought at very reasonable prices, because Cyprus is used as a manufacturing base by various UK clothing manufacturers.

ELECTRICAL APPLIANCES: For the last few years, a wide variety of domestic appliances with leading brand names are available at very competitive prices. For example, washing machines averaging at €270 and fridge freezers at €299.
One exception on the electrical appliance front are tumble dryers, which are comparatively expensive in Cyprus at around €290. But then, with an average 326 sunny days each year, they are not the most common appliance around.

Beach at Ayia Napa seen through the shrubs growing along the local hillsides

Click here for up to date information about the weather in Cyprus and to see what the climate is like all year round.
For information about the history of Cyprus, especially its time as a Crown colony and as an independent state, click here.

What about the day to day cost of living in Cyprus?

Aside from the fact that groceries (especially meat, fruit & vegetables) tend to be substantially cheaper than in the UK, the taxation aspect should also be considered in the overall cost of living in Cyprus.
In the UK one of the major expenses for any home owner is Council Tax, with the average annual bill now exceeding the £1,300 mark.
In Cyprus however, the equivalent charge is not nearly so dramatic, with 'council tax' weighing in at a staggering €120 to €140 per year, plus a 'refuse tax' of about another €170.

For many of us, income is another important consideration.
Did you know that Cyprus benefits from one of the most benevolent tax regimes in Europe?
More information on Cyprus tax matters can be found in our 'Useful Information' section.

  • If you're looking for a whole host of great reasons to buy a property in Cyprus for retirement, holiday or investment, click here.
  • Click here for more information about the major areas, provinces and towns of Cyprus.
  • More information about things to do in Cyprus, from bingo to bungee jumping and restaurants to rally schools, it is all here.
  • If this has whetted your appetite and you want to find out more about buying a beautiful home in Cyprus, be sure to contact us for more information on property developments, availability and prices in all areas of the Republic.

The cost of living in Cyprus is substantially lower than in the United Kindom

The weather aside for a moment, there has been some talk amongst British expatriates in the Republic of late complaining about the high cost of living in Cyprus.

Whilst it is true that, compared to 'minimum*' local wages, living in Cyprus is actually only slightly cheaper than it is in the UK, most expatriates discussing the issue fail to mention that they happen to be considerably better off residing in Cyprus than in the United Kingdom.
Professionals moving to the island have little to fear, since specialists usually command above average wages in the Republic.

*By minimum wages, we really do mean minimum wages.

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Cash-Back Payment Offer

Let's face it for a moment; overseas property agencies are earning far greater percentages of commission than their UK counterparts.
This is why we have decided to introduce a cash-back' payment equivalent to 1.5% of the property purchase value (excluding VAT) for every client buying a property in Cyprus through Aphrodite Property Sales.

Cyprus Travel Information

Anyone who has ever been to the island will know that the roads in Cyprus are somewhat different than in Britain; there is not so much rain for starters. Volume of traffic (or rather the lack of it) makes driving in Cyprus a lot less stressful than in other European countries.
Visit our Cyprus Travel Information section to find out more about how to get around the island.

Tersefanou Golf Course

A few short miles from Larnaca town and the international airport, nestled into the rolling hill running down to the clear, blue waters of the Mediterranean Sea, can be foud the site for the forthcoming Tersefanou Golf Course and leisure complex; an ambitious new project, designed not only to boost the local infrastructure, but also to put golf in Cyprus firmly onto the international map.

Disclaimer. The prices quoted on the properties featured in this website are displayed as guidelines only. They constitute neither an offer nor contract, nor part of same. E&OE

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