Europe · Nicosia
Cost of living in Cyprus
Cyprus is 38% cheaper than the US, ranking #57 of 203 countries we cover for cost of living.
World Bank data through 2024 · last reviewed 2026-06.
What drives the cost here
Price levels by category, where the world average = 100. Above 100 is pricier than the global norm; below it is cheaper.
In Cyprus, communication is the priciest category relative to the world (131), while health is the most affordable (110).
Category price levels: World Bank ICP 2021 (world average = 100) · source
What your money is worth here
A $100,000 US lifestyle would cost roughly $62,500 in Cyprus.
Quality of life
95/100 · #36 of 198Beyond cost — health, safety, and connectivity. The score is a transparent, equal-weight composite of the verified metrics below (see methodology).
About Cyprus
A former British colony, Cyprus became independent in 1960 after years of resistance to British rule. Tensions between the Greek Cypriot majority and Turkish Cypriot minority came to a head in December 1963, when violence broke out in the capital of Nicosia. Despite the deployment of UN peacekeepers in 1964, sporadic intercommunal violence continued and forced most Turkish Cypriots into enclaves throughout the island. In 1974, a Greek Government-sponsored attempt to overthrow the elected president of Cyprus was met by military intervention from Turkey, which soon controlled more than a third of the island.
Read the full background
In 1983, the Turkish Cypriot administered area declared itself the "Turkish Republic of Northern Cyprus" (TRNC), but it is recognized only by Turkey. A UN-mediated agreement to reunite Cyprus, the Annan Plan, failed to win approval from both communities in 2004. The most recent round of reunification negotiations was suspended in 2017 after failure to achieve a breakthrough. The entire island joined the EU in 2004, although the EU acquis -- the body of common rights and obligations -- applies only to the areas under the internationally recognized government and is suspended in the TRNC. However, individual Turkish Cypriots able to document their eligibility for Republic of Cyprus citizenship have the same legal rights accorded to citizens of other EU states.
Background from the CIA World Factbook (public domain), archived 2026-06-03.
Frequently asked
Is Cyprus expensive to live in?
Cyprus is 38% cheaper than the US, ranking #57 of the 203 countries we track. Its most expensive category relative to the world is communication; health costs the least.
How much money do you need to live in Cyprus?
A lifestyle that costs $100,000 in the United States would cost roughly $62,500 in Cyprus, going by overall price levels. The salary translator turns your own figure into a local equivalent.
Is Cyprus cheaper than the United States?
Yes. Its overall price level is 62.3, against 100 for the United States.
What is the quality of life in Cyprus?
Cyprus scores 95 out of 100 on our quality-of-life index (#36 of 198), a composite of life expectancy, safety, health, and connectivity, with life expectancy around 82 years.
Every number, sourced.
We cite the exact source and year for each figure. Derived values are computed at build time, never hand-entered.
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