Cost #15/31 · Cost of living · Europe · Eurostat PLI 2024

🇨🇾 Cost of living in Cyprus

Cyprus tracks close to the EU-27 average across rent, groceries and transport - see the categories where it diverges and how far local income actually stretches.

Cost rank · cheapest = #1 of 31
#15
Affordability rank · highest purchasing power = #1 of 29
#14

Cyprus's livability score

C-

Livability score

53/100

Cyprus, weighted across 8 of 8 tracked dimensions

A cost-and-income composite (price-level indices plus purchasing power), not an overall quality-of-life judgment, it does not weigh climate, safety, culture, or healthcare outcomes.

  • Purchasing power C €22,066

    Median net income adjusted for local cost level

  • Overall cost C- 95

    Eurostat overall price level (EU27=100)

  • Rent C- 92

    Housing / rent price level (EU27=100)

  • Groceries C- 105

    Food and non-alcoholic beverages (EU27=100)

  • Healthcare D 100

    Healthcare price level (EU27=100)

  • Transport C+ 88

    Transport price level (EU27=100)

  • Utilities F 108

    Electricity / gas / water (EU27=100)

  • Restaurants B- 89

    Restaurants and hotels (EU27=100)

Cyprus: quiet 2024 Eurostat pass

Overall cost index barely moved (0.0) vs 2023 - a near-flat European release print.

  • Utilities index 119 108 2023 → 2024

    Utilities index fell from 119 to 108 between the 2023 and 2024 Eurostat releases.

  • Housing & utilities index 94 92 2023 → 2024

    Housing & utilities index fell from 94 to 92 between the 2023 and 2024 Eurostat releases.

  • Healthcare index 98 100 2023 → 2024

    Healthcare index rose from 98 to 100 between the 2023 and 2024 Eurostat releases.

  • Groceries index 104 105 2023 → 2024

    Groceries index rose from 104 to 105 between the 2023 and 2024 Eurostat releases.

Cyprus in the 85-99 cost band

On the EU-27 = 100 scale, Cyprus's overall index (95) sits in the 85-99 band with 6 other published countries. The Europe-wide band mix lives on the rankings hub, not repeated here.

Cost index
95
EU-27 = 100
Housing & utilities
92
EU-27 = 100
Median net income
€22,066
per year
Cost-adjusted income
€23,203
real purchasing power

Category mix inside Cyprus's mid EU band

Bars + gauge around the EU-27 = 100 mid band (95): where Cyprus diverges inside an average-looking total.

Cyprus - price level by category (EU-27 = 100)

Housing & utilities92Groceries105Transport88Healthcare100Utilities108Restaurants89

🇨🇾 Cyprus vs EU-27 = 100

Gauge reads the same overall cost_index (95); the tick marks the EU average.

0125EU-27 avg10095
95 index · 5% below EU-27 average

In Cyprus, utilities is the most expensive category and transport the least.

What the mid-band Cyprus print actually shows

Cyprus's overall consumer price level is 5% below the EU-27 average. (How this index is built →)

Utilities lead the cost table in Cyprus at index 108, ahead of transport at index 88 - heating, power and water outpace every other category here.

Prices in Cyprus sit close to the EU average, so the headline income of €22,066 and its EU-27-adjusted equivalent of €23,203 are within a similar range.

Eurostat PLI Basket · similar price levels and purchasing power

Two peer sets for Cyprus: nearest overall price-level indices (EU-27 = 100) and nearest cost-adjusted incomes (median net income ÷ cost index). The cost band block above stays cohort-based; these neighborhoods vary by entity.

Similar overall cost index

Nearest countries by Eurostat price level (95 here, EU-27 = 100).

PLI neighbourhood · Cyprus

Cyprus95Estonia97Malta93Italy98Slovenia91
Eurostat prc_ppp_ind - peer set varies by this country's overall index.

Similar purchasing power

Nearest countries by cost-adjusted income (€23,203 here).

What to do with this Cyprus data

Cyprus ranks #14 of 29 for cost-adjusted purchasing power. A raw price index alone does not tell you whether income stretches further here than elsewhere.

These are Eurostat comparative price-level averages for the whole country, not a personal budget. Regional and city-level costs can differ substantially from the national figure.

Frequently Asked Questions

Is Cyprus expensive to live in?

Cyprus's overall cost of living is 5% below the EU-27 average (index 95). Utilities is the priciest category and transport the cheapest.

What are housing & utilities costs in Cyprus?

Cyprus's housing & utilities price index is 92, below the EU norm.

How does income compare to costs in Cyprus?

Prices in Cyprus sit close to the EU average, so the headline income of €22,066 and its EU-27-adjusted equivalent of €23,203 are within a similar range.

Data sourced from Eurostat comparative price levels (prc_ppp_ind) and Eurostat median equivalised net income (ilc_di03), 2024. Price-level indices, EU-27 = 100. See our methodology for details.

Disclaimer: Eurostat averages for comparison only, not personal financial advice. Regional and city-level costs can differ substantially from the national figure.

PlainCostOfLiving is rendered directly from Eurostat comparative price levels and median equivalised net income, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-20. Primary sources: Eurostat comparative price levels (prc_ppp_ind) and Eurostat median equivalised net income (ilc_di03).