Paphos ranked most affordable city in Cyprus

27/02/2020

A recent survey points out the comparative costs of living between four of Cyprus’ largest cities: Nicosia, Limassol, Larnaca and Paphos.  Taking into account several necessary expenses one needs to live from day to day, the survey includes, amongst others, the costs of dining out, supermarkets, monthly expenses, sports and leisure, renting and buying property, tuition fees (public and private), for a family of four.

 

Conclusions:

• With rent included, a family of four in Limassol needs an average of €3,207.53 per month to maintain the same standard of living as someone who spends €2,900 per month (inclusive of rent) in Nicosia.

• With rent included, one needs approximately €2,660.71 per month to acquire the same quality of life, as one would enjoy with €2,500.00 per month in Paphos.

• Overall, the cheapest city to live in Cyprus is Paphos, with the most expensive being Limassol largely due to the high costs of rent and housing. Nicosia is in second place, with Larnaca following directly after in third.

• The cheapest city to purchase property is in Larnaca, whereas Paphos is favourable for its affordable rental prices.

• The cheapest city in terms of dining out and supermarkets is Paphos.

Source: IN Business News / NUMBEO

 

Restaurants

Meal at a Restaurant

Nicosia €13.00

Limassol €15.00

Larnaca €12.00
Paphos € 8.50


Three course meal for 2 adults

Nicosia €45.00
Limassol €50.00
Larnaca €35.00
Paphos €37.50


Local Beer
Nicosia €3.50
Limassol €3.50
Larnaca €3.00
Paphos €2.00


Imported Beer
Nicosia €4.00
Limassol €4.00
Larnaca €4.75
Paphos €3.50


Cappuccino

Nicosia €3.02

Limassol €2.97
Larnaca €3.03
Paphos €2.88


Refreshments
Nicosia €1.35
Limassol €1.29
Larnaca €1.58
Paphos €1.37


Mineral Water (Small Bottle)
Nicosia €0.52
Limassol €0.64
Larnaca €0.61
Paphos €0.60


Clothing and Footwear

Jeans (Levis 501 or similar)
Nicosia €72.14
Limassol €75.00
Larnaca €95.00
Paphos €67.50


Summer Dress (Zara and H&M)
Nicosia €39.72
Limassol €38.75
Larnaca €36.67
Paphos €32.86


Sports Shoes

Nicosia €72.27

Limassol €71.92
Larnaca €72.00
Paphos €71.88


Leather Shoes (Men’s)

Nicosia €95.71
Limassol €97.00
Larnaca €70.00
Paphos €79.17

 

Property Rentals Prices (Monthly)


1 Bedroom Apartment (Town Centre)
Nicosia €515.93
Limassol €777.35
Larnaca €480.00
Paphos €397.86

 

1 Bedroom Apartment (Suburbs)
Nicosia €435.48
Limassol €640.91
Larnaca €377.50
Paphos €317.86


3 Bedroom Apartment (Town Centre)

Nicosia €870.69
Limassol €1,392.86
Larnaca €377.50
Paphos €317.86

3 Bedroom Apartment (Suburbs)
Nicosia €725.62
Limassol €1,100.00
Larnaca €678.25
Paphos €558.93


 

 

Supermarkets

Milk (1 Litre)

Nicosia €1.41
Limassol €1.38
Larnaca €1.54
Paphos €1.28


Bread (500gr)

Nicosia €1.73
Limassol €1.51
Larnaca €1.76
Paphos €1.11

Rice (1kg)
Nicosia €1.90
Limassol €1.54
Larnaca €1.18
Paphos €1.30

Eggs (Dozen)
Nicosia €2.90
Limassol €2.87
Larnaca €2.30
Paphos €2.33


Halloumi Cheese (1kg)

Nicosia €9.50
Limassol €8.57
Larnaca €7.00
Paphos €7.50


Chicken Fillet (per kg)

Nicosia €6.50
Limassol €7.53
Larnaca €6.33
Paphos €6.33

 

Apples (per kg)
Nicosia €2.19
Limassol €1.95
Larnaca €1.40
Paphos €1.95


Bananas (per kg)
Nicosia €1.39
Limassol €1.53
Larnaca €1.35
Paphos €1.15

 

Oranges (per kg)
Nicosia €1.42
Limassol €1.25
Larnaca €1.10
Paphos €0.87


Tomatoes (per kg)
Nicosia €1.96
Limassol €1.97
Larnaca €2.00
Paphos €2.28

Potatoes (per kg)
Nicosia €0.64
Limassol €0.80
Larnaca €1.17
Paphos €0.93


Onions (per kg)
Nicosia €0.58
Limassol €0.82
Larnaca €0.90
Paphos €0.87

Lettuce (per kg)
Nicosia €0.40
Limassol €0.48
Larnaca €0.30
Paphos €0.36


Mineral Water (1,5 Litre)

Nicosia €0.86
Limassol €0.66
Larnaca €0.80
Paphos €0.62


Wine (Bottle)
Nicosia €8.00
Limassol €6.00
Larnaca €4.12
Paphos €5.00

Local Beer
Nicosia €1.25
Limassol €1.14
Larnaca €1.00
Paphos €1.05


Imported Beer
Nicosia €2.47
Limassol €1.94
Larnaca €2.25
Paphos €1.52

Cigarettes
Nicosia €4.80
Limassol €4.70

Larnaca €4.90
Paphos €4.80

 

 

 

Monthly Household Expenses

Electricty / Heating / Water / Refuse

Nicosia €114.99
Limassol €136.40
Larnaca €137.73
Paphos €103.75


Internet (60 Mbps or more)
Nicosia €34.96
Limassol €39.63
Larnaca €38.17
Paphos €48.36

 

Sports and Leisure


Gym Membership (Monthly)
Nicosia €51.67
Limassol €57.80
Larnaca €47.96
Paphos €45.62

 

Tennis Court Rental
Nicosia €27.50
Limassol €18.60
Larnaca €11.67
Paphos €10.00


Cinema

Nicosia €9.00
Limassol €9.00
Larnaca €9.00
Paphos €9.50

 

Tuition Fees (Children)


Kindergarten (Monthly)
Nicosia €319.00
Limassol €357.14
Larnaca €235.00
Paphos €245.00


Private School (Annually)
Nicosia €6,045
Limassol €5,681
Larnaca €3,900
Paphos €6,766

 

Property Purchase Prices per Sq.m

Town Centre
Nicosia €1,654.55
Limassol €2,705.88
Larnaca €1,300.00
Paphos €1,600.00


Suburban

Nicosia €1,358.33

Limassol €1,961.11
Larnaca €1,000.00
Paphos €1,333.33

 

 


 


 

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