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Calculate Your Finances in Nicosia

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EUR/month

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Cost of Living in Nicosia, Cyprus

Capital and business center. Growing financial services hub, lower rents than coastal cities, hot summers.

Currency
EUR (€)
English Level
Good
Healthcare
GESY (Public NHS)

Rental Prices in Nicosia

1-Bedroom Apartment
€550 - €1,100
per month
2-Bedroom Apartment
€750 - €1,550
per month

* Prices shown are second-hand rental market rates, typical for expats.4 neighborhoods tracked. Source: Official government housing statistics.

Monthly Living Costs

Groceries
€350
Transport
€50
Utilities
€185
Dining Out
€200

Utility costs based on Eurostat Energy Statistics.

Popular Neighborhoods

Old Town
Walled historic center. Mix of Greek and Turkish heritage. Ledra Street, cafes, galleries.
0 min walk•€650+/mo
Engomi
Upscale suburb with embassies. International schools, malls, modern infrastructure.
15 min car•€750+/mo
Strovolos
Largest suburb. Mix of residential and commercial. Mall of Cyprus, university.
12 min bus•€600+/mo
Lakatamia
Affordable western suburb. Growing area, local feel, good for families. More spacious.
18 min bus•€550+/mo

Work Visa

Employment permit required. Digital Nomad Visa available (1 year, renewable).

Processing: 1-2 months

Relocation Costs

Usually 1-2 months deposit. Agent fee often 1 month. Furnished options available.

Typical deposit: 2 months rent

Enter your salary above to see a personalized breakdown of your finances in Nicosia

Our calculator shows net income after taxes, affordable neighborhoods, and savings potential

Data last updated: January 2026•View methodology

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Guides for Nicosia

  • Moving Abroad Checklist: Everything You Need to DoThe complete checklist for relocating internationally - from 6 months before to your first week abroad. Documents, finances, housing, and more.
    Planning14 min read
View all guides →

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Frequently Asked Questions about Nicosia

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Updated Jan 2026

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© 2026 AffordWhere. Estimates only, not financial advice.

2026 tax rules • Jan 2026 rent data