What is the cost of living in Nicosia?

The cost of living in Nicosia is 58.7% cheaper than New York City (index: 41.3). Groceries are 45.0% cheaper than NYC. Restaurants are 38.7% cheaper than NYC. A 1-bedroom apartment in the city centre costs approximately EUR 696 per month. Local purchasing power index is 90.9 (NYC = 100).

How much tax do you pay in Cyprus?

In Cyprus, a gross salary of EUR 50,000 per year results in approximately EUR 3,258 per month take-home pay after income tax and social contributions (effective rate: 21.8%). Use our Cyprus tax calculator for a personalised breakdown.

🇨🇾 Cyprus · #265 of 577 cities · 2026

Should I Move to Nicosia?

Q: Should I move to Nicosia?

Nicosia, Cyprus has a cost of living 58.7% cheaper than New York City (index: 41.3). It is ranked #265 out of 577 cities globally. Local purchasing power is strong (index: 90.9 vs NYC = 100). Workers in Cyprus earning EUR 50,000 gross take home approximately EUR 3,258/month after tax. Use our salary comparison calculator to see exactly how your take-home pay would change.

58.7% cheaper than NYC, and purchasing power is strong.

Run the calculator below with your actual salary to get a personalised answer.

-58.7%

vs NYC

EUR 696

1-BR, city centre

EUR 3,258

Net take-home

Strong

Purchasing Power

Cost index: Numbeo, blended with Expatistan and LivingCost where available (NYC = 100) · Data from October 2026

Personalised Answer

Compare your salary: move to Nicosia?

Example: EUR 50,000 gross/year in Cyprus → EUR 3,258/month net after tax (21.8% effective rate). Full Cyprus tax breakdown →

Cost breakdown: Nicosia

Cost indices vs NYC = 100

Cost of Living

41.3 Mid-priced

Rent

21.0 Very affordable

Groceries

55.0 Moderate

Restaurants

61.3 Moderate

Purchasing Power

90.9 Strong

Rent in Nicosia

1-BR, city centre EUR 696/mo

1-BR, outside centre EUR 618/mo

3-BR, city centre EUR 1,515/mo

3-BR, outside centre EUR 1,181/mo

Save by going outside centre 11% cheaper

Numbeo · 2026-10-02

Cyprus take-home pay

EUR 50,000 → EUR 3,258/Net take-home (21.8% effective rate, single filer)

Full Cyprus tax calculator →

Considering alternatives?

Cities in the same country or region with a comparable cost of living.

🇨🇾 Paphos

Cyprus

CoL index 42.0

Compare Paphos vs Nicosia →

🇨🇾 Larnaca

Cyprus

CoL index 37.7

Compare Larnaca vs Nicosia →

🇨🇾 Limassol

Cyprus

CoL index 50.0

Compare Limassol vs Nicosia →

Ready to run the numbers?

Enter your salary and current city. Get exact take-home pay in Nicosia after tax, in seconds.

Compare salaries → Full cost of living data

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