Cost of living and prices in Nicosia, prices of food, rent, shopping, etc. 🇨🇾
Updated Jul 2023

Nicosia is a bustling city located in Southern Europe, specifically in Cyprus. It is home to a population of around 61,378 individuals and is situated at an elevation of 147 meters above sea level. Nicosia operates on the Asia/Nicosia time zone, GMT: 2.0, making it easy to adjust to for those traveling from nearby areas or abroad.

Despite its bustling nature, Nicosia is known for its affordable cost of living. From housing to food to entertainment options, this city provides its residents and visitors with a high quality of life without breaking the bank. With a variety of attractions and amenities to enjoy, Nicosia is a popular destination for both tourists and locals alike, making it a must-see for anyone traveling to the Mediterranean region.

Whether you are planning a long-term move or a short-term visit, Nicosia is a great option for those looking for an affordable, yet exciting, place to live or explore. With so much to see and do, this city is a true gem of the Mediterranean that should not be missed!

Cost of Living Estimate in Nicosia

Total cost of living in Nicosia for two person with average consumption for one month will be 1275.48 USD, no rent price included. Click here to calculate cost-of-living estimate in Nicosia

You can calculate cost of living in Nicosia by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

When it comes to dining options, Nicosia is a paradise for food lovers. The city is full of restaurants serving traditional Cypriot cuisine, as well as international options ranging from Italian to Chinese. Whether you're looking for a cozy cafe for a casual lunch or a fancy restaurant for a special occasion, Nicosia has plenty of choices to suit all tastes and budgets. You can try local favorites such as souvlaki, moussaka, and halloumi, or explore the city's trendy food scene with fusion dishes and creative cocktails.

In addition to restaurants, Nicosia has a vibrant street food scene that will tantalize your taste buds. Popular street food options include gyros, kebabs, and falafel, which are perfect for a quick and satisfying meal on the go. You can also find food trucks and pop-up stalls serving delicious treats like grilled corn, crepes, and ice cream. If you're in the mood for something sweet, Nicosia has plenty of bakeries and patisseries offering local specialties such as loukoumades (fried dough balls) and bougatsa (phyllo pastry with custard or cheese filling). No matter what your food preferences are, Nicosia is sure to have something that will delight your taste buds.

Meal in Inexpensive Restaurant
16.98 $
Meal for 2 People, Mid-range Restaurant, Three-course
54.59 $
McMeal at McDonalds or Alternative Combo Meal
7.28 $
Domestic Beer, 0.5 liter Draught
4.25 $
Imported Beer, 0.33 liter Bottle
4.85 $
Cappuccino
3.95 $
Coca-Cola, 0.33 liter Bottle
1.75 $

Markets prices

Nicosia, Cyprus is a bustling city full of markets and shops, each offering its own unique array of products. As with any market, prices in Nicosia can fluctuate based on a number of factors, including supply and demand, seasonality, and the vendor's pricing strategy. Despite these fluctuations, however, shoppers in Nicosia can generally expect to find reasonably priced goods across a wide range of categories.

For those looking to score a bargain, Nicosia's street markets are a particularly good option. Here, vendors sell everything from fresh produce to souvenirs, often at prices significantly lower than those found in more traditional retail outlets. Of course, buyers should still exercise caution and be prepared to haggle, as many of these vendors are skilled at negotiating the best possible price for their goods.

Water, 0.33 liter Bottle
0.76 $
Milk, Regular,1 liter
1.80 $
Loaf of Fresh White Bread, 0.5 kg
2.18 $
White Rice, 1 kg
2.29 $
Eggs, 12 pack
3.69 $
Local Cheese, 1 kg
14.10 $
Chicken Breasts, Boneless and Skinless, 1 kg
8.76 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
13.14 $
Apples, 1 kg
2.62 $
Banana, 1 kg
1.75 $
Oranges, 1 kg
1.97 $
Tomato, 1 kg
2.39 $
Potato, 1 kg
0.86 $
Onion, 1 kg
1.09 $
Lettuce, 1 head
0.59 $
Water, 1.5 liter Bottle
1.12 $
Bottle of Wine, Mid-Range Price
9.70 $
Domestic Beer, 0.5 liter Bottle
1.58 $
Imported Beer, 0.33 liter Bottle
3.29 $
Pack of Cigarettes
6.07 $

Transportation prices

Traveling in Nicosia, Cyprus can be done through various options. Walking is a great way to explore the city as it offers stunning views of the city's architecture and features. The city also has a well-organized public transportation system, including buses, taxis, and shuttle services. Buses operate throughout the city, covering almost every corner. Taxis are widely available but usually start out more expensive than shuttle services. Shuttle services are a comfortable and affordable way to get around with a group of people. However, renting a car is perhaps the best option for those who prefer privacy and flexibility, allowing visitors to explore beyond the city limits and head out on day trips.

Biking is another incredible option for transportation as it provides an efficient and environmentally friendly way to explore the city. Rental bikes can be a great way to navigate the narrow streets of Nicosia. Additionally, electric bike tours are popular options for visitors who aren't keen on pedaling too much. Whether you choose to walk, take a bus, taxi, shuttle, or bike, all transportation options in Nicosia offer an exceptional way to get around the city and discover its unique charm.

One-way Ticket, Local Transport
1.82 $
Monthly Pass, Regular Price
48.52 $
Taxi Start, Normal Tariff
5.16 $
Taxi, price for 1 km, Normal Tariff
0.96 $
Taxi, price for 1 hour Waiting, Normal Tariff
16.57 $
Gasoline, 1 liter
1.42 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
21,834.72 $

Utilities Per Month prices

When traveling to Nicosia, it's important to budget for your utilities cost. In general, the cost of utilities is quite reasonable in Nicosia compared to other European cities. Electricity, water, and gas are the main utilities that travelers should budget for, and overall, the cost is manageable. Electricity is typically the biggest expense, but it's worth noting that Cyprus has adopted a renewable energy target, which means that more energy will be generated through renewable sources in the coming years. This should help to keep costs down over time.

One thing to keep in mind when calculating your utilities cost in Nicosia is that air conditioning is a necessity during the hot summer months. This means that your electricity bill will likely be higher during the months of June, July, and August. However, if you plan to travel during the shoulder seasons (April to May or September to October), you may be able to save money on your utilities bill. Overall, Nicosia is an affordable city to visit, and with some strategic planning, travelers can enjoy all the comforts of home without breaking the bank.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
154.44 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.15 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
41.03 $

Sports And Leisure prices

If you're a sports enthusiast looking for some excitement in Nicosia, you won't be disappointed. The city is home to several sports facilities ranging from stadiums and sports complexes to dedicated fields and courts. Whether you're interested in basketball, football, tennis, swimming, or any other sport, you'll find a spot to indulge in your favorite activity. Many of these facilities offer equipment rental, coaching, and competitive leagues for advanced players as well as beginners. Nicosia also has several parks and green spaces where you can enjoy outdoor activities such as cycling, jogging, or walking while taking in the city's beautiful scenery.

For those seeking more leisurely activities, Nicosia has plenty of options to offer too. The city has museums, art galleries, and cultural institutions showcasing the region's rich history and contemporary art scene. You can also indulge in local delicacies and drinks by visiting restaurants, cafes, and bars scattered throughout the city. Nicosia's bustling markets offer a unique shopping experience where you can purchase souvenirs and local goods such as handicrafts, spices, and fresh produce. The city is also home to several theaters, cinemas, and entertainment venues that host events ranging from concerts and theater plays to stand-up performances and movie screenings.

Fitness Club, Monthly Fee for 1 Adult
65.07 $
Tennis Court Rent, 1 Hour on Weekend
42.46 $

Salaries And Financing prices

Salaries and financing in Nicosia, Cyprus are important factors to consider when traveling to this beautiful city. The cost of living in Nicosia is generally lower than in other major European cities, which means that your money can go further here. However, it is important to note that salaries in Nicosia may not be as high as you might expect, especially for entry-level positions. That being said, the city boasts a thriving business sector with a diverse range of job opportunities for those with the right skills and experience.

When it comes to financing in Nicosia, tourists will be pleased to know that their money is generally well-spent here. The city has a number of reliable banks, currency exchange offices, and ATM machines, making it easy for visitors to withdraw cash or exchange their currency. In addition, credit cards are widely accepted at most shops and restaurants. It is important to keep in mind that some establishments may require a minimum purchase amount for credit card transactions, so it's a good idea to carry some cash just in case. Overall, Nicosia is a city that offers good value for money, with plenty of opportunities to enjoy the local cuisine, nightlife, and attractions without breaking the bank.

Cinema ticket, 1 Seat
10.92 $
Average Monthly Net Salary, After Tax
1,580.72 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
2.56 %

Childcare prices

Childcare prices in Nicosia, Cyprus vary depending on the type of facility you choose for your child. Schools and kindergartens are two options parents can consider. Schools offer full-day childcare for children, along with formal education. Tuition fees in schools tend to be the highest, though they may vary depending on the type of curriculum offered, facilities available, and class size. Kindergartens, on the other hand, offer half-day childcare services that focus more on play and socialisation. They are less expensive than schools but can still offer a quality learning atmosphere.

The quality of care provided in childcare centres in Nicosia, Cyprus can be considered excellent across the board. Each facility is required to meet strict quality standards, provide a safe and hygienic environment, and have qualified staff members. Facilities that are accredited or registered with the Ministry of Education and Culture or other relevant authorities tend to have higher quality levels and may command higher fees. Nonetheless, parents looking for childcare services in Nicosia, Cyprus have several options available, each with varying prices, quality, and learning experiences.

Private Preschool or Kindergarten, Monthly for 1 Child
392.03 $
International Primary School, Yearly for 1 Child
7,807.56 $

Clothing And Shoes prices

Nicosia, the capital of Cyprus, is a city that offers a wide range of shopping options for tourists and locals alike. When it comes to clothing and shoe stores, there are plenty of options to choose from, whether you're on a tight budget or looking to splurge on designer brands. From high-end boutiques to street markets, the city is home to various stores that cater to different preferences and budgets. Visitors can enjoy browsing through stores that offer the latest fashion trends or shops that specialize in traditional Cypriot clothing and footwear.

Shopping for clothing and shoes in Nicosia can be an enjoyable experience for everyone. The city offers a mix of local stores and international brands, and visitors can enjoy exploring various shopping districts, such as Ledra Street or the Mall of Cyprus. Popular stores include Zara, Pull & Bear, and Bershka, which offer affordable and stylish clothing and shoes. For those looking to splurge, there are designer stores, such as Gucci and Prada, that offer high-end fashion items. Traditional Cypriot stores, such as Evripidou Cloth Stores, that sell handmade clothing and shoes are also available. Overall, Nicosia has something to suit every style and budget, making it the perfect shopping destination for everyone.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
88.75 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
47.77 $
Pair of Running Shoes, Mid-Range Price
87.27 $
Pair of Leather Business Shoes
119.17 $

Rent Per Month prices

If you're looking for a short rent and stay option in Nicosia, Cyprus, you'll have no shortage of choices. From modern apartments to traditional houses, there is accommodation to suit everyone's taste and budget. Prices for short-term rentals vary depending on the location, size, and amenities of the property. Many apartments and houses come fully furnished, making them a convenient option for those who don't want to go through the hassle of finding and moving in furniture.

For those on a tight budget, there are also plenty of affordable options available, especially in the suburbs and outskirts of the city. Many short-term rentals offer flexible lease agreements, allowing you to rent for as little as a few days or up to several months. Whether you're a student, a digital nomad, or simply looking for a change of scenery, Nicosia has something for everyone when it comes to short-term rentals.

One bedroom apartment in city centre
641.94 $
One bedroom apartment outside of city centre
549.26 $
Three bedroom apartment in city centre
1,086.22 $
Three bedroom apartment outside of city centre
950.13 $

Buy Apartment prices

For those looking for real estate options in Nicosia, Cyprus, there are numerous options available. From modern apartments to traditional houses, buyers can find exactly what they are looking for. Prices vary depending on location and type of property, but there are affordable options for those on a budget as well as luxury options for those looking to splurge.

One option for buyers is to invest in newly constructed apartments or houses. These properties offer modern amenities and designs, typically located in the city center or surrounding suburbs. For those who prefer a more traditional feel, there are also older houses and villas available for purchase. These properties offer unique architectural details and often come with a spacious garden or courtyard. With a range of options available, buyers can find the perfect property to suit their needs and budget in Nicosia, Cyprus.

Price per m2 to Buy Apartment in City Center
1,819.56 $
Price per m2 to Buy Apartment Outside of City Center
1,496.08 $