Cost of Living Comparison Between Cyprus and Italy Cost of Living Comparison Between Cyprus and Italy

Name: Italy
Address: IT

Monthly Cost of Living

A single person spends $1,826 per month in Cyprus vs $1,717 in Italy, rent included.

A couple spends around $2,866 per month in Cyprus vs $2,624 in Italy, rent included.

A family of three spends $3,906 per month in Cyprus vs $3,530 in Italy, rent included.

Cyprus costs about 6% more than Italy on average – the gap runs across housing, groceries, transport, and services.

Both Cyprus and Italy are pricier than the global median – Cyprus by 36%, Italy by 28%.

Italy has a wider regional cost range ($1,170–$2,508) than Cyprus ($1,611–$2,572), so location matters more when choosing where to live in Italy.

Meal at Budget Restaurant

$17.28 €14.86

$17.44 €15.00

-0.92%

Three-Course Dinner for Two, Mid-Range

$69.8 €60.1

$79.5 €68.4

-12.12%

Fast Food Meal (McDonalds, etc)

$9.40 €8.09

$11.76 €10.11

-20.07%

Cappuccino

$4.10 €3.53

$2.00 €1.72

105.00%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$1.99 €1.71

$3.00 €2.58

-33.67%

Water (0.33 liter bottle)

$1.11 €0.95

$1.35 €1.16

-17.78%

Local Beer (0.5 liter draught)

$4.74 €4.08

$5.94 €5.11

-20.20%

Imported Beer (0.33 liter bottle)

$5.86 €5.04

$5.36 €4.61

9.33%

Milk (1 liter)

$1.82 €1.57

$1.64 €1.41

10.98%

White Bread (500g)

$2.01 €1.73

$2.41 €2.07

-16.60%

Rice (white) (1kg)

$2.95 €2.54

$2.99 €2.58

-1.34%

Eggs

$4.28 €3.68

$3.96 €3.41

8.08%

Local Cheese (1kg)

$13.75 €11.83

$16.84 €14.49

-18.35%

Chicken Fillets (1kg)

$9.35 €8.04

$12.43 €10.69

-24.78%

Beef Round Steak (1kg)

$13.81 €11.88

$20.29 €17.46

-31.94%

Apples (1kg)

$3.00 €2.58

$2.47 €2.13

21.46%

Banana (1kg)

$2.10 €1.81

$2.15 €1.85

-2.33%

Oranges (1kg)

$2.29 €1.97

$2.65 €2.28

-13.58%

Tomato (1kg)

$3.19 €2.74

$3.40 €2.92

-6.18%

Potato (1kg)

$1.66 €1.43

$1.92 €1.65

-13.54%

Onion (1kg)

$1.61 €1.39

$1.81 €1.56

-11.05%

Lettuce (1 head)

$0.90 €0.78

$1.55 €1.33

-41.94%

Water (1.5 liter bottle)

$1.11 €0.95

$0.54 €0.46

105.56%

Cigarettes 20 Pack (Marlboro, Camel)

$5.81 €5.00

$6.79 €5.84

-14.43%

Wine (Bottle)

$7.98 €6.86

$7.18 €6.18

11.14%

Local Beer (0.5 liter bottle)

$1.88 €1.62

$1.80 €1.55

4.44%

Imported Beer (0.33 liter bottle)

$2.58 €2.22

$2.42 €2.08

6.61%

One-way Ticket (Public Transport)

$2.32 €2.00

$2.00 €1.72

16.00%

Public Transport Monthly Pass (Regular Price)

$57.7 €49.63

$42.35 €36.43

36.25%

Taxi Start (Normal Tariff)

$6.34 €5.45

$5.94 €5.11

6.73%

Taxi (Normal Tariff) (1km)

$1.95 €1.68

$1.51 €1.30

29.14%

Taxi 1hour Waiting (Normal Tariff)

$35.18 €30.26

$34.04 €29.28

3.35%

Gasoline (1 liter)

$1.59 €1.37

$2.05 €1.76

-22.44%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$29.4K €25.3K

$32.8K €28.2K

-10.61%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$32.5K €27.9K

$33.7K €29.0K

-3.55%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$214 €184

$225 €194

-4.92%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$23.18 €19.94

$13.25 €11.40

74.94%

Internet (50+ Mbps, Unlimited Data)

$36.22 €31.15

$30.95 €26.62

17.03%

Gym Membership (Monthly)

$75.6 €65.1

$55.7 €47.95

35.70%

Tennis Court (1 Hour on Weekend)

$29.22 €25.14

$25.15 €21.63

16.18%

Cinema Ticket

$11.66 €10.03

$10.25 €8.82

13.76%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$492 €423

$576 €495

-14.61%

International Primary School, 1 Child (Yearly)

$8,449 €7,268

$10.5K €8,998

-19.23%

Jeans (Levis 501 Or Similar)

$93.2 €80.2

$91.8 €79.0

1.55%

Summer Dress (H&M, Zara, etc)

$53.8 €46.24

$40.72 €35.03

32.02%

Sport Shoes (Adidas, Nike)

$104 €89.1

$98.0 €84.3

5.69%

Men's Leather Business Shoes

$124 €106

$131 €112

-5.52%

1-bedroom Apartment, City Center (Monthly)

$1,050 €903

$860 €740

22.10%

1-bedroom Apartment, Outside City Center (Monthly)

$843 €725

$667 €573

26.43%

3-bedroom Apartment, City Center (Monthly)

$1,978 €1,702

$1,475 €1,269

34.10%

3-bedroom Apartment, Outside City Center (Monthly)

$1,618 €1,392

$1,087 €935

48.86%

Buy Apartment in City Center (m2)

$3,945 €3,394

$3,850 €3,312

2.46%

Buy Apartment Outside City Center (m2)

$2,631 €2,263

$2,359 €2,029

11.56%

Average Monthly Net Salary (After Tax)

$1,906 €1,640

$1,933 €1,663

-1.40%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.39

4.41

-0.45%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cyprus: June 1, 2026

Last update for Italy: May 31, 2026

Cost Breakdown

Average rent: $847 in Cyprus vs $743 in Italy. For reference, capital cities sit at $771 in Nicosia and $1,325 in Rome.

Average salary: $1,528 in Cyprus vs $1,949 in Italy. The income gap affects purchasing power and how far your budget stretches in each country.

Cost Highlights

Rent is 14% higher in Cyprus.

Dining out costs 12% more in Italy.

Salaries are 28% higher in Italy, giving Italy stronger purchasing power.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cyprus vs Italy: Cost of Living - Frequently Asked Questions

Italy is the cheaper option – living costs run roughly 14% lower on average. The gap is consistent across housing, groceries, transport, and entertainment.

Housing costs more in Cyprus, and the gap is biggest in capital cities. Regional towns show less difference, but Cyprus consistently has higher rents.

Groceries, transport, and utilities all cost less in Italy, contributing to the overall 14% price gap. The savings show up everywhere – from supermarket receipts to monthly bills.

$2,500 buys a comfortable lifestyle in Italy, but in Cyprus it only works with careful planning outside the capital. Same money, very different lives.

Italy is the budget-friendly choice for expats – lower housing and daily costs. But cost isn't everything: visa policies, language, healthcare quality, and job markets all weigh in too.