Last update: Oct 2026

Cost of Living Comparison Between Cyprus and Italy

Name: Italy
Address: IT

For one person, living is cheaper in Italy: $1,843 a month against $1,956 in Cyprus, rent and utilities included – about $1,400 less a year. Higher rent and utilities in Cyprus outweigh lower spending on other living expenses.

95

Cost of Living Index in Cyprus
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Cyprus Living Index
88

Cost of Living Index in Italy
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Italy Living Index

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🇨🇾 Cyprus

$1,956

/mo nomad

🇮🇹 Italy

$1,843

/mo nomad

Monthly Cost of Living

How much you'll spend in Cyprus and in Italy

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cyprus and in Italy actually costs, broken down by who's living it.

A single person spends $1,956 per month in Cyprus vs $1,843 in Italy, rent included.

Cyprus $1,956
Italy $1,843

A couple spends around $2,996 per month in Cyprus vs $2,816 in Italy, rent included.

Cyprus $2,996
Italy $2,816

A family of three spends $4,037 per month in Cyprus vs $3,788 in Italy, rent included.

Cyprus $4,037
Italy $3,788

Cost ranges are similar: Cyprus spans $1,305–$2,773, Italy $1,038–$2,555. City choice affects budget similarly in either country.

The cost of living in Cyprus is about 6% higher than in Italy on average.

Both Cyprus and Italy are pricier than the global median – Cyprus by 44%, Italy by 35%.

Meal at Budget Restaurant

$16.57 €14.88

$20.46 €18.38

-19.01%

Three-Course Dinner for Two, Mid-Range

$67.5 €60.7

$79.5 €71.4

-15.06%

Fast Food Meal (McDonalds, etc)

$9.19 €8.26

$11.15 €10.02

-17.58%

Cappuccino

$3.76 €3.38

$2.04 €1.83

84.31%

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

$2.02 €1.81

$3.10 €2.78

-34.84%

Water (0.33 liter bottle)

$1.02 €0.91

$1.40 €1.26

-27.14%

Local Beer (0.5 liter draught)

$4.36 €3.91

$5.51 €4.95

-20.87%

Imported Beer (0.33 liter bottle)

$5.63 €5.06

$5.74 €5.16

-1.92%

Milk (1 liter)

$1.78 €1.60

$1.57 €1.41

13.38%

White Bread (500g)

$2.03 €1.82

$2.38 €2.14

-14.71%

Rice (white) (1kg)

$2.91 €2.61

$2.90 €2.60

0.34%

Eggs

$4.57 €4.10

$4.07 €3.66

12.29%

Local Cheese (1kg)

$12.94 €11.63

$17.44 €15.67

-25.80%

Chicken Fillets (1kg)

$8.54 €7.67

$12.56 €11.28

-32.01%

Beef Round Steak (1kg)

$13.30 €11.95

$20.17 €18.12

-34.06%

Apples (1kg)

$3.29 €2.95

$2.58 €2.32

27.52%

Banana (1kg)

$2.15 €1.94

$2.19 €1.97

-1.83%

Oranges (1kg)

$2.45 €2.20

$2.68 €2.41

-8.58%

Tomato (1kg)

$3.20 €2.88

$3.27 €2.93

-2.14%

Potato (1kg)

$1.65 €1.48

$1.90 €1.71

-13.16%

Onion (1kg)

$1.38 €1.24

$1.82 €1.63

-24.18%

Lettuce (1 head)

$0.97 €0.87

$1.57 €1.41

-38.22%

Water (1.5 liter bottle)

$1.07 €0.96

$0.55 €0.49

94.55%

Cigarettes 20 Pack (Marlboro, Camel)

$5.75 €5.17

$6.69 €6.01

-14.05%

Wine (Bottle)

$7.75 €6.96

$7.99 €7.17

-3.00%

Local Beer (0.5 liter bottle)

$1.76 €1.58

$1.77 €1.59

-0.56%

Imported Beer (0.33 liter bottle)

$2.49 €2.23

$2.35 €2.11

5.96%

One-way Ticket (Public Transport)

$2.25 €2.03

$1.91 €1.72

17.80%

Public Transport Monthly Pass (Regular Price)

$55.5 €49.83

$43.44 €39.02

27.69%

Taxi Start (Normal Tariff)

$7.65 €6.87

$5.62 €5.05

36.12%

Taxi (Normal Tariff) (1km)

$2.19 €1.97

$1.71 €1.54

28.07%

Taxi 1hour Waiting (Normal Tariff)

$41.91 €37.65

$33.64 €30.22

24.58%

Gasoline (1 liter)

$1.71 €1.54

$2.03 €1.82

-15.76%

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

$31.6K €28.4K

$35.3K €31.7K

-10.54%

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

$31.6K €28.4K

$36.7K €33.0K

-13.98%

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

$208 €187

$227 €204

-8.28%

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

$21.15 €19.00

$11.59 €10.41

82.48%

Internet (50+ Mbps, Unlimited Data)

$31.46 €28.26

$30.38 €27.29

3.55%

Gym Membership (Monthly)

$72.8 €65.4

$51.8 €46.51

40.53%

Tennis Court (1 Hour on Weekend)

$28.18 €25.31

$23.70 €21.29

18.90%

Cinema Ticket

$11.11 €9.98

$10.60 €9.52

4.81%

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

$503 €452

$568 €510

-11.33%

International Primary School, 1 Child (Yearly)

$8,599 €7,725

$11.5K €10.4K

-25.37%

Jeans (Levis 501 Or Similar)

$86.4 €77.6

$90.5 €81.3

-4.53%

Summer Dress (H&M, Zara, etc)

$50.0 €44.94

$38.55 €34.63

29.75%

Sport Shoes (Adidas, Nike)

$99.3 €89.2

$103 €92.2

-3.28%

Men's Leather Business Shoes

$106 €95.0

$131 €118

-19.29%

1-bedroom Apartment, City Center (Monthly)

$1,039 €933

$826 €742

25.84%

1-bedroom Apartment, Outside City Center (Monthly)

$815 €732

$646 €580

26.11%

3-bedroom Apartment, City Center (Monthly)

$1,920 €1,725

$1,400 €1,258

37.11%

3-bedroom Apartment, Outside City Center (Monthly)

$1,478 €1,327

$1,054 €947

40.15%

Buy Apartment in City Center (m2)

$3,815 €3,427

$3,662 €3,290

4.17%

Buy Apartment Outside City Center (m2)

$2,646 €2,377

$2,301 €2,067

14.98%

Average Monthly Net Salary (After Tax)

$1,888 €1,696

$1,886 €1,694

0.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.01

3.56

12.64%

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

Last update for Cyprus: October 24, 2026

Last update for Italy: October 24, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Cyprus

$815 41.7%

Italy

$646 35.1% 20.7% $169

Groceries & Markets

Cyprus

$298 15.3%

Italy

$348 18.9% 16.6% $49

Monthly Utilities & Internet

Cyprus

$260 13.3%

Italy

$269 14.6% 3.1% $8.1

Eating Out

Cyprus

$250 12.8%

Italy

$279 15.1% 11.3% $28

Clothing & Footwear

Cyprus

$154 7.9%

Italy

$163 8.9% 6.2% $9.6

Sport & Entertainment

Cyprus

$95 4.9%

Italy

$73 4% 23.2% $22

Getting Around

Cyprus

$83 4.3%

Italy

$65 3.5% 21.4% $18

Cost Breakdown

Average rent: $834 in Cyprus vs $729 in Italy. For reference, capital cities sit at $784 in Nicosia and $1,297 in Rome.

Average salary: $1,533 in Cyprus vs $1,890 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 14% more in Italy.

Public transport is 19% more expensive in Cyprus.

Salaries are 23% higher in Italy, and purchasing power comes out stronger in Italy.

Good to know

🇨🇾 Cyprus

🇮🇹 Italy

🕒 Local time

01:24 1:24 AM

00:24 12:24 AM

1 h behind Cyprus

🌤 Weather

👥 Population

1,344,976

58,850,717

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.11 USD

Exchange rates and currency converter

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Between locations

Cyprus Italy 1,960 km ≈ 3 h nonstop flight

From you

Cyprus
Italy

Distances are measured in a straight line. Your location is detected approximately.

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 6% lower on average.

Housing costs more in Cyprus: a central one-bedroom averages $834 versus $729 in Italy.

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