Last update: Oct 2026

Cost of Living Comparison Between Italy and Cyprus

Name: Cyprus
Address: CY

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.

88

Cost of Living Index in Italy
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Italy Living Index
95

Cost of Living Index in Cyprus
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Cyprus Living Index

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🇮🇹 Italy

$1,843

/mo nomad

🇨🇾 Cyprus

$1,956

/mo nomad

Monthly Cost of Living

How much you'll spend in Italy and in Cyprus

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

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

Italy $1,843
Cyprus $1,956

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

Italy $2,816
Cyprus $2,996

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

Italy $3,788
Cyprus $4,037

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

The cost of living in Italy is roughly 6% lower than in Cyprus on average.

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

Meal at Budget Restaurant

$20.46 €18.36

$16.57 €14.86

23.48%

Three-Course Dinner for Two, Mid-Range

$79.5 €71.3

$67.5 €60.6

17.73%

Fast Food Meal (McDonalds, etc)

$11.15 €10.01

$9.19 €8.25

21.33%

Cappuccino

$2.04 €1.83

$3.76 €3.37

-45.74%

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

$3.10 €2.78

$2.02 €1.81

53.47%

Water (0.33 liter bottle)

$1.40 €1.26

$1.02 €0.91

37.25%

Local Beer (0.5 liter draught)

$5.51 €4.95

$4.36 €3.91

26.38%

Imported Beer (0.33 liter bottle)

$5.74 €5.15

$5.63 €5.05

1.95%

Milk (1 liter)

$1.57 €1.41

$1.78 €1.60

-11.80%

White Bread (500g)

$2.38 €2.14

$2.03 €1.82

17.24%

Rice (white) (1kg)

$2.90 €2.60

$2.91 €2.61

-0.34%

Eggs

$4.07 €3.66

$4.57 €4.10

-10.94%

Local Cheese (1kg)

$17.44 €15.65

$12.94 €11.61

34.78%

Chicken Fillets (1kg)

$12.56 €11.27

$8.54 €7.66

47.07%

Beef Round Steak (1kg)

$20.17 €18.10

$13.30 €11.94

51.65%

Apples (1kg)

$2.58 €2.32

$3.29 €2.95

-21.58%

Banana (1kg)

$2.19 €1.96

$2.15 €1.93

1.86%

Oranges (1kg)

$2.68 €2.40

$2.45 €2.20

9.39%

Tomato (1kg)

$3.27 €2.93

$3.20 €2.87

2.19%

Potato (1kg)

$1.90 €1.71

$1.65 €1.48

15.15%

Onion (1kg)

$1.82 €1.63

$1.38 €1.24

31.88%

Lettuce (1 head)

$1.57 €1.41

$0.97 €0.87

61.86%

Water (1.5 liter bottle)

$0.55 €0.49

$1.07 €0.96

-48.60%

Cigarettes 20 Pack (Marlboro, Camel)

$6.69 €6.01

$5.75 €5.16

16.35%

Wine (Bottle)

$7.99 €7.17

$7.75 €6.96

3.10%

Local Beer (0.5 liter bottle)

$1.77 €1.59

$1.76 €1.58

0.57%

Imported Beer (0.33 liter bottle)

$2.35 €2.11

$2.49 €2.23

-5.62%

One-way Ticket (Public Transport)

$1.91 €1.71

$2.25 €2.02

-15.11%

Public Transport Monthly Pass (Regular Price)

$43.44 €38.98

$55.5 €49.77

-21.69%

Taxi Start (Normal Tariff)

$5.62 €5.04

$7.65 €6.86

-26.54%

Taxi (Normal Tariff) (1km)

$1.71 €1.54

$2.19 €1.96

-21.92%

Taxi 1hour Waiting (Normal Tariff)

$33.64 €30.18

$41.91 €37.61

-19.73%

Gasoline (1 liter)

$2.03 €1.82

$1.71 €1.53

18.71%

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

$35.3K €31.7K

$31.6K €28.3K

11.78%

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

$36.7K €33.0K

$31.6K €28.4K

16.26%

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

$227 €203

$208 €186

9.03%

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

$11.59 €10.40

$21.15 €18.98

-45.20%

Internet (50+ Mbps, Unlimited Data)

$30.38 €27.26

$31.46 €28.23

-3.43%

Gym Membership (Monthly)

$51.8 €46.46

$72.8 €65.3

-28.84%

Tennis Court (1 Hour on Weekend)

$23.70 €21.26

$28.18 €25.29

-15.90%

Cinema Ticket

$10.60 €9.51

$11.11 €9.97

-4.59%

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

$568 €509

$503 €452

12.78%

International Primary School, 1 Child (Yearly)

$11.5K €10.3K

$8,599 €7,716

34.00%

Jeans (Levis 501 Or Similar)

$90.5 €81.2

$86.4 €77.6

4.74%

Summer Dress (H&M, Zara, etc)

$38.55 €34.59

$50.0 €44.89

-22.93%

Sport Shoes (Adidas, Nike)

$103 €92.1

$99.3 €89.1

3.39%

Men's Leather Business Shoes

$131 €118

$106 €94.9

23.90%

1-bedroom Apartment, City Center (Monthly)

$826 €741

$1,039 €932

-20.53%

1-bedroom Apartment, Outside City Center (Monthly)

$646 €580

$815 €731

-20.71%

3-bedroom Apartment, City Center (Monthly)

$1,400 €1,256

$1,920 €1,723

-27.07%

3-bedroom Apartment, Outside City Center (Monthly)

$1,054 €946

$1,478 €1,326

-28.65%

Buy Apartment in City Center (m2)

$3,662 €3,286

$3,815 €3,423

-4.01%

Buy Apartment Outside City Center (m2)

$2,301 €2,065

$2,646 €2,374

-13.03%

Average Monthly Net Salary (After Tax)

$1,886 €1,692

$1,888 €1,694

-0.10%

20-Year Fixed Mortgage Interest Rate (Annual %)

3.56

4.01

-11.22%

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

Last update for Italy: October 24, 2026

Last update for Cyprus: October 24, 2026

Monthly budget structure

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

Accommodation & Living

Italy

$646 35.1%

Cyprus

$815 41.7% 26.1% $169

Groceries & Markets

Italy

$348 18.9%

Cyprus

$298 15.3% 14.2% $49

Eating Out

Italy

$279 15.1%

Cyprus

$250 12.8% 10.1% $28

Monthly Utilities & Internet

Italy

$269 14.6%

Cyprus

$260 13.3% 3% $8.1

Clothing & Footwear

Italy

$163 8.9%

Cyprus

$154 7.9% 5.9% $9.6

Sport & Entertainment

Italy

$73 4%

Cyprus

$95 4.9% 30.1% $22

Getting Around

Italy

$65 3.5%

Cyprus

$83 4.3% 27.3% $18

Cost Breakdown

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

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

🇮🇹 Italy

🇨🇾 Cyprus

🕒 Local time

20:07 8:07 PM

21:07 9:07 PM

1 h ahead of Italy

🌤 Weather

👥 Population

58,850,717

1,344,976

💱 Currency

Euro EUR €

📈 Exchange rate

1 EUR = 1.11 USD

Exchange rates and currency converter

On the map

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Between locations

Italy Cyprus 1,960 km ≈ 3 h nonstop flight

From you

Italy
Cyprus

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

Italy vs Cyprus: 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.