Thinking of relocating to Cyprus? One of the biggest questions British expats ask is: “How much does it cost to live there compared to the UK?” With lower housing costs, affordable groceries, and plenty of sunshine, Cyprus often offers a more relaxed and budget-friendly lifestyle. In this guide, we break down the cost of living in Cyprus, covering housing, utilities, food, transport, healthcare, and everyday lifestyle expenses.
Housing: Renting and Buying
Housing is often the largest monthly expense for expats, and Cyprus tends to be more affordable than the UK.
Renting:
- A one-bedroom apartment in city centres like Limassol or Nicosia can cost less than similar flats in London or other UK cities.
- Coastal towns like Paphos or Larnaca offer competitive rental prices, with options ranging from modern apartments to traditional villas.
Buying property:
- Buying a home in Cyprus is generally cheaper than in most parts of the UK. Many expats invest in properties along the coast, enjoying both lifestyle and investment potential.
- Legal fees, taxes, and conveyancing should be factored in, and it’s important to use a licensed estate agent to navigate the local property market.
Utilities and Household Expenses
Monthly utilities in Cyprus, including electricity, water, and heating, are typically lower than in the UK, though air conditioning during the hot summer months can increase electricity bills. Internet and mobile plans are competitively priced, with fast broadband widely available in urban areas.
Food and Groceries
Cyprus offers a mix of affordable supermarkets, local markets, and dining options.
- Fresh produce and Mediterranean staples like fruits, vegetables, olives, and fish are often cheaper than in the UK.
- Dining out ranges from casual tavernas to high-end restaurants, with meals at local eateries typically very reasonable.
- Imported goods from the UK can be more expensive, so exploring local products can help keep costs down.
Transport
Cyprus is relatively compact, so commuting costs are generally lower than in the UK.
- Fuel prices are comparable to the UK, though public transport options are limited outside major cities.
- Many expats choose to drive, and purchasing a car in Cyprus is generally more affordable than in the UK.
- Roads are well-maintained, and travel between popular cities and coastal towns is easy.
Healthcare and Insurance
Cyprus has both public and private healthcare systems.
- The General Healthcare System (GESY) offers accessible public services for residents.
- Many expats choose private insurance for faster access to specialists and private hospitals, which remains affordable compared to UK private healthcare.
- Routine check-ups, dental care, and medications are generally less expensive than in the UK.
Lifestyle and Leisure
Cyprus’ climate and outdoor lifestyle contribute to lower overall living costs:
- The warm Mediterranean weather encourages outdoor activities, reducing spending on indoor entertainment.
- Beaches, hiking trails, and local events are free or low-cost, making it easy to enjoy life without high expenses.
- Cultural experiences, historical sites, and festivals provide plenty of low-cost ways to explore the island.
Summary: Is Cyprus Affordable for British Expats?
Overall, Cyprus offers British expats a high-quality, affordable lifestyle. Lower housing costs, cheaper groceries, and reduced transport expenses make it an attractive destination for retirees, families, and working professionals. Combined with its beautiful weather, friendly communities, and relaxed Mediterranean lifestyle, Cyprus is a top choice for those seeking a new home abroad.
For a full guide on moving to Cyprus from the UK — including visas, residency, and relocation services — visit our Moving to Cyprus from UK page.