A great number of European tourists go to Larnaca on a vacation, and they have some good reasons for this.
Larnaca is just 7 km away from the central international airport of Cyprus.
It has a large seaport in the South, which allows importing and exporting some goods.
Larnaca is one of the largest supporters of the economy of the state.
Here you can find a splendid sandy seashore with a long line of palms where you can walk and relax.
Larnaca is not only for trading, producing goods and education.
It’s for passenger and cargo transportation, restaurant and hotel business, and services.
Eating outside home is also loved a lot by people in Larnaca.
After all, the three-course meal in an average restaurant is not so expensive for a party of two.
The price ranges between $40.17 and $51.65 for the meal.
Pepsi Cola is $1.77 for a little bottle, and a cup of cappuccino costs $3.62.
Larnaca is the place where you can always get fresh food, beverages, fish, and other necessary products.
Counting in pounds, white rice costs $0.71, local cheese and chicken breasts $3.60, some back leg red meat like the beef round is about $4.43.
Potatoes, onions, and lettuce do not exceed the price of $0.39 per pound.
Tomatoes and some fruits like bananas, oranges, and apples are more expensive ($0.67 – $0.95/lb).
If you are currently surfing the Internet in search of prices for a new car in Larnaca, here is what you can expect.
The Volkswagen Golf 1.4 model or maybe an equivalent car costs $14.923 on average, while Toyota Corolla 1.6 l is somewhat more expensive, add $4000 to buy this car in Larnaca.
Taxi prices by normal tariff: start – $3.93, 1 mile – $1.32, and 1 hour waiting – $17.22.
This might be one of the most popular line items in Larnaca.
Spending a month in your home with light, water, cooling/heating, throwing garbage knowing that it will be collected, is possible for as much as $122.21.
Unlimited access to ADSL or cable Internet (60 Mbps or more) is $42.83.
Prepaid mobile tariff makes $0.10 for local calls.
SPORTS & LEISURE
In case that you like to spend time actively, take into account some middle range prices for sports and leisure in Larnaca.
A monthly fee in a fitness club costs adults $52.80
Playing tennis for an hour on Saturday or Sunday is only $13.39.
Cinemagoers will find it interesting to know that the price for 1 seat is $9.76 (international release).
CLOTHING & SHOES
Larnaca citizens spend the least money on clothing and shoes.
For example, a pair of Levis 500 jeans or similar is worth here $82.57, while a summer dress of some popular brand like H&M, Zara or alike will be only $34.63.
Those who are in need a pair or two of business shoes will find them in the local shops for $103.31.
RENT PER MONTH
Larnaca, like any other city in Cyprus, enriches its budget thanks to the apartment and house rental.
The premises are numerous, and their square area varies according to the region, closeness to the sea etc.
The prices range in the same way.
One-bedroom apartment far from the city center costs $327.14, whereas the same size place in the downtown is $100 more.
Cost of Living Averages Table for Larnaca
|Average Restaurant Prices|
|Meal (Inexpensive Restaurant)||$12.63|
|Domestic Beer (0.5 Liter)||$4.02|
|Water (0.33 Liter)||$0.86|
|Average Market Prices|
|Milk (1 Liter)||$5.71|
|Loaf Bread (500g)||$1.73|
|Average Transport Prices|
|One Way Ticket||$1.72|
|Average Utilities Prices|
|Basic (Water, Electricity, Garbage, Heating, Cooling)||$122.21|
|1 min. of Prepaid Mobile Tariff Local||$0.10|
|Internet (Unlimited Data, Cable/ADSL)||$42.83|
|Average Leisure Prices|
|Fitness Club, Monthly Fee for 1 Adult||$52.80|
|Tennis Court Rent (1 Hour)||$13.39|
|Cinema, 1 Seat, International Release||$9.76|
|Average Clothing Prices|
|1 Pair of Jeans (Levis 501 Or Comparable)||$85.27|
|1 Summer Dress in a Chain Store (Zara, etc...)||$34.63|
|1 Pair of Adidas Walking Shoes (Mid-Range)||$81.31|
|Average Rent Prices|
|Apartment (1 bedroom) in City Center||$430.45|
|Apartment (1 bedroom) Outside of Center||$327.14|
|Apartment (3 bedrooms) in City Center||$695.89|
How Does the Average Person Spend Their Money in Larnaca?
Based on the year, income, average prices for rental, utilities, mobile, Internet and so on, an average person in Larnaca spends 32.9% of their income on markets.
The least go to shoes and clothing (3.8%).
Rent per month and restaurants take an almost equal sum of money or 18.1% and 18.4% respectively.
Statistically, people in Larnaca pay more money for cars, taxis, buses and other vehicles, than they do for the utilities and leisure or sports.
Perhaps tourists have the upper hand, that is why shopping, eating out and buying food takes the most of the budget of an average Larnaca inhabitant.
Larnaca: Average Salary, Minimum Wage & Mortgages
The employees in Larnaca are usually paid 12 months per year.
Based on this, the average net salary after tax makes $1,122.35 at the minimum wage of $917.1, which is revised annually.
Cyrpus is in the 16th place out of 97 countries on the list for the national lowest wage.
In the past 10 years, the national minimum wage has increased, so people started gaining more in euro but losing in US dollars.
It is worth saying, that the minimum wage in Cyprus has remained stable within the past two years.
However, it can be set differently according to the profession of an employee.
Cost of Living by City in Cyprus
*Click the name of the city for more information.
|City||Cost of Living Index|