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Cost of Living in Limassol, Cyprus

This city has a rich historical and cultural background.

People here can speak Greek, English, Russian or Ukrainian.

The city is loved by British retired people who come here to enjoy their free time.

Limassol has lots of shops, some museums, a picture gallery and places to go sports.

This is a very attractive city which is in plus a little cheaper than Larnaca, taking into account that you will rent an apartment.

Along with Larnaca, Limassol has a big seaport which is used to carry passengers or trade goods.

Restaurants

RESTAURANTS

The prices for a meal in an inexpensive restaurant in Limassol are around $13.77.

If you want to go to the mid-range establishment with your friend or a partner, prepare your wallet with $52 dollars for a starter, a main course, and a dessert.

12 oz of the importer beer usually does not exceed the price of $6.

Markets

MARKETS

Tasty food, farmer’s fruits, vegetables, fresh meat, and cheese can be all bought at the market in Limassol.

Dairy products like a gallon of milk or 2 pounds of local cheese are sold for $7.

Oranges are $0.58, apples and tomatoes – $0.89, bananas and white rice – $0.76

Transportation

TRANSPORTATION

Prices for a taxi in Limassol depend on the type of services they provide.

Taxi start at a normal tariff is $5.01; the price for 1 mile starts at the point of $1.85, and waiting for an hour costs $17.22.

At present, you can rent a car and drive wherever you like in Limassol.

Or you can buy the car and feel absolutely free.

The cheapest Volkswagen Golf 1.4 (90 KW trendline or similar) is $17,217.85 opposite to Toyota Corolla 1.6 l (97 KW Comfort or similar) for $20,374.45 on the average.

Utilities

UTILITIES (MONTHLY)

People in Limassol put away 8-10% of their monthly income to pay bills.

Electricity, water, Internet, garbage, heating, cooling, and other comforts count for $180 monthly.

At that, the cost of the Internet and prepaid mobile connection depends on the tariff that you choose, and the number of minutes/hours of speaking on the cellphone.

Sports and leisure

SPORTS & LEISURE

Sports and leisure in Limassol – what can be better?

In the summer season, the city has so much fun and recreative activities to offer.

You can buy a subscription to a fitness club for $65.56 per month or choose to go to the tennis court (1 hour on weekend costs $15.78).

International films in the Limassol’s cinema are going for $10.33 per seat.

Clothing and shoes

CLOTHING & SHOES

You can go shopping in any corner of the city.

Yet the Limassol Marina is the best place with lots of boutiques and shopping centers which sell clothes, shoes, souvenirs, and other necessary items.

For instance, a pair of men leather business shoes will cost you $101.26.

Meanwhile, the Nike running shoes in a mid-range shop are $81.17.

Rent per month

RENT PER MONTH

Rental property in Limassol is presented by a wide range of villas, apartments, and houses.

We provide the prices for the one- and three-bedroom apartments in the center and outside the city.

The three-bedroom apartment outside the downtown goes for $1,117.65.

One bedroom in the suburbs is $680.51, while the same square meters in the center come to $843.04.

Cost of Living Averages Table for Limassol

Average Restaurant Prices
Meal (Inexpensive Restaurant) $ 13.77
Domestic Beer (0.5 Liter) $ 4.02
Water (0.33 Liter) $ 0.90
Average Market Prices
Milk (1 Liter) $ 6.09
Loaf Bread (500g) $ 1.45
Eggs (12) $ 2.96
Average Transport Prices
One Way Ticket $ 1.72
Monthly Pass $ 45.91
Gasoline $ 5.61
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $ 141.13
1 min. of Prepaid Mobile Tariff Local $ 0.09
Internet (Unlimited Data, Cable/ADSL) $ 48.88
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $ 65.56
Tennis Court Rent (1 Hour) $ 15.78
Cinema, 1 Seat, International Release $ 10.33
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $ 81.99
1 Summer Dress in a Chain Store (Zara, etc...) $ 42.63
1 Pair of Adidas Walking Shoes (Mid-Range) $ 81.17
Average Rent Prices
Apartment (1 bedroom) in City Center $ 843.04
Apartment (1 bedroom) Outside of Center $ 680.51
Apartment (3 bedrooms) in City Center $ 1458.09

How Does the Average Person Spend Their Money in Limassol?

The average person in Limassol spends the biggest part of their monthly income on monthly rent.

This makes 29.7% of all the family budget.

A bit lower percentage or 26.3% goes to the markets.

Limassol citizens do not mind having some tasty meals in the restaurants and are ready to spend 16% of their monthly income for restaurants.

Clothing and shoes are cheap and have almost no impact on the wallets of Limassol’s locals.

Transportation, utilities, leisure, and sports take 11%, 6.4% and 7.5% relevantly.

16%
26.3%
11%
6.4%
7.5%
3.1%
29.7%
Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Limassol: Average Salary, Minimum Wage & Mortgages

In Cyprus, the national minimum wage has been steady for almost three years now.

However, this figure is statistical and might differ from one city to another.

Also, the salary depends greatly on the profession of the employee.

Average monthly net wage with the taxes excluded is $1,560.17 at the country-wide minimum wage of $917.1.

Similar to other cities in Cyprus, Limassol citizens and foreigners buy and sell apartments, villas or houses.

Many agree on a mortgage loan the interest rate of which is 3.78% annually and is being paid during 20 years at the fixed rate.

Average Salary$ 1560.17
Minimum Wage$ 917.1
Mortgage Interest Rate3.78%

Cost of Living by City in Cyprus

*Click the name of the city for more information.

City Cost of Living Index
Larnaca 54.31
Limassol 57.71
Nicosia 60.97

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