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Cost of Living in Cyprus
Real Eurostat cost-of-living and household energy prices for Cyprus, with its Gera EU Cost Index of 97.5 (ranked 13 of 27 EU countries).
How expensive is Cyprus — cost of living and energy prices?
As of 2024, Cyprus's price level for household consumption is 92.8 (EU=100), below the EU average, per Eurostat. Household electricity costs €0.28/kWh (2025-S2) and Cyprus has no published household gas price (negligible household gas network). Its Gera EU Cost Index is 97.5 (EU median 96.9), ranked 13 of 27 EU countries by overall cost.
Cyprus cost & energy figures
| Metric | Value | vs EU average |
|---|---|---|
| Price level (household consumption) | 92.8 (EU=100) | -7.2 pts |
| Household electricity (all taxes) | €0.28/kWh (2025-S2) | -4.2% |
| Household gas (all taxes) | No household gas network | n/a |
| Gera EU Cost Index | 97.5 | median 96.9 |
| EU cost rank | 13 of 27 | — |
Compare with another EU country
See real Eurostat cost & energy figures side by side
Compare two EU countries
Pick two EU member states to see the real Eurostat cost-of-living gap, electricity and gas prices, and the Gera EU Cost Index difference.
| Metric | Cyprus | Austria |
|---|---|---|
| Price level (EU=100) | 92.8 | 112.8 |
| Electricity (all taxes) | €0.28/kWh | €0.33/kWh |
| Gas (all taxes) | n/a | €0.12/kWh |
| Gera EU Cost Index | 97.5 | 117.8 |
| EU cost rank (of 27) | #13 | #7 |
Austria is the more expensive of the two — its Gera EU Cost Index of 117.8 is 20.3 points above Cyprus (97.5). Overall consumer prices are -17.7% and electricity is -15.2% in Cyprus versus Austria. EU median index: 96.9.
Cost of living in Cyprus — FAQ
- Is Cyprus expensive to live in?
- Cyprus's price level for household consumption is 92.8 against an EU average of 100 (Eurostat, 2024), making it cheaper than the EU average. On the Gera EU Cost Index it ranks 13 of 27 EU countries with a score of 97.5 (EU median 96.9).
- How much does electricity cost in Cyprus?
- Household electricity in Cyprus cost €0.28/kWh including all taxes and levies in 2025-S2, for a typical household (2 500–4 999 kWh/year), per Eurostat (nrg_pc_204). The EU average was €0.29/kWh.
- How much does gas cost in Cyprus?
- Cyprus has no published household natural-gas price — it has a negligible or no household gas distribution network, so Eurostat publishes no figure. Gera does not estimate a value.
Setting up home in Cyprus?
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Related
- EU Cost of Living & Energy Prices by Country — the full Gera EU Cost Index ranking.
- UK energy price cap & appliance running costs — the current Ofgem cap.
Contains public sector information published by Eurostat (European Commission) and licensed under the Eurostat reuse policy (© European Union — free reuse with attribution). Source: Eurostat — Price level indices for household final consumption (prc_ppp_ind) (2024 (price levels) · second half of 2025 (2025-S2) (energy), published June 2025 (price levels) · May 2026 (energy)).