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Bulgaria vs Cyprus: salary & cost of living

Which offers better value? A real Eurostat comparison of take-home pay and cost of living, with each country’s Gera EU Value Index.

Bulgaria vs Cyprus: which is better value to live in?

As of 2024, Cyprus offers better salary-to-cost value than Bulgaria on the Gera EU Value Index (94.9 vs 82, a 12.9-point gap, EU≈100). Bulgaria pays €11,881 net a year versus €22,844 in Cyprus; cost-of-living indices are 58.7 and 97.5. Figures from Eurostat (earnings & price levels).

Source:Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage·as of 2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living)updated annually (Eurostat earnings & price levels) (last: )
Gera EU Value IndexCyprus 94.9 vs Bulgaria 82Cyprus offers better salary-to-cost value, a 12.9-point gap. EU median 94.9.How this index is calculated

Bulgaria vs Cyprus — head to head

Bulgaria vs Cyprus — salary & cost of living (Eurostat)
MetricBulgariaCyprus
Net annual take-home pay€11,881 (лв23,237 BGN)€22,844
PPS earnings index (EU=100)42.4102.7
Cost of living (EU=100)58.797.5
Gera EU Value Index8294.9
EU value rank (of 27)#19#14

Compare your salary in Bulgaria and Cyprus

Index your take-home pay against the EU norm in both

How far does your salary go in the EU?

Enter a net (take-home) salary and pick two EU countries. We index it against the EU norm using the same real Eurostat earnings and cost-of-living figures behind the Gera EU Value Index.

MetricBulgariaAustria
Your salary, locally€35,000 (лв68,454 BGN)€35,000
Salary value vs EU norm241.5120.4
Local cost of living (EU=100)58.7117.8
Typical local net pay€11,881€35,824
Gera EU Value Index82 (#19)123.2 (#2)

On €35,000 a year, your salary stretches further in Bulgaria — a value index of 241.5 against the EU norm of 100, because its cost of living is 58.7 (EU=100). The same salary indexes 241.5 in Bulgaria and 120.4 in Austria. The Gera EU Value Index median is 94.9.

Full value report for Bulgaria

Bulgaria vs Cyprus — FAQ

Is Bulgaria or Cyprus better value to live in?
Cyprus offers better salary-to-cost value on the Gera EU Value Index (94.9 vs 82, EU≈100, 2024). Bulgaria pays €11,881 net a year and Cyprus €22,844; their cost-of-living indices are 58.7 and 97.5. Figures from Eurostat.
Where is the salary higher — Bulgaria or Cyprus?
Cyprus has the higher net annual take-home pay at €22,844 versus €11,881 in Bulgaria, for a single person at 100% of the average wage (Eurostat earn_nt_net, 2024). A higher salary does not always mean better value once cost of living is taken into account.
Where is the cost of living lower — Bulgaria or Cyprus?
Bulgaria has the lower cost of living, with a Gera EU Cost Index of 58.7 versus 97.5 (EU average ≈ 100), built from Eurostat price levels and household energy prices.

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Contains public sector information published by Eurostat (European Commission) and licensed under the Eurostat reuse policy (© European Union — free reuse with attribution). Source: Eurostat — Net annual earnings (earn_nt_net), single person at 100% of average wage (2024 (earnings) · 2024 price levels / 2025-S2 energy (cost of living), published 2025 (Eurostat earnings release)).