Limassol, Cyprus. Limassol remains the highest-cost city in Cyprus, driven mainly by sustained pressure on housing, according to Numbeo cost-of-living data compiled over the past year. The January 2026 update places Limassol ahead of Nicosia, Paphos and Larnaca across most major spending categories.
Numbeo dataset and overall ranking
The January 2026 update is based on 737 entries from 83 contributors. It ranks Limassol ahead of Nicosia, Paphos and Larnaca across most major spending categories, with higher prices also extending into restaurants, leisure and private services.
Rent as the largest household expense
Rent accounts for 32.2 per cent of monthly household spending in Limassol, the largest share among the four cities in Numbeo’s statistical model. In Nicosia, rent represents 27.9 per cent of household spending, compared with 29.3 per cent in Paphos and 26.4 per cent in Larnaca.
Rental prices across cities
In Limassol, a one-bedroom apartment in the city centre is listed at €1,338.64 per month, rising to €2,350.00 for a three-bedroom. Outside the centre, rents are listed at €1,147.22 for a one-bedroom and €1,743.48 for a three-bedroom.
In Nicosia, a centrally located one-bedroom apartment is priced at €664.55, while corresponding figures stand at €922.22 in Paphos and €862.62 in Larnaca.
Purchase prices per square metre
Apartments in central Limassol cost €4,536.49 per square metre, compared with €2,713.81 in Nicosia. Paphos and Larnaca are listed at €3,742.00 and €3,403.26 respectively.
Outside city centres, Limassol leads at €3,555.38 per square metre, while prices in the other three cities cluster closer to €1,900–€2,100.
Average monthly net salary
Average monthly net salary is highest in Limassol at €2,449.46, compared with €1,547.36 in Nicosia, €1,919.93 in Paphos and €1,594.57 in Larnaca.
How do housing costs in your city compare with the Numbeo figures for Limassol?