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Expat Exchange - Cost of Living in Paphos 2024
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Cost of Living in Paphos

By Betsy Burlingame

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Summary: Understanding the the cost of living in Paphos helps a newcomer what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Cost of Living Paphos
Apartment Rentals Rent for a one-bedroom apartment in the city center can range from €400 to €800 per month. Rent for a three-bedroom apartment in the city center can range from €800 to €1,500 per month. Rent for a one-bedroom apartment outside the city center can range from €300 to €600 per month. Rent for a three-bedroom apartment outside the city center can range from €600 to €1,000 per month.
Apartment Purchases The cost of purchasing an apartment in Paphos can range from €100,000 to €500,000 depending on the size and location.
Transportation Public transportation in Paphos is relatively inexpensive. A single bus ticket costs €1.50 and a monthly pass costs €30. Taxis are also available and the cost of a ride within the city center is usually around €10.
Groceries The cost of groceries in Paphos is relatively low. A loaf of bread costs around €1.50, a liter of milk costs around €1.50, and a dozen eggs costs around €2.50.
Restaurants The cost of eating out in Paphos is relatively low. A meal at a mid-range restaurant for two people costs around €30. A three-course meal for two people at a high-end restaurant costs around €60.
Utilities The cost of utilities in Paphos is relatively low. The average cost of electricity, heating, water, and garbage for a 915 sq. ft. apartment is around €100 per month.
Private School Tuition The cost of private school tuition in Paphos varies depending on the school. Preschool tuition can range from €2,000 to €4,000 per year. Elementary school tuition can range from €3,000 to €6,000 per year. Middle school tuition can range from €4,000 to €8,000 per year. High school tuition can range from €5,000 to €10,000 per year.

Monthly Budget for Retirees in Paphos

"The cost of living in Paphos is considered to be relatively affordable compared to other European cities. Rent for a one-bedroom apartment in the city center is moderately priced, while outside the city center, it is significantly cheaper. The cost of utilities such as electricity, heating, cooling, water, and garbage is also quite reasonable. Groceries in Paphos are priced moderately with local markets offering fresh produce at lower prices. Eating out at an inexpensive restaurant is quite affordable, while a three-course meal for two people at a mid-range restaurant can be a bit more expensive. Public transportation in Paphos is relatively cheap, with monthly passes available at a reasonable price. Gasoline prices are a bit high, similar to the rest of Europe. Healthcare in Paphos is of good quality and is reasonably priced. Private health insurance is also available at a moderate cost. Overall, the cost of living in Paphos is lower than in many other European cities, making it an attractive destination for expats and retirees," said one expat living in Paphos.

Can I live in Paphos on $1,500 a month?

"I've been living in Paphos for a few years now, and I can tell you that it's possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. First, you'll need to find an affordable neighborhood to live in. I recommend looking at areas like Chloraka, Kissonerga, or Peyia. These neighborhoods are a bit further from the city center, but they offer more affordable housing options. You can find a decent one or two-bedroom apartment for around $500-$700 a month.On the other hand, I would avoid neighborhoods like Kato Paphos or Coral Bay, as they tend to be more expensive due to their proximity to the beach and tourist attractions. Rent in these areas can easily go up to $1,000 a month or more for a one-bedroom apartment.As for other expenses, you'll need to be mindful of your spending on groceries, utilities, and transportation. Groceries can be relatively affordable if you shop at local markets and avoid imported goods. I usually spend around $300 a month on groceries for myself. Utilities, including electricity, water, and internet, can cost around $150 a month, depending on your usage.Public transportation in Paphos is not very reliable, so you might want to consider getting a used car or a scooter to get around. This will add to your monthly expenses, but it's worth it for the convenience. I bought a used scooter for around $1,000, and I spend about $50 a month on gas.Eating out and entertainment can be quite expensive in Paphos, especially in the touristy areas. To save money, I usually cook at home and only go out for special occasions. There are also plenty of free or low-cost activities to do in Paphos, like hiking, visiting archaeological sites, or going to the beach.In conclusion, living comfortably on $1,500 a month in Paphos is possible, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, being conscious of your grocery and utility expenses, and limiting your entertainment spending, you can make it work," commented an expat living in Paphos.

Can I live in Paphos on $3,500 a month?

"I've been living in Paphos for a few years now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. However, you might have to make a few sacrifices to make it work. For example, you might not be able to dine out at fancy restaurants as often as you'd like, or you might have to cut back on some of your more expensive hobbies.When it comes to finding a place to live, there are some affordable neighborhoods that you should consider. Chloraka, for example, is a nice area with a mix of locals and expats, and you can find a decent apartment for around $600-$800 a month. Another option is Kissonerga, which is a bit more upscale but still relatively affordable, with rents ranging from $800-$1,200 a month.On the other hand, there are some more expensive neighborhoods that you might want to avoid if you're trying to stick to a $3,000 a month budget. Coral Bay, for example, is a beautiful area with stunning views and luxury villas, but the cost of living there can be quite high. The same goes for the Kato Paphos area, which is popular with tourists and has a lot of high-end shops and restaurants.In terms of transportation, owning a car can be quite expensive in Cyprus due to high import taxes, so you might want to consider using public transportation or even getting a scooter to get around. This will not only save you money but also help you avoid the sometimes hectic traffic in Paphos.Groceries and other everyday expenses can also add up, so it's a good idea to shop at local markets and discount stores to save money. You'll find that fresh produce is quite affordable in Cyprus, especially if you buy it in season.Overall, living in Paphos on a $3,000 a month budget is definitely doable, but you'll need to be mindful of your spending and make some sacrifices in order to make it work. But with the beautiful weather, friendly locals, and stunning scenery, I think you'll find that it's well worth it," said one expat living in Paphos.

Can I live in Paphos on $5,000 a month?

"I've been living in Paphos for a few years now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, even if you're used to modern amenities. Of course, you might have to make a few sacrifices, but overall, it's a great place to live.First, let's talk about housing. If you want to save money, I'd recommend looking for a place in the suburbs, like Chloraka or Kissonerga. These areas are more affordable, and you can still find nice, modern apartments or houses. If you're willing to spend a bit more, you can look into neighborhoods like Kato Paphos or Coral Bay, which are closer to the beach and have more amenities, but they can be more expensive.For transportation, you can either buy a car or rely on public transportation. If you choose to buy a car, keep in mind that gas prices can be high, so you might want to consider a fuel-efficient vehicle. Public transportation is relatively cheap, but it might not be as convenient as having your own car, especially if you live in the suburbs.When it comes to groceries and eating out, you'll find that prices are generally lower than in many other European countries. Local markets are a great place to buy fresh produce at a lower cost, and there are plenty of affordable restaurants and cafes to choose from. Of course, if you want to dine at high-end restaurants or buy imported goods, you'll have to be prepared to spend more.As for entertainment and leisure activities, there are plenty of options in Paphos. You can enjoy the beach, visit historical sites, or take part in outdoor activities like hiking and cycling. Some of these activities might require a small entrance fee, but overall, they're quite affordable.In terms of sacrifices, you might have to give up some of the luxury items or experiences you're used to, like shopping at high-end stores or going to fancy restaurants. However, I think you'll find that the quality of life in Paphos is still excellent, and there's plenty to enjoy on a budget of $5,000 a month," commented an expat living in Paphos.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


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