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

By Betsy Burlingame

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Summary: Understanding the the cost of living in Paralimni 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 Paralimni
Apartment Rentals Rent for a one-bedroom apartment in the city center can range from €400 to €800 per month, while a three-bedroom apartment can range from €600 to €1,200 per month.
Apartment Purchases The cost of purchasing an apartment in Paralimni can range from €50,000 to €200,000 depending on the size and location.
Transportation Public transportation in Paralimni is relatively inexpensive. A single bus ticket costs €1.50, while a monthly pass costs €30. Taxis are also available and the cost of a ride is usually around €10.
Groceries The cost of groceries in Paralimni is relatively low. A loaf of bread costs around €1.50, a liter of milk costs €1.20, and a dozen eggs costs €2.50.
Restaurants The cost of eating out in Paralimni is relatively affordable. A meal at a mid-range restaurant for two people costs around €30, while a three-course meal for two at a high-end restaurant costs around €60.
Utilities The cost of utilities in Paralimni is relatively low. The average monthly cost for electricity, heating, water, and garbage for a 915 sq. ft. apartment is around €50.
Private School Tuition The cost of private school tuition in Paralimni varies depending on the school. Preschool tuition can range from €2,000 to €3,000 per year, while elementary school tuition can range from €3,000 to €5,000 per year. Middle school tuition can range from €4,000 to €7,000 per year, and high school tuition can range from €5,000 to €10,000 per year.

Monthly Budget for Retirees in Paralimni

"The cost of living in Paralimni is considered to be relatively affordable compared to other European countries. 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 Paralimni are priced fairly, with local markets offering fresh produce at lower costs. Dining out in inexpensive restaurants is quite affordable, while a three-course meal for two in a mid-range restaurant can be a bit more expensive. Public transportation in Paralimni is relatively cheap, and the cost of gasoline is on par with the European average. Health care in Paralimni is of good quality and is reasonably priced. Overall, the cost of living in Paralimni is lower than in many other parts of Cyprus, making it an attractive place for both locals and expats. However, it's important to note that salaries and wages in Paralimni are also generally lower than in other parts of the country," said one expat living in Paralimni.

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

"I've been living in Paralimni for a while 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 place to live. I recommend looking for apartments in neighborhoods like Deryneia or Sotira, where you can find a decent one-bedroom apartment for around $500-$600 a month. Avoid areas like Protaras or Ayia Napa, as they are more expensive due to their proximity to the beach and tourist attractions.Next, you'll need to be mindful of your utility bills. Electricity and water can be quite expensive in Cyprus, so try to conserve energy by using energy-efficient appliances and being conscious of your water usage. You can expect to spend around $100-$150 a month on utilities, depending on your usage.Groceries can also be a bit pricey, but if you shop at local markets and avoid imported goods, you can keep your food expenses to around $300-$400 a month. Eating out can be affordable if you stick to local taverns and avoid touristy areas, but try to limit dining out to a few times a month to save money.Transportation costs can vary depending on your needs. If you have a car, you'll need to factor in fuel costs, insurance, and maintenance. Gas prices in Cyprus are relatively high, so you might want to consider using public transportation or even biking if possible. A monthly bus pass costs around $50, which can be a significant saving compared to owning a car.Lastly, you'll need to budget for entertainment and miscellaneous expenses. This is where you'll have to make some sacrifices. You might not be able to afford frequent trips to the beach or nights out at bars and clubs. Instead, try to find free or low-cost activities like hiking, visiting local parks, or attending community events.Overall, living on $1,500 a month in Paralimni is doable, but you'll need to be mindful of your spending and make some sacrifices. By choosing an affordable neighborhood, conserving utilities, and finding low-cost entertainment options, you can make it work and still enjoy your time in Cyprus," commented an expat living in Paralimni.

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

"I've been living in Paralimni 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 some sacrifices to make it work. For example, you might need to choose a smaller apartment or house than you're used to, or you might need to cut back on eating out at fancy restaurants.In terms of neighborhoods, I'd recommend looking for a place to live in the more affordable areas like Kapparis or Pernera. These neighborhoods are still close to the beach and have a good selection of shops and restaurants, but the cost of living is generally lower than in the more expensive areas like Protaras or Ayia Napa. You can find a decent two-bedroom apartment in Kapparis or Pernera for around $800 to $1,000 a month, which should leave you with plenty of money for other expenses.One of the sacrifices you might have to make is not living right on the beach, as beachfront properties tend to be more expensive. However, you can still find a place within walking distance to the beach, and the public transportation system in Paralimni is pretty good, so you can easily get around without a car if you need to.Another thing to consider is that while there are plenty of modern amenities in Paralimni, you might not have access to all the same things you're used to back home. For example, you might not be able to find all your favorite brands at the grocery store, or you might have to get used to a different healthcare system. However, I've found that these adjustments are relatively minor and easy to get used to.Overall, I think it's definitely possible to live comfortably in Paralimni on $3,000 a month, as long as you're willing to make a few sacrifices and adjust your lifestyle a bit. The cost of living is generally lower than in many other European countries, and the quality of life is quite high, with beautiful beaches, great weather, and a friendly, welcoming community," said one expat living in Paralimni.

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

"I've been living in Paralimni 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. However, you might have to make a few sacrifices to make it work. For example, you might not be able to afford a luxurious villa in the most expensive neighborhoods, but you can still find a nice apartment or house in a more affordable area.One of the more affordable neighborhoods in Paralimni is the area around the town center. Here, you can find a variety of apartments and houses at reasonable prices. You'll also be close to shops, restaurants, and other amenities, which is a plus. On the other hand, if you're looking for something more upscale, you might want to consider the neighborhoods near the coast, such as Kapparis or Protaras. These areas tend to be more expensive, but they offer beautiful views and easy access to the beach.In terms of other expenses, you'll find that groceries, utilities, and transportation are generally quite affordable in Paralimni. Eating out can be a bit more expensive, especially if you're used to dining at high-end restaurants, but there are plenty of more affordable options as well. You might have to cut back on some of your more extravagant habits, like frequent spa visits or shopping sprees, but overall, I think you'll find that living in Paralimni on $5,000 a month is quite doable.One thing to keep in mind is that if you're planning to work remotely, you'll want to make sure you have a reliable internet connection. While internet service in Paralimni is generally good, it can be a bit slower than what you might be used to in a larger city. You might also want to invest in a backup power source, as power outages can occasionally occur.Overall, I think you'll find that living in Paralimni on $5,000 a month is a great way to enjoy the beautiful island of Cyprus without breaking the bank. You might have to make a few sacrifices, but the quality of life here is definitely worth it," commented an expat living in Paralimni.

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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