Cyprus, Nicosia

Country Full Name: Republic of Cyprus.

Location: Cyprus is an island in the Mediterranean Sea, south of Turkey.

Country Climate: Temperate; Mediterranean with hot, dry summers and cool winters.

Country Terrain: Central plain with mountains to north and south; scattered but significant plains along southern coast.

Major Languages: Greek, Turkish.

Major Religions: Christianity, Islam.

Population: 0.398 Mil (2012 est.).

Country Economy: The economy of Cyprus is dominated by the division of the country into the southern area controlled by the Cyprus Government and the northern Turkish Cypriot-administered area. The Greek Cypriot economy is a prosperous one. Cyprus has an open, free-market, service-based economy with some light manufacturing. The Cypriots are among the most prosperous people in the Mediterranean region. Internationally, Cyprus promotes its geographical location as a bridge between West and East, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.

Currency: Euro (EUR). Make an international currency transfer to Cyprus.

Inflation: 3.9% (2011 est.).

Nicosia, known locally as Lefkosia is the capital and largest city of Cyprus.

Nicosia is important commercially with many shops, two modern shopping malls, restaurants and entertainment. The city is a trade centre and manufactures textiles, leather, pottery, plastic, and other products. Copper mines are nearby. Nicosia is the seat of the University of Cyprus (UCY) and four other universities.

The cost of living in Nicosia in Cyprus is in the middle compared to other places. The overall cost of living is determined using the prices for defined quantities of the same goods and services across 13 Basket Groups. Nicosia in Cyprus is currently ranked 372 overall out of 780 places (rank 1 is most expensive: rank 780 is least expensive). The cost of living rank for each of the 13 Basket Groups is as follows:

Alcohol & Tobacco costs are low compared to other places for items such as alcohol at a bar, beer, locally produced spirit, whiskey, wine (where alcohol is legally sold) and tobacco related products. There are 499 places that are more expensive, and 280 places that are less expensive for alcohol and or tobacco.

Clothing costs are low compared to other places for items such as business suits, casual clothing, children's clothing, coats, evening wear, footwear, hats, shoe repairs and underwear. There are 583 places that are more expensive, and 196 places that are less expensive for clothing.

Communication costs are very low compared to other places for various communication costs such as call charges, home telephone rental, internet connection, mobile data costs, mobile phone contract and service provider fees. There are 750 places that are more expensive, and 29 places that are less expensive for communication.

Education costs are very low compared to other places for items such as creche / pre-school fees, primary school fees, high school fees and tertiary study fees. There are 733 places that are more expensive, and 46 places that are less expensive for education.

Furniture & Appliance costs are high compared to other places for items such as DVD player, fridge freezer, furniture, household equipment, iron, kettle, light bulbs, microwave, television, toaster, vacuum cleaner and washing machine. There are 196 places that are more expensive, and 583 places that are less expensive for furniture and appliances.

Grocery costs are high compared to other places for items such as baby consumables, baked goods, baking, canned foods, cheese, cleaning materials, cleaning products, dairy, fresh fruits, fresh vegetables, fruit juices, meat, oil & vinegars, pet food, pre-prepared meals, sauces, seafood, snacks, soft drinks, spices & herbs. There are 298 places that are more expensive, and 481 places that are less expensive for groceries.

Healthcare costs are low compared to other places for general healthcare, general practitioner consultation rates, healthcare/medical insurance, hospital private ward daily rate and non-prescription medicine. There are 547 places that are more expensive, and 232 places that are less expensive for healthcare.

Household Accommodation costs are average compared to other places for items such as accommodation, apartment, flat, house, villa, rent, electricity, household fuels, household gas, water, and local property rates / residential taxes / levies. There are 463 places that are more expensive, and 316 places that are less expensive for household accommodation.

Miscellaneous costs are high compared to other places for items such as dry cleaning, general goods, general services, linen, magazines, maid, newspapers, office supplies, postage stamps and stationery. There are 169 places that are more expensive, and 610 places that are less expensive for miscellaneous items.

Personal Care costs are low compared to other places for items such as cosmetics, hair care, moisturizer, nappies, pain relief tablets, shampoo, soap, sun block, toilet paper and toothpaste. There are 551 places that are more expensive, and 228 places that are less expensive for personal care.

Recreation and Culture costs are high compared to other places for items such as books, camera, cinema tickets, fitness/health club membership, sports goods and theatre tickets. There are 158 places that are more expensive, and 621 places that are less expensive for recreation and culture.

Restaurants, Meals Out and Hotel costs are very high compared to other places for items such as a business dinner, dinner at a family restaurant (non fast food), 4 star and 5 star hotel rates and take away meal (fast food). There are 30 places that are more expensive, and 749 places that are less expensive for restaurants, meals out and hotels.

Transport costs are high compared to other places for items such as car hire purchase, car insurance, car lease, car maintenance, car rental, car service, diesel, petrol, tyres and public transport. There are 191 places that are more expensive, and 588 places that are less expensive for transport.

Personalized cost of living indexes for Nicosia in Cyprus are based on the basket groups and comparison location(s) selected in the Calculators.

In terms of the hardship people are likely to experience, assessed in global terms, Nicosia in Cyprus is ranked as minimal hardship with a hardship index of 10%.

Personalized hardship index premiums for Nicosia in Cyprus are based on the comparison location(s) selected in the Calculators.

Note: Xpatulator.com data is updated quarterly. The latest update is as at 1 April 2012. Create a personalized cost of living comparison report using the calculators:
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