Famagusta, Cyprus
A historic city on the eastern coast with a stunning Venetian walled city, the Gothic St. Nicholas Cathedral, and the famous ghost town of Varosha.
Overview
Famagusta is a city in Famagusta District with a population of 40,920. A historic city on the eastern coast with a stunning Venetian walled city, the Gothic St. Nicholas Cathedral, and the famous ghost town of Varosha. Housing costs are close to the national average. The overall cost of living is below the national average. Gardening thrives here — the 6a growing zone supports Cool to mild — apples, pears, berries, many vegetables. The city enjoys abundant sunshine, with about 310 sunny days a year. Reported crime rates are relatively low.
Last updated: August 30, 2026
Below Average vs Cyprus Avg (100)
Affordable
Household income
Job market health
Famagusta vs Cyprus Average
Taxes
- State Income Tax: 35.0%
- Sales Tax: 19.0%
Economy & Jobs
- Median Income: €22,000
- Unemployment: 6.0%
- Population: 40,920
Climate
- Sunny Days: 310/year
- Summer High: 92°F
- Winter Low: 44°F
- Farming Zone: USDA Zone 6a
Housing
- Median Home: €180,000
- 1BR Rent: €550/mo
Cost of Living
Famagusta's cost of living index is 85 (Cyprus average = 100).
| Category | Famagusta | National Average | Difference |
|---|---|---|---|
| Overall | 85 | 100 | -15.0% |
| Housing | 88 | 100 | -12.0% |
Data source: CYSTAT / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €180,000 |
| Median Rent (1BR) | €550/mo |
| Median Rent (2BR) | €688/mo |
| Price per Sq Ft | €120 |
Data source: Bazaraki.com / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Famagusta:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €100 | |
| Heating & Cooling | €9 | Estimated based on local climate. |
| Cooling (AC) | €27 | Estimated based on local climate and electricity rates |
| Water | €30 | Includes sewer |
| Internet (100+ Mbps) | €35 | Broadband average |
| Garbage / Trash | Included in taxes | Municipal service (covered by property taxes) |
| Total Utilities | €201 | Monthly estimate (including heating & cooling) |
Data sources: CERA, EAC, Cyta 2025
Remote Work Score
Famagusta scores —/100 for remote work readiness:
Climate
Famagusta has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 64°F | 44°F | 2.5" |
| April | 77°F | 59°F | 2.8" |
| July | 92°F | 67°F | 1.5" |
| October | 72°F | 62°F | 2.2" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
Famagusta faces the following natural hazards:
Mediterranean island with frequent wildfires.
Frequent drought conditions.
Extreme summer heat.
Island with tsunami risk.
Based on historical records and geographic risk assessment.
Taxes
- State Income Tax: 35%
- Sales Tax: 19%
- Property Tax: ~0.3% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 6.0%.
Crime & Safety
Crime rates in Famagusta per 100,000 residents:
City-level crime data is not available for this location. The figure shown is the national average, which may differ significantly from actual conditions in this city.
Data source: Eurostat
Schools & Education
Academic Schedule
Standard academic calendar.
Demographics
The population of Famagusta is diverse. The figures below show the ethnic, educational, and religious composition of the local population.
Ethnicity
Education
Religion
City-level demographic data is not available for this location. The figures shown are national averages, which may differ from actual conditions in this city.
Data source: Statistical Service of Cyprus (2021)
Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.
Frequently Asked Questions
What is the cost of living in Famagusta, Cyprus?
The cost of living index in Famagusta is 85, which is Lower the Cyprus national average of 100.
How much does it cost to buy a home in Famagusta?
The median home price in Famagusta is €180,000. The housing index is 88.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Famagusta is approximately €550/mo.
Does Famagusta, FA have income tax?
Famagusta is in FA, which has an income tax rate of 35%.
What is the climate like in Famagusta?
Famagusta enjoys approximately 310 sunny days per year. Summer highs reach around 92°F, while winter lows can drop to around 44°F.
Data Sources
- Cost of Living: CYSTAT / Numbeo, 2026
- Housing Data: Bazaraki.com / Numbeo, 2026
- Income & Employment: CYSTAT Labour Force Survey, 2024
- Utilities CERA, EAC, Cyta 2025
Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.