Kyrenia, Cyprus
A stunning harbor town on the northern coast, dominated by a Byzantine castle, with a picturesque waterfront, a historic shipwreck museum, and beautiful mountain views.
Below Average vs Cyprus Avg (100)
Above Average
Household income
Job market health
Kyrenia vs Cyprus Average
Taxes
- Income Tax: 35.0%
- VAT: 19.0%
Economy & Jobs
- Median Income: €24,000
- Unemployment: 5.0%
- Population: 33,000
Climate
- Sunny Days: 310/year
- Summer High: 90°F
- Winter Low: 46°F
Housing
- Median Home: €260,000
- 1BR Rent: €700/mo
Cost of Living
Kyrenia's cost of living index is 95 (Cyprus average = 100).
| Category | Kyrenia | National Average | Difference |
|---|---|---|---|
| Overall | 95 | 100 | -5.0% |
| Housing | 105 | 100 | +5.0% |
Data source: CYSTAT / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €260,000 |
| Median Rent (1BR) | €700/mo |
| Median Rent (2BR) | €875/mo |
| Price per Sq Ft | €173 |
Data source: Bazaraki.com / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Kyrenia:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €80 | Based on ~3,500 kWh/year typical Cypriot household usage |
| Heating & Cooling | €7 | Estimated based on local climate. electric or gas heating |
| Cooling (AC) | €18 | Estimated based on local climate and electricity rates |
| Water | €30 | Includes sewer |
| Internet (100+ Mbps) | €40 | Broadband average |
| Garbage / Trash | €20 | Private service |
| Total Utilities | €195 | Monthly estimate (including heating & cooling) |
Data sources: CERA, EAC, Cyta 2025
Best Neighborhoods
Downtown Kyrenia
The heart of the city with restaurants, shops, and entertainment. Average rent: €840/mo.
Kyrenia Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: €770/mo.
East Kyrenia
Up-and-coming neighborhood with new developments and young professionals. Average rent: €630/mo.
West Kyrenia
Family-friendly area with parks and good schools. Average rent: €665/mo.
Remote Work Score
Kyrenia scores —/100 for remote work readiness:
Climate
Kyrenia has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 66°F | 46°F | 2.5" |
| April | 75°F | 61°F | 2.8" |
| July | 90°F | 65°F | 1.5" |
| October | 70°F | 64°F | 2.2" |
Taxes
- Income Tax: 35%
- VAT: 19%
- Property Tax: ~0.5% of assessed value
Economy & Jobs
Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 5.0%.
Crime & Safety
Crime rates in Kyrenia 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
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 Kyrenia, Cyprus?
The cost of living index in Kyrenia is 95, which is Lower the Cyprus national average of 100.
How much does it cost to buy a home in Kyrenia?
The median home price in Kyrenia is €260,000. The housing index is 105.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Kyrenia is approximately €700/mo.
Does Kyrenia, KY have income tax?
Kyrenia is in KY, which has an income tax rate of 35%.
What is the climate like in Kyrenia?
Kyrenia enjoys approximately 310 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 46°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: July 19, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.