Skyline of Limassol
Cost of Living: 98 183,000

Limassol, Cyprus

Cyprus' second-largest city and its main economic hub, a dynamic coastal metropolis known for its marina, wine region, and vibrant nightlife.

Updated August 30, 2026

Overview

Limassol is a city in Limassol District with a population of 183,000. Cyprus’ second-largest city and its main economic hub, a dynamic coastal metropolis known for its marina, wine region, and vibrant nightlife. Housing costs are close to the national average. Gardening thrives here — the 6b 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

Cost of Living 98

Below Average vs Cyprus Avg (100)

Housing Index 105

Above Average

Median Income €30,000

Household income

Unemployment 4.8%

Job market health

Limassol vs Cyprus Average

Cost of Living
Limassol: 98
Cyprus Avg: 100
Housing Index
Limassol: 105
Cyprus Avg: 100
State Income Tax
Limassol: 35%

Taxes

  • State Income Tax: 35.0%
  • Sales Tax: 19.0%

Economy & Jobs

  • Median Income: €30,000
  • Unemployment: 4.8%
  • Population: 183,000

Climate

  • Sunny Days: 310/year
  • Summer High: 93°F
  • Winter Low: 45°F
  • Farming Zone: USDA Zone 6b

Housing

  • Median Home: €270,000
  • 1BR Rent: €750/mo

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Cost of Living

Limassol's cost of living index is 98 (Cyprus average = 100).

CategoryLimassolNational AverageDifference
Overall98100-2.0%
Housing105100+5.0%

Data source: CYSTAT / Numbeo, 2026

Housing Market

MetricValue
Median Home Price€270,000
Median Rent (1BR)€750/mo
Median Rent (2BR)€938/mo
Price per Sq Ft€180

Data source: Bazaraki.com / Numbeo, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

€
%
$90,000 down
%
%
€

Utilities

Estimated monthly utility costs for a typical household in Limassol:

UtilityEstimated Monthly CostNotes
Electricity€100
Heating & Cooling€8Estimated based on local climate.
Cooling (AC)€35Estimated based on local climate and electricity rates
Water€30Includes sewer
Internet (100+ Mbps)€35Broadband average
Garbage / TrashIncluded in taxesMunicipal service (covered by property taxes)
Total Utilities€208Monthly estimate (including heating & cooling)

Data sources: CERA, EAC, Cyta 2025

Remote Work Score

Limassol scores —/100 for remote work readiness:

Cost of Living
— 98
Rent
— €750
Sunny Days
— 310
Tax
— 35%
Unemployment
— 4.8%
Climate
— 93°F / 45°F
Safety
— 0.6 homicides/100k
Population
— 183,000
Internet Speed
— 80 Mbps

Climate

Limassol has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January65°F45°F2.5"
April78°F60°F2.8"
July93°F68°F1.5"
October73°F63°F2.2"
USDA Zone 6b

Cool to mild — apples, pears, berries, many vegetables

Natural Hazards

Limassol faces the following natural hazards:

Wildfire High Risk

Mediterranean island with frequent wildfires.

Drought High Risk

Frequent drought conditions.

Heat Wave High Risk

Extreme summer heat.

Tsunami Moderate Risk

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 4.8%.

Schools & Education

Total Schools

Academic Schedule

School Hours 8:00 AM – 2:00 PM
Academic Year September to June
Term System Semester — Fall (Sep-Jan), Spring (Feb-Jun)
Summer Break June to September (12 weeks)
Winter Break December to January (2 weeks)
Spring Break March/April (1-2 weeks)

Standard academic calendar.

Demographics

The population of Limassol is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Greek Cypriot
77.0%
Other
5.0%
Turkish Cypriot
18.0%

Education

Bachelor's degree or higher
30.0%
High school graduate
30.0%
Less than high school
20.0%
Some college
20.0%

Religion

Christian (Orthodox)
78.0%
Muslim
18.0%
Other
2.0%
Unaffiliated
2.0%

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 Limassol, Cyprus?

The cost of living index in Limassol is 98, which is Lower the Cyprus national average of 100.

How much does it cost to buy a home in Limassol?

The median home price in Limassol is €270,000. The housing index is 105.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Limassol is approximately €750/mo.

Does Limassol, LI have income tax?

Limassol is in LI, which has an income tax rate of 35%.

What is the climate like in Limassol?

Limassol enjoys approximately 310 sunny days per year. Summer highs reach around 93°F, while winter lows can drop to around 45°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.