Limassol, Cyprus
Cyprus's dynamic second city and main port, a cosmopolitan hub with a vibrant marina, a thriving business and tech scene, and a beautiful long seafront promenade.
Above Average vs Cyprus Avg (100)
Above Average
Household income
Job market health
Limassol vs Cyprus Average
Taxes
- Income Tax: 35.0%
- VAT: 19.0%
Economy & Jobs
- Median Income: €32,000
- Unemployment: 4.5%
- Population: 183,658
Climate
- Sunny Days: 310/year
- Summer High: 90°F
- Winter Low: 46°F
Housing
- Median Home: €350,000
- 1BR Rent: €900/mo
Cost of Living
Limassol's cost of living index is 110 (Cyprus average = 100).
| Category | Limassol | National Average | Difference |
|---|---|---|---|
| Overall | 110 | 100 | +10.0% |
| Housing | 130 | 100 | +30.0% |
Data source: CYSTAT / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €350,000 |
| Median Rent (1BR) | €900/mo |
| Median Rent (2BR) | €1,125/mo |
| Price per Sq Ft | €233 |
Data source: Bazaraki.com / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Limassol:
| 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 Limassol
The heart of the city with restaurants, shops, and entertainment. Average rent: €1,080/mo.
Limassol Heights
Trendy area with local businesses and a mix of historic and modern housing. Average rent: €990/mo.
East Limassol
Up-and-coming neighborhood with new developments and young professionals. Average rent: €810/mo.
West Limassol
Family-friendly area with parks and good schools. Average rent: €855/mo.
Remote Work Score
Limassol scores —/100 for remote work readiness:
Climate
Limassol 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 4.5%.
Crime & Safety
Crime rates in Limassol 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 Limassol, Cyprus?
The cost of living index in Limassol is 110, which is Higher the Cyprus national average of 100.
How much does it cost to buy a home in Limassol?
The median home price in Limassol is €350,000. The housing index is 130.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Limassol is approximately €900/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 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.