Nicosia, Cyprus
Europe's last divided capital, a city where ancient Venetian walls meet modern boulevards, with a rich history spanning Byzantine, Lusignan, and Ottoman eras.
Overview
Nicosia is a city in Nicosia District with a population of 200,452. Europe’s last divided capital, a city where ancient Venetian walls meet modern boulevards, with a rich history spanning Byzantine, Lusignan, and Ottoman eras. Housing costs are close to 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 300 sunny days a year. Reported crime rates are relatively low.
Last updated: August 30, 2026
Below Average vs Cyprus Avg (100)
Above Average
Household income
Job market health
Nicosia vs Cyprus Average
Taxes
- State Income Tax: 35.0%
- Sales Tax: 19.0%
Economy & Jobs
- Median Income: €30,000
- Unemployment: 5.0%
- Population: 200,452
Climate
- Sunny Days: 300/year
- Summer High: 98°F
- Winter Low: 42°F
- Farming Zone: USDA Zone 6a
Housing
- Median Home: €280,000
- 1BR Rent: €800/mo
Cost of Living
Nicosia's cost of living index is 100 (Cyprus average = 100).
| Category | Nicosia | National Average | Difference |
|---|---|---|---|
| Overall | 100 | 100 | 0.0% |
| Housing | 110 | 100 | +10.0% |
Data source: CYSTAT / Numbeo, 2026
Housing Market
| Metric | Value |
|---|---|
| Median Home Price | €280,000 |
| Median Rent (1BR) | €800/mo |
| Median Rent (2BR) | €1,000/mo |
| Price per Sq Ft | €186 |
Data source: Bazaraki.com / Numbeo, 2026
True Cost of Home Ownership
Utilities
Estimated monthly utility costs for a typical household in Nicosia:
| Utility | Estimated Monthly Cost | Notes |
|---|---|---|
| Electricity | €100 | |
| Heating & Cooling | €10 | Estimated based on local climate. |
| Cooling (AC) | €66 | 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 | €241 | Monthly estimate (including heating & cooling) |
Data sources: CERA, EAC, Cyta 2025
Remote Work Score
Nicosia scores —/100 for remote work readiness:
Climate
Nicosia has a varied climate with distinct seasons.
| Month | Avg High | Avg Low | Rainfall |
|---|---|---|---|
| January | 62°F | 42°F | 2.5" |
| April | 83°F | 57°F | 2.8" |
| July | 98°F | 73°F | 1.5" |
| October | 78°F | 60°F | 2.2" |
Cool to mild — apples, pears, berries, many vegetables
Natural Hazards
Nicosia 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 5.0%.
Crime & Safety
Crime rates in Nicosia 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.
Universities & Higher Education
Data source: Center for World University Rankings (CWUR) & World Universities Database
Demographics
The population of Nicosia 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 Nicosia, Cyprus?
The cost of living index in Nicosia is 100, which is Lower the Cyprus national average of 100.
How much does it cost to buy a home in Nicosia?
The median home price in Nicosia is €280,000. The housing index is 110.
What is the average rent for a 1-bedroom apartment?
The average rent for a 1-bedroom apartment in Nicosia is approximately €800/mo.
Does Nicosia, NI have income tax?
Nicosia is in NI, which has an income tax rate of 35%.
What is the climate like in Nicosia?
Nicosia enjoys approximately 300 sunny days per year. Summer highs reach around 98°F, while winter lows can drop to around 42°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.