Cost of living in Larnaca in 2023

Стоимость жизни в Ларнаке в 2022 году
30 November 2022 Irina Starinskaia
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Larnaca, located on the southern coast of the island, 70 km from Limassol, is traditionally considered an inexpensive city in Cyprus. Let's go on a little trip to see if it's still affordable today.

Even 10 years ago, it was a quiet family place, where residents rarely left their homes in the evenings. Now it is a rapidly developing tourist city, which is full of life all year round.

Larnaca is still an affordable city to live in - you need only 2 thousand euros per month for a family of three to have a good life. If you want to enjoy all the benefits of the city's infrastructure, the average monthly budget of such a family should be about 3.5 thousand euros per month.

Real Estate in Larnaca

The most expensive is renting or buying a place to live. This year, prices have been rising, but still remained competitive compared to Limassol and Nicosia. Today Larnaca has properties for every budget. The price depends on the area, property class and its distance from the sea. A 1-bedroom apartment can be found for 100-120 thousand euros, a 2-bedroom apartment can cost 160-180 thousand euros, and a 3-bedroom apartment from 180 thousand euros.

You can rent a 1-bedroom apartment in the city for 700-900 euros, a 2-bedroom apartment for about 1 thousand euros, and a 3-bedroom apartment from 1.7 thousand euros.

At the same time, there are significantly fewer options for buying and renting in new houses today than in the buildings of the 'aging housing stock'. Thus, there is a big difference in prices. However, now the city is being actively built up, so in just a couple of years the market will be balanced.

When choosing a property, it is worth considering the energy efficiency of the building in order to save on heating and cooling the premises.

New buildings in Larnaca have an A and B energy certificate. This means that the electricity bills (which in the house of an old housing stock in the extreme season can reach 600 euros or more in a couple of months) can be halved.

Larnaca Transport

The island has a developed transport system, represented by comfortable and air-conditioned buses. They run around cities and connect most of all villages nearby.

The price of a one way ticket for Larnaca for an adult is 1.5 euros (2 euros if you pay by cash). At night, the fare is more expensive - 2.5 euros (3.5 by cash). For 5 euros you can buy a ticket for one whole day. The cost of a one-month pass for an adult is 40 euros. You can drive to Limassol from Larnaca and back for 7 euros, one way trip costs 4 euros. Students have a 50% discount for all trips. Kids under 6 can go for free.

It should be noted that the distances within the city are small.

If you have time and the weather is not too bad, you can walk from the Harbor to Mackenzie within 15-20 minutes. High school students can easily ride scooters and bicycles from Oroklini to the school in the city center.

But still, most Larnaca residents prefer to drive a private car. Because it's convenient. There are practically no traffic jams on the roads, and there are some parking areas.

You can rent a car (from 25 euros per day) or use the car sharing service (from 10 euros for 3 hours). A trip in a taxi within the city costs 6.5 - 11 euros.

Food

Larnaca has different categories of shops, including international chains, discount centers, farm shops and corners with national goods for expats. And, of course, there is the Metropolis shopping center with its underground parking zone.

An average bill in a restaurant in Larnaca (for two) is 30 euros. A cup of coffee or tea costs 2.5-3 euros. Now we are going to take pies from the best bakery in the city.

Or in Zorpas, because it is a little cheaper there, but no less tasty. And there is always freshly baked bread.

If you visit a discount store called Super Discount Store, you will be pleasantly surprised by the prices of healthy whole grain snacks, as well as local fruits and vegetables.

Locals usually don't drink tap water in Cyprus. They prefer to install a good filter instead. There are also many drinking water vending machines on the streets of Larnaca. This is not only cheap, but also protecting nature from the overuse of plastic.

Clothes

Many joke that clothes are not needed in Cyprus. Of course, this is not true. You will need at least good windbreakers and comfortable sneakers in winters.

For those who want to save money, Larnaca has second hand shops, a number of outlet stores and the Metropolis shopping center, where you can find clothes from most brands of the world mass market.

If you want something really exclusive, fashionistas order goods in online stores, or go shopping in Europe.

Children's education

Public schools in Cyprus are absolutely free for all children. Parents, wishing to send their child to a private one, have to pay a minimum of 3,000 euros per year for pre-school education, 5,000 euros per year for primary school education, and 7,000 euros per year for senior classes (12 years and above).

Read more about education in Larnaca in our new blog.

Additional classes for children in Larnaca cost an average of 50 euros per month per subject. The after school classes (Cyprus schools are open until about 13:00) costs 200 euros per month.

The municipality of Larnaca also has an open school, where education in each discipline will cost only 70 euros per year. Registration takes place annually in October.

Cultural events

The average ticket price for a cultural event in Larnaca varies from 20 to 40 euros. They don't take place very often. However, Cyprus is always preparing for some grandiose holiday: St. Valentine's Day, Easter, Kataklysmos.

Now the island breathes the Christmas air. Therefore, we are visiting the Public store to buy gadgets and books for friends and relatives.

As well as to Jumbo for New Year's decor and other inexpensive small things.

And then walk to Finikoudes, breathe fresh air and run away from the spray of waves along the Piyale Paşa embankment!!

Detailed information about all projects in Larnaca can be obtained from the specialists of the DOM real estate agency by phone +357 24 030062, or in person at: Agias Faneromenis 21, Faneromeni 6025, Larnaca, Cyprus.

Read also:

  1. TOP 8 projects that will change the face of Larnaca
  2. GESY General Health Care System in Cyprus
  3. Property management agreement in Cyprus
  4. Digital Nomad Visa in Cyprus for Non-EU Citizens
  5. Shopping in Larnaca: where to find the nearest grocery store?
  6. Education in Larnaca: kindergartens and schools
Source: DOM
Photos: DOM
Олег К
Олег К
3 December 2022 9:57
beautiful photos
И Гамолайя
И Гамолайя
3 December 2022 11:35
very beautiful
Кate B
Кate B
3 December 2022 11:44
the author uses his experience in the article
Esther V
Esther V
3 December 2022 11:52
I agree, because everything is so detailed
Esther V
Esther V
3 December 2022 11:54
class
Мария В
Мария В
3 December 2022 12:43
Oleg K writes:
beautiful photos
ok
Мария В
Мария В
3 December 2022 12:49
writes:
I agree, because everything is so detailed
ok
Мария В
Мария В
3 December 2022 12:49
Oleg K writes:
beautiful photos
ok
Place qoute
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Компания «Dom Real Estate» Контакты:
Адрес: Limassol, Cyprus,
Телефон:+357 25 212 212, Электронная почта: info@dom.com.cy