According to preliminary data from the Statistical Service of Cyprus, the average gross monthly wage for employees in the second quarter of 2026 reached 2,548 euros. This is 3% higher than in the same period of 2025, when the figure stood at 2,475 euros.
However, the pace of wage growth has slowed. In the second quarter of 2026, the year-over-year increase was 3%, whereas in the first quarter it was 4%, and in the second quarter of 2025, it was 4.2%.
Excluding seasonal fluctuations, the average salary in the first quarter of 2026 was 2,604 euros, while in the second quarter it fell to 2,548 euros. However, after seasonal adjustment, the figure actually rose by 0.6%—from 2,648 to 2,663 euros.
For comparison: quarterly growth in the seasonally adjusted wage was 0.8% in the first quarter of 2026 and 1.1% in the second quarter of 2025. At that time, the seasonally adjusted average stood at 2,578 euros.
Women’s Earnings Are Growing Faster Than Men’s
In the second quarter of 2026, the average gross monthly wage for men in Cyprus was 2,708 euros, compared to 2,653 euros a year earlier. Thus, it increased by 2.1% over the year. Women’s earnings rose more significantly: from 2,252 to 2,345 euros, or by 4.1%.
In the first quarter of 2026, the average salary for men was €2,779, an increase of 3.7% over the year. For women, the figure reached €2,380, with an annual growth rate of 4.3%.
In the second quarter of 2025, the annual rate of wage growth was the same for men and women in terms of direction but differed in magnitude: 3.7% for men and 4.8% for women.
Adjusted for seasonal fluctuations, men’s wages rose by 0.3% in the second quarter of 2026 compared to the previous quarter—from 2,816 to 2,825 euros. For women, the increase was 1%: from 2,434 to 2,458 euros.
In the first quarter of 2026, the quarterly growth in adjusted wages was 0.6% for men and 1% for women. In the second quarter of 2025, it reached 1.1% for both groups. At that time, the adjusted average salary was 2,754 euros for men and 2,359 euros for women.
How Much Do Workers Earn in Cyprus
The distribution of workers by income level shows that the largest group consists of people earning between 1,500 and 2,999 euros. This group accounts for 41.4% of all workers.
Another 33.6% earn less than 1,500 euros per month. Salaries ranging from 3,000 euros to 4,499 euros are earned by 13.1% of workers, while those earning between 4,500 euros and 5,999 euros make up 6.3%. 5.6% earn at least 6,000 euros.
There are also noticeable differences between men and women. Among men, 30.8% earn less than 1,500 euros, while 42.7% earn between 1,500 and 2,999 euros. The groups with salaries ranging from 3,000 to 4,499 euros and from 4,500 to 5,999 euros account for 13.2% and 6.3%, respectively. Another 7.1% of men earn 6,000 euros or more.
Among women, the proportion earning less than 1,500 euros is higher—37.2%. 39.7% earn between 1,500 and 2,999 euros, 12.9% earn between 3,000 and 4,499 euros, and 6.5% earn between 4,500 and 5,999 euros. 3.7% of women earn 6,000 euros or more.
Salaries of Cypriots and Foreign Workers
The statistics also show significant differences in income distribution based on citizenship.
Among Cypriot workers, the most common income bracket is between 1,500 and 2,999 euros, accounting for 45.5%. Twenty-seven percent of Cypriots earn less than 1,500 euros. Sixteen percent earn between 3,000 and 4,499 euros, 7.2% earn between 4,500 and 5,999 euros, and 4.3% earn 6,000 euros or more.
Among workers who are not Cypriot citizens, the situation is different: 46.3% earn less than 1,500 euros. Thirty-three point six percent earn between 1,500 and 2,999 euros, 7.4% earn between 3,000 and 4,499 euros, and 4.7% earn between 4,500 and 5,999 euros. Meanwhile, the share of workers with an income of 6,000 euros or more is 8.1%.
Differences also persist when comparing men and women separately. Among Cypriot men, 22.4% earn less than 1,500 euros, while among foreign men, the figure is 44.1%. In the category ranging from 1,500 euros to 2,999 euros, the figures are 48.1% and 34.1%, respectively.
Income ranging from 3,000 to 4,499 euros is earned by 16.9% of Cypriot men and 7.1% of foreign men. In the range of 4,500 to 5,999 euros, the figures are 7.2% and 4.8%, respectively. 5.4% of Cypriot men and 9.9% of foreign men earn 6,000 euros or more.
Among Cypriot women, 31.9% earn less than 1,500 euros, while among foreign women, the figure is 49.9%. 42.6% and 32.7%, respectively, earn between 1,500 and 2,999 euros.
In the category ranging from 3,000 to 4,499 euros, 15% of Cypriot women and 7.8% of foreign women fall into this bracket. Incomes ranging from 4,500 to 5,999 euros are earned by 7.3% and 4.5%, respectively. 3.2% of Cypriot women and 5.1% of foreign women earn a salary of 6,000 euros or more.