Cyprus is becoming a popular destination for students and professionals because of its safe environment, affordable living, and growing economy. One question many people ask is about salaries in Cyprus and how they compare to other European countries. Let’s look at the current pay scale and future salary trends.
Average Salaries in Cyprus
In 2023, the average monthly salary in Cyprus was around €2,200. By early 2025, it increased to over €2,500, showing healthy growth of around 5% in one year. This steady increase means the job market in Cyprus is improving and offering better opportunities for workers.
Salary Growth in the Last Two Years
Between 2023 and 2025, salaries in Cyprus grew by 13%. The median salary rose to about €1,900 per month. While the growth rate may slow slightly in the coming years, experts predict it will still rise by around 3% per year by 2026.
Minimum Wage in Cyprus
Cyprus has a national minimum wage of €900 per month for the first six months of employment and €1,000 per month after that. This is higher than many Eastern European countries but lower than in Western and Northern Europe.
Comparison with Other European Countries
- High Salary Countries: Luxembourg (€6,700/month), Denmark (€5,600), Ireland (€4,900), and Germany (€4,250) have much higher average salaries.
- Similar or Lower Salary Countries: Greece, Romania, and Bulgaria have lower or similar pay compared to Cyprus.
This means that while Cyprus salaries are lower than in Western Europe, they are competitive in the Mediterranean region and offer good value when combined with the country’s low cost of living.
Future Salary Outlook in Cyprus
The Cyprus job market is stable, and wages are expected to grow slowly but steadily. For students and young professionals, this means they can expect better opportunities and improved earnings over time. With the country also preparing to join the Schengen Zone, working and traveling in Europe may become easier in the near future.
Start Your Journey with Dependable Overseas
If you are planning to study and work in Cyprus, now is the perfect time. At Dependable Overseas, we offer a special Cyprus study abroad package starting at just ₹4.5 lakh.
Our package includes:
- Admission in recognized colleges
- Complete visa support
- Guidance on part-time job opportunities
- Pre-departure and post-arrival assistance
📞 Contact Dependable Overseas today and take the first step towards building your career in Cyprus while enjoying the benefits of studying in Europe.