The Cost of Living in the North
The cost of living in the North of Cyprus. Notwithstanding the cultural, historical and natural treasures that North Cyprus has to offer, it may surprise you to learn that it is one of the least expensive places to live along the Mediterranean coast. Moreover, when compared to the cost of living in the UK it is, as Mr Kipling would say, “exceedingly good”.
And in North Cyprus not only will you savour a host of traditional desserts and pastries far superior to a barcode-cancelled Bakewell tart (that you’ve just devoured out of hunger rather than appreciation), your appetite will be whetted with a feast of mezes, meals and tasty morsels without fretting about a hefty bill (expect to pay just £10-£20pp for a restaurant meal including drinks or just a few pence for a bunch/bag of fruit from the local market).
North Cyprus falls outside the Eurozone (it uses the Turkish Lira), so prices are 30% or so cheaper than in the south of the island or other Euro-converted Mediterranean countries. So how does this translate for the tourist? Well, if you are thinking of travelling to North Cyprus it will undoubtedly equate to a much cheaper and needless to say culturally enriched holiday than heading to the southern Greek side. For those considering buying a second home or even permanently waving goodbye to their native land, the low cost of living is an attractive lure for even the shrewdest property investor.
To add insult to injury to the daylight theft committed by many European supermarkets, the grocery shopper in North Cyprus will also enjoy excellent quality local produce from shops and weekly markets (meat, fruit, vegetables, milk and more). To boot, the clothes are cheaper, the cigarettes and booze are cheaper (a local Efes beer is about 50p and a drinkable bottle of wine £2-£3), and even utilities are cheaper (popular solar energy with over 300 days a year sunshine costs approx.£200 annually).
And whilst the cost living in the North of Cyprus is a huge plus for Northern Cyprus it is by no means the only enriching part of the island – but let’s not beat about the olive bush, enjoying cultural heritage, a great climate and mouth-watering cuisine is so much more palatable when it doesn’t break the bank.