The location factor for Cyprus is 1.02, based on national living costs.
This means a €61,120 per year salary would roughly
be compareable to €60,000 in Germany.
If you would have to pay full taxes in Germany, this amount would rise to €65,647.
It would be €40,555 based on market rates, €43,559 with taxes paid in Germany.
You can also start a calculation based on Cyprus.
|Chosen Factor||1.02 1.09*|
|Market Rates||0.68 0.73*|
|Consumer Price Index||0.95 1.02*|
|Rent Index*||0.60 0.64*|
|Consumer Price Plus Rent Index||0.86 0.92*|
|Groceries Index||1.02 1.09*|
|Restaurant Price Index*||1.04 1.11*|
|Local Purchasing Power Index*||0.64 0.68*|
|Buffer Location Bracket*||C or B|
|Income Tax*||0% to 35%|
Locations in Cyprus
|Limassol||1.05 1.13*||Living Costs|
|Nicosia||1.09 1.17*||Living Costs|
|Paphos||1.03 1.10*||Living Costs|