Table of Contents
What is the minimum wage in Cyprus per hour?
Because Cyprus does not have a minimum wage, there is no mandatory minimum rate of pay for workers in Cyprus. Pay rates must be agreed upon directly with the employer through collective bargaining or other means of negotiating a fair living wage.
What is the hourly wage in Cyprus?
How much does a person working in Cyprus earn? They earn an average salary of 3,430 EUR every month or 41,200 EUR per year. This is the gross salary before deductions, meaning it’s inclusive of housing and transport benefits. For hourly-paid employees in Cyprus, the average salary rate is 20 EUR/hour.
What is the minimum wage in Cyprus 2020?
What is the minimum wage in the TRNC? As of 2020, the gross minimum wage in Cyprus is 2,943 TL. After deducting social security and other stoppage payments, the net minimum wage in the TRNC turns out to be 2,324 TL.
What is the average income in Cyprus?
Economy of Cyprus
| Statistics | |
|---|---|
| Unemployment | 4.4% (August 2021) 18.7% youth unemployment (15 to 24-year-olds; 2020) |
| Average gross salary | €1,990 per month (Q2 2021) |
| Average net salary | €17,582 (2018; annual, equivalised) |
| Median net salary | €15,336 (2018; annual, equivalised) |
How many hours is full time in Cyprus?
The ‘standard time norm’ of the working week in Cyprus is a 38-hour, 5-day week.
Is it easy to get job in Cyprus?
Due to the country’s large tourism sector, seasonal and casual jobs are relatively easy to find. Those seeking summer work can find opportunities in hotels, bars, cafes and restaurants.
What is the cost of living in Cyprus?
Family of four estimated monthly costs are 2,832$ (2,432€) without rent. A single person estimated monthly costs are 803$ (690€) without rent. Cost of living in Cyprus is, on average, 14.65% lower than in United States. Rent in Cyprus is, on average, 45.67% lower than in United States.
Is it cheaper to live in Cyprus?
A single person estimated monthly costs are 803$ (689€) without rent. Cost of living in Cyprus is, on average, 14.77% lower than in United States. Rent in Cyprus is, on average, 46.22% lower than in United States….By City in Cyprus.
| Rank | City | Cost of Living Index |
|---|---|---|
| 4 | Paphos | 53.73 |
How many hours can I work in Cyprus?
38-hour
The ‘standard time norm’ of the working week in Cyprus is a 38-hour, 5-day week.