How much money does a person working in Cyprus make?
3,432 EUR per month
Average Monthly Salary
A person working in Cyprus typically earns around 3,432 EUR per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.
Distribution of Salaries in Cyprus | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Cyprus range between 464 EUR per month (minimum salary) to 15,195 EUR per month (maximum salary).
The median salary is 3,329 EUR per month, which means that half (50%) of the population are earning less than 3,329 EUR while the other half are earning more than 3,329 EUR. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 1,707 EUR while 75% of them are earning more than 1,707 EUR. Also from the diagram, 75% of the population are earning less than 8,706 EUR while 25% are earning more than 8,706 EUR.
What is the difference between the median and the average salary? What should you be looking at?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary
Salary Trend and Forecast in Cyprus
How are Cyprus salaries changing over time? Listed below is a chart that shows the average salary over the past few years.
|Average Salary 2016|| = |
|Average Salary 2017|| +4% |
|Average Salary 2018|| +2% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Salaries in Cyprus are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 2% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.
Salaries for popular jobs
|Administrative Assistant||1,723 EUR|
|Biomedical Engineer||2,973 EUR|
|CAD Drafter||2,492 EUR|
|Chartered Accountant||2,878 EUR|
|Chief Executive Officer||7,205 EUR|
|Chief Financial Officer||6,826 EUR|
|Civil Engineer||3,027 EUR|
|Computer Technician||2,544 EUR|
|Creative Director||3,378 EUR|
|Developer / Programmer||2,931 EUR|
|Electrical Engineer||3,122 EUR|
|Elementary School Teacher||2,358 EUR|
|Executive Chef||2,943 EUR|
|Flight Attendant||2,750 EUR|
|General Manager||6,027 EUR|
|Graphic Designer||2,248 EUR|
|Hotel Manager||5,099 EUR|
|Human Resources Manager||4,643 EUR|
|Internal Auditor||3,599 EUR|
|Legal Assistant||2,473 EUR|
|Mechanical Engineer||3,292 EUR|
|Police Officer||2,575 EUR|
|Project Manager||3,799 EUR|
|Sales Manager||5,213 EUR|
|Sales Representative||2,073 EUR|
|Secondary School Teacher||2,613 EUR|
|Travel Agent||2,853 EUR|
|Waiter / Waitress||2,018 EUR|
Average Hourly Wage in Cyprus | All Jobs
20 EUR per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Cyprus | All Jobs is 20 EUR. This means that the average person in Cyprus earns approximatly 20 EUR for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.
Salary Comparison By City
2203 - 171