How much money does a person working in Nicosia make?
3,305 EUR per month
Average Monthly Salary
A person working in Nicosia typically earns around 3,305 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 Nicosia | All Jobs
Abount These Figures: Salary Range, Median and Percentiles
Salaries in Nicosia range between 447 EUR per month (minimum salary) to 14,637 EUR per month (maximum salary).
The median salary is 3,338 EUR per month, which means that half (50%) of the population are earning less than 3,338 EUR while the other half are earning more than 3,338 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 1,703 EUR while 75% of them are earning more than 1,703 EUR. Also from the diagram, 75% of the population are earning less than 9,167 EUR while 25% are earning more than 9,167 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 Nicosia
How are Nicosia 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|| +3% |
|Average Salary 2019|| +2% |
Percentage increase and decrease are relative to the previous value
Salaries in Nicosia 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||1,708 EUR|
|Biomedical Engineer||2,765 EUR|
|CAD Drafter||2,439 EUR|
|Chartered Accountant||2,805 EUR|
|Chief Executive Officer||7,318 EUR|
|Chief Financial Officer||6,708 EUR|
|Civil Engineer||2,927 EUR|
|Computer Technician||2,480 EUR|
|Creative Director||3,293 EUR|
|Developer / Programmer||2,846 EUR|
|Electrical Engineer||3,171 EUR|
|Elementary School Teacher||2,236 EUR|
|Executive Chef||2,846 EUR|
|Flight Attendant||2,805 EUR|
|General Manager||5,692 EUR|
|Graphic Designer||2,236 EUR|
|Hotel Manager||4,797 EUR|
|Human Resources Manager||4,472 EUR|
|Internal Auditor||3,334 EUR|
|Legal Assistant||2,317 EUR|
|Mechanical Engineer||3,171 EUR|
|Police Officer||2,561 EUR|
|Project Manager||3,659 EUR|
|Sales Manager||5,082 EUR|
|Sales Representative||2,114 EUR|
|Secondary School Teacher||2,643 EUR|
|Travel Agent||2,643 EUR|
|Waiter / Waitress||1,952 EUR|
Average Hourly Wage in Nicosia | All Jobs
19 EUR per hour
Average Hourly Wage
The average hourly wage (pay per hour) in Nicosia | All Jobs is 19 EUR. This means that the average person in Nicosia earns approximatly 19 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.
Nicosia VS Cyprus
We compared salaries in Nicosia and Cyprus and we found that Nicosia salaries are 4% less than those of Cyprus.
Salary Comparison By City
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