Living Wage Series - Cyprus - September 2019 - In Euro, per Month

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You are looking at an archive page of WageIndicator Living Wages. This data is not comparable with recent data provided by WageIndicator. This is due to revised data cleaning procedures adopted by WageIndicator and the impact of the Covid-19 pandemic on the cost of living globally. Moreover, the national data shown does not reflect the regional data that is used for Living Wage implementation.

Interested to implement WageIndicator's Living Wages in your organisation's compensation and benefits, using data that is updated every quarter? Learn about the database options and rates and the countries and regions covered. For academic use, data on Living Wages and the cost of living can be acquired for free.

The Living Wage is based on the concept that work should provide an adequate income to cover the necessary living costs of a family. WageIndicator uses prices from the Cost of Living Survey to calculate Living Wage in more than 70 countries. The Living Wage is an approximate income needed to meet a family’s basic needs including food, housing, transport, health, education, tax deductions and other necessities.

The following table summarises the varying expenditure and income needs for the three commonly occurring family household compositions.

Expenditure and Living Wage calculation (monthly rates in EUR)

  Typical family Standard family Single-adult
  from-to from-to from-to
Food expenses 480-625 565-735 140-185
Housing expenses 560-640 560-640 345-400
Transport expenses 80-80 80-80 40-40
Healthcare expenses 28-77 28-77 7-19
Education expenses 27-92 27-92 0
Other expenses 59-76 63-81 27-32
Total Expenditure 1234-1590 1323-1705 559-676
Net Living Wage 771-994 735-947 559-676
Gross Living Wage 940-1210 895-1160 680-825

Note: For more details see Living Wage FAQ.


Family Living Wages (monthly rates in EUR)

There is not a single answer to what is the adequate cost of living. The result is complex, as the cost of living varies by household composition, location, and employment pattern. The following table presents the Living Wage estimates for a set of most common family household compositions and under different assumptions about working hours.

Typical family (two parents + 1.4 children, 1.6 working) 940-1210
Standard family (two parents + 2 children, 1.8 working) 895-1160
Two parents and two children, 2 working 805-1040
Two parents and two children, 1.5 working 1080-1390
Two parents and two children, 1 working 1620-2080
Two parents and three children, 1.6 working 1130-1450
Two parents and four children, 1.6 working 1240-1600
Single-adult without children, 1 working 680-825

Note: Results in the table are rounded.


Living Wages in Context (monthly rates in EUR)

The Minimum Wage is a national legally binding obligation on employers which often make no reference to a living standard. Living Wage describes the adequate living standard. The common goal of the many living wage campaigns currently taking place all over the world is to lift Minimum Wages levels to those of the Living Wages. WageIndicator presents Living Wages jointly with Minimum Wages, aiming to raise awareness concerning the remaining differences in levels. Living Wages are presented in context with other wage indicators including prevailing wages of workers over recent years.

  2016 2017 2018 2019
Minimum wage - - - -
Living Wage - Single Adult 460-595 510-650 650-820 680-825
Living Wage - Typical Family 715-970 760-1020 895-1210 940-1210
Real wage of low-skilled worker 630-710 650-725 640-730 725-935
Real wage of medium-skilled worker 860-985 835-975 865-1000 1010-1320
Real wage of high-skilled worker 1360-1770 1370-1760 1400-1840 1650-2420

Note: Table shows the lowest monthly Minimum Wage in a country, when available. Reported monthly earnings of workers in low-, medium-, and high-skilled occupations are obtained from the voluntary WageIndicator web survey on work and wages. Results in the table are rounded.


Food basket and food prices in EUR

The food expenditure is the main component of Living Wage and it is determined by the price of food basket. The food prices are taken from WageIndicator Cost of Living Survey which collects the actual prices of all items necessary to calculate the Living Wage. The composition of the food basket is taken from the national food balance sheets published by the UN Food and Agriculture Organization (FAO). The food basket is scaled to 2,100 calories per person per day that is the nutritional requirement for good health proposed by World Bank (Handbook on poverty and inequality, 2009).

Food item Grams per day Energy (kcal) Price per kilo
Wheat, barley and cereals products 197 579 2-2.4
Rice 12 43 1.2-1.5
Meat (beef, pork, poultry) 183 278 6-8
Oils (soyabean, olive, palm) 24 213 -
Sugar (Raw Equivalent) 61 222 -
Maize and products 8 24 -
Milk - Excluding Butter 265 195 1.2-1.4
Vegetables, Other 165 42 .3-.3
Potatoes and products 70 43 .4-.6
Butter, Ghee 3 21 -
Groundnuts (Shelled Eq) 12 42 -
Pulses, Other and products 5 16 -
Egg (price per 10 eggs) 21 30 20-25
Sunflowerseed Oil 17 149 -
Fish products 51 33 -
Beer (0.5 liter/pint) 75 38 -
Beans 3 9 -
Bananas 18 10 1.1-1.3
Apples and products 20 7 1.5-1.8
Tomatoes and products 40 9 1.2-1.8
Onions 20 13 .5-.7
Oranges, Mandarines 42 14 1-1.3
Roots, Other 3 3 -
Seeds and kernels 3 20 -
Wine (bottle) 37 26 -
Pineapples and products 2 1 -
Cream 0 0 6-8
Olives (including preserved) 7 9 -
Honey 1 4 -
Lemons, Limes and products 12 3 -
Coffee and products 12 6 -


WageIndicator Living Wage background:

The WageIndicator Living Wage is set to provide acceptable living standard to a family of a particular size. WageIndicator presents Living Wages for several household types and working hours which reflect the most frequently found real situations in which people have to make a living: 1. Typical family Living Wage is a baseline estimate that respects the country specific conditions. Typical family is comprised of two adults and the number of children is given by country specific fertility rate (the average number of children a woman is expected to have during her lifespan). One adult is working full-time and the working hours of second adult are approximated by national employment rate. The total income earned by two adults paid living wage is sufficient to reach adequate living standard. 2. Standard family Living Wage is estimated for a family composed of two adults and two children (referred to as family 2+2). Living wage is calculated under different assumptions about working hours. These include that both adults work full-time (family employment rate is 2), or at least one adult works part-time or half-time (family employment rate is 1.8 and 1.5), or one adult does not work at all (i.e. patriarchal model with family employment 1). Alternatives refer to trade-offs between leisure and work and define what living wage represents. In every case the total income earned by two adults paid living wage is sufficient to reach adequate living standard. 3. Extended family Living Wage includes family with three or four children. One adult works full-time and the work intensity of second parent is approximated by national employment rate. 4. Individual Living Wage represents an acceptable standard of living for a single individual working full-time.

Data sources: WageIndicator Cost of Living Survey, World Bank Databank Fertility rate 2010-2014, ILO Estimated participation rate in 2017, FAO Food balance sheet in 2013.

WageIndicator useful links:

Publication Guzi, M., & Kahanec, M. (2019).  Living Wage Globally. Amsterdam, WageIndicator Foundation
WageIndicator Wages in Context Map with the latest updates
All You Always wanted to Know about Living Wages



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