Rental Pressure on the Middle Class in Cyprus
April 20, 2026
The middle class faces significant challenges due to high rental prices that consume almost an entire salary. There is a continuous increase in rental prices, particularly affecting low-wage earners. Workers with low salaries struggle to cover basic needs and bills. Statistics indicate that a large percentage of workers earn gross salaries below €1,500. The situation is particularly critical in the cities of Nicosia and Limassol.