EUROCOSTSCOUNTRY COMPARISON · UPDATED 2026-07-15
Cyprus vs Sweden: taxes, salary and cost of living
Cyprus and Sweden present two different cost profiles: the first question is whether the salary gap compensates for housing and daily expenses.
Cyprus vs Sweden at a glance
| Indicator | Cyprus | Sweden |
|---|---|---|
| Standard VAT | 19% | 25% |
| Income tax | 0-35% | 29-55% |
| Social contributions | ~20.5% total employee + employer | 38.42% |
| Tax burden | ~29% | 42.6% |
| Average monthly salary | 2,350 € gross/month | €3,750 |
| Studio rent | €850 | €900 |
| Monthly food estimate | €300 | €360 |
| Gasoline | 1.49 €/L | 1.55 €/L |
| Electricity | 0.27 €/kWh | 0.22 €/kWh |
Income comparison in context
The salary records for Cyprus and Sweden are not directly numeric in both cases. A responsible comparison therefore avoids inventing a salary gap and treats the displayed labels as source notes to verify.
Rent, food and the monthly budget
Cyprus has the lower listed studio rent by €50, a 5.6% difference relative to the higher rent. Cyprus sits 24 of 37 and Sweden 27 of 37 in the available low-to-high rent ranking. Cyprus also has the lower food estimate, so the housing result is reinforced by groceries.
A simplified salary-minus-rent-and-food remainder cannot be calculated reliably for both Cyprus and Sweden because at least one component is non-numeric. The interactive calculator should be used only after verifying those inputs.
Headline taxation: what differs
Tax-burden values include a range or text note for at least one country. The standard VAT comparison—19% in Cyprus and 25% in Sweden—is more directly comparable, although reduced rates differ by product.
A practical transport check
Cyprus has the lower listed gasoline price by €0.06 per litre. For a driver buying 50 litres a month, that headline difference is about €3 monthly, before insurance, parking and road charges.
Who may prefer each country?
For Cyprus and Sweden, short stays are influenced heavily by rent and restaurant prices; permanent relocation adds payroll, healthcare and administrative costs. These figures work best as a shortlist, not a final decision model.
The most useful conclusion
Cyprus leads Sweden on more of the comparable numeric indicators used in this Cyprus–Sweden summary. This is a directional result, not a personal financial recommendation.
Sources and data references
- PwC standard VAT rates
- PwC personal income tax rates
- PwC corporate income tax rates
- EuroCosts data scope and generation process
Explore Cyprus comparisons · Explore Sweden comparisons