Recent opinion surveys indicate that the affordability crisis is the most pressing concern for Cyprus households. Indeed, many state their inability to cope with daily cost-of-living pressures and doubt that they will be able to maintain their current standard of living once they stop working. And many younger people say that they are increasingly unable to afford decent accommodation in the face of surging housing costs.
Moreover, with prices and costs accelerating since February 2026 owing largely to the impact of the war with Iran, the affordability crisis in Cyprus and most other countries has intensified.
But policy makers need to know which groups of the
