A new poll reveals that rising costs of living, combined with low wages and pensions, expensive fuel, and high rents are the primary concerns for Cypriot households, with citizens calling on the government to prioritise solutions to these issues.
The survey, conducted by Prime Market Research and Consulting Ltd for Philenews between November 20-22, 2024, gathered responses from 4,079 participants across Cyprus.
Key findings show:
Cost of living emerged as the most pressing issue (59% of respondents), followed by corruption (48%) and immigration (40%). Traffic congestion and housing tied at 27%, while the economy (23%), crime (19%), and policing (17%) were also significant concerns.
Breaking down the cost of living concerns:
- General living costs: 73%
- Low wages and pensions: 49%
- Daily expenses: 40%
- Food prices: 23%
- Fuel costs: 20%
- Loan payments: 20%
- Rent: 15%
- Shopping: 12%
- Healthcare: 12%
- Tutorial fees: 6%
The poll revealed that 54% of respondents believe their financial situation has worsened compared to two years ago, while only 16% reported improvement and 29% saw no change.
Notably, 67% of respondents believe government measures to help households are heading in the wrong direction, with only 30% expressing approval.
When asked about preferred government action, 46% prioritised reducing energy costs, followed by lower interest rates (25%), support for vulnerable groups (17%), housing policies for young couples (17%), and pensions (14%).
The survey had a margin of error of +/-1.5% at a 95% confidence interval.
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