I disagree about the cost of living in Cyprus. Our car tax is about €50 & car insurance is cheaper than the UK. water bills about €20 per month, Electricity is similar. You don't get taxed until you are earning around €17k per year either.

If you buy internationally recognised trade-named food then its more expensive but I just bought a kg of cherries for €2 and apricots for €2.50. You can probably double that price in the UK.