If you want to live in Cyprus you must consider what you want to do and where you want to stay. There are lot opportunities to work here and many universities to study.
If you interested on that visit the working or the studying section, respectively.
About where you want to stay, in Cyprus you can find small rooms or flats to rent, in all cities. The cost of one room is about 180–250 € per month and the cost for a small flat (one bedroom) is approximately 500 € per month.
The prices change from area to area, for example in the center of Limassol the cost is more expensive than other areas because of the new university.