As previously noted, the majority of TEFL jobs in Cyprus do not pay housing expenses unless you are a part of a volunteer programme. To save money, you might split that expense with other TEFL teachers. Depending on where you choose to live on the rural island, the costs change. However, if you carefully plan your spending, your monthly wage can pay for all of your lodging and food expenses, as well as some extra cash for exploring the area. Overall you will find the cost of living and working as an English teacher is quite reasonable, and you should be able to make ends meet.