I am an Android Mobile Developer with around 3 years of experience. I have read about the living expenses in Cyprus which is relatively cheap compared to my home town Beirut, Lebanon. I just need to know about the programming sector in Cyprus and how are the salaries and tax income, and how much I can save every month.
The amount you'd be able to save each month will really depend on your personal circumstances and lifestyle choices - are you supporting a family? do you live alone? do you enjoy eating out, etc?
The Cost of Living in Cyprus page may give you some indication of prices and help you draw up a budget. While taxes in Cyprus are low, things are quite complicated for expats so it'd be best to contact a tax consultant on that. Finding salary information for Cyprus seems to be quite hard - however I can see that a developer starts on a slary of around EUR16,000 per year (according to glassdoor). Perhaps you can ask your industry contacts for more information.
Hope this helps