I have one on the base of my neck. This is good to know!

Honey
A paste made with honey, wheatgrass and banana proves to be helpful for removing cysts. Put the paste directly on the infected area and cover with a cloth overnight. Regular application will lead to a faster recovery.
Castor Oil
For immediate reduction in size, heat and castor oil will do the trick. Apply castor oil directly to the cyst and cover with a hot bag of water or cloth. Overnight, the cyst will get smaller.

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Epidermoid cysts are fairly common and usually should not be cause for alarm. However, if your cyst ruptures, becomes infected, or is the source of pain, then you should seek medical attention.