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

Aloe Vera
Aloe Vera has long been used as a soothing agent for various skin conditions. You may apply the sap from the plant directly to the cyst or for faster results; you can drink Aloe Vera juice.
Milk
Milk is a great option for cyst removal. Simply soak a tea bag in milk and place it on the cyst overnight. With repeated application, the cyst will reduce in size and heal faster.
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.