Cost of Living in Armenia

Alaverdi Abovyan Ashtarak Ijevan Masis Yeghegnadzor Yerevan Gyumri Vanadzor

If you've ever considered moving to Armenia, one of the first questions that likely crossed your mind is, "What is the cost of living in Armenia?" After all, it's essential to have a clear picture of your potential expenses before making such a life-changing decision. At this page, we'll dive into the nitty-gritty of the cost of living in Armenia and whether the reported $1624 per month figure aligns with the average monthly salary of $461.41.

Restaurants
Markets
Transportation
Childcare
Clothing
Rent Per Month
Buy Apartment
Salaries
Armenia
restaurant

Restaurants

Price

World Range

Meal, Inexpensive Restaurant

6.01 $

Meal for 2 People, Mid-range Restaurant, Three-course

34.28 $

McMeal at McDonalds (or Equivalent Combo Meal)

6.01 $

Domestic Beer (1 pint draught)

1.44 $

Imported Beer (12 oz small bottle)

2.04 $

Cappuccino (regular)

2.55 $

Coke/Pepsi (12 oz small bottle)

0.86 $

Water (12 oz small bottle)

0.46 $

store

Markets

Price

World Range

Milk (regular), (1 gallon)

1.23 $

Loaf of Fresh White Bread (1 lb)

0.59 $

Rice (white), (1 lb)

2.07 $

Eggs (regular) (12)

2.06 $

Local Cheese (1 lb)

6.68 $

Chicken Fillets (1 lb)

6.08 $

Beef Round (1 lb) (or Equivalent Back Leg Red Meat)

9.75 $

Apples (1 lb)

1.13 $

Banana (1 lb)

1.59 $

Oranges (1 lb)

1.67 $

Tomato (1 lb)

1.82 $

Potato (1 lb)

0.71 $

Onion (1 lb)

0.7 $

Lettuce (1 head)

0.54 $

Water (1.5 liter bottle)

0.61 $

Bottle of Wine (Mid-Range)

7.22 $

Domestic Beer (0.5 liter bottle)

1.08 $

Imported Beer (12 oz small bottle)

1.68 $

Cigarettes 20 Pack (Marlboro)

1.92 $

commute

Transportation

Price

World Range

One-way Ticket (Local Transport)

0.24 $

Monthly Pass (Regular Price)

12.03 $

Taxi Start (Normal Tariff)

1.44 $

Taxi 1 mile (Normal Tariff)

0.24 $

Taxi 1hour Waiting (Normal Tariff)

2.89 $

Gasoline (1 gallon)

1.26 $

Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)

24057.64 $

Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)

26992.67 $

mark_as_unread

Utilities (Monthly)

Price

World Range

Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment

86.82 $

1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans)

0.06 $

Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)

18.35 $

kitesurfing

Sports And Leisure

Price

World Range

Fitness Club, Monthly Fee for 1 Adult

60.19 $

Tennis Court Rent (1 Hour on Weekend)

15.08 $

Cinema, International Release, 1 Seat

6.01 $

child_friendly

Childcare

Price

World Range

Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child

262.38 $

International Primary School, Yearly for 1 Child

5702.73 $

checkroom

Clothing And Shoes

Price

World Range

1 Pair of Jeans (Levis 501 Or Similar)

65.86 $

1 Summer Dress in a Chain Store (Zara, H&M, ...)

48.95 $

1 Pair of Nike Running Shoes (Mid-Range)

99.84 $

1 Pair of Men Leather Business Shoes

88.56 $

night_shelter

Rent Per Month

Price

World Range

Apartment (1 bedroom) in City Centre

743.69 $

Apartment (1 bedroom) Outside of Centre

460.45 $

Apartment (3 bedrooms) in City Centre

1260.48 $

Apartment (3 bedrooms) Outside of Centre

747.58 $

home

Buy Apartment Price

Price

World Range

Price per Square Feet to Buy Apartment in City Centre

2267.61 $

Price per Square Feet to Buy Apartment Outside of Centre

1055.57 $

account_balance_wallet

Salaries And Financing

Price

World Range

Average Monthly Net Salary (After Tax)

461.41 $

Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate

11.99 %

Armenia

How Safe Is Armenia for Travel?
Warnings & Dangers in Armenia

OVERALL RISK: LOW

Armenia is overall safe to travel to, with considerably low crime rates and even pickpockets not being that much of an issue. However, it is advised that you remain vigilant at all times, especially when crossing the streets.

TRANSPORT & TAXIS RISK: MEDIUM

Transport is generally safe in Armenia, but be careful when taking a taxi, especially at Zvartnots International Airport. There might be taxi drivers trying to overcharge you ridiculously for a drive to town.

PICKPOCKETS RISK: MEDIUM

Pickpocketing exists in Armenia and you should remain vigilant and make sure not to flash your belongings in crowded places such as bus or train stations, or public transport. Be careful and keep your valuables close by your side.

NATURAL DISASTERS RISK: MEDIUM

Floods are the biggest natural threat in Armenia: there was a flooding in 2010 that caused an estimated US$ 10 million in damage. Armenia also faces droughts, hail storms and landslides.

MUGGING RISK: LOW

It is not likely you will get mugged or kidnapped in Armenia. Crime rates are generally not too high and violent crime against tourists is unlikely. Still, don't let your guard down and stay away from dark and deserted areas of bigger cities.

TERRORISM RISK: LOW

Even though there haven't been any terrorist attacks in Armenia's recent history, they shouldn't be ruled out, so be aware of your surroundings at all times.

SCAMS RISK: MEDIUM

There is the issue of scams in Armenia, just like in any other country, and the most common ones are credit card and ATM scams. Be careful when picking up your many from ATMs, especially those that accept VISA credit cards: they might withdraw money from your account but not deliver it to you! Always negotiate everything in advance, double check your change and never pay anything upfront. Never accept drinks from strange people or leave your drink unattended.

WOMEN TRAVELERS RISK: LOW

Armenia is definitely safe for solitary female. Just use your common sense and have your wits with you. Avoid poorly lit and deserted areas at night and finding yourself in places filled with drunken people.

Useful Information & Tips
credit_card

Visas

Many nationals, such as EU and US nationals do not need an entry visa for Armenia and can stay usually a maximum of 90 days per visit. If you are not sure about your visa status, visit www.doyouneedvisa.com which will let you know whether or not you need visa based on your nationality and the country you want to visit.

currency_exchange

Currency

Armenia dram is the official currency in Armenia. ATMs are widely used throughout the country, but credit cards aren't accepted as much as in other parts of Europe: you can use them in better hotels, restaurants and some shops in the capitals.

cloudy_snowing

Weather

Climate in Armenia varies from dry subtropical to the mountain tundra climate. In Yerevan, July is the hottest month with average temperatures reaching as high as 27°C and the coldest month is January with temperatures of -3°C.

flight_takeoff

Airports

Zvartnots International Airport is the main international airport in Armenia. It is located near Zvartnots, about 12 km west of Yerevan, the capital city of Armenia.

health_and_safety

Travel Insurance

Just like anywhere else, we recommend getting travel insurance when traveling to Armenia since it covers not only the costs of medical problems, but also theft and loss of valuables.

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