Cost of living in Armenia compared to Finland
Currency:
Food | - 51% | |||
---|---|---|---|---|
Food in Armenia is 51% cheaper than in Finland | ||||
Armenia | Finland | Diff | ||
Basic lunchtime menu (including a drink) in the business district | 2,486Dram (€5.78) | €12 | - 53% | |
Combo meal in fast food restaurant (big mac meal or similar) | 2,330Dram (€5.41) | €9 | - 41% | |
500 gr (1 lb.) of boneless chicken breast | 1,507Dram (€3.50) | €7 | - 48% | |
1 liter (1 qt.) of whole fat milk | 645Dram (€1.50) | €1.54 | - 3% | |
12 eggs, large | 797Dram (€1.85) | €3.33 | - 44% | |
1 kg (2 lb.) of tomatoes | 549Dram (€1.27) | €3.43 | - 63% | |
500 gr (16 oz.) of local cheese | 1,541Dram (€3.58) | €5.85 | - 39% | |
1 kg (2 lb.) of apples | 482Dram (€1.12) | €2.52 | - 56% | |
1 kg (2 lb.) of potatoes | 376Dram (€0.87) | €1.15 | - 24% | |
0.5 l (16 oz) domestic beer in the supermarket | 469Dram (€1.09) | €2.50 | - 56% | |
1 bottle of red table wine, good quality | 3,116Dram (€7) | €15 | - 52% | |
2 liters of coca-cola | 761Dram (€1.77) | €3.38 | - 48% | |
Bread for 2 people for 1 day | 223Dram (€0.52) | €2.22 | - 77% | |
Housing | - 26% | |||
Housing in Armenia is 26% cheaper than in Finland | ||||
Armenia | Finland | Diff | ||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 531,126Dram (€1,234) | €1,954 | - 37% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 495,017Dram (€1,150) | €1,200 | - 4% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 76,231Dram (€177) | €179 | - 1% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 384,593Dram (€893) | €1,127 | - 21% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 187,011Dram (€434) | €803 | - 46% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 20,676Dram (€48) | €63 | - 24% | |
Internet 8 mbps (1 month) | 6,535Dram (€15) | €25 | - 38% | |
40” flat screen tv | 231,644Dram (€538) | €387 | + 39% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 63,167Dram (€147) | €100 | + 47% | |
Laundry detergent (3 l. ~ 100 oz.) | 7,937Dram (€18) | €7 | + 170% | |
Hourly rate for cleaning help | 6,331Dram (€15) | €33 | - 56% | |
Clothes | + 4% | |||
Clothes in Armenia is about the same as in Finland | ||||
Armenia | Finland | Diff | ||
1 pair of jeans (levis 501 or similar) | 50,705Dram (€118) | €97 | + 21% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 26,060Dram (€61) | €60 | + 2% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 51,074Dram (€119) | €98 | + 21% | |
1 pair of men’s leather business shoes | 50,000Dram (€116) | €163 | - 29% | |
Transportation | - 45% | |||
Transportation in Armenia is 45% cheaper than in Finland | ||||
Armenia | Finland | Diff | ||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 2,000,000Dram (€4,646) | €28,219 | - 84% | |
1 liter (1/4 gallon) of gas | 489Dram (€1.14) | €2.13 | - 47% | |
Monthly ticket public transport | 17,671Dram (€41) | €60 | - 32% | |
Personal Care | - 39% | |||
Personal Care in Armenia is 39% cheaper than in Finland | ||||
Armenia | Finland | Diff | ||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 447Dram (€1.04) | €18 | - 94% | |
1 box of antibiotics (12 doses) | 4,000Dram (€9) | €7 | + 33% | |
Short visit to private doctor (15 minutes) | 10,884Dram (€25) | €113 | - 78% | |
1 box of 32 tampons (tampax, ob, ...) | 2,000Dram (€4.65) | €5.20 | - 11% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,500Dram (€5.81) | €3.08 | + 88% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,250Dram (€2.90) | €3.61 | - 19% | |
4 rolls of toilet paper | 780Dram (€1.81) | €1.92 | - 6% | |
Tube of toothpaste | 1,194Dram (€2.77) | €1.73 | + 60% | |
Standard men's haircut in expat area of the city | 3,587Dram (€8) | €31 | - 73% | |
Entertainment | - 23% | |||
Entertainment in Armenia is 23% cheaper than in Finland | ||||
Armenia | Finland | Diff | ||
Basic dinner out for two in neighborhood pub | 7,680Dram (€18) | €50 | - 65% | |
2 tickets to the movies | 3,469Dram (€8) | €29 | - 73% | |
2 tickets to the theater (best available seats) | 13,367Dram (€31) | €128 | - 76% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 35,217Dram (€82) | €117 | - 30% | |
1 cocktail drink in downtown club | 7,295Dram (€17) | €12 | + 40% | |
Cappuccino in expat area of the city | 1,756Dram (€4.08) | €4.32 | - 6% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 860Dram (€2.00) | €7 | - 73% | |
Ipad wi-fi 128gb | 450,000Dram (€1,045) | €486 | + 115% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 20Dram (€0.05) | €0.07 | - 36% | |
1 month of gym membership in business district | 21,565Dram (€50) | €50 | + 1% | |
1 package of marlboro cigarettes | 892Dram (€2.07) | €9 | - 76% | |
TOTAL | - 37% |

These prices were last updated on January 20, 2023.
Exchange rate:
0.00232
EUR
/
AMD
Cost of living in Armenia is 37% cheaper than in Finland
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