Cost of living in Armenia compared to Italy
Currency:
| Food | - 24% | |||
|---|---|---|---|---|
| Food in Armenia is 24% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,675Dram (€9) | €16 | - 44% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 3,107Dram (€8) | €11 | - 29% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,654Dram (€4.00) | €5.40 | - 26% | |
| 1 liter (1 qt.) of whole fat milk | 813Dram (€1.97) | €1.45 | + 35% | |
| 12 eggs, large | 1,367Dram (€3.31) | €3.81 | - 13% | |
| 1 kg (2 lb.) of tomatoes | 1,029Dram (€2.49) | €3.14 | - 21% | |
| 500 gr (16 oz.) of local cheese | 2,325Dram (€5.62) | €7 | - 24% | |
| 1 kg (2 lb.) of apples | 874Dram (€2.11) | €2.28 | - 7% | |
| 1 kg (2 lb.) of potatoes | 298Dram (€0.72) | €1.77 | - 59% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 534Dram (€1.29) | €1.39 | - 7% | |
| 1 bottle of red table wine, good quality | 4,767Dram (€12) | €8 | + 47% | |
| 2 liters of coca-cola | 1,325Dram (€3.21) | €2.64 | + 21% | |
| Bread for 2 people for 1 day | 301Dram (€0.73) | €1.61 | - 55% | |
| Housing | - 16% | |||
| Housing in Armenia is 16% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 559,257Dram (€1,353) | €1,551 | - 13% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 309,415Dram (€748) | €1,048 | - 29% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 38,038Dram (€92) | €194 | - 52% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 370,304Dram (€896) | €1,104 | - 19% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 200,000Dram (€484) | €759 | - 36% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 17,686Dram (€43) | €146 | - 71% | |
| Internet 8 mbps (1 month) | 6,264Dram (€15) | €34 | - 55% | |
| 40” flat screen tv | - | €304 | - | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | - | €116 | - | |
| Laundry detergent (3 l. ~ 100 oz.) | 7,681Dram (€19) | €7 | + 175% | |
| Hourly rate for cleaning help | 12,500Dram (€30) | €10 | + 194% | |
| Clothes | + 39% | |||
| Clothes in Armenia is 39% more expensive than in Italy | ||||
| Armenia | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 51,110Dram (€124) | €82 | + 50% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,183Dram (€54) | €38 | + 42% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 55,047Dram (€133) | €97 | + 38% | |
| 1 pair of men’s leather business shoes | 50,000Dram (€121) | €120 | + 1% | |
| Transportation | - 24% | |||
| Transportation in Armenia is 24% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | - | €28,500 | - | |
| 1 liter (1/4 gallon) of gas | 540Dram (€1.31) | €1.82 | - 28% | |
| Monthly ticket public transport | 9,800Dram (€24) | €38 | - 37% | |
| Personal Care | - 33% | |||
| Personal Care in Armenia is 33% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,446Dram (€3.50) | €9 | - 63% | |
| 1 box of antibiotics (12 doses) | 3,004Dram (€7) | €12 | - 39% | |
| Short visit to private doctor (15 minutes) | 14,006Dram (€34) | €101 | - 67% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,668Dram (€4.03) | €7 | - 43% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,615Dram (€3.91) | €3.82 | + 2% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,291Dram (€3.12) | €3.34 | - 6% | |
| 4 rolls of toilet paper | 1,508Dram (€3.65) | €2.80 | + 30% | |
| Tube of toothpaste | 1,502Dram (€3.63) | €2.21 | + 65% | |
| Standard men's haircut in expat area of the city | 4,015Dram (€10) | €20 | - 51% | |
| Entertainment | - 35% | |||
| Entertainment in Armenia is 35% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | 10,709Dram (€26) | €40 | - 35% | |
| 2 tickets to the movies | 5,932Dram (€14) | €18 | - 22% | |
| 2 tickets to the theater (best available seats) | 35,512Dram (€86) | €91 | - 6% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 29,872Dram (€72) | €80 | - 10% | |
| 1 cocktail drink in downtown club | 4,000Dram (€10) | €10 | + 2% | |
| Cappuccino in expat area of the city | 1,412Dram (€3.42) | €1.96 | + 74% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,637Dram (€3.96) | €5.29 | - 25% | |
| Ipad wi-fi 128gb | - | €1,398 | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 15Dram (€0.04) | €0.46 | - 92% | |
| 1 month of gym membership in business district | 31,316Dram (€76) | €54 | + 41% | |
| 1 package of marlboro cigarettes | 1,346Dram (€3.26) | €5.99 | - 46% | |
| TOTAL | - 23% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,659 prices entered by 240 different people.
These prices were last updated on December 10, 2024.
Exchange rate:
0.00242
EUR
/
AMD
Cost of living in Armenia is 23% cheaper than in Italy
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