Cost of living in Armenia compared to Italy
Currency:
| Food | - 40% | |||
|---|---|---|---|---|
| Food in Armenia is 40% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,265Dram (€7) | €17 | - 57% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,203Dram (€5.01) | €10 | - 48% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,511Dram (€3.43) | €5.64 | - 39% | |
| 1 liter (1 qt.) of whole fat milk | 723Dram (€1.64) | €1.44 | + 14% | |
| 12 eggs, large | 1,265Dram (€2.87) | €3.71 | - 23% | |
| 1 kg (2 lb.) of tomatoes | 1,033Dram (€2.35) | €2.75 | - 15% | |
| 500 gr (16 oz.) of local cheese | 1,705Dram (€3.87) | €7 | - 46% | |
| 1 kg (2 lb.) of apples | 538Dram (€1.22) | €2.33 | - 48% | |
| 1 kg (2 lb.) of potatoes | 411Dram (€0.93) | €1.83 | - 49% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 437Dram (€0.99) | €1.66 | - 40% | |
| 1 bottle of red table wine, good quality | 3,832Dram (€9) | €8 | + 15% | |
| 2 liters of coca-cola | 785Dram (€1.78) | €2.25 | - 21% | |
| Bread for 2 people for 1 day | 263Dram (€0.60) | €1.29 | - 54% | |
| 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 | 523,812Dram (€1,190) | €1,684 | - 29% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 432,631Dram (€983) | €1,160 | - 15% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 57,219Dram (€130) | €163 | - 20% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 450,581Dram (€1,024) | €1,054 | - 3% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 228,829Dram (€520) | €792 | - 34% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 27,489Dram (€62) | €106 | - 41% | |
| Internet 8 mbps (1 month) | 8,493Dram (€19) | €24 | - 19% | |
| 40” flat screen tv | 191,466Dram (€435) | €323 | + 35% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 73,375Dram (€167) | €127 | + 31% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7,681Dram (€17) | €6 | + 180% | |
| Hourly rate for cleaning help | 4,830Dram (€11) | €11 | + 0% | |
| Clothes | + 17% | |||
| Clothes in Armenia is 17% more expensive than in Italy | ||||
| Armenia | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 41,525Dram (€94) | €83 | + 14% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,183Dram (€50) | €40 | + 27% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 51,334Dram (€117) | €96 | + 22% | |
| 1 pair of men’s leather business shoes | 50,000Dram (€114) | €130 | - 13% | |
| Transportation | - 50% | |||
| Transportation in Armenia is 50% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 2,000,000Dram (€4,544) | €30,939 | - 85% | |
| 1 liter (1/4 gallon) of gas | 485Dram (€1.10) | €1.88 | - 41% | |
| Monthly ticket public transport | 9,800Dram (€22) | €38 | - 41% | |
| Personal Care | - 40% | |||
| Personal Care in Armenia is 40% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,446Dram (€3.29) | €9 | - 63% | |
| 1 box of antibiotics (12 doses) | 3,004Dram (€7) | €9 | - 27% | |
| Short visit to private doctor (15 minutes) | 11,250Dram (€26) | €99 | - 74% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,668Dram (€3.79) | €5.81 | - 35% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,615Dram (€3.67) | €3.65 | + 1% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,291Dram (€2.93) | €3.40 | - 14% | |
| 4 rolls of toilet paper | 1,166Dram (€2.65) | €2.58 | + 3% | |
| Tube of toothpaste | 1,225Dram (€2.78) | €2.73 | + 2% | |
| Standard men's haircut in expat area of the city | 3,541Dram (€8) | €18 | - 56% | |
| Entertainment | - 34% | |||
| Entertainment in Armenia is 34% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | 11,043Dram (€25) | €40 | - 38% | |
| 2 tickets to the movies | 6,330Dram (€14) | €18 | - 22% | |
| 2 tickets to the theater (best available seats) | 15,311Dram (€35) | €91 | - 62% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 23,984Dram (€54) | €80 | - 32% | |
| 1 cocktail drink in downtown club | 3,230Dram (€7) | €9 | - 14% | |
| Cappuccino in expat area of the city | 1,221Dram (€2.77) | €1.94 | + 43% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,221Dram (€2.77) | €5.03 | - 45% | |
| Ipad wi-fi 128gb | 450,000Dram (€1,022) | €688 | + 49% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 15Dram (€0.03) | €0.35 | - 90% | |
| 1 month of gym membership in business district | 25,130Dram (€57) | €53 | + 7% | |
| 1 package of marlboro cigarettes | 1,768Dram (€4.02) | €5.90 | - 32% | |
| TOTAL | - 33% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,518 prices entered by 254 different people.
These prices were last updated on November 28, 2023.
Exchange rate:
0.00227
EUR
/
AMD
Cost of living in Armenia is 33% cheaper than in Italy
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