Cost of living in Armenia compared to South Korea
Currency:
Food | - 63% | |||
---|---|---|---|---|
Food in Armenia is 63% cheaper than in South Korea | ||||
Basic lunchtime menu (including a drink) in the business district | 1,819Dram (₩3,923) | ₩9,411 | - 58% | |
Combo meal in fast food restaurant (big mac meal or similar) | 4,135Dram (₩8,916) | ₩6,661 | + 34% | |
500 gr (1 lb.) of boneless chicken breast | 1,059Dram (₩2,284) | ₩5,558 | - 59% | |
1 liter (1 qt.) of whole fat milk | 523Dram (₩1,127) | ₩2,243 | - 50% | |
12 eggs, large | 946Dram (₩2,040) | ₩4,906 | - 58% | |
1 kg (2 lb.) of tomatoes | 450Dram (₩971) | ₩6,379 | - 85% | |
500 gr (16 oz.) of local cheese | 1,099Dram (₩2,371) | ₩13,015 | - 82% | |
1 kg (2 lb.) of apples | 727Dram (₩1,567) | ₩5,944 | - 74% | |
1 kg (2 lb.) of potatoes | 234Dram (₩504) | ₩3,678 | - 86% | |
0.5 l (16 oz) domestic beer in the supermarket | 427Dram (₩920) | ₩2,166 | - 58% | |
1 bottle of red table wine, good quality | 2,944Dram (₩6,349) | ₩22,522 | - 72% | |
2 liters of coca-cola | 594Dram (₩1,281) | ₩2,819 | - 55% | |
Bread for 2 people for 1 day | 167Dram (₩360) | ₩2,980 | - 88% | |
Housing | - 64% | |||
Housing in Armenia is 64% cheaper than in South Korea | ||||
Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 297,554Dram (₩641,630) | ₩1,839,660 | - 65% | |
Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 154,281Dram (₩332,684) | ₩1,187,480 | - 72% | |
Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 27,359Dram (₩58,995) | ₩250,846 | - 76% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 185,497Dram (₩399,996) | ₩1,200,300 | - 67% | |
Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 78,161Dram (₩168,542) | ₩587,302 | - 71% | |
Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 15,687Dram (₩33,827) | ₩81,680 | - 59% | |
Internet 8 mbps (1 month) | 6,480Dram (₩13,974) | ₩41,339 | - 66% | |
40” flat screen tv | 312,314Dram (₩673,458) | ₩352,573 | + 91% | |
Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98,547Dram (₩212,501) | ₩113,587 | + 87% | |
Laundry detergent (3 l. ~ 100 oz.) | 4,738Dram (₩10,217) | ₩13,071 | - 22% | |
Hourly rate for cleaning help | 2,009Dram (₩4,333) | ₩13,039 | - 67% | |
Clothes | - 40% | |||
Clothes in Armenia is 40% cheaper than in South Korea | ||||
1 pair of jeans (levis 501 or similar) | 21,442Dram (₩46,236) | ₩41,844 | + 10% | |
1 summer dress in a high street store (zara, h&m or similar retailers) | 12,822Dram (₩27,650) | ₩52,250 | - 47% | |
1 pair of sport shoes (nike, adidas, or equivalent brands) | 36,322Dram (₩78,323) | ₩95,365 | - 18% | |
1 pair of men’s leather business shoes | 23,849Dram (₩51,426) | ₩173,054 | - 70% | |
Transportation | - 71% | |||
Transportation in Armenia is 71% cheaper than in South Korea | ||||
Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,999,200Dram (₩8,623,670) | ₩29,087,500 | - 70% | |
1 liter (1/4 gallon) of gas | 352Dram (₩758) | ₩1,439 | - 47% | |
Monthly ticket public transport | 6,845Dram (₩14,759) | ₩80,931 | - 82% | |
Personal Care | - 68% | |||
Personal Care in Armenia is 68% cheaper than in South Korea | ||||
Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,000Dram (₩6,469) | ₩6,377 | + 1% | |
1 box of antibiotics (12 doses) | 2,500Dram (₩5,391) | ₩7,390 | - 27% | |
Short visit to private doctor (15 minutes) | 6,693Dram (₩14,433) | ₩96,192 | - 85% | |
1 box of 32 tampons (tampax, ob, ...) | 2,000Dram (₩4,313) | ₩21,662 | - 80% | |
Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,026Dram (₩2,213) | ₩8,130 | - 73% | |
Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 800Dram (₩1,725) | ₩8,324 | - 79% | |
4 rolls of toilet paper | 451Dram (₩972) | ₩1,815 | - 46% | |
Tube of toothpaste | 300Dram (₩647) | ₩2,204 | - 71% | |
Standard men's haircut in expat area of the city | 2,229Dram (₩4,806) | ₩17,384 | - 72% | |
Entertainment | - 74% | |||
Entertainment in Armenia is 74% cheaper than in South Korea | ||||
Basic dinner out for two in neighborhood pub | 6,493Dram (₩14,002) | ₩33,460 | - 58% | |
2 tickets to the movies | 3,302Dram (₩7,121) | ₩20,876 | - 66% | |
2 tickets to the theater (best available seats) | 20,000Dram (₩43,127) | ₩165,595 | - 74% | |
Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,324Dram (₩33,045) | ₩67,775 | - 51% | |
1 cocktail drink in downtown club | 1,266Dram (₩2,730) | ₩10,109 | - 73% | |
Cappuccino in expat area of the city | 1,032Dram (₩2,226) | ₩5,000 | - 55% | |
1 beer in neighbourhood pub (500ml or 1pt.) | 862Dram (₩1,860) | ₩5,279 | - 65% | |
Ipad wi-fi 128gb | 150,000Dram (₩323,452) | ₩669,053 | - 52% | |
1 min. of prepaid mobile tariff (no discounts or plans) | 20Dram (₩43) | ₩1,500 | - 97% | |
1 month of gym membership in business district | 23,882Dram (₩51,497) | ₩61,508 | - 16% | |
1 package of marlboro cigarettes | 702Dram (₩1,514) | ₩4,500 | - 66% | |
TOTAL | - 67% |

These prices were last updated on March 04, 2021.
Exchange rate:
2.156
KRW
/
AMD
Cost of living in Armenia is 67% cheaper than in South Korea
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