Cost of living in Armenia compared to South Korea
Currency:
| Food | - 51% | |||
|---|---|---|---|---|
| Food in Armenia is 51% cheaper than in South Korea | ||||
| Basic lunchtime menu (including a drink) in the business district | 4,871Dram (₩11,885) | ₩9,368 | + 27% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 4,135Dram (₩10,090) | ₩6,669 | + 51% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,059Dram (₩2,584) | ₩6,359 | - 59% | |
| 1 liter (1 qt.) of whole fat milk | 551Dram (₩1,344) | ₩2,595 | - 48% | |
| 12 eggs, large | 980Dram (₩2,392) | ₩4,079 | - 41% | |
| 1 kg (2 lb.) of tomatoes | 496Dram (₩1,209) | ₩5,742 | - 79% | |
| 500 gr (16 oz.) of local cheese | 1,099Dram (₩2,683) | ₩11,535 | - 77% | |
| 1 kg (2 lb.) of apples | 727Dram (₩1,773) | ₩6,965 | - 75% | |
| 1 kg (2 lb.) of potatoes | 259Dram (₩631) | ₩4,312 | - 85% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 427Dram (₩1,041) | ₩2,632 | - 60% | |
| 1 bottle of red table wine, good quality | 2,944Dram (₩7,185) | ₩25,238 | - 72% | |
| 2 liters of coca-cola | 594Dram (₩1,449) | ₩2,622 | - 45% | |
| Bread for 2 people for 1 day | 160Dram (₩390) | ₩3,132 | - 88% | |
| Housing | - 55% | |||
| Housing in Armenia is 55% cheaper than in South Korea | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 298,706Dram (₩728,891) | ₩1,647,450 | - 56% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 154,281Dram (₩376,471) | ₩1,060,460 | - 64% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 27,359Dram (₩66,759) | ₩336,254 | - 80% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 179,828Dram (₩438,810) | ₩669,754 | - 34% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 78,161Dram (₩190,725) | ₩605,216 | - 68% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 14,652Dram (₩35,754) | ₩91,170 | - 61% | |
| Internet 8 mbps (1 month) | 6,480Dram (₩15,813) | ₩30,708 | - 49% | |
| 40” flat screen tv | 312,314Dram (₩762,097) | ₩515,397 | + 48% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98,547Dram (₩240,470) | ₩131,154 | + 83% | |
| Laundry detergent (3 l. ~ 100 oz.) | 4,738Dram (₩11,562) | ₩28,954 | - 60% | |
| Hourly rate for cleaning help | 2,009Dram (₩4,903) | ₩13,020 | - 62% | |
| Clothes | - 40% | |||
| Clothes in Armenia is 40% cheaper than in South Korea | ||||
| 1 pair of jeans (levis 501 or similar) | 21,442Dram (₩52,322) | ₩58,979 | - 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 12,822Dram (₩31,289) | ₩55,180 | - 43% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 36,322Dram (₩88,632) | ₩108,239 | - 18% | |
| 1 pair of men’s leather business shoes | 23,849Dram (₩58,194) | ₩193,113 | - 70% | |
| Transportation | - 69% | |||
| Transportation in Armenia is 69% cheaper than in South Korea | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,999,200Dram (₩9,758,697) | ₩33,029,400 | - 70% | |
| 1 liter (1/4 gallon) of gas | 356Dram (₩870) | ₩1,511 | - 42% | |
| Monthly ticket public transport | 5,785Dram (₩14,117) | ₩74,667 | - 81% | |
| Personal Care | - 74% | |||
| Personal Care in Armenia is 74% cheaper than in South Korea | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,000Dram (₩7,320) | ₩6,016 | + 22% | |
| 1 box of antibiotics (12 doses) | 2,500Dram (₩6,100) | ₩7,390 | - 17% | |
| Short visit to private doctor (15 minutes) | 11,035Dram (₩26,928) | ₩215,280 | - 87% | |
| 1 box of 32 tampons (tampax, ob, ...) | 2,000Dram (₩4,880) | ₩16,991 | - 71% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 750Dram (₩1,830) | ₩8,772 | - 79% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 800Dram (₩1,952) | ₩10,077 | - 81% | |
| 4 rolls of toilet paper | 451Dram (₩1,100) | ₩3,569 | - 69% | |
| Tube of toothpaste | 300Dram (₩732) | ₩2,563 | - 71% | |
| Standard men's haircut in expat area of the city | 2,229Dram (₩5,439) | ₩17,354 | - 69% | |
| Entertainment | - 72% | |||
| Entertainment in Armenia is 72% cheaper than in South Korea | ||||
| Basic dinner out for two in neighborhood pub | 6,493Dram (₩15,845) | ₩39,171 | - 60% | |
| 2 tickets to the movies | 3,302Dram (₩8,059) | ₩21,123 | - 62% | |
| 2 tickets to the theater (best available seats) | 15,000Dram (₩36,602) | ₩165,595 | - 78% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,324Dram (₩37,394) | ₩82,956 | - 55% | |
| 1 cocktail drink in downtown club | 1,266Dram (₩3,090) | ₩11,911 | - 74% | |
| Cappuccino in expat area of the city | 1,032Dram (₩2,519) | ₩4,963 | - 49% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 807Dram (₩1,969) | ₩5,826 | - 66% | |
| Ipad wi-fi 128gb | 150,000Dram (₩366,024) | ₩547,998 | - 33% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 20Dram (₩49) | ₩1,500 | - 97% | |
| 1 month of gym membership in business district | 23,882Dram (₩58,275) | ₩61,748 | - 6% | |
| 1 package of marlboro cigarettes | 688Dram (₩1,679) | ₩4,538 | - 63% | |
| TOTAL | - 61% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 874 prices entered by 143 different people.
These prices were last updated on August 11, 2020.
Exchange rate:
2.440
KRW
/
AMD
Cost of living in Armenia is 61% cheaper than in South Korea
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