2024 Updated Price List on the Cost of Living in Armenia

If you’re wondering what it’s like to live in Armenia, you’re in luck! This blog post will give you a detailed overview of the cost of living in Armenia. From housing and transportation to food and entertainment, we’ll cover all the bases so you can get a better idea of what to expect.

History of Armenia

Armenia is a landlocked country in the Transcaucasus region, situated between Europe and Asia. The country has a rich and ancient history, dating back to the early Bronze Age. Armenia was the first country to adopt Christianity as its official religion, in the early 4th century.

Throughout its long history, Armenia has been occupied by various empires and kingdoms, including the Persians, Alexander the Great’s Macedonian Empire, Rome, Byzantium, Arabs, Seljuks, Mongols, and Ottoman Turks.

In 1918, Armenia declared independence from the Ottoman Empire but was soon annexed by the Soviet Union. After the Soviet Union dissolved in 1991, Armenia once again became an independent nation.

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Reasons to live in Armenia

If you’re considering a move to Armenia, there are plenty of reasons to do so! The cost of living in Armenia is relatively low, especially when compared to other countries in the region. And, despite its small size, Armenia has a lot to offer in terms of culture and history. Here are just a few of the many reasons to live in Armenia.

Housing is one of the biggest expenses in any country, but in Armenia, it’s relatively affordable. You can find a comfortable apartment for around $200 per month. And if you’re willing to live outside of the city center, you can find even cheaper options.

Transportation is also quite affordable in Armenia. A monthly public transportation pass will only set you back about $10. And if you need to travel outside of the country, there are plenty of cheap flights to neighboring destinations.

Armenia is also a great place to eat on a budget. You can find plenty of delicious and filling meals for under $5. And if you’re looking for something a bit more upscale, there are still plenty of options that won’t break the bank.

When it comes to entertainment, Armenia has a lot to offer as well. There are plenty of museums and historical sites to explore. And if you’re a fan of the outdoors, you’ll find no shortage of hiking and camping opportunities.

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The Cost of Accommodation in Armenia

The average rent for a one-bedroom apartment in the capital city of Yerevan is around $300 per month. Prices can vary depending on the neighborhood and amenities, but you can expect to pay between $250 and $350 for a basic apartment.

Utilities, such as electricity, gas, and water, will add $50 to $100 to your monthly expenses. Internet and cable TV are also widely available and typically cost around $20 per month.

If you’re looking for furnished accommodation, you can expect to pay a bit more. A furnished one-bedroom apartment in Yerevan will start at around $400 per month. Again, prices will vary depending on the neighborhood and amenities.

When budgeting for accommodation in Armenia, it’s important to remember that prices can change depending on the season. During the summer months, rents tend to be higher as demand is higher. If you’re flexible with your move-in date, try to arrive in the country during the off-season (autumn or spring) to get the best deals on rent.

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The Cost of Transportation in Armenia

If you’re planning on living in Armenia, it’s important to budget for the cost of transportation. While public transportation is relatively affordable, it can be unreliable. If you’re planning on owning a car, be prepared to pay for gas and insurance. Here’s a breakdown of the cost of transportation in Armenia:

  • Public Transportation:

The cost of public transportation in Armenia is relatively affordable. A one-way ticket on the bus or metro typically costs between 100-200 drams (about $0.20-$0.40). However, public transportation can be unreliable, so it’s important to factor that into your budget.

  • Car Ownership:

If you’re planning on owning a car in Armenia, you’ll need to budget for gas and insurance. Gasoline costs about 450 drams per liter (about $2.50 per gallon), and insurance typically costs around 10,000 drams per year (about $50).

The Cost of Food and Entertainment in Armenia

The cost of food in Armenia is relatively low. A meal at a restaurant will cost you about $10, while a meal at a fast-food restaurant will cost you about $5. groceries for a family of four will cost you about $200 per month.

The cost of entertainment in Armenia is also relatively low. A movie ticket will cost you about $5, and a monthly subscription to a streaming service like Netflix will cost you about $10. You can also find plenty of free entertainment options, like hiking and visiting museums.

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Frequently Asked Questions
  1. How much does housing cost in Armenia?
  2. Housing costs in Armenia can vary depending on the type of accommodation you’re looking for. For example, a one-bedroom apartment in the city center can cost around $500 per month, while a three-bedroom apartment in a suburban area may cost around $800 per month.
  3. What is the average cost of transportation in Armenia?
  4. The cost of transportation in Armenia also varies depending on your needs. If you plan on using public transportation, such as buses or taxis, the average cost is about $50 per month. However, if you plan on owning and operating your vehicle, the average monthly cost is about $200.
  5. How much does food cost in Armenia?
  6. Food costs in Armenia depend on your eating habits. If you cook most of your meals at home, the average monthly food cost is around $200. However, if you eat out frequently, the monthly food cost can be as high as $500.

Other Interesting Contents


The cost of living in Armenia is very reasonable, especially when compared to other countries in the region. You can expect to find affordable housing, transportation, food, and entertainment options throughout the country.

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