Cost of living in Yerevan (Armenia) is 17% more expensive than in Podgorica (Montenegro)
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WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 423 prices entered by 40 different people.
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Currency:
| Food | + 6% | |||
|---|---|---|---|---|
| Food in Yerevan (Armenia) is 6% more expensive than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,403Dram (€8) | €9 | - 10% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,260Dram (€5.43) | €4.83 | + 12% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,495Dram (€3.59) | €4.38 | - 18% | |
| 1 liter (1 qt.) of whole fat milk | 705Dram (€1.69) | €1.28 | + 32% | |
| 12 eggs, large | 1,255Dram (€3.01) | €2.55 | + 18% | |
| 1 kg (2 lb.) of tomatoes | 1,028Dram (€2.47) | €1.62 | + 53% | |
| 500 gr (16 oz.) of local cheese | 1,650Dram (€3.96) | €3.90 | + 1% | |
| 1 kg (2 lb.) of apples | 545Dram (€1.31) | €1.20 | + 9% | |
| 1 kg (2 lb.) of potatoes | 410Dram (€0.98) | €1.01 | - 3% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 453Dram (€1.09) | €0.89 | + 22% | |
| 1 bottle of red table wine, good quality | 3,329Dram (€8) | €5.78 | + 38% | |
| 2 liters of coca-cola | 763Dram (€1.83) | €1.63 | + 12% | |
| Bread for 2 people for 1 day | 263Dram (€0.63) | €0.60 | + 5% | |
| Housing | + 62% | |||
| Housing in Yerevan (Armenia) is 62% more expensive than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 541,070Dram (€1,299) | €729 | + 78% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 403,244Dram (€968) | €492 | + 97% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 52,338Dram (€126) | €123 | + 2% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 429,229Dram (€1,031) | €418 | + 147% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 212,610Dram (€510) | €278 | + 83% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 27,268Dram (€65) | €80 | - 18% | |
| Internet 8 mbps (1 month) | 8,444Dram (€20) | €28 | - 27% | |
| 40” flat screen tv | 185,110Dram (€444) | €318 | + 40% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 78,712Dram (€189) | €107 | + 76% | |
| Laundry detergent (3 l. ~ 100 oz.) | 5,127Dram (€12) | €4.73 | + 160% | |
| Hourly rate for cleaning help | 4,168Dram (€10) | €5.17 | + 93% | |
| Clothes | + 27% | |||
| Clothes in Yerevan (Armenia) is 27% more expensive than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 44,575Dram (€107) | €76 | + 41% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,624Dram (€54) | €38 | + 43% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 44,424Dram (€107) | €95 | + 12% | |
| 1 pair of men’s leather business shoes | 43,638Dram (€105) | €146 | - 28% | |
| Transportation | - 12% | |||
| Transportation in Yerevan (Armenia) is 12% cheaper than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 8,756,480Dram (€21,025) | €16,541 | + 27% | |
| 1 liter (1/4 gallon) of gas | 458Dram (€1.10) | €1.35 | - 19% | |
| Monthly ticket public transport | 9,036Dram (€22) | €28 | - 22% | |
| Taxi trip on a business day, basic tariff, 8 km. (5 miles) | 2,412Dram (€5.79) | €8 | - 30% | |
| Personal Care | + 25% | |||
| Personal Care in Yerevan (Armenia) is 25% more expensive than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,725Dram (€4.14) | €3.87 | + 7% | |
| 1 box of antibiotics (12 doses) | 2,723Dram (€7) | €4.73 | + 38% | |
| Short visit to private doctor (15 minutes) | 11,137Dram (€27) | €25 | + 7% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,570Dram (€3.77) | €3.89 | - 3% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,605Dram (€3.85) | €3.35 | + 15% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,284Dram (€3.08) | €3.00 | + 3% | |
| 4 rolls of toilet paper | 1,011Dram (€2.43) | €1.24 | + 96% | |
| Tube of toothpaste | 1,215Dram (€2.92) | €1.40 | + 109% | |
| Standard men's haircut in expat area of the city | 3,750Dram (€9) | €6 | + 39% | |
| Entertainment | + 16% | |||
| Entertainment in Yerevan (Armenia) is 16% more expensive than in Podgorica (Montenegro) | ||||
| Update prices | Update prices | |||
| Yerevan | Podgorica | Diff | ||
| Basic dinner out for two in neighborhood pub | 10,950Dram (€26) | €16 | + 60% | |
| 2 tickets to the movies | 6,302Dram (€15) | €10 | + 50% | |
| 2 tickets to the theater (best available seats) | 16,060Dram (€39) | €20 | + 93% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 23,830Dram (€57) | €32 | + 78% | |
| 1 cocktail drink in downtown club | 2,899Dram (€7) | €7 | + 4% | |
| Cappuccino in expat area of the city | 1,222Dram (€2.93) | €1.96 | + 50% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,260Dram (€3.03) | €2.23 | + 36% | |
| Ipad wi-fi 128gb | 294,324Dram (€707) | - | - | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 16Dram (€0.04) | €0.14 | - 72% | |
| 1 month of gym membership in business district | 24,259Dram (€58) | €36 | + 63% | |
| 1 package of marlboro cigarettes | 886Dram (€2.13) | €3.62 | - 41% | |
 |
TOTAL | + 17% | ||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 423 prices entered by 40 different people.
These prices were last updated on September 30, 2023.
Exchange rate:
0.00240
EUR
/
AMD
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For example, you would need at least €2,581 (1,075,060Dram) in Yerevan to maintain the same standard of living that you can have with €2,200 in Podgorica.
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