Cost of living in Armenia compared to Italy
Currency:
| Food | - 38% | |||
|---|---|---|---|---|
| Food in Armenia is 38% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 3,265Dram (€8) | €18 | - 57% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,203Dram (€5.24) | €10 | - 46% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,473Dram (€3.50) | €5.19 | - 33% | |
| 1 liter (1 qt.) of whole fat milk | 723Dram (€1.72) | €1.44 | + 19% | |
| 12 eggs, large | 1,265Dram (€3.01) | €3.69 | - 19% | |
| 1 kg (2 lb.) of tomatoes | 1,033Dram (€2.46) | €2.55 | - 4% | |
| 500 gr (16 oz.) of local cheese | 1,705Dram (€4.05) | €7 | - 38% | |
| 1 kg (2 lb.) of apples | 538Dram (€1.28) | €2.21 | - 42% | |
| 1 kg (2 lb.) of potatoes | 411Dram (€0.98) | €1.80 | - 46% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 437Dram (€1.04) | €1.59 | - 34% | |
| 1 bottle of red table wine, good quality | 3,218Dram (€8) | €7 | + 9% | |
| 2 liters of coca-cola | 785Dram (€1.87) | €2.21 | - 15% | |
| Bread for 2 people for 1 day | 263Dram (€0.63) | €1.26 | - 50% | |
| Housing | - 17% | |||
| Housing in Armenia is 17% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 523,812Dram (€1,246) | €1,847 | - 33% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 432,631Dram (€1,029) | €1,302 | - 21% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 57,219Dram (€136) | €159 | - 15% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 450,581Dram (€1,071) | €1,129 | - 5% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 228,829Dram (€544) | €798 | - 32% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 27,489Dram (€65) | €105 | - 38% | |
| Internet 8 mbps (1 month) | 8,493Dram (€20) | €25 | - 19% | |
| 40” flat screen tv | 191,466Dram (€455) | €285 | + 60% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 73,375Dram (€174) | €141 | + 24% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7,681Dram (€18) | €6 | + 193% | |
| Hourly rate for cleaning help | 4,830Dram (€11) | €11 | + 4% | |
| Clothes | + 28% | |||
| Clothes in Armenia is 28% more expensive than in Italy | ||||
| Armenia | Italy | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 41,525Dram (€99) | €82 | + 20% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 22,183Dram (€53) | €35 | + 50% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 51,334Dram (€122) | €94 | + 30% | |
| 1 pair of men’s leather business shoes | 50,000Dram (€119) | €134 | - 12% | |
| Transportation | - 49% | |||
| Transportation in Armenia is 49% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 2,000,000Dram (€4,756) | €31,530 | - 85% | |
| 1 liter (1/4 gallon) of gas | 449Dram (€1.07) | €1.87 | - 43% | |
| Monthly ticket public transport | 9,800Dram (€23) | €38 | - 39% | |
| Personal Care | - 33% | |||
| Personal Care in Armenia is 33% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 1,446Dram (€3.44) | €7 | - 53% | |
| 1 box of antibiotics (12 doses) | 3,004Dram (€7) | €11 | - 37% | |
| Short visit to private doctor (15 minutes) | 11,250Dram (€27) | €86 | - 69% | |
| 1 box of 32 tampons (tampax, ob, ...) | 1,668Dram (€3.97) | €5.40 | - 27% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,615Dram (€3.84) | €3.72 | + 3% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,291Dram (€3.07) | €3.27 | - 6% | |
| 4 rolls of toilet paper | 1,166Dram (€2.77) | €2.38 | + 16% | |
| Tube of toothpaste | 1,225Dram (€2.91) | €2.45 | + 19% | |
| Standard men's haircut in expat area of the city | 3,972Dram (€9) | €18 | - 49% | |
| Entertainment | - 30% | |||
| Entertainment in Armenia is 30% cheaper than in Italy | ||||
| Armenia | Italy | Diff | ||
| Basic dinner out for two in neighborhood pub | 11,043Dram (€26) | €39 | - 32% | |
| 2 tickets to the movies | 6,330Dram (€15) | €19 | - 20% | |
| 2 tickets to the theater (best available seats) | 15,311Dram (€36) | €88 | - 58% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 23,984Dram (€57) | €80 | - 28% | |
| 1 cocktail drink in downtown club | 3,230Dram (€8) | €8 | - 9% | |
| Cappuccino in expat area of the city | 1,221Dram (€2.90) | €1.91 | + 52% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,260Dram (€3.00) | €4.82 | - 38% | |
| Ipad wi-fi 128gb | 450,000Dram (€1,070) | €683 | + 57% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 15Dram (€0.04) | €0.35 | - 90% | |
| 1 month of gym membership in business district | 25,130Dram (€60) | €60 | - 1% | |
| 1 package of marlboro cigarettes | 1,768Dram (€4.20) | €5.89 | - 29% | |
| TOTAL | - 31% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 1,640 prices entered by 265 different people.
These prices were last updated on October 02, 2023.
Exchange rate:
0.00238
EUR
/
AMD
Cost of living in Armenia is 31% cheaper than in Italy
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