Cost of living in Armenia compared to South Korea
Currency:
| Food | - 48% | |||
|---|---|---|---|---|
| Food in Armenia is 48% cheaper than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| Basic lunchtime menu (including a drink) in the business district | 2,926Dram (₩9,867) | ₩9,573 | + 3% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 2,330Dram (₩7,856) | ₩7,837 | + 0% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,333Dram (₩4,496) | ₩6,830 | - 34% | |
| 1 liter (1 qt.) of whole fat milk | 645Dram (₩2,175) | ₩2,872 | - 24% | |
| 12 eggs, large | 783Dram (₩2,639) | ₩6,179 | - 57% | |
| 1 kg (2 lb.) of tomatoes | 785Dram (₩2,648) | ₩8,120 | - 67% | |
| 500 gr (16 oz.) of local cheese | 1,532Dram (₩5,166) | ₩7,646 | - 32% | |
| 1 kg (2 lb.) of apples | 482Dram (₩1,625) | ₩8,423 | - 81% | |
| 1 kg (2 lb.) of potatoes | 376Dram (₩1,267) | ₩4,872 | - 74% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 464Dram (₩1,566) | ₩2,927 | - 46% | |
| 1 bottle of red table wine, good quality | 3,116Dram (₩10,509) | ₩20,558 | - 49% | |
| 2 liters of coca-cola | 761Dram (₩2,568) | ₩3,521 | - 27% | |
| Bread for 2 people for 1 day | 244Dram (₩823) | ₩4,142 | - 80% | |
| Housing | - 25% | |||
| Housing in Armenia is 25% cheaper than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 492,827Dram (₩1,661,959) | ₩3,748,000 | - 56% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 475,838Dram (₩1,604,667) | ₩2,221,890 | - 28% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 76,231Dram (₩257,075) | ₩253,895 | + 1% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 388,400Dram (₩1,309,800) | ₩1,163,600 | + 13% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 189,717Dram (₩639,782) | ₩778,449 | - 18% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 27,371Dram (₩92,302) | ₩120,000 | - 23% | |
| Internet 8 mbps (1 month) | 6,535Dram (₩22,037) | ₩31,294 | - 30% | |
| 40” flat screen tv | 231,644Dram (₩781,172) | ₩219,090 | + 257% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 54,871Dram (₩185,040) | ₩89,516 | + 107% | |
| Laundry detergent (3 l. ~ 100 oz.) | 7,937Dram (₩26,767) | ₩16,029 | + 67% | |
| Hourly rate for cleaning help | 6,331Dram (₩21,350) | ₩14,433 | + 48% | |
| Clothes | + 63% | |||
| Clothes in Armenia is 63% more expensive than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| 1 pair of jeans (levis 501 or similar) | 50,705Dram (₩170,992) | ₩79,338 | + 116% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 26,060Dram (₩87,882) | ₩58,578 | + 50% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 51,074Dram (₩172,236) | ₩89,888 | + 92% | |
| 1 pair of men’s leather business shoes | 50,000Dram (₩168,615) | ₩144,451 | + 17% | |
| Transportation | - 26% | |||
| Transportation in Armenia is 26% cheaper than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 2,000,000Dram (₩6,744,594) | ₩41,899,500 | - 84% | |
| 1 liter (1/4 gallon) of gas | 489Dram (₩1,649) | ₩1,879 | - 12% | |
| Monthly ticket public transport | 17,671Dram (₩59,593) | ₩56,684 | + 5% | |
| Personal Care | - 30% | |||
| Personal Care in Armenia is 30% cheaper than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 447Dram (₩1,507) | ₩8,245 | - 82% | |
| 1 box of antibiotics (12 doses) | 4,000Dram (₩13,489) | ₩4,500 | + 200% | |
| Short visit to private doctor (15 minutes) | 10,884Dram (₩36,704) | ₩45,465 | - 19% | |
| 1 box of 32 tampons (tampax, ob, ...) | 2,000Dram (₩6,745) | ₩21,034 | - 68% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 2,500Dram (₩8,431) | ₩10,694 | - 21% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 1,250Dram (₩4,215) | ₩8,457 | - 50% | |
| 4 rolls of toilet paper | 780Dram (₩2,630) | ₩5,308 | - 50% | |
| Tube of toothpaste | 1,194Dram (₩4,027) | ₩8,235 | - 51% | |
| Standard men's haircut in expat area of the city | 3,587Dram (₩12,096) | ₩12,817 | - 6% | |
| Entertainment | + 7% | |||
| Entertainment in Armenia is 7% more expensive than in South Korea | ||||
| Armenia | South Korea | Diff | ||
| Basic dinner out for two in neighborhood pub | 7,680Dram (₩25,900) | ₩32,969 | - 21% | |
| 2 tickets to the movies | 3,469Dram (₩11,698) | ₩28,078 | - 58% | |
| 2 tickets to the theater (best available seats) | 13,367Dram (₩45,078) | ₩270,239 | - 83% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 35,217Dram (₩118,761) | ₩66,875 | + 78% | |
| 1 cocktail drink in downtown club | 7,295Dram (₩24,600) | ₩15,654 | + 57% | |
| Cappuccino in expat area of the city | 1,756Dram (₩5,923) | ₩5,405 | + 10% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 1,039Dram (₩3,504) | ₩4,568 | - 23% | |
| Ipad wi-fi 128gb | 450,000Dram (₩1,517,534) | ₩795,597 | + 91% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 20Dram (₩67) | ₩207 | - 67% | |
| 1 month of gym membership in business district | 21,565Dram (₩72,725) | ₩72,194 | + 1% | |
| 1 package of marlboro cigarettes | 893Dram (₩3,013) | ₩4,500 | - 33% | |
| TOTAL | - 24% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 657 prices entered by 107 different people.
These prices were last updated on March 18, 2023.
Exchange rate:
3.372
KRW
/
AMD
Cost of living in Armenia is 24% cheaper than in South Korea
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