Cost of living in Armenia compared to South Korea
Currency:
| Food | - 60% | |||
|---|---|---|---|---|
| Food in Armenia is 60% cheaper than in South Korea | ||||
| Basic lunchtime menu (including a drink) in the business district | 3,336Dram (₩7,218) | ₩9,298 | - 22% | |
| Combo meal in fast food restaurant (big mac meal or similar) | 4,135Dram (₩8,946) | ₩6,594 | + 36% | |
| 500 gr (1 lb.) of boneless chicken breast | 1,059Dram (₩2,291) | ₩6,605 | - 65% | |
| 1 liter (1 qt.) of whole fat milk | 523Dram (₩1,131) | ₩2,487 | - 55% | |
| 12 eggs, large | 946Dram (₩2,047) | ₩4,396 | - 53% | |
| 1 kg (2 lb.) of tomatoes | 450Dram (₩975) | ₩6,719 | - 85% | |
| 500 gr (16 oz.) of local cheese | 1,099Dram (₩2,379) | ₩10,773 | - 78% | |
| 1 kg (2 lb.) of apples | 727Dram (₩1,572) | ₩6,685 | - 76% | |
| 1 kg (2 lb.) of potatoes | 234Dram (₩506) | ₩4,124 | - 88% | |
| 0.5 l (16 oz) domestic beer in the supermarket | 427Dram (₩923) | ₩2,463 | - 63% | |
| 1 bottle of red table wine, good quality | 2,944Dram (₩6,371) | ₩24,217 | - 74% | |
| 2 liters of coca-cola | 594Dram (₩1,285) | ₩2,598 | - 51% | |
| Bread for 2 people for 1 day | 167Dram (₩361) | ₩3,250 | - 89% | |
| Housing | - 60% | |||
| Housing in Armenia is 60% cheaper than in South Korea | ||||
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in expensive area | 298,706Dram (₩646,302) | ₩1,619,410 | - 60% | |
| Monthly rent for 85 m2 (900 sqft) furnished accommodation in normal area | 154,281Dram (₩333,814) | ₩1,113,250 | - 70% | |
| Utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | 27,359Dram (₩59,195) | ₩268,509 | - 78% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | 164,689Dram (₩356,333) | ₩935,590 | - 62% | |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | 78,161Dram (₩169,114) | ₩584,906 | - 71% | |
| Utilities 1 month (heating, electricity, gas ...) for 1 person in 45 m2 (480 sqft) studio | 15,687Dram (₩33,942) | ₩91,589 | - 63% | |
| Internet 8 mbps (1 month) | 6,480Dram (₩14,021) | ₩27,370 | - 49% | |
| 40” flat screen tv | 312,314Dram (₩675,745) | ₩370,780 | + 82% | |
| Microwave 800/900 watt (bosch, panasonic, lg, sharp, or equivalent brands) | 98,547Dram (₩213,223) | ₩133,607 | + 60% | |
| Laundry detergent (3 l. ~ 100 oz.) | 4,738Dram (₩10,252) | ₩14,117 | - 27% | |
| Hourly rate for cleaning help | 2,009Dram (₩4,348) | ₩12,853 | - 66% | |
| Clothes | - 39% | |||
| Clothes in Armenia is 39% cheaper than in South Korea | ||||
| 1 pair of jeans (levis 501 or similar) | 21,442Dram (₩46,393) | ₩41,844 | + 11% | |
| 1 summer dress in a high street store (zara, h&m or similar retailers) | 12,822Dram (₩27,743) | ₩52,250 | - 47% | |
| 1 pair of sport shoes (nike, adidas, or equivalent brands) | 36,322Dram (₩78,589) | ₩92,681 | - 15% | |
| 1 pair of men’s leather business shoes | 23,849Dram (₩51,601) | ₩173,054 | - 70% | |
| Transportation | - 71% | |||
| Transportation in Armenia is 71% cheaper than in South Korea | ||||
| Volkswagen golf 1.4 tsi 150 cv (or equivalent), with no extras, new | 3,999,200Dram (₩8,652,962) | ₩30,595,300 | - 72% | |
| 1 liter (1/4 gallon) of gas | 352Dram (₩761) | ₩1,481 | - 49% | |
| Monthly ticket public transport | 6,280Dram (₩13,587) | ₩74,667 | - 82% | |
| Personal Care | - 67% | |||
| Personal Care in Armenia is 67% cheaper than in South Korea | ||||
| Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands) | 3,000Dram (₩6,491) | ₩6,377 | + 2% | |
| 1 box of antibiotics (12 doses) | 2,500Dram (₩5,409) | ₩7,390 | - 27% | |
| Short visit to private doctor (15 minutes) | 6,693Dram (₩14,482) | ₩96,192 | - 85% | |
| 1 box of 32 tampons (tampax, ob, ...) | 2,000Dram (₩4,327) | ₩17,569 | - 75% | |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | 1,026Dram (₩2,221) | ₩6,934 | - 68% | |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | 800Dram (₩1,731) | ₩8,324 | - 79% | |
| 4 rolls of toilet paper | 451Dram (₩975) | ₩2,646 | - 63% | |
| Tube of toothpaste | 300Dram (₩649) | ₩2,204 | - 71% | |
| Standard men's haircut in expat area of the city | 2,229Dram (₩4,823) | ₩17,384 | - 72% | |
| Entertainment | - 74% | |||
| Entertainment in Armenia is 74% cheaper than in South Korea | ||||
| Basic dinner out for two in neighborhood pub | 6,493Dram (₩14,049) | ₩36,000 | - 61% | |
| 2 tickets to the movies | 3,302Dram (₩7,145) | ₩20,876 | - 66% | |
| 2 tickets to the theater (best available seats) | 20,000Dram (₩43,273) | ₩165,595 | - 74% | |
| Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert | 15,324Dram (₩33,157) | ₩71,670 | - 54% | |
| 1 cocktail drink in downtown club | 1,266Dram (₩2,740) | ₩10,109 | - 73% | |
| Cappuccino in expat area of the city | 1,032Dram (₩2,234) | ₩5,043 | - 56% | |
| 1 beer in neighbourhood pub (500ml or 1pt.) | 862Dram (₩1,866) | ₩5,279 | - 65% | |
| Ipad wi-fi 128gb | 150,000Dram (₩324,551) | ₩669,053 | - 51% | |
| 1 min. of prepaid mobile tariff (no discounts or plans) | 20Dram (₩43) | ₩1,500 | - 97% | |
| 1 month of gym membership in business district | 23,882Dram (₩51,672) | ₩61,508 | - 16% | |
| 1 package of marlboro cigarettes | 702Dram (₩1,519) | ₩4,538 | - 67% | |
| TOTAL | - 65% | |||
WARNING! This comparison is based on only a few data points. At this point it is only a guess. It is based on 790 prices entered by 126 different people.
These prices were last updated on November 26, 2020.
Exchange rate:
2.164
KRW
/
AMD
Cost of living in Armenia is 65% cheaper than in South Korea
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