Cost of Living in Yerevan, Armenia
Armenia · Asia
Cost of Living in Yerevan: Quick Answer
The average cost of living in Yerevan, Armenia is approximately $1,050 per month for one person. This page covers rent, groceries, transportation, utilities, salaries and quality of life. The cost of living index is 38, using New York City as the 100-point benchmark.
$1,050
Monthly Cost
avg/person
38
Cost Index
NYC = 100
32
Rent Index
NYC = 100
58
Quality of Life
Moderate
62
Safety Index
Moderate
1.1M
Population
AMD
| Item | Price (USD) |
|---|---|
| Meal (inexpensive) | $5 |
| Meal for 2 (mid-range) | $20 |
| McMeal at McDonald's | $5 |
| Domestic Beer (0.5L) | $2 |
| Imported Beer (0.33L) | $3 |
| Cappuccino | $2.5 |
| Coke/Pepsi (0.33L) | $1 |
| Water (0.33L) | $0.5 |
| Item | Price (USD) |
|---|---|
| Milk (1L) | $0.9 |
| Bread (500g) | $0.5 |
| Rice (1kg) | $1 |
| Eggs (12) | $1.8 |
| Chicken (1kg) | $3.5 |
| Beef (1kg) | $7 |
| Apples (1kg) | $0.8 |
| Banana (1kg) | $0.9 |
| Tomato (1kg) | $0.8 |
| Potato (1kg) | $0.4 |
| Onion (1kg) | $0.4 |
| Water (1.5L) | $0.4 |
| Item | Price (USD) |
|---|---|
| 1-way Ticket (local) | $0.3 |
| Monthly Pass | $12 |
| Taxi 1km | $0.35 |
| Gasoline (1L) | $1.1 |
| Volkswagen Golf | $22000 |
| Toyota Corolla | $17000 |
| Item | Price (USD) |
|---|---|
| Basic (85m² apt) | $65 |
| Mobile Plan | $8 |
| Internet (60 Mbps) | $14 |
| Fitness Club/month | $28 |
| Item | Price (USD) |
|---|---|
| 1BR Center | $430/mo |
| 1BR Outside | $260/mo |
| 3BR Center | $980/mo |
| 3BR Outside | $560/mo |
| Price/m² Center | $1,700/m² |
| Price/m² Outside | $950/m² |
| Item | Price (USD) |
|---|---|
| Average Net Salary | $620 |
| Mortgage Interest Rate | 12% |
Cost of Living in Yerevan: Complete Guide
The cost of living in Yerevan, Armenia, depends mainly on housing, transportation, food, utilities and lifestyle. The estimated monthly cost for one person is $1,050. The city's cost of living index is 38, compared with a New York City benchmark of 100.
Monthly Expenses in Yerevan
A typical monthly budget in Yerevan includes rent, groceries, transportation, utilities and other everyday expenses. Housing is usually one of the largest parts of the monthly budget.
Rent and Housing Costs in Yerevan
A one-bedroom apartment outside the city center costs approximately $260 per month, while a one-bedroom apartment in the city center costs around $430. A three-bedroom apartment in the center averages $980 per month.
Average Salary in Yerevan
The average net salary in Yerevan is approximately $620 per month. Purchasing power is rated 46out of 100.
Is Yerevan Expensive to Live In?
With a cost of living index of 38,Yerevan is less expensive than the New York City benchmark. Housing, groceries and transportation are important factors when comparing the total monthly cost.
Quality of Life in Yerevan
Safety
Yerevan has a safety score of 62/100. Safety is one of the factors to consider when comparing living costs and choosing a city.
Healthcare
Healthcare in Yerevan is rated 58/100. Healthcare access and medical costs can affect the total monthly budget for residents and families.
Climate
The climate index for Yerevan is 60/100. Climate and seasonal conditions can influence housing, transport and lifestyle expenses.
Purchasing Power
Yerevan has a purchasing power score of 46/100. Comparing salary levels with living expenses provides a better picture of affordability than looking at rent alone.
Living in Yerevan
Cost of Living for Students
Students should budget for accommodation, food, transportation, utilities and study expenses. Shared housing and public transportation may reduce monthly expenses.
Cost of Living for Expats
Expats considering Yerevan should compare rent, healthcare, transportation, taxes, groceries and salary levels before relocating.
Cost of Living for Remote Workers
Remote workers can compare housing, transportation, internet, food and purchasing power to estimate whether Yerevan fits their monthly budget.
Is Yerevan Affordable?
Affordability depends on income and housing choices. The cost index of 38provides a useful benchmark when comparing Yerevan with other cities.
Key Cost of Living Facts for Yerevan
- Average Monthly Cost
- $1,050
- Cost Index
- 38
- Rent Index
- 32
- Average Net Salary
- $620
- Quality of Life
- 58/100
- Safety
- 62/100
- Healthcare
- 58/100
- Currency
- AMD
Frequently Asked Questions About Yerevan
What is the cost of living in Yerevan?
The estimated cost of living in Yerevan, Armenia, is approximately $1,050 per month for one person. This estimate includes major living expenses such as housing, food, transportation and utilities.
How much is rent in Yerevan?
A one-bedroom apartment outside the center costs approximately $260 per month, while a one-bedroom apartment in the center costs about $430.
Is Yerevan expensive to live in?
Yerevan has a cost index of 38 compared with New York City's benchmark of 100. The overall affordability depends on housing, salary and lifestyle.
What is the average salary in Yerevan?
The average net salary in Yerevan is approximately $620 per month.
Is Yerevan good for expats?
Expats should evaluate housing, salaries, transportation, healthcare, safety and quality of life before deciding whether Yerevan is suitable for relocation.