Cost of living and prices in Yerevan, prices of food, rent, shopping, etc. 🇦🇲
Updated Jul 2023

Discover the cost of living in Yerevan, Armenia, a bustling city located in Western Asia with a population of over 1 million people. The city sits at an elevation of 994 meters above sea level, providing picturesque views of the surrounding landscape.

Despite being the capital of Armenia, Yerevan has a relatively low cost of living compared to other major cities in Europe and Asia. Housing costs are affordable, and you can enjoy delicious local food and drinks without breaking the bank. The city is also home to a vibrant arts and culture scene, with numerous museums, theaters, and galleries to explore.

Whether you are a student, professional, or retiree, Yerevan offers a high quality of life at an affordable price. With its rich history, welcoming locals, and stunning scenery, Yerevan is a hidden gem that more people are discovering every year.

Cost of Living Estimate in Yerevan

Total cost of living in Yerevan for two person with average consumption for one month will be 674.23 USD, no rent price included. Click here to calculate cost-of-living estimate in Yerevan

You can calculate cost of living in Yerevan by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Yerevan, the capital city of Armenia, is a food lover's paradise with various dining options to choose from. The city has a plethora of traditional Armenian restaurants offering delicious and authentic dishes like khorovats (barbecue), dolma (stuffed vegetables), and khash (a soup made of cow feet and tripe). Additionally, Armenian cuisine has been influenced by neighboring countries, so you can also find Middle Eastern, Caucasian, and Mediterranean food. Yerevan's streets are lined with local eateries, cafes, and restaurants serving everything from traditional dishes to international cuisine, so there is something for everyone's taste buds.

If you are in the mood for something modern and trendy, Yerevan has a growing number of upscale restaurants offering fusion cuisine and contemporary dining experiences. These restaurants pride themselves on using high-quality, locally sourced ingredients to create innovative dishes that blend Armenian flavors with international cuisine. You can also find themed restaurants in Yerevan that offer unique dining experiences, such as medieval-themed restaurants or those inspired by traditional Armenian designs. Yerevan's food scene is constantly evolving, so whether you are looking for traditional Armenian food or something more contemporary, you are sure to find a restaurant that will satisfy your appetite.

Meal in Inexpensive Restaurant
5.41 $
Meal for 2 People, Mid-range Restaurant, Three-course
24.07 $
McMeal at McDonalds or Alternative Combo Meal
4.81 $
Domestic Beer, 0.5 liter Draught
1.16 $
Imported Beer, 0.33 liter Bottle
1.64 $
Cappuccino
1.97 $
Coca-Cola, 0.33 liter Bottle
0.62 $

Markets prices

If you're a savvy shopper looking for palatable prices, you will find some good deals in Yerevan. Prices for some items, such as groceries and raw materials, tend to be lower than in other parts of the world. However, prices for goods like clothing, electronics, and luxury items may be comparable to those in other cities, if not higher. As a whole, the market in Yerevan is continually evolving, and prices can fluctuate depending on the season and demand.

When it comes to tourism, Yerevan can be considered a relatively affordable destination. Compared to some of Europe's top destinations, Armenia can be a lot less expensive. Visitors can expect to pay reasonable prices for accommodation, food, and transportation. Additionally, given that Armenia is a country that's steeped in history, culture, and natural beauty, many visitors find that the quality of their experience here is worth the costs.

Water, 0.33 liter Bottle
0.34 $
Milk, Regular,1 liter
0.89 $
Loaf of Fresh White Bread, 0.5 kg
0.47 $
White Rice, 1 kg
1.29 $
Eggs, 12 pack
1.46 $
Local Cheese, 1 kg
4.20 $
Chicken Breasts, Boneless and Skinless, 1 kg
4.12 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
6.54 $
Apples, 1 kg
0.92 $
Banana, 1 kg
1.29 $
Oranges, 1 kg
1.23 $
Tomato, 1 kg
0.90 $
Potato, 1 kg
0.46 $
Onion, 1 kg
0.54 $
Lettuce, 1 head
0.42 $
Water, 1.5 liter Bottle
0.43 $
Bottle of Wine, Mid-Range Price
5.78 $
Domestic Beer, 0.5 liter Bottle
0.85 $
Imported Beer, 0.33 liter Bottle
1.24 $
Pack of Cigarettes
1.54 $

Transportation prices

Yerevan, the capital city of Armenia, offers a range of transportation options for travelers wanting to explore the city. One of the most popular ways to get around is by taking a taxi. The taxis in Yerevan are affordable and plentiful, and visitors can easily hail a cab on the street or through a ride-hailing app. Another great option is the Yerevan Metro, which is fast, affordable, and convenient. The metro operates on two lines, making it easy for visitors to reach all parts of the city. Overall, transportation in Yerevan is easy and affordable, making it a great city to explore on foot or by using public transportation.

For visitors who prefer a more unique transportation experience, the Yerevan Trolleybus system is a great option. The trolleybuses are electric-powered and operate on overhead wires, which adds to their charm. The trolleybuses are a great way to see the city from a different perspective and are a popular choice for tourists. Another option is the Yerevan Funikulior, which is a cable car that takes passengers up to the top of the city's famous Cascade complex. The Funikulior offers stunning views of the city and is a fun way to reach the top of the complex. With all the different transportation options available, visitors to Yerevan are sure to find a method of transportation that fits their needs.

One-way Ticket, Local Transport
0.19 $
Monthly Pass, Regular Price
11.55 $
Taxi Start, Normal Tariff
1.16 $
Taxi, price for 1 km, Normal Tariff
0.19 $
Taxi, price for 1 hour Waiting, Normal Tariff
2.31 $
Gasoline, 1 liter
0.79 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
22,144.76 $

Utilities Per Month prices

If you're planning a trip to Yerevan, it's important to note that the cost of utilities in the city can be quite high. This includes everything from electricity and water to heating and gas. However, many hotels and accommodations offer amenities such as free Wi-Fi and air conditioning, which can be a relief if you're worried about the cost of utilities. If you plan to stay for an extended period of time, it may be worth considering a rental with included utilities to save on costs.

While the cost of utilities in Yerevan may seem high compared to other cities, it's important to note that the quality of these services is generally very good. The electricity and water supply is reliable and safe to use, and many buildings in the city have central heating systems to keep residents warm during the colder months. If you're planning to travel during the summer, you may also find that the cost of utilities is lower due to a decrease in demand for heating. Overall, while the cost of utilities may be a consideration for travelers to Yerevan, the quality of these services is generally excellent.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
71.41 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.04 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
16.10 $

Sports And Leisure prices

Yerevan, the capital city of Armenia, offers a vibrant sports and leisure scene for travelers seeking an active vacation. From hiking in the stunning mountains to playing chess in one of the many parks, there is something for everyone in Yerevan. For those who enjoy spectator sports, the city boasts a strong soccer and basketball culture, with games often attracting enthusiastic crowds. Additionally, there are many fitness centers and yoga studios for those who want to stay active while on vacation.

For leisure activities, Yerevan offers a plethora of options. The city has a rich cultural heritage, and travelers can explore museums, theaters, and galleries to learn more about Armenia's history and art. The city's bustling cafe culture provides opportunities to relax and soak up the local atmosphere, and there are many beautiful parks and gardens in Yerevan where travelers can unwind and recharge. Overall, Yerevan is a must-visit destination for travelers who value both active and leisurely pursuits.

Fitness Club, Monthly Fee for 1 Adult
51.68 $
Tennis Court Rent, 1 Hour on Weekend
12.29 $

Salaries And Financing prices

Salaries in Yerevan, Armenia are generally lower than many countries in Europe or North America. However, the cost of living is also considerably lower, making it more affordable for travelers looking to stretch their budget. Most jobs in the city pay between $300-$600 per month, with the average salary around $400 per month. It is important to note that tips are not common in Armenia, so the price you see on a menu or bill is typically the final price.

Financing in Yerevan can be a bit challenging for travelers as international credit and debit cards are not always accepted. It is recommended to carry cash in Armenian dram and exchange it at banks or currency exchange offices, as many businesses do not accept foreign currency. It is also advised to keep small bills on hand, as larger bills may not be accepted or may be difficult to exchange. ATMs are available throughout the city, but it is important to check if your bank card will work in Armenia before your trip. Overall, travelers should plan to bring a mix of cash and cards for their trip to Yerevan.

Cinema ticket, 1 Seat
4.81 $
Average Monthly Net Salary, After Tax
356.68 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
11.27 %

Childcare prices

Childcare prices in Yerevan, Armenia are generally affordable. When it comes to schools, there are a variety of options ranging from public to private institutions. Public schools are generally less expensive, but private schools offer more specialized programs and individual attention for students. Overall, the cost of education depends on the school's location, facilities, and curriculum.

Kindergartens in Yerevan are also available in both public and private options. Public kindergartens are subsidized by the government and offer affordable rates. Private kindergartens, on the other hand, offer more individualized attention and often have a higher tuition fee. Though prices may vary, the quality of education in both public and private kindergartens is generally considered to be comparable.

Private Preschool or Kindergarten, Monthly for 1 Child
138.85 $
International Primary School, Yearly for 1 Child
4,422.53 $

Clothing And Shoes prices

In Yerevan, Armenia, you can find a wide range of affordable and stylish clothing and shoes. From high-end boutiques to street markets, there are plenty of places to explore and find the perfect look for any occasion. Whether you're looking for casual wear or formal attire, there's something for everyone.

If you're on a budget, head to one of the many street markets in Yerevan where you can find great deals on everything from traditional Armenian clothing to the latest fashion trends. For those who prefer shopping in air-conditioned comfort, there are also several malls and shopping centers throughout the city offering a wide range of international and local brands. No matter what your style or budget, Yerevan is a great place to shop for clothing and shoes.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
56.70 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
43.40 $
Pair of Running Shoes, Mid-Range Price
80.00 $
Pair of Leather Business Shoes
76.67 $

Rent Per Month prices

Looking for a short stay in Yerevan, Armenia? Whether it's for a few days or a few weeks, there are plenty of options available for short-term rentals in the heart of the city. From cozy apartments to spacious suites, you'll find everything you need for a comfortable stay. Prices for short-term rentals vary depending on the location and amenities, but they're generally more affordable than traditional hotels. Plus, you'll have the added benefit of having your own private space.

If you're planning on staying in Yerevan for an extended period of time, there are plenty of options for longer-term rentals as well. Many landlords offer discounted rates for monthly rentals, making it easy to find an affordable option that fits your needs. Whether you're a student, a remote worker, or just looking for a change of scenery, Yerevan has plenty of options for short and long-term stays. So why not make the most of your time in this beautiful city and book your stay today?

One bedroom apartment in city centre
350.67 $
One bedroom apartment outside of city centre
188.56 $
Three bedroom apartment in city centre
739.73 $
Three bedroom apartment outside of city centre
329.08 $

Buy Apartment prices

If you're thinking of buying real estate in Yerevan, Armenia, there are a few different options available to you. One popular choice is new construction, with a number of luxurious new apartment buildings going up in the city in recent years. These modern buildings often come with amenities like swimming pools and fitness centers, and offer residents a convenient, comfortable living experience. Alternatively, you may want to consider purchasing an older property in Yerevan, either to renovate and flip or to fix up and live in yourself. While these properties may require more work, they can often be purchased at a lower price point than new construction.

As for prices, real estate in Yerevan can vary widely depending on a number of factors. Location is one key consideration, with properties in the most desirable areas generally commanding higher prices. Your budget will also play a big role in determining what types of properties you can afford. As a general rule, prices for real estate in Yerevan tend to be more affordable than in many other major cities around the world, making it a great option for those looking to invest in international real estate.

Price per m2 to Buy Apartment in City Center
1,675.49 $
Price per m2 to Buy Apartment Outside of City Center
862.78 $