Cost of living and prices in Armenia, prices of food, rent, shopping, etc. 🇨🇴
Updated Jul 2023

Armenia, located in South America, is a beautiful city in Colombia known for its breathtaking views and rich culture. Situated at an elevation of 1480 meters above sea level, this city boasts a population of over 300,000 people.

Despite its relatively small size, Armenia offers a high quality of life for its residents with a low cost of living. From affordable housing and transportation to fresh, locally grown produce and delicious cuisine, Armenia is an excellent option for those looking for a unique and affordable place to live in Colombia.

Additionally, Armenia has a growing tourism industry, attracting visitors from all over the world with its stunning natural scenery, welcoming locals, and historical landmarks. Whether you're looking to relocate or simply visit, Armenia is an ideal destination that won't break the bank.

Cost of Living Estimate in Armenia

Total cost of living in Armenia for two person with average consumption for one month will be 399.08 USD, no rent price included. Click here to calculate cost-of-living estimate in Armenia

You can calculate cost of living in Armenia 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

When traveling to Armenia, Colombia, tourists should not miss out on the vast selection of local restaurants that offer traditional Colombian cuisine. There are many dining options found throughout the city that range from street vendors to high-end restaurants, making it accessible to all budgets. The city is particularly known for its barbecued meats, which are grilled to perfection and served with typical side dishes. However, vegetarian options are also available, with many restaurants offering fresh salads and vegetable dishes. Whether trying local delicacies or sticking to what you know, Armenia's diverse culinary scene is sure to satisfy any appetite.

In addition to traditional cuisine, Armenia also offers international dining options that cater to a variety of tastes. From Italian pasta dishes to Asian-inspired cuisine, there's something for everyone. While the city is known for its warm climate, numerous restaurants offer indoor and outdoor seating options, allowing diners to enjoy the beautiful surroundings while they eat. No matter where you choose to dine, the friendly locals and welcoming atmosphere will make for an unforgettable dining experience.

Meal in Inexpensive Restaurant
2.30 $
Meal for 2 People, Mid-range Restaurant, Three-course
11.48 $
McMeal at McDonalds or Alternative Combo Meal
3.73 $
Domestic Beer, 0.5 liter Draught
0.50 $
Imported Beer, 0.33 liter Bottle
1.58 $
Cappuccino
0.57 $
Coca-Cola, 0.33 liter Bottle
0.43 $

Markets prices

Market prices in Armenia, Colombia can vary greatly depending on the product being sold. Fresh fruits and vegetables can be found at reasonable prices, often sold by local farmers in outdoor markets. On the other hand, imported goods may come with a higher price tag due to transportation costs and taxes.

The cost of living in Armenia, Colombia is generally lower than in other major cities in the country. This can be reflected in the prices of everyday items such as groceries, clothing, and services. However, as with any market, supply and demand can have an impact on prices and it is always wise to compare prices before making a purchase.

Water, 0.33 liter Bottle
0.29 $
Milk, Regular,1 liter
0.52 $
Loaf of Fresh White Bread, 0.5 kg
0.57 $
White Rice, 1 kg
0.49 $
Eggs, 12 pack
1.26 $
Local Cheese, 1 kg
2.87 $
Chicken Breasts, Boneless and Skinless, 1 kg
2.58 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
3.44 $
Apples, 1 kg
0.86 $
Banana, 1 kg
0.29 $
Oranges, 1 kg
0.86 $
Tomato, 1 kg
0.40 $
Potato, 1 kg
0.20 $
Onion, 1 kg
0.46 $
Lettuce, 1 head
0.43 $
Water, 1.5 liter Bottle
0.29 $
Bottle of Wine, Mid-Range Price
3.73 $
Domestic Beer, 0.5 liter Bottle
0.43 $
Imported Beer, 0.33 liter Bottle
0.57 $
Pack of Cigarettes
1.23 $

Transportation prices

Armenia, Colombia offers a variety of transportation options for travelers. One of the most popular modes of transportation is the public bus system, which is both affordable and convenient. Buses are available throughout the city, and they run frequently, making it easy to get around town. For those who prefer a more personalized experience, taxis are readily available as well. Taxis are a bit more expensive than the bus system, but they provide a more direct route and can be hailed easily from the side of the road.

If you're looking for a unique mode of transportation, consider taking a ride on a chiva. Chivas are brightly colored buses that have been specially outfitted for tourists. They typically have live music or a DJ on board, and often stop at various points of interest around the city. While chivas are a bit more expensive than other options, they offer a fun and festive way to explore the area. Whether you're looking for a budget-friendly way to get around or a more lively experience, Armenia, Colombia has transportation options that are sure to suit your needs.

One-way Ticket, Local Transport
0.60 $
Monthly Pass, Regular Price
17.22 $
Taxi Start, Normal Tariff
1.26 $
Taxi, price for 1 km, Normal Tariff
1.32 $
Taxi, price for 1 hour Waiting, Normal Tariff
2.87 $
Gasoline, 1 liter
0.70 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
12,916.33 $

Utilities Per Month prices

When traveling to Armenia, Colombia, it's important to keep in mind the utilities cost as they may differ from what one is accustomed to. In general, the cost of utilities such as water, electricity, and gas tends to be lower than in other parts of South America. This is due to the country's efforts to reduce energy consumption and promote sustainability. However, it's important to keep in mind that the cost of utilities may still be a significant expense, especially for those who are not used to budgeting for these expenses.

One thing to note is that the cost of utilities in Armenia, Colombia, may vary based on the type of accommodations chosen. For those staying in hotels or hostels, utilities may be included in the cost of the room, making it easier to manage expenses. However, those who choose to rent an apartment or a house may need to factor in utilities costs as a separate expense. It's important to note that the cost of utilities will also depend on the individual's usage and lifestyle. Being mindful of electricity, water, and gas usage can help keep costs down and make for a more sustainable travel experience.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
38.27 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.04 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
17.41 $

Sports And Leisure prices

If you're looking for some high-energy sports and leisure activities in Armenia, Colombia, you'll find plenty to choose from. This vibrant city boasts everything from hiking and biking trails to soccer fields, public parks, and fitness centers, so you can easily stay active and engaged during your stay. Take a tour of the city's famous Quindio Botanical Gardens, or explore the local countryside with a horseback riding excursion that takes you through scenic valleys and past historic landmarks. Whatever your interests and fitness level, you're sure to find something to enjoy in Armenia, Colombia.

For those who prefer a more laid-back approach to leisure, Armenia has plenty of options to keep you entertained. Take a stroll through the picturesque streets of the historic district, or spend a lazy afternoon sipping coffee in one of the city's charming cafes. Head to the local markets to browse for souvenirs or fresh produce, or simply relax in one of the city's many public parks and people-watch. Whatever your tastes, Armenia has plenty of activities to keep you entertained both day and night. So come and discover this vibrant and beautiful city for yourself!

Fitness Club, Monthly Fee for 1 Adult
22.96 $
Tennis Court Rent, 1 Hour on Weekend
11.48 $

Salaries And Financing prices

Salaries in Armenia, Colombia tend to be lower than those in larger cities like Bogota or Medellin. The average salary in Armenia is comparable to the country's minimum wage, which can make it difficult to live comfortably. However, the cost of living in Armenia is also lower than in many other Colombian cities, which can help offset the lower salaries. Visitors to Armenia should keep this in mind when budgeting for their trip and be prepared for prices that may be lower than what they are used to in big cities.

Financing in Armenia is generally provided through traditional banks and credit unions. However, there are also microfinance institutions that offer financial services to smaller businesses and individuals who may not qualify for traditional bank loans. Some of these institutions provide loans with lower interest rates, making it easier for people to start their own businesses or make investments. Visitors to Armenia who are interested in financing options should research these microfinance options and see if they meet their needs.

Cinema ticket, 1 Seat
3.44 $
Average Monthly Net Salary, After Tax
287.03 $

Childcare prices

Childcare costs vary in Armenia, Colombia. Parents have a variety of options as schools and kindergartens differ in pricing. Some schools and kindergartens offer programs for infants, while others only accommodate children two-years-old and up. While some places have higher prices, others have more affordable options. Parents can also choose to enroll their children part-time or full-time, which can also affect the overall costs of childcare.

When it comes to education, some private schools in Armenia offer bilingual programs taught in English and Spanish. This appeal to international parents who want their children to learn both languages. Parents who prefer their child to only learn Spanish can also choose a school that primarily teaches in that language. Regardless of the language of instruction, schools in Armenia often provide a range of extracurricular activities such as sports and art classes. Additionally, some kindergartens even provide meals.

Private Preschool or Kindergarten, Monthly for 1 Child
86.11 $
International Primary School, Yearly for 1 Child
1,750.88 $

Clothing And Shoes prices

Looking for stylish and affordable clothing and shoes in Armenia, Colombia? You're in luck! Armenia offers a wide variety of retail stores and markets that are perfect for fashion-conscious shoppers. Whether you want to fill your closet with trendy outfits or simply need a new pair of comfortable shoes, you'll find plenty of options that fit your style and budget. From big-name brands to artisanal shops, Armenia has it all!

If you're on a tight budget, the local markets are a great place to start. Here, you can find an array of affordable clothing and shoes that are both stylish and practical. The markets offer everything from casual wear to formal outfits, and you can often haggle with vendors to get a better price. Additionally, there are several large shopping centers in Armenia that offer a wide selection of clothing and shoes from both Colombian and international brands. The prices at these shopping centers may be a bit higher than the markets, but you'll also have access to a wider variety of styles and designs.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
27.08 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
24.88 $
Pair of Running Shoes, Mid-Range Price
57.41 $
Pair of Leather Business Shoes
37.31 $

Rent Per Month prices

If you're planning on staying in Armenia, Colombia for a short period of time, you'll be happy to know that there are plenty of short rent options available to you. Whether you're looking for a cozy studio or a spacious apartment, you can find affordable accommodation that suits your needs and budget. With so many options to choose from, it's easy to find a place that makes you feel right at home in this charming Colombian city.

In addition to traditional short rent options, there are also plenty of stay options available in Armenia. From hostels to guesthouses to boutique hotels, you can find a range of accommodations to fit any travel style or budget. Depending on what you're looking for, you may be able to find an option that includes a variety of amenities and services, such as free breakfast and Wi-Fi access. With so many great stay options to choose from, you're sure to enjoy your time in Armenia, no matter how long you plan to stay.

One bedroom apartment in city centre
229.62 $
One bedroom apartment outside of city centre
172.22 $
Three bedroom apartment in city centre
358.79 $
Three bedroom apartment outside of city centre
315.73 $

Buy Apartment prices

Real estate buying options in Armenia, Colombia are quite diverse. Properties available range from modern apartments to traditional homes, to spacious estates with stunning landscapes. The city has a mix of old and new architecture, giving buyers a wide range of options to choose from. Whether one is interested in a modern and trendy area or a more peaceful and serene environment, Armenia has it all.

When it comes to prices, real estate options in Armenia, Colombia are reasonable and affordable compared to other cities in the country. The city offers excellent value for money, with different types of properties available to cater to different budgets. The overall cost of living in Armenia is relatively lower compared to other cities in Colombia, making it an ideal destination for those looking to buy property for investment or relocation purposes.

Price per m2 to Buy Apartment in City Center
1,148.12 $
Price per m2 to Buy Apartment Outside of City Center
861.09 $