×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Expat Exchange - Cost of Living in Yerevan 2024
Expat Exchange
Free MembershipSign In


Cost of Living in Yerevan

By Betsy Burlingame

AGS Worldwide Movers
AGS Worldwide Movers

Summary: If you're moving to Yerevan, understanding the the cost of living in Yerevan helps you know what to expect when it comes to apartment or house hunting, grocery shopping, transportation, dining out, utilities and more.

Apartment Rentals Rent for a one-bedroom apartment in the city center of Yerevan can range from $200 to $500 per month. Rent for a three-bedroom apartment in the city center can range from $400 to $800 per month. Rent for a one-bedroom apartment outside the city center can range from $150 to $300 per month. Rent for a three-bedroom apartment outside the city center can range from $250 to $500 per month.
Apartment Purchases The cost of purchasing an apartment in Yerevan can range from $1,000 to $2,000 per square meter. The average price for a one-bedroom apartment in the city center is around $50,000, while the average price for a three-bedroom apartment in the city center is around $100,000. The average price for a one-bedroom apartment outside the city center is around $30,000, while the average price for a three-bedroom apartment outside the city center is around $60,000.
Transportation Public transportation in Yerevan is relatively inexpensive. A single ride on the metro costs 100 AMD (about $0.20 USD). A single ride on a bus or trolleybus costs 100 AMD (about $0.20 USD). A taxi ride within the city center costs 500 AMD (about $1 USD).
Groceries The cost of groceries in Yerevan is relatively inexpensive. A loaf of bread costs around 200 AMD (about $0.40 USD). A liter of milk costs around 300 AMD (about $0.60 USD). A kilogram of potatoes costs around 200 AMD (about $0.40 USD). A kilogram of apples costs around 500 AMD (about $1 USD).
Restaurants The cost of eating out in Yerevan can vary greatly depending on the type of restaurant. A meal at a fast food restaurant can cost around 1,000 AMD (about $2 USD). A meal at a mid-range restaurant can cost around 3,000 AMD (about $6 USD). A meal at a high-end restaurant can cost around 10,000 AMD (about $20 USD).
Utilities The cost of utilities in Yerevan can vary depending on usage. The average cost of electricity for a one-bedroom apartment is around 2,000 AMD (about $4 USD) per month. The average cost of water for a one-bedroom apartment is around 1,000 AMD (about $2 USD) per month. The average cost of internet for a one-bedroom apartment is around 2,000 AMD (about $4 USD) per month.
Private School Tuition The cost of private school tuition in Yerevan can vary greatly depending on the school. The average cost of tuition for preschool is around $1,000 per year. The average cost of tuition for elementary school is around $2,000 per year. The average cost of tuition for middle school is around $3,000 per year. The average cost of tuition for high school is around $4,000 per year.

Monthly Budget for Retirees in Yerevan

"The cost of living in Yerevan is generally considered to be quite affordable. Groceries, transportation, and utilities are all relatively inexpensive compared to other cities in the region. Eating out at restaurants is also quite affordable, with a meal for two people costing around $15 USD. Rent prices can vary depending on the area, but generally range from $200 to $500 USD per month for a one-bedroom apartment," said one expat living in Yerevan.

"For a couple, $1,000 will do it. We are four, and we live very comfortably on $2,000, but I'm able to bank $4,000 to $8,000 a month," wrote a member in Yerevan.

Can I live in Yerevan on $1,500 a month?

"I've been living in Yerevan for a while now, and I can tell you that it's definitely possible to live comfortably on $1,500 a month, but you'll have to make some sacrifices. The cost of living in Yerevan is relatively low compared to many other cities, but you'll still need to be mindful of your spending.First, you'll want to find an affordable neighborhood to live in. Some of the more affordable areas in Yerevan include Malatia-Sebastia, Shengavit, and Erebuni. These neighborhoods have a good mix of local shops, markets, and restaurants, so you'll be able to find everything you need without breaking the bank. On the other hand, you might want to avoid more expensive neighborhoods like Kentron, Arabkir, and Kanaker-Zeytun, as the cost of living in these areas can be significantly higher.When it comes to housing, you can find a decent one-bedroom apartment in an affordable neighborhood for around $300 to $400 a month. Keep in mind that utilities and internet will add to your monthly expenses, so make sure to factor that into your budget.As for transportation, public transport in Yerevan is quite affordable, with a one-way ticket on the metro or bus costing around $0.20. If you plan on using public transport frequently, you can save even more by purchasing a monthly pass for around $10. Taxis are also relatively cheap, but using them frequently can add up, so it's best to rely on public transport whenever possible.Eating out in Yerevan can be quite affordable if you stick to local restaurants and cafes. A meal at an inexpensive restaurant will typically cost around $5, while a three-course meal for two at a mid-range restaurant will set you back around $20. Cooking at home can save you even more money, as groceries are generally quite affordable in Yerevan.In terms of entertainment, there are plenty of free or low-cost activities to enjoy in Yerevan, such as visiting parks, museums, and historical sites. However, if you're used to frequent nights out at bars and clubs, you may need to cut back on those, as the cost of alcohol and entrance fees can add up quickly.Overall, living comfortably on $1,500 a month in Yerevan is definitely achievable, but you'll need to be mindful of your spending and make some sacrifices in terms of housing, transportation, and entertainment. By choosing an affordable neighborhood, relying on public transport, and cooking at home more often, you'll be able to stretch your budget and enjoy a comfortable lifestyle in this beautiful city," commented an expat living in Yerevan.

Can I live in Yerevan on $3,500 a month?

"I've been living in Yerevan for a while now, and I can tell you that it's definitely possible to live comfortably on $3,000 a month, even if you're used to modern amenities. Of course, you might have to make some sacrifices, but overall, it's a great place to live.First, let's talk about housing. There are some more expensive neighborhoods like the city center, where you'll find luxury apartments and higher prices. However, if you're looking for something more affordable, I'd recommend checking out neighborhoods like Arabkir, Malatia-Sebastia, or Kanaker-Zeytun. These areas are still close to the city center and have a good mix of modern and older buildings, so you can find something that suits your taste and budget.When it comes to utilities and internet, you'll find that they're quite affordable here. For example, I pay around $50 a month for high-speed internet, and my utility bills are usually around $100, depending on the season. So, you won't have to worry too much about those expenses.As for transportation, public transport is very cheap, with a one-way ticket costing around $0.20. However, if you prefer to drive, you'll find that gas prices are higher than in the US, so that's something to consider. But overall, transportation costs shouldn't be a significant concern.Eating out and entertainment can be quite affordable as well, depending on your preferences. There are plenty of local restaurants where you can have a delicious meal for under $10, and even fancier places won't break the bank. Of course, if you're used to dining at high-end restaurants all the time, you might have to cut back a bit, but there are still plenty of options to enjoy.The main sacrifice you might have to make is adjusting to the local lifestyle and culture. While Yerevan is a modern city, it's still not as cosmopolitan as some other places you might be used to. However, I've found that the people here are very friendly and welcoming, and there's a growing expat community, so it's not too hard to make friends and find people with similar interests.Overall, I think you can live quite comfortably in Yerevan on $3,000 a month, as long as you're willing to make some adjustments and be open to the local culture. It's a beautiful city with a rich history and plenty to see and do, so I'm sure you'll enjoy your time here," said one expat living in Yerevan.

Can I live in Yerevan on $5,000 a month?

"I've been living in Yerevan for a while now, and I can tell you that it's definitely possible to live comfortably on $5,000 a month, especially if you're used to modern amenities. In fact, you might even find that you can enjoy a higher standard of living here than in some other more expensive cities.One of the first things you'll want to consider is where to live. There are some neighborhoods that are more expensive than others, but overall, the cost of living in Yerevan is quite reasonable. If you're looking for a more affordable area, I'd recommend checking out neighborhoods like Arabkir, Malatia-Sebastia, or Shengavit. These areas have a good mix of residential and commercial properties, and you can find some nice apartments for a reasonable price.On the other hand, if you're looking for something a bit more upscale, you might want to consider neighborhoods like Kentron, which is the city center, or Nork-Marash. These areas tend to be more expensive, but they also offer a lot of modern amenities and are close to many of the city's attractions.As for sacrifices, I haven't really had to make any major ones. The city has a good public transportation system, so getting around is pretty easy. There are also plenty of supermarkets, restaurants, and cafes, so you won't have any trouble finding places to eat or shop. The only thing I've noticed is that some imported goods can be a bit more expensive here, so you might have to adjust your shopping habits a bit if you're used to buying certain brands or products.In terms of entertainment and leisure, there's plenty to do in Yerevan. There are numerous parks, museums, and cultural sites to explore, as well as a vibrant nightlife scene. The city also hosts various festivals and events throughout the year, so there's always something going on.Overall, I think you'll find that living in Yerevan on $5,000 a month is not only doable but also quite enjoyable. The city offers a great mix of modern amenities and rich cultural experiences, all at a relatively affordable cost," commented an expat living in Yerevan.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.


AGS Worldwide Movers
AGS Worldwide Movers

AGS Worldwide Movers
AGS Worldwide Movers

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Armenia Network Contribute
Help others in Armenia by answering questions about the challenges and adventures of living in Armenia.

AGS Worldwide Movers
AGS Worldwide Movers

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides