Cost of Living in Armenia

Last updated on Apr 14, 2023

Summary: The cost of living in Armenia is generally considered to be quite affordable. A nice 1 bedroom apartment in Armenia can cost anywhere from $200 to $400 per month, while a nice 2 bedroom apartment can cost from $300 to $600 per month. The cost of dinner at a moderately priced restaurant in Armenia is usually around $10 to $15 per person.

Is the cost of living in Armenia high?

We asked people how much they someone comfortably live on in Armenia, they wrote:

"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," said one person in Yerevan.

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Will I save money living in Armenia?

"I earn nearly the same as I would in the States, and without the tax burden everything is much better," wrote a person living in Yerevan.

What are typical rental prices for expats in Armenia?

"The cost of a nice one bedroom apartment in Armenia can range from $250 to $365 per month, depending on the location and size of the apartment. For a nice two bedroom apartment, the cost will generally range from $400 to $550 per month, again depending on its location and size," commented one expat who moved to Armenia.

What appliances are typically included in a rental?

We asked foreigners in Armenia what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"A typical rental property in Armenia will usually include essential household appliances such as a refrigerator, washing machine and cooker. Additional appliances, such as an air conditioner and television, are usually provided by the tenant. Depending on the rental agreement, some rental property owners may also include additional kitchen appliances like a microwave, toaster and coffee maker," wrote an expat living in Armenia.

About the Author

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.

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