MigrantoCost of living in Armenia
What a month costs, how prices compare with other countries
Monthly cost in Armenia
Spending runs from AMD 105,000 a month in the poorest fifth to AMD 406,000 in the richest
Per person, whole country
AMD 193,000
what a typical person spends in a month
Spending across the population
AMD 105,000richest 20%
AMD 406,000
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Key facts
The cost of living in Armenia in numbers
The most expensive of its neighbours
Every neighbouring country is cheaper. The same basket costs AMD 361,000 here against AMD 312,000 in Georgia, the closest on price.
How living costs in Armenia compare
Neighbours, region and the world on the same monthly figure
What things cost here
How much the same goods and services cost in Armenia against other countries
Cheaper than 53% of countries
Where Armenia sits when every country is lined up from cheapest to most expensive
Pakistanmost expensive
Bermuda
middle
A basket of goods and services that costs AMD 368,000 at world-middle prices costs AMD 361,000 here.
Data source: household consumption 2024 (World Bank), International Comparison Program 2021 (World Bank), adjusted to 2026 using IMF GDP-per-capita growth
Living-cost calculator
What it costs to live in Armenia
Tell us what you earn and spend today — we'll estimate what the same lifestyle would cost in Armenia and how much you could have left each month
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- How much could be left each month
- How it compares with today
Cost of living in Armenia
AMD 105,000/mo
vs AMD 295,000 in your country
Take-home
AMD 114,000
vs AMD 442,000 in your country
Potential savings
AMD 8,770
more than in your country
Standard of living
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Frequently asked questions
What is the cost of living in Armenia?
A typical person in Armenia spends about AMD 193,000 a month — around AMD 2,320,000 a year — on housing, groceries, transport and other everyday costs. It's a nationwide average across different regions, cities and types of housing.
What is the standard of living in Armenia?
By spending, Armenia ranks #82 of 185 countries. A typical person spends about AMD 193,000 a month, the poorest 20% about AMD 105,000 and the richest 20% about AMD 406,000. The gap between them shows how unevenly people live.
What is the cost of living in Armenia in US dollars?
The cost of living in Armenia is about $524 a month, or roughly $6,288 a year per person.
How much money do you need to live comfortably in Armenia?
It all depends on your standard of living. A modest budget runs about AMD 105,000 a month per person, a typical one around AMD 193,000, and a comfortable life around AMD 239,000. In big cities and for a family, costs are usually higher.
Is the average salary in Armenia enough to live on?
Usually not quite. Average spending is about AMD 193,000 a month, while the average take-home pay in Armenia is about AMD 150,000. For more on incomes, see salaries in Armenia.
Is Armenia an expensive country to live in?
Somewhat. Armenia is more expensive than 56% of countries worldwide and ranks 11th of 17 in the Middle East by cost of living.
What currency is used in Armenia?
Armenia uses the Armenian Dram (AMD). Amounts on this page are shown in it; the currency switcher converts them.
Where to live?
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Living in Armenia
See the full country overview