Cost of Living Comparison Between Munich and Yerevan 

Indices DifferenceInfo
Cost of Living in Yerevan is 38.5% lower than in Munich (without rent)
Cost of Living Including Rent in Yerevan is 42.0% lower than in Munich
Rent Prices in Yerevan are 48.4% lower than in Munich
Restaurant Prices in Yerevan are 38.2% lower than in Munich
Groceries Prices in Yerevan are 41.5% lower than in Munich
Local Purchasing Power in Yerevan is 69.4% lower than in Munich
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
Munich Edit Yerevan Edit Difference
Meal, Inexpensive Restaurant 15.00 €
(6,317.03 AMD)
9.26 €
(3,900.00 AMD)
     -38.3 %
Meal for 2 People, Mid-range Restaurant, Three-course 75.00 €
(31,585.17 AMD)
47.49 €
(20,000.00 AMD)
     -36.7 %
McMeal at McDonalds (or Equivalent Combo Meal) 11.00 €
(4,632.49 AMD)
7.12 €
(3,000.00 AMD)
     -35.2 %
Domestic Beer (1 pint draught) 4.50 €
(1,895.11 AMD)
1.90 €
(800.00 AMD)
     -57.8 %
Imported Beer (12 oz small bottle) 4.70 €
(1,979.34 AMD)
2.85 €
(1,200.00 AMD)
     -39.4 %
Cappuccino (regular) 3.79 €
(1,597.92 AMD)
3.28 €
(1,381.44 AMD)
     -13.5 %
Coke/Pepsi (12 oz small bottle) 3.49 €
(1,469.76 AMD)
0.91 €
(383.08 AMD)
     -73.9 %
Water (12 oz small bottle) 2.91 €
(1,226.35 AMD)
0.56 €
(237.86 AMD)
     -80.6 %
Markets
Munich Edit Yerevan Edit
Milk (regular), (1 gallon) 4.37 €
(1,838.94 AMD)
5.48 €
(2,308.23 AMD)
     +25.5 %
Loaf of Fresh White Bread (1 lb) 2.04 €
(859.06 AMD)
0.63 €
(263.90 AMD)
     -69.3 %
Rice (white), (1 lb) 1.22 €
(515.88 AMD)
0.98 €
(414.13 AMD)
     -19.7 %
Eggs (regular) (12) 3.23 €
(1,359.87 AMD)
2.12 €
(891.52 AMD)
     -34.4 %
Local Cheese (1 lb) 5.97 €
(2,516.06 AMD)
3.52 €
(1,482.11 AMD)
     -41.1 %
Chicken Fillets (1 lb) 5.83 €
(2,453.68 AMD)
2.99 €
(1,259.09 AMD)
     -48.7 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 7.54 €
(3,177.37 AMD)
4.92 €
(2,072.14 AMD)
     -34.8 %
Apples (1 lb) 1.24 €
(523.08 AMD)
0.48 €
(201.17 AMD)
     -61.5 %
Banana (1 lb) 0.74 €
(310.18 AMD)
0.74 €
(311.32 AMD)
     +0.4 %
Oranges (1 lb) 1.04 €
(437.31 AMD)
0.70 €
(296.49 AMD)
     -32.2 %
Tomato (1 lb) 1.48 €
(623.14 AMD)
0.81 €
(340.19 AMD)
     -45.4 %
Potato (1 lb) 0.74 €
(313.58 AMD)
0.28 €
(116.27 AMD)
     -62.9 %
Onion (1 lb) 0.81 €
(340.95 AMD)
0.28 €
(117.03 AMD)
     -65.7 %
Lettuce (1 head) 1.83 €
(770.84 AMD)
0.80 €
(335.54 AMD)
     -56.5 %
Water (1.5 liter bottle) 0.91 €
(381.89 AMD)
0.63 €
(264.38 AMD)
     -30.8 %
Bottle of Wine (Mid-Range) 5.99 €
(2,522.60 AMD)
8.90 €
(3,750.00 AMD)
     +48.7 %
Domestic Beer (0.5 liter bottle) 0.96 €
(402.65 AMD)
1.19 €
(502.33 AMD)
     +24.8 %
Imported Beer (12 oz small bottle) 1.56 €
(658.49 AMD)
1.99 €
(840.00 AMD)
     +27.6 %
Cigarettes 20 Pack (Marlboro) 8.20 €
(3,453.31 AMD)
2.37 €
(1,000.00 AMD)
     -71.0 %
Transportation
Munich Edit Yerevan Edit
One-way Ticket (Local Transport) 3.70 €
(1,558.20 AMD)
0.24 €
(100.00 AMD)
     -93.6 %
Monthly Pass (Regular Price) 49.00 €
(20,635.64 AMD)
9.50 €
(4,000.00 AMD)
     -80.6 %
Taxi Start (Normal Tariff) 5.50 €
(2,316.25 AMD)
1.66 €
(700.00 AMD)
     -69.8 %
Taxi 1 mile (Normal Tariff) 4.02 €
(1,694.38 AMD)
0.46 €
(193.12 AMD)
     -88.6 %
Taxi 1hour Waiting (Normal Tariff) 38.00 €
(16,003.15 AMD)
3.92 €
(1,650.00 AMD)
     -89.7 %
Gasoline (1 gallon) 6.90 €
(2,904.99 AMD)
4.78 €
(2,013.84 AMD)
     -30.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 27,180.00 €
(11,446,464.03 AMD)
28,494.39 €
(12,000,000.00 AMD)
     +4.8 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,625.00 €
(11,633,869.34 AMD)
31,913.27 €
(13,439,810.77 AMD)
     +15.5 %
Utilities (Monthly)
Munich Edit Yerevan Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 332.30 €
(139,945.04 AMD)
105.86 €
(44,579.50 AMD)
     -68.1 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 23.32 €
(9,821.41 AMD)
8.63 €
(3,636.30 AMD)
     -63.0 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 37.68 €
(15,867.28 AMD)
20.37 €
(8,578.17 AMD)
     -45.9 %
Sports And Leisure
Munich Edit Yerevan Edit
Fitness Club, Monthly Fee for 1 Adult 46.05 €
(19,394.29 AMD)
80.88 €
(34,060.28 AMD)
     +75.6 %
Tennis Court Rent (1 Hour on Weekend) 28.25 €
(11,897.08 AMD)
21.70 €
(9,136.81 AMD)
     -23.2 %
Cinema, International Release, 1 Seat 13.00 €
(5,474.76 AMD)
5.94 €
(2,500.00 AMD)
     -54.3 %
Childcare
Munich Edit Yerevan Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 845.49 €
(356,065.97 AMD)
299.08 €
(125,952.38 AMD)
     -64.6 %
International Primary School, Yearly for 1 Child 14,575.00 €
(6,138,050.52 AMD)
8,855.19 €
(3,729,233.49 AMD)
     -39.2 %
Clothing And Shoes
Munich Edit Yerevan Edit
1 Pair of Jeans (Levis 501 Or Similar) 90.64 €
(38,171.73 AMD)
85.85 €
(36,155.76 AMD)
     -5.3 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 39.52 €
(16,645.38 AMD)
58.30 €
(24,553.78 AMD)
     +47.5 %
1 Pair of Nike Running Shoes (Mid-Range) 87.12 €
(36,689.33 AMD)
123.67 €
(52,082.79 AMD)
     +42.0 %
1 Pair of Men Leather Business Shoes 129.89 €
(54,700.83 AMD)
107.72 €
(45,363.64 AMD)
     -17.1 %
Rent Per Month
Munich Edit Yerevan Edit
Apartment (1 bedroom) in City Centre 1,497.62 €
(630,700.61 AMD)
886.03 €
(373,137.53 AMD)
     -40.8 %
Apartment (1 bedroom) Outside of Centre 1,183.81 €
(498,546.13 AMD)
594.06 €
(250,180.28 AMD)
     -49.8 %
Apartment (3 bedrooms) in City Centre 2,662.86 €
(1,121,423.79 AMD)
1,462.32 €
(615,836.26 AMD)
     -45.1 %
Apartment (3 bedrooms) Outside of Centre 2,100.00 €
(884,384.64 AMD)
899.52 €
(378,820.34 AMD)
     -57.2 %
Buy Apartment Price
Munich Edit Yerevan Edit
Price per Square Feet to Buy Apartment in City Centre 1,053.22 €
(443,546.74 AMD)
292.29 €
(123,092.14 AMD)
     -72.2 %
Price per Square Feet to Buy Apartment Outside of Centre 760.11 €
(320,109.11 AMD)
133.04 €
(56,027.52 AMD)
     -82.5 %
Salaries And Financing
Munich Edit Yerevan Edit
Average Monthly Net Salary (After Tax) 3,173.05 €
(1,336,282.22 AMD)
563.46 €
(237,291.25 AMD)
     -82.2 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.88 14.71      +278.9 %
Last update: June 2024June 2024
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