Cost of Living Comparison Between Armenia and Italy 
| Indices Difference |  |
|---|---|
| Consumer Prices in Italy are 40.5% higher than in Armenia (without rent) | |
| Consumer Prices Including Rent in Italy are 28.6% higher than in Armenia | |
| Rent Prices in Italy are 1.3% higher than in Armenia | |
| Restaurant Prices in Italy are 38.1% higher than in Armenia | |
| Groceries Prices in Italy are 59.5% higher than in Armenia | |
| Local Purchasing Power in Italy is 101.0% higher than in Armenia | |
Restaurants | Armenia Edit |
Italy Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
3,884.38 AMD (9.32 €) |
6,248.99 AMD (15.00 €) |
+60.9 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
20,000.00 AMD (48.01 €) |
24,995.97 AMD (60.00 €) |
+25.0 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
3,000.00 AMD (7.20 €) |
4,165.99 AMD (10.00 €) |
+38.9 % |
| Domestic Beer (1 pint draught) |
800.00 AMD (1.92 €) |
2,083.00 AMD (5.00 €) |
+160.4 % |
| Imported Beer (12 oz small bottle) |
1,200.00 AMD (2.88 €) |
2,083.00 AMD (5.00 €) |
+73.6 % |
| Cappuccino (regular) |
1,263.05 AMD (3.03 €) |
662.94 AMD (1.59 €) |
-47.5 % |
| Coke/Pepsi (12 oz small bottle) |
364.76 AMD (0.88 €) |
1,012.99 AMD (2.43 €) |
+177.7 % |
| Water (12 oz small bottle) |
223.63 AMD (0.54 €) |
469.64 AMD (1.13 €) |
+110.0 % |
Markets | Armenia Edit |
Italy Edit | |
| Milk (regular), (1 gallon) |
2,221.46 AMD (5.33 €) |
2,308.66 AMD (5.54 €) |
+3.9 % |
| Loaf of Fresh White Bread (1 lb) |
253.71 AMD (0.61 €) |
755.63 AMD (1.81 €) |
+197.8 % |
| Rice (white), (1 lb) |
402.92 AMD (0.97 €) |
487.96 AMD (1.17 €) |
+21.1 % |
| Eggs (regular) (12) |
853.02 AMD (2.05 €) |
1,412.92 AMD (3.39 €) |
+65.6 % |
| Local Cheese (1 lb) |
1,396.23 AMD (3.35 €) |
2,498.17 AMD (6.00 €) |
+78.9 % |
| Chicken Fillets (1 lb) |
1,243.62 AMD (2.99 €) |
2,025.86 AMD (4.86 €) |
+62.9 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
2,010.98 AMD (4.83 €) |
3,246.20 AMD (7.79 €) |
+61.4 % |
| Apples (1 lb) |
199.71 AMD (0.48 €) |
384.53 AMD (0.92 €) |
+92.5 % |
| Banana (1 lb) |
307.69 AMD (0.74 €) |
352.01 AMD (0.84 €) |
+14.4 % |
| Oranges (1 lb) |
290.30 AMD (0.70 €) |
423.31 AMD (1.02 €) |
+45.8 % |
| Tomato (1 lb) |
323.10 AMD (0.78 €) |
525.76 AMD (1.26 €) |
+62.7 % |
| Potato (1 lb) |
118.45 AMD (0.28 €) |
298.39 AMD (0.72 €) |
+151.9 % |
| Onion (1 lb) |
111.72 AMD (0.27 €) |
280.11 AMD (0.67 €) |
+150.7 % |
| Lettuce (1 head) |
329.83 AMD (0.79 €) |
540.13 AMD (1.30 €) |
+63.8 % |
| Water (1.5 liter bottle) |
266.22 AMD (0.64 €) |
181.98 AMD (0.44 €) |
-31.6 % |
| Bottle of Wine (Mid-Range) |
4,000.00 AMD (9.60 €) |
2,499.60 AMD (6.00 €) |
-37.5 % |
| Domestic Beer (0.5 liter bottle) |
507.27 AMD (1.22 €) |
624.65 AMD (1.50 €) |
+23.1 % |
| Imported Beer (12 oz small bottle) |
794.23 AMD (1.91 €) |
850.76 AMD (2.04 €) |
+7.1 % |
| Cigarettes 20 Pack (Marlboro) |
1,000.00 AMD (2.40 €) |
2,499.60 AMD (6.00 €) |
+150.0 % |
Transportation | Armenia Edit |
Italy Edit | |
| One-way Ticket (Local Transport) |
100.00 AMD (0.24 €) |
708.22 AMD (1.70 €) |
+608.2 % |
| Monthly Pass (Regular Price) |
4,000.00 AMD (9.60 €) |
14,580.98 AMD (35.00 €) |
+264.5 % |
| Taxi Start (Normal Tariff) |
600.00 AMD (1.44 €) |
2,083.00 AMD (5.00 €) |
+247.2 % |
| Taxi 1 mile (Normal Tariff) |
177.03 AMD (0.42 €) |
1,005.68 AMD (2.41 €) |
+468.1 % |
| Taxi 1hour Waiting (Normal Tariff) |
1,500.00 AMD (3.60 €) |
12,460.49 AMD (29.91 €) |
+730.7 % |
| Gasoline (1 gallon) |
1,933.81 AMD (4.64 €) |
2,841.94 AMD (6.82 €) |
+47.0 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
11,000,000.00 AMD (26,404.26 €) |
10,414,986.73 AMD (25,000.00 €) |
-5.3 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
13,265,538.57 AMD (31,842.43 €) |
11,256,161.02 AMD (27,019.14 €) |
-15.1 % |
Utilities (Monthly) | Armenia Edit |
Italy Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
44,770.88 AMD (107.47 €) |
83,339.51 AMD (200.05 €) |
+86.1 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
3,508.23 AMD (8.42 €) |
5,277.64 AMD (12.67 €) |
+50.4 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
8,156.10 AMD (19.58 €) |
11,480.68 AMD (27.56 €) |
+40.8 % |
Sports And Leisure | Armenia Edit |
Italy Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
28,710.78 AMD (68.92 €) |
20,111.50 AMD (48.28 €) |
-30.0 % |
| Tennis Court Rent (1 Hour on Weekend) |
8,383.85 AMD (20.12 €) |
8,364.68 AMD (20.08 €) |
-0.2 % |
| Cinema, International Release, 1 Seat |
2,500.00 AMD (6.00 €) |
3,749.40 AMD (9.00 €) |
+50.0 % |
Childcare | Armenia Edit |
Italy Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
112,500.00 AMD (270.04 €) |
217,730.74 AMD (522.64 €) |
+93.5 % |
| International Primary School, Yearly for 1 Child |
3,217,448.28 AMD (7,723.12 €) |
3,856,880.89 AMD (9,258.01 €) |
+19.9 % |
Clothing And Shoes | Armenia Edit |
Italy Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
33,119.70 AMD (79.50 €) |
32,431.26 AMD (77.85 €) |
-2.1 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
22,990.38 AMD (55.19 €) |
13,777.68 AMD (33.07 €) |
-40.1 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
50,763.28 AMD (121.85 €) |
35,062.85 AMD (84.16 €) |
-30.9 % |
| 1 Pair of Men Leather Business Shoes |
44,440.00 AMD (106.67 €) |
46,455.64 AMD (111.51 €) |
+4.5 % |
Rent Per Month | Armenia Edit |
Italy Edit | |
| Apartment (1 bedroom) in City Centre |
345,380.33 AMD (829.05 €) |
316,611.88 AMD (759.99 €) |
-8.3 % |
| Apartment (1 bedroom) Outside of Centre |
230,297.32 AMD (552.80 €) |
236,949.67 AMD (568.77 €) |
+2.9 % |
| Apartment (3 bedrooms) in City Centre |
566,336.49 AMD (1,359.43 €) |
565,766.13 AMD (1,358.06 €) |
-0.1 % |
| Apartment (3 bedrooms) Outside of Centre |
356,575.01 AMD (855.92 €) |
398,052.01 AMD (955.48 €) |
+11.6 % |
Buy Apartment Price | Armenia Edit |
Italy Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
115,843.60 AMD (278.07 €) |
155,081.80 AMD (372.26 €) |
+33.9 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
53,207.77 AMD (127.72 €) |
95,404.29 AMD (229.01 €) |
+79.3 % |
Salaries And Financing | Armenia Edit |
Italy Edit | |
| Average Monthly Net Salary (After Tax) |
254,852.65 AMD (611.75 €) |
659,033.50 AMD (1,581.94 €) |
+158.6 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 14.33 | 4.80 | -66.5 % |
| Last update: | May 2024 | May 2024 | |
| Contributors in the past 12 months: | 235 | 2322 |
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