Cost of Living Comparison Between Italy and Armenia 
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| Indices Difference |  |
|---|---|
| Cost of Living in Armenia is 26.2% lower than in Italy (excluding rent) | |
| Cost of Living Including Rent in Armenia is 23.7% lower than in Italy | |
| Rent Prices in Armenia are 14.5% lower than in Italy | |
| Restaurant Prices in Armenia are 26.7% lower than in Italy | |
| Groceries Prices in Armenia are 39.3% lower than in Italy | |
| Local Purchasing Power in Armenia is 56.3% lower than in Italy | |
Restaurants | Italy Edit |
Armenia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
15.00 € (6,543.34 AMD) |
10.89 € (4,750.00 AMD) |
-27.4 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
70.00 € (30,535.59 AMD) |
45.85 € (20,000.00 AMD) |
-34.5 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
10.00 € (4,362.23 AMD) |
7.34 € (3,200.00 AMD) |
-26.6 % |
| Domestic Beer (1 pint draught) |
5.00 € (2,181.11 AMD) |
1.60 € (700.00 AMD) |
-67.9 % |
| Imported Beer (12 oz small bottle) |
5.00 € (2,181.11 AMD) |
2.98 € (1,300.00 AMD) |
-40.4 % |
| Cappuccino (regular) |
1.67 € (730.56 AMD) |
3.03 € (1,320.00 AMD) |
+80.7 % |
| Coke/Pepsi (12 oz small bottle) |
2.55 € (1,111.38 AMD) |
0.86 € (373.02 AMD) |
-66.4 % |
| Water (12 oz small bottle) |
1.17 € (508.62 AMD) |
0.43 € (189.66 AMD) |
-62.7 % |
Markets | Italy Edit |
Armenia Edit | |
| Milk (regular), (1 gallon) |
5.46 € (2,380.87 AMD) |
5.41 € (2,359.17 AMD) |
-0.9 % |
| Loaf of Fresh White Bread (1 lb) |
1.84 € (804.41 AMD) |
0.67 € (292.75 AMD) |
-63.6 % |
| Rice (white), (1 lb) |
1.17 € (509.50 AMD) |
0.90 € (394.63 AMD) |
-22.5 % |
| Eggs (regular) (12) |
3.48 € (1,517.67 AMD) |
2.03 € (884.29 AMD) |
-41.7 % |
| Local Cheese (1 lb) |
6.45 € (2,813.72 AMD) |
3.19 € (1,391.86 AMD) |
-50.5 % |
| Chicken Fillets (1 lb) |
4.85 € (2,113.80 AMD) |
2.94 € (1,284.53 AMD) |
-39.2 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
7.91 € (3,450.96 AMD) |
4.82 € (2,103.87 AMD) |
-39.0 % |
| Apples (1 lb) |
0.98 € (429.56 AMD) |
0.51 € (223.73 AMD) |
-47.9 % |
| Banana (1 lb) |
0.85 € (372.79 AMD) |
0.70 € (307.51 AMD) |
-17.5 % |
| Oranges (1 lb) |
1.04 € (452.95 AMD) |
0.68 € (295.04 AMD) |
-34.9 % |
| Tomato (1 lb) |
1.28 € (560.21 AMD) |
0.87 € (378.44 AMD) |
-32.4 % |
| Potato (1 lb) |
0.77 € (337.39 AMD) |
0.32 € (138.54 AMD) |
-58.9 % |
| Onion (1 lb) |
0.73 € (317.97 AMD) |
0.29 € (126.86 AMD) |
-60.1 % |
| Lettuce (1 head) |
1.31 € (570.65 AMD) |
0.75 € (327.96 AMD) |
-42.5 % |
| Water (1.5 liter bottle) |
0.44 € (193.22 AMD) |
0.57 € (247.43 AMD) |
+28.1 % |
| Bottle of Wine (Mid-Range) |
6.00 € (2,617.34 AMD) |
9.17 € (4,000.00 AMD) |
+52.8 % |
| Domestic Beer (0.5 liter bottle) |
1.56 € (680.29 AMD) |
1.16 € (505.00 AMD) |
-25.8 % |
| Imported Beer (12 oz small bottle) |
2.13 € (931.11 AMD) |
1.91 € (834.22 AMD) |
-10.4 % |
| Cigarettes 20 Pack (Marlboro) |
6.00 € (2,617.34 AMD) |
2.29 € (1,000.00 AMD) |
-61.8 % |
Transportation | Italy Edit |
Armenia Edit | |
| One-way Ticket (Local Transport) |
1.70 € (741.58 AMD) |
0.34 € (150.00 AMD) |
-79.8 % |
| Monthly Pass (Regular Price) |
36.00 € (15,704.02 AMD) |
20.63 € (9,000.00 AMD) |
-42.7 % |
| Taxi Start (Normal Tariff) |
5.00 € (2,181.11 AMD) |
1.38 € (600.00 AMD) |
-72.5 % |
| Taxi 1 mile (Normal Tariff) |
2.41 € (1,053.05 AMD) |
0.44 € (193.12 AMD) |
-81.7 % |
| Taxi 1hour Waiting (Normal Tariff) |
30.00 € (13,086.68 AMD) |
4.13 € (1,800.00 AMD) |
-86.2 % |
| Gasoline (1 gallon) |
6.76 € (2,948.28 AMD) |
4.57 € (1,995.14 AMD) |
-32.3 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
28,000.00 € (12,214,235.64 AMD) |
29,572.05 € (12,900,000.00 AMD) |
+5.6 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
28,615.26 € (12,482,624.37 AMD) |
32,918.97 € (14,360,000.00 AMD) |
+15.0 % |
Utilities (Monthly) | Italy Edit |
Armenia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
193.27 € (84,307.28 AMD) |
115.06 € (50,191.19 AMD) |
-40.5 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
11.59 € (5,054.99 AMD) |
7.82 € (3,410.54 AMD) |
-32.5 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
27.29 € (11,905.88 AMD) |
18.07 € (7,884.21 AMD) |
-33.8 % |
Sports And Leisure | Italy Edit |
Armenia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
49.11 € (21,422.15 AMD) |
87.36 € (38,109.26 AMD) |
+77.9 % |
| Tennis Court Rent (1 Hour on Weekend) |
21.83 € (9,521.06 AMD) |
26.62 € (11,614.09 AMD) |
+22.0 % |
| Cinema, International Release, 1 Seat |
9.00 € (3,926.00 AMD) |
5.73 € (2,500.00 AMD) |
-36.3 % |
Childcare | Italy Edit |
Armenia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
498.99 € (217,668.74 AMD) |
299.05 € (130,454.55 AMD) |
-40.1 % |
| International Primary School, Yearly for 1 Child |
9,187.71 € (4,007,889.36 AMD) |
6,582.48 € (2,871,428.57 AMD) |
-28.4 % |
Clothing And Shoes | Italy Edit |
Armenia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
78.94 € (34,436.15 AMD) |
91.47 € (39,902.11 AMD) |
+15.9 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
34.86 € (15,206.99 AMD) |
53.11 € (23,168.98 AMD) |
+52.4 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
85.92 € (37,480.91 AMD) |
122.01 € (53,225.52 AMD) |
+42.0 % |
| 1 Pair of Men Leather Business Shoes |
112.67 € (49,151.12 AMD) |
122.99 € (53,652.17 AMD) |
+9.2 % |
Rent Per Month | Italy Edit |
Armenia Edit | |
| Apartment (1 bedroom) in City Centre |
743.18 € (324,189.94 AMD) |
668.29 € (291,525.24 AMD) |
-10.1 % |
| Apartment (1 bedroom) Outside of Centre |
571.33 € (249,228.83 AMD) |
460.12 € (200,714.29 AMD) |
-19.5 % |
| Apartment (3 bedrooms) in City Centre |
1,311.00 € (571,886.33 AMD) |
1,179.33 € (514,451.11 AMD) |
-10.0 % |
| Apartment (3 bedrooms) Outside of Centre |
944.24 € (411,897.96 AMD) |
742.98 € (324,104.80 AMD) |
-21.3 % |
Buy Apartment Price | Italy Edit |
Armenia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
343.06 € (149,651.90 AMD) |
300.08 € (130,901.46 AMD) |
-12.5 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
217.58 € (94,911.20 AMD) |
142.33 € (62,085.52 AMD) |
-34.6 % |
Salaries And Financing | Italy Edit |
Armenia Edit | |
| Average Monthly Net Salary (After Tax) |
1,617.03 € (705,385.47 AMD) |
538.64 € (234,968.96 AMD) |
-66.7 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.43 | 15.40 | +248.0 % |
| Last update: | 23 May 2025 | 21 May 2025 | |
| Contributors in the past 12 months: | 2250 | 224 |
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