Cost of Living Comparison Between Madagascar and Armenia 
| Indices Difference |  |
|---|---|
| Cost of Living in Armenia is 67.2% higher than in Madagascar (without rent) | |
| Cost of Living Including Rent in Armenia is 83.6% higher than in Madagascar | |
| Rent Prices in Armenia are 137.5% higher than in Madagascar | |
| Restaurant Prices in Armenia are 185.0% higher than in Madagascar | |
| Groceries Prices in Armenia are 51.0% higher than in Madagascar | |
| Local Purchasing Power in Armenia is 150.1% higher than in Madagascar | |
Restaurants | Madagascar Edit |
Armenia Edit | Difference |
|---|---|---|---|
| Meal, Inexpensive Restaurant |
12,000.00 Ar (1,041.44 AMD) |
44,937.97 Ar (3,900.00 AMD) |
+274.5 % |
| Meal for 2 People, Mid-range Restaurant, Three-course |
70,000.00 Ar (6,075.04 AMD) |
230,451.14 Ar (20,000.00 AMD) |
+229.2 % |
| McMeal at McDonalds (or Equivalent Combo Meal) |
20,000.00 Ar (1,735.73 AMD) |
34,567.67 Ar (3,000.00 AMD) |
+72.8 % |
| Domestic Beer (1 pint draught) |
5,000.00 Ar (433.93 AMD) |
9,218.05 Ar (800.00 AMD) |
+84.4 % |
| Imported Beer (12 oz small bottle) |
7,000.00 Ar (607.50 AMD) |
12,674.81 Ar (1,100.00 AMD) |
+81.1 % |
| Cappuccino (regular) |
5,187.50 Ar (450.20 AMD) |
15,022.37 Ar (1,303.74 AMD) |
+189.6 % |
| Coke/Pepsi (12 oz small bottle) |
4,605.26 Ar (399.67 AMD) |
4,177.89 Ar (362.58 AMD) |
-9.3 % |
| Water (12 oz small bottle) |
2,871.88 Ar (249.24 AMD) |
2,595.34 Ar (225.24 AMD) |
-9.6 % |
Markets | Madagascar Edit |
Armenia Edit | |
| Milk (regular), (1 gallon) |
17,428.04 Ar (1,512.51 AMD) |
26,099.80 Ar (2,265.10 AMD) |
+49.8 % |
| Loaf of Fresh White Bread (1 lb) |
3,989.97 Ar (346.27 AMD) |
2,895.90 Ar (251.32 AMD) |
-27.4 % |
| Rice (white), (1 lb) |
1,424.28 Ar (123.61 AMD) |
4,571.69 Ar (396.76 AMD) |
+221.0 % |
| Eggs (regular) (12) |
9,166.67 Ar (795.54 AMD) |
9,889.07 Ar (858.24 AMD) |
+7.9 % |
| Local Cheese (1 lb) |
17,253.98 Ar (1,497.41 AMD) |
16,239.44 Ar (1,409.36 AMD) |
-5.9 % |
| Chicken Fillets (1 lb) |
9,849.45 Ar (854.80 AMD) |
14,343.15 Ar (1,244.79 AMD) |
+45.6 % |
| Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
8,609.54 Ar (747.19 AMD) |
23,278.38 Ar (2,020.24 AMD) |
+170.4 % |
| Apples (1 lb) |
2,732.02 Ar (237.10 AMD) |
2,336.70 Ar (202.79 AMD) |
-14.5 % |
| Banana (1 lb) |
1,268.25 Ar (110.07 AMD) |
3,528.69 Ar (306.24 AMD) |
+178.2 % |
| Oranges (1 lb) |
1,917.46 Ar (166.41 AMD) |
3,296.54 Ar (286.09 AMD) |
+71.9 % |
| Tomato (1 lb) |
1,530.88 Ar (132.86 AMD) |
3,715.95 Ar (322.49 AMD) |
+142.7 % |
| Potato (1 lb) |
1,164.22 Ar (101.04 AMD) |
1,364.88 Ar (118.45 AMD) |
+17.2 % |
| Onion (1 lb) |
1,564.90 Ar (135.81 AMD) |
1,315.65 Ar (114.18 AMD) |
-15.9 % |
| Lettuce (1 head) |
1,525.00 Ar (132.35 AMD) |
3,735.23 Ar (324.17 AMD) |
+144.9 % |
| Water (1.5 liter bottle) |
2,671.88 Ar (231.88 AMD) |
2,912.65 Ar (252.78 AMD) |
+9.0 % |
| Bottle of Wine (Mid-Range) |
20,000.00 Ar (1,735.73 AMD) |
40,328.95 Ar (3,500.00 AMD) |
+101.6 % |
| Domestic Beer (0.5 liter bottle) |
3,483.33 Ar (302.31 AMD) |
5,769.36 Ar (500.70 AMD) |
+65.6 % |
| Imported Beer (12 oz small bottle) |
5,555.56 Ar (482.15 AMD) |
9,300.35 Ar (807.14 AMD) |
+67.4 % |
| Cigarettes 20 Pack (Marlboro) |
8,000.00 Ar (694.29 AMD) |
11,522.56 Ar (1,000.00 AMD) |
+44.0 % |
Transportation | Madagascar Edit |
Armenia Edit | |
| One-way Ticket (Local Transport) |
1,000.00 Ar (86.79 AMD) |
1,152.26 Ar (100.00 AMD) |
+15.2 % |
| Monthly Pass (Regular Price) |
32,167.57 Ar (2,791.70 AMD) |
46,090.23 Ar (4,000.00 AMD) |
+43.3 % |
| Taxi Start (Normal Tariff) |
10,000.00 Ar (867.86 AMD) |
7,107.04 Ar (616.79 AMD) |
-28.9 % |
| Taxi 1 mile (Normal Tariff) |
9,656.07 Ar (838.01 AMD) |
2,039.81 Ar (177.03 AMD) |
-78.9 % |
| Taxi 1hour Waiting (Normal Tariff) |
20,000.00 Ar (1,735.73 AMD) |
17,283.84 Ar (1,500.00 AMD) |
-13.6 % |
| Gasoline (1 gallon) |
21,080.02 Ar (1,829.46 AMD) |
22,917.95 Ar (1,988.96 AMD) |
+8.7 % |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
65,000,000.00 Ar (5,641,108.92 AMD) |
126,748,128.77 Ar (11,000,000.00 AMD) |
+95.0 % |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
105,800,000.00 Ar (9,181,989.60 AMD) |
152,852,926.45 Ar (13,265,538.57 AMD) |
+44.5 % |
Utilities (Monthly) | Madagascar Edit |
Armenia Edit | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
176,666.67 Ar (15,332.24 AMD) |
513,674.51 Ar (44,579.91 AMD) |
+190.8 % |
| Mobile Phone Monthly Plan with Calls and 10GB+ Data |
59,333.33 Ar (5,149.32 AMD) |
40,905.99 Ar (3,550.08 AMD) |
-31.1 % |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
246,181.82 Ar (21,365.21 AMD) |
95,921.79 Ar (8,324.70 AMD) |
-61.0 % |
Sports And Leisure | Madagascar Edit |
Armenia Edit | |
| Fitness Club, Monthly Fee for 1 Adult |
139,444.44 Ar (12,101.87 AMD) |
363,215.35 Ar (31,522.11 AMD) |
+160.5 % |
| Tennis Court Rent (1 Hour on Weekend) |
51,250.00 Ar (4,447.80 AMD) |
100,929.67 Ar (8,759.31 AMD) |
+96.9 % |
| Cinema, International Release, 1 Seat |
27,500.00 Ar (2,386.62 AMD) |
28,806.39 Ar (2,500.00 AMD) |
+4.8 % |
Childcare | Madagascar Edit |
Armenia Edit | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
500,000.00 Ar (43,393.15 AMD) |
1,385,211.76 Ar (120,217.39 AMD) |
+177.0 % |
| International Primary School, Yearly for 1 Child |
52,553,707.50 Ar (4,560,941.36 AMD) |
42,952,007.46 Ar (3,727,645.42 AMD) |
-18.3 % |
Clothing And Shoes | Madagascar Edit |
Armenia Edit | |
| 1 Pair of Jeans (Levis 501 Or Similar) |
92,000.00 Ar (7,984.34 AMD) |
385,826.02 Ar (33,484.41 AMD) |
+319.4 % |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) |
97,500.00 Ar (8,461.66 AMD) |
271,983.01 Ar (23,604.40 AMD) |
+179.0 % |
| 1 Pair of Nike Running Shoes (Mid-Range) |
380,333.33 Ar (33,007.72 AMD) |
593,959.54 Ar (51,547.55 AMD) |
+56.2 % |
| 1 Pair of Men Leather Business Shoes |
331,875.00 Ar (28,802.20 AMD) |
515,008.21 Ar (44,695.65 AMD) |
+55.2 % |
Rent Per Month | Madagascar Edit |
Armenia Edit | |
| Apartment (1 bedroom) in City Centre |
1,800,000.00 Ar (156,215.32 AMD) |
4,025,933.92 Ar (349,395.87 AMD) |
+123.7 % |
| Apartment (1 bedroom) Outside of Centre |
526,525.23 Ar (45,695.17 AMD) |
2,694,551.03 Ar (233,850.09 AMD) |
+411.8 % |
| Apartment (3 bedrooms) in City Centre |
3,375,000.00 Ar (292,903.73 AMD) |
6,592,755.32 Ar (572,160.78 AMD) |
+95.3 % |
| Apartment (3 bedrooms) Outside of Centre |
1,614,102.82 Ar (140,082.00 AMD) |
4,060,279.15 Ar (352,376.57 AMD) |
+151.6 % |
Buy Apartment Price | Madagascar Edit |
Armenia Edit | |
| Price per Square Feet to Buy Apartment in City Centre |
329,803.05 Ar (28,622.38 AMD) |
1,396,295.99 Ar (121,179.35 AMD) |
+323.4 % |
| Price per Square Feet to Buy Apartment Outside of Centre |
209,030.10 Ar (18,140.95 AMD) |
633,624.37 Ar (54,989.91 AMD) |
+203.1 % |
Salaries And Financing | Madagascar Edit |
Armenia Edit | |
| Average Monthly Net Salary (After Tax) |
647,000.00 Ar (56,150.73 AMD) |
2,971,735.91 Ar (257,905.94 AMD) |
+359.3 % |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 17.25 | 14.83 | -14.0 % |
| Last update: | February 2024 | June 2024 | |
| Contributors in the past 12 months: | 29 | 235 |
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