Armenia vs Finland - Cost of Living Comparison

Armenia Finland
🚶 Cost of living one person
$884
$1423
👨‍👩‍👧‍👦 Cost of living Family
$2044
$3314
🏠 One person rent
$486
$708
🏘️ Family rent
$832
$1163
🍽️ Food expenses
$277
$481
🚐 Transport expenses
$34.8
$86.5
💳 Monthly salary after tax
$465
$2505
💸 GDP per capita
$4266
$48755
😃 Human freedom index
8.2
8.85
❤️ Life expectancy
75.2
82.1
👮 Corruption perceptions index
49
88
🌐 English speaking %
8%
70.2%
🎓 Higher education
55
96
😀 Quality of life
57
78
🏙️ Population
2.93M
5.52M

The average cost of living in Armenia ($884) is 38% less expensive than in Finland ($1423). Armenia ranked 82nd vs 26th for Finland in the list of the most expensive countries in the world.

The average after-tax salary is enough to cover living expenses for 0.5 months in Armenia compared to 1.8 months in Finland. Ranked 65th and 19th best countries to live in the world.

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the estimated difference in money purchasing power

Cost of living in Armenia vs Finland infographic

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Prices in Armenia vs Finland

We calculate prices for Armenia and Finland as a population-weighted mean of 10 and 49 cities, respectively. Since large cities tend to have a higher cost of living, it's better to visit specific city pages below for more relevant information.

Armenia Finland
Eating Out
🍱 Lunch Menu
$6.76
$12.2
🥂 Dinner in a Restaurant, for 2
$31.9
$73.5
🥪 Fast food meal, equiv. McDonald's
$6.09
$8.56
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.36
$6.21
 Cappuccino
$2.51
$3.92
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.84
$2.36
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$568
$722
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$377
$585
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1071
$1272
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$647
$967
🔌 Utility Bill one person, electricity, heating, water, etc.
$52.4
$74.1
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$81
$114
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$18.6
$21.3
🏦 Mortgage Interest Rate for 20 Years
11.85%
1.39%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$1986
$4497
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$923
$2719
Transportation
🚌 Local transport ticket
$0.26
$3.11
🎟️ Monthly ticket local transport
$14.3
$57.7
🚕 Taxi Ride, 8 km or 5 mi
$3.42
$19.3
 Gas / Petrol, 1 L or 0.26 gal
$1.25
$2.27
Groceries
🥛 Milk, 1 L or 1 qt
$1.18
$1.01
🍞 Bread, 0.5 kg or 1.1 lb
$0.58
$2.2
🍚 Rice, 1 kg or 2.2 lb
$2.09
$2.09
🥚 Eggs, x12
$2.14
$2.42
🧀 Cheese, 1 kg or 2.2 lb
$6.71
$7.77
🐔 Chicken Breast, 1 kg or 2.2 lb
$6.25
$10.2
🥩 Round Steak, 1 kg or 2.2 lb
$9.68
$15.8
🍏 Apples, 1 kg or 2.2 lb
$1.12
$2.24
🍌 Banana, 1 kg or 2.2 lb
$1.66
$1.71
🍊 Oranges, 1 kg or 2.2 lb
$1.68
$2.14
🍅 Tomato, 1 kg or 2.2 lb
$1.85
$3.2
🥔 Potato, 1 kg or 2.2 lb
$0.72
$1.07
🧅 Onion, 1 kg or 2.2 lb
$0.72
$1.48
🌊 Water, 1 L or 1 qt
$0.42
$0.98
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$1.51
$2.95
🍾 Wine (mid-priced), 750 mL bottle
$7.04
$12.7
🍺 Beer, 0.5 L or 16 fl oz
$1.09
$2.64
🚬 Cigarette pack
$1.87
$9.02
💊 Cold medicince, 1 week
$7.2
$12
🧴 Hair Shampoo
$2.93
$3.39
🧻 Toilet paper, 4 rolls
$1.63
$1.69
👄 Toothpaste, 1 tube
$1.86
$2.11
Other
🏋️ Gym Membership, 1 month
$54.9
$40.8
🎫 Cinema Ticket, 1 person
$5.51
$14
👩‍⚕️ Doctor's visit
$18.6
$81.1
💇 Haircut, simple
$4.07
$21.8
👖 Brand Jeans
$67.8
$83.4
👟 Brand Sneakers
$99.2
$78.6
👶 Daycare or Preschool, 1 month
$239
$346
🏫 International Primary School, 1 year
$5095
$6696

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Cities Comparison in Armenia vs Finland

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Cost of Living in Popular cities

In Armenia

City Cost of living Population
Yerevan
$976
1.08M
Gyumri
$529
122K
Vanadzor
$690
90.5K
Abovyan
$675
44.4K
Kapan
$746
43.2K
Armavir
$687
38.6K
Ashtarak
$749
21.6K
Goris
$746
20.6K
Masis
$511
21.4K
Spitak
$743
15K

In Finland

City Cost of living Population
Helsinki
$1763
642K
Espoo
$1752
297K
Tampere
$1329
225K
Oulu
$1305
201K
Turku
$1397
188K
Vantaa
$1611
215K
Jyvaskyla
$1265
137K
Kuopio
$1293
122K
Lahti
$1347
118K
Kouvola
$1261
85.9K
Salo
$1329
53.9K
Joensuu
$1265
75.5K
Pori
$1248
85.4K
Hameenlinna
$1229
68K
Rovaniemi
$1259
61.8K
Kotka
$1276
54.3K
Seinajoki
$1145
61.5K
Vaasa
$1298
67.6K
Lappeenranta
$1261
72.9K
Mikkeli
$1361
54.7K
Porvoo
$1319
49.9K
Jarvenpaa
$1433
40.1K
Lohja
$1277
46.8K
Hyvinkaa
$1208
46.5K
Kokkola
$1244
47.6K
Nurmijarvi
$1297
42.7K
Tuusula
$1221
38.6K
Rauma
$1175
39.8K
Kajaani
$1035
37.6K
Savonlinna
$1306
35.5K