Armenia vs Italy - Cost of Living Comparison

Updated:

Livingcost

Armenia Italy
🚶 Cost of living one person
$1067
$1423
👨‍👩‍👧‍👦 Cost of living Family
$2416
$3491
🏠 One person rent
$607
$710
🏘️ Family rent
$1003
$1265
🍽️ Food expenses
$320
$478
🚐 Transport expenses
$34.2
$94.6
💳 Monthly salary after tax
$551
$1686
💸 GDP per capita
$7018
$34776
😃 Human freedom index
7.99
7.95
❤️ Life expectancy
72
82.8
👮 Corruption perceptions index
47
56
🌐 English speaking %
8%
28.5%
🎓 Higher education
51
92
😀 Quality of life
52
78
🏙️ Population
2.93M
60.3M

The average cost of living in Armenia ($1067) is 25% less expensive than in Italy ($1423). Armenia ranked 73rd vs 36th for Italy 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 1.2 months in Italy. Ranked 80th and 32nd best countries to live in the world.

Salary adjustment calculator
the estimated difference in money purchasing power

Cost of living in Armenia vs Italy infographic

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Prices in Armenia vs Italy

We calculate prices for Armenia and Italy as a population-weighted mean of 10 and 148 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 Italy
Eating Out
🍱 Lunch Menu
$8.86
$15.3
🥂 Dinner in a Restaurant, for 2
$45.4
$60.7
🥪 Fast food meal, equiv. McDonald's
$7.15
$10.2
🍻 Beer in a Pub, 0.5 L or 16 fl oz
$1.86
$5.17
 Cappuccino
$2.85
$1.73
🥤 Pepsi / Coke, 0.5 L or 16.9 fl oz
$0.94
$2.46
Rent & Utilities
🏙️ 1 bedroom apartment in Downtown, 40 m2 or 430 ft2
$715
$729
🏡 Cheap 1 bedroom apartment, 40 m2 or 430 ft2
$480
$512
🏙️ 3 bedroom apartment in Downtown, 80 m2 or 860 ft2
$1261
$1424
🏡 Cheap 3 bedroom apartment, 80 m2 or 860 ft2
$802
$946
🔌 Utility Bill one person, electricity, heating, water, etc.
$62.4
$124
🔌 Utility Bill for a Family, electricity, heating, water, etc.
$96.2
$191
🌐 Internet plan, 50 Mbps+ 1 month unlimited
$20.3
$29.3
🏦 Mortgage Interest Rate for 20 Years
13.67%
4.7%
🏙️ Apartment price to Buy in city Center, 1 m2 or 10 ft2
$2591
$4411
🏡 House price to Buy in Suburbs, 1 m2 or 10 ft2
$1251
$2517
Transportation
🚌 Local transport ticket
$0.26
$1.74
🎟️ Monthly ticket local transport
$12.4
$38.6
🚕 Taxi Ride, 8 km or 5 mi
$4.14
$18.4
 Gas / Petrol, 1 L or 0.26 gal
$1.14
$1.97
Groceries
🥛 Milk, 1 L or 1 qt
$1.4
$1.53
🍞 Bread, 0.5 kg or 1.1 lb
$0.68
$1.94
🍚 Rice, 1 kg or 2.2 lb
$2.19
$2.51
🥚 Eggs, x12
$2.09
$3.75
🧀 Cheese, 1 kg or 2.2 lb
$7.95
$14.4
🐔 Chicken Breast, 1 kg or 2.2 lb
$7.15
$11.3
🥩 Round Steak, 1 kg or 2.2 lb
$11
$17.8
🍏 Apples, 1 kg or 2.2 lb
$1.1
$2.18
🍌 Banana, 1 kg or 2.2 lb
$1.69
$2
🍊 Oranges, 1 kg or 2.2 lb
$1.63
$2.31
🍅 Tomato, 1 kg or 2.2 lb
$1.82
$2.93
🥔 Potato, 1 kg or 2.2 lb
$0.66
$1.64
🧅 Onion, 1 kg or 2.2 lb
$0.65
$1.53
🌊 Water, 1 L or 1 qt
$0.44
$0.33
🍹 Coca-Cola / Pepsi, 2 L or 67.6 fl oz
$2.91
$2.18
🍾 Wine (mid-priced), 750 mL bottle
$9.37
$6.09
🍺 Beer, 0.5 L or 16 fl oz
$1.26
$1.61
🚬 Cigarette pack
$2.44
$6.3
💊 Cold medicince, 1 week
$5.42
$10.7
🧴 Hair Shampoo
$3.27
$3.37
🧻 Toilet paper, 4 rolls
$2.31
$2.28
👄 Toothpaste, 1 tube
$2.83
$2.29
Other
🏋️ Gym Membership, 1 month
$58.5
$51.8
🎫 Cinema Ticket, 1 person
$6.72
$9.56
👩‍⚕️ Doctor's visit
$24.5
$91.4
💇 Haircut, simple
$7.44
$15.4
👖 Brand Jeans
$77.4
$79.1
👟 Brand Sneakers
$123
$87.7
👶 Daycare or Preschool, 1 month
$262
$516
🏫 International Primary School, 1 year
$7352
$10263

Cost of living in other countries

Cost of living

Cities Comparison in Armenia vs Italy

More countries to compare

Cost of Living in Popular cities

In Armenia

City Cost of living Population
Yerevan
$1187
1.08M
Abovyan
$968
44.4K
Armavir
$861
38.6K
Gyumri
$597
122K
Kapan
$878
43.2K
Vanadzor
$690
90.5K
Ashtarak
$691
21.6K
Masis
$990
21.4K
Goris
$884
20.6K
Spitak
$778
15K

In Italy

City Cost of living Population
Rome
$1697
2.87M
Milan
$2074
1.37M
Turin
$1369
871K
Naples
$1337
966K
Genoa
$1450
559K
Palermo
$1150
668K
Bologna
$1602
393K
Florence
$1619
381K
Bari
$1324
323K
Verona
$1400
257K
Venice
$1438
255K
Catania
$1163
312K
Prato
$1443
193K
Messina
$1122
234K
Padua
$1593
210K
Trieste
$1279
204K
Brescia
$1472
197K
Parma
$1440
196K
Modena
$1550
185K
Reggio Emilia
$1341
172K
Livorno
$1383
158K
Latina
$1049
126K
Foggia
$1136
147K
Rimini
$1466
149K
Perugia
$1056
166K
Taranto
$1121
198K
Ravenna
$1132
159K
Forli
$1523
118K
Monza
$1567
124K
Bergamo
$1302
121K